Partnerships
with major stakeholders like employees, channel partners and management
executives are essential to improve organizations growth and productivity. Performance
of these stakeholders should be on upper hand to achiever sales target. Among
all channel partners contribution is vital for organizations that sells
primarily all products with help of independent partner or associates. For
example, Channel Partner India is also depending on partners to sell products
or services; these are working independently in different regions. There is no
surety that each associate will generate same revenue, few achieve targets or
some still facing problems to convenience customers. In order to attain desired
goals and objectives everyone should work systematically. You can encourage all
partners to generate business by following some strategies like:
Allocation of targets
Targets should
be set as per channel partners ability and efficiency. You should analyse
working capability and then allocate targets accordingly. In this way you can
easily generate good revenue for company.
Training
Indentified
underperforming channel partners asked them to attain training program consistently
to overcome troubles faced during interacting with customers. Training sessions
should be productive and interesting.
Communication
Two-way
communication channel is best to make strong relationship with stakeholders
associate indirectly and directly to company. You can easily provide feedback
to improve performance or associates may share problems faced by them through a
smooth communication channel.
Management system
A central
controlling system should be designed where all database related to channel
partners are maintained. You can use software to provide feedbacks, online
trainings and can fill gap between company and partners. Channel partners are
also given chance to explain their viewpoint.
Incentive program
High productive channel partners should be rewarded
with incentives. Even underperforming partners are also encouraged to generate
great revenues by providing lucrative benefits and profit margins. Allow
channel partners to develop new strategies to increases sales.
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