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channelINCENTIVES™ - Complete Overview

channelFUNDS

 

Spend your time on designing effective channel incentive/reward programs, not administering them.

There are many factors to consider when you design the next reward program in the channel. Which products are up for promotion? Should all partners participate? What are the right activities or results to incentivize partners for? What kind of reward schedule to use? These programs need to meet the current conditions of the market and need to change when the conditions change. The last thing channel management needs is to put its hard work into a really good idea and let the logistics or administration side of the equation prevent its successful execution.

Capabilities

  • Easily define, add, and change sales-oriented or activity-based results that qualify for rewards.

  • Ability to package and repackage a combination of types of desired results into a specific promotion or incentive program.

  • Ability to define reward schedule for each desired result, using point-based or dollar-based scheme alternatively.

  • Convenient way to define/handle program eligibility (which groups of partners qualify for which programs).

  • Simple and clear on-line portal where partners can claim their rewards.

  • Automated workflow to facilitate efficient claim adjudication (approve/reject/explanation).

  • Ability for partners to check claim status and look up account balances on-line.

  • Easy-monitoring of ongoing programs and results by channel management.

The Results

When implementing channelINCENTIVES™, you can expect to:

  • Flexible and effective incentive programs
  • Quick turn-around and launch of new campaigns
  • Reduced administrative resource demand, disappearance of “mountain of spreadsheets”
  • Less effort for partners and thus increased participation
  • Better communication with the partners

Find out how channelINCENTIVES™ can help you!

  • Request a Web Demo to learn more about channelINCENTIVES™ and see for yourself how we can help you launch an effective sales incentive program!

 

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