Improving Partner Performance by Combining Channel Management and Partner Portal

A partner portal is a web-based application you can use to improve partner performance. The continuity of excellent performance within a distribution network is dependent on constant improvement. This is severely important especially during these tough economic times where numerous channel-centric industries are experiencing a wide array of challenges and problems.


channel management solutions

The special design of these portals increases the collaboration and communication amongst partners and between manufacturers and partners. Channel members are able to gain access to important information, resources, leads, programs, incentives and so much more. Moreover, managers will be able to provide them with the support necessary for them to perform optimally and become substantially more productive. Parent companies will be able to enjoy an increased transparency of operations and performance. They will be able to identify high-performing and underperforming affiliates and act accordingly.

However, a company that is equipped with the most recent and best technology, solutions and software cannot successfully vie for success. This is because having a partner portal is not enough. Business owners should do well to use the best strategies in channel management and combine it with an excellent partner portal. This is the best way to overcome a variety of problems such as the lack of communication and collaboration across a channel, failure to collect and analyze appropriate data, lack of business alignment, the vendors’ tendency to focus on high-performance affiliates, and unappealing incentives.

With the help of channel management strategies and a partner portal, companies should do the following to improve the performance of partners: look beyond performance; collect and analyze the right kind of data and information; communicate and collaborate effectively; and provide rewards and incentives. Achieving all of this will most likely guarantee a significant improvement in performance. A great tip that all channel-dependent companies should remember is that partners are essential to the distribution network and deserve fair treatment.