SlideShare uma empresa Scribd logo
1 de 18
14 Channel Marketing Mistakes
A Channel Partners Slide Show

*List courtesy ChannelEyes co-founder and CMO, Jay McBain
About the List
It doesn’t come as a surprise to channel professionals that things are changing faster than ever across
the partner ecosystem. A perfect storm of new technologies, transforming business models, rapidly
evolving competition, consumerization and economic forces have fundamentally changed the
traditional supplier/partner relationship. Not only are things moving much faster, the relationships
have become significantly more complex. Ten years ago, a solid email, portal, phone, advertising and
events strategy was all that was needed to communicate effectively to partners and customers. Today
we have more than 30 marketing vehicles in play, and the level of noise and clutter is, at times, out of
control. Most of us were taught to measure ROI and then focus on the top two or three things that
drive results. The problem is that these two or three things aren’t working the way they used to:
Email newsletters aren’t getting opened or clicked through.
Beyond the usual suspects, Webinar and trade-show traffic are dropping.
• Advertising, whether print or digital, is not having the same impact as years ago.
• Portal traffic is at an all-time low – partners just aren’t coming in the same numbers.
While every situation is different – the following 14 Channel Marketing Mistakes are common
throughout our industry.
http://channeleyes.com/are-you-making-these-14-channel-marketing-mistakes
1. Not Utilizing New Automation Tools
for Email and Newsletters
The recent surge in marketing automation
popularity has not yet worked its way into
channel communication. The ability to set
automatic triggers based on a partner’s
behavior results in a new level of insight.
Scoring each individual partner based on
their actions can improve future
communication and content to be more
relevant and focused. The win here is
implementing a drip campaign across the
channel catering to each person based on
where they are in the marketing/sales
funnel.
2. Too Reliant on the Partner Portal
for Communication
Surveys completed in the past six months
show that 95 percent of partners do not
regularly use partner portals. In fact,
unless they are forced to log in for deal
registration or mandatory education to
keep their status, many partners do not
come at all. Channel marketing and
communication has increasingly become a
push versus a pull exercise.
3. Not Taking Advantage of Communities
The partner ecosystem is large and diverse, with
dozens of different specialties, business models
and types. There are many sub-communities that
have formed to serve these differences. These take
the form of associations, online forums, social
media, media groups, vendor and distributor
groups, user and peer groups. Communities tend
to be more focused and specialized and have
people that support each other with common
interests and challenges. What makes them
powerful is the ability to influence through the
implied endorsement of the larger membership. In
many cases, participation is the only cost of entry.
4. Too Focused on the Home Run
Channel marketing has become a game of
singles. The “dandelion” approach to
marketing relies on distributing multiple
seeds across as many flowers as possible.
We are in the attention economy now, and
not taking advantage of the different
marketing vehicles across the different
community platforms is suppressing your
impact. Spend less time thinking up the
“next big campaign” and more time
executing in more places.
5. Expecting Too Much from Social
Social media is no longer the “new”
platform and has proven not to be the
utopia that was once promised. That being
said, social is very important and is a core
platform for communicating with the
channel. It is a place to amplify content,
handle real-time conversations and extend
branding and promotion. Running an
optimal mix of five to six social platforms as
part of the 30 overall vehicles is key. Social
media will provide a number of singles for
your brand – never aim for the fences or you
will strike out.
6. Not Having or Sticking to
an Editorial Calendar

Having a pre-published editorial calendar is not just
for the media. Organizing the avalanche of
information your brand needs to communicate over
the next 12 months can be daunting. When you roll
it up into monthly themes this task becomes much
easier. Depending on the size of your organization,
this can be weekly or quarterly as well – timing is
less important than a solid plan. All of the 30+
marketing vehicles roll out of the theme each cycle.
For example, the press release can be the basis for
the blog which turns into a Webinar. These three
assets provide the content for social posts for the
time period as well as customizing events, videos
and incentives.
7. Producing Too Much Boring or
Sales-Related Content
Content marketing is becoming one of the
most important tools for recruiting and
nurturing your channel. Finding your brand
voice and sharing your domain knowledge
with your partners on a consistent basis will
build trust and keep them plugged in.
When combined with No. 6 (sticking to an
editorial calendar), a solid piece of content
will amplify itself across numerous
channels and give multiple ways to
repurpose throughout the time period.
8. Underutilizing the Media
Some vendors look at the media as a source of
advertising and not much else. Over the past
number of years, industry media have been
forced to expand their offerings and deliver
more value to their readers and sponsors.
Getting access to their community of readers
through co-marketing, sharing your updates
and content, Webinars, events and
newsletters can be a very effective way to
reach your established and prospective
audience. It can be surprisingly cost-effective
as well with the right level of negotiation,
time commitment and bundling.
9. Thinking Direct Mail Is Too Expensive
Most companies have abandoned direct mail over
the past few years as the number of marketing
vehicles have exploded. Depending on the size of
your Channel, sending physical mail to partners can
be a cost effective way to connect. Keep in mind
the average age of Channel professionals has grown
every year since the 1980s and this demographic
tends to prefer face-to-face, mail and phone calls to
electronic communication. Sending out unique sales
kits can be done for only a few dollars per partner
(or prospect) and may cost less than attending a
tradeshow. Plus, you can achieve a high open rate
and your competitors are likely not doing it.
10. Segmenting Partners Into
Revenue Tiers Only
You have likely learned in your channel career
that segmentation is key to running a good
program. While that is still true, many
segmentation models are very limited and don’t
categorize important attributes of strong
partners. Newer ways of optimizing partner
programs include share of wallet, product
specialties, job role and other behavioral
persona-type information. Being able to target
individual employees in each partner company
based on their interests, behaviors and
requirements to support your brand should be
the goal of every channel marketer.
11. Expending Too Much Effort on
Partner Recruitment

A balanced approach to channel
management includes focusing
equally on partner acquisition,
nurturing and growth. The
messaging and tactics are very
different for these three stages and
a non-personalized newsletter and
portal experience isn’t optimal.
12. Underperforming Trade Shows
This is an area where a lot of opportunity (and money)
is wasted by vendors and distributors. Some of the
common errors include:
• paying for platinum status without getting much
more than a logo on a page in return
• paying for a breakfast/lunch/party and getting small
signage that no one notices
• thinking that booth hours are where the real action
happens when it usually happens in the hallways and
the hotel lobby bar late at night
• not having a plan covering pre-show, show-withinthe-show and post-show tactics
• spending too much money on trinkets and giveaways
• not having a visible leader in your business that can
seek out the media and develop strategic partnerships
13. Renewing Tactics Year to Year
Without Justification
Channel marketing managers are famous for the
“master spreadsheet” outlining all of the
approved tactics for the quarter or year. In most
cases, 80 percent of the budget is already spent
on renewing previously run activities. Back to the
dandelion approach in No. 4 (too focused on the
home run), one of the questions to ask on each
line item is “what if I spent 50 percent of the cost,
would I still get 90 percent of the benefit?” This is
true for most event planning, advertising and comarketing activities. Opening up some room in
the budget will allow for testing of new tactics,
platforms, communities and initiatives.
14. Not Taking Advantage of Mobile
Some dramatic changes have happened in
the past couple of years in the channel. More
than 90 percent of partners now carry a
smartphone and/or tablet. Sixty-one percent
of these partners report that they prefer to
use the mobile device as a primary source of
information, engagement and tools for
business. With over half of all Internet traffic
now coming from mobile devices, many
channel vendors and distributors do not have
a viable platform to leverage and grab a
competitive advantage.
About the Author
Jay McBain is the co-founder and CMO of ChannelEyes
– a channel mobile app platform. The core product,
ChannelCandy, is a custom-branded and secure mobile
app designed for vendors, distributors and associations
to deliver channel highlights, company news and sales
tools into the hands of partners. It is reinventing
channel communication for leading companies in the
industry. ChannelCandy runs on iPhone, iPad, Android
as well as all mobile Web-enabled platforms such as
BlackBerry, Windows and the PC Web Browser. Learn
more at www.channeleyes.com.
Thank you for viewing 14 Channel
Marketing Mistakes
Visit www.channelpartnersonline.com to view our extensive library of on-demand
slide shows and other resources.

*List courtesy ChannelEyes co-founder and CMO, Jay McBain

Mais conteúdo relacionado

Mais de Jay McBain

Top 10 Emerging Technologies Ranked - CompTIA Communities
Top 10 Emerging Technologies Ranked - CompTIA CommunitiesTop 10 Emerging Technologies Ranked - CompTIA Communities
Top 10 Emerging Technologies Ranked - CompTIA CommunitiesJay McBain
 
Deal Registration - Channel Chiefs Council Webinar - Jay McBain - Dec 2016
Deal Registration - Channel Chiefs Council Webinar - Jay McBain - Dec 2016Deal Registration - Channel Chiefs Council Webinar - Jay McBain - Dec 2016
Deal Registration - Channel Chiefs Council Webinar - Jay McBain - Dec 2016Jay McBain
 
Future IT Channel and Alliances Trends
Future IT Channel and Alliances TrendsFuture IT Channel and Alliances Trends
Future IT Channel and Alliances TrendsJay McBain
 
How to Become a Best in Class Cloud Provider - Ingram Cloud Summit 2016
How to Become a Best in Class Cloud Provider - Ingram Cloud Summit 2016How to Become a Best in Class Cloud Provider - Ingram Cloud Summit 2016
How to Become a Best in Class Cloud Provider - Ingram Cloud Summit 2016Jay McBain
 
Association of Strategic Alliance Professionals (ASAP) - Five Future Channel ...
Association of Strategic Alliance Professionals (ASAP) - Five Future Channel ...Association of Strategic Alliance Professionals (ASAP) - Five Future Channel ...
Association of Strategic Alliance Professionals (ASAP) - Five Future Channel ...Jay McBain
 
Managing Indirect Channels - Webinar for ASAP Association
Managing Indirect Channels - Webinar for ASAP AssociationManaging Indirect Channels - Webinar for ASAP Association
Managing Indirect Channels - Webinar for ASAP AssociationJay McBain
 
ChannelEyes Mobile-first Candy Platform
ChannelEyes Mobile-first Candy PlatformChannelEyes Mobile-first Candy Platform
ChannelEyes Mobile-first Candy PlatformJay McBain
 
ChannelEyes Introduces OPTYX - The First Sales Workflow Product for Channel A...
ChannelEyes Introduces OPTYX - The First Sales Workflow Product for Channel A...ChannelEyes Introduces OPTYX - The First Sales Workflow Product for Channel A...
ChannelEyes Introduces OPTYX - The First Sales Workflow Product for Channel A...Jay McBain
 
RPI Startup Conference - Keynote
RPI Startup Conference - KeynoteRPI Startup Conference - Keynote
RPI Startup Conference - KeynoteJay McBain
 
Infographic: Guide to Technology Tradeshows
Infographic: Guide to Technology TradeshowsInfographic: Guide to Technology Tradeshows
Infographic: Guide to Technology TradeshowsJay McBain
 
Are you making these 14 Channel Marketing Mistakes? - ChannelEyes Webinar
Are you making these 14 Channel Marketing Mistakes? - ChannelEyes WebinarAre you making these 14 Channel Marketing Mistakes? - ChannelEyes Webinar
Are you making these 14 Channel Marketing Mistakes? - ChannelEyes WebinarJay McBain
 
How Disruptive Technologies Drive Innovation in the Channel
How Disruptive Technologies Drive Innovation in the ChannelHow Disruptive Technologies Drive Innovation in the Channel
How Disruptive Technologies Drive Innovation in the ChannelJay McBain
 
ChannelEyes Technical Whitepaper
ChannelEyes Technical WhitepaperChannelEyes Technical Whitepaper
ChannelEyes Technical WhitepaperJay McBain
 
ChannelCandy Whitepaper
ChannelCandy WhitepaperChannelCandy Whitepaper
ChannelCandy WhitepaperJay McBain
 
The Cloud and Mobility Pivot - How MSPs can retool for the next 5 years
The Cloud and Mobility Pivot - How MSPs can retool for the next 5 yearsThe Cloud and Mobility Pivot - How MSPs can retool for the next 5 years
The Cloud and Mobility Pivot - How MSPs can retool for the next 5 yearsJay McBain
 
ChannelEyes - the single place to follow the Channel
ChannelEyes - the single place to follow the ChannelChannelEyes - the single place to follow the Channel
ChannelEyes - the single place to follow the ChannelJay McBain
 
ChannelCandy - Mobile Branded App for IT Channel Vendors
ChannelCandy - Mobile Branded App for IT Channel VendorsChannelCandy - Mobile Branded App for IT Channel Vendors
ChannelCandy - Mobile Branded App for IT Channel VendorsJay McBain
 
BYOD, BYOA and Consumerization
BYOD, BYOA and ConsumerizationBYOD, BYOA and Consumerization
BYOD, BYOA and ConsumerizationJay McBain
 
The Channel Cloud Opportunity
The Channel Cloud OpportunityThe Channel Cloud Opportunity
The Channel Cloud OpportunityJay McBain
 
The Future of BYOD, BYOA and Consumerization
The Future of BYOD, BYOA and ConsumerizationThe Future of BYOD, BYOA and Consumerization
The Future of BYOD, BYOA and ConsumerizationJay McBain
 

Mais de Jay McBain (20)

Top 10 Emerging Technologies Ranked - CompTIA Communities
Top 10 Emerging Technologies Ranked - CompTIA CommunitiesTop 10 Emerging Technologies Ranked - CompTIA Communities
Top 10 Emerging Technologies Ranked - CompTIA Communities
 
Deal Registration - Channel Chiefs Council Webinar - Jay McBain - Dec 2016
Deal Registration - Channel Chiefs Council Webinar - Jay McBain - Dec 2016Deal Registration - Channel Chiefs Council Webinar - Jay McBain - Dec 2016
Deal Registration - Channel Chiefs Council Webinar - Jay McBain - Dec 2016
 
Future IT Channel and Alliances Trends
Future IT Channel and Alliances TrendsFuture IT Channel and Alliances Trends
Future IT Channel and Alliances Trends
 
How to Become a Best in Class Cloud Provider - Ingram Cloud Summit 2016
How to Become a Best in Class Cloud Provider - Ingram Cloud Summit 2016How to Become a Best in Class Cloud Provider - Ingram Cloud Summit 2016
How to Become a Best in Class Cloud Provider - Ingram Cloud Summit 2016
 
Association of Strategic Alliance Professionals (ASAP) - Five Future Channel ...
Association of Strategic Alliance Professionals (ASAP) - Five Future Channel ...Association of Strategic Alliance Professionals (ASAP) - Five Future Channel ...
Association of Strategic Alliance Professionals (ASAP) - Five Future Channel ...
 
Managing Indirect Channels - Webinar for ASAP Association
Managing Indirect Channels - Webinar for ASAP AssociationManaging Indirect Channels - Webinar for ASAP Association
Managing Indirect Channels - Webinar for ASAP Association
 
ChannelEyes Mobile-first Candy Platform
ChannelEyes Mobile-first Candy PlatformChannelEyes Mobile-first Candy Platform
ChannelEyes Mobile-first Candy Platform
 
ChannelEyes Introduces OPTYX - The First Sales Workflow Product for Channel A...
ChannelEyes Introduces OPTYX - The First Sales Workflow Product for Channel A...ChannelEyes Introduces OPTYX - The First Sales Workflow Product for Channel A...
ChannelEyes Introduces OPTYX - The First Sales Workflow Product for Channel A...
 
RPI Startup Conference - Keynote
RPI Startup Conference - KeynoteRPI Startup Conference - Keynote
RPI Startup Conference - Keynote
 
Infographic: Guide to Technology Tradeshows
Infographic: Guide to Technology TradeshowsInfographic: Guide to Technology Tradeshows
Infographic: Guide to Technology Tradeshows
 
Are you making these 14 Channel Marketing Mistakes? - ChannelEyes Webinar
Are you making these 14 Channel Marketing Mistakes? - ChannelEyes WebinarAre you making these 14 Channel Marketing Mistakes? - ChannelEyes Webinar
Are you making these 14 Channel Marketing Mistakes? - ChannelEyes Webinar
 
How Disruptive Technologies Drive Innovation in the Channel
How Disruptive Technologies Drive Innovation in the ChannelHow Disruptive Technologies Drive Innovation in the Channel
How Disruptive Technologies Drive Innovation in the Channel
 
ChannelEyes Technical Whitepaper
ChannelEyes Technical WhitepaperChannelEyes Technical Whitepaper
ChannelEyes Technical Whitepaper
 
ChannelCandy Whitepaper
ChannelCandy WhitepaperChannelCandy Whitepaper
ChannelCandy Whitepaper
 
The Cloud and Mobility Pivot - How MSPs can retool for the next 5 years
The Cloud and Mobility Pivot - How MSPs can retool for the next 5 yearsThe Cloud and Mobility Pivot - How MSPs can retool for the next 5 years
The Cloud and Mobility Pivot - How MSPs can retool for the next 5 years
 
ChannelEyes - the single place to follow the Channel
ChannelEyes - the single place to follow the ChannelChannelEyes - the single place to follow the Channel
ChannelEyes - the single place to follow the Channel
 
ChannelCandy - Mobile Branded App for IT Channel Vendors
ChannelCandy - Mobile Branded App for IT Channel VendorsChannelCandy - Mobile Branded App for IT Channel Vendors
ChannelCandy - Mobile Branded App for IT Channel Vendors
 
BYOD, BYOA and Consumerization
BYOD, BYOA and ConsumerizationBYOD, BYOA and Consumerization
BYOD, BYOA and Consumerization
 
The Channel Cloud Opportunity
The Channel Cloud OpportunityThe Channel Cloud Opportunity
The Channel Cloud Opportunity
 
The Future of BYOD, BYOA and Consumerization
The Future of BYOD, BYOA and ConsumerizationThe Future of BYOD, BYOA and Consumerization
The Future of BYOD, BYOA and Consumerization
 

Último

Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...Operational Excellence Consulting
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
Types of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdfTypes of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdfASGITConsulting
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAScathy664059
 
Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesAurelien Domont, MBA
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingrajputmeenakshi733
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers referencessuser2c065e
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckHajeJanKamps
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...ssuserf63bd7
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverseSiemens
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxShruti Mittal
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesDoe Paoro
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...Hector Del Castillo, CPM, CPMM
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 

Último (20)

Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
Types of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdfTypes of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdf
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAS
 
Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and Templates
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketing
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers reference
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deck
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverse
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptx
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic Experiences
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 

Are you making these 14 Channel Marketing Mistakes?

  • 1. 14 Channel Marketing Mistakes A Channel Partners Slide Show *List courtesy ChannelEyes co-founder and CMO, Jay McBain
  • 2. About the List It doesn’t come as a surprise to channel professionals that things are changing faster than ever across the partner ecosystem. A perfect storm of new technologies, transforming business models, rapidly evolving competition, consumerization and economic forces have fundamentally changed the traditional supplier/partner relationship. Not only are things moving much faster, the relationships have become significantly more complex. Ten years ago, a solid email, portal, phone, advertising and events strategy was all that was needed to communicate effectively to partners and customers. Today we have more than 30 marketing vehicles in play, and the level of noise and clutter is, at times, out of control. Most of us were taught to measure ROI and then focus on the top two or three things that drive results. The problem is that these two or three things aren’t working the way they used to: Email newsletters aren’t getting opened or clicked through. Beyond the usual suspects, Webinar and trade-show traffic are dropping. • Advertising, whether print or digital, is not having the same impact as years ago. • Portal traffic is at an all-time low – partners just aren’t coming in the same numbers. While every situation is different – the following 14 Channel Marketing Mistakes are common throughout our industry. http://channeleyes.com/are-you-making-these-14-channel-marketing-mistakes
  • 3. 1. Not Utilizing New Automation Tools for Email and Newsletters The recent surge in marketing automation popularity has not yet worked its way into channel communication. The ability to set automatic triggers based on a partner’s behavior results in a new level of insight. Scoring each individual partner based on their actions can improve future communication and content to be more relevant and focused. The win here is implementing a drip campaign across the channel catering to each person based on where they are in the marketing/sales funnel.
  • 4. 2. Too Reliant on the Partner Portal for Communication Surveys completed in the past six months show that 95 percent of partners do not regularly use partner portals. In fact, unless they are forced to log in for deal registration or mandatory education to keep their status, many partners do not come at all. Channel marketing and communication has increasingly become a push versus a pull exercise.
  • 5. 3. Not Taking Advantage of Communities The partner ecosystem is large and diverse, with dozens of different specialties, business models and types. There are many sub-communities that have formed to serve these differences. These take the form of associations, online forums, social media, media groups, vendor and distributor groups, user and peer groups. Communities tend to be more focused and specialized and have people that support each other with common interests and challenges. What makes them powerful is the ability to influence through the implied endorsement of the larger membership. In many cases, participation is the only cost of entry.
  • 6. 4. Too Focused on the Home Run Channel marketing has become a game of singles. The “dandelion” approach to marketing relies on distributing multiple seeds across as many flowers as possible. We are in the attention economy now, and not taking advantage of the different marketing vehicles across the different community platforms is suppressing your impact. Spend less time thinking up the “next big campaign” and more time executing in more places.
  • 7. 5. Expecting Too Much from Social Social media is no longer the “new” platform and has proven not to be the utopia that was once promised. That being said, social is very important and is a core platform for communicating with the channel. It is a place to amplify content, handle real-time conversations and extend branding and promotion. Running an optimal mix of five to six social platforms as part of the 30 overall vehicles is key. Social media will provide a number of singles for your brand – never aim for the fences or you will strike out.
  • 8. 6. Not Having or Sticking to an Editorial Calendar Having a pre-published editorial calendar is not just for the media. Organizing the avalanche of information your brand needs to communicate over the next 12 months can be daunting. When you roll it up into monthly themes this task becomes much easier. Depending on the size of your organization, this can be weekly or quarterly as well – timing is less important than a solid plan. All of the 30+ marketing vehicles roll out of the theme each cycle. For example, the press release can be the basis for the blog which turns into a Webinar. These three assets provide the content for social posts for the time period as well as customizing events, videos and incentives.
  • 9. 7. Producing Too Much Boring or Sales-Related Content Content marketing is becoming one of the most important tools for recruiting and nurturing your channel. Finding your brand voice and sharing your domain knowledge with your partners on a consistent basis will build trust and keep them plugged in. When combined with No. 6 (sticking to an editorial calendar), a solid piece of content will amplify itself across numerous channels and give multiple ways to repurpose throughout the time period.
  • 10. 8. Underutilizing the Media Some vendors look at the media as a source of advertising and not much else. Over the past number of years, industry media have been forced to expand their offerings and deliver more value to their readers and sponsors. Getting access to their community of readers through co-marketing, sharing your updates and content, Webinars, events and newsletters can be a very effective way to reach your established and prospective audience. It can be surprisingly cost-effective as well with the right level of negotiation, time commitment and bundling.
  • 11. 9. Thinking Direct Mail Is Too Expensive Most companies have abandoned direct mail over the past few years as the number of marketing vehicles have exploded. Depending on the size of your Channel, sending physical mail to partners can be a cost effective way to connect. Keep in mind the average age of Channel professionals has grown every year since the 1980s and this demographic tends to prefer face-to-face, mail and phone calls to electronic communication. Sending out unique sales kits can be done for only a few dollars per partner (or prospect) and may cost less than attending a tradeshow. Plus, you can achieve a high open rate and your competitors are likely not doing it.
  • 12. 10. Segmenting Partners Into Revenue Tiers Only You have likely learned in your channel career that segmentation is key to running a good program. While that is still true, many segmentation models are very limited and don’t categorize important attributes of strong partners. Newer ways of optimizing partner programs include share of wallet, product specialties, job role and other behavioral persona-type information. Being able to target individual employees in each partner company based on their interests, behaviors and requirements to support your brand should be the goal of every channel marketer.
  • 13. 11. Expending Too Much Effort on Partner Recruitment A balanced approach to channel management includes focusing equally on partner acquisition, nurturing and growth. The messaging and tactics are very different for these three stages and a non-personalized newsletter and portal experience isn’t optimal.
  • 14. 12. Underperforming Trade Shows This is an area where a lot of opportunity (and money) is wasted by vendors and distributors. Some of the common errors include: • paying for platinum status without getting much more than a logo on a page in return • paying for a breakfast/lunch/party and getting small signage that no one notices • thinking that booth hours are where the real action happens when it usually happens in the hallways and the hotel lobby bar late at night • not having a plan covering pre-show, show-withinthe-show and post-show tactics • spending too much money on trinkets and giveaways • not having a visible leader in your business that can seek out the media and develop strategic partnerships
  • 15. 13. Renewing Tactics Year to Year Without Justification Channel marketing managers are famous for the “master spreadsheet” outlining all of the approved tactics for the quarter or year. In most cases, 80 percent of the budget is already spent on renewing previously run activities. Back to the dandelion approach in No. 4 (too focused on the home run), one of the questions to ask on each line item is “what if I spent 50 percent of the cost, would I still get 90 percent of the benefit?” This is true for most event planning, advertising and comarketing activities. Opening up some room in the budget will allow for testing of new tactics, platforms, communities and initiatives.
  • 16. 14. Not Taking Advantage of Mobile Some dramatic changes have happened in the past couple of years in the channel. More than 90 percent of partners now carry a smartphone and/or tablet. Sixty-one percent of these partners report that they prefer to use the mobile device as a primary source of information, engagement and tools for business. With over half of all Internet traffic now coming from mobile devices, many channel vendors and distributors do not have a viable platform to leverage and grab a competitive advantage.
  • 17. About the Author Jay McBain is the co-founder and CMO of ChannelEyes – a channel mobile app platform. The core product, ChannelCandy, is a custom-branded and secure mobile app designed for vendors, distributors and associations to deliver channel highlights, company news and sales tools into the hands of partners. It is reinventing channel communication for leading companies in the industry. ChannelCandy runs on iPhone, iPad, Android as well as all mobile Web-enabled platforms such as BlackBerry, Windows and the PC Web Browser. Learn more at www.channeleyes.com.
  • 18. Thank you for viewing 14 Channel Marketing Mistakes Visit www.channelpartnersonline.com to view our extensive library of on-demand slide shows and other resources. *List courtesy ChannelEyes co-founder and CMO, Jay McBain