Channel partners have generated revenue growth opportunities

Channel partner play substantial role in taking the business to new heights of success.  There has been tremendous growth observed in Indian markets over last few years. In tier 2 and tier 3 cities you can easily expand business by building extensive network of channel partners. In order to increase revenues several multinational organizations have recognised importance of channel partner programs. The Indian industrial sectors are fastest growing and have earned lots of popularity globally. There are various modern-day technology equipments that help to establish network of channel partners across India and also around world.

1.     Develop online mobile app

In today’s competitive landscape, channel partners don’t continuously read updates on business by logging in web portal. A mobile app is one of the easiest ways to connect with channel partners. It is also quick and inexpensive technique to share important information in limited time period.

2.     Online applications  

Most number of people use online applications installed on mobile phones. You should design effective online application to solve queries of channel partners and also to give them valuable feedbacks.

3.     Training support

For example, your channel partners are present in distant locations and you want to give essential training so that revenue can increase. You can give training through online videos.

4.     KPI – Key performance indicators are essential to measure individuals’ growth.  You can develop online tools to check channel partner performance.

Channel partners can also help companies in creating better customer experiences. Due to increasing competition in Indian markets it is quite expensive to set up new offices in different locations. On the other hand if you recruit channel partner then all expenses will handle by that partner.  The launch of new partners in competitive markets ensures high growth rate and profitability. Multinational corporations focused mainly on latest technology based tools to simplify business systems and process.