Partnership process to improve sales chanel performance
1. Partnership Process to Improve
Sales Channel Performance
Gregg Taragos Phd
Gregg Taragos Ph.D. Org-designs.com
2. Sales Channel Business Issues
Increase Profits
Identify customer preferences that will drive profits.
Price products to equate cost and value
Increase efficiency of partners (field sales and dealers)
Grow Revenue
Align strategies at every level throughout channel
Cross-sell, up-sell and build customer relationships
Ensure partners have the right capabilities
Gregg Taragos Ph.D. Org-designs.com
3. Profitable Partnerships
Key Characteristics:
Common View on Strategic Issues
Aligned Competencies
Joint Business Activities with High ROI
Ability to Manage Ongoing Relationship
Gregg Taragos Ph.D. Org-designs.com
4. Over 40% of Partnerships Fail !
High Priority Reasons For Failure:
52 %
Mismatched strategy and operations
Partner lacks competencies
48 %
Mismatch of partner culture
Lack of trust
Gregg Taragos Ph.D. Org-designs.com
6. Alignment
Leadership Commitment
Goal Clarity
Apply Assessment Data
Define Partner Selection Criteria
Select and Certify High Potential Partners
Use Data to Build “Straw Model” Programs
Determine Potential ROI
Gregg Taragos Ph.D. Org-designs.com
7. Select High Potential Partners
Ability to
Execute
And
Provide
Value
Willingness To Align
Gregg Taragos Ph.D. Org-designs.com
8. Collaboration: Program Design
S
T
R
A
W
Marketing
Support
Channel
Development
M
O
D
E
L
S
Sales and
Service
Training
& Development
•Partner Selection and Retention
•Co-operative Marketing
•Marketing Funds
•Partner Acquisition
•Partner Incentive System
•Pricing and Programs
•Delivery and Service
•Database and Web Support
•Certification Process
•Training Programs
•Product Development
Gregg Taragos Ph.D. Org-designs.com
10. Resource Allocation
Address Core Channel Issues:
Partner Selection and Evaluation
Training and Development
Marketing Support Programs
Sales and Incentives Programs
Delivery and Service Programs
Gregg Taragos Ph.D. Org-designs.com
12. Partner Profile
Fits channel strategy and structure
Relevant customer base
Recognized brand and major player
Sales competencies and skills
Supports a development culture
Financially sound with reliable history
Gregg Taragos Ph.D. Org-designs.com
13. Measure Results: Track Progress
Goals
Communications
Training
Marketing
Sales
Performance Center Architecture
Channel
Initiatives To Drive
Desired Results
•
Main
Incentive
Programs
Knowledge
Center
• National Sales Contests
• Travel Destinations
• Awards Album
• Regional Contests
• Sales Awareness Tools
• Certifications
• Education / Training
• Interactive Challenges
• White papers
• Case studies
• Best Practices
Program
Communications
• Program News
• Performance
Statements
• Program E-mail
• Frequently Asked
Questions
• Contact Us
Recognition
Performance
Feedback
• Annual Awards
• Monthly / Quarterly
Awards
• Manager Discretionary
(Vis-A-Vis)
• Peer-to-Peer
nominations /ThanQs
• Activity Reports
- Web site
- E-mail metrics
• Activity Statements
• Standing / Rankings
• Region / Area roll ups
• Programanalytics
Integrated Program
Database
• Real-time activity
• Performance data
• Management summaries
• Overall ProgramAnalytics
Increased
Awareness
Performance
Metrics
Motorola
Internet
Higher Levels of
Participation
Customer Elements
• Sales Dashboard
• “SuperTours
”
• Customer resources
- White papers
- Guides
- Case studies
•Activity Based
•Results Based
Participant
Database
Data
Goal Setting &
Achievement
Collaboration &
Teamwork
Gregg Taragos Ph.D. Org-designs.com
Sales
Results