BI plans new product launches for 2019 as it continues on growth path
This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.
Leading supplier Bearings International (BI) has a few product launches planned for Q1 2019, aimed at ensuring sustainability and even stronger growth in the New Year. Despite challenging market conditions, BI continues to focus on its unique value proposition of offering the best international brands at cost-competitive prices.
What continues to distinguish the company in a market where smaller players are driving prices down continuously is its expertise and service levels. This ensure that customers not only receive value-for-money, but the lowest total cost of ownership at the end of the day, newly-appointed BI Sales and Marketing Director Conrad Muller comments.
“We focus on opportunities, and as such the expansion of our product portfolio, together with a highly focused end-user segment business development team, makes for a winning strategy to achieve increased spread of sales to existing clients and establishing new clients,” Muller adds.
As part of this strategy, BI also recently appointed Victor Strobel as Offer Marketing Manager. Strobel is responsible for all of BI’s product managers, with the main goal of consolidating its marketing efforts and ensuring profitable growth. In order to achieve this, Strobel will also work closely with BI’s countrywide network of 49 branches.
“As a market leader, we continuously scan the horizon for new products and services to better serve our market segments. We work closely with our major suppliers to ensure that our marketing strategies are aligned with theirs. We have a few product launches planned for the first quarter of 2019 that will be announced in due course,” Strobel highlights.
“We continue to strengthen our respective business divisions and our partnerships with our valued suppliers,” he highlights. Muller concurs that training, education, and standards development is also a key factor in BI’s value proposition. “It remains the cornerstone of our success in bringing new clients onboard who understand the value we offer as a true partner to their businesses.”
A particular success for BI last year was the development of its Agri-Smart solution aimed at cooperatives in the agricultural industry. Launched at Nampo 2018 at Bothaville in the Free State, Agri-Smart allows BI to be an enabler for cooperatives in remote regions, and thereby support farmers with the best products at a fast turnaround, while maintaining excellent price levels.
“We are working on strengthening our presence in the agricultural sector in the Free State, the Eastern Cape, and the Northern Cape, as well as surrounding Southern African countries,” Strobel reveals. The success of Agri-Smart has showcased BI’s flexibility in adapting to both current market conditions and the specific requirements of its customers.
“With BI’s diverse range of products and services, we managed to maintain our market position in 2018, due to successful cross-pollination of various product offers and services throughout most of Southern Africa,” Strobel points out. Careful market analysis and a focused approach will also see BI grow in Southern Africa in 2019.
Despite the fact that BI is a powerhouse of international brands, Muller stresses that it is not just another supplier. “Our technical expertise, vast coverage network, stock and client-facing specialists differentiates us from the competition. Even though we have an established history and strong reputation, our continuous efforts to deliver exactly what our clients expect, need, and desire keeps us evolving.
We evolve around market conditions, new technologies, improved service offering, and shorter lead times, and ultimately adapt to every unique situation – which is the reality for our customers,” Muller concludes.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation