Wholesale Distributors are faced with a rapidly evolving industry. Increased competition, changing business models and innovative technologies are all shaping the field today. There are five key trends that distributors need to pay attention to as they adapt and innovate to the changing industry:
- The modern consumer is always online.
- Competition is everywhere.
- Business models are rapidly changing as distributors explore new ways of going to market.
- Investing in technology is critical for the success of every type of business.
- Enabling employee productivity is essential for achieving long-term goals.