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In the beloved film classic, “The Wizard of Oz”, when Dorothy asks Glinda--the kindly witch of the North—how to start her journey to Emerald City, Glinda responds, “It’s always best to start at the beginning.” In my opinion, Glinda would not be my first choice as a channel program consultant. Effective channel program planning actually starts with a clear vision of the “end game,” in other words identifying the success metrics that originally inspired you to create the program. It may be growing the size of your partner channel or--more commonly-- increasing channel revenues over a certain period of time.
Surprisingly a number of companies that have approached us looking for solutions to automate their channel programs have failed to articulate their business objectives, either because the objectives are poorly defined or are not defined at all. Here are a few open-ended questions that should stimulate your thinking when it comes to identifying program objectives:
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by Michael Dubrall, Managing Director of Gilwell Group
Social Media is confusing. What is it anyway? There are dozens of different definitions (check the blogosphere) and even more perspectives on how it can be used to improve channel performance. Unfortunately, there are still partner managers that are struggling to accept social media as a transformational technology. They cannot yet see the future, even as it begins to overwhelm them.
So in response to all the questions about what it is and how social media might be used to help channel partners be successful, here is a list of the top ten social media applications. The sites are used primarily for marketing, although sales results are definitely being impacted, especially by business networking sites like LinkedIn. (The use of social media to solve technical problems is already well documented.)
This ranking is mostly based on our on-going Channels of the Future research, with some fine-tuning from client projects. Every site mentioned has a least one worthy competitor vying for attention. This is the briefest of summaries, which only hints at the impact of these gathering places.
Vendors that do not understand and take advantage of these social media gathering places are already well behind their channel competitors. If you work in a partner organization that is not active on most of these social media sites, perhaps you should be updating your resume. (If you do not personally use most of these tools, then probably you should be thinking of retirement.)
Michael Dubrall is the Managing Director of Gilwell Group, a research and consulting company that researches "Channels of the Future." He is a regular contributor to Channel Champion and other industry blogs on the subject of next generation partnerships. Join the Channels of the Future group on LinkedIn.
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