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VAR Strategy Update Russell Harty Senior Vice President, VAR Channel.

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Presentation on theme: "VAR Strategy Update Russell Harty Senior Vice President, VAR Channel."— Presentation transcript:

1 VAR Strategy Update Russell Harty Senior Vice President, VAR Channel

2 Agenda Channel Expansion to VAR Market VAR Team Mission
Sales Organization Operational Initiatives Sales & Marketing Initiatives VAR/ISV Convergence Q&A

3 Channel Expansion to include VAR Market
Expanded charter from primarily ISV focused channel to targeting VARs Investment in outbound sales personnel Established geographic territories Implemented Sales/Marketing/Support/Operation improvements Embracing market convergence of Agent and VAR Channels Leverage success and resources from existing Agent Team POS Marketplace, Support/Genius Support/Pricing Combine agent support and Partner Concierge to streamline service offering and allow for specialization

4 Direct VAR Sales Organization Chart
Russell Harty SVP VAR CHANNEL Gabe Garcia WEST COAST Melanie Guard SOUTHEAST PJ Tierney NORTHEAST/PR Tonida Vaka INSIDE [Open] Direct VAR Sales Organization Chart With full support of: Partner Concierge Agent Support Team Marketing Inside Sales BDM/PDM Team

5 VAR Channel Mission Drive Unified Commerce Value Prop: Make it Simple:
Genius Countertop Genius Handheld Genius Mini Cayan Checkout Make it Simple: Partner Concierge Reduce number of agreements Optimize lead tracking: data, availability, access Tailor Value Prop to specific VAR channel/vertical/product

6 VAR Channel Mission Optimize Level of Sales Training:
Highlight unique Cayan advantages Develop talk tracks for VAR sales reps Validate training is working, avoid overkill/oversell Implement testing/quizzes for certification Gain Insight into Pipeline: Geographical sales coverage model Inside VAR Sales personnel with outbound calls Assigned Sales resources to strategic technology focused VARS Attend & sponsor top industry trade shows

7 Key VAR Operational Initiatives
Increase lead visibility via Inside Sales Team & Partner Portal Residuals: Improve visibility via Partner Portal and provide escalation path should any questions arise Monitor VAR feedback via surveys and outbound calls (service, sales, sales support) Increase functionality and utilization of SalesForce for internal sales team Engaged with SiriusDecisions to help adapt industry best practices Launch auto-enrollment to expedite sales boarding process and increase leads

8 Key VAR Sales & Marketing Initiatives
Offer competitive pricing models: VAR/Agents submitted deals and lead referrals Spiffs tailored with ISV for VAR partners Ensure marketing tools available (webinars, on-site training, Partner Concierge, videos, documentation, etc.) Seek ongoing feedback on marketing trends, pricing, competitive pressures, perception of Cayan, where value prop is being absorbed and where it needs to improve Leverage other overall Cayan marketing improvements developed in 2017

9 Agent/VAR Convergence
Cayan Uniquely suited to provide VARs & Agents with optimum sales & support VARs moving to submit processing vs. referrals Specific Pricing available to provide increase in residuals for submitting applications vs. leads Agents expanding business to include POS Specific pricing available to allow Agents to re-sell integrated processing Service Collaboration (Partner Concierge & Agent Support) Cayan Agent Support for processing, sales support, pricing training, residual questions etc. will now be part of the overall support team for VARS Partner Concierge, will provide the Genius support, installation assistance, escalations, and welcome kits Certification will be required by ISV for VAR/Agents

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