Selling through independent manufacturers’ representatives can be a very rewarding business partnership if a few key areas are taken into consideration.
The first step is for the manufacturer to understand the rep-principal model. MANA can serve as a great resource for those manufacturers who have never gone to market using reps. Insight into a rep’s role of selling in a defined geographical region, handling synergistic but non-competing lines and adding value through applications engineering assistance are just a few areas of responsibility in which MANA can serve to educate.
Next, it is important to find the right partner. MANA has … Read the rest
Long-lasting relationships between manufacturers and representatives are beneficial to each party and the customer as well. This relationship begins when the manufacturer reaches out to the representative and solicits professional representation in a specific area or on an account-by-account basis.
The information exchanged in this initial dialogue will help both sides develop an enduring foundation that can be built upon as each company grows. In this phase, representatives will decide whether to engage with the manufacturer or not. There are several things a manufacturer can do to prepare for this initial communication to ensure they find the representative best suited … Read the rest
In the ever-evolving relationship between manufacturers’ representatives and their principals, the need to educate one another remains vitally important.
Manufacturers educate reps on capabilities, quality systems, lead times, polices and procedures and best practices that they feel will assist the rep to be more successful in marketing and selling their respective lines. Do we ever stop to think about how important it is for reps to reciprocate this education back to the manufacturer?
Manufacturers should always consider their rep agencies as extensions of their business. The communication should be transparent, open and frequent, for the two sides are truly “partners” … Read the rest
Wow, what a difference 60 days makes!
Who would have ever thought our business climate would be where it is today looking back just a couple of months ago? The economy was rolling, the manufacturing sector was up, and the workforce employed. Now we have major OEMs shut down, labor force furloughed, laid off employees, and we are dealing with the unknown of how to re-enter the workplace safely and effectively. A lot to think about and even comprehend for small business.
So, what does the new normal look like as we begin to lift the current “stay at home” … Read the rest
The relationship between a manufacturer’s inside sales staff and the representing agency is one of the most crucial elements in creating mutual success.
Inside sales serves a dual role; first, they must provide support and service to the customer and secondly, they have to champion the rep and their efforts. Several key factors play a role in this model: communication, recognition, support, and the rep model being accepted as an extension of the manufacturer.
Communication must flow both ways and consist of timely written and verbal dialogue. It is incumbent upon the representative to keep the inside sales staff fully … Read the rest