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For businesses selling products online, offering wholesale sale prices is one of the most effective ways to attract customers, increase sales, and boost profits. It allows customers to buy in bulk and get a discounted price, thus creating a win-win situation for both the seller and the buyer. But setting up wholesale sale prices in…
By: David Bauders, SPARXiQ CEO Over the thirty years since starting the company now known as SPARXiQ, I’ve worked with over a thousand industrial B2B distributors across a broad diversity of vertical markets. What has struck me across these many years is the surprising variability of business and financial performance within industry sectors. There’s a…
Last week, NAW was proud to welcome over 300 of our nation’s leading wholesaler-distributors to Washington, DC for the industry’s premier event, the 2023 NAW Executive Summit: The Next Frontier of Wholesale Distribution. We aimed to bring together the best and brightest to discuss the current landscape of wholesale distribution, what’s on the horizon, and…
Even before the pandemic, the forces of change were looming large in wholesale distribution. New generations of buyers were changing how they buy and what they expected from distributors — which in turn, was forcing a wholesale transformation of the modern distributor. The post-WWII distribution-center-with-local-branches model was showing its age. Digital technologies — including e-commerce…
By: Benj Cohen If you’ve been paying attention to the media lately, you’ve probably heard a lot about ChatGPT, the groundbreaking chatbot technology that uses advanced artificial intelligence and machine learning to have natural and lifelike conversations with users. As a distributor, you might have wondered if and how ChatGPT could potentially benefit your business….
