Sales Channel considerations for the 21st century

Written by Frank Williams


Continued from page 1

Next, determining what type of product you have isrepparttar single most important part of defining your channel strategy. Product type, pre & post service requirements, and revenue generated per customer transaction are key. Understanding these points are important and will focusrepparttar 120604 manufacturers sales & marketing resources.

For example, ifrepparttar 120605 transaction per customer is low (under $500), thenrepparttar 120606 channel will expectrepparttar 120607 manufacturer to create demand inrepparttar 120608 market through effective advertising to targeted end-user accounts. The ideal channel will fill orders to a broad customer base in order to cover individual sales costs. Ifrepparttar 120609 product carries a higher value,repparttar 120610 channel will be more motivated to pioneerrepparttar 120611 product because they will be able to sell additional value (local stock, service, integration, etc.) that not only covers their sales costs, but provides cross-selling opportunity yielding higher, overall profit per customer transaction. This dictates thatrepparttar 120612 sales & marketing resources are applied strongly torepparttar 120613 partner channels.

Understanding your value proposition per customer transaction is key to defining major components of your channel strategy.

E-traffic -repparttar 120614 new channel dynamic

If you are not utilizingrepparttar 120615 power ofrepparttar 120616 web as an integral part of your marketing program and sales channel strategy, you are simply asleep! And your competition loves you for it.

The web has had a dramatic affect on channel partners. Most buying individuals have access to online information. Product pricing and specifications can be quickly downloaded for easy comparison-shopping. This real-time dynamic ofrepparttar 120617 web has forced channel partners to be true and tight.

However,repparttar 120618 web has also yielded many channel enhancements torepparttar 120619 forward-acting manufacture.

Many companies use their web site as a clearing and linking depot for their channel partners. Listingrepparttar 120620 channel partners' web site gives customers quick access and information on local channel presence. Channel partner enhancements includerepparttar 120621 creation of an Intranet. This channel-access only Intranet is virtually cost-free and provides timely (24/7) order entry, literature and information downloads as well as on-line service support. Surely you can think of other services thatrepparttar 120622 Intranet can provide. Done right, this can be a customer plus and a competitive advantage.

Blending all channels to market - dealing with channel conflict

Global Marketing's contention is that companies must utilize all channels to market. Typically small and mid-size companies favor one channel. Usually it isrepparttar 120623 channel that assisted their early growth. Early on, there may not have been much choice, but to grow torepparttar 120624 next level, mutli-channel marketing must be deployed. And this brings uprepparttar 120625 biggest barrier to an effective channel strategy - cross channel conflict.

Cross channel conflict is when two or more channels compete forrepparttar 120626 same sale withrepparttar 120627 same brand. Realize that any company will face channel conflict. As markets and products mature, you must add new channels to cover all major market segments. Conflict cannot be eliminated. The goal of marketing must be to optimize market coverage and manage conflict so that it does not become destructive. Balancing this conflict is demanding, yet essential to sustained growth.

Too much conflict is destructive causing price issues and loss of market share and excessive sales management time. Too little conflict yields less market share with major coverage gaps. Optimum market coverage drives high market share, low coverage gaps and manageable conflict.

Recognize thatrepparttar 120628 driving influences of channel conflict are both economic and structural in nature. Economics motivaterepparttar 120629 channel and structural controls help to define and guide how conflict is managed. Pricing strategy, market penetration, channel support issues, and even company politics are challenges that generate channel conflict. Understanding, reviewing and managing these problems enhance your firm's ability to maximize market coverage and manage channel conflict.

One final point. Figuring out your channel strategy is only part ofrepparttar 120630 issue. Communicating your strategy and any required updates to all active channels on a regular basis is an imperative. Each channel must understand how they will part-take in generating businesses and make money.



Frank Williams is a marketer. With many post graduate courses in management, leadership, marketing and technology to his credit, Williams is a widely respected speaker, author and technologist. He has significant knowledge in marketing strategies and is the founder and CEO of Global Marketing, Inc. - a leader in business, marketing and sales consulting

Other valuable articles can be found at: http://members.cox.net/glmarketing/glmarketing/index.htm


Six Reasons Why Your Alexa Rating Is Still Important.

Written by Tinu Abayomi-Paul


Continued from page 1

While not as compelling asrepparttar fact that Google is now tied to Alexa, it's no small issue that other webmasters are beginning to show interest in Alexa.com again. Now that Alexa is being positioned to have a closer integration with Amazon, has improved their toolbar to include a free pop-up blocker and Google search results, as well as given webmasters incentive to installrepparttar 120603 Alexa toolbar, many site owners either offerrepparttar 120604 toolbar or display their Alexa ranking proudly on their sites.

So, no matter what your personal feelings aboutrepparttar 120605 Alexa toolbar are, it may be a good idea to gainrepparttar 120606 advantages it offers, before your rivals do.

4. Client awareness is rising

Even if you're not a commercial website, and don't really compete with other sites for anything other than traffic, you still have to deal withrepparttar 120607 fact that your visitors are becoming more aware ofrepparttar 120608 Alexa toolbar again. Alexa allows you to customize a version of their toolbar and allow you to offer it as a free download from your site. Not only can you profit from their amazon.com purchases, but when regular visitors return to your site withrepparttar 120609 toolbar installed, it can help maintain your ranking.

The way things are going,repparttar 120610 situation of having clients checking your Alexa reviews and ratings before they buy from you to one day be routine. Do you want to be ahead of that possible trend, or wait, and push it when everyone else finally catches on?

5. Alexa's Perceived Importance

The whole reason for this article is that in answer torepparttar 120611 last article I wrote about Alexa, I got a lot of feedback questioning whether Alexa Internet and its toolbar were still important to webmasters. So far, at minimum, forrepparttar 120612 last two reasons I stated,repparttar 120613 Perception of Alexa being an important webmaster tool is increasing.

So even if you don't think it is important, if your visitors feel it is, then it may be time for you to at least pay attention torepparttar 120614 recent changes.

6. Alexa's Actual Importance

As Alexa's perceived importance is growing, it's actual importance seems to be moving atrepparttar 120615 same rate. Here's why.

It would be one thing if allrepparttar 120616 hoopla about Alexa took place and everyone installed or re-installedrepparttar 120617 toolbar, and everyone found out that bothrepparttar 120618 site andrepparttar 120619 toolbar were useless. Remember when auto-surf exchanges first became popular? Everyone jumped onrepparttar 120620 bandwagon for about a month, then several articles came out about six weeks later, stating that they were ineffectual because real humans weren't viewingrepparttar 120621 sites anymore.

Look aroundrepparttar 120622 Net for about an hour and see if you can find any new negative press about Alexa from webmasters since November. All I've seen arerepparttar 120623 same questions there were before- is my Alexa rating important, and why? Are Alexa's traffic stats accurate?

And I still haverepparttar 120624 same answers. Your Alexa rating is important to you if you have a commercial website because it is important to Google and to your competition. And whether your site is commercial or not, it is becoming important to your visitors, which is why your site exists- to cater to them, you should make your site's relationship with Alexa.com a priority.

As to Alexa's statistical accuracy, I can't say for sure. It's a much debated topic. But it's pretty much indisputable that getting intorepparttar 120625 top 100,000 sites is a significant achievement, though perhaps not as difficult as some think. And having a top 50,000 site is not something that can really be cheated or faked. So perhaps it is not perfectly exact as a comparison of your site to another unrelated site.

But it isrepparttar 120626 closest thing to a universal, impartial 3rd party measure of traffic we have. And more importantly, it can give your clients yet another reason to trust you enough to buy from your site. Testimonials inrepparttar 120627 form of reviews on their site, as well as fast access to your contact information from outside your site can meanrepparttar 120628 difference between a browser and a buyer.

If you haven't hadrepparttar 120629 chance to downloadrepparttar 120630 Alexa toolbar, you can get it from http://www.freetrafficdirectory.com/alexatoolbar - or you can getrepparttar 120631 Alexa Snapshot from www.alexa.com if you have Netscape or if you're not on a PC. It's a free resource, and all you have to lose- or gain- is more free traffic.

For more free traffic secrets, subscribe to the Free Traffic Secrets Ezine by sending any blank email to ftdsecrets-subscribe@topica.com - bonuses for subscribers include free access to a resource that gets you free advertising for life in 9 minutes a day. Or, get Tinu's free Google optimization guide at http://www.freetrafficdirectory.com




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