MHEDA Journal Article discusses 2010 money making strategies.
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Press Release Summary:
First Quarter 2010 issue of The MHEDA Journal features Annual Industry Forecast, wherein 50 material handling equipment distributors discuss money making strategies. Advice includes making it easy for customers to find your company, spending time to build relationships with them, and improving internal procedures. Furthermore, companies may opt to sell added value of distribution, concentrate on the aftermarket, or restructure business development teams.
Original Press Release:
Material Handling Distributors Forecast 2010
Forklift, conveyor and pallet rack dealers anticipate a rebound this year.
Dewitt, NY - The First Quarter 2010 issue of The MHEDA Journal (http://www.themhedajournal.org), the leading online magazine for the forklift, conveyor, storage & handling, and general material handling equipment industries, was mailed to subscribers on January 15 and is now accessible online at www.TheMhedaJournal.org.
The highlight of this issue, as it is in the First Quarter issue every year, is the Annual Industry Forecast. This year, 50 distributors of material handling equipment from all over the country discussed their strategies to make money in 2010. After struggling through an industry-wide downturn in 2009, distributors are ready to move forward again in 2010. Of those interviewed, 68% expect sales to rise, while 28% anticipate level sales . Only 4% think sales will decrease further. Among storage & handling distributors, 73% predict a sales increase, while 71% of industrial truck dealers and 50% of engineered systems do. Three-quarters of distributors with a diverse product mix expect increases.
The 10 strategies distributors give to make money in 2010:
For a full explanation of these 10 strategies, read "10 Ways To Make Money in 2010" in the First Quarter issue of The MHEDA Journal. The full text is available at: www.themhedajournal.org/content/1q10/Distributor_Forecast.php. For more information, contact Chris Powers, editor, (315) 445-2347, e-mail: chris@datakey.org.
About MHEDA
Founded in 1954, the Material Handling Equipment Distributors Association (MHEDA) is the premier source for manufacturing knowledge, education and networking. Through its member journals (www.TheMhedaJournal.org), e-magazines, newsletters and industry wiki (www.wikimheda.org), MHEDA connects the manufacturers of storage and handling, lift trucks and conveyor equipment and distribution leaders for the purpose of delivering optimal solutions to the users of those products. MHEDA publications are the industry's voice for all matters related to the latest technology and the most up-to-date processes spanning the movement and storage of all materials. A 501(c)3 organization, MHEDA members span all of North America.
