Channels 2
Transcript of Channels 2
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Hosted by Adrian Davis, CEO, Whetstone Inc.
SIIA Channels Webinars:
Selecting the Appropriate Channel
Moderator:
Adrian Davis, President & CEO, Whetstone, Inc. Panelists: David Lloyd, President, IntelliResponse Inc.
Jeff Silbert, Managing Director & Founder, Order of Magnitude Group
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SIIA Channels Webinar Series
Avoiding Channel ConflictPrice for SIIA Members: Free, Non SIIA Members: $89
Tuesday, November 24, 2009 - 1:30pm to 2:30pm EDT
Building a Sales Compensation that WorksPrice for SIIA Members: Free, Non SIIA Members: $89
Wednesday, December 9, 2009 - 1:30pm to 2:30pm EDT
How to Communicate with and Train Channel SalesPersonnel
Price for SIIA Members: Free, Non SIIA Members: $89Wednesday, January 13, 2010 - 1:30pm to 2:30pm EDT
http://bit.ly/siiachannels
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SIIA Channels Working Group
We need volunteers to help
Advise SIIA on projectsPlan future activities
Focus on Channel Issues
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Software & Education Nomination Deadline:Oct 16, 2009
www.siia.net/codies
*For more information contact Lisa Mitchell-Brooks,
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Keynotes:
Lars Dalgaard
CEO, SuccessFactorsZach Nelson
President and Chief Executive Officer, NetSuite, Inc.Michael Lock
Director, Americas Sales & Operations, GoogleEnterprise
http://www.siia.net/ondemand
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Selecting the Appropriate
Channel
The 3 Keys for Planning Your Channel Strategy
Jeff Silbert
Managing Director and FounderOrder of Magnitude Group
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8Order of Magnitude Group
Order of Magnitude Group
VALUATION
TODAY
VALUATION TODAY
+ 3 YEARS
OoM Path
YourCurrent Path
x
10x
?x
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9Order of Magnitude Group
M5 is the clear leader(Mark Winther, IDC)
M5 is the benchmark for hosted VoIP services
(Jeff Pulver, PulverMedia)
the safe choice(Frost & Sullivan)
M5 Networks: $3 million to $23 million (03 -08)
http://test.m5net.com/press.php?page_id=445& -
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10Order of Magnitude Group
What Program(s) to Build?
Direct
Internet/Affiliate
Referral Partner
Channel
VAR
White Label
OEM
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11Order of Magnitude Group
Key #1: Whats Important for your Client?
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12Order of Magnitude Group
Key #2: Whats In It for the Partner?
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13Order of Magnitude Group
Key #3: Whats Important to You?
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About IntelliResponse
100% SaaS/PaaS
100+ customers 250 implementations
Growing partnerships
Magic Quadrant 09/10 Seybold Star Q1/Q2
David Lloyd
President
15
FinancialServices
HigherEducation
Consumer/Corporate
IntelliResponse is the Instant Answer Agent deliveringone right answer across customer service channels
http://www.google.ca/imgres?imgurl=http://www.lovemytool.com/photos/uncategorized/2007/11/16/psu_logo.png&imgrefurl=http://www.lovemytool.com/blog/2007/11/penn-state.html&usg=__f_h0fATCOt-30GIUhXKE59aKElc=&h=96&w=150&sz=8&hl=en&start=11&tbnid=EKBHGJEky4MMHM:&tbnh=61&tbnw=96&prev=/images?q=penn+state+university+logo&hl=enhttp://en.wikipedia.org/wiki/Image:UWMSeal.PNG -
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Business StrategyChannel choices are dependent upon where you want to
be on certain continuums
On Premise SaaS
Closed Model Service Oriented
Narrow Broad
Solution Breadth
Delivery method
Interoperability
WebWebAutoChat
AutoChat Mobile
Mobile SocialSocial ChatChat EmailEmail VoiceVoice
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Our View of Channels
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Direct Model
Pros Cons Business scale
Care and feeding
Coverage issues
Conflict with channels
Value proposition
Market feedback
Product feedback
Account control
Sales control
Important to a company in new or unknown markets toensure they are seeing the opportunity while developing
effective strategies. Cant drive partner strategies if youdont know the market.
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Partnership Model
Pros Cons Not strategic (one of 100s)
Channel conflict
Increased costs
Gaining partner attention
Sales/Marketing/Technical
Leverage sales channel
Increase local/intl reach
Increase strategic value
Deeper market insights
Competitive positioning
Most important to identify key partnerships that are more than
an LOI. Initially find tier 2/3 partners that need you. Tier oneswork when there is a real deal on the table. 1+1=3
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ISV Model
Pros Cons Support costs
Product discipline
Relevancy to ISV
Integration requirements
Reduce service costs
Establish ecosystem
Part of larger solution
Large part of the success is based on platform decisions.How open is your platform to allow the ISV to rapidly plug
and play without huge overheads.
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Customer Model
Pros Cons Product Discipline
Support costs
Vendor conflicts
Sticky/Entangled
Land and expand
Become strategic
References
Customers as a channel is my favorite as it can driveintegration and partnerships while expanding usage. Onceour services are embedded in our customers solutions we
are exceptionally sticky. What is the average build cycle ina major company?
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Our Focus & Why Partnerships are critical to grow our footprint.
Choose wisely, good ones take time
Can take 12+ months to bear fruit
Tier ones are not always your first choice
Customers We Believe in an open services answer platform
Customer can consume our services
Can drive deep linkages into internal solutions Drive to be IR inside
We charge on the transaction
Objective is to have our services in channel requiring answers This affects our partnering strategy
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Q&AJeff Silbert
Managing Director & FounderOrder of Magnitude [email protected]: @JeffSilbert
David Lloyd
PresidentIntelliResponse
Inc.
P: 416-214-9337 x 231
Twitter: @1RA
Adrian Davis
President & CEOWhetstone [email protected]: 416-410-1456Skype: adrian.davisTwitter: @salesscientistLinkedIn: linkedin.com/in/adriandavis
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