Previous Page  68 / 84 Next Page
Information
Show Menu
Previous Page 68 / 84 Next Page
Page Background

The key to a successful channel

sales program is to create a mutually

beneficial relationship between you

and your partners that increases profit

margins and adds value to the product

offerings of everyone involved.

These four insights can help

you forge an ironclad channel part-

ner program and build long-lasting

business relationships with your

channel partners.

No. 1: See it from

their POV

One essential practice in a strong

channel program is to consider

things from the other side: instead of

having a mentality of “go out and sell

my product,” you need to understand

your partner’s business.

Understand what your partner’s

value proposition to the end customer

is and then align your solutions with

your partner’s portfolio. Otherwise,

you’re trying to fit a square peg into

a round hole – as much as you may

strive to give your partners everything

they need to be successful, unless

you align with what they bring to the

marketplace, the strategy is not a

revenue-generating one.

This does not necessarily mean

you need to create an individual,

granular plan for each partner you

work with, but you can build pro-

grams geared toward supporting the

types of partners in a few key ways.

Messaging is an important part

of this. You must understand your

partner’s messaging and target your

own message in a way that accentuates

your partner’s portfolio, thereby al-

lowing the partner to strengthen its

value proposition to its

customers. No

. 2: Add value

through support

Your channel partner is your cus-

tomer, and you need to serve your cus-

tomer in a way that allows the partner to

be successful with its own customers.

Ensure your products seam-

lessly integrate with those of your

partner’s solution set. The partner

should be able to see that distribut-

ing your product strengthens and

enhances its own value proposition to

its customers. However, while quality

products are vital to a channel part-

ner program, a partner also needs

to feel confident that a supplier can

support it in other ways as well. In

fact, a 2016 Vision Solutions partner-

ship survey found that more than half

(55 percent) of respondents said the

reason they had chosen their current

partners was because of support.

Therefore, you need to build a busi-

ness case around other ways in which

a partner would want to work with you.

While you must show that you can

make the partner more profitable, you

also must demonstrate that you can

give the partner the resources it needs

to be successful, such as technical

training, marketing development, tar-

geted campaigns for customers, sales

support and expertise in the field.

No. 3: Understand the

customer’s customer

When building out a structured

channel sales program, bear in

mind your partners’ go-to-market

strategies and how they serve their

customers. This will help you build

systems that allow your partners to

deliver your products effectively.

For example, when Vision Solu-

tions, a software-as-a-service (SaaS),

disaster recovery and migration ser-

vices provider,

partners with global sys- tems integrators

(SI), we understand

the SI will have different needs from a

product delivery standpoint than a re-

gional solutions provider, although the

core elements of partner training and

enablement will be the same.

To illustrate, the SI might need to

deliver our services to customers in

highly regulated industries, such as

the financial industry. For us to get

software licenses to that kind of end

By

Chris

Clearly

Mutually Beneficial

How to make yourself indispensable to your channel partners

Reasons for Becoming Channel Partner

Product quality

69%

Quality support

55%

Training, sales/technical

9%

Source: Vision Solutions survey

IT Executives Who Consider Each Core

to Their Businesses

High availability disaster recovery

73%

Virtualization

62%

Data migration

45%

Date sharing

25%

Source: Vision Solutions survey

channel

MANAGEMENT

68

CHANNEL

VISION

|

July - August 2016