Ready, steady,…go channel! Part 1

Can you tick all the boxes before jumping into the channel?

 

In the last 10 years, waning ICT growth in the enterprise segment has forced most actors to re-examine their routes to market in order to make sure their products and services are available where their prospective customers expect to find Preparing to swim the Channel...them and where the real growth is. Without necessarily taking a “bottom-up” approach, the whole ICT industry has come to the conclusion that it would only be able to access certain segments via an indirect channel. This is because average size companies are buying a lot of ICT products and services but they rely on their channel partners to act as an outsourced ICT department. Certain major IT manufacturers have recently made their “coming out”, confirming a strategy they weren’t necessarily admitting to in the recent past.

 

This short series is built from experience and attempts to list a number of areas you need to have thought about before you jump into the channel.

 

Part 1: Do you have a strategy?

For a start-up business, this is a founding decision and you will be building your whole business model on your route to market strategy. But if you are already selling direct, you need to make sure this fundamental move is not going to unbalance your whole business, resulting in a potential collapse of your overall sales and often causing frustration within your own organisation and amongst your newfound partners and existing customers.

 

  • Why are you making this move?
    • Can you give your prospective partners a good reason for the change?
    • Does everyone in the company understand the reasons?
  • What is your vision?
    • Your new partners will be reassured to see that you actually have one
    • Working with partners requires long term investments on both sides
    • If your potential partners don’t trust you they won’t play

 

Coming soon: What is your plan? 

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One Response to Ready, steady,…go channel! Part 1

  1. accountmaven says:

    I would like to add one point:
    How do you get your channel sales partners up and running quickly, in a way that gains their mindshare?

    See http://www.accountmaven.com

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