A frame is a frame is a
frame! Product duplication and repetition abound, and you can purchase frames
from any one of more than 300 suppliers. So how do you decide which vendor, and
how many, to buy from?
� Don�t buy frames. Buy
service, information, integrity, retail strategies and sales support. You�re
not just buying product; you�re forming a business partnership.
� Don�t be influenced
by toaster ovens, watches, tote bags or the �promotion of the day.�
� Decide what�s most
important to you, and select vendors that best meet your needs, both immediate
and future. Be sure to share goals with your sales consultant.
� Streamline your bill
paying and become a �bigger fish in a smaller pond� by limiting the number
of vendors you do business with. Carefully select five to eight major suppliers,
and two or three specialty lines. As a volume customer, you�ll cash in on
larger discounts and extra co-op dollars, save time on numerous sales calls,
avoid duplication and maintain a better control over product mix.
Once you establish business
relationships with your suppliers, create an annual vendor evaluation checklist
to judge and compare their performance. Your board space represents
valuable real estate, and your vendors should earn your business.
Remember, maintaining
business relationships requires honesty, communications, trust and respect.
Don�t be a �promo only� customer, a coupon shopper or a �one-night
stand.� Make a commitment to be a loyal customer and business partner with
your vendors.