Distributor Weekly Pandemic Revenue Index (PRI): October 26-October 30, 2020

Written by Mike Emerson on Wednesday, 04 November 2020. Posted in Pandemic Revenue Index

Each week, we’ll be tracking a snapshot of year-over-year distributor revenue with our Pandemic Revenue Index (PRI). We would like to increase the sample size and are asking you to consider helping the industry through these uncertain and unprecedented times. If you are interested, reach out to Mike Emerson, at memerson@ircg.com. The sample size for the week of October 26-October 30 is 13 firms, one more than last week.

IRCG Pandemic Revenue Index Oct 26 30 2020

This week’s index shows a sales decrease of 0.4% versus the same week in 2019. Seven respondents reported increases ranging from 1% to 27%. The range of decreases ranged from 1% to 25% for the remaining six respondents. 

It’s interesting to note how the PRI has tracked with federal GDP data. GDP decreased 9% in the second quarter compared with the same quarter in 2019 per the Bureau of Economic Analysis (BEA) while the PRI averaged a decrease of 10.6%. In the third quarter, GDP was reported to decrease 2.9% while the PRI averaged an increase in 0.1%.  

Thanks for following along with us as we analyze the impact of this pandemic. As we collect more experiences, we will continue to share patterns as they emerge.

About the Author

Mike Emerson

Mike Emerson

Mike Emerson has been a IRCG partner since 2004. Mike joined Indian River in 1998 and has worked with hundreds of distributors and manufacturers of all sizes and within many lines of trade.

As a Partner in the firm, Mike has managed a broad array of projects. His main focus areas include: compensation design, strategy facilitation, market research, and data modeling and analysis.

Mike writes extensively on distributor and marketing channel topics and is frequently quoted on contemporary issues. He has authored four books, published by NAW: What’s Your Plan? Smart Salesforce Compensation in Wholesale Distribution, Working at Cross-Purposes: How Distributors and Manufacturers Can Manage Conflict Successfully, Value Creation Strategies for Wholesaler-Distributors and What’s the Right Plan? Effective Sales Incentive Design for Wholesaler-Distributors. Mike is also a university lecturer on marketing topics.

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