Blogs from Art Waskey

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How to Improve Strategic Projections

Like so many areas of business, the art of strategic planning has been greatly altered by the introduction of new technology. Software applications and Artificial Intelligence (AI) have greatly improved our ability to project and make a strategic plan. Three questions...

How To Sharpen Your Forecasting Skills

Traditional forecasting When I retired from a very successful distribution company in 2018, we were creating our strategic plan using the most current and sophisticated methods available. Sales forecasting is achieved by analyzing previous sales cycles and following...

Intuition vs. Data: Which One Hires Better?

Using intuition As a consultant, I am often asked to interview potential new executive employees for my clients. In my sales management career, I hired many outside sales representatives. When interviewing, I relied heavily on intuition and my success rate was above...

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Beating the Alternatives with Digital Capabilities

Successful salespeople are constantly looking for ways to thrive in a marketplace loaded with alternative business channels. They ask, "How do I maintain or regain a sales standard at a time...

Value your Employees

Workers in the US labor market are on the move. A shortage of talent combined with greatly expanded job options has led to rapid employee turnover. Additionally, the US Bureau of Labor reported that...

Automate to Stay Competitive

With the latest technology, you can streamline operations, improve customer service, and stay competitive in today’s market. Using automation tools has become increasingly important to achieving...
The Added-Value Differentiator

The Added-Value Differentiator

Electric Vehicles (EVS) are coming. I have two Gen X children who are now working professionals and both drive Chevrolet Bolt EVs. In a recent...

Sales: The Psychodynamics of Success

Sales: The Psychodynamics of Success

A sales manager recently described his travel day with a rep who needed to close more business. They called on six prospective accounts and the...

The High-Value Customer

The High-Value Customer

How to Measure Success While VP of Sales, I oversaw a hospital account that was among our leading 10 customers. Their purchases topped the charts....

What Should I Do With My Business Now?

What Should I Do With My Business Now?

Get Organized Twenty years ago, as the VP of Sales for industrial gas and welding supply company, I started writing a monthly column, “The Art of...

The Distributor Differentiation

The Distributor Differentiation

A lot to Consider As an independent regional distributor, you need to take a close look at where to invest your digital dollars. In a recent MDM...

The Digital Differentiator

The Digital Differentiator

Key Differentiator Many B2B purchases are made before a consumer even contacts a vendor. According to data from SiriusDecisions, 67% of the...

Justify Your Price

Justify Your Price

Remind Customers of Your Value As Benjamin Franklin said, “The bitterness of poor quality remains long after the sweetness of low price is...

From Purchasing to Procurement

From Purchasing to Procurement

Technical Abilities A young woman came into a distributor’s store to buy a robot to automate her company’s business. The counterperson referred her...

Focus on Profit Segmentation

Focus on Profit Segmentation

One of the most challenging responsibilities of a sales manager is bridging the gap on account profitability between sales reps and the executive...

Mentor (ing) for Success

Mentor (ing) for Success

Proverbs 11:14 says “Where there is no guidance the people fall, but in the abundance of counselors there is victory.”   I find these words...

Leading with Added-Value

Leading with Added-Value

The term added value has been a significant part of sales strategy discussions in the last several years. In the digital age, its importance...

Ask Why They Are Leaving

Ask Why They Are Leaving

A sales manager responded to a recent article I wrote which examined the importance of finding out why a customer was unresponsive. He noted that...

Personalize the Selling Process

Personalize the Selling Process

Digitization is altering the way people sell. Sales professionals must now look at how to personalize their processes. A great way to do this is...

Distributor Sales: Best Strategies

Distributor Sales: Best Strategies

The Advent of Distribution Networks As we know it today, distribution sales began in the United States in the late 19th and early 20th centuries....

Grow With Digitalization

Grow With Digitalization

A punch-card solution I have seen how digitalization has transformed society through my long and fulfilling career. I still have my first calling...

Winning Through Relationships

Winning Through Relationships

Focus on core strength Independent distributors have been introducing Enterprise Resource Planning (ERP) platforms to their businesses over time....

Make Price Increases More Palatable

Make Price Increases More Palatable

Price increase alert The Producer Price Index (PPI) climbed 10% in 12 months through February 2022. In line with economists' expectations, the...

Mentor your Business Forward

Mentor your Business Forward

A mentor’s objective is to identify your needs and expectations and offer creative solutions that move your business forward.  In today’s...

Always Service First

Always Service First

Focus on improvement There is no question that in the last three years a lot has changed for sales professionals. Yet one important thing has not....

The Wolf at Your Door

The Wolf at Your Door

Artificial Intelligence Artificial Intelligence (AI) is the wolf at the distributor’s door. It enables alternative channels to directly compete with...