Supplying value
Bring supplier reps
on sales calls to add real value for customers.
by Paul Markgraff
It’s a classic case of
putting theory into practice. Fictitious distributor Primo Industrial
Supply sales manager Kevin Fitzpatrick taught his outside salespeople
all about selling value. He has shown them before-and-after case
studies, explained the value of documented cost savings and demonstrated
the power of the win-win-win sales strategy.
But he recently hit a
snag. His salespeople understand the concept of selling value, but they
are unsure how to take the first step toward selling customers on the
concept.
In our last issue of
V-Mail, we posed this problem for readers and asked what they would do
were they in Fitzpatrick’s shoes. Answers varied, but a common thread
ran throughout: Distributors that involve their suppliers generate value
for customers.
The supplier
approach
Wes Delnea of Crown Industrial Supply in Chicago recommends the
supplier’s rep be part of the sales call. After all, he says, what
better way to show value than by bringing the distributor expert and the
supplier expert together with the end user to find productivity
improvements on the plant floor.
Delnea says cutting
tool maker Sandvik and storage solution provider Kennedy Manufacturing
Co. are two suppliers with the savvy to document cost savings for
customers. He identifies Sandvik’s Productivity Improvement Process
(click here for story) and Kennedy’s Lean storage presentation/plant
survey as two worthwhile examples of supplier-generated value.
“Fitzpatrick should use
the resources he has access to, namely the supplier reps that call on
his company,” says Delnea. “The customer benefits, his sales staff gets
educated and the supplier gets a sale. It’s your typical win-win-win.”
Dave Thompson,
president of Kennedy Manufacturing Co., agrees that supplier/distributor
experts can bring real value if they work together, but it must be a
capable supplier.
“The challenge for
Kevin is to identify both the supplier and its representative that
understand the concept and are prepared with the proper tools,” says
Thompson.
Chuck Connors,
president of Omni Services in Worcester, Mass., says he would ask his
salespeople to conduct role playing exercises in a friendly and fun
environment. Coupled with that, he would involve select supplier sales
reps to participate.
“Then, each salesperson
would select five target accounts with a ‘who-what-why-where-when’
approach to value-added opportunities,” says Connors.
Asking a supplier to
become part of the equation was not the only method suggested by readers for introducing
customers to a documented value-added selling approach. Christopher
Sill, account manager for Fehr Bros. Industries, explains that the key
to value-added selling is seeing value from the customer’s perspective.
“If the customer will
benefit from the direct contact with your supplier, then bring him in,”
says Sill. “However, the value really lies in providing the customer
with a person he can trust and he believes has his best interests at
heart. Value comes from understanding the customer and his business
processes and integrating yourself and your company seamlessly into
those processes.”This
article was prepared exclusively for ValueAddedPartners.org. Copyright
2007.
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