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How to grow your IT channel revenue by 400% (or more)

Date post: 13-May-2015
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Want to grow your indirect channel revenue by 400% or more? This presentation will describe how small changes in channel partner productivity can turn into a huge increase in revenue.
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How to Grow Indirect IT Channel Revenue by 400% (or More) Presented by CSBexcellence
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Page 1: How to grow your IT channel revenue by 400% (or more)

How to Grow Indirect

IT Channel Revenue

by 400% (or More)

Presented by CSBexcellence

Page 2: How to grow your IT channel revenue by 400% (or more)

Partner Productivity

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 2

Cloud Vendor

20%

80%

ChannelPartners

ChannelRevenue

20%

80%Drives

Drives

Does 20% of your channel drive 80% of your revenue?

Page 3: How to grow your IT channel revenue by 400% (or more)

Copyright © 2014 CSBexcellence

Business Impact

• Your channel revenue could be much, much higher

• Your rate of growth could be much, much faster

• You’re wasting time & resources on low-performers

• Your revenue is at risk if any high-performers go away

www.csbexcellence.com Page 3

Your success is tied to the success of your channel!

If 80% of your channel is underperforming…

Page 4: How to grow your IT channel revenue by 400% (or more)

Low Productivity Factors

Your channel partners may … • Lack resources to generate new business

• Have little or no experience in sales & marketing

• Be reluctant to invest money in marketing programs

• Have saturated their installed customer base

• Or, simply lack the motivation to grow their business

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 4

You can remove all of these obstacles, except the last one.

Page 5: How to grow your IT channel revenue by 400% (or more)

The Answer is SALES LEADS

• Many partners know how to close deals

• Most partners don’t know how to find deals

• Resources that enable partners are only partially effective

• Qualified sales leads are the shortest path to growth

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 5

What if your partners were seeded with quality leads?

Leads: The missing ingredient in most channel programs

Page 6: How to grow your IT channel revenue by 400% (or more)

Lead Quality is Key

• Targeted at the right kind of customer

• Sales-ready prospects in the buyer zone

• Produced on a consistent basis

• Generated at a low cost-per-lead

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 6

Lead quality makes all the difference, IF leads are:

A quality lead funnel drives higher & sustained revenue growth

Page 7: How to grow your IT channel revenue by 400% (or more)

Partner Productivity: One Scenario…

• Increased average deal size from 15 to 20 users?

• Increased one-time revenue from $40 to $50 per user?

• Increased recurring revenue from $40 to $50 per user?

• Increased deal acquisition from 0.5 to 1 deal per month?

• And you added another 25 new partners just like them?

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 7

What if your best partners:

Your channel revenue would grow by 400%

Page 8: How to grow your IT channel revenue by 400% (or more)

How to Increase Revenue by 400%

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 8

Ideal Channel Revenue

Existing Channel Revenue

400% Increase

Page 9: How to grow your IT channel revenue by 400% (or more)

Partner Productivity Modeling Tool

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 9

Existing & Ideal Input Assumptions Detailed Revenue

Projections GraphicalSummary

TAB #1TAB #2

TAB #3

Download the model at: info.csbexcellence.com/partner-productivity-model

Page 10: How to grow your IT channel revenue by 400% (or more)

Generate Quality Leads with Inbound Marketing

• To nurture more leads into buyers

• Target more high-value customers

• Deliver more sales-ready leads

• Generate leads with more consistency

• Reduce the cost of customer acquisition

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 10

Page 11: How to grow your IT channel revenue by 400% (or more)

Use Inbound Marketing to Recruit New Partners

• Define and target your ideal partner profile

• Attract prospective partners with online content

• Nurture, qualify and convert the best-fit partners

• Onboard new partners with an end-customer inbound marketing program to build their funnel

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 11

Page 12: How to grow your IT channel revenue by 400% (or more)

Inbound is the “NEW” Marketing

• The average buyer completes 57% of the buying process before ever contacting a sales person (CEB – New Decision Timeline)

• 85% of tech buyers need to encounter at least 3 pieces of content before engaging solutions provider (Marketing Sherpa)

• 30-50% of leads that enter the sales pipeline are qualified leads that are not ready to buy (Gleanster)

• Companies using inbound marketing have 55% more traffic & 70% more leads (Hubspot)

• Inbound marketing cuts deal acquisition cost in half (CSBexcellence)

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 12

Page 13: How to grow your IT channel revenue by 400% (or more)

Inbound Marketing as a Managed Service

SEO

SEMGraphics

Analytics

Strategy

LeadNurturing

Conversion

ContentSocialMedia

HTML

• Flat monthly fee

• Deep experience

• Multiple disciplines

• Flexible & adaptable

• Fraction of the cost of internal resources

• Scalable up & down

• Operates as your virtual organization

Copyright © 2014 CSBexcellence Page 13www.csbexcellence.com

Page 14: How to grow your IT channel revenue by 400% (or more)

The Return on Investment

Managed Funnel

$$$

- Suspects- Prospects- Opportunities

Traffic

Content for Website & Offers(based on buyer persona)

Landing Pages(conversion-optimized)

Leads

Segmented Database$2,500/month Revenue Generated36 months Contract Term$90,000 Contract Value50% Gross Margin$1,250/month Gross Profit $2,500/month Marketing Expense2 months Payback Period$42,500 Return on Investment

Typical Inbound Marketing ROI

Targeted Buyers

Incremental Revenue

(SEO, Blog &Social Media)

Copyright © 2014 CSBexcellence Page 14www.csbexcellence.com

Page 15: How to grow your IT channel revenue by 400% (or more)

Constant Measurement and Optimization

Key Performance Metrics• Traffic volume

• Site conversion

• Lead quantity

• Lead quality

• Deal acquisition rate

• Average deal values

We monitor the Metrics That Matter on a performance dashboard We assess the role of content, campaign strategy and methodsThen we do more of what works and less of what doesn’t work

Copyright © 2014 CSBexcellence Page 15www.csbexcellence.com

Page 16: How to grow your IT channel revenue by 400% (or more)

Our Engagement Model

www.csbexcellence.com Copyright © 2014 CSBexcellence Page 16

We begin with deep discovery, content development and campaign design

Then we build traffic, optimize conversion, nurture buyers and drive deals

Page 17: How to grow your IT channel revenue by 400% (or more)

For More Info VISIT: www.csbexcellence.com

Todd [email protected]: (800) 785-4620www.csbexcellence.com

Copyright © 2014 CSBexcellence Page 17www.csbexcellence.com

Dave [email protected]: (800) 785-4620www.csbexcellence.com


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