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Convert your event from live to virtual and double meeting attendance in 6 weeks. Dawn Tiura, CEO & President at Sourcing Industry Group, a membership association of over 400 Global 1000 companies…representing an annual spend of $11 Trillion, shared her success in converting her live meeting to virtual in 6 weeks. With only 19 employees, […].
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As an event planner during this time of the pandemic, most in-person meetings have likely been postponed for the foreseeable future and we’re all anxious for events to return. It’s likely for those first meetings, you’ll need to schedule venues and plan remotely. For us at Alliances Management, this is business as usual as we […]. The post Plan Events Effectively While Working Remotely appeared first on Alliances Management Consulting.
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A widespread problem with a partner channel is lower than expected revenue growth or inconsistent returns from your partners. In cases like this, the culprit may be what you are doing or not doing to enable your partners success. Ultimately, your job as a channel leader is to create an environment where your partners are motivated to work to your strategic goals, and enabled in a way that will make them successful.
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A widespread problem with a partner channel is lower than expected revenue growth or inconsistent returns from your partners. In cases like this, the culprit may be what you are doing or not doing to enable your partners success. Ultimately, your job as a channel leader is to create an environment where your partners are motivated to work to your strategic goals, and enabled in a way that will make them successful.
Published by TIDWIT Inc. at June 2, 2020. An interview with Norma Watenpaugh, CEO & Founding Principal, Phoenix Consulting Group. Q: You have been involved with the channel and emerging ecosystems for some time. How has the concept of partnership evolved over the past several years? NW: I would not say the concept of partnership has evolved so much as a recognition of how partnerships extend and enhance the business has evolved, especially with respect to channels.
Making training available to everyone will cultivate a strong, capable labor pool while showing empathy to partners and their families. By Larry Walsh and Anonymous. Introduction by Larry Walsh. At the height of the pandemic, a friend and colleague penned this piece about the value of extending training and enablement resources to everyone. The big idea: Enablement shouldn’t end with employment and vendors can help themselves by providing access to training and learning to former, furloughed, an
Don’t let your partners be a one-hit wonder. Too many partners stop by your program, throw a lead out the window and go back to their work — only to drop off the next lead to your competitors. Don’t let this happen to your channel program. Create loyal partners and get them revenue-ready by giving them the right experience with the proper journey built out specifically for them.
Do you keep telling yourself that if the right person heard your business pitch, you'd be successful? If so, join a line of others who feel the exact same way. How do you ensure the right decision maker hears your pitch and responds to it effectively? Unfortunately, there is no magic formula, but an elevator pitch is a great start. An elevator pitch is a quick, but effective, sales pitch used to garner interest in your business or brand.
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By Neal Patel. Managing Director, Capital Alliance, and Energy Infrastructure Specialist, Oaklins. Three unprecedented events coincided to dramatically impact both supply and demand in energy markets worldwide. Middle-market oil and gas companies are feeling the pain. Yet we believe energy markets will rebound, depending on the answers to several key questions.
I participated in a panel discussion not too long ago with a colleague that has a local marketing firm. We were addressing a specific industry group about marketing and business development tactics and how they’ve changed during the pandemic. We talked a lot about adjusting your marketing tactics, going virtual with events, building your relationships with COI’s but then one common theme we both kept coming back to was planning.
To label or not to label: When might labels cause more harm than good? Manipulated photos and videos flood our fragmented, polluted, and increasingly automated information ecosystem, from a synthetically generated “deepfake,” to the far more common problem of older images resurfacing and being shared with a different context. While research is still limited, there is some empirical support to show visuals tend to be both more memorable and more widely shared than text-only posts, heightening the
Build your partner planning framework. Partner planning aims to have the right quantity of products in the right places at the right times to satisfy customer demand in an efficient, cost-effective manner. While the concept seems elementary on the surface, the complexity arises once you dig deeper. A channel leader must review their partner plan to ensure the strategy aligns with the company’s desired business outcomes.
The tech world is crowded. And that means the stakes for channel management have never been higher. How do you cut through the noise? Are SPIFFs, business plans, and marketing development funds really worth it? Get real-world, boots-on-the-ground insight into what it takes to build a partner relationship management motion that attracts, trains, retains, and motivates the right partners.
The essential first step to partner recruiting is to strengthen your partner business proposition. The partner business proposition is the value the channel receives from selling your company’s products and solutions. Forming a strong partner business proposition is a key part of improving your channel recruitment. You are probably familiar with the concept of a value proposition — the compelling statement detailing the value of a product or service relative to the competition.
Every channel leader faces the same core problem — how do I use limited resources, programs, and people to best influence partners and meet my business objectives? A robust partner scoring method helps you understand partner strengths and weaknesses and increase return on each one. Partner scoring helps you: Manage your portfolio of partners. Best select who to manage.
Channel partner incentives are often the largest single channel management spend for many channel leaders today and they raise a myriad of challenges. The first challenge is the pressure from the finance executives to meet cost of sales objectives that limit your ability to invest, even when it seems to make sense. Second is pressure from the product teams to create incentives that help new products expand, scale existing products or keep a legacy product relevant in the market longer.
Over the past several weeks, we’ve focused on the key pre-engagement stages of shaping your partner channel, which we’ve bucketed into four key steps: Determining the needs of your channel. Creating a truly effective value proposition. Developing a targeted approach to find the partners your channel needs. Profiling your partners effectively to recruit more effectively.
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Effective channel management is all about driving customer wins, managing channel sales, and building market coverage. As a channel leader, it is your role to ensure you plan effectively to have the right number of partners in the right places to drive the right results. Having a useful partner capacity planning model is a critical tool for making that happen.
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