Are you doing the things you need to maximize your manufacturer/retailer relationships? Manufacturing Brands don’t need more managers; it’s time for the leaders to step up. This is from the Channel IQ Webinar November 14, 2012 - Brand and Channel (B&C) Boot Camp | Becoming a Channel Leader in a Channel Manager World.
In this frank discussion about manufacturer/retailer relationships, industry leader Peter Weedfald, former SVP and CMO of Circuit City, SVP of sales and marketing for Samsung Electronics, ViewSonics Corporation, and President of General Displays and Technologies; and Jeff Messer GM of Brand Protection for Channel IQ discussed best in class strategies for:
- Overcoming the gap in consumer education around “authorized retailers”
- Getting back to the “Four P’s” into your retailer strategy
- Leading your retailer to better margins
- Creating lasting, trusted relationships with your retailer
- Helping your retailers create differentiation in the market
Enjoy and feel free to comment or contact us with any questions.
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Scaling API-first – The story of a global engineering organization
Channel IQ - Becoming a Channel Leader in a Channel Manager World
1. November 14, 2012
Channel IQ | Brand & Channel Bootcamp
Becoming a Channel
Leader in a Channel
Manager World
Peter Weedfald
President
Gen One Ventures
Jeff Messer
GM Brand Protection Services
Channel IQ
2. Peter Weedfald
President
Gen One Ventures
Peter Weedfald is President of Gen One Ventures. The
company works non-exclusively and directly for GE
providing sales, marketing, operations, product
management & retail channel consulting insights across
GE Licensing’s family of business partners. Mr. Weedfald’s
past experience includes SVP and CMO of Circuit City
Corporation, SVP of Sales and Marketing in North
America for Samsung Electronics, SVP of global marketing
and EVP, GMM of Internet Appliances for the ViewSonic
Corporation, and various executive VP, Publisher, Sales
and Marketing positions at Ziff-Davis Publishing and Ziff
Davis.
3.
4. Are you maximizing your manufacturer/retailer opportunities?
· Getting back to the “Four P’s” in your retailer strategy
· Leading and partnering with your retailers to ensure profitable margin pools
· Creating lasting, trusted brand relationships with your retailer
· Helping your retailers create differentiation for their own brand
Gen One Ventures Supposition
1. PVC: price, value, cost.
2. Speed of change and opportunity: causes irrational channel strategies.
3. Impossible: to solo advertise your way to brand and product greatness.
4. The manufacturer: must become build an ambient substrate, be the publisher.
5. Articulation of demand: relating and creating the 4P’s and the 4A’s as one.
6. Complexity: is the refuge of the unsure.
7. Questions: are the answers through the dignity of knowledge.
8. Choice not chance: through smart organizational leadership.
9. Draft: never stand alone.
10. There is no difference: between sales and marketing.
5. There is no difference between selling and marketing!
6. There is no difference between selling and marketing!
NOT CHANCE
CHOICE
7. Example Knowledge Points: Exhibition ROI & ROR
BRAND EQUITY
•Unaided Awareness: 18 (‘09) 26 (’00)
•Positive Opinion: YOY, MOM, WOW
•Brand Equity: surpass target competitor
•Channel Equity: competitive data
• Market Sensing: promise and measure
COMPETITIVE RATIONAL & DRAFTING
MARKET MAKING CHANNEL STRATEGY
OPPORTUNITY BRAND
PROMISE • Strengthen 80/20 rule channel partners
•Identify key competitors • Build your channel partners brand
strengths and weaknesses
• Never compete against your channel
• Capitalize on 4 P’s • Always profit your channel and they in
PRODUCTS CHANNELS turn will profit you
• Expand the market
•Business Plans
REVENUE e-DIGITAL
PROFIT PLATFORM
ROI INFRASTURCTURE
PLATFORM FOR GROWTH
SMART BUSINESS GROWTH •e-CRM, Multiple micro-sites, Social Engineering,
email marketing
•Sales: There is no business without profit margins •e-commerce, e-detailing team, mobile marketing
•Profit: There is no profit without product productivity
•Plans: There is a business plan for every product
•Marketing: Below the line and above the line as one
8. Is there a difference between selling and marketing in your company?
Marketing Selling
10. Optimizing Arbitrage Versus Your Direct Competitors
Retailers & Distributors Manufacturers
4 A’s 4 P’s
Authorization Allocation Advertising ARBITRAGE Product Pricing Placement Promotions
NEGOTIATION SELL THROUGH PRODUCT MANAGEMENT SALES ORGANIZATION
(PUSH) (PULL) (PUSH) (PULL)
11. e-Monitoring CRM
Creative Mining
Marketing
Promos Blog Chatter
Detailing
Market
Sensing Hollywood
e-Commerce
e-Video Clips
ARBITRAGE
Sports Marketing
Loyalty
And Reward
Social Engineering
Cause
Marketing
e-Mail
Marketing
e-video
Celebrity
Broadcast
Event - Draft
PR & Analyst
Relationships Active Internet Search
Selling
Radio Web
Simulcast
12. There is no difference between sales and marketing!
14. Jeff Messer
GM Brand Protection Services
Channel IQ
For over 15 years, Jeff Messer has been an innovator in
manufacturing and retail industries by creating,
developing, and managing complex sales and marketing
channels. Prior to Channel IQ, Jeff was the Director of
eBusiness and Digital Marketing for BTI, a manufacturer
of computer peripherals and power accessories. His work
at BTI was a natural evolution from his eight year tenure
as the National Sales Director at Channel Intelligence,
where Jeff worked with numerous Fortune 500 brands.
Jeff is a bit of an enigma in the manufacturing and service
world; having applied his “The Road Less Travelled”
business philosophy to create successes time and again.
29. Questions?
Channel IQ | Brand & Channel Bootcamp
Becoming a Channel
Leader in a Channel
Manager World
Peter Weedfald
President
Gen One Ventures
peter@genoneventures.com
Jeff Messer
GM Brand Protection
Channel IQ
jmesser@channeliq.com
or: info@channeliq.com