Channel Sales

What is Channel Sales?

Channel sales is the strategy of selling your products through third-party partners instead of selling directly to customers. It’s a powerful way to expand your market reach without dramatically increasing your internal headcount. Your partners handle the selling, and you support them with the tools, training, and resources they need to be successful. This indirect sales model is all about leverage. By empowering your partners, you create a scalable sales engine that can drive significant revenue growth. A good PRM system is essential for managing a successful channel sales program.

Related Terms

Channel

What is Channel? A channel is simply a path to your customers. It’s the route your products or services take to get from you to the end user. A company can have multiple channels. A "direct channel" means you sell straight to your customers, like through your website. An "indirect channel" means y

Channel Conflict

What is Channel Conflict? Channel conflict is what happens when your partners end up competing against each other, or even against your own direct sales team. For example, if a partner and your internal salesperson are both trying to sell to the same customer, that’s conflict. This can create tensi

Channel Partner

What is Channel Partner? A channel partner is a company you team up with to sell your products or services. Instead of hiring a massive sales team to cover the globe, you can work with channel partners who already have a presence in different markets or industries. These partners can be resellers,

Co-branding

What is Co-branding? Co-branding is a strategic marketing alliance in which two or more established brands collaborate on a jointly developed product, service, or promotional campaign. The primary objective of this practice is to leverage the market strength, brand equity, and customer base of all

Co-marketing

What is Co-marketing? Co-marketing is a partnership where two companies join forces to promote each other's products or services. They might create a joint webinar, write an ebook together, or co-host an event. Unlike co-branding, they aren't creating a new product; they're just sharing marketing e

Co-selling

What is Co-selling? Co-selling is a true team effort. It’s when sales teams from two different partner companies work together to close a deal with a specific customer. Each team brings their own expertise and customer relationships to the table. For example, a software company might co-sell with a