Page 8 - BOSS Today Issue 26
P. 8

7. Do you know whom        by Angela Anderson and Mark
                                                              your competitors will be   Monte-Colombo, respectively
                                                              tomorrow? They will not be   the Head of Papershop Buying
                                                              other OP companies, but    and Head of Web Trading for
                                                              associated product suppliers   Tesco. Their observations not
                                                              like Bunzl and 3663.       only reaffirmed the large and
                                                                                         growing presence of this retail
                                                              8. What do we do about our   giant in our marketplace (their
                                                              antiquated pricing model?   YTD stationery sales are up
                                                              Distributors have to earn   2.9%) but also of the company’s
                                                              sensible money for the     commitment to developing
                                                              service they provide.      multichannel sales, since Tesco
                                                                                         customers that purchase online
                                                              9. How will increased      make more than double the
                                                              mobility and flexibility affect   instore purchases of other
                                                              your business? A customer’s   customers. They concluded their
                                                              office may be their car or a   presentation by sharing some
                                                              coffee shop.               of the lessons they had learned
                                                                                         from online trading: that 50% of
                                                              10. How open is your       visits to the Tesco online store
                                                              mind for change? History is   were from mobile devices; that
                                                              littered with people who   the online range need not be
                                                              have said “That will never   the same as that held in-store;
                                                              happen to me”!             that good product content
                                                                                         was vital; and – shockingly –
                                                              Mark Cooper, VP Avery Europe   that 69% of their customers
                                                              and Asia Pacific was keen to   searched for stationery using
                                                              re-emphasise the scope and   the incorrect spelling ‘stationary’
                                                              extent of future technological   – and that this needed to be
                                                              change, but warned us not to   accommodated for.
                                                              fall into the equal traps of either   Certainly the most passionate
                                                              believing that none of it was   speaker of the day was Elliot
         1. Why do we keep calling it   4. How much do you know   relevant to us, or that we were   Jacobs, MD of UOE, a smaller
         the office products industry?   about latex? The FM/FS market  all doomed (for example, 77% of  independent dealer and
         Office products only accounts   is another £5bn opportunity,   electronic invoices, he claimed,   member of OFDA, but – like
         for £5bn of the c£15bn    and EVO’s FM/FS sales have   were still being printed out).   Tesco – a multichannel player!
         ‘addressable market’.     increased by 20%pa for the    Instead, Cooper encouraged   Addressing the question “Is
                                   last two years.            us to: move away from talking   There A Future For Resellers?”
         2. What are we going to                              about price; find promotions   Jacobs warned us that while
         do about the antiquated   5. How are you going to do   that add value; engage with   in the past the industry had
         product lifecycle which   what you’ve always done    customers more and ask them   been “pretty good at game
         is based around annual    with more competition and   the right questions in order   changing changes” such as
         catalogues? It takes 18   lower margins? The old model   to collect ‘big data’; strive to   the ‘hub and spoke’ model,
         months to get a product into   of ‘double stockholding’ by   take costs out; find genuine   there was now “a lot of talk in
         a catalogue: some IT products’   wholesalers and dealers is too   product innovation and work to   this industry and not a lot of
         lifecycles are less than that!  costly and has to go.  attract the right people to our   action!” Challenging and plain
                                                              industry. “It’s not the strongest   speaking, Jacobs asked “How
         3. What are you doing     6. What are we doing about   that survive,” he concluded, “but   can I compete without data and
         about technology? This is   the web and Amazon? Dealers  those that are most adaptable.”  flat pricing? Get me good data!
         a market worth c£5bn.     have to build a good web     Following the coffee break we  I can’t afford to take photos of
                                   presence.                  were treated to a presentation   20,000 products! Stop talking



       8  BOSS TODAY | February/March 2015


   Boss Briefing Conference.indd   4                                                                         28/01/2015   14:25
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