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INTRODUCTION
What could your channel accomplish if you could make it easier for
your Partners to market and sell your product or service?
While the answer to that may seem obvious, arriving at the answer
for making marketing and sales easier for Partners is far less obvious.
Especially in today’s world, where marketing and sales requires
technical inputs to supplement each of these processes.
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Why should we be concerned about the Solution Providers?
If you’re in the same situation as most manufacturers, it’s likely that
you have a small group of your Partners that are returning most of
your revenues. In fact, on average, 20% of a manufacturer’s solution
providers drive 70% of channel revenue.
How did they get there? One of the major reasons is that the top
20% have a high enough level of marketing sophistication, backed by Demand Generation is Increasingly Important to Partners
devoted resources, and they generally don’t need too much additional
help. But that doesn’t mean you can’t further facilitate their program. 6%
And what about the remaining 80%? They tend to require more of
your energy – more time, more assistance, more training and more
enablement – in order to reach their sales goal.
More
Important
45%
How do you help that top 20% better track and hone their marketing As
Important
while helping the 80% market themselves and your products like the
big guys?
Less
Important
And what happens if a Partner shifts to focus on a different product 49%
Source: IPED2010
or starts a relationship with a competitor?
As you may have experienced, it’s becoming more and more difficult
45%
to ensure Partner loyalty. Partners think first of what their end-users’
needs are, but that’s closely followed by consideration of which
products are the easiest to sell.
of Solution Providers say that Demand
Generation will be more important in 2010.
More specifically, Partners want to sell what makes them
look good. The products they know the most about in technical
terms, as well as those products they can more easily generate leads
63% of Solution Provider’s organizations
don’t have marketing staff.
and opportunities for, will be the ones they include in their offerings.
“It’s not about investing more, but getting
the biggest return on investment.”
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Enabling Partners in Today’s Channel Landscape
So how do you make your Partners more loyal? By making your
products and services easier to showcase and market. Your channel
Partners are the ones that are customer-facing. They’re your touch
points to your customers and end-users.
58%
marketing and selling your products and services as
easy as possible. Of course, this doesn’t just help them.
By allowing them to make the most effective impression
each time they touch a customer, you’re affecting your
” - the largest percentage – of
own bottom line. surveyed Partners declared that their
Nowadays, online marketplaces are a major part of how own company’s website was the most
Solution Providers need to showcase their – translation, important marketing activity used in
helping to promote their business to
your – products or services to their customers. Product
and service descriptions, information, photos and videos,
and other educational marketing collateral are being
accessed more frequently online than they did five years
their customers.”
ago.
A recent survey shows that Solution Providers find their Source: Everything Channel 2010
own websites critical to their daily marketing activities and customer
touch points.
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Call-to-Action
Your Partners’ success translates directly into your success. Helping them
helps you.
You must enable those Partners who don’t have the capabilities to maximize
their sales opportunities on their own. Remember, partners are more likely
to sell products that make them look good. By enabling Partners to promote
your joint-value proposition you are increasing the likelihood they’ll sell your
products first and more often. Increasing the level of professionalism in their
marketing campaign would do just that.
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The Resource Hole
Having recognized that the majority of your Partners are resource-
constrained, both in terms of personnel and budget, how does that
translate into the online marketplace?
Solution Provider’s time is spent selling to current customers and 111 domains and 2,554 pages
in March 2009, according
providing consulting and services to recurring customers. Existing
customers account for 72% or all of channel Partner revenues, while
first-time purchasers only account for 28%. This leaves little time to Nielsen Online. Given the
reach of search, it’s highly
allocated to prospecting and building their pipeline.
Just as inhibiting is the general trend of having technically-oriented likely that many of those
visits - especially to brand
Solution Providers that often have underdeveloped marketing
knowledge or skills. For them, there’s a tendency to continue nurturing
the business elements that are familiar and easily-identifiable, and sites - came from search
rather than direct traffic.
devote limited resources to the elements that are less familiar or
– worse yet – unidentifiable. If search engine optimization (SEO),
multi-touch campaigns, or best practices for website content are not
obvious areas to focus efforts, they end up as missed opportunities.
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Website Woes…..
IT product marketing is happening in online marketplaces. Yet, many
Partners have limited web marketing resources.
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….And Marketing Woes
By definition, Solution Providers sell multiple products – servers,
storage, software – from multiple vendors.
2010 Midmarket
reason for Partners to ignore updating vendors’ product content on
their websites.
IT Spend Forecast=
$279B
In terms of branding consistency, messaging and content integrity,
the landscape is chaotic at best. It’s difficult to ensure that Solution
Providers – with multiple vendors and inadequate tools - will be
able to uniformly and repeatedly communicate their joint-value in North America*
proposition and messaging appropriately to the customer. Again,
these are often the only touch points to the small or mid-market
customer that vendors will have! *Source: Gartner
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SYNDICATION: SOLVING YOUR WEB WOES
Managing an online marketplace doesn’t have to be so difficult for
your Partners.
How Does Syndication Help?
Syndication allows specific product and multi-media content to
• Immediate Promotional Exposure
be pulled directly from vendors — either via their websites or a
• Real-Time Lead Generation
content library — and syndicated to Partners’ websites. Any updates
to content from vendors will be automatically updated on Partners’ • Search Engine Optimization
sites and Partners can easily pick and choose which products and • Multi-Media Delivery
services are displayed. • Analytics & Metrics Capabilities
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Marketing Automation: Solving your marketing woes
Once you’ve helped your Partners develop their online channel, why
not help them market that channel as well?
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Customers don’t have to be so hard to reach
End-customers rarely engage after single-touch exposures to
products or services, while tools such as caller ID and spam filters
have made it harder and harder to reach prospects.
And let’s not kid ourselves, prospects have become jaded, they’re
tired of being constantly sold to and pitched. Cold calling is a tactic
of the past, as end-customers are bombarded by messaging on a daily
– hourly! – basis, and it takes more effort, more time and a more
valuable offer to get a prospect’s attention.
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Case Study – Solving HP’s Pain Points
HP is the world’s largest technology company, with thousands of
channel Partners worldwide. Their Partners were primarily using
face-to-face sales models, leaving them little time for online sales, and
HP was getting consistent feedback from them that they needed help
with their online marketplaces. In one HP Partner’s words,
• How could they make it easy for Partners to get the content
to tell that story in a simple and concise way, and keep that
content up-to-date?
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Marketing Automation and Syndication as the Solution
To solve these business issues, HP implemented an end-to-end, syndication and marketing automation
system, which delivers content to Partners, keeps it current and updated, and tracks results.
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Conclusion
Marketing Automation and Syndication are powerful tools to provide to your Partners, making it easier
for them to market and sell your product or service, which benefits you in the short- and long-term.
Your end-customer can only be reached through Partners – they’re your only touch points. Giving
them the most effective way to package your product and service information for these end-customers
is not only helpful, it’s crucial to your own bottom line, especially in a time when the technical aspects
of sales and marketing are increasing rapidly, risking underperformance by many of your Partners if they
aren’t given the means to make this process easier.
In doing so, you’ll develop stronger partnerships, streamline information flow, and increase opportunities
for multi-touch campaigns and co-marketing.
What could your channel accomplish if you could make it easier for your Partners to market and sell
your product or service?
With these tools, you can get one step closer to an answer. . .
Josh Gibbs
Assistant Director of Marketing and Social Media
Everything Channel
(E) joshua.gibbs@ec.ubm.com
(T) 919-573-6985
Miriam Kutcher
Vice President, Marketing
Everything Channel
(E) miriam.kutcher@ec.ubm.com
(T) 508-416-1162
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