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Happy Leap Year!

In this month's edition of Ahead of the Curve, we offer a twist in thinking about the most important person you need to sell on your partner business proposition. Hint: it's not the partner!

Regards,
jw signature
John Wilkinson
jwilkinson@thoughtwav.com









Perfume on the Pig!

I've changed banks four times in the last ten years, without ever leaving the first one. Four acquisitions later, I'm now a customer of the second largest bank in the country.

After the last acquisition, the bank was retrofitted with bright new colors, high tech furniture, glass office walls and a big screen TV that plays CNN non-stop while customers wait in line. All of this seems strangely out of place in the welcoming yellow Victorian located in a quaint residential neighborhood.

For years, when I walked into the bank, the tellers and the manager greeted me by name. Linda, the new accounts manager, always asked about my business and my family. Employees seemed genuinely pleased with their jobs and represented the bank well. Over time, my wife and I opened two business accounts and our personal account with the bank, as well as refinanced our mortgage.

But, like the new car smell that fades with each fast food wrapper lost under the seat, each acquisition removed a little more of the bank staff's enthusiasm for their employer. One of the tellers retired early; the manager was traded for a new, younger Ken; and Linda looked tired. Over time, comments about "Corporate" started to hang in the air, and one day, Linda's desk was empty. The last time I pulled up to make a deposit at the drive-through window, I waited long enough to realize that going into the bank would be faster. I ran in to find the ATM closed and the tellers "heads-down" counting money. I approached a teller who muttered "next window please" without looking up. I deposited my millions with the next teller and left without a "thank you." Let's just say, the pig doesn't smell so good anymore.

So, it may not be much of a stretch to understand why I'm in the market for a new bank. I'm simply no longer convinced that the employees believe in the company or products they represent. And, while I don't need to be best friends with my banker, I do want to deal with people who understand and appreciate my business, and will roll up their sleeves to go to bat for me should I need it.

Similarly, when selling to your partners, no amount of perfume is going to compensate for a business proposition - and the resulting program - that lacks the support of your sales team, who is arguably your first and most important "customer." Resist rushing to market with "the flash" in favor of spending time with your salespeople to ensure they buy in first. How so, you ask?

1) Make Sales a part of the design process. Ideally, select the most vocal,
    cynical reps you can find. If they get the chance to participate in the
    solution, they will be your strongest advocates to the rest of the sales team.

2) Enlist Sales to test your business proposition and program with select
    partners
. This could mean working with a third party to orchestrate focus
    groups with partners or conducting objective interviews. Either way, your
    strongest reps will view this as an opportunity to elevate their and the
    company's value to their partners.

3) Let the training begin once your business proposition and program have
    passed muster with your primary sales constituents. And, the process of
    training Sales is a multi-faceted process, not a drive-by PowerPoint sent over
    email. Effective training uses various media (webinars, Podcasts, FAQ
    documents, etc.) and ensures that reps have had multiple opportunities to
    participate. Further, all materials should be readily catalogued and accessible
    on an ongoing basis.

4) Ensure that all operational processes and resources are in place to
   deliver against program elements
. Better to execute a limited program
   flawlessly than a comprehensive program that falls flat because the back-end
   resources are not in place. Your sales folks can stand up for the company for
   only so long before their credibility is on the line.

At the end of the day, all the perfume in the world isn't going to make that pig smell better. And, while getting it right with Sales isn't always easy, it's critical in getting ahead of the curve with your partners. Oink!


Clients Seeking Candidates

  • Product Marketing Manager - Boston area
  • Channel Account Manager - United Kingdom
  • Inside Sales Representative – Wallingford, CT
  • Product Marketing Specialist/Associate - Boston area

If you know of anyone who might be interested, please have him or her contact us for more information.

Thoughtwav helps companies build and execute profitable go-to-market strategies through direct, partner and alliance channels.

email:  jwilkinson@thoughtwav.com
phone: 781-652-8727




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