Distribution channels are an important consideration for businesses of all types, sizes and product mix. Some companies are part of the distribution channel for others, such as wholesale distribution companies or resellers of business technology. Others, like manufacturers, must decide how to build their own channels of distribution. They may start with a direct sales model, but when growth, market or economic dynamics change, a strategy to use Channel Partners for distribution is often the least risk, highest reward choice.
Either way, for the small to mid-size business, navigating the complex waters of distribution— which varies by industry, target market and geography— can be daunting.
If you are a Channel Partner, how do you connect with the right manufacturers? And, once you do, how can you best profit from the relationship? Most companies who use a channel strategy have a variety of programs to help their Channel Partners succeed. These may include cooperative marketing and advertising, sales support, training, financing, seed product, and a host of other considerations.
And if you are a manufacturer looking to build a channel for your own products, how do you find the right players? And once you do, what programs should you offer to help them be successful?
We turned to SAP for help in answering these questions. One of the largest business technology companies in the world, SAP knows how to support and focus its Channel Partners on helping our mutual customers to be more successful. In Business Forward #6, Dan Kraus, a Vice President from SAP’s US Channel Sales organization, joins us with some advice on making channel sales successful.
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Business Forward 6:
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