| The
Key To Success
Finding
the best business partners in each market is becoming
increasingly difficult. The availability of professional,
motivated and focused companies that can make a success
of your products, is diminishing.
It
is essential to ensure that the best possible companies
are identified, to give you the confidence in the most
appropriate choice.
Strategic
Software Partners has years of expertise and knowledge
to ensure that you are able to select the best partner
to match the needs of your company, and has the necessary
expertise to generate sales.
SSP
adopts a professional and thorough approach to identify
potential partners through the following processes:
- Ascertaining
a partner profile
- Identifying initial potential candidates
- Qualification of candidates
- Detailed final profiles for your assessment
Partner Profile
The
first step is to gain a clear understanding of the positioning
of your products in the marketplace and to identify
the characteristics of your buyers. This enables us
to establish a profile of the organisations that can
understand similar needs and buyer characteristics in
the chosen market.
We
then, with your input, define the minimum technical,
selling and marketing skills that the organisation must
possess. We also identify the minimum investment levels
that the target companies are capable of sustaining
for your products typical sales cycle.
Potential
Candidates
We
draft an introductory letter, in the local language,
which highlights the key business benefits of your product.
We
then identify potential matching candidates from our
extensive databases, contacts and local market knowledge.Our
research team works tirelessly in this area identifying
companies throughout Europe and keeping pace with the
ever changing world of information technology. In the
case of searches in Australia, Asia-Pacific and the
USA, we work through our partner companies to identify
such candidates.
The
introductory letters are sent to the most senior executive
in the company or whoever is responsible for new business
development.
Qualification
SSP
can give considerable added value in this area. Each
prospective partner is contacted by phone to establish
whether they are suitable and to ensure that they fully
appreciate the positioning and opportunity that your
products represent.
Our
expertise can make the difference in getting the most
appropriate partners interested and motivated to want
to sell your products.
Final
Profiles
For
each qualifying company we provide a detailed summary
of all the essential information. This includes: key
personnel, technical, sales and marketing expertise,
as well as products currently marketed. This gives you
all the information you need to begin the selection
process.
The
SSP Difference
We
provide added value by significantly shortening the
time to market. We help you establish the right foundations,
with a choice of potential partners in each market.
Making
the Right Choice
The
consequences of making the wrong choice of partner can
be disasterous. Apart from the loss of revenue, you
will probably lose market share to your competition
and tie up your own personnel in extricating your company
from a business relationship that was doomed to failure.
Making
the right choice the first time is essential. SSP can
help and advise on every stage of the selection process,
so that you can choose the right partner with confidence.
SSP
can advise on all aspects of selection including:
- Cultural
and local market factors
- Assessing
suitability
- Legal
agreements
- Setting
quotas and goals
SSP
can also help with the preparation and presentation
of your company and products, so that they will be received
with understanding by potential distributors
Assessing
Suitability
Making
the right hiring decision for your own staff can be
difficult enough; choosing the right partner in a foreign
market, with different business practices and cultural
values, can be totally confusing.
SSP
has the experience to assist in this process, to remove
potentially misleading perceptions and to allow you
to make an informed business risk choice.
The
factors we use to help you assess the best partners
go beyond just chemistry, and include:
- Product positioning and integration
- Product "championing"
- Customer references
- Cultural, ethical and business strategy synergy/conflicts
- Initial due diligence on investment capability and
risk
Legal
Agreements
Once
the selection process has concluded, we can advise on
the vital aspects of distribution agreements and quotas.
Not
only can we save on expensive legal costs, but by isolating
the key negotiation areas, we can dramatically shorten
this potentially time consuming process.
SSP
can also advise on:
- Agreement construction and modification
- Terms and termination
- Setting business goals
Setting Goals and Quotas
This
can often be the area of greatest contention and negotiation.
SSP has helped many companies set realistic expectations,
to guarantee results and success for both parties.
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