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September 16, 2021
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Top Story
ODP's planned split will create a B2B-focused company called ODP Corporation, which itself will contain ODP Business Solutions and the B2B digital marketplace Varis, for which the company has hired numerous former Amazon and Amazon Business employees, writes Ian Heller. "It will be interesting to see if a well-capitalized competitor can put Amazon on defense -- using not only the same playbook but some of the same players," Heller writes.
Full Story: Distribution Strategy Group (9/14) 
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Core & Main posted net income of $9.5 million on sales of $1.2 billion for the second quarter ended Aug. 1, with sales rising 35.7% from a year earlier despite profit declining by nearly 50%. The company recently went public, "generating gross proceeds of approximately $802 million," said CEO Steve LeClair.
Full Story: Modern Distribution Management (tiered subscription model) (9/14),  MarketWatch (tiered subscription model) (9/14) 
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Operations and Technology
The long-haul trucking sector is looking toward electrification and autonomous vehicles to offset the perpetual shortage of drivers, but technical obstacles must be overcome. A major issue is ramping up infrastructure needed to charge large numbers of batteries.
Full Story: Semiconductor Engineering (9/13) 
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Sales and Marketing
Price objections can be tricky even for seasoned sellers, but salespeople should deal with them in the way comedians handle hecklers. Comedians respond with confidence to hecklers and move on with the show, which can teach salespeople to remain composed and focused on the value of their solution when replying, writes Colleen Francis.
Full Story: Engage Selling (9/19) 
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AZK Media's Azadeh Williams explains how business-to-business marketers can improve engagement with video, recommending "bite-sized" social video campaigns that can be repurposed from events, webinars, podcasts and other content. Williams explains how to use data analysis to convince the C-suite of video marketing's effectiveness and how to produce quality video on a tight budget.
Full Story: Marketing Mag (Australia) (9/14) 
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The Business Leader
Schedule deliberate downtime between events and projects to remain effective and prevent burnout, writes Juliet Funt, who calls the concept "the wedge." Funt outlines four motivators of workplace activity and how we can avoid going overboard in any of those areas.
Full Story: Leadership Now (9/13) 
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Act Quickly! Here's Your Last Chance to Register for October's Session
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Are you looking for professional development programs to help you retain and develop your key personnel? If yes, then the NAW Certificate in Distribution Professional Management program will help your leaders reach their highest performance levels. Learn more.
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In this free NAW webinar on Sept. 23, at 2 p.m. Eastern, Ian Heller and Jonathan Bein of Distribution Strategy Group will identify best practices for developing, implementing, monetizing and managing services. Register now! Sponsored by Oracle Netsuite and Enable.
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Action is the antidote to despair.
Joan Baez,
singer-songwriter, musician
National Hispanic Heritage Month is Sept. 15 to Oct. 15
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