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Austin 2019 Construction Monthly

Austin 2019 Construction Monthly with information about the Austin 2019 Build Expo

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How Technology Has<br />

Changed<br />

INDUSTRIAL EQUIPMENT SALES<br />

by Dale Harris<br />

www.articlecity.com<br />

OUR WORLD TODAY WOULDN’T BE THE<br />

SAME WITHOUT INDUSTRIAL EQUIPMENT.<br />

EVERY INDUSTRY FACED A CHANGE WHEN<br />

EVERYTHING WENT DIGITAL, AND THE<br />

INDUSTRIAL MARKET IS ONE OF THEM.<br />

Industrial equipment is facing several updates, from the way<br />

customers shop to the rising technology in equipment.<br />

Some digital sales trends mean more responsibility for the company.<br />

Personal interaction can be difficult because more customers<br />

prefer tech-based interaction.<br />

However, there are many benefits. Industrial equipment systems<br />

are more connected to the customers. These systems collect<br />

more data on customers to understand consuming trends.<br />

The LAER Model<br />

Traditional sales haven’t drastically changed. Rather, machinery<br />

is introducing customers to a new buying experience.<br />

What was then ‘make, sell and ship’ is also ‘own, operate, and<br />

get an outcome.’<br />

The best example is taking the classic LAER model. Let’s see<br />

how the LAER model operates under the digital era.<br />

36 CONSTRUCTIONMONTHLY.COM<br />

Land<br />

This first step is the most important, even in the digital era: land<br />

the sale.<br />

Traditionally, performing the land step occurred face-to-face.<br />

This ensured industrial equipment was properly built for the<br />

right customer and for the specific reason of their industry.<br />

Today, this step involves more analytics.<br />

The customer needs to see the products are smart and connected<br />

to prove reliability. When the customers trust in the equipment,<br />

they’re more likely to share their data. This results in a<br />

higher output of sales.<br />

Adopt<br />

You want to be sure your customers are happy with your equipment.<br />

This goal hasn’t changed in the digital world.<br />

Because of this, the emphasis has always been on the products.<br />

This focus includes modernizing and improving products, as well<br />

as training and educating the customer about the equipment.<br />

This focus is still the same today. However, it’s implemented<br />

differently. For example, services such as crane load testing are<br />

available for customer safety and satisfaction. Digitalization<br />

makes this training easy for the modern consumer.

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