Is your Partner Relationship Management (PRM) system helping to build partner capabilities, grow partner commitment, and drive measurable revenue? How can you tell if it is working? If you are not generating 5-25%+ growth from your partners, then the first place to look is your PRM system. […]
Read more →Archive for 2017
CAMs Have the Toughest Job in the Industry It is time to officially go on record that CAMs (Channel Account Managers) have the absolute toughest job in the indirect channel industry. Tougher than their bosses, tougher than senior channel sales executives, channel operations, and channel marketing managers. […]
Read more →There are a lot of things a channel VP can do to accelerate revenues, but choosing exactly what to do based on an honest assessment of your channel’s life stage is a great place to start. All channel organizations are at different stages in their development and […]
Read more →The World Trade Organization (WTC) defines the indirect channel as “non-producing businesses that distribute and support the sales of other businesses’ products and services.” The WTC estimates that 70 percent of the world’s economy is sold through these indirect channel businesses. For some reason, there is a […]
Read more →Maybe we don’t realize we are lying when we speak to each other. It is the natural tendency of both parties to make a positive impression, which leads to tall tales of how committed one is to the other. But each side has a clear motive for […]
Read more →Even the most sophisticated, global, multi-billion-dollar annual sales channel organizations make these same basic mistakes over-and-over again. Why do they keep choosing the wrong KPIs (Key Performance Indicators) to select, measure, and track their partner’s performance? They do this because they are choosing the “obvious” metrics that, […]
Read more →It is time to stop crying over spilt milk. The days of traditional enterprise, on premise-only deals with fat margins, are slowly disappearing and there is little sympathy forthcoming from technology vendors. The changes in the IT hardware infrastructure market have been with us for a few years. […]
Read more →Any experienced channel executive knows that a partner’s relationship with your brand changes over time. This is based on a range of factors – a partner’s business priorities, the brand’s fit with the partner’s strategy, and the depth of the relationship between the partner and your organization. […]
Read more →A company’s investment in its partner management team is typically its number one channel expense. This investment includes salaries, bonuses, and related costs for channel sales, channel account management, channel marketing management, and channel operations. The primary purpose of these combined roles is to help partners generate […]
Read more →Most channel executives are familiar with the dreaded question from the company CFO or CEO: What did we get for what we spent in the channel last quarter? Channel budgets have never been under more intense scrutiny, and the need to justify the return on investment of […]
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