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July 8, 2009

Why would you partner with me?

Filed under: Creating a sales channel — Giles @ 2:37 pm

It’s a pertinent question that many companies do not ask when they decide to embark on a partner strategy. Many companies enter into a partnership strategy with the goal “I want more sales” but never develop the strategy so it can be articulated into words that a partner will understand. It is strange bearing in mind we would never sell to a customer like this. 

To understand why someone would want to partner with you, you need to understand the pain chain within your target organisation. Who is feeling pain at the moment, and what is that pain? How does this reflect up and down the chain of command? What are the repercussions of this to the organisation? 

In addition to this you then need to understand their corporate strategy and what is actually happening on the street to meet the revenue goals. An example maybe the corporate statement is “We empower senior management within our clients to manage their business by use of management dashboards”. On the ground the company is actually selling lots of consultancy to build standard business reports not used by managers. The reasons for this divide needs to be understood. 

You then need to combine these pains and goals with your company offering to create a sales pitch as to why you are the solution to these problems. If you can’t articulate this, you are never going to have a successful partnership. 

Remember one sale doesn’t make a good partnership, it takes five to ten!

1 Comment »

  1. Isn’t “partnership” an overused expression?

    Want some ideas on what a real partnership is check out http://www.customerflypaper.com/the-best-damn-sales-blog/so-your-prospect-wants-a-partnership

    Although this is end user sales focussed the same 4 priciples (stated in the blog) apply equallyt to selling through channels.

    Comment by Ian Farmer — July 17, 2009 @ 5:38 pm

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