Partnership Process to Improve
Sales Channel Performance
Gregg Taragos Phd

Gregg Taragos Ph.D. Org-designs.com
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
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
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
The Partnering Process
Collaboration:
Recommend
Solutions

Manufacturer

Allocate
Resources
Assess and Align
Leadership
Program Design

Guide
Implementation
Measure
Results

Gregg Taragos Ph.D. Org-designs.com
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
Select High Potential Partners

Ability to
Execute
And
Provide
Value

Willingness To Align

Gregg Taragos Ph.D. Org-designs.com
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
Collaboration: Joint Plans
5. Confirm Objectives
and Programs

1.Target Customer
Segments
2. Define Market /
Business Issues
3. Review Channel
Issues
4. Align Objectives
and Strategies

Gregg Taragos Ph.D. Org-designs.com

6. Build Action
Plans & Metrics
7. Communication,
Measurement &
Recognition Plans
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
Implementation







Communication
Training
Measurement
Rewards
Results

Gregg Taragos Ph.D. Org-designs.com
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
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
Gregg Taragos Phd
gregg@org-designs.com
www.org-designs.com

Partnership process to improve sales chanel performance

  • 1.
    Partnership Process toImprove Sales Channel Performance Gregg Taragos Phd Gregg Taragos Ph.D. Org-designs.com
  • 2.
    Sales Channel BusinessIssues 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% ofPartnerships 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
  • 5.
    The Partnering Process Collaboration: Recommend Solutions Manufacturer Allocate Resources Assessand Align Leadership Program Design Guide Implementation Measure Results 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 PotentialPartners 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 Salesand 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
  • 9.
    Collaboration: Joint Plans 5.Confirm Objectives and Programs 1.Target Customer Segments 2. Define Market / Business Issues 3. Review Channel Issues 4. Align Objectives and Strategies Gregg Taragos Ph.D. Org-designs.com 6. Build Action Plans & Metrics 7. Communication, Measurement & Recognition Plans
  • 10.
    Resource Allocation Address CoreChannel 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
  • 11.
  • 12.
    Partner Profile  Fitschannel 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: TrackProgress 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
  • 14.