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Becoming a Channel Leader in a Channel Manager World November 14, 2012 Peter Weedfald President Gen One Ventures Jeff Messer GM Brand Protection Services Channel IQ Channel IQ | Brand & Channel Bootcamp

Channel IQ - Becoming a Channel Leader in a Channel Manager World

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Are you doing the things you need to maximize your manufacturer/retailer relationships? Manufacturing Brands don’t need more managers; it’s time for the leaders to step up. This is from the Channel IQ Webinar November 14, 2012 - Brand and Channel (B&C) Boot Camp | Becoming a Channel Leader in a Channel Manager World. In this frank discussion about manufacturer/retailer relationships, industry leader Peter Weedfald, former SVP and CMO of Circuit City, SVP of sales and marketing for Samsung Electronics, ViewSonics Corporation, and President of General Displays and Technologies; and Jeff Messer GM of Brand Protection for Channel IQ discussed best in class strategies for: - Overcoming the gap in consumer education around “authorized retailers” - Getting back to the “Four P’s” into your retailer strategy - Leading your retailer to better margins - Creating lasting, trusted relationships with your retailer - Helping your retailers create differentiation in the market Enjoy and feel free to comment or contact us with any questions. Get your free partner badge at http://bit.ly/ciqbadge-signup

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Page 1: Channel IQ - Becoming a Channel Leader in a Channel Manager World

Becoming a Channel Leader in a Channel Manager World

November 14, 2012

Peter Weedfald President Gen One Ventures Jeff Messer GM Brand Protection Services Channel IQ

Channel IQ | Brand & Channel Bootcamp

Page 2: Channel IQ - Becoming a Channel Leader in a Channel Manager World

Peter Weedfald President Gen One Ventures Peter Weedfald is President of Gen One Ventures. The company works non-exclusively and directly for GE providing sales, marketing, operations, product management & retail channel consulting insights across GE Licensing’s family of business partners. Mr. Weedfald’s past experience includes SVP and CMO of Circuit City Corporation, SVP of Sales and Marketing in North America for Samsung Electronics, SVP of global marketing and EVP, GMM of Internet Appliances for the ViewSonic Corporation, and various executive VP, Publisher, Sales and Marketing positions at Ziff-Davis Publishing and Ziff Davis.

Page 3: Channel IQ - Becoming a Channel Leader in a Channel Manager World
Page 4: Channel IQ - Becoming a Channel Leader in a Channel Manager World

· Getting back to the “Four P’s” in your retailer strategy · Leading and partnering with your retailers to ensure profitable margin pools · Creating lasting, trusted brand relationships with your retailer · Helping your retailers create differentiation for their own brand Gen One Ventures Supposition 1. PVC: price, value, cost. 2. Speed of change and opportunity: causes irrational channel strategies. 3. Impossible: to solo advertise your way to brand and product greatness. 4. The manufacturer: must become build an ambient substrate, be the publisher. 5. Articulation of demand: relating and creating the 4P’s and the 4A’s as one. 6. Complexity: is the refuge of the unsure. 7. Questions: are the answers through the dignity of knowledge. 8. Choice not chance: through smart organizational leadership. 9. Draft: never stand alone. 10. There is no difference: between sales and marketing.

Are you maximizing your manufacturer/retailer opportunities?

Page 5: Channel IQ - Becoming a Channel Leader in a Channel Manager World

There is no difference between selling and marketing!

Page 6: Channel IQ - Becoming a Channel Leader in a Channel Manager World

CHO

ICE

NO

T CHA

NC

E

There is no difference between selling and marketing!

Page 7: Channel IQ - Becoming a Channel Leader in a Channel Manager World

Example Knowledge Points: Exhibition ROI & ROR

PRODUCTS

BRAND

PROMISE

CHANNELS

REVENUE

PROFIT ROI

e-DIGITAL

PLATFORM

•Sales: There is no business without profit margins •Profit: There is no profit without product productivity •Plans: There is a business plan for every product •Marketing: Below the line and above the line as one

SMART BUSINESS GROWTH

COMPETITIVE MARKET MAKING OPPORTUNITY

•Identify key competitors strengths and weaknesses • Capitalize on 4 P’s

• Expand the market

•Business Plans

BRAND EQUITY •Unaided Awareness: 18 (‘09) 26 (’00) •Positive Opinion: YOY, MOM, WOW •Brand Equity: surpass target competitor •Channel Equity: competitive data • Market Sensing: promise and measure RATIONAL & DRAFTING

CHANNEL STRATEGY

• Strengthen 80/20 rule channel partners • Build your channel partners brand

• Never compete against your channel • Always profit your channel and they in

turn will profit you

INFRASTURCTURE PLATFORM FOR GROWTH

•e-CRM, Multiple micro-sites, Social Engineering, email marketing •e-commerce, e-detailing team, mobile marketing

Page 8: Channel IQ - Becoming a Channel Leader in a Channel Manager World

Marketing Selling

Is there a difference between selling and marketing in your company?

Page 9: Channel IQ - Becoming a Channel Leader in a Channel Manager World

ARBITRAGE

Page 10: Channel IQ - Becoming a Channel Leader in a Channel Manager World

Optimizing Arbitrage Versus Your Direct Competitors

Authorization Allocation Advertising ARBITRAGE Product Pricing Placement Promotions

NEGOTIATION (PUSH)

SELL THROUGH (PULL)

PRODUCT MANAGEMENT (PUSH)

SALES ORGANIZATION (PULL)

Retailers & Distributors 4 A’s

Manufacturers 4 P’s

Page 11: Channel IQ - Becoming a Channel Leader in a Channel Manager World

e-Video Clips

Celebrity Event - Draft

Detailing Market Sensing

Creative Promos

Hollywood

Marketing

PR & Analyst Relationships Active

Web Simulcast

e-Commerce

Blog Chatter

Sports Marketing

e-video Broadcast

Internet Search Radio

Social Engineering

e-Mail Marketing

Cause Marketing

CRM Mining

Loyalty And Reward

e-Monitoring

Selling

ARBITRAGE

Page 12: Channel IQ - Becoming a Channel Leader in a Channel Manager World

There is no difference between sales and marketing!

Page 13: Channel IQ - Becoming a Channel Leader in a Channel Manager World

Are you maximizing your manufacturer/retailer opportunities rationally?

Page 14: Channel IQ - Becoming a Channel Leader in a Channel Manager World

Jeff Messer GM Brand Protection Services Channel IQ For over 15 years, Jeff Messer has been an innovator in manufacturing and retail industries by creating, developing, and managing complex sales and marketing channels. Prior to Channel IQ, Jeff was the Director of eBusiness and Digital Marketing for BTI, a manufacturer of computer peripherals and power accessories. His work at BTI was a natural evolution from his eight year tenure as the National Sales Director at Channel Intelligence, where Jeff worked with numerous Fortune 500 brands. Jeff is a bit of an enigma in the manufacturing and service world; having applied his “The Road Less Travelled” business philosophy to create successes time and again.

Page 15: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Page 16: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ 16

Page 17: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Making Authorized Easy

Authorized Retailer Badging Program Why Badging?

Page 18: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Until Now… CIQ Verifies:

Consumer is buying from an authorized

retailer

The product is guaranteed under warranty

The retailer and manufacturer will stand behind the sale

But not one system has been able to provide Product Authorization

Some of the badges common to eCommerce:

Guaranteed Safe Transactions Financial data & payments

Quality Customer Service Satisfaction & service levels

Warranty Coverage Product warranty, for an additional price

Authorized Retailer Badging Program We’re Building a Good Idea

Page 19: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Some of the badges common to eCommerce:

Guaranteed Safe Transactions Financial data & payments

Quality Customer Service Satisfaction & service levels

Warranty Coverage Product warranty, for an additional price

Authorized Retailer Badging Program We’re Building a Good Idea

Page 20: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Logistical burden for manufacturers and retailers to change content across hundreds of product pages.

Current graphics are easy to copy and paste.

No trusted third parties to verify relationships and unauthorized merchants falsely make the same promises as retailers who follow the rules.

Authorized Retailer Badging Program Why Current Approaches Don’t Work

Page 21: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Consumer confusion and lack of awareness as to what an authorized retailer is, and what they offer than an unauthorized retailer can not.

Authorized Retailer Badging Program Why Current Approaches Don’t Work

Page 22: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Authorized Retailer Badging Program What is Badging?

Your Logo Here

1st real time Product Authorization System

for online retailers

Page 23: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Eliminate many of the common barriers to instilling online consumer confidence and put messaging control back in the hands of your partnership.

Manufacturers Retailers

Ease of content/design management

Dynamically generated content Badge plagiarism detection Customized messaging

explaining relationship with retailers

Ability to syndicate offers and promotions

Real-time traffic analytics

Easy to implement Scalable effort (One and done)

Protects credibility Educate customers about

reliable online retailers Detailed product level traffic Higher sales conversion

Authorized Retailer Badging Program The Benefits of Authorized Retailer Badging

Page 24: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Retailers

Manufacturers

Authorized Retailer Badging Program The Benefits of Authorized Retailer Badging

Scalable Industry Solution

Page 25: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Step 1 Create Badges for syndication

Authorized Retailer Badging Program How it Works

Page 26: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

We work with your authorized retailers to get CIQ code added to their site

Step 2

Authorized Retailer Badging Program How it Works

Page 27: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Your CIQ Badges appear on every product page on every page load

Step 3

Authorized Retailer Badging Program How it Works

Page 28: Channel IQ - Becoming a Channel Leader in a Channel Manager World

B&C Bootcamp | Becoming a Channel Leader in a Channel Manager World | November 14, 2012 | © 2012 Channel IQ

Authorized Retailer Badging Program How do we get started?

Page 29: Channel IQ - Becoming a Channel Leader in a Channel Manager World

Becoming a Channel Leader in a Channel Manager World

Questions?

Peter Weedfald President Gen One Ventures [email protected] Jeff Messer GM Brand Protection Channel IQ [email protected] or: [email protected]

Channel IQ | Brand & Channel Bootcamp