The Pros and Cons of Specializing in the Distributor Business

Do you specialize in a particular market? This is one question I always ask distributors at educational presentations as well as one-to-one consultations. Nine out of 10 times, the answer is no. Most feel it’s best to serve as many industries as possible and not limit themselves. Is that the right approach?…

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Time Is Money. Really.

I have said many times that there is no excuse for not making $500,000 per year in this industry, whether you are a business owner or a sales rep. Time is money. You heard it before. But do you really believe it? Do you really treat time like money? Think about it this way. Let’s say…

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What’s the Easiest Way to Place a Reorder in QuickBooks?

Ask the Accountant… Question: A customer is placing a reorder. Is there an easy way to do that in QB Premier? Answer: Yes. Open the original sales order and click “Create a Copy” at the top of the screen. Make any adjustments to prices in the new sales order, then create the supplier purchase order…

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Are You Ready for the Boom?

Consider this small window of opportunity—now—the biggest moment of your future. The Financial Times called it a “once-in-a-century” boom. Nobel-winning economist Paul Krugman calls this imminent moment coming out of COVID a big bounce followed by a long boom. Many are predicting a second roaring twenties. But it won’t boom for all. Why?…

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Why Is Internet Marketing Important for Distributors?

In the promotional products business in particular, the online component of marketing is hugely important for growing your client base and sales. There are three reasons why internet marketing is critical to the success of your promo business. Let’s look at those reasons and how you can use them to your advantage…

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How New Promotional Products ERP Solutions Can Increase Efficiency and Decrease Operating Expenses (and What to Look for When Selecting One)

Tomorrow’s winners will use the current business climate as an opportunity to be prepared to succeed as the pandemic recedes and the economy returns to the norm. An efficient, flexible, cloud-based ERP system is no longer a luxury for distributors. It is essential to combine, coordinate and simplify the processes required to manage the business…

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