The Future is Profitable Growth
New Solutions Require New Talent & Sales Support Resources
While industry sales may be on the rise, so is pricing, which leads to an impact on net growth. Industrial and electrical products and systems distributors are looking for ways to achieve differentiated growth, productivity and efficiency. Leaders are replacing the legacy “one-and-done” selling by focusing on creating value for customers.
With this comes the need for new talent and investments in robust revenue enablement and operations teams to effectively collaborate on strategic offerings. A focus on solution selling vs. a more traditional fulfillment sales motion gives way to the need for specialists and overlay roles for connected products and services.
Are you revamping your talent acquisition strategies to ensure you can meet new customer demands?
How We Help
- Integrate Marketing, Sales and Service under one leader: the chief revenue officer, who owns the entire customer continuum, has a pulse on customer needs and a solid vision for the future.
- Develop manufacturing partner program alignment to offer customers a complete solution – the resources, support and specialized knowledge to demonstrate your unique value.
- Segment customers based on their needs and requirements – build out e-commerce capabilities for ease of ordering while focusing in-person sales time on customers who necessitate more coverage.
- Move from product pusher to service-oriented experience provider with subject matter expertise on connected products and services and simplification of the purchasing process.
- Focus on marketing strategy by evaluating current and new markets, areas of opportunity and optimize marketing channels, mix and return.
- Develop sales compensation programs aligned with new product offerings and solutions.
Related Insights
Participate in Our Research
Open Opportunities Briefing Offers- Commercial Practices to Drive Profitable Growth & Valuation Economic downturn. Unpredictable markets. These are just a few factors that are preventing manufacturing commercial leaders from determining and realizing revenue goals. How can organizations achieve differentiated growth, productivity and efficiency for profitable growth?
- Digital Go-to-Customer Study Discover the industry trends, insights and frameworks on the digital impact on revenue growth, as well as recommendations for increased sales performance and growth in a digital environment.
- Digital Insights Study Digital means changing how companies engage with customers and enable their commercial teams. Determining where and when your customers interact with your products and solutions can impact your organization’s digital maturity and where to guide your investments.
- Manufacturing & Distribution Industry Trends Research: Strategies | Insights | Metrics Digital is altering the way customers interact and purchase your offerings. Integrating sales, marketing and service to provide customer value will differentiate your firm, command a premium and deliver sustainable growth. Compare your business processes and performance metrics to your competition to see if you’re hitting the mark.
- Manufacturing & Distribution Productivity Drivers Rising inflation, supply chain constraints and uncertain demand are just a few economic factors that are impacting commercial models. What drivers are manufacturers and distributors investing in to prioritize customer segments, protect margin, and maintain and grow market share?
- Marketing Insights Study Over 150 marketing executives were interviewed to determine the marketing initiatives being prioritized to maximize customer lifetime value. From marketing roles and resource allocation to marketing mix, channels and spend, get the latest insights on where marketing leaders are investing to advance their organization’s marketing maturity.
- Revenue Operations Survey Over 200 executives in sales and revenue operations were surveyed across Business Services, Financial Services, Manufacturing and Distribution, MedTech, Health and Wellness, Media and Technology to determine the leading practices of world-class revenue operations organizations.
Upcoming Manufacturing and Distribution Events
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EMEA Sales Comp Community: First Sales Comp Design Question Everyone Asks: “What Are My Measures?”
Virtual RoundtableSales compensation weights and measures communicate both the sales strategy and the definition of success to individual sellers. In this way, selecting the appropriate measures can be the difference between a general plan that fails due to lack of specificity and a tailored plan that creates the role-specific outcomes required. In this virtual session for the EMEA Sales Compensation Community, we will share best practices on how to choose between the myriad of measure options available as well data on the best weight and measures used in the marketplace.
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Wednesday, June 28, 2023
2:00 p.m. – 3:00 p.m. BST -
Virtual
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Sales Compensation Symposium
Get the latest metrics, sales compensation and quotas insights/practices leading companies are using to drive revenue growth, manage costs and attract/retain talent. Registration is complimentary.
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Tuesday, August 15, 2023
12:00 p.m. – 6:00 p.m. ET -
Virtual
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Executive Forum
Join hundreds of senior sales, marketing, commercial and operations leaders to share stories of transformation, connect 1:1 virtually, and take away actionable ideas for how to win in an ever-changing 24×7 customer environment.
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Wednesday, October 25, 2023 –
Friday, October 27, 2023 -
The Breakers | Palm Beach, Florida
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Sales Compensation Symposium
Reserve your spot at Alexander Group’s upcoming Sales Compensation Symposium. Join leading manufacturers and distributors as we discuss the latest strategies and best practices to support your sales reps as you look to set, measure and compensate success.
Practice Leadership
Research & Benchmarks
Get access to the latest go-to-market research and benchmarks to leverage growth drivers for valuation improvement