Incentives in the New Economy – Did you catch the webinar?

Thank you for attending (or not) our webinar on channel incentives for this new economy. During the webinar, we reviewed the effects of the Great Recession on the channel and how it has impacted IT & Telecom vendor’s incentive programs. We also listened to the “voice of the partner” to better understand their challenges participating in your program – followed by a target practice lesson aimed at balancing and delivering the right incentives to the right partners at the right time. It was a lot of content for 45 minutes and we stayed high level in order to please everyone in the audience.

If you felt we stated the obvious, you’ll be pleased to learn that as we go into 2012, we’ll dive into each segment in-depth, and analyze the facts behind the most successful incentive programs hawkeye has managed in the last 15 years. The objective of this analysis is to share key drivers for success in channel incentive programs, and provide you with a better perspective on our data-driven approach to incentives for the 2012 sales cycle.

Incentive programs are prone to generating considerable amounts of waste, as channel marketing teams allocate more and more dollars to their incentives programs without a clear understanding of what really makes them successful.  Waste is especially evident on rebate programs that pay partners on volume, without consideration of partner engagement. Without a data-driven approach to recognizing the behavior of successful partners, incentive programs can only be judged by tactical measurements, instead of how well they support the real goal of increasing partner performance.

A data-driven approach to incentive plan design – identifies best practices that already exist within your channel ecosystem, and then places the right incentives to inspire those same behaviors across the targeted partner tier; raising the overall standard of performance, and creating positive changes that last.

We’ll continue to bring you more insights on measuring the true incremental impact of your channel programs in 2012.  We know how vital it is to identify and prioritize partners with the greatest potential and align your resources so that you can invest in programs and partners that really make a difference.