Building an Effective SMB Channel Strategy — Examples from Leading Vendors

Building an Effective SMB Channel Strategy — Examples from Leading Vendors

This IDC Market Perspective discusses the basic steps in building an effective SMB channel strategy. Based on interviews with seven leading software vendors, it addresses all elements in a partner life cycle that should be addressed in an SMB channel strategy. "First and foremost, it is important to note that the SMB market is substantial yet extremely fragmented. the channel needs to cater to local differences as well as differences in language, maturity stage, and level of digitization. There is no one-size-fits-all strategy, and the channel needs to address this diversity, which is emerging in the market, as we see more vendor initiatives that go beyond the traditional SMB channel approach. Vendors are starting to think outside the box when it comes to serving the SMB market, exploring industry ecosystems, emerging business models, and alternative routes to market. The use of AI and digitized platforms also improves efficiency in SMB channel management," said Simone de Bruin, associate research director, European Partnering Ecosystems, SMB and Start-Ups.

Please Note: Extended description available upon request.


Executive Snapshot
New Market Developments and Dynamics
What Characterizes the SMB Segment
What Are SMBs' Key Preferences from a Business and Technology Perspective?
Declining Revenues do not Affect IT Spending
How do Vendors Successfully Engage with SMBs?
Discovery Stage
Key Challenges
Vendor Examples
White Space (or Capacity) Analysis
Strict Door Policy
Start-Up and Digital Natives
Recommendations
Onboarding Stage
Key Challenges
Vendor Examples
Provide Easy Access
Set Expectations
Ensure Smooth Conversion and Migration
Outsource Onboarding
Recommendations
Training
Key Challenges
Vendor Examples
Develop New Training for New Markets
Engage the Partner Community Early
Increase Value
Train Through Distributors
Recommendations
Managing
Key Challenges
Vendor Examples
Automate the Process
Measure Success
Limit the Effort
Recommendations
Impact
Key Challenges
Vendor Examples
Help Partners Excel
Plan the Journey
Automate the Process
Targeted Messaging
MDF and DDF
Recommendations
Grow
Key Challenges
Vendor Examples
Leverage the Ecosystem
Initiate or Participate in Marketplaces
Expand Indirect Coverage
Explore New Business Models
Recommendations
Out-of-the-Box Partner Initiatives
Advice for the Technology Supplier
Key Recommendations to Engage and Accelerate Growth with SMBs Through Partners
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Related Research
Synopsis

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