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There are multiple ways for you to get
involved with your dealers to allow them to get more out of their HVACR
businesses which in turn keeps your dealer base strong and profitable
for you. You and
your territory managers play an important role in taking your dealer to a higher level.
Offering
good programs or business methods can change the tone of your business and that of your dealers in a
positive way. However, good ideas offer no value to you or your
customers without an implementation plan and a positive attitude. Your
implementation plan should include focus groups, dealer development
programs, developing your territory managers and placing them in
consulting roles with your dealers and perhaps most importantly
mentoring and coaching your dealers.
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Focus Groups Provide Direction
Take
some time to explore what is available to help your dealers and
encourage your dealers to participate. Sponsor focus group meetings to
discuss meeting topics and ask your dealers what programs they believe
will benefit them the most. Your equipment manufacturers as well as
local and national trade associations may be a good source for speakers
regarding important and timely subjects. Be sure to concentrate on
business management skills. While technical training is vital to the
success of your dealers, business training is paramount. Soft skills
training will give your contractor customers’ employees a grip on
the importance of keeping customers satisfied.
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Offer Dealer
Development Programs
Involving
your dealers in an advertising campaign is important, but ad campaigns
only make the phone ring. What your dealers do once the phone rings is
critical to their success. Sponsor meetings to bring in speakers that
have a message to tell and a product to offer. Those meetings may be
about how to price for profit, the importance of a phone system with an
on-hold message, an easy to start, easy to use service agreement
program and the value of implementing flat rate pricing in service. The
importance of exposing your dealers to business management skills will
undoubtedly make your dealer much more ready to handle their customers
professionally when your ad campaigns bring business to their doors.
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Territory Business Consultants
Take
a close look at the role your territory managers play in the success of
your dealers. If your TM’s only role is to sell and ship big
boxes, they offer little value to your customers. Position your company
to maintain a strong dealer base by training your TM’s to become
business consultants. Provide them with the skill-set to be the go-to
guy or gal that your dealers rely on for everything about their HVACR
business.
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Become a
Business Coach
Your
dealers have their hands full trying to stay on top of the day to day
challenges in their HVACR businesses. Consequently, your role and
relationship with your dealers is more important now than ever before.
Become a source of knowledge not only on the technical side but also on
the business side for your dealers. Consider your territory managers as
territory business consultants and consider yourself as your
dealers’ mentor. If you play your role properly in your dealer
relationships your customers will never need to ask for your advice, it
will always be right in front of them. Call them regularly, don’t
depend on your sales staff to maintain the relationships that you have
established. Schedule business coaching sessions where you stay
involved in an advisory role on a regular one on one basis or through
conference calls with your dealer network.
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Become a Cheerleader
Everyone
likes to hear an ‘at-a-boy every now and then. Call your dealers
to let them know you’re watching their success. Give your
TM’s the acknowledgement they deserve when they go above and
beyond for your dealers. Be a positive force in your business and
maintain a positive outlook, its contagious!
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Be an Innovator
It was
once said that the best way to predict the future is to create it! The
best way to create a great future is to find great people looking to do
a great job.
When you build relationships where everybody wins, the great people find you and rest falls into place.
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Jim D’Amico and Ken Cederquist are partners in Profit
Strategies, a provider of retail pricing systems for
service and installation for the HVACR and Plumbing trades. Jim is a
former HVAC contractor and is
available at JimD@ProfitStrategies.net
or 800-353-4393. Ken is a former distributor and is available at KenC@ProfitStrategies.net
or 800-808-4586. Their main office line is 888-229-4100. www.ProfitStrategies.net. |