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Recent Posts by Joel Rackham

 
Joel has 10 years of experience in fast-paced sales for a number of technology and IT companies, driving indirect channel partnerships and revenue. As technologies shift and emerge, Joel continues to follow trends in digital engagement models to build high impact sales and marketing programs. He brings a talent for creating unique revenue-driving solutions, capitalizing on efficiency, effectiveness, and utilizing a technology-led sales process. Joel earned a Bachelor of Science degree in Business/Finance from Westminster College, and a Master of Business Administration from the University of Utah.
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4 Best Practices for Channel Managers

Implementing and maintaining a partner program requires a bit more effort than blind luck. In today’s channel sales environment, attracting qualified prospects—and putting in the work to retain them—isn’t as simple as it once was. With a myriad of options available, partners now have more power than ever to select vendors that appeal to their needs. 

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Types of Sales Channels You Need to Have in Your Growth Strategy

Before the internet, there were two sales channels: indirect and direct. If you were a brick-and-mortar business, you sold your products directly in your store. If you were a wholesaler, you sold through resellers or distributors.

In today’s world, things are a bit more complex. And choosing sales channels to reach your targeted customers takes more effort. While the internet has certainly simplified many aspects of selling, it’s also created new demands for teams to learn and utilize disparate marketing channels.

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Invest in your channel partners, but selectively

When attempting to cultivate a broad partner community, vendors often make the mistake of inundating the target partners with content, en mass, and then simply wait for them to raise their hand and ask for help.

Partner onboarding support varies widely from program to program, and vendors have different expectations for how long they’ll need to hand-hold a partner until they are self-sufficient from a sales and technical perspective – in some cases the technical aspects are an ongoing support function that is provided to the partner in perpetuity. Too often the partners get thrown into the main channel program at the lowest level to fend for themselves. They then become frustrated when they are not being able to find the information they need, or being held to performance standards they don’t yet have the competency to meet. 

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