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Effective URL: https://www.zinfi.com/guidebooks/partner-relationship-management-best-practices-2023/?firstname=Sandeep&lastname=Shast...
Submission: On April 18 via api from US — Scanned from DE
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Skip to the content * Why ZINFI * Unified Partner Management * Industry Leader * GDPR Compliance * CCPA Compliance * Customer Success * Our Clients * Success Stories * News * Innovation Awards * Press Releases * Company * About ZINFI * Leadership * Our Values * Our Name * Contact Us * Subscribe Our Newsletters * Careers at ZINFI 1 925 750 8915 ZINFI Technologies, Inc. * Products * Onboard * ProgramsAutomates partner recruitment, onboarding, and program management. * ContractsManages partner contracts throughout the partner engagement cycle effectively. * PlansAutomates business planning, enhancing internal-external partner interactions. * Enable * LibraryInstant access, customization, and secure sharing of sales and marketing materials. * LearningIntegrates SCORM-compliant Learning Management for flexible partner e-learning. * AssetsAutomates co-branding, and distributing digital assets to channel partners effectively. * Market * EmailEmail Marketing Management enables partners to execute co-branded emails. * SocialSimplifies social media content distribution through channel partners. * Multi-TouchEnhances partner marketing with multi-touch campaign drag and drop. * Sell * LeadsAutomates lead distribution, engagement, and “contacts to contracts”. * DealsDeal Management associates partner-related data for a comprehensive customer view. * CPQStreamlines pricing and automated quote approval mechanism for partners. * Incentivize * CommissionAutomates commissions based on deals, products & tier parameters efficiently. * MDFAutomates Market Development Funds allocation for channel partners. * RebatesAutomates rewards, rebates, and incentives for enhanced channel performance. * Accelerate * CommunityThe Community module enables discussion groups to share ideas and solutions informally. * MarketplaceMarketplace Management enables an organization a private marketplace for partners. * MobilePrioritizes on-the-go app development for effective channel management. * Explore All Applications Explore Admin Tools * Platform * Solutions * PARTNER RELATIONSHIP Partner relationship management activities focus on internal channel management optimization and automation to simplify how partners do business with a vendor. Learn More * By Industry * Automotive * Communications * Financial Services * Franchises * High Technology * Insurance * Life Sciences * Manufacturing * Retail * By Roles * Channel Marketing * Channel Partner * Channel Partner Administrator * Channel Sales * Channel Sales Operations * Distribution Management * Field Marketing * IT Administration * BEST PRACTICES GUIDEBOOK Download Now Download Now Download Now Download Now Download Now Download Now Download Now Download Now Download Now All Guidebooks * Partners * Agency Overview * Partner Resources * Learn More * Resources * ARTICLE OF THE MONTH Unlocking Partner Sales Potential through Co-Selling: A Comprehensive Guide Read More * Resources Library * Best Practices Articles * Best Practices Guides * Best Practices Videos * Best Practices Podcasts * Feet on the Street Videos * Analyst Webinars * Analyst Reports * G2 Grid Report * Forrester Wave PRM 2020 * Forrester Wave TCMA 2020 * SUBSCRIBE TO UPDATES Stay Informed with ZINFI Newsletters Sign up for our newsletters to receive the latest and greatest industry best articles and news directly in your inbox. Subscribe Now Demo Request Contact Sales Search for: Close search Close Menu * ProductsShow sub menu * OnboardShow sub menu * Programs * Contracts * Plans * EnableShow sub menu * Library * Learning * Assets * MarketShow sub menu * Email * Social * Multi-Touch * SellShow sub menu * Leads * Deals * CPQ * IncentivizeShow sub menu * Commissions * MDF * Rebates * AccelerateShow sub menu * Community * Marketplace * Mobile * Portal AdministrationShow sub menu * Mobile Responsive * Alerts & Notification * Content Management * Workflow Management * Partner Profiles * Identity & Access * Change Management * BI Reports * Connectors Management * Users & Group * Platform * SolutionsShow sub menu * By IndustryShow sub menu * Automotive * Communications * Financial Services * Franchises * High Technology * Insurance * Life Sciences * Manufacturing * Retail * By RolesShow sub menu * Channel Marketing * Channel Partner * Channel Partner Administrator * Channel Sales * Channel Sales Operations * Distribution Management * Field Marketing * IT Administration * PartnersShow sub menu * Agency Overview * Partner Resources * Learn More * ResourcesShow sub menu * Resources LibraryShow sub menu * Best Practices Articles * Best Practices Guides * Best Practices Videos * Best Practices Podcasts * Feet on the Street Videos * Analyst Webinars * Analyst ReportsShow sub menu * G2 Grid Report * Forrester Wave PRM 2020 * Forrester Wave TCMA 2020 * Why ZINFIShow sub menu * Unified Partner Management * Industry Leader * GDPR Compliance * CCPA Compliance * Customer SuccessShow sub menu * Our Clients * Success Stories * NewsShow sub menu * Innovation Awards * Press Releases * CompanyShow sub menu * About ZINFI * Leadership * Our Values * Our Name * Contact Us * Subscribe Newsletters * Careers at ZINFI * Contact Sales BUILDING BRIDGES: BEST PRACTICES IN PARTNER RELATIONSHIP MANAGEMENT GET AN OVERVIEW OF PRM WITH A FOCUS ON KEY CHALLENGES, PROVEN SOLUTIONS AND THE MOST IMPORTANT BENEFITS OF LEVERAGING THE POWER OF PARTNER ECOSYSTEMS Download your COMPLIMENTARY COPY of Building Bridges: Best Practices in Partner Relationship Management to get an overview of PRM with a focus on key challenges, proven solutions and the most important benefits of leveraging the power of partner ecosystems. MORE ABOUT OUR NEW GUIDEBOOK, BUILDING BRIDGES: BEST PRACTICES IN PARTNER RELATIONSHIP MANAGEMENT Partner ecosystems are quickly becoming one of the most important vehicles for businesses seeking to expand their reach, tap into new markets, and grow revenues rapidly and sustainably. Effective partner relationship management (PRM) is an essential tool for these businesses. ZINFI’s latest guidebook, Building Bridges, identifies a core group of best practices that make the most difference in PRM and lead to more robust and fruitful relationships with partners. Readers will get a concise overview of PRM and its many benefits, learn about the most useful strategies and tactics that foster effective partner relationships, and learn how to select an PRM automation solution that will fulfill their unique business requirements over the long term. DOWNLOAD THIS GUIDE TO LEARN ABOUT: * The most important benefits of PRM and the most important features of an effective PRM tool * How to foster effective communication with partners * How to choose partners whose goals are aligned with yours * Proven strategies for training and enabling partners * The benefits of monitoring partner performance and encouraging feedback * The most persistent sources of conflict in partner relationships * The most relevant trends in PRM and partner ecosystems today * How to choose the right PRM automation tool for your organization CHAPTERS COVERED IN BUILDING BRIDGES: BEST PRACTICES IN PARTNER RELATIONSHIP MANAGEMENT ✔ Laying the Foundation: Understanding the Basics of Partner Relationship Management (PRM) This chapters offers a concise definition of PRM, explores the growing importance of PRM in the contemporary business landscape, discusses five key benefits of effective PRM and identifies the most important capabilities of an ideal PRM automation tool. ✔ Choosing the Right Partners: Criteria and Considerations Selecting the right partners ensures strategic alignment, operational efficiency and brand reputation. Read this chapter to learn about the six most important criteria for partner selection, the pitfalls of poor selection, and the role of PRM software in selecting and retaining the right partners. ✔ Communication Is Key: Effective Strategies for Partner Engagement Clear, consistent communication with partners builds trust, aligns goals, encourages collaboration and helps resolves conflicts within your partner network. We offer five key strategies for effective communication and identify the most effective technology tools to augment partner communication. ✔ Training and Enablement: Empowering Partners for Success Equipping partners with the right tools, resources and training is paramount, ensuring they represent the brand effectively and thrive. ✔ Monitoring and Feedback: The Pulse of Partnership Health Organizations that effectively monitor partners and encourage feedback achieve better alignment with partners. They are able to identify the most promising areas for improvement, build trust and drive performance. ✔ Conflict Resolution: Navigating Challenges in Partner Relationships What are the roots of conflicts in partner relationships, and what are the most effective strategies for resolving those conflicts? We present five preventive measures for conflict minimization. ✔ Evolving Together: The Future of PRM and Sustained Growth Important trends in PRM include digital transformation, data-driven decisions, personalized partner experiences, increased automation and more collaborative ecosystems. Learn about the imperative of adaptability in PRM and five key strategies for ensuring long-term growth in partner relationships. ✔ Navigating PRM Solutions: Identifying Your Ideal Provider A robust PRM solution boosts operational efficiency, fosters collaboration and drives sustained growth. We identify several key considerations in selecting a PRM software providers and list 10 top vendors to compare. WANT A PERSONALIZED DEMO? EXPERIENCE YOUR SOLUTION, YOUR WAY Request A Personalized Demo TECHNOLOGY PARTNERS RECENT POSTS * B2B Marketing in the Age of Intelligence: A Comprehensive Guide – Part 1 * Video – Unlocking Partner Sales Potential through Co-Selling – Part 3 * Video – Unlocking Partner Sales Potential through Co-Selling – Part 2 * Video – Unlocking Partner Sales Potential through Co-Selling – Part 1 USAGE LINKS * GDPR Compliance * CCPA Compliance * Terms of Use * Privacy Policy * Cookie Policy * Accessibility Policy * Site Map SITE SEARCH Search for: © 2024 ZINFI Technologies, Inc. ↑