Who We Sell To - Channel Part. I Flashcards

1
Q

What is a partner Margin?

A

….purchase our product at a discounted rate (referred to as their partner margin)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is a reseller?

A

…an organization that will purchase our product at a discounted rate… and then resell the licenses to their customers.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What does it mean to buy “per client”

A

….each order is separate per end customer.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What is the responsibility of a Channel Rep regarding the CSM relationship with a reseller and the reseller’s customers?

A

…we want to make it clear of front what a huge value-add it is for them to utilize our CSM’s for free. CSM - Help for renewals, customer satisfaction, and getting the most of the platform.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What is “MSP” abbreviated for, and what do they do?

A

Managed Service Provider will be managing the platform for all their clients.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What is the most common, though not the only way an MSP buys our platform subscription?

A

Bulk - by purchasing a bulk amount of seats.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

How do we deal with consultants who want to refer our platform for a fee?

A

We…want to vet out these types of partners throughly.

If we think the consultant is a viable partner then the consultant will recommend and pitch our platform to their customers….the consultant will then give a warm hand off of their clients to the Channel rep.

The rep will give a demo and when the deal close the consultant will received a 10% “finders fee” After the customer pays for the order.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What are “distributors” and when would we work with them?

A

…organizations that sell directly to resellers. We work with distributors when they bring clients to us.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly