The Rep Connection

The Rep Connection

By www.manaonline.orgBusinessEntrepreneurshipNon-Profit
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The Rep Connection episodes

  • Harvard Business School - Outsourcing Sales by Charles Cohon

    Entrepreneurial Harvard Business School students often use outsourcing as a tool when they launch new ventures. To explain how the selling function can be outsourced, Harvard Business School invited Manufacturers' Agents National Association (MANA) CEO and President Charles Cohon to speak to its MBA students on how to find, recruit, contract with, and work successfully with independent manufacturers' representatives. Special thanks to: Jodi Gernon, Director, Arthur Rock Center for Entrepreneurship at Harvard Business School, for putting her team on the task of making this event a success, Catherine Cronin, Staff Assistant, Rock Center for Entrepreneurship, Harvard Business School, for her tenacious attention to detail throughout the process, Bob Reiss, Harvard MBA and retired super-rep, for relentlessly encouraging his alma mater to introduce its students to the concept of manufacturers' representatives and for sharing his expertise during the Q&A section of this presentation, and; Dr. Ben Shapiro, Harvard Malcolm P. McNair Professor of Marketing, Emeritus, for joining us and for sharing with our group the advantages of a sales force that is a variable cost instead of a fixed cost.

    1 hr 14 min
  • 021: Peter Zafiro

    Peter Zafiro, General Manager, LinMot USA, Inc. is an experienced hand working with manufacturers' representatives and in this episode of Outsourcing Selling he shares how he views working with reps.

    "I've gone to market with a variety of business models over the years. I've worked with factory direct-only salespeople, hybrids of direct and independent reps and with independent reps only," says Zafiro. "What I've found is that I get the most bang for my buck with reps. Here's why: I've found that reps are simply the most professional salespeople in their territories. They're absolutely dedicated to the sales function in their territory."

    Reps offer faster time-to-market, he adds: "Whenever I've had to hire a direct person for a territory, it takes a while to get them up to speed, sometimes several years. Then when you've done that you can have a problem with maintaining consistency in your sales force. You'll have the normal turnover every year not to mention the occasions when someone's wife decides it's time to move back home. Once that happens, you have to go through the same process all over again. You can spend upwards of three or more putting your sales team together. When you're all done, you're not going to be as productive as you could be with reps."

    For more of Zafiro's insights from his experiences, enjoy this episode of Outsourcing Selling.

    27 min
  • 020: If Your Rep Agreement is a Cadillac Don't Trade It For A Broken-Down Yugo

    Years ago, your principal signed a rep agreement with you that protected your commission earnings, so you invested time and hard work to grow that line. Now your principal wants you to sign a new rep agreement. What should you do?

    In this podcast attorney Randy Gillary shares his recommendations on how to evaluate a principal's proposal to re-write your rep agreement. Principals don't re-write rep agreements because they feel the rep's interests were not sufficiently protected, says Gillary, they do it because they want to reduce the commissions they pay or to terminate the rep without paying post-termination commissions the rep had earned under the terms of the original contract.

    It's a not-uncommon complaint from reps who call Gillary's firm for legal representation, and Gillary's program to address this situation is fascinating listening for any rep. Interestingly, notes Gillary, of all the principals he's had to pursue on this type of matter, none have ever been a MANA manufacturer member.

    13 min
  • 019: Best Practices Interview with First Mfr. on MANA's Board of Directors: Charlie Ingram, Eriez Mfg.

    In this podcast Charlie Ingram, Vice President, Sales and Marketing, Eriez Manufacturing, gives representatives a chance to see themselves as a manufacturer sees them.

    For representatives' benefit, Charlie shares his perspectives on sales reports, rep councils, international sales meetings, manufacturers' recruiting practices to locate and onboard new reps, 50+ year representative relationships, and ways representatives can protect their lines with proactive communication.

    It's a rare opportunity to view representatives through the lens of a manufacturer and a must-listen program for representatives who want to keep their current lines happy and add new lines.

    16 min
  • 018: My biggest principal was just sold. What do I do now?

    Sometimes a new owner makes things better for reps. More often, a new owner eventually challenges legacy reps to prove their value, or even fires all its reps to save on commissions.

    Whether the outcome is positive or not positive, the news that your largest principal is always jarring, and the first thing that comes to reps' minds when that news breaks is "What do I do now?"

    In this podcast, attorney Thomas J. Kammerait of the law firm von Briesen & Roper, s.c. discusses the rights reps retain and the perils reps face when one of their principals undergoes a change of control.

    18 min
  • 017: Women Entrepreneurs – Untapped Rep Talent Pool

    In this podcast the first woman member of MANA's Board of Directors, Michelle Jobst of Jobst Incorporated, Eden Prairie, MN, discusses her recent Agency Sales magazine editorial The Untapped Talent Pool and her own experiences as a woman working in the manufacturers' representative industry since 1994. Opportunities for women, and opportunities to capitalize on the untapped skills of talented woman entrepreneurs are growing, says Jobst, and companies that flourish will not want to miss their chance to include woman-owned representative firms in their sales network.

    15 min

About The Rep Connection

From the publisher's feed

Manufacturers need a sales force on their side, but that doesn't mean that they need a sale force on their payroll. Just as they outsource their legal and accounting functions, many manufacturers now outsource their sales function to highly-professional manufacturers' representative firms.