Showing posts with label channel management. Show all posts
Showing posts with label channel management. Show all posts

Friday, May 1, 2009

Understanding the channel mindset

As part of the channel management, I was working with the world wide channel for distributing our CAD add-on products. I tried to find out the mindset of the channel so that I can position our products in their mind and motivate them accordingly. There were 3 key reasons which drives them for resellership:

  1. Revenue : Falling short of revenues from the current portfolio and hence a need to generate additional set of revenues.
  2. Entry strategy: Use the add-on product(s) as a door-opener to sell their other products.
  3. Competition: Prevent competitors carrying same / similar products to enter their customer base or enter into competitor base.
So every reseller that I sign up, I figure out their motivation behind selling our product and then work with them accordingly. Many a times, I have asked time directly for the reasons they would like to be a reseller and I have got an answer which coincides with one or more of the reasons above.