Channel events have always served as good reasons to get partners excited.
These events not only give the channel an excuse to break away from the routine
of carrying out day-to-day business but more importantly they offer a unique
platform for interaction. This interaction is not just between vendors and
partners but also among large number of partners as well.
As far as channel events/meets are concerned, they come in various shapes and
sizes. Nevertheless, they have evolved to become a regular fixture in the annual
agenda of vendors and top distributors alike.
The industry has witnessed a large number of such events being organized in
the past at exotic foreign locales as well as on homeground. Even though the
agenda may vary from one event to the other, what remains common is the
enthusiasm they are able to elicit among the channel community.
What’s so great about channel meets?
Channel meets serve as an occasion to bring vendors and partners together on an
informal platform. According to channel partners, the sheer prospect of getting
to meet a large number of vendors and other partners under the same roof is
tempting enough for them to attend.
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In addition to this, various kind of activities including seminars, panel
discussions and exhibitions get organized at these meets. These activities serve
a great purpose by increasing awareness among the channel community about the
latest happenings in the technology and products front.
The community gets latest information on products, technologies as well as
insights on the prevailing business scenario. Also noticeable is the fact that
such a congregation of vendors and partners provides each of them an unique
opportunity to interact directly, bring up issues of concern, explore newer
avenues and discuss a variety of business propositions. These meets also enable
the partners to book orders at attractive prices and avail of good discounts.
Says Mrudul Desai, GM, Triune Marketing, "These meets have now become
one of the important ‘to-do’ things for vendors and top distributors. They
offer a wonderful opportunity for partners to network with each other as
well." Mrudul believes that it is a good trend and one should get to see
more of such events in the near future. Expressing similar sentiments, Keshav
Madhav, Director, Vidur and Company says, "Channel meets help partners not
just by way of popularizing the products but also help them achieve a better
mindshare."
"Meets organized either by a vendor or a distributor are something that
the channel community always looks forward to and even we enthusiastically
participate in some of them," points out Arif Allana, MD, Fiona Infosystems
Ltd. While vendors can afford to organize large-scale channel meets, it sure
comes as a pleasant surprise to see a distributor doing the same for last three
years. The distributor in question here is Ingram Micro India Ltd, one of the
major IT distributor, and the event, ‘Showcase’. Showcase 2002 is the fourth
edition of this annual event which was held for the first time in 1999.
A one of its kind event
Showcase has come to be touted as one of its kind event in the country and
its latest version–Showcase 2002– promises to live up to its reputation. So
what makes Showcase so different from other channel meets?
For starters, its the sheer size and the number of people attending it. In
showcase 2001, over 1,000 resellers from all across the country participated in
the two-day event held at the historic city of Agra.
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No other event brings together such large number of vendors, distributors and
dealers in a way that Showcase does. Showcase has proved to be a very effective
platform when it comes to facilitating interaction between resellers from
different regions. This helps them understand business dynamics even in regions
where they don’t have a presence. This experience comes very handy in case a
reseller wants to spread his business in newer areas.
Showcase also prides itself as a unique event because of the spectrum of
activities that constitute it. It features interactive talk shows, exhibition of
latest technology and products, seminars and product launches.
In addition to this, a direct and easy access to the vendors comes as a boon
to many of the partners. Says Mrudul, "One very unique feature about
Showcase is the opportunity its offers to us partners to interact directly with
a number of principals in a short duration. This, however becomes very difficult
and time-consuming on an ordinary day."
Mrudul, like many other partners, is also of the belief that an event like
Showcase presents him with a good mix of tangible as well as intangible business
benefits.
Benefits @ Showcase
While Showcase no doubt offers popularity to products, awareness to partners
and a wonderful experience on the whole, it also translates into tangible
business benefits for a large number of resellers. Vendors and distributors
offer some real good deals and discounts for on-the-spot bookings. This enables
partners to book products at prices, which would not be offered otherwise.
Understandably, they can sell these same products earning some handsome margins.
Says Keshav, "From the Dealer’s point of view, it is good as he gets
some very attractive deals and extremely competitive prices from the
distributor. His promises are backed by vendors who are present on the
occasion." He goes on to inform that the last edition of Showcase also had
some positive impact on the business conducted by their regional office at Agra.
Even Himanshu of Sybex Marketing feels the same. He says, "An event like
this is extremely beneficial from the business point of view as it offers
partners some real good deals."
However, Mrudul presents a slightly different opinion. He says,
"Discounts offered at Showcase are not very attractive and they translate
into reasonable profits only if one makes purchase in very large volumes.
On-the-spot purchase of large volumes may not be feasible for many
resellers."
Looking for more
Many partners feel that an event like Showcase needs to be organized more
than just once a year. Also, there are some with an opinion that such events
should also get organized at regional level to increase participation. "The
event would be received with a larger enthusiasm if it is also held at a
regional level," comments Keshav.
On the other hand, Mrudul feels that it would be a wonderful thing if
Showcase can be organized twice a year. However, he also complains about the
lack of discussions related to business strategies. "Vendors should use
this event as a platform to come ahead and discuss their business strategies
given the current economic scenario. They should offer their viewpoints and
suggest as to how the resellers can bring about a difference in their business
by changing their selling approach and methodologies," suggests Mrudul.
Some partners also expressed that the event should be less about ‘wine and
dine’ and there should be a greater focus on products. Keshav even goes to the
extent of suggesting that resellers should be allowed to invite a few of their
customers to attend, even if attendance for them is allowed only for a few hours
in a day.
All said and done, what emerges is that partners do appreciate the benefits
accruing to them from channel meets and Showcase is no exception. Partners are
indeed looking forward to Showcase 2002 to keep themselves updated on the
technology and product roadmaps of leading vendors.
Team DQCI