Channel Sales - Get Your Product to Market using Sales Channels

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Quick Notes to help you follow along my new video series on how to grow your business using different sales channels. Victor Antonio Download video series from www.VictorAntonio.com (Free No Email Required)

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Channel Sales - Getting Your Products to Market using Sales Channels

Transcript of Channel Sales - Get Your Product to Market using Sales Channels

Page 1: Channel Sales - Get Your Product to Market using Sales Channels

Quick  Notes  to  help  you  follow  along  my  new  video  series  on  how    to  grow  your  business  

using  different  sales  channels.      

Victor  Antonio  

Download  video  series  from  www.VictorAntonio.com    (Free  -­‐  No  Email  Required)  

 

Page 2: Channel Sales - Get Your Product to Market using Sales Channels

NOT  FOR  EVERYONE    This  series  is  about  understanding  the  basic  of  using  Channel  Sales  to  grow  your  business.    It's  not  for  everyone.    -­‐  If  you're  a  "channel  expert",  this  isn't  for  you.    -­‐  If  you  don't  have  products  to  sell  through  channels,  this  isn't  for  you.      -­‐  If  you're  curious  about  using  channels  to  sell  more  but  are  unfamiliar  with  the  concept,  this  is  for  you!  

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Page 3: Channel Sales - Get Your Product to Market using Sales Channels

Channel  Sales  Scenario    

With  limited  resources  we  grew  annual  sales  from    

$14M  to  $98M    in  2.5  years  using  channels.  

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   Defining  the  Channels  -­‐  Online  -­‐  TelemarkeXng  -­‐  Retail  -­‐  DistribuXon  -­‐  Value  Added  Reseller  (VAR)  -­‐  Systems  IntegraXon  (SI)  -­‐  Salesforce  (sell  direct)    

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Product  Complexity    vs.  Channel  Type  

 Which  channel  you  use  depends  on  the  complexity  of  the  product.  

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Profit  Margin  Impact    

Each  channel  will  impact  your  profit  margin  so  choose  your  

sales  channel  carefully!    

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Complexity  vs.    TransacEon  Cost  

 Simple  products  can  go  through  lower  

transacXonal  cost  channels.        

The  more  complex  your  product  is,  the  more  you  want  to  use  the  higher  cost  channels.  

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Channel  Mix    &  OpEmizing  Profits  

 Selling  mulXple  products  requires  you  to  be  more  selecXve  when  it  comes  to  choosing    

a  sales  channel.        

This  is  the  key  to  managing  the  channel  mix!  

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Complex  Channel    Strategy  

 Use  the  product  -­‐  channel  grid  to  posiXon  your  product,  through  the  right  channel,  for  

the  right  client  in  the  right  market.  

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Revenue  Growth  Strategies    There  are  4  revenue  growth  strategies  that  you  can  use  with  your  Channel  Sales  Strategy.    -­‐  Customer  AcquisiXon  -­‐  Greenfields  -­‐  Upselling  -­‐  Cross-­‐Selling  

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Summary  &  Take-­‐Aways    -­‐  Right  Product,  Right  Market,  Right  Channel  -­‐  Profit  OpXmizaXon  -­‐  Train  and  Support  your  Channels  

   

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