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Forrester predicts that about 17 percent of all business-to-business transactions will be performed through self-service ecommerce by 2023, accelerating the decline of reseller partnerships and ushering in a new era of referral partnerships. These are the partnerships you know best from the world of retail marketing.
Distributors take on the logistics of storing, shipping, and sometimes marketing products to retailers and other resellers. More nuanced types of channel partnerships in the partner program include alliance partners and strategic partners. Always test your partnershipstrategy before going all-in.
But here we are 20 years later and the affiliate channel is alive and kicking and generating profitable revenue for thousands of retailers across the globe. It typically doesn’t happen as organically in the affiliate team as I would like, because they’ve already got a job and they’re busy. What would they look like?
Improved customer service, more integration with suppliers and partners, increased sales, and overall businessdevelopment are some of the benefits expected when taking the strategic decision of digital transformation (Agrawal et al., Hummel’s Digital Transformation Toward Omnichannel Retailing: Key Lessons Learned. DOI: [link].
How can you embed VARs into your channel partnershipsstrategy and maximise sales growth with them? Engage SIs in the product development process, leveraging their domain expertise and customer insights to inform feature prioritization and roadmap planning. You need to avoid over-promising or clear expectations at some point.
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