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Seven Critical
Factors for a
Successful Partner
Recruitment
Program
2 | © ZINFI Technologies Inc. All Rights Reserved
It Doesn’t Matter How Big
or Small Your Channel Is
Chances are that once in a while you need to run partner recruitment
campaigns—especially when you launch a new product or acquire a
new company that your current channel is not equipped to sell.
However, partner recruitment is not an easy task. We at ZINFI can help
you with this or do it on your behalf either on a national level or globally
by using our Channel Marketing Automation and concierge services.
Most vendors want to recruit channel partners who have marketing,
sales and product capabilities in place to sell the vendors’ specific set
of products. Research statistics show that channel partners bringing in
average revenues of between $2 – 10 million carry products from
anywhere between six and 40 vendors. So, for a partner to add another
product to his portfolio, it is a major strategic decision that is never
taken lightly. Vendors therefore need to be highly selective about the
partners they select and what to do to make the engagement
meaningful.
There are seven success parameters that we know to be critical to
create a meaningful engagement with a prospective partner that leads
to successful recruitment.
3 | © ZINFI Technologies Inc. All Rights Reserved
1. Know Your Partners
Channel marketing is about building repeatable motion,
so if you already have a set of partners that are selling
your product, the best thing to do is to understand what
makes your best partners successful before embarking
on partner recruitment. How? Well, you can do a
simple survey using a Channel Marketing Automation
platform, asking them what other products they sell,
who their premier vendors are and what distinguishes
them from the rest, and how much and what type of
service they provide. Since the survey tool is part of
your Channel Marketing Automation platform, the data
collected remains yours, and you can use it over and
over again as a basis for reaching out to the right
targets.
4 | © ZINFI Technologies Inc. All Rights Reserved
2. Build Your Target List
Once you know your target partner profile, it is easy to
build a list of companies to begin your partner
recruitment. You can use LinkedIn, data.com and other
data sources to find this information. We at ZINFI can
also help you to build customized partner lists by using
our Channel Marketing Automation platform, which
connects—among other sources—to multiple social and
database sites.
5 | © ZINFI Technologies Inc. All Rights Reserved
3. Create Your Message
Partner recruitment must engage your potential
prospects. It requires a very specific business
proposition that must answer three fundamental
questions if a new partner is to engage:
• how would this solution help me differentiate my
company in my market place
• how much investment would I have to make to sell this
product
• how much revenue and profit would I make from an
average transaction. If these three items are not
answered clearly, then the rest of the channel program
from rewards and rebates to MDF and more will not
be enough to engage a prospective partner
6 | © ZINFI Technologies Inc. All Rights Reserved
4. Make It A Yearly Goal
Most often vendors run a partner recruitment
campaign for three to six months and then stop.
A short-term campaign is rarely effective. But if you
take a long-term approach, and continue to reach out
over 12 months to a targeted set of partners with
specific messages, engage them into multiple
conversation and help them understand how they can
differentiate and make money, you will start seeing
returns from the campaign. This may occur anywhere
from three to six months down the road, but be
prepared for a longer haul.
7 | © ZINFI Technologies Inc. All Rights Reserved
5. Make Ramp Up Easy
Maybe your partner tiers have many qualification
criteria, multiple product certification requirements,
complex rebate structures and more. This is not
productive. The best way to accelerate partner
recruitment is to simplify. The more the new partner
has to do to sell the first product, less they will actually
sell. So, while it is possible to induce many new partners
to quickly fill out a form to join your program, if the road
to selling takes too many steps you will lose the
opportunity for any real engagement. Making it easier
for a new partner to learn how to sell and support a
single product will help you accelerate sales out. After
that you can broaden the relationship by engaging the
partner with other products and services.
8 | © ZINFI Technologies Inc. All Rights Reserved
6. Stop Calling If They
Say No
During your partner recruitment effort, if you have come
across an organization who makes it clear they don’t
think your product is a good fit for them, then please
don’t keep calling them. You cannot convince a partner
to carry a new product if they don’t want to. They first
have to be interested in the new category; then you
have to make a case for them to partner up with you in
particular. You can save a lot of time by focusing on
those partners who express interest, even if they don’t
yet know how to start selling your products, rather than
waste efforts chasing established partners who sell
competitive products and hoping they will switch. They
won’t, and even if they eventually did, your effort
probably won’t be worthwhile.
9 | © ZINFI Technologies Inc. All Rights Reserved
7. Give Them Leads
Selling a technically complex product takes a lot of hard
work to understand, both from sales and a technical
perspective and since most partners do not have
adequate marketing resources, it is unrealistic to expect
that a newly recruited partner would be able to
effectively market a product that they have only just
learnt how to sell. So don’t leave them hanging out to
dry: give them a Channel Marketing Automation
platform with preconfigured campaigns that they can run
in a few clicks.
ZINFI’s Partner Relationship Management (PRM)
platform can provide you with a complete integrated
approach in partner recruitment, partner training, multi-
partner lead generation and management capabilities.
ZINFI’s marketing concierge services can help onboard
your new partners and also help them to improve their
marketing efforts.
© ZINFI Technologies Inc. All Rights Reserved.
Thank You
North American Marketing Operations Center
ZINFI Technologies, Inc.
6200 Stoneridge Mall Road, Suite 300
Pleasanton, CA 94588
1.866.707.1944 or sales.noram@zinfitech.com

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7 Critical Factors For a Successful Partner Recruitment Program

  • 1. Seven Critical Factors for a Successful Partner Recruitment Program
  • 2. 2 | © ZINFI Technologies Inc. All Rights Reserved It Doesn’t Matter How Big or Small Your Channel Is Chances are that once in a while you need to run partner recruitment campaigns—especially when you launch a new product or acquire a new company that your current channel is not equipped to sell. However, partner recruitment is not an easy task. We at ZINFI can help you with this or do it on your behalf either on a national level or globally by using our Channel Marketing Automation and concierge services. Most vendors want to recruit channel partners who have marketing, sales and product capabilities in place to sell the vendors’ specific set of products. Research statistics show that channel partners bringing in average revenues of between $2 – 10 million carry products from anywhere between six and 40 vendors. So, for a partner to add another product to his portfolio, it is a major strategic decision that is never taken lightly. Vendors therefore need to be highly selective about the partners they select and what to do to make the engagement meaningful. There are seven success parameters that we know to be critical to create a meaningful engagement with a prospective partner that leads to successful recruitment.
  • 3. 3 | © ZINFI Technologies Inc. All Rights Reserved 1. Know Your Partners Channel marketing is about building repeatable motion, so if you already have a set of partners that are selling your product, the best thing to do is to understand what makes your best partners successful before embarking on partner recruitment. How? Well, you can do a simple survey using a Channel Marketing Automation platform, asking them what other products they sell, who their premier vendors are and what distinguishes them from the rest, and how much and what type of service they provide. Since the survey tool is part of your Channel Marketing Automation platform, the data collected remains yours, and you can use it over and over again as a basis for reaching out to the right targets.
  • 4. 4 | © ZINFI Technologies Inc. All Rights Reserved 2. Build Your Target List Once you know your target partner profile, it is easy to build a list of companies to begin your partner recruitment. You can use LinkedIn, data.com and other data sources to find this information. We at ZINFI can also help you to build customized partner lists by using our Channel Marketing Automation platform, which connects—among other sources—to multiple social and database sites.
  • 5. 5 | © ZINFI Technologies Inc. All Rights Reserved 3. Create Your Message Partner recruitment must engage your potential prospects. It requires a very specific business proposition that must answer three fundamental questions if a new partner is to engage: • how would this solution help me differentiate my company in my market place • how much investment would I have to make to sell this product • how much revenue and profit would I make from an average transaction. If these three items are not answered clearly, then the rest of the channel program from rewards and rebates to MDF and more will not be enough to engage a prospective partner
  • 6. 6 | © ZINFI Technologies Inc. All Rights Reserved 4. Make It A Yearly Goal Most often vendors run a partner recruitment campaign for three to six months and then stop. A short-term campaign is rarely effective. But if you take a long-term approach, and continue to reach out over 12 months to a targeted set of partners with specific messages, engage them into multiple conversation and help them understand how they can differentiate and make money, you will start seeing returns from the campaign. This may occur anywhere from three to six months down the road, but be prepared for a longer haul.
  • 7. 7 | © ZINFI Technologies Inc. All Rights Reserved 5. Make Ramp Up Easy Maybe your partner tiers have many qualification criteria, multiple product certification requirements, complex rebate structures and more. This is not productive. The best way to accelerate partner recruitment is to simplify. The more the new partner has to do to sell the first product, less they will actually sell. So, while it is possible to induce many new partners to quickly fill out a form to join your program, if the road to selling takes too many steps you will lose the opportunity for any real engagement. Making it easier for a new partner to learn how to sell and support a single product will help you accelerate sales out. After that you can broaden the relationship by engaging the partner with other products and services.
  • 8. 8 | © ZINFI Technologies Inc. All Rights Reserved 6. Stop Calling If They Say No During your partner recruitment effort, if you have come across an organization who makes it clear they don’t think your product is a good fit for them, then please don’t keep calling them. You cannot convince a partner to carry a new product if they don’t want to. They first have to be interested in the new category; then you have to make a case for them to partner up with you in particular. You can save a lot of time by focusing on those partners who express interest, even if they don’t yet know how to start selling your products, rather than waste efforts chasing established partners who sell competitive products and hoping they will switch. They won’t, and even if they eventually did, your effort probably won’t be worthwhile.
  • 9. 9 | © ZINFI Technologies Inc. All Rights Reserved 7. Give Them Leads Selling a technically complex product takes a lot of hard work to understand, both from sales and a technical perspective and since most partners do not have adequate marketing resources, it is unrealistic to expect that a newly recruited partner would be able to effectively market a product that they have only just learnt how to sell. So don’t leave them hanging out to dry: give them a Channel Marketing Automation platform with preconfigured campaigns that they can run in a few clicks. ZINFI’s Partner Relationship Management (PRM) platform can provide you with a complete integrated approach in partner recruitment, partner training, multi- partner lead generation and management capabilities. ZINFI’s marketing concierge services can help onboard your new partners and also help them to improve their marketing efforts.
  • 10. © ZINFI Technologies Inc. All Rights Reserved. Thank You North American Marketing Operations Center ZINFI Technologies, Inc. 6200 Stoneridge Mall Road, Suite 300 Pleasanton, CA 94588 1.866.707.1944 or sales.noram@zinfitech.com