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This presentation reviews the results of our survey about channel data management and How the industry uses channel data to make decisions, what the challenges are for collecting and cleaning channel data, and how most companies are solving this challenge.
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© 2013 Channelinsight Proprietary & Confidential
The Global Leader for Channel Data Management
2013 Channel Data Management Survey Results Overview
© 2013 Channelinsight Proprietary & Confidential
Today’s Presenter
Jeremy Miller
Senior Director Product Management & Marketing
© 2013 Channelinsight Proprietary & Confidential
Channelinsight delivers the only Cloud
Channel Sales Management Solution for sales
professionals that provides visibility into the
channel for companies who want to see and
manage their channel business the same way
they manage their direct business through
their CRM
Who is ?
© 2013 Channelinsight Proprietary & Confidential
2013 Channel Data Management Survey Results Overview
The objective of the survey was to identify…
– How the industry uses channel data to make decisions
– What the challenges are for collecting and cleaning channel data
– How most companies are solving this challenge
• 66 manufacturer respondents in Aug/Sep 2013
© 2013 Channelinsight Proprietary & Confidential
#1 – How important is it to your organization to do the following with your channel data
© 2013 Channelinsight Proprietary & Confidential
#1 – How important is it to your organization to do the following with your channel data
Performance visibility and ROI stand out
Processing is important but secondary
Take Away:
Start by solving the channel data visibilityproblem
© 2013 Channelinsight Proprietary & Confidential
#2 - How satisfied is your organization with your ability to do the following with your channel data?
© 2013 Channelinsight Proprietary & Confidential
#2 - How satisfied is your organization with your ability to do the following with your channel data?
Respondents were neutral at best about current solutions
The most important areas lagged behind
Take Away:1. Some respondents are satisfied, so it is possible2. Start with visibility
© 2013 Channelinsight Proprietary & Confidential
#3 - Rank your top challenges with channel data management
© 2013 Channelinsight Proprietary & Confidential
#3 - Rank your top challenges with channel data management
Consumption of the data – in dashboards and CRM – lead the way
Submission of the data also ranked high
Take Away:
1. Look for solutions that will take care of dashboard and CRM needs
2. Make sure your solution will scale as priorities change
© 2013 Channelinsight Proprietary & Confidential
#4 – What is the primary reason you have not improved your data management process? (Open question)
© 2013 Channelinsight Proprietary & Confidential
#4 – What is the primary reason you have not improved your data management process?
Many of you have, but if you’re struggling, it’s all about… – Priorities – budget, resources, time– Waiting – for IT, for the next release
Take Away:If you lack organizational support, start looking for pre-built solutions
© 2013 Channelinsight Proprietary & Confidential
#5 – What Percent of your partners are submitting channel data?
POS Data Inventory Data
© 2013 Channelinsight Proprietary & Confidential
#5 – What Percent of your partners are submitting channel data?
POS data is barely over 50% Inventory data is barely over 30%
Take Away:
1. Make sure you know who has valuable data
2. Make it easy for your partners to report
© 2013 Channelinsight Proprietary & Confidential
#6 – What is the frequency that your partners submit POS data?
© 2013 Channelinsight Proprietary & Confidential
#6 – What is the frequency that your partners submit POS data?
Monthly and “Randomly” prevail
Take Away:
Make it easier for your partners to submit – even if you don’t need daily data, you need some consistency
© 2013 Channelinsight Proprietary & Confidential
#7 - How do you currently cleanse your channel data?
© 2013 Channelinsight Proprietary & Confidential
#7 - How do you currently cleanse your data?
Internal manual solutions dominate (> 50%)Explains struggles, and makes sense in light of resourcing
Take Away:
Strongly consider an economical pre-built solution
© 2013 Channelinsight Proprietary & Confidential
#8 - Do you have sales data visibility in your CRM system?
© 2013 Channelinsight Proprietary & Confidential
#8 - Do you have sales data visibility in your CRM system?
Many have made progress with visibility to channel data, but direct data still has the lead
Take Away:
The trend is towards more channel data in CRM - Consider that moving forward
© 2013 Channelinsight Proprietary & Confidential
#9 - Rate the following Partner Portal features based on importance…
© 2013 Channelinsight Proprietary & Confidential
#9 - Rate the following Partner Portal features based on importance…
Needs are varied– Marketing & Training Materials– Workflow– Rebates & Partner Performance
Take Away:
1. Look for a fully featured portal solution for
scale
2. Your portal solution should be interactive – landing pages for content are a small part
© 2013 Channelinsight Proprietary & Confidential
Key Take Aways
• Plan for long term needs – which includes performance visibility for you and your partners
• Make it easier for partners to give you important data consistently
• Plan for channel data in CRM and your partner portal
• Look for pre-built solutions to help your organization move ahead
© 2013 Channelinsight Proprietary & Confidential
If you have further questions about the
results of the Channel Data Management
Survey or would like to take a deeper dive
into how your company compares to the
industry in general please contact Jeremy
Miller at: [email protected]
Thank You
© 2013 Channelinsight Proprietary & Confidential
Q&AJeremy Miller Phone: 303-308-3371
Email: [email protected]
Learn More:
Web: www.channelinsight.com
Blog: http://blog.channelinsight.com/blog
LinkedIN: http://www.linkedin.com/company/channelinsight
Twitter: https://twitter.com/_Channelinsight
Facebook: https://www.facebook.com/Channelinsight