Created for [email protected] |  Web Version
May 5, 2021
Connect with NAW LinkedInFacebookTwitter
NAW SmartBrief
News for the wholesale distribution industrySIGN UP ⋅   SHARE
ADVERTISEMENT
Top Story
Distributors that want to succeed in e-commerce have to develop and adapt quickly, and that requires having the right talent on board, says Faisal Hussain, vice president of e-commerce and product management at MSC Industrial Supply. He recommends developing digital talent by using "the core principles of transformation: L.E.A.D (Learn, Engage, Adapt and Disrupt)."
Full Story: Digital Commerce 360 (4/29) 
LinkedIn Twitter Facebook Email
Henry Schein reported first-quarter profit of $166 million on revenue of $2.92 billion, with both figures higher than year-ago results.
Full Story: RTT News (5/4) 
LinkedIn Twitter Facebook Email
The Death of Field Sales
The days of large field-based sales teams are numbered for most organizations. Most customers don't want it and most businesses simply can't afford it! This book shows a better way to grow sales significantly faster than expenses, as we return to business as usual.
Get the first four chapters FREE.
ADVERTISEMENT:
Operations and Technology
The consumer market for electric vehicles has heated up, but EVs are also in demand in the B2B commercial vehicle industry. John Walsh, the CEO and founder of Endera, says the next decade will be big for companies that produce electric commercial vehicles, providing "an ocean of opportunity."
Full Story: Forbes (tiered subscription model) (4/30) 
LinkedIn Twitter Facebook Email
No relief in sight for tight freight market
(Pixabay)
Trucking companies, manufacturers and other businesses along the supply chain expect the lack of freight capacity to keep driving up rates and shortages of computer chips and truck drivers to continue, even as the economy rebounds. "I don't think that you're going to see any capacity relief coming in 2021," says Derek Leathers, CEO of carrier Werner Enterprises.
Full Story: The Wall Street Journal (5/2) 
LinkedIn Twitter Facebook Email
Sales and Marketing
B2B marketers can capitalize on search marketing by having a strong foundation in search engine optimization and search engine marketing, using paid search and A/B testing, creating quality content and incorporating social media, writes Mo Awad, vice president of search at MeritB2B. "Ultimately, A+ search strategy in 2021 is about creating that same welcoming, communicative, and helpful environment that marketers have been perfecting for so many years in person and on the phone," he writes.
Full Story: Digital Commerce 360 (5/3) 
LinkedIn Twitter Facebook Email
Salespeople are suited to help customers with complex buying decisions, while digital tools are better at a hands-off experience and handling simpler purchases, industry experts say. "I think it's really about the journey, and I think the human and the machine are going to be supporting each other all the way through," said Brian Beck, CEO of Beck Ecommerce.
Full Story: Modern Distribution Management (tiered subscription model) (5/3) 
LinkedIn Twitter Facebook Email
Sponsored content from The Wall Street Journal
Free to read exclusively for SmartBrief readers
The Business Leader
User manuals can be helpful as literal, written-down guides for how your co-workers or reports can understand your values, work style, preferred forms of communication and how they can help you, writes RadReads founder Khe Hy. Such a manual can "deepen trust, eliminate unnecessary conflict and -- most importantly -- [you'll] spend less time worrying about things outside of your control," Hy writes.
Full Story: RadReads (5/1) 
LinkedIn Twitter Facebook Email
NAW Insider
Distributors: Please help NAW by sharing your insights by May 10
(NAW)
Please help NAW and participate by May 10 in a 5- to 7-minute survey, "Post-Pandemic Leadership Strategies for Distributors," conducted by Distribution Strategy Group. Your participation in this completely confidential survey will make you eligible for a chance to win one of five $100 gift cards. Join with hundreds of other distribution executives in ensuring that the industry learns as much as possible from the unique experiences of 2020 and 2021. Please make your voice be heard. Take the NAW survey.
LinkedIn Twitter Facebook Email
Act by May 6 to save your seat: NAW Virtual Distribution Leadership Program
(NAW)
It's decision time: If you plan to attend or send your leaders, please register by May 6. This program is not a full 2-week commitment of time. Rather, this virtual course will allow your leaders to conduct their day job and expand their skills and knowledge at the same time. No missed work and no travel time. Learn how other distributors operate, solve problems and drive solutions. This course builds competence and confidence for everyone from emerging leaders to seasoned veterans. Register your team!
LinkedIn Twitter Facebook Email
NAW's next free webinar is May 19: Pandemic Effects on Distributors
(NAW)
With signs that masks, social distancing and, especially, vaccinations, may put COVID-19 in the rear-view mirror in 2021, we will explore in this third free webinar how the effects of the pandemic will change the distribution industry in the long run. Join NAW and Ian Heller and Jonathan Bein of Distribution Strategy Group on May 19 at 2 p.m. ET. If you can't attend, register anyway and we'll send you the recording. Sponsored by Oracle Netsuite. Register here.
LinkedIn Twitter Facebook Email
LEARN MORE ABOUT NAW:
Join NAW | Publications | Events | Legislative Issue Briefs
Business Services | NAW Career Center | Blog
Sharing NAW SmartBrief with your network keeps the quality of content high and these newsletters free.
Help Spread the Word
SHARE
Or copy and share your personalized link:
smartbrief.com/naw/?referrerId=lfbdlNyHyu
Chance is the first step you take, luck is what comes afterward.
Amy Tan,
writer
May is Asian American and Pacific Islander Heritage Month
LinkedIn Twitter Facebook Email
SmartBrief publishes more than 200 free industry newsletters - Browse our portfolio
Sign Up  |    Update Profile  |    Advertise with SmartBrief
Unsubscribe  |    Privacy policy
CONTACT US: FEEDBACK  |    ADVERTISE
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004