Top Trends for Business Product Dealers and Resellers in 2023

Throughout the years, trends have come and gone, but they always impact how you do business moving forward. Instead of reacting to industry challenges, let us help you be proactive when planning your business strategies with trends that will influence your planning.

• With the move to online shopping, it is more important than ever to have your store accessible via the internet. Ecommerce was magnified by COVID-19 for just about every industry that has brought convenience unprecedented to the modern consumer. While this trend may have come to us years ago, it is only picking up speed.
• As inflation begins making materials more expensive, it is important to have visibility into the resources you already have. Since material prices are rising, it may also be time to raise your prices. From inventory to customer pricing, it is important to have a firm grasp on your company during times of high inflation.
• Work-from-home and hybrid working are changing the dynamics of the workplace. It is not easy for employees to access information once kept in filing cabinets within the office. The move to cloud-based business management solutions is imperative to keeping all employees on the same page while working from varying locations.
• Amazon’s 2021 eCommerce Report found that 85% of business buyers have pushed more of their procurement process online due to COVID-19. Business-to-business eProcurement will become necessary for all business product dealers and resellers looking to work with high-profile accounts.