Are you making these 14 Channel Marketing Mistakes? - ChannelEyes Webinar

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Are you making these 14 Channel Marketing Mistakes? Jay McBain Co-Founder & CMO

description

It doesn’t come as a surprise to Channel Professionals that things are changing faster than ever across the partner ecosystem. A perfect storm of new technologies, transforming business models, rapidly evolving competition, consumerization and economic forces have fundamentally changed the traditional supplier/partner relationship. Not only are things moving much faster, the relationships have become significantly more complex. Ten years ago, a solid email, portal, phone, advertising and events strategy was all that was needed to communicate effectively to partners and customers. Today we have more than 30 marketing vehicles in play, and the level of noise and clutter is, at times, out of control. Most of us were taught to measure ROI and then focus on the top 2-3 things that drive results. The problem is that these 2-3 things aren’t working the way they used to: Email newsletters aren’t getting opened or clicked thru. Beyond the usual suspects, webinar and tradeshow traffic is dropping. Advertising, whether print or digital is not having the same impact as years ago. Portal traffic is at an all-time low – partners just aren’t coming in the same numbers. While every situation is different – the following 14 Channel Marketing Mistakes are common throughout our industry: Not utilizing new automation tools for Email & Newsletters Too reliant on the Partner Portal for communication Not taking advantage of Communities Too focused on the home run Expecting too much from social Not having or sticking to an editorial calendar Producing too much boring or sales-related content Under-utilizing the media Thinking Direct Mail is too expensive Segmenting Partners into Revenue Tiers Only Expending too much effort on Partner Recruitment Underperforming Tradeshows Renewing tactics year to year without justification Not taking advantage of Mobile

Transcript of Are you making these 14 Channel Marketing Mistakes? - ChannelEyes Webinar

Page 1: Are you making these 14 Channel Marketing Mistakes? - ChannelEyes Webinar

Are you making these 14 Channel Marketing Mistakes?

Jay McBainCo-Founder & CMO

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Executing a Channel Program is NOT an easy job.

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new technologies

new business models

evolving competition

consumerization

economic forces

The Channel Perfect Storm

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Compounding the Issue…

25% of the Channel has no business plan

38% do not set sales or revenue goals

40% fail to make long-term strategic plans

65% lack a sales development plan

According to the forthcoming 2014 Channel Forecast report by The 2112 Group, the

number of new solution providers — resellers, managed services, systems integrators,

large account resellers — has been steadily declining since the dot-com bust.

“ “

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Why do Partners Leave Vendors?

1. (Opportunity) Cost of Membership

2. Constantly Changing Requirements/Benefits

3. Low Margins

4. Insufficient Pre- and Post-Sales Support

5. Lack of Marketing Support

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1. Increased Business Planning with Partners

2. More Lead Generation for Partners

3. Building New Services Offerings

4. Simplifying Programs and Reducing Costs

5. Co-selling with Partners

6. Additional Incentive Opportunities

7. Streamline Training and Certifications

Top 2014 Emphasis for Channel Leaders:

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Not Utilizing Automation Tools for

Email & Newsletters#14

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Too Reliant on the Partner Portal

for Communication#13

95% of Channel

Partners do not

regularly use

vendor portals

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Not Taking Advantage of

Communities#12

What makes them

powerful is the ability

to influence through

the implied

endorsement

of the larger

membership.

““

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Too Focused on the Home Run #11

We are in the attention

economy now, and not

taking advantage of the

different marketing vehicles

across the different community

platforms is suppressing your

impact.

““

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Expecting Too Much from Social #10

Social media is no longer the

“new” platform and has

proven not to be the

utopia that was once

promised.

““

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Not Having or Sticking to an

Editorial Calendar#9

Organizing the avalanche

of information your brand

needs to communicate

over the next 12 months

can be daunting. When

you roll it up into monthly

themes this task becomes

much easier.

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Producing Too Much Boring

or Sales-Related Content#8

Finding your brand voice

and sharing your domain

knowledge with your

partners on a consistent

basis will build trust and

keep them plugged in.

““

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Under-Utilizing Industry Media #7

Getting access to their

community of readers through

co-marketing, sharing your

content, webinars, events and

newsletters can be a very

effective way to reach your

established and prospective

audience.

““

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Thinking Direct Mail is Too Expensive #6

The average age of

Channel professionals has

grown every year since the

1980s and this demographic

tends to prefer face-to-face,

mail and phone calls to

electronic communication.

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Segmenting Partners into

Revenue Tiers Only#5

Newer ways of optimizing

partner programs include

share of wallet, product

specialties, job role and

other behavioral persona

type information.

““

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Expending too much effort on

Partner Recruitment#4

A balanced approach to

Channel management

includes focusing equally

on partner acquisition,

nurturing and growth.

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Underperforming Tradeshows #3

This is an area where a lot of

opportunity (and money) is

wasted by vendors. Not

having a plan covering

pre-show, show-within-the-

show and post-show tactics

as well as defined targets.

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Renewing Tactics Year to Year

Without Justification#2

Channel marketing managers

are famous for the “master

spreadsheet” outlining all of

the approved tactics for the

quarter or year.

““

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Not Taking Advantage of Mobile #1

Over 90% of partners now carry

a smartphone and/or tablet.

61% of these partners report

that they prefer to use the

mobile device as a primary

source of information,

engagement and tools for

business.

““

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The Enterprise Mobile Platform Connecting

Vendors and their Channel Partners.

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Global Recognition of ChannelEyes

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Secure Login for Authorized Partners

Built-in Security Authorization Center

Authorized White-list by domain

Remote Authentication with your

back-end portal or PRM System

[email protected]

************

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Deliver a Personalized Experience

Segment Content Feeds:

Partner Tier Level Country or Language Product line or Program Job Role or Access Level Internal Staff

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• What’s new in your partner portal• Incentives, promotions & rebates• Product news, tech bulletins, specs• Events, webinar, education & training • Competitive updates, battle cards

Taking Partner Communication to a New Level

Send Special Alerts Through Push Notification!

Share…

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• Social Comments on Posts• Community Walls / Q&A• Private Groups• Contact Us Form• Integrates with leading platforms

Drive new levels of Partner Engagement

Two-way Conversations

Live Chat

Community& Groups

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Deal Registration Module Price Calculator / Quotes / Configurator Locator (Product, Place or People) Service Tickets / RMA / Warranty Ad Server Module Gamification / Quizzes / Surveys Integrations with leading platforms

Deploy Tools to Drive Sales, Service & Education

Enable Partners on the go

ACME Inc.

7 Anywhere St.

Chester, United Kingdom

CH1 2HR

Tom Smith

Director of IT

[email protected]

0121 555 1234

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Mobile Channel Marketing is changing the Game

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Chosen by Top Channel Programs

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News Wall

Announcements

Event Calendar

Webinars

Product News

Tech BulletinsIncentives/Promos

Best Practices

Whitepapers

Videos

Competition

Press/Media/Blogs

Newsletter ItemsProgram Benefits

Orders

Order Status

Shipping RatesReturns (RMA)

Warranty StatusBar Code Reader

Product Registration

Sales Tools

Battle Cards

Price Calculator

Request for Quote

Deal Registration

Lead Distribution

Training Videos

Certification Quiz

Product Documents

Partner Locator

Vendor List/Line Card

Product Catalog

Data List / MapCommission Reports

Surveys / QuizzesContest/Loyalty/MDF

Support

Service Tickets

FAQ’s

Contact Us

Private Messaging

Contact List/Country

Product Wish List

Social (FB/TW/LI)

Features

Push Notification

Single Sign-on

Segmentation

Multi-Persona

Multi-language

Card Carousel

Resource Center

Social Syndication

Gamification

Community Board

Conference Events

Ad ServerMarketing Overlay

Forms to EmailSalesforce Integration

Mobile Idea Board

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Let’s Connect…

Find us on the interwebs:

Jay McBainCo-Founder & CMO

[email protected]

518-915-1188

http://channeleyes.com