Energize your channel partners with incentive,rewards,gifts and engagement programs and start influencing them to sell more is called as channel loyalty. Channel loyalty programs can be designed and implemented to any business categories of selling products or services.Cxbox’s Channel loyalty programs are called smart PX(PARTNER EXPERIENCE) programs with nurturing strategy and ROI driven programs. Channel partner network covers your dealers,distributors, wholesalers and retailers who help a brand to generate more revenue.
How CXBOX executes channel loyalty program?
Execution of channel loyalty program involves the following steps
- Build Good relationship
- Highly Targeted Communication techniques
- Analyse and monitor interventions
- Exclusive and impressive Rewards
- Quality analytics for sales team
- Makes the brand to stand alone
99% of channel partner network works effectively only when they start achieving incentives through a channel loyalty program.
7 Benefits of channel loyalty program for product distribution network
- Improves Business performance
- Creates Emotional connect
- Self driven campaigns
- Identify fast selling and least selling goods or services
- Motivating partners by rewards
- Leveraging partners Strength and weakness
- Identify your own fast-track algorithm