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We'll explore various subtopics, including channelstrategy development, partner recruitment, and onboarding, channel sales performance optimization, and more. By mastering these concepts, you'll be well-equipped to build and maintain a successfulchannel management strategy.
Most channel leaders understand the inherent benefits of partner planning. At the fundamental level, partner planning is setting your channelstrategy – who is your ideal partner, and which partner tactics will help you best serve your customers. Define your growth strategies for each desired business outcome.
In our first Channel Chat episode, The Spur Group's CMO, Richard Flynn , (virtually) sits down with Baptie & Co. CEO, Rod Baptie, to discuss the building blocks of cultivating a successfulchannelstrategy.
Channel Mechanics’ CEO Kenneth Fox was joined by Sunny Song , Director Channel Operations at SentinelOne and Margaret Fetting , ChannelStrategy, North & Latin America with Zebra Technologies. Together they have come up with 6 top tips for running a successful incentives program. Measure Results.
Channel incentives programs should assign dedicated personnel to manage their program. Channel incentives programs should automate their program. 6 Steps to Create a SuccessfulChannel Incentives Program Our last roundup blog covered best practices for a successfulchannel incentives program.
In our first Channel Chat episode, The Spur Group's CMO, Richard Flynn , (virtually) sits down with Baptie & Co. CEO, Rod Baptie, to discuss the building blocks of cultivating a successfulchannelstrategy.
In our first Channel Chat episode, The Spur Group's CMO, Richard Flynn , (virtually) sits down with Baptie & Co. CEO, Rod Baptie, to discuss the building blocks of cultivating a successfulchannelstrategy.
Channel incentive programs should incentivize roles beyond partner salespeople. Channel Incentive programs should incentivize pre-sale and post-sale activities. An effective channel incentives program is a core element of a thriving partner ecosystem and ensures high-quality channel management.
Most channel leaders understand the inherent benefits of partner planning. At the fundamental level, partner planning is setting your channelstrategy – who is your ideal partner, and which partner tactics will help you best serve your customers. Define your growth strategies for each desired business outcome.
While the majority of successfulchannel programs include some form of Market Development Funds (MDF), how these programs are funded, the activities they support, their alignment with channel and company strategy, their payment methods and the levels of support required, can vary greatly. . Time: 8am PT/11am ET/ 4pm BST.
Many channel partners work with multiple vendors and have access to numerous products or services. A successfulchannel program has many elements that work together. So how can you build relationships to stand out from the crowd? Imagine having a product or service ready to launch on a large scale.
This blog attempts to take that one step further by defining how to apply these commitment development practices to your channelstrategy and program. And, how more committed partnerships generate greater levels of revenue contribution from your channel. The model for successfulchannel partnerships has changed.
We'll explore various subtopics, including channelstrategy development, partner recruitment, and onboarding, channel sales performance optimization, and more. By mastering these concepts, you'll be well-equipped to build and maintain a successfulchannel management strategy.
Diligently follow the seven steps highlighted above while avoiding three common mistakes : building a channel before you have a channelstrategy, not investing in great supporting content, and treating your channel partner sales reps like employees.
But there was a universal truth from the Singer channel development experience. Key Lesson from the Singer ChannelStrategy: A supported, enabled, effective, and profitable channel will far outsell a direct-only sales strategy. Or perhaps this was a different time and a different set of circumstances.
In our latest Channel Chat, The Spur Group's CMO, Richard Flynn, (virtually) sat down with the CEO of Baptie, Rod Baptie, discuss the building blocks of cultivating a successfulChannelstrategy.
Understanding Channel Marketing Channel marketing is a strategic approach where businesses promote and sell their products or services through various distribution channels instead of directly to consumers. These channels might include wholesalers, retailers, distributors, value-added resellers (VARs), and agents.
This episode is a must-listen for mid-market companies looking to thrive through robust channelstrategies. This level of enablement helps mid-market companies create partners who understand the product and are enthusiastic about promoting it, thus driving greater overall success.
With access to key metrics like sales revenue, conversion rates, customer acquisition costs, and channel-specific profitability, you gain valuable insights into the effectiveness of your channelstrategies.
For mid-market companies, building a successfulchannelsuccessstrategy is a critical differentiator that enables growth, competitive advantage, and sustainable partnerships. Mid-market companies should update training materials and provide ongoing workshops or webinars as products evolve.
Best practice 1: show your channel partners you’ve done the homework - show them a plan. Getting feedback from channel partners. Analyze & outperform competitor’s channel programs. Plan your channelstrategy locally. Go after the channel partners you want. Plan your channelstrategy locally.
Over the years, I have seen channel programs crash and burn due to a lack of competency, goal alignment and execution passion on the part of channel sales managers. The takeaway here is that a longer-term approach is critical for channel sales managers who want to overcome the constant fires that tend to dominate their workday.
Mapping out a channelstrategy: how it impacts the success of the channel. Channel-friendly products. Attracting channel partners. Planning for a successfulchannel: the biggest misconception. Operating a channel is not complicated once it has been established. Aired on May 10, 2022.
Regardless, channel partner programs are a proven, excellent source of revenue and market growth; however, like everything else, they bring new risks, complexities, and operational challenges and often fail with poor execution. Are you fully committed and staffed for partner/channel GTM execution? Do your key stakeholders (e.g.,
6 Channel Management Best Practices Necessary for SuccessChannel programs can often be a gateway to untapped revenue, with channel sales making up 75 percent of global commerce. Aryaka Networks Thompson agrees, Its critical to have alignment with channelstrategy at the executive level.
Have a channelstrategy from the beginning. Channel partner training and alignment across the partner organization. What should channel partners do to maintain a mutually beneficial relationship? Running a successfulchannel program. Kathleen Phillips’ background in channel sales. Conclusion.
Highly customizable platform, enabling vendors to tailor the deal registration process to align with their unique channelstrategies. This competitive advantage can be a critical factor in driving long-term success in the channel.
From managing partner relationships to ensuring consistent branding and messaging, companies face numerous obstacles that can impede successsuccessfulchannel marketing strategy. In this blog post, we’ll explore the most common challenges in B2B channel marketing and offer strategies to overcome them.
How to Get Started with Channel Partnerships Initiating a channel partnership program is a multi-faceted process that requires careful planning and execution. The key takeaway is that successfulchannel partnerships are built on a foundation of alignment, communication, and mutual benefit.
After all, the productivity of the partners determines the success of the channel. This is where a well-tuned partner relationship management (PRM) software or system can truly help an organization realize its channelstrategy and business goals. and functions, e.g., marketing, sales, technical, etc.
Secret #1: Build strong relationships with your channel partners. Secret #2: Have a winning channelstrategy. Select partners who are aligned with your channelstrategy. How to build the foundation for success with partners. Agreeing upon a single measure of success.
Our Channel Budgeting and Marketing Brain Trust To help you with your budgeting for 2022, we interviewed eleven channel marketing pros to provide some tips to help you along the way, including advisers to many channel companies and proven leaders inside companies with successfulchannel operations today.
Channel reporting also delivers mission-critical data to channel partners, serving both motivational and relationship-building goals. Dashboards can be leveraged for channelstrategy and tactics and meet the needs of many roles in your organization.
Half of those say channel partners will be involved in at least 30% of their Marketplace transactions in the coming year. However, over a third of respondents said they are not clear how Marketplace fits into their existing channelstrategy. So Who Owns It?
Half of those say channel partners will be involved in at least 30% of their Marketplace transactions in the coming year. However, over a third of respondents said they are not clear how Marketplace fits into their existing channelstrategy. So Who Owns It?
Half of those say channel partners will be involved in at least 30% of their Marketplace transactions in the coming year. However, over a third of respondents said they are not clear how Marketplace fits into their existing channelstrategy. So Who Owns It?
Channelstrategies today require tools that extend beyond basic management capabilities. Next-gen PRM solutions introduce advanced features and technologies that fundamentally reshape how businesses engage with and manage their channel partners. Next-gen PRM is an essential component of a successfulchannelstrategy in 2025.
Jeff’s extensive experience building successfulchannel programs alongside his deep understanding of IT partner ecosystems make him the perfect fit for NetAlly as we enter our next phase of growth and begin to move up-market into the enterprise through our valued channel partners,” said Mike Parrottino, CEO at NetAlly.
For demand-generation marketers, juggling multi-channelstrategies can feel like riding a blindfolded unicycleLinkedIn ads here, email campaigns there, and endless platforms demanding attention. Better understanding of the customer journey Multi-channelstrategies reveal how platforms work together to drive conversions.
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