A
company’s channels to market may include a complex mix of partners, including
distributors, resellers, retailers, and e-business ventures. Businesses that
effectively manage these relationships can benefit from increasing channel
sales, participation and increased distribution through building collaborative
business relationships that benefit both parties in the relationship.
Channel
management involves not just getting the products or services to the customer.
Like all elements of marketing and operations, it offers numerous chances to
improve revenue and profitability. It is essential that company ensures a
product or service to be delivered to the end users through the most cost
effective channels, recognise their place within the strategic development of
the business and help to ensure the most valuable channels are supported with
appropriate and controlled incentive programs.
Designing
optimal marketing channel systems, formulating innovative distributions
strategies and managing marketing channel systems effectively is not simple
task. This training will open up your mind to the new thinking and share
experiences to enable you to maximise the effectiveness of your marketing
channels.
The
program will put particular emphasis on how to design channel network and build
long-term relationships based on trust, how to choose the right partner for
your market needs, how to manage channel and benchmarking against best
practices. In addition, you will learn how channel members influence each other
to co-operate as an integrated system in order to successfully out-compete
other marketing channels, how to improve communication with your partners, how
to motivate your channels to bring additional sales opportunities and how to evaluate
performance of your partners. Many will walk away with critical thinking
perspectives required to optimise their competitive advantage.
Key
topics:
-
Optimising the
channels partner strategy to reach your company’s goals and your go-to-market
approach
-
Segmenting your
market and prioritising the partners for optimal channel design
-
Choosing an
optimal channel mix in multi-channels environments
-
Exploring the
innovative compensation programmes for your channels
-
Avoiding and
reducing the channels conflicts
-
Helping your
partners to enhance the relationship with customer and increase ROC (return of
customer)
-
Gaining insights on
other alternative methods to measure channel effectiveness
-
Developing
interpersonal skills of channel/partner/sales managers
-
Understanding the role
of social media to enhance the communication with/between the channels
Key
features
-
Building a
cohesive and effective channel management strategy by strengthening a strategic
partnership based on trust
-
Motivating your
partners to bring additional sales opportunities and maximise revenue
-
Familiarising yourself
with the most recent trends across industries
-
Enabling
your
partners and improving communication with your channels
-
Evaluating
the
performance and efficiency of your channel partners