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Organising the right business profile for Distributors
(agents)
- Client types
- Contract types
- Product issues
- Territory and target country/geography
- Territory facts and figures – size of accessible market
– current share – competitors
- Targets/expectations for future periods
Profiling Distributors (agents)
- What are the important parameters and how can we measure them?
- Culture fit
- Science/technology fit
- Complimentary product lines and other companies represented
- Language and communications
Assessing a Distributor (agent)
- What are the key selection criteria - how well does a potential
distributor match your criteria
- Who do your competitors use and why?
- Who do your target customers respect?
- Geography/territory/location
Organisational/Relationship Issues
- Promotional activity costs and responsibilities – them
– you – shared
- Sales force structures – yours – theirs
- Support capabilities – yours - theirs
- Samples or demonstration products – relevance - availability
– who pays?
- Ownership of customer information
- Contact chain
- Publicity policy – what – how – when –
where – who pays?
- Training – what – how – when – where
– who pays?
- Financial issues - pricing policies - commissions - how does
the Distributor earn?
Managing/Motivating Distributors
- Setting targets
- Transparency of activity
- Reporting
- Data collection
- Monitoring bookings and sales
- Frequency of visits – yours - theirs
- Performance reviews – firing!
- Long term planning
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