CEOs of innovative tech companies that are ready to bring their product to market can travel down two paths: direct sales reps or channel partners. While both alternatives provide unique advantages, channel sales have become increasingly appealing for many a Silicon Valley and venture-backed start-up.
The most overt benefit of an entrepreneurial firm opting for the channel is the instant access they gain to partners’ existing customer relationships. For a product that isn’t fully established in the market, consumers likely won’t know to look for your specific offering or brand.
Productive channel partners are in tune with their customers’ wants, so if your product fills a demand gap while also making the partner money, they’ll be willing and able to push it all day long.…Continue reading