4 fundamental elements to grab your channel partners

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Page 1: 4 fundamental elements to grab your channel partners

4 Fundamental Elements to Grab your Channel Partners’ Attention

Time is on the run. And also, it has set everyone running. Every little time that you

find is consumed to connect, engage, read blogs, articles and books, take a survey,

listen to a podcast, view YouTube video, talks or attend a webinar. It not only keeps

you and your channel partner engaged, but also overwhelms you both.

So, how would you attract your channel partners to spend some quality time to

enhance your partnerships? Trust, communication or programs, which one would

work best?

Trust

Like any relationship, ‘Trust’ is the key basis of every personal or professional

connection. This further helps when the changing economy and spends bring in

sudden storm of events. ‘Every human being wants to trust those in close interaction

and wishes the same in reciprocation’ – as stated by behavioral scientist.

Upon sharing work history, you need to establish trust on your partners that they will

sell your products in good faith and at a fair price, ensuring that the end-user has a

quality experience. The channel partner in turn, needs to trust that any information

they share with you will not be used by you to go directly to the end-user and cut

them out of the mix.

Trust is earned and then preserved. Make yourself to be a trust-worthy partner by

being highly professional, completely ethical and respectful of your partners’

situations.

Communication

Make certain to keep any form of communication open, two way and transparent. It

is honesty and frequency that helps to inaugurate a good communication culture. If

you have a channel web portal, hire someone to keep it updated on par with

company standards by uploading new and fresh content continuously that has

actionable meaning for your partners. Then push that content out to your partners.

Just because you build it, doesn’t mean they will come.

When it comes to communicating with channel partners, silence is not golden. It is

up to you in keeping communication positive, ongoing, relevant and usable.

Page 2: 4 fundamental elements to grab your channel partners

Programs

Your partner’s expectation from you to support them with innovative, fresh and

current programs to upkeep their sales and marketing efforts is a given. In today’s

competitive global environment, a ‘one-size fits all’ program strategy is unlikely to

work anymore. Insist on applying idiosyncratic fit methodology to your program

strategy by providing programs that are flexible, so your partners can customize

them to their specific needs.

Plug and play programs are no longer valid. You need to give your partners lots of

leeway to pick what works, discard what doesn’t. Provide a fluid array of choices to

match their individual needs.

Keep it real

It is very noisy and fluctuating in every marketplace. But by establishing trust,

communicating assertively and providing flexible programs, you can inherit, and

more importantly, maintain your channel partners’ attention.