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More Partnering Is Happening All Around

08.10.16

The following is an excerpt from our 2016 State of Partnering report: 10 Trends for a 2020 Vision, using survey responses from over 100 vendors, 200 solution providers and years of industry data. 

Partners engage with more partners, and with more vendors.

As the transaction model shifts to the cloud and channel partners become more ingrained in developing full solutions for customers, they will develop more partnerships as well. We’ve been talking about peer-to-peer or partner-to-partner relationships for almost a decade. In the age of reselling in 2006, the thought was almost unimaginable. VARs only partnered with other VARs under duress – in cases when they needed to partner for the bench strength to service customers with dispersed regional offices. This year, nearly 40% of solution provider respondents reported regularly partnering with an average of three to five other solution providers. And 30% of respondents regularly partner with six to eight other solution providers. This is a 10% increase over just last year. And less than 10% reported they didn’t partner at all with other solution providers. In ten years, we’ve had a complete reversal of these metrics.

Topics: Channel Best Practices

How Are You Helping Your PAMs Evolve?

08.03.16

By Diane Krakora, CEO

How would you define your partner account managers (PAMs)? Are they reactive, fighting fires and responding to partner issues, or are they proactive, helping partners improve their relationship with your company?

If you answered “reactive,” you’re not alone. For so long, the role of PAMs has been just that, focusing mainly on onboarding new partners and taking care of the needs of current partners. The PAMs of yesterday were designed to be reactive in nature.

Topics: Partnering Tips, Channel Best Practices

5 Traits of a Rock Star PAM

07.27.16

Awesome Partner Account Managers are critical to channel success.

By Diane Krakora, CEO

I was a Channel Account Manager two, maybe three, decades ago. Way back then, the role was primarily reactive and somewhat administrative. I recruited new partners into my territory, harangued them to a sales goal, ate a ton of bad pizza during “lunch and learns,” and chased stocking orders through distribution. Although the role of the Partner Account Manager has changed to a more pro-active business adviser to your set of partners, the underlying traits of a successful PAM haven’t changed much.

Topics: Channel Best Practices

4 Ways Automation Streamlines PAM Activity

07.20.16

Good PRM Tools Help Turn Your PAMs Into Rockstars

By Chris Smith, Vice President of Technology

Is your PRM solution (if you have one) built to turn your Partner Account Managers (PAMs) into rockstars? PAMs (or Channel Account Managers – CAMs) are the face of your company to your partners. According to our 2016 State of Partnering Report, the preferred way a partner would like to interact with their vendor is through a Partner Account Manager.

Topics: Channel Best Practices, PRM

The New PAM Role: Relationship Success Manager

07.11.16

The partner account manager is your primary connection point to partners.

It is always sad when a relationship doesn’t work out. Both sides have put time and effort into the partnership, and at least one side didn't get the results they wanted.

You may think this is harsh, but we consider the partner account manager (PAM) at fault for every solution provider relationship gone awry. Don’t scream. We know they can’t control every factor of the vendor/solution provider relationship. However, as the designated primary point of connection between the two organizations, they are responsible for communication and collaboration.

Topics: Channel Best Practices

What the Heck is Partner Enablement?

06.29.16

... And Why Should You Care?

By Diane Krakora, CEO

In our most recent webcast, “From Programs to Initiatives: Trends in Partner Enablement,” Michelle Hodges, VP Global Strategy and Programs at Riverbed, and I discussed what it takes today to enable partners across types and program tracks. Among many other topics we tackled the core question: “What is enablement, anyway?

Topics: Channel Best Practices

Tech Channel Video Cast: Challenges of MDF & Awareness Marketing

06.20.16

Help partners fill the pipeline.

This week, host Diane Krakora, CEO of PartnerPath and recurring guest Peter Thomas, CEO of Averetek, further discuss the importance of top of funnel (TOFU) marketing. Some vendors are hesitant to give partners MDF funds for this type of awareness building. Why is that? And how can these concerns be addressed?

Topics: videocast, Channel Best Practices

PRM is for partners, don't make it too spicy

06.16.16

By Chris Smith, Vice President of Technology

I really enjoy cooking and I do most of the cheffing in our household. I also happen to love spicy food and often cook spicy dishes. Recently, we had friends over for dinner and I made a new recipe, sampling the dish throughout its preparation, and to my taste it was expertly seasoned. But alas, I wasn’t the only one eating the meal. I subjected my guests to dinner that was too spicy!

Topics: Channel Best Practices, PRM

6 Steps to Launch a Lasting Partnership

06.08.16

By Diane Krakora, CEO

As a company focused on perfecting partnering between organizations, we’ve been reflecting on our recent partnership with Averetek. In a new partnership, sometimes everything falls into place quickly and other times you must be diligent with checklists, meetings and emails to get everything in order. In fact, we believe there are six key steps to launching a lasting partnership. We've made smooth, steady progress in our new venture with Averetek, and here's a self-check in the mirror to see how it's going.

Topics: Channel Best Practices

Tech Channel Video Cast: Partner Marketing Needs TOFU

06.03.16

Teach partners the importance of marketing.

This week, hosts Charlene O'Hanlon, channel industry editor & writer, and Diane Krakora, CEO of PartnerPath, were joined by Peter Thomas, CEO of Averetek. Building upon the discussion in a recent webinar on "Marketing Musts," they talk about to, with and through partner marketing and the importance of helping partners understand all the stages of the customer lifecycle. 

Topics: videocast, Channel Best Practices