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News for the wholesale distribution industry | August 16, 2007
 
 
  Best Practices 
  • Best marketing strategies guided by integrity, truth
    When it comes to marketing, maintaining honesty and integrity is the key to overcoming a variety of challenges, according to marketing consultant Lynn Upshaw. Marketing with integrity means avoiding "weasel words" and making sure you -- and not just your lawyer -- find a marketing strategy to be acceptably truthful. Entrepreneur (8/2007) Email this Story
  • Startup lessons in fundraising
    The successes and challenges of finding funding for startups are described by branding expert Karen Post. Those seeking startup funds need to know what would constitute a winning pitch and how to appropriately address an audience in making a fundraising request. Fast Company (8/2007) Email this Story
  Management 
  • Executive teams take shape of versatile, leader-centric models
    Executive teams often set the tone for an entire organization and usually follow one of two leadership models: a versatile leadership model, with a leader who aspires to build a collaborative team, or a leader-centric model, with a CEO who runs the show. Both models have merits, but the versatile team leadership model can produce more efficient and thoughtful outcomes, this article says. SmartBIZ (8/6) Email this Story
  Customer Relations 
  • What to do when customers only want lowest price
    In response to a question on how to deal with customers who only want to hear lower prices, sales expert Dave Kahle suggests considering whether lower prices or better value is what the customer really wants. Customers may have been trained to push for lower prices by sellers who make price the main topic of their conversation, or price reductions in the past may have prompted customers to continue to expect them. DaveKahle.com (7/24) Email this Story
  Training and Presentation 
  • Coaching, mentoring essential elements in executive training
    Training for executives may offer specific skill sets, but continued training should also include mentoring and coaching, according to an expert. In addition to providing a coach or mentor, employers should enlist tools such as performance appraisals, changes in incentive or pay, and changes in work flow processes to support the mentoring or coaching process. CEO Strategist (8/1) Email this Story
  Closing the Deal 
  • Keep top talent
    "It's important for sales recruiters to get creative in the way they market their career opportunities and in the way they introduce benefits," corporate communications manager Tanya Flynn says in Manage Smarter, "in order to retain and recruit top prospects." Email this Story
  NAW Insider 
  • Improve your branch profitability with powerful new tool
     
    Do you need help understanding your financial statement? Could you use a tool to build a powerful business plan? My Business Analysis [MBA] will do both and show you how to use financial analysis to find the path toward improving your branch profitability. Every branch manager should use the MBA to focus time and effort to improve their operating income. Email this Story
  • Save 35% when you order DVM
     
    The NAW Institute for Distribution Excellence and Deloitte Consulting offer Driving Growth and Shareholder Value: The Distribution Value Map™. Known as DVM, this extraordinary mapping tool helps distributors make crucial strategic and operational improvements through a systematic approach to higher efficiency, greater profitability, and added value. Reenergize existing programs or jump-start new initiatives with DVM. Order and save 35%!. Email this Story
  Weekly Poll 
  • Do you consider your boss to be funny?
    After voting once, check out the real-time poll results on NAW's All Access page as often as you'd like.
Yes, we are always laughing.
Not really, work is a place for work.
S/he certainly seems to think so.

 
 
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