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March 8th, 2012
View the recorded webinar
   including Q&A here.
Logistics for today’s call….

 All attendee’s will be on “silent” mode during the
  presentation.
 Please utilize the “Questions” feature to ask questions;
  simply type in your question and press enter.
 At the conclusion of the presentation, the moderator
  will facilitate the “Question & Answer” session utilizing
  the “Questions” feature.
Sales Benchmark Index will….

 Send a copy of the presentation to you
 Additional questions can be sent directly to:
        drew.zarges@salesbenchmarkindex.com

Join us for our next Webinar….
 “ Lead Generation Inside of Key Accounts”
    Thursday, April 12th, 2012
    1:00 p.m. Central
    30 minutes
    Register at
   www.salesbenchmarkindex.com/webinar-lead-generation-inside-of-key-account
Drew Zarges
 Brief Bio
  • Senior Consultant at Sales
      Benchmark Index
  •   Prior to SBI, Worked as a Sales
      Intermediary for an Investment
      Firm Selling Mutual Funds to
      Brokers and Financial Advisors
  •   Has worked on projects for
      Conoco Phillips, Yahoo!, and
      Epicor
Two Types of Channels

           Direct                       Indirect
 • Field Sales                 • Suppliers
 • Inside Sales (Telesales)    • Value Added Resellers
 • Webpage                     • Wholesaler
 • Direct Mail                 • Distributor
                               • Retailer
Company          Customer      • OEMs

                              Company          ?    Customer
Channel Recruitment Goals
    “I want the Product to be…”




     Fast Growing           Easy to Sell
Channel Recruitment Goals
     “I want my Vendor to be…”

Supportive with Marketing


Generous on Margin
You Don’t Always Need Margin: iPhone
       Fast Growing          Easy to Sell




 Supportive with Marketing    Margin?
3 Steps to Recruiting Partners
Understand Partner’s
Business Model

  Identify Opportunities
  for Improvement

     Develop and Sell Value
     Proposition
1. Analyze Business Model


 Who is their
 Ideal Customer?




                            11
1. Analyze Business Model
      Core Business Strategy?




                                12
1. Analyze Business Model
       Gaps in Current Offering?




                                   13
1. Analyze Business Model
   What is their Primary Focus ?




 Growth       Profit     Productivity


                                   14
Success Metrics: Growth
R e m e m b e r, t h i s i s t h e i r G r o w t h , N o t Yo u r s

• Tr a d i t i o n a l P r o d u c t G r o w t h

• Advertising Spend Increase

• New Customer Reach

• Bundling




                                                                      15
Success Metrics: Profit
Goal: Widen the Conversation to the Entire Business
Case, Stay Away from Strict Margin Requirements

Protection?
• Territory, Industry, Products

Margins?
• Front End Discounts, Back End, Volume Rebates
• Targets and Quotas to Achieve Margin Level

Soft/Marketing Funds?
• Provided Funding, Restrictiveness of Funds


                                                      16
Success Metrics: Productivity
Goal: Bring It Into the Conversation




  Lead          Personnel         Deal
Generation      Assistance     Registration



                                          17
2. Identify Opportunities
• How Can You Help the Partner Achieve Their Objective?
• Can Your Company Fill the Gaps? (Sales Specialists,
  BDR Development training)
• What Value is this to the customer?
Example: Commoditized Product Supplier Receives An RFP

                                   After speaking with distributor,
                                   Channel Manager finds that
                                   shipping is a major issue for
                                   Rush Orders. Channel Manager
                                   proposes Drop Shipping to End
                                   Location and wins the contract.


                                                                 18
3. Develop and Sell Value Proposition




           Whale                        Fish
        Gross Dollars             Gross Margin %
    Contribution Margin              Exclusivity
 Volumes (Up and Cross Sell)   Connect to High Volume
      Return on Assets           Emphasize Growth

                                                    19
Build Marketing Material for Partners
Why Partner with ACME?
ACME and its award-winning solutions power some of the world's most
powerful online brands and enable organizations to have more meaningful
interactions with their customers.

To best leverage our mutual strengths, we offer the following benefits to
our Partners:
• Product Training
• Sales Enablement
• Technical Enablement
• Access to Extranet
• Business Development Support
• Dedicated Channel Support




                                                                          20
Questions and Comments




       Listen to Q&A here.




                             21
Further Interest
                        Distribution Channels:
                        Academic’s Resource for
                        distributors, franchises, and
                        End- User Channel Partners

                        Transforming Your Go-To-
                        Market Strategy: The book to
                        evaluate your current sales
                        strategy and channel
                        methodology



SBI: http://www.salesbenchmarkindex.com/?Tag=Channel+Management+Strategy

Additional Resources: http://www.channelpartnergroup.com/


                                                                           22
Thank You

  View the recorded webinar including Q&A here.

  Additional questions can be sent directly to:
    drew.zarges@salesbenchmarkindex.com


Join us for our next Webinar….
  “ Lead Generation Inside of Key Accounts”
     Thursday, April 12th, 2012
     1:00 p.m. Central
     30 minutes
     Register at:
    www.salesbenchmarkindex.com/webinar-lead-generation-inside-of-key-accounts



                                     Thank-You for attending…

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Gain Access to New Customers by Recruiting Better Channel Partners Webinar

  • 1. March 8th, 2012 View the recorded webinar including Q&A here.
  • 2. Logistics for today’s call….  All attendee’s will be on “silent” mode during the presentation.  Please utilize the “Questions” feature to ask questions; simply type in your question and press enter.  At the conclusion of the presentation, the moderator will facilitate the “Question & Answer” session utilizing the “Questions” feature.
  • 3. Sales Benchmark Index will….  Send a copy of the presentation to you  Additional questions can be sent directly to: drew.zarges@salesbenchmarkindex.com Join us for our next Webinar….  “ Lead Generation Inside of Key Accounts”  Thursday, April 12th, 2012  1:00 p.m. Central  30 minutes  Register at www.salesbenchmarkindex.com/webinar-lead-generation-inside-of-key-account
  • 4. Drew Zarges Brief Bio • Senior Consultant at Sales Benchmark Index • Prior to SBI, Worked as a Sales Intermediary for an Investment Firm Selling Mutual Funds to Brokers and Financial Advisors • Has worked on projects for Conoco Phillips, Yahoo!, and Epicor
  • 5. Two Types of Channels Direct Indirect • Field Sales • Suppliers • Inside Sales (Telesales) • Value Added Resellers • Webpage • Wholesaler • Direct Mail • Distributor • Retailer Company Customer • OEMs Company ? Customer
  • 6.
  • 7. Channel Recruitment Goals “I want the Product to be…” Fast Growing Easy to Sell
  • 8. Channel Recruitment Goals “I want my Vendor to be…” Supportive with Marketing Generous on Margin
  • 9. You Don’t Always Need Margin: iPhone Fast Growing Easy to Sell Supportive with Marketing Margin?
  • 10. 3 Steps to Recruiting Partners Understand Partner’s Business Model Identify Opportunities for Improvement Develop and Sell Value Proposition
  • 11. 1. Analyze Business Model Who is their Ideal Customer? 11
  • 12. 1. Analyze Business Model Core Business Strategy? 12
  • 13. 1. Analyze Business Model Gaps in Current Offering? 13
  • 14. 1. Analyze Business Model What is their Primary Focus ? Growth Profit Productivity 14
  • 15. Success Metrics: Growth R e m e m b e r, t h i s i s t h e i r G r o w t h , N o t Yo u r s • Tr a d i t i o n a l P r o d u c t G r o w t h • Advertising Spend Increase • New Customer Reach • Bundling 15
  • 16. Success Metrics: Profit Goal: Widen the Conversation to the Entire Business Case, Stay Away from Strict Margin Requirements Protection? • Territory, Industry, Products Margins? • Front End Discounts, Back End, Volume Rebates • Targets and Quotas to Achieve Margin Level Soft/Marketing Funds? • Provided Funding, Restrictiveness of Funds 16
  • 17. Success Metrics: Productivity Goal: Bring It Into the Conversation Lead Personnel Deal Generation Assistance Registration 17
  • 18. 2. Identify Opportunities • How Can You Help the Partner Achieve Their Objective? • Can Your Company Fill the Gaps? (Sales Specialists, BDR Development training) • What Value is this to the customer? Example: Commoditized Product Supplier Receives An RFP After speaking with distributor, Channel Manager finds that shipping is a major issue for Rush Orders. Channel Manager proposes Drop Shipping to End Location and wins the contract. 18
  • 19. 3. Develop and Sell Value Proposition Whale Fish Gross Dollars Gross Margin % Contribution Margin Exclusivity Volumes (Up and Cross Sell) Connect to High Volume Return on Assets Emphasize Growth 19
  • 20. Build Marketing Material for Partners Why Partner with ACME? ACME and its award-winning solutions power some of the world's most powerful online brands and enable organizations to have more meaningful interactions with their customers. To best leverage our mutual strengths, we offer the following benefits to our Partners: • Product Training • Sales Enablement • Technical Enablement • Access to Extranet • Business Development Support • Dedicated Channel Support 20
  • 21. Questions and Comments Listen to Q&A here. 21
  • 22. Further Interest Distribution Channels: Academic’s Resource for distributors, franchises, and End- User Channel Partners Transforming Your Go-To- Market Strategy: The book to evaluate your current sales strategy and channel methodology SBI: http://www.salesbenchmarkindex.com/?Tag=Channel+Management+Strategy Additional Resources: http://www.channelpartnergroup.com/ 22
  • 23. Thank You  View the recorded webinar including Q&A here.  Additional questions can be sent directly to: drew.zarges@salesbenchmarkindex.com Join us for our next Webinar….  “ Lead Generation Inside of Key Accounts”  Thursday, April 12th, 2012  1:00 p.m. Central  30 minutes  Register at: www.salesbenchmarkindex.com/webinar-lead-generation-inside-of-key-accounts Thank-You for attending…