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RiskMitigation: By selling to distributors, vendors mitigaterisks related to direct sales, such as fluctuating demand and inventory management. These partnerships are usually long-term and involve significant collaboration.
This comprehensive guide explores the key elements of creating a successful partnership strategy, including key statistics, actionable business development plans, challenges, opportunities, and real-life examples. However, the journey to successful strategicpartnerships for businesses is not without its challenges.
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