Supporting your channel partner’s marketing efforts is at the top of this list. Increased involvement with campaign development, easily accessible market development funds and the sharing of co-branded marketing materials are all necessary to increase the revenue being produced from your channel community.
Increased Partner Support
Increased communication and the sharing of marketing strategies and content is perhaps the biggest trend in channel marketing today. Providing your partners with the resources needed to launch successful marketing campaigns and ensuring their execution of those campaigns is known as through-channel marketing. Active involvement in the marketing practices of your channel can increase partner engagement and encourage collaboration. Duplicating campaigns across your channel and communicating a uniform message can bring about greater brand awareness and online reach.
The number of companies offering marketing technology these days is staggering. From automation platforms to SEO tools, figuring out what works and will fit your business can be a daunting task. However, properly leveraging marketing technology has become necessary for B2B organizations to remain competitive. Finding a single solution that works well for the majority of your partners can help to create a more cohesive partner community and make sharing marketing materials much easier.
More In-Depth Data Analytics
Automation platforms have made it possible for channel managers to easily analyze the effects of marketing campaigns and determine where to focus their resources. Improving the return on your MDF and co-op funds can only be done through extensive testing and data analyzation. This ties in closely with marketing technology and inbound marketing, as measurable campaigns and the analysis derived from them can be easily tracked with their implementation.
Inbound Marketing Strategy
Capitalizing on changes in the way people make purchase decisions as well as the need for better data and a clearer indication of ROI, inbound marketing has proven itself a very effective tool for the channel. Inbound marketing allows for extensive A/B testing as well as detailed campaign analytics. Driving visitors to your website through blog posts, social media and SEO, inbound marketing tactics have become the go-to for B2B organizations looking for effective and measurable solutions.
Increased Channel Marketing Budget
According to ShipEarly, 40% of channel marketing budgets are set to increase over the next 12 months. Recognizing the need for additional resources to compete companies are expected to put more of an onus on providing MDFs for campaigns and outsourcing for current partners while providing closer guidance on how to use them.
Account Based Marketing Tactics
Personalization has become a central part of marketing campaigns and account-based marketing provides the framework for highly targeted messaging. Identifying key accounts and implementing several elements of multi-channel marketing to reach them will help your partners close their most profitable accounts.