News Digest 4921
MDM's top news briefs from News briefs from October 26 - November 10, 2019.
MDM's top news briefs from News briefs from October 26 - November 10, 2019.
Distributors that are on the path to sustainability are realizing a long list of benefits that come from operating as a good corporate citizen in their communities.
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Theres a quote about not letting a good crisis go to waste; it can provide an opportunity to leverage whatever disruption is in play to address other issues in addition to the main event. Thats a great mindset to think about 2020.
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MDM has frequently and carefully noted that growth for most distribution sectors is slowing down. Slowing down does not mean sales are declining, just continuing to grow, but at a slower rate. At some point slower could well be a precursor to decline.
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We saw a dramatic shift in 2017 and 2018 in the amount of revenue coming through e-business channels for distributors in part due to a lower barrier to entry for smaller companies. Platform costs are less expensive, better product data is available and distributors in general have more know-how around how to use these technologies.
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Electric and Air Power Tools in the U.S., plus the top end users by 6-digit NAICS.
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Theres a quote about not letting a good crisis go to waste; it can provide an opportunity to leverage whatever disruption is in play to address other issues in addition to the main event. Thats a great mindset to think about 2020.