This document discusses various topics related to designing and managing integrated marketing channels, including:
- Selecting appropriate channel members and training/motivating them.
- The different types of power or influence companies have over channel members, such as coercive, reward, legitimate, expert, and referent power.
- Evaluating channel member performance and making changes when needed, such as adding or dropping members or developing new ways to sell goods.
- Considering expanding business globally by partnering with international intermediaries.
Selecting and Managing Marketing Channels. What are the reasons to establish a Marketing Channel. What are the types and causes of Channel Conflict and how it can be resolved.
Selecting and Managing Marketing Channels. What are the reasons to establish a Marketing Channel. What are the types and causes of Channel Conflict and how it can be resolved.
How should companies integrate channels and manage channel conflict?Sameer Mathur
It tells about integrated marketing channels and how do companies integrate these channels. Channel conflict is also described and some ways of managing them are discussed.
This matrix that allows a B2B channel manager or sales account manager to map conflicts that occur in channel relationships. Conflicts can be real, imaginary or permanent.
20140716 presentation all channel experience insurance slideshare v1.0Pascal Spelier
On the 16th of July I visited Portugal and presented at two insurance companies. This presentation is about creating an All Channel Experience in the insurance industry based on the building blocks for a digital organization of Capgemini Consulting in cooperation with MIT. The presentation focusses on one of the pillars of the digital model: customer experience. The presentation contains also slides about relevant trends: quantified self, sharing economy, big data, cross channel marketing, mobile, et cetera. Are you interested in the voice over of the presentation or do you want to invite me for presenting this presentation at your organization? Don't hesitate to contact me: pascal.spelier(at)capgemini(dot)com,
Insurance Distribution Conference, 17th Jan 2008Mahavir Chopra
The Presentation was rolled in at the Insurance Distribution Conference at ITC Grand Maratha Sheraton. The presentation provides a detailed note and road map to the beginning of a multi-layered online Insurance distribution channel in India.
The Global Management Challenge (GMC) is the world's number one strategic management & business competition based on simulation. Global enterprises are using GMC as a core tool to apply their training and talent development strategies.
where teams of 3-5 members each, assuming the role of the board of directors, compete against each other by managing virtual companies listed on a simulated Stock Exchange.
The company with the highest investment performance wins.
The Fresh Connection - Simulation based Supply Chain Learning PlatformFrinson Francis
The Fresh Connection is a Web based Business Simulation in the area of Supply Chain Management and Organisation Wide Collaboration used for Experiential Learning. Learn Supply Chain Management, Supply Chain Performance and Analysis, Sales and Operations Planning, Inventory Management, Supply Chain Strategy, Demand Planning, Collaboration, Risk Management in Supply Chains with in-house workshops at your company
Doitmarketing - Great article from Chamber Executive magazine about the ChamberLearning initiative that brings world-class training and speakers to chambers of commerce nationwide.
do it marketing,doit marketing,doitmarketing,marketing coach,marketing speaker
The Global Management Challenge (GMC) is the world's number one strategic management & business competition based on simulation. Global enterprises are using GMC as a core tool to apply their training and talent development strategies.
where teams of 3-5 members each, assuming the role of the board of directors, compete against each other by managing virtual companies listed on a simulated Stock Exchange.
The company with the highest investment performance wins.
Many things can impact channel sales, but there are five core factors that truly matter in driving profitable growth via a network of channel partners.
Lucia Eversley was the guest presenter at the Jun 2010 program meeting hosted by BDPA Boston MetroWest chapter. Her topic was 'Service Delivery Management: Delivering Value to the Business"
Lucia is with The Procter & Gamble (PG) Global Business Management.
Disrupted Links in the Performance Management Process at Omega, I.docxmadlynplamondon
Disrupted Links in the Performance Management Process at “Omega, Inc.”
Omega, Inc., is a small manufacturing company whose sales success or failure rests in the hands of sales representatives employed by franchised dealers operating independently. Omega faces a challenging situation because it does not have control over the people working for the independent dealerships. It is the performance of these individuals that dictates Omega’s sales success. To make things more complicated, until recently there was no clear understanding of the role of the sales representatives and there were no formal sales processes in place. Sales representatives varied greatly in terms of their level of skill and knowledge; most put out little effort beyond taking orders, and they did not feel motivated to make additional sales. Finally, franchises varied greatly regarding their management strategies and follow-up with Omega.
Recently, understanding the need to improve the performance of sales representatives, Omega agreed to partially fund and support a training program for them. The network of franchise owners in turn agreed to work together to implement a performance management system. As a first step in creating the performance management system, the franchise owners conducted a job analysis of the role of the sale representatives, wrote a job description, and distributed it to all sales representatives. The franchise owners also adopted a franchise-wide mission statement based primarily on the need to provide high- quality customer service. This mission statement was posted in all franchise offices, and each franchise owner spoke with his employees about the contribution made by individual sales on achieving their mission. As a second step, the managers set performance goals (i.e., sales quotas) for each employee. Then, all sales representatives attended extensive training sessions. The employees received feedback based on their performance in the training course and then were reminded once again of their sales quotas.
Back on the job, managers gave feedback to their employees regarding their standing in relation to their sales quotas. Since the employees had no way of monitoring their own progress toward their quotas, the performance feedback consisted of little more than a reiteration of monthly sales goals. There was no performance appraisal form in place, so discussions were not documented. This lack of feedback continued, and although sales quotas were being met for the first few months, franchise owners received complaints from customers about the low quality of customer service they were receiving. Subsequently, sales began to decline.
Furthermore, many orders were often incorrect, forcing customers to return items to Omega.
While the new performance management process was an improvement over no performance management (at least initially), the franchise owners were still far from having a system that included a smooth transition between each of the ...
How do we align the emerging Customer Success function with sales and marketing? Here are insights especially for SAAS startups and scaleups. Experts shared their experiences about growing small commercial frontline teams who deliver a great customer journey. Key to aligning commercial frontline are: Shared metrics, systems, and talent. How are you aligning your commercial frontline to the customer journey?
Web, cloud, and other software companies are in the enviable position of having low marginal cost of goods. Despite this highly leveraged model, most software companies think fairly narrowly about their partner strategy, focusing on resellers and strategic alliances. Progressive software companies take a platform approach including a broader view of the partner ecosystem.
The Partner Strategy Framework E-Book walks through a detailed framework for software companies to maximize the value of upstream partners (platform vendors), managed partner alliances, breadth (program-managed) partners, and the developer ecosystem. The purpose is to grow 1) partner loyalty, 2) revenue, and 3) brand goodwill.
http://www.competegy.com
Companies today are more dependent than ever on partners as their extended sales and support teams. For these companies, building and managing a channel ecosystem is critical. This raises the stakes around channel management. It is not enough to seek operational excellence from your partner efforts. You must seek competitive advantage.
Follow five channel management disciplines to make this happen.
How can a company build and manage its product mix and product lines
What decisions do companies face in managing their channels
1. Designing and managing integrated
marketing channels
SHUBHAM VERMA
IIT GUWAHATI
What decisions do companies have to
face in managing their channels?
2. What if some othe outlets of mcdonalds , Shell oil
or Mercedes appeard dirty inefficient and
unpleasant
What if some of the outlets of
mcdonalds , Shell oil or Mercedes
appeared dirty inefficient and
unpleasant ?
4. Microsoft requires its third party service engineers to complete a set of
courses and take certification exams .
Pass students recognised as MICROSOFT CERTIFIED PROFESSIONALS and can
use this designation for their own business
6. Channel Power
Channel power is the ability to
alter channel members’ behaviour
So they take actions they would
not have taken otherwise
7. Different channel powers
• Coercive power – in case of relation
withdrawal
• Reward power – extra benefit
• Legitimate power – contract/SLA ‘s
• Expert power – manufacturer’s expert
knowledge
• Referent power – intermediaries’ reputation
8. Imagine what would happen to company’s reputation if
most of the distributors start leaving them?
10. What if, some of the intermediaries are not work
effectively ? Imagine how it would affect our
business.
What if, some of the intermediaries are not work effectively ?
Imagine how it would affect our business.
12. Would it work if a company uses the same 50 year
old strategy for their business ?
Would it work if a company uses the same
50 year old strategy for their business ?
13. Modifying channel design and arrangements
.
Adding or dropping new channel
members to develop a
completely new way to sell
goods
14. What are your thoughts on going global ?What are your
thoughts on going
GLOBAL ?
16. "These slides were created by
Shubham Verma( IIT Guwahati ) as
part of an internship done under
the guidance of Prof. Sameer
Mathur
(www.IIMInternship.com)"