Marketing Staff, Author at Zift Solutions All-in-ONE Channel Management Solution Mon, 28 Oct 2024 22:33:46 +0000 en-GB hourly 1 https://ziftsolutions.com/wp-content/uploads/2017/12/cropped-favicon-1-32x32.png Marketing Staff, Author at Zift Solutions 32 32 Unlocking Partner Potential: How Engagement and Enablement Fuel Growth https://ziftsolutions.com/blog/how-engagement-and-enablement-fuel-growth/ https://ziftsolutions.com/blog/how-engagement-and-enablement-fuel-growth/#respond Mon, 14 Oct 2024 21:33:05 +0000 https://ziftsolutions.com/?p=130302 The key to driving higher partner loyalty, faster sales, and long-term success. When it comes to building a successful IT […]

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The key to driving higher partner loyalty, faster sales, and long-term success.

When it comes to building a successful IT Channel program, partner engagement and enablement are the secret sauce. It’s not enough to simply bring partners into your ecosystem and expect results—you’ve got to actively empower them. The challenge lies in transforming your partners into high-performing, highly motivated extensions of your salesforce. This requires a deliberate, multifaceted approach that touches on training, onboarding, and personalized engagement strategies.

So, how do you deepen those relationships, accelerate productivity, and truly drive engagement? It starts with understanding that partner enablement isn’t just about throwing a few resources their way. It’s about offering the right tools, guidance, and experiences to ensure your partners feel supported, valued, and aligned with your goals.

Let’s break down the key areas that can give your partner program the edge it needs.

Enhancing Partner Training: Go Beyond the Basics

Many vendors provide training, but not all training is created equal. Partners need more than a few webinars or a static knowledge base. Training should be comprehensive, dynamic, and adaptable to different learning styles to accelerate productivity and boost partner engagement. Here’s how you can step it up:

  • Interactive Learning: Incorporate interactive modules, quizzes, and certifications to ensure partners not only complete training but actually retain and apply what they’ve learned. A Learning Management System (LMS) that allows for self-paced learning while tracking progress can make all the difference.
  • Role-Specific Training: Tailor training to the specific roles within your partner’s organization. Whether they’re in sales, technical support, or marketing, delivering content that resonates with their day-to-day responsibilities makes it easier for partners to execute and excel.
  • Continuous Enablement: Enablement doesn’t stop after onboarding. Ongoing education, new product updates, and training on the latest market trends keep your partners ahead of the curve—and more committed to your solution.

By keeping your training fresh and targeted, you equip your partners with the knowledge they need to sell more effectively and stay engaged long-term.

Improving the Onboarding Experience: Make It Seamless

First impressions matter—especially when it comes to onboarding. Too many Channel programs falter here, throwing partners into a complex maze of disjointed systems and outdated tools. You’ve got to do better than that if you want to see fast results.

Here’s how to enhance your onboarding process and get partners productive quickly:

  • Streamline the Experience: Keep onboarding smooth by simplifying the steps required to get up and running. Partners should have easy access to everything they need, from product demos to sales resources, without jumping through hoops or dealing with clunky portals.
  • Onboarding Playbooks: Create customized onboarding plans for each partner. Personalized playbooks with clear milestones, expectations, and resources tailored to their unique business model will make onboarding faster and more efficient.
  • Onboarding Support: Ensure that live human support is readily available to guide partners through onboarding hurdles. Whether it’s a dedicated support team or real-time chat options, having quick access to assistance can prevent partner frustration and churn.

A well-structured onboarding process can slash time-to-revenue, allowing partners to hit the ground running and stay engaged right from the start.

Personalized Partner Plans: One Size Doesn’t Fit All

Your partners aren’t clones. They vary in size, focus, market reach, and business model. So why are so many vendors still trying to fit them into one-size-fits-all partner programs? Personalized partner plans are critical for driving deeper engagement and productivity.

Here’s what you can do to tailor your approach:

  • Segment Your Partners: Divide your partners into tiers based on their potential impact, sales capacity, or level of engagement. Then, provide tailored benefits, resources, and incentives that align with each segment’s needs.
  • Custom Incentive Programs: Incentives should be more than blanket discounts or one-size-fits-all promotions. Offer targeted incentives that resonate with each partner’s unique motivations, whether it’s through enhanced margins, market development funds (MDF), or co-marketing initiatives.
  • Individual Growth Plans: Sit down with your partners and create personalized growth strategies. Regularly evaluate their progress and adjust the plan as needed. By showing that you’re invested in their success, you’ll build loyalty and drive higher engagement.

Personalization is the key to making each partner feel valued and supported, which translates into stronger, more productive relationships.

Why Partner Engagement and Enablement Are Game-Changers

Partner engagement is about more than making your partners “like” you—it’s about driving tangible results. Engaged partners sell more, stay loyal longer, and are more likely to recommend your solution to others. And enablement? That’s the engine that drives partner productivity. When partners have the tools, training, and support they need, they perform better—and that directly impacts your bottom line.

Are You Ready to Supercharge Your Partner Program?

Engaging and enabling your partners doesn’t have to be a guessing game. ZiftONE, the market-leading channel management software, was designed to make partner relationships thrive. With two decades of experience, we’ve built a platform that simplifies the chaos, helps you manage your entire partner ecosystem, and drives engagement through world-class enablement.

Happier partners happen here. Ready to pack a punch with ZiftONE? Say goodbye to confusing portals, disjointed tools, and mismanaged data. With ZiftONE, you’ll:

  • Improve the partner experience—and see your program success skyrocket.
  • Manage the entire journey from marketing and lead generation to sales.
  • Gain clarity with consistent oversight of your funnel.
  • Leverage rich analytics to hone in on the metrics that matter most.
  • Simplify program management with an all-in-one solution that scales as you grow.

Learn more about accelerating time to sale and driving profitable engagement by downloading our research report: Accelerating Channels, An Expert Perspective

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Solving Common Channel Management Issues https://ziftsolutions.com/blog/solving-common-channel-management-issues/ https://ziftsolutions.com/blog/solving-common-channel-management-issues/#respond Wed, 25 Sep 2024 14:19:47 +0000 https://ziftsolutions.com/?p=130287 Solving Common Channel Management Issues In today’s complex B2B ecosystem, traditional Partner Relationship Management (PRM) software is often criticized for […]

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Solving Common Channel Management Issues

In today’s complex B2B ecosystem, traditional Partner Relationship Management (PRM) software is often criticized for its inability to keep up with the fast pace of partner-led and influenced deals. While legacy PRMs once served a purpose, they’ve struggled to adapt to the demands of modern channel partnerships. Unifyr, the evolution of Zift Solutions, stands out as a comprehensive, AI-powered platform that unifies suppliers, partners, and agencies. It’s not just an updated PRM but a solution designed to solve the most pressing challenges in partner management.

Unifyr is more than just an updated PRM—it’s a comprehensive, AI-powered platform built to unify suppliers, partners, and agencies. It simplifies operations, enhances collaboration, and creates new growth opportunities, addressing the limitations that legacy PRMs often fail to resolve. Here’s how Unifyr tackles these challenges.

The Evolution of Partner Management: From PRM to Unifyr

Legacy PRMs often need to catch up in today’s interconnected value chains, but the journey from traditional PRM to Unifyr represents a significant transformation in channel management, not just an upgrade.

Revolutionizing the Partner Experience (PX)

One of the biggest criticisms of traditional PRMs is their poor partner experience, which is typically reduced to a “password-protected brochure” model with static libraries and limited engagement. Unifyr flips this model by creating an AI-driven, collaborative platform that empowers partners with personalized onboarding, guided training, and customized workflows.

Instead of simply pushing information, Unifyr makes partners active participants in the process, giving them the tools and resources to contribute meaningfully to your business. Recent insights from Jay McBain, Chief Analyst at Canalys, confirm that partners value ease of onboarding, personalized training, and clear objectives above financial incentives. Unifyr is built to address these priorities, empowering partners for growth and success.

Eliminating Data Fragmentation

Another common issue with legacy PRMs is fragmented data, where silos and a lack of integration obscure partner performance. Unifyr resolves this with seamless integration across your entire tech stack and real-time analytics that provide a clear, unobstructed view of your partner ecosystem, ensuring clarity and efficiency in your operations.

With ZiftONE, Unifyr captures metrics like lead conversion rates, sales cycles, and campaign engagement, offering actionable insights that help businesses make smarter decisions. This transparency ensures suppliers and partners have a 360-degree view of performance, fostering stronger, data-driven partnerships.

Scalability and Flexibility

Traditional PRMs often need help to scale efficiently as businesses grow their partner networks. Unifyr is built to scale seamlessly, whether your partners are resellers, system integrators, or co-selling entities.

Unifyr’s solutions—ZiftONE, Unifyr+, and UnifyrPro—offer flexibility for diverse partner ecosystems. Integrating with CRM and marketing automation systems, Unifyr breaks down data silos, ensuring a holistic view of your partner operations and allowing businesses to expand without being limited by rigid, outdated platforms.

Long-Term Strategic Alignment

Legacy PRMs focus on short-term transactional relationships rather than building strategic, long-term partnerships. Unifyr changes that by fostering a two-way collaboration model, where partners and suppliers collaborate to co-create value, develop strategic initiatives, and grow together over time.

With UnifyrPro, suppliers and partners collaborate on tailored channel strategies and co-marketing efforts, fostering deep relationships beyond short-term sales targets. This strategic alignment ensures that partners generate revenue and grow their skills and expertise in ways that benefit both parties for the long term.

Re-engagement and Activity

Disengagement is a common issue with traditional PRMs that rely on one-way communication. Unifyr resolves this by making partners active collaborators in co-creating marketing content, sharing best practices, and engaging in real-time supplier interactions.

Unifyr’s continuous learning features are a game-changer for partners. They ensure access to the latest training, resources, and tools, keeping partners engaged and confident in promoting your solutions. This approach turns partners into strategic allies committed to driving your success.

Why Unifyr Is the Future of Channel Management

The issues with traditional PRMs—poor partner experience, data fragmentation, lack of scalability, short-sighted relationships, and disengagement—have long frustrated businesses trying to build robust channel ecosystems. Unifyr is the solution that solves these problems by creating a unified, AI-driven platform that adapts to the evolving needs of modern B2B partnerships.

By focusing on collaboration, data integration, and scalable growth, Unifyr redefines partner management. It’s not just about managing transactions—it’s about building long-term, strategic partnerships that drive success for everyone involved.

The Key Takeaways:

  • Unifyr is the future of partner management, addressing the shortcomings of legacy PRMs.
  • With ZiftONE, Unifyr+, and UnifyrPro, businesses get a unified platform that simplifies collaboration, provides real-time data, and ensures scalability.
  • Unifyr enables businesses to move from transactional relationships to strategic, long-term partnerships that drive sustained growth.

Partner management isn’t obsolete—it’s evolving. Unifyr is at the forefront of this evolution, empowering suppliers, partners, and agencies to collaborate, grow, and thrive together.

Ready to see the future of partner management?

Visit www.unifyr.com to learn how Unifyr can help transform your channel strategy and drive unprecedented growth.

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Zift Solutions Shines with Bronze Stevie® Award Win for Great Employers 2024 https://ziftsolutions.com/blog/zift-solutions-shines-with-bronze-stevie-award-win-for-great-employers-2024/ https://ziftsolutions.com/blog/zift-solutions-shines-with-bronze-stevie-award-win-for-great-employers-2024/#respond Tue, 10 Sep 2024 17:53:34 +0000 https://ziftsolutions.com/?p=130196 Zift Solutions is proud to announce that it has won a Bronze Stevie® Award in the prestigious 2024 Stevie Awards […]

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Zift Solutions is proud to announce that it has won a Bronze Stevie® Award in the prestigious 2024 Stevie Awards for Great Employers.

Often referred to as the “Olympics for HR professionals,” the Stevie Awards for Great Employers recognize the best employers and HR achievements globally, spotlighting outstanding workplace culture, employee engagement, and leadership practices.

Unlike awards companies may pay to enter, this Stevie Award was earned through a rigorous application process. Laura Crawford, Chief People Officer at Zift Solutions, expressed excitement about the win, noting that the award showcases the company’s genuine dedication to fostering an environment where employees can thrive. “This recognition speaks volumes about the caliber of achievements we’ve put forward,” Crawford said. “We’re thrilled it highlights our true focus on employee engagement and professional development.”

What Makes Zift Solutions Stand Out

Zift Solutions has distinguished itself in areas crucial to modern employee satisfaction and engagement. The company’s efforts in employee engagement, professional development, and creating a culture of happiness were central to earning this accolade. These elements, combined with a focus on clear communication and fostering connections in a virtual work environment, make Zift an attractive place for current and prospective employees.

Some of the standout initiatives include:

  • Employee Engagement Programs: With an 89% employee participation rate, Zift’s initiatives focus on keeping employees connected and motivated through in-person and virtual activities.
  • Professional Development: Zift has prioritized development programs with 100% employee participation in learning programs designed to elevate business understanding and skill sets. The company has crafted customized training and group sessions to encourage team collaboration and growth.
  • A Culture of Happiness: By promoting a safe and inclusive work environment, Zift encourages employees to bring their authentic selves to work, leading to higher engagement and overall satisfaction.

Commitment to Customers Drives Company Success

Crawford highlights a common thread among Zift employees: their passion for customers. Whether through innovative solutions or customer engagement, Zift Solutions is committed to delivering outstanding client results. This dedication and clear communication about company strategy have kept employees aligned and focused on the company’s vision.

Leading the Way in a Competitive HR Landscape

The Stevie Awards take work to come by. This year, over 1,000 organizations from 35 countries were nominated for awards in various HR-related categories. More than 100 professionals participated in the judging process alongside a public voting system that garnered over 34,000 votes. The stiff competition and stringent selection process make Zift’s achievement even more remarkable.

The award celebrates the company’s internal success and its role as a trailblazer in modern human resources practices, mainly when employees demand more than just a paycheck—they seek meaning, growth, and alignment with the company’s values.

A Vision for the Future

Zift Solutions continues to foster an inclusive environment where employees feel valued and empowered. As the company embraces its new identity as Unifier, the core values that have driven its success remain intact. The focus on unity and alignment—having “one voice, one team, and one understanding”—ensures that employees and customers are part of a cohesive journey towards innovative solutions and customer satisfaction.

As Zift Solutions moves forward, this Bronze Stevie® Award is a testament to its commitment to its people and future success. The organization’s continuous investment in its employees and dedication to creating a positive, growth-focused work environment promises to keep Zift at the forefront of the industry for years to come.

Join us at Zift Solutions and learn more about career opportunities here.

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Creating a Repeatable MDF Program https://ziftsolutions.com/blog/creating-a-repeatable-mdf-program/ https://ziftsolutions.com/blog/creating-a-repeatable-mdf-program/#respond Wed, 24 Jul 2024 07:00:18 +0000 https://ziftsolutions.com/?p=130030 Best Practices for Consistent Partner Engagement Market Development Funds (MDF) are a channel staple. For years, vendors have offered MDF […]

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Best Practices for Consistent Partner Engagement

Market Development Funds (MDF) are a channel staple. For years, vendors have offered MDF to partners who then complain that the programs are too hard to use, not transparent enough, or don’t engage with them, which translates to lost opportunities and sales.

So, how do you create an engaging and successful MDF program that benefits you and your partners? And how do you design a program to make it easy, trackable, and repeatable? We asked the experts.

Three Key Practices

Ryan Morris, Principal at Morris Management Partners, shares, “The most effective MDF programs align with three key practices: 1) Initiative-based: zero entitlements for any partner, but no limits for partners who perform. 2) Outcome-centric: no product marketing messages, only customer result promises. 3) Human concierge-driven: big partners can be self-sufficient, but small partners will never grow in DIY programs. The bottom line is to invest in growth and not pay for past performance.”

Financial Considerations

The foundation of IT channels has remained the same since inception: when your partners succeed, you succeed. However, the tools and support they need have changed. Today, they are looking for influential event and digital marketing campaigns, advanced training, and sales enablement tools.

Dalyn Wertz, Executive Director of indirect Programs and marketing at Comcast Business, emphasizes the importance of understanding and efficiency in MDF programs: “As marketing resources and bandwidth are stretched in our industry, working efficiently is key. Understanding marketing trends and streamlining repeatable offerings with clear metrics and KPI goals will allow you and your team to work smarter and more efficiently.”

Successful companies and programs are all about the metrics. The simplest way to calculate this is MDF Program ROI = (Sales growth resulting from MDF Program – MDF Cost) / MDF Cost.

For instance, if a partner needs to increase the number of MQLs to hit a $20,000 opportunity in one quarter, you and the partner may determine the need for 300 MQLs. With an estimated cost per lead of $100, resulting in a $3,000 investment, you might share this cost with the partner. If your $1,500 investment results in $20,000 revenue, your ROI would be about 12 times.

Repeatable Processes

We all love an “easy button,” and being easy is the key to success when it comes to MDF programs. Michelle Ragusa McBain, Global Channel Chief, SonicWall, shares, “The purpose of market development funds is to help reinvest back into the partners that invest in us. Our goal is to drive mutual success by co-branding, co-marketing, co-selling, and imagining together!”

“We know many partners have multiple vendors they might work with to complete their solutions stack. In our numerous surveys of our SonicWall partners and through outside-in listening, doing business was a top priority. It was essential that we used automation and intelligence to drive a repeatable playbook of success for our partners. In addition, we partnered with ecosystem partners that can help innovative ideas foster growth and creativity to execute their business needs.”

Reporting and Feedback

Jen Waltz, founding vice president at Kron Technologies, highlights the importance of reporting and continuous feedback. “At Kron Technologies, we emphasize the importance of robust tracking and reporting systems for MDF fund usage and campaign performance. We recommend implementing automated systems that leverage CRM and marketing automation tools to integrate data seamlessly. Regular reporting for partners is crucial, showcasing critical metrics such as lead conversion rates, sales impact, and overall campaign effectiveness.

Moreover, continuous feedback and improvement are vital. Regularly soliciting feedback from partners on the MDF process, understanding their challenges, and gathering their suggestions for improvement allows us to make necessary adjustments. We continue refining and enhancing our MDF program by utilizing this feedback and performance data to ensure its effectiveness and relevance.”

About ZiftONE: Make Your Partner Experience Legendary

ZiftONE’s Partner Relationship Management platform simplifies the partner experience. It provides training, a collateral library, and detailed reporting. ZiftONE users saw a 34% reduction in time-to-revenue for partners. Features include a portal builder, integrated training, and advanced analytics. 

Read more about Unlocking the Potential of Market Development Funds in our e-book.

Creating a successful MDF program starts with listening to your partners’ needs, asking questions, and showing you are interested and curious about their business and success. Our industry experts agree that the keys are setting clear expectations, investing in growth, and using automation to create a successful MDF program with increased partner engagement.

Recommended reading from additional industry experts: Investment with Market Development Funds (MDF) and Beyond for Partners

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Maximizing Partner Engagement During Summer https://ziftsolutions.com/blog/maximizing-partner-engagement-during-summer/ https://ziftsolutions.com/blog/maximizing-partner-engagement-during-summer/#respond Thu, 11 Jul 2024 14:58:24 +0000 https://ziftsolutions.com/?p=130008 Innovative Strategies for Success Charles Bowen said, “Summertime is always the best of what might be.” And as the days […]

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Innovative Strategies for Success

Charles Bowen said, “Summertime is always the best of what might be.” And as the days grow longer and vacations become the norm, maintaining partner engagement can be challenging. 

However, with strategic planning and creative approaches, you can keep your partners engaged and foster stronger relationships, which can be a winning season for your channel program.

Here are a few recommendations on how to make the most of the summer season:

Offer Engaging and Thematic Content

Desraie Thomas, of Ostendio, shares, “In Calgary, we have the Calgary Stampede. Most businesses will host a client event during this time. Examples: pancake breakfast, BBQ with music, and then because the city is so busy, you can think of a budget and event, and there will be an option. 

Summertime is an excellent time for business development, doing things that lighten your partner’s heart. It isn’t necessarily about the close but about the relationship. Communities are amazing during the summer, with most cities hosting many local events. Who are your community partners? Where are they? Are they sponsoring any events that you can participate in? 

Host a community market, giving your Partners (depending on who they are) a place to showcase what they offer. It shows you care about their business and want to support them.”

Schedule and Plan Ahead

Plan essential meetings well in advance to accommodate vacations, showing respect for your partners’ schedules. Summer often brings downtime, a perfect opportunity to encourage your partners to engage with your training and certification materials over extended periods, allowing them to interact with your content at their convenience. Utilize ZiftONE’s Channel Learning tools to provide engaging and valuable learning experiences that keep your partners’ skills sharp and ready for the busy seasons ahead.

Personal and Meaningful Communication

Heather Margolis, President and CEO of Channel Maven, recommends ” taking a more casual and personable approach to communication. Have the channel leader create videos that are not overly produced. On their smartphone, sitting outside on a hike, or at the golf course. Speak directly to the partner’s pain points and give them advice. “

Add Value with Special Offers and Events

Michelle Accardi, CEO of Liongard, offers the following suggestions: “To keep partners engaged during the summer months, it’s crucial to maintain consistent communication and provide them with valuable resources. Hosting virtual events, webinars, and training sessions can help keep them informed and motivated. Additionally, offering special incentives and exclusive promotions can drive engagement and show our appreciation for their continued partnership. By fostering a sense of community and support, we can ensure our partners remain active and enthusiastic throughout the summer.”

Be Prepared and Flexible

Prepare for emergencies by having backup contacts in place. Offer to meet your partners at their preferred locations, showing flexibility and respect for their time. This approach makes it more likely they’ll agree to meet and stay engaged.

Create Excitement with Promotions and Giveaways

Hold exclusive summer promotions and giveaways to entice engagement. Highlighting the limited-time nature of these offers can prompt action from your partners. Keep the content lighthearted and informal to match the summer vibe, saving more technical posts for other times of the year.

How ZiftONE Can Help: Enhancing Partner Experience for Better Revenue

Because better partner revenue starts with a better partner experience, your business and data silos are holding you back. Marketing leaders are drowning in vanity metrics. Channel Account Managers spend more time with spreadsheets than partners. ZiftONE makes it easy for channel leaders to collaborate internally and with partners to build pipelines and win buyers.

  • ZiftONE Partner Management: Through customized, highly intuitive admin dashboards, ZiftONE makes it easy—and enjoyable—for your partners to stay engaged with your brands.
  • ZiftONE Channel Sales: Give your PAMs/CAMs the data they need to focus partners on high-value activities, keep them armed with the right information, and hold them accountable for their performance.
  • ZiftONE Channel Marketing: ZiftONE allows you to easily manage multi-touch digital marketing campaigns designed to generate leads and support daily pipeline growth.
  • ZiftONE Channel Learning: ZiftONE gives you powerful tools for webinar management, testing and exams, partner certifications, and more.

By adopting these combined strategies and leveraging ZiftONE’s capabilities, you can turn the summer season into an opportunity for innovation, connection, and growth. Show your partners you value their time and engagement, and you’ll build stronger, more lasting relationships.

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Measuring for Success https://ziftsolutions.com/blog/measuring-for-success/ https://ziftsolutions.com/blog/measuring-for-success/#respond Thu, 27 Jun 2024 07:35:26 +0000 https://ziftsolutions.com/?p=129941 How to Identify and Track the Right Metrics Your business thrives when you effectively measure and track the right metrics. […]

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How to Identify and Track the Right Metrics

Your business thrives when you effectively measure and track the right metrics. Metrics provide a framework for evaluating performance, making data-driven decisions, and driving growth and innovation. For IT vendors, identifying and tracking these success metrics is crucial to staying competitive and achieving business goals. However, finding the metrics that matter most and not getting lost in a sea of data points can be challenging.

Understanding Success Metrics

Success metrics are measurable values organizations use to gauge their progress toward specific objectives. These metrics can be quantitative or qualitative, depending on the business goals and the type of metric. By tracking these metrics, businesses can objectively assess their performance, identify areas for improvement, and align their strategies with their goals.

Key Success Metrics for IT Vendors

  • Revenue Growth: Measuring the increase in sales over a specific period indicates the effectiveness of your sales strategies and market demand for your products.
  • Customer Acquisition and Retention Rates: These metrics show how well you attract new customers and retain existing ones. High retention rates often correlate with customer satisfaction and loyalty, which, in turn, boosts revenue growth.
  • Profit Margins: Profit margins reflect the efficiency of your operations and the profitability of your sales. Monitoring both gross and net profit margins is essential to understand your financial health.
  • Market Share: This metric helps you understand your position in the market relative to competitors. Increasing market share indicates successful competitive strategies and the value your channel partner places on your relationship.
  • Customer Satisfaction: Measuring customer satisfaction through surveys and feedback can provide insights into customer experience and areas that need improvement. Include customer satisfaction and NPS (Net Promoter Score) in your monthly review metrics and consider placing customer satisfaction scores in your partner programs.

Setting Up Success Metrics

Establishing the right success metrics involves several key steps:

  • Define Your Business Goals: Start by clearly defining your business goals and objectives. Your goals will guide you in identifying the specific metrics that align with them. For example, if your goal is to increase market share, focus on metrics related to sales growth and customer acquisition.
  • Align Metrics with Your Strategy: Ensure that the metrics you choose align with your overall business strategy. Each metric should provide insights into a specific aspect of your strategy, such as customer acquisition, revenue growth, or operational efficiency.
  • Prioritize Actionable Metrics: Focus on metrics that can drive significant improvements in your business. Avoid vanity metrics that do not impact your bottom line or strategic goals. Actionable metrics provide insights that lead to meaningful actions and business growth.
  • Consider Industry Benchmarks: Research industry benchmarks to understand how your metrics compare to those of competitors. This will help you set realistic goals and identify areas for improvement.
  • Leverage Technology and Analytics Tools: Utilize advanced analytics tools to efficiently collect, analyze, and visualize data. Tools like ZiftONE provide customizable dashboards that make it easy to monitor and interpret your metrics, ensuring you have the insights needed to drive success.
  • Continuously Evaluate and Refine: Regularly review and adjust your metrics to ensure they remain relevant and aligned with your evolving business goals. As your business and the market change, your success metrics should adjust accordingly.

The Role of ZiftONE in Measuring Success

ZiftONE is designed to help IT vendors streamline their operations and enhance their partner relationships by providing comprehensive solutions for sales, partner management, and channel marketing.

  • ZiftONE Channel Sales: Equip your Partner Account Managers (PAMs) and Channel Account Managers (CAMs) with the data they need to focus on high-value activities, stay informed, and remain accountable for their performance.
  • ZiftONE Partner Management: Through user-friendly, customizable admin dashboards, ZiftONE makes it easy and enjoyable for your partners to stay engaged with your brand, fostering stronger relationships and better performance.
  • ZiftONE Channel Marketing: ZiftONE empowers you to take control of multi-touch digital marketing campaigns designed to generate leads and support pipeline growth continuously, ensuring your marketing efforts are always aligned with your business goals.

What Gets Measured Gets Done

John E. Jones said, “What gets measured gets done, what gets measured and fed back gets done well, what gets rewarded gets repeated.” Not all metrics are right for every business or program. Measuring for success involves identifying and tracking the right metrics that align with your business goals and strategies. Leveraging tools like ZiftONE can assist IT vendors in streamlining their operations, enhancing partner engagement, and driving significant business growth. Remember, you need to report, iterate, and repeat measurements to keep them current and actionable.

To learn more about how Zift Solutions and the ZiftONE product offering can help you achieve your business goals, visit our website or contact our team for a personalized consultation. Let’s measure for success together.

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How AI is Revolutionizing Channel Marketing Strategies https://ziftsolutions.com/blog/how-ai-is-revolutionizing-channel-marketing-strategies/ https://ziftsolutions.com/blog/how-ai-is-revolutionizing-channel-marketing-strategies/#respond Mon, 24 Jun 2024 13:50:03 +0000 https://ziftsolutions.com/?p=129934   As channel companies seek ways to optimize their marketing strategies and stay ahead of the competition, it’s the topic […]

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As channel companies seek ways to optimize their marketing strategies and stay ahead of the competition, it’s the topic on everyone’s marketing BINGO card. Artifical Intelligence (AI).  With its ability to analyze large amounts of data and provide actionable insights, AI is revolutionizing how channel marketing strategies are developed and executed. However, great channel marketing still comes from experienced marketers who know how to harness AI to maximize their output.

Benefits of Using AI in Marketing

AI enables businesses to scale without incurring high human costs, making it an invaluable asset in modern marketing strategies. The benefits of doing more with less are clear.

Greater Accuracy in Targeting Audiences

AI enhances audience targeting accuracy, allowing businesses to pinpoint their most promising potential customers with precision:

  • Customer Data Analysis: AI sifts through customer data and behavior patterns to create detailed customer personas. This understanding enables businesses to cater more effectively to their audience’s needs and preferences.
  • Multi-Channel Engagement Tracking: By monitoring customer interactions across various channels, AI helps marketers deliver highly relevant and personalized experiences.
  • Predictive Analytics: AI predicts how users will interact with a brand, allowing marketers to tailor their messaging to individual preferences.
  • Resource Optimization: By identifying potential customers and their behaviors, businesses can craft targeted marketing messages, saving time, money, and resources.

Improved Efficiency in Marketing Operations with AI + Marketers

Incorporating AI into marketing strategies significantly boosts the efficiency of marketing operations. By automating tasks such as data analysis and customer segmentation, AI frees marketers to focus on higher-level tasks requiring human ingenuity and creativity:

  • Data Processing Speed and Accuracy: AI quickly and accurately processes vast amounts of data, enabling marketing teams to make informed decisions and develop effective campaigns.
  • Automated Customer Interaction: AI-powered chatbots handle customer inquiries and complaints, reducing response times and enhancing the overall customer experience.

These improvements streamline marketing operations, allowing for more strategic and impactful campaigns.

Enhanced Customer Experience

AI plays a crucial role in enhancing the customer experience by increasing satisfaction and engagement:

  • Customization: AI analyzes customer data to create unique experiences tailored to individual preferences and interests.
  • Personalization: AI leverages data from past interactions to offer personalized solutions and support, making customers feel valued and understood.
  • Faster Response Times: AI-powered chatbots and customer service agents provide quicker, more efficient support, leading to higher customer satisfaction. However, don’t let a chatbot replace people when a customer needs to talk with your team.
  • Predictive Analytics: By anticipating customer needs, AI delivers relevant recommendations even before customers realize they need assistance.

AI fosters increased customer satisfaction and loyalty by providing personalized, efficient, and practical support.

Real-World Examples

Netflix’s AI Personalization Netflix’s ability to recommend shows and movies with uncanny accuracy is a testament to the power of AI in action. The platform analyzes viewing habits and preferences to suggest content that viewers are likely to enjoy, enhancing user experience and engagement.

Sephora’s AI Chatbot Technology Sephora, a beauty industry leader, has leveraged AI chatbot technology to transform the shopping experience. Recognizing that customers often feel overwhelmed by product choices, Sephora introduced an AI-driven interactive quiz. This digital beauty consultant provides personalized advice based on individual customer responses, making the shopping experience more manageable and enjoyable. The success of Sephora’s chatbot technology led to the launch of a chatbot-powered shopping service on Facebook Messenger, offering virtual color matches, booking sessions, and interactive beauty tips through KikBot, an autonomous, chatty makeup guru.

What does this mean for Channel Marketers?

AI is revolutionizing channel marketing strategies for IT vendors. By enhancing audience targeting accuracy, improving operational efficiency, and elevating customer experience, AI empowers businesses to create more effective and impactful marketing campaigns. However, the best results come from marketers who use AI to automate repetitive tasks and highlight data and trends, allowing them to craft excellent partner marketing campaigns. AI is a powerful tool that helps good marketers become great, making their work more efficient and effective without the need to hire additional staff.

Zift Solutions: Empowering Channel Marketers

Zift Solutions boots ROI. As the top Through-Channel Marketing Automation tool, ZiftONE streamlines marketing and communications.

With 20 years of experience, ZiftONE addresses channel challenges and eliminates data issues. Founded in 2006, Zift Solutions offers strategic guidance and seamless tool integration, enabling channel marketers to focus on strategy and creativity. Ready to add AI to your channel marketing toolkit? Contact us today.

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