RETRIBUTION IN DISTRIBUTION
Please understand one fundamental element which is the basis of this
entire post and that is “People run companies & NOT brand names or labels”. I state this being a hard core sales person
that has the ability to successfully close over 86% of every sale that I focus
on.
Also in order for any company or organization to make a buck
its distribution or “sales” arm has to be constantly nurtured whilst appreciating
the company’s value monetarily as well as curtailing is CoGS (Cost of Goods
Sold).
Your mind must be wandering off immediately to the retail
industry and to some big name distribution setups but this is also relevant to
the finance world (banking & insurance) Pharma industry, automotive you
name it – if the industry has a product be it B2B or B2C then you know that the
industry has a distribution network (Sales team). It can be a one man show that is a CEO who
rubs his elbows in the BOSS suit at the Sind or the Punjab Club or be it someone
like Abu Dawood that carries the company P&G which was built by the hard
work of IBL.
The statement above goes to show that Companies &
Clients are NOT at all loyal like old school wives rather they behave like a
whining mistress that will always hold the distribution company hostage with
the threat of milking them for what they are worth and then desert the ship
upon setting their sights on a newer bigger brand named target. In other words no industry has any form of
loyalty left in it that will give it the emotional security that they are
somewhat safe.
Now this is not a bitching session about how bad
distribution is rather this is a post telling you that if you rely on people to
drive your sales for you then you need to take care of them. Let’s face it if you are in the bank then
your pawns or soldiers who are the RM’s from two different branches are always
fighting against each other to get business from the same neighborhood rather
than helping each other. Those Salesmen
that acquire a wealth of customers gladly job trade with a competitor bank and
for 10,000 rupees more take the clients with them to another bank only to
return after 12 – 18 months at a ridiculously high pay raise as long as they
bring the “business” back with them.
Same goes for the insurance setup & retail distribution.
Because companies do not invest in re-training and
appreciating the core value of their existing staff they wind up adding human
resource to their HR departments to handle all the unnecessary paperwork that
is caused by this huge horizontal career change because there is no vertical
growth.
Telco’s & Pharma companies need to constantly invest on
re-investing into their human resource because along with the rest of the world
Pakistan especially Karachi is not growing business wise. I speak from a sales perspective that it
takes a doctor to train a doctor so as a sales hound I must tell you that you
need a salesman to teach your staff how to close 85% of the time and what not
to say and how to read a customer when making a deal for you.
If your team is happy your numbers will go up and your BOD
will be smiling otherwise it makes no difference how big the brand name is it
is pointless having a sales team because the good will of your brand will sell
its self.
You need an educated smart working distribution network that
will add value to your CoGS rather than be a burden to it. Money in the bank is what matters not credit
parchis from the entire market! From a sales perspective do see my linked in profile so that I may help add value to you your sales team. http://pk.linkedin.com/in/amynaghulamali/
Also do follow my blog as its quite ridiculously entertaining...that is if you like what & how I write!
If you need to then please e-mail me at amyn@ghulamalis.com
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