Sales Tip: Have a business partner
May 23, 2018
Many distributors decide at one point in their business to take on a partner. Whether it's a family member, a trusted friend or distributor-in-training, having a business partner can be helpful and lucrative for your business.
At a Matco Tool Show training session, one distributor gave some suggestions on how a partner can support a distributor both on their own route or through back-end tasks.
How a partner can contribute "at home":
- Keep track of tool and equipment shipments
- Send physical statements on open accounts
- Handle 'skips,' including making phone calls, sending mailings, working with a collection agency, etc.
- Keep track of accounts at $500 or more. This distributor says that can be a 'red flag.'
How a partner can contribute "actively on the route":
- Run a separate route which focuses on big-ticket sales
- Deliver needed tools and equipment to the distributor on their route
- Pick up "skipped" customers in person
- Go into shops, or check on regular customers that were missed that week
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