Top 5 Mistakes that Wholesale Distributors Make
Being a wholesale distributor can be complicated. There’s a whole lot to manage, and it’s easy to miss things in the midst of it all. But if you’re aiming for growth, it’s time to take a closer look at how you’re doing things. You might just discover plenty of room for improvement. To kick things off, there are specific important areas where mistakes often happen. Trust us, you’d want to know about these. So, let’s get into it.
Table of Contents
- Identifying Mistakes That Are Harming Your Business
- 1. Are your orders consistently error-free?
- 2. Is your focus on inventory management sufficient?
- 3. Are the resources you employ in sales routes providing a worthwhile return?
- 4. How do you manage, view, or monitor your team's performance?
- 5. Are you effectively leveraging prices and promotions?
- Did Any of These Questions Resonate with You? We Have a Solution!
- Orders in Seconds + QuickBooks
Identifying Mistakes That Are Harming Your Business
The following questions focus on crucial areas where mistakes could be hiding. Let’s explore them to uncover potential pitfalls.
1. Are your orders consistently error-free?
Accuracy in order records is critical—it’s the crucial link between satisfied customers and seamless operations. Yet, for many wholesale distributors, this remains a challenge to master due to the numerous mistakes that can arise when relying on outdated systems. Is this happening in your business?
2. Is your focus on inventory management sufficient?
Handling inventory is complex, however, it’s a critical aspect not to be overlooked. After all, your finances are tied up here—shouldn’t you have a clear grasp of what you possess?
Avoid the Top 5 Mistakes Wholesale Distributors Make
3. Are the resources you employ in sales routes providing a worthwhile return?
Many distributors miss out on fully optimizing their sales routes. These routes are the lifelines of your business, affecting your profits directly. Are you approaching sales route planning the right way?
4. Are you effectively leveraging prices and promotions?
Pricing and promotions can be game-changers, but they require careful handling and organization. For many distributors, striking the right balance between attracting customers and maintaining healthy profits is a challenge. Are you struggling with this?
5. How do you manage, view, or monitor your team's performance?
Your field sales team is your frontline, shaping your brand’s reputation. Monitoring their performance is like having your finger on the pulse. Yet, many businesses grapple with this task, aiming to strike the right balance between autonomy and guidance. Is this your case?
Did Any of These Questions Resonate with You?
Many mistakes commonly seen among wholesale distributors revolve around the areas we’ve discussed.
If you’re finding it hard to grow as expected or experiencing too many problems in your sales or workflow processes, it’s quite likely that these mistakes could be causing the issues.
Recognizing these challenges from years of experience working with wholesale distributors and manufacturers, we’re eager to provide you with invaluable solutions through this FREE ebook Avoid the 5 Top Mistakes Wholesale Distributors Make.
Avoid the Top 5 Mistakes Wholesale Distributors Make
By the end of it, you’ll have all the tools you need to scale up your wholesale distribution business with confidence and precision.
Orders in Seconds + QuickBooks
Orders in Seconds (OIS) and Intuit QuickBooks, created this ebook to showcase our dedication to helping your wholesale distribution business grow.
We’ve created an end-to-end B2B order management and accounting solution that simplifies and streamlines:
- Order Taking
- Accounting.
- Inventory & Pricing
- Shipping
Helping businesses like yours save money, hours of work and avoid costly mistakes. With Orders in Seconds + QuickBooks Online, get everything you need in one place.
Experience the benefits of OIS’s streamlined sales solutions and QuickBooks Mobile, working together to oversee and improve your business seamlessly.
As a trusted partner of QuickBooks, you’ll receive expert guidance and support from the Orders in Seconds team to help resolve your distributor challenges and position you for growth.
Don’t wait to leverage the benefits of both the QuickBooks Mobile App and Orders in Seconds Pro App, which allow you to effortlessly access up-to-date information anytime, anywhere, directly from your mobile or tablet device.
Let's Create a Plan to Help You Avoid These Mistakes
We are eager to learn more about your company and offer guidance and support wherever possible.
As an advanced QuickBooks solution provider, Orders in Seconds is certified in QuickBooks Online and Desktop. Schedule a time to connect and receive expert guidance and support from the OIS Team to select the ideal QuickBooks solution for your business.
