NEWS RELEASE June 2018
Predict the Valve Purchases by Each Customer
Valve purchases in 2019 will be $64 billion. Valve manufacturers should consider a marketing program based around specific valve forecasts. Here are the reasons
- Valve purchases in 2019 will be $64 billion.
- Replacement valves and repairs will exceed $50 billion.
- Purchases of valves by companies who are already purchasing valves will be $60 billion.
- This $60 billion market is predictable and the unit forecasts for each purchaser are obtainable.
- Forecasts for each purchaser can cost effectively replace sales leads as the foundation of a market program.
- A change in marketing policies can be slowly implemented.
- A progressive program starts with the low hanging fruit.
- N028 Industrial Valves: World Marketforecasts corporate purchases for the top 200 companies representing 30 percent of the market.
- Forecasts for each purchaser can be provided in excel format for uploading to the CRM system.
A webinar evaluating this opportunity was conducted on June 20. To view the recording click on https://youtu.be/MY7xXhmz-no To access the power points click on http://home.mcilvainecompany.com/images/Valves_Market_Forecast_2018-06-20.pdf