Distributor Wire & Cable Company releases their top 5 suggestions for beating the recession.
(1888PressRelease) March 21, 2009 - In today’s declining economy, it can be a daunting task to simply maintain your market share. However Distributor Wire & Cable, a Colorado company exclusively supporting electrical wholesale distribution, continues to grow despite the worsening domestic and world economy.
Distributor Wire & Cable’s President, Bryce Huett, shares their companys top 5 ways to not only help your business stay afloat, but to increase revenue in these challenging economic times.
1. Embrace Change – What worked last year, or even last month, may not be the best solution for your customer today
2. Automation Through Technology – Invest more into your order management and inventory software to eliminate extra salaries and unnecessary overhead
3. Identify Your Niche –Strong niche markets mean more loyal customers at higher margins
4. Lead With Service – Your products are the vehicle you use to make money but your service is what will separate your business in a struggling market
5. Stay In The Trenches – Fight to procure every opportunity no matter how big or small
“Your core values should not change but you must have a willingness to re-invent your business in slower economic times. If you don’t, you will find yourself losing traction to competitors or possibly not surviving,” commented Bryce.
In order to survive in todays economic climate many manufacturers, distributors, and end users have had to change the way they do business. Although layoffs and cut backs have swept the wire and cable industry, Distributor Wire & Cable has grown in excess of 30% each month while still reporting over three million dollars in sales. They attribute the bulk of this success to their company’s ability to evolve in this ever changing market.
Distributor Wire & Cable is a master stocking distributor of all types of electrical wire and cable with value added services. To learn more about their products, services and people, call 888-439-2947 or visit www.distributorwire.com.
Distributor Wire & Cable Company releases their top 5 suggestions for beating the recession. 
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