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Optimizing Channel Sales by Mercuri International

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Optimizing Channel Sales by Mercuri International

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Many companies have OEM, Channel Partner Distribution models, or third party vendors to help them sell. In this presentation we share best practices and case studies from Kuehne Nagel, Atlas Copco, and Metso Mining.

Many companies have OEM, Channel Partner Distribution models, or third party vendors to help them sell. In this presentation we share best practices and case studies from Kuehne Nagel, Atlas Copco, and Metso Mining.

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Optimizing Channel Sales by Mercuri International

  1. 1. Channel Sales Optimizing Sales Development and Mind- Share With Your Channel Partners
  2. 2. 2 Module Aspects Value Communicating the Your Company Sales Strategy and Inspiring Dealers It’s important that Your Company Relationship Managers can communicate and motivate an understanding of the Your Company Sales Strategy When people know what they’re fighting for they fight harder & win Foundation for Strong Partner Relationships There are key elements that are the foundation of an excellent Channel Relationship. Among others, Trust is critical. Creating trust between Your Company and the Partners Understanding Partners Businesses and Drivers Many channel relationship managers only focus on their own business drivers without understanding that of their Partners and what Value is to them. Demonstrating an understanding thus MORE Trust! Defining the Your Company Value proposition for Partners Knowing the words and phrases that will continue to demonstrate caring and understanding when talking to the channel team-members. Showing Value throughout and to all members of the Channel Team Formal and Informal Expectations Defining expectations, KPI’s and performance goals is a critical, but sensitive task of the relationship manager. Agreeing on and working together to achieve the results. Dealing with Challenging Discussions Not all discussions go as smoothly as we’d like. In this module we create role-plays to work through tough discussions. Better relationships! Creating a Joint Sales plan Bringing it all together with a solid Action Oriented Plan Teamwork In- Action and for- Action. Training – Channel Management – Part 1 Executive Summary of Potential Modules
  3. 3. 3 Channel Management 1 – Ensuring Value through the Channel Effective Channel Management requires that all parties understand each other’s values, such that objectives can be aligned. This workshop will be designed to specifically assist Your Company in that quest. Channel Management in Perspective To start we ensure that participants understand the logic and flow of distribution strategy, channel, partner selection, and partner strategy. Foundations for building sustainable channel partner relationships We then move into the topic of key components of a strong partner relationship, of which the primary one is ”Value”. Value to the Partner, Value to the End User, and Value to Your Company. Understanding the Partner’s Business Model and Drivers Partners expect to yield Value, based on their business model and drivers. As Channel Managers it is important that understand how to uncover these, sometimes, not-too-obvious drivers. Defining Solution to Value Propositions The more you know about the Partners’ Values and Drivers, the more you can help them achieve their goals. Being able to clearly communicate that fact comes through the development of Partner Focused Solution to Value Proposition. In this part of the workshop we use a specific tool to build dynamic Value Propositions. Training – Channel Management - examples Note: Actual content must be customized based on further discovery
  4. 4. 4 Defining Formal and Informal Expectations Misalignment and less-than-expected results often come from poor understanding of expectations between Principle and Channel Partner. In this section of the workshop we clarify, and build the Your Company process for ensuring optimal understanding of each party’s expectations. Managing Challenging Situations Challenging situations, if not managed properly can have a severe impact on Channel Results and long term relationships. Here we look at very powerful methods to turn emotions into facts and challenges into opportunities. Creating the Channel Partner Action Plan The title says it all. With what was learned in the workshop, participants develop an action plan to solidify and enhance Channel Partner Relations Training – Channel management - examples Note: Actual content must be customized based on further discovery
  5. 5. 5 Module Aspects Value Motivating and showing “Why” the bite-sized session It is important that Channel Relationship Managers are seen as support that will assist Partners in achieving the goals. Each Bite-Sized session will contain a ‘Why” WIIFP – ‘What’s in it for Partners” Creating a Workshop Discussion vs “Teaching” The goal in not to re-teach but create workshop sessions within the Partner Houses that define more ways to actually apply the Sales Training previously provided Making it Interactive Motivating and Applicable Presentation Skills Solid presentation skills to keep the audience charged and open to change. Credibility and Respect from Partners The Bite-Sized Modules Channel Relationship managers will be given the instructions on how to run 3 bite-sized sessions. Credibility in the eyes of the Partner. Training – Channel Management – Part 2 Bite-Sized Support Modules for Your Company Channel Relationship Managers (Train-the-Trainer for Channel Managers) Executive Summary What is a Bite-sized Support Module? In this 3-day workshop for Channel Relationship Managers, participants will be given tools, slideshows and other materials to run practical bite-sized sessions for Channel Partner Sales People. These sessions will be designed to reinforce the Sales Training already provided by Your Company. It’s an outstanding method to ensure application.
  6. 6. 6 Training – Channel Management Bite-Sized Support Modules for Your Company Channel Relationship Managers (Train-the-Trainer for Channel Managers) In a world where organizations are taking people development very seriously and demand an RODI (Return on Development Investment), this train-the-trainer concept has become extremely valuable. This 3 day workshop will espouse skills methods and tools to support the partners in applying what they’ve learned previously in the Your Company Sales Training Workshops. These sessions are described as bite-sized because they can be delivered with Partners in 2-3 hour modules. In this Train-the-Trainer (TtT) session Channel Relationship Managers will also be given skills and methods to motivate the Partners to perpetuate the concepts and take action Another element of this TtT workshop is providing Channel Relationship managers with powerful presentation and coaching skills themselves. Overall, this program is masterful at providing Channel Relationship Managers with tools and skills to ensure the training provided by Your Company is applied by the Partners.
  7. 7. 7 Mercuri International Strategic Development Partnerships Why Mercuri?
  8. 8. 8 Why Mercuri? Mercuri References Results Delivered for Our Clients To those who are interested in measurably improving sales results, Mercuri International is the organization to partner with. For the last 5 years we have been working with Jamie Barrette’s team from Mercuri. Our focus in Eastern Europe has been to increase active selling time, increase sales productivity and better steer the representatives. After working with Mercuri the average sales calls per representative have been increasing by over 300% without sacrificing quality. At the same time there was a shift in the client selection process from visiting “D” customers to “B” & “C” customers. Feel free to contact me should you have any questions. Joerg Hennecke Sr. Vice President - Sales & Marketing KUEHNE + NAGEL Eastern Europe AG Phone: +43 1 263 0900 7010 Mobile: +43 664 80197 7010
  9. 9. 9 MINING TECHNOLOGY & SERVICES May 2011 To whom it may concern: I am very familiar with Mercuri International's learning & development offerings, as they were CP Ships’ ‘choice’ supplier for the delivery of all core Leadership, Sales, and Customer Service programs for some fifteen years, of which most of this time (CAST and Canada Maritime - CP Ships subsidiaries), was under my direction globally. As learning & development consultants, they have contributed to the success and growth of many, many companies. I now work for Metso, who are a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries, with over 28,000 employees in more than 50 countries. As their Global Director, Training and Development for Metso’s Mining Business Line, I have experienced the opportunity to work closely with Mercuri International once again, as they directly contributed to the development, execution, implementation and support of recently deployed Sales Management and Key Account Programs globally, which were completely tailored to address and interpret key business sales strategy into training programs, actions and activities. Mercuri International’s keen business sense, and ability to easily translate various industry business requirements into realistic training programs, that support and contribute to a company's bottom line results, has definitely put them in a league of their own in the training consultancy arena. Without reservation, I am available to provide further information regarding my support and recommendation for Mercuri International’s advanced learning and development portfolio, and how partnering their efforts and expertise can help support your businesses’ strategic goals and objectives. Should you require any additional information, please do not hesitate to contact me directly at (514) 516-0763. Debbie Purdy Director, Global Training & Development Metso Minerals Industries Inc 240 Arch Street, P.O. Box15312, York, PA 17405-7312 USA Why Mercuri? Mercuri References Results Delivered for Our Clients
  10. 10. 10 Alessandro Fantacone - Product Manager Compressor Technique Service Division Atlas Copco Airpower n.v. May, 2009. Atlas Copco recently collaborated with Mercuri International to create and deliver a training program in North America. Previously a similar training was conducted in China at the end of 2008. The 20 hour training in North America targeted our Service sales force with the aim to increase their product knowledge as well as their sales skills. The training proved to be a great success. A key factor to the success of the training was the knowledge, experience and enthusiasm provided by Mercuri, who not only participated in the delivery of the training, but also in the preparation and in the follow- up. They were able to manage the group of trainees very professionally; inspiring and challenging them continuously through the use of great examples, strong didactic material, a good blend of reinforcing content and challenging ideas. During the entire process he never lost sight of the importance to keep the audience interested and entertained. Mercuri International also resulted in being a reliable company that provides customer tailored training programs, good understanding of market dynamics and a group of valuable trainers worldwide. Collaborating with Mercuri International would be an asset to any organization, and I am happy to give them my personal endorsement. If you would like any additional information don’t hesitate to contact me at 0032 473 541483. Sincerely, Alessandro Fantacone Atlas Copco Compressor Technique Service Division Atlas Copco Airpower nv P.O. Box 222 Telephone (03) 870 21 11 C.R.A 44651 Banks Generale Bank 220-0004229-94 Boomsesteenweg 957 B-2610 Wilrijk-Antwerpen Belgium Cable COPUR-B Telefax (03) 870 24 43 V.A.T. nr 403.992.231 Crédit Lyonnais Bank Brussel Lambert Bank v; Parijs &Ned. Citibank Postrekening 610-0021500-57 320-0009098-50 550-320-8600-27 570-1084900-13 000-0390148-05 Why Mercuri? Mercuri References Results Delivered for Our Clients

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