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The
3 Es (and 2 Ps) of marketing to dealers, VARs
distributors
and other resellers
by
Steve Slaunwhite
When selling industrial
products through channels, you need marketing materials that
motivate your dealers, distributors, agents and other
resellers to sell. That's easier said than done. For many
marketing managers, determining exactly what it is that needs
to be produced (A brochure? A spec sheet? A video?),
and what needs to be said in those materials can be a
challenge.
Essentially, there are three
objectives that must be considered in your communications
planning. I like to call these the 3 Es. Here they are:
Educate.
Obviously, educating resellers
— and their customers — about the features and advantages
of your product is essential. But educating isn't easy. (Just
ask anyone in the training industry!)
To invite learning, your
marketing materials must be organized, insightful,
interesting, and easy-to-read. Use plenty of numbered lists,
points, charts, pictures and illustrations. When a reseller
has a question, make sure the answer is easy-to-find.
Some manufacturers produce
Sales Guides and other documents that help resellers learn how
to sell the product. These can be very effective. If your
guide is extensive, be sure to include a one-page summary of
the features and benefits for quick reference. No reseller
wants to look lost flipping through pages when a customer is
standing in front of him.
Videos and multimedia CDs can
work well too, especially if the product is based on a new
technology, methodology, or application. But be sure to also
include a print brochure that contains the same information.
Chances are, the video will only be watched once.
Equip.
Resellers also need selling
tools. These are model letters, model proposals, presentation
slides and scripts, brochures, sell sheets, forms, demo kits
and anything else that makes it easier to explain and sell
your product.
In my experience, the better
the selling tools, the better the results.
Probably the biggest mistake
marketing managers make it attempting to produce a single
brochure that does "double duty" — targeting both
resellers and their customers. The truth is, you can
never effectively speak to two different audiences
simultaneously. What you end up with is a diluted, even
muddled, sales message. The cost savings isn't worth it.
Energize.
If resellers don't get excited about your product they won't sell it.
It's that simple. So, your marketing materials must work
to inspire and motivate.
How do you accomplish this? By
focusing on what I call the 2 Ps: Profitability
and Popularity.
Profitability is the "Make
me money" message. Where applicable, use plenty of charts
and graphs to illustrate income potential. And be sure to use
realistic numbers and forecasts. Avoid puffery.
Popularity is the "Bring
me more customers" message. If your product has done
particularly well in other markets or territories, be sure to
point this out in your marketing materials. Demonstrate, if
possible, how your product will attract new customers for other
products the reseller carries. Highlight all upsell and
cross-sell opportunities. Position your product as customer
magnet.
After
educating, equipping and energizing your resellers, stressing
the 2 Ps is a powerful one-two combination that will inspire
them to get behind your product and push with enthusiasm.
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©
2004, Steve Slaunwhite. All right reserved.
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