Today’s manufacturer has several different options to take their products to market. Whether it’s the Internet, a direct sales force, or network of independent manufacturers’ representatives the question remains the same: How can a manufacturer bring their products to market in the most efficient and cost-effective way? With studies showing that the average sales call costs more than $300, manufacturers can’t afford to make the wrong decision.
The independent manufacturers’ sales representative is a proven cost-effective alternative to a direct sales force. The Manufacturers’ Representative Educational Research Foundation (MRERF) in a recent article in Fortune magazine summed it up best with these Benefits of Outsourcing Field Sales using manufacturers’ sales representatives:
- Predictable sales costs that go up and down with sales.
- Standardized sales costs.
- Lower sales costs.
- Immediate market penetration.
- More experienced sales force.
- Multi-faceted, multi-skilled sales team.
- Wider, deeper coverage.
- Stronger local relationships.
- Reduced sales force turnover.
- Training required only on product.
- Closer-to-the-customer forecasting.
- Better market intelligence.
- Increased sales.
- Knowledgeable advice and information — hear it like it is!
- Risk-free exploration of new market niches.
- Problem-solving approach outperforms product selling.
- Vested partner in manufacturer’s success.
The value that manufacturers’ representatives bring — both to those they sell to and those they sell for — emerges in great measure from the synergy created through the representation of multiple lines. The reps’ tenure in the territory and deep relationships with key customers allow manufacturers immediate face-to-face selling time of their products. Today’s independent manufacturers’ sales representative offers the most cost-effective and efficient method to market with the most professional sales and marketing services available.
Manufacturers, you can’t go wrong with reps!