ZINFI Technologies, Inc.

Lead Management Using Channel Marketing Software


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More and more vendors are focused on an indirect sales (channel) model. Beyond the initial stages of fulfilment and support engagement, a major activity for these vendors is lead management. Channel marketing software can be a big help when it comes to lead generation and management. In this article, we will explore a variety of lead generation and management techniques that companies can pursue using channel marketing software.
Channel marketing software focuses on three core sets of activities: marketing to partners, marketing through partners and marketing with partners. The latter two activities are focused primarily on lead generation, which typically entails generating demand from a partner’s installed base of customers or getting new prospects into the partner’s and company’s pipeline. 
We will explore in more detail the tactics partners can use to drive lead generation from their installed base and net new prospect segments. But before we do that, let’s take a few minutes to consider some tactics channel marketing software should be used for based on average selling price, solution complexity and market segments.
Small business (100 employees or fewer): Small businesses purchases tend to be owner- or CEO-driven. Assuming average revenue is around $100,000 to $150,000 per employee, the revenues for these organizations range from about $1 to $15 million. Companies of this size tend to engage in less structured buying as opposed to on-demand or needs-based buying. Many small businesses also tend buy based on relationships. Selling into these segments means staying connected. Standard tactical tools offered by channel marketing software platforms—like social, syndication and email platform—tend to be quite effective.
SMB market segment (100–500 employees): As a company grows and revenue starts to fall into the $10 to $100 million range, processes evolve. Most purchases in this segment fall into two categories: scheduled maintenance or strategic investments. Most transactional purchases in this segment are driven by price and quality, while strategic investments tend to rely on overall solution complexity. Partners selling transactional products tend to do poorly in this segment, because most companies buy directly based on pre-agreed pricing for things that they need–whether it’s gloves for hospital staff, coffee for morning breaks or paper for printing. Strategic purchases, on the other hand, are driven by partner competencies, so event-based channel marketing software tools facilitating activities like webinars and road shows tend to come in handy here.
Mid-market (500–2,500 employees): Revenues for these companies are in the $100 to $500 million range. Most purchases are planned and reserves are maintained. Very rarely do these companies seek new vendors in mature categories and purchase. However, in emerging industry segments, new vendors—and therefore new resellers—can participate in  a request for proposal (RFP) process and thereby get a foot in the door. Channel marketing software in this category can help build reach through continuous marketing via social media and syndication of thought leadership content, followed by tactical campaigns for opt-in email, microsites and events. Online advertising on LinkedIn and Google AdWords can also drive traffic from this segment in a focused way. LinkedIn campaigns tend to fare better with narrowcasting, while Google AdWords tend to work well with broadcasting campaigns.
Large enterprise (2,500–10,000 employees): Many of these companies grow through acquisitions, because the kind of organic growth that companies like Google, Facebook, Tesla and others have achieved is hard to come by. During acquisitions, companies actually reduce the number of vendors they work with and tend to target their preferred vendor list for transfer of purchases. This is a classic installed base marketing scenario, and regular newsletters, webinar-driven education,
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ZINFI Technologies, Inc.By ZINFI Technologies, Inc.

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