Channel marketing (CM) is the name of the process given to organisations working together to get their products or services to the customer or the end user. It is a very effective form of marketing and enables companies and businesses to break into markets that they otherwise may not be able to. Each part of the chain takes a profit, so it provides a “win, win” situation for all. Channel management is necessary when this type of arrangement is being carried out. This is sometimes also called partner management.
It is possible to enlist the help of an outside marketing company to set up channel marketing or partner marketing for your business. There are three key steps that need to be carried out in order to achieve successful results and a good return. The first step is to identify possible partners. The partners could be in a number of areas from distributors, resellers, ISVs or systems integrators. Once a clear picture has been gained as to who might work best as marketing partners to your business, they must be approached. With agreements in place and costs worked out there may be some additional partner training needed so that knowledge can be shared and the necessary information passed on. If you have not carried out this type of marketing activity before, it is a good idea to seek the help of experts who can help steer the process and ensure that partners are found and deals are completed.
If you want to maximise returns and ensure that your marketing campaigns such as channel marketing are being handled professionally then a marketing company can help. Handling this in house can lead to excess work loads, stress and even more importantly success cannot be guaranteed. Securing marketing partners can sometimes be quite a difficult process. To give yourself the best chance of success and ensure you get the best deals, letting a professional marketing company handle it is the best idea. They will act as the brokers and for a small fee will provide their expertise, experience, contacts and professionalism in this area.
Often channel marketing is used for the sale of products, but it is not completely unknown for it to be used for the distribution of products. It is particularly successful for smaller companies who don’t necessarily have the resources to expand into other markets or broaden their service offerings. There is no doubt that channel marketing can reap big returns for companies all over the world.
If you are interested in this idea or keen to to find out more about this arrangement and how it could help your business then you should contact a professional marketing company who are able to handle this from start to finish. To make sure you only work with the very best in the business you should ensure the company you choose has testimonials to vouch for their services. Make sure the website is professional and ask to read some case studies of previous projects. Once you have found the marketing company you want to work with you can begin discussing how to approach channel marketing. Although it is important to have your say, the marketing company are professionals with a wealth of experience in this area and so it is always a good idea to listen to their ideas and follow their advice.
Channel marketing is very effective at gaining more customers and expanding your business. From perceptual mapping of possible to partners through to partner management, a professional marketing company are well placed to make channel marketing a success. Make sure you find the best by requesting information such as an email marketing guide and viewing case studies and testimonials. This will help you make the right decision about who to work with.