Resources for Entrepreneurs

Selling to an Industry

Selling to Crafts and Craft Supplies Wholesale and Manufacturers Businesses

The word is out that many crafts and craft supplies wholesale and manufacturers businesses are expanding, and smart vendors are striking while the iron's hot. If your company has a history of sitting on the sidelines, maybe it's time to start selling to crafts and craft supplies wholesale and manufacturers businesses.

Selling is one of the hardest tasks you'll ever undertake. So it shouldn't come as a surprise that new customer acquisitions in this industry is a lofty ambition that demands diligence and respect.

Companies that market to crafts and craft supplies wholesale and manufacturers businesses have to be prepared to prove their primary selling points to customers who are savvy about marketplace realities. Here are some of the other things you'll need to sell products to crafts and craft supplies wholesale and manufacturers businesses.

Industry Developments

Inevitably, crafts and craft supplies wholesale and manufacturers businesses are constantly evolving to meet the needs of the marketplace. Companies that sell to crafts and craft supplies wholesale and manufacturers businesses need to evolve with their customers to meet changing consumer needs. B2B businesses that take an unfocused approach to industry developments are at a significant disadvantage, especially in this industry.

Subscriptions to trade journals and networking can help your company stay abreast of developments in the industry.

Marketing, Promotions & PR

Ambitious B2B entrepreneurs are often tempted to buy their way into the market. Rather than taking the time to develop relationships with crafts and craft supplies wholesale and manufacturers business owners, these companies blanket the market with high-priced marketing content in hopes of gaining quick momentum with buyers.

Marketing is useful and necessary. But new businesses should focus their marketing budgets on initiatives that support their value proposition. Although lead lists obtained from third-party vendors like Experian can dramatically increase the quality of your prospects, the effectiveness of your marketing efforts is limited to your team's ability to connect marketing, promotional and PR messaging with your company's unique product traits.

Sales Team Considerations

The majority of businesses that sell to crafts and craft supplies wholesale and manufacturers businesses take a team sales approach.

Although your team may be comprised of individual sales reps, each rep has to recognize their role in the team strategy. There is simply no room for solo sales in this industry! Team-based training programs and other initiatives can be beneficial, but the best strategy for encouraging buy-in to a team sales model is for owners and managers to model team-based behaviors throughout the organization.

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary