Previous Page  70 / 76 Next Page
Information
Show Menu
Previous Page 70 / 76 Next Page
Page Background

It all starts with recruitment. Pick the wrong part-

ners and you will be wasting time. You can’t even as-

sume Pareto’s Rule of 80/20; it’s often 95/5. Only about

5 percent of your partners will produce consistent sales.

And you want more like them, correct?

In each channel program, there is always the “quan-

tity versus quality” debate. More often than not, there

is pressure to add more partners. More is better. More

means more sales. That’s the theory anyway.

“If the partner is selling our competitor, why couldn’t

he sell our stuff?” There actually could be a bunch of

reasons. Ask Cisco partners to sell Juniper or Xerox

partners to add Ricoh to their lines. Why aren’t Ford

dealers selling new Chevrolets?

But let’s back up a little. Whenever I start a project

in channel sales, the first thing I do is determine the

relationship with that customer, and billing builds trust.

To be a true Telecom Solution Seller, the partner has to

want to be more than the pipe salesperson. He may not be

comfortable asking about any other services. He may be

transactional. Replacement services of like for like (broad-

band or T1 for 10MB, SIP trunk for PRI) are easy to sell

transactionally. But most businesses are using hosted email,

conferencing, backup (hello, Dropbox!), especially today with

smartphones and their personal clouds with Apple, Amazon

and Google. It can still be a replacement sale.

It is about customer wallet share. Getting deeper into

the customer (for the partner) means that the churn goes

down, ARPU goes up and the commission checks get big-

ger. Another factor: no other partner will come along and

replace your services with their own, cutting you out.

Network is the easy piece. Voice and cloud services

are usually a little complicated because there are moving

parts (such as phone numbers, data to move, and new

processes to train employees on). Yet once you get them

on your service, they are sticky.

The key to sales is to be helpful. In what ways can you

enhance your relationship with your partners? One way

is to let them know who is buying what. When a sale is

made, let partners know. “This bank bought this and that”.

Now the partner has a concrete idea that banks buy this

and that. Service providers can do this by email, but they

can also utilize their LinkedIn group or Twitter account. It

doesn’t have to be email all the time.

The other big issue is: How do I get their attention?

Partners are drowning in email and webinar invites. May-

be email isn’t the best way to reach them. Have you asked

them what method of communications they would prefer?

If the partner is ignoring emails, there are other av-

enues. Social networks such as Google+, LinkedIn and

Twitter allow for a different way to reach out to a partner.

It doesn’t have to be a “Hey you!”

In my experience, congratulations are a great way to

touch a person. Whether it is a birthday, promotion, anni-

versary – or, even better, their name mentioned in the press

– dropping a quick “Congrats!” on social networks is a way to

get noticed while acknowledging the moment for the partner.

“Being helpful” was Zig Ziglar’s definition of sales. Jef-

frey Gitomer used to say, “Always give value first.” What

most people care about is themselves. WIIFM is the watch

word of the day: What’s In It For Me.

Treat the partner to a marketing campaign to peak

his interest. Tweet about the new SPIFFs without details

– have them reach out to you. Use it as a hook. “One

partner just got a check for $2,000. Contact me to find

out how you can get one.”

Send a Vine or a video email that is two minutes or

less but is personal. “Hey, your last quote request was for

a bank. Just sold a couple of bank deals. Think we can le-

verage that for your deal? Call me.” It was quick, personal

(or relevant), concrete, clear with a call to action.

Often I am added to email lists. This morning I re-

ceived a “newsletter” with the subject line about a disaster

area. The body was a mess of info about energy and mesh

and renewable. No idea who sent it or why I got it. That is

the case often. Don’t be that person.

The subject line needs to catch their attention. (So

does the sender name.) There needs to be a call to action.

An irresistible offer – SPIFF, promotions – also helps.

Through all this keep in mind: am I being helpful? Is this

valuable? Would I send it to a friend?

As far as being helpful, think about new partners. How

can you work with a new partner to get them a win in

their first 60 or 90 days?

One reason Freemium is a popular model today is that

the risk for a user is really low. Extrapolate that to our

business. Free-trial offers or no-risk guarantees are note-

worthy. If a partner is new, a smaller deal is less risky.

It isn’t always about the price, sometimes it is about

the risk (which is about trust). Build trust in little ways like

testimonials and reference accounts. Written procedures for

deployment and introductions to the implementation team

or project manager also can help build trust with a partner.

Recruiting and on-boarding are just the beginning in

a partner relationship. Helping the new partner with her

first win is just as important.

Chapter 4:

Recruitment

70

Channel

Vision

|

May - June 2015