Join our fishing expedition, a trip to catch the big ones
It may seem hard to believe, but some industry segments are actually flourishing during these tough economic times–together, we’re going to find out just who and where they are.
It’s like a fishing trip; and we are all going fishing for the perfect lead(s).
But before we begin the fishing trip, we need to be reminded to be innovative and adaptable to the environment, if we hope to succeed in landing some good ones.
This exercise is all about us professional sales and marketers sharing valuable information and collectively building a comprehensive large list of businesses & industries that are flourishing during these tough economic times. We’re looking for both industry segments and companies in need of our goods and services.
So by all means, network this Blog to as many professional sales and marketers as possible, as the larger our network the bigger the pond gets. Remember, we are professionals fishing for the perfect lead(s), and to fish for the perfect lead we need to fish where the fish are biting.
Therefore we need to build a list of all the well-stocked rather large ponds of hungry fish.
I am herein beginning this list and am asking all of you to submit and add to this list of industry segments and firms doing well. Once you come to understand that there is business out there, it will be easier for you all to adapt. I have no doubt that this list will reach the four corners of this globe.
List of Industry segments and companies doing well
1. Automotive aftermarket for parts & accessories index is near a new long-term high. The index is made up of companies such as Advanced Auto Parts (AAP), Auto Zone (AZO), and O’Reilly Automotive (ORLY). Industry gurus suppose people are buying replacement parts instead of buying a new car.
2. Grocery store sales are up… restaurants, cafes, and take-out are down. Australian supermarket giant Coles said there had been a sharp increase in sales; Canada’s biggest, Loblaw Companies Ltd., saw its first-quarter profits rise on stronger sales, tighter cost control, and lower interest charges.
Your turn.
Share ThisComments
Chuck,
Thank you for the feedback on my blog - I appreciate it! I have been enjoying your posts as well. I would be happy to talk about opportunities - let me know if you would like to speak by phone.
Best,
Dan
This isn’t a very scientific study, but generally speaking in North America I am seeing reasonable activity and growth with departmental point solutions compared with entire enterprise-wide(ERP)systems. Many companies right now are willing to add value to their existing system with new modules such as a CRM system. Particularly in the SMB market. New ERP sales are continuing to be sluggish right now. Not completely stagnant, but definitley harder to come by than CRM and similar systems that address very specific departmental issues and pain points. So one approach people should look at is how can they offer module solutions that complement an already existing infrastructure rather than trying to replace an entire system. This can then lead to additional sales to those organizations as the economy picks up.
Dollar stores are growing exponentially and just wait till Obama’s public works program kicks in then look at steel and asphalt
Green industries are gearing up. Solar, wind, alternative energy, waste management, etc. Some of the big energy companies are planning and building green products and capabilities.
Plus ya gotta love ORCL. Look at their share price chart for the past year: http://tinyurl.com/caeeqh
I believe the energy sector is a great place to look for opportunities. Dave Stein mentioned green industries, definitely.
I am personally actively involved (from a metal supply perspective) in vast national/provincial grid upgrade projects and new electric transmission projects. Tons of money is being poored in grid upgrade/development by Federal, states and provincial governmens. In Canada, just look at how provincial economic strategies/stimulus revolve around energy - as it should (Qc with LaRomaine & Petie Mecatina, Ontario with the Green Energy Act (http://www.greenenergyact.ca/), Alberta, NewFoundland - at sea oil + Lower Churchill project).
In the US, a lot of the stimulas package money is going for the development of electrical cars (2.4B), smart grid projects (11B) and overall grid upgrade and development (over 100B).
I can think of multiple ways in which software, hardware and services can help facilitate these projects. Creative companies can definitely expect to get their piece of the pie. Utilities have money to spend and they will spend it…
If interested, i have a ton of information on this topic.
Archives
All rights reserved. Reproduction without prior written permission is forbidden.