MDM News Digest 4809
MDM's top news stories from April 26 - May 10, 2018
MDM's top news stories from April 26 - May 10, 2018
As part 1 and 2 in this series outlined, distributor e-commerce reached a remarkable tipping point in 2017: According to our most recent survey, the percentage of distributors deriving more than a tenth of total revenues from e-commerce grew from 34 to 41 percent. Part 2 discussed the key drivers for e-commerce demand, with field sales continuing to lead the way, but with SEO gaining in importance. In this article, we explore survey findings on how distributors are using Amazon as a sales channel, types of products sold and ways in which Amazon may be a threat.
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Distributors are polarized when it comes to Amazon.
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April survey: Business conditions remain strong.
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Tools Storage in the U.S., plus the top end users by 6-digit NAICS.
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If you want huge success, then help your employees succeed.
Company opens engineering center in Pune, Maharashtra.
Michael Nefkens appointed to lead Homes business, which will spin into a separate publicly traded company by years end.
Sales increase 11 percent, profit soars on strong sales growth, cost management strategies.