TCMA is becoming a must-have for companies as part of their partner tech stack, really the most effective and efficient tool for channel marketers and sales. If you haven’t, I’m sure you’ve at least heard of it, and we want to do a good overview of what TCMA is, how it works, and why it is such an essential tool for scaling your channel partner program. TCMA is much more than a partner portal or PRM. Many professionals mistake them for one another. Imagine a portal or PRM to be a garage to store things for your car. Through Channel Marketing is the car.
What is through channel marketing automation
In simple words, TCMA is software to help businesses go about their efforts at channel marketing, which might be related to lead generation, lead nurturing, or campaign management. This lets the businesses track, attribute, and analyze their channel partners and campaigns, therefore unlocking what’s hidden behind the veil of channels. Thereby, through streamlining and automation of such processes, TCMA can increase further: efficiency, drive revenue growth, and make channel marketing and sales data-driven.
Breaking the 80/20 rule
We understand that the channel marketing process is very complex and time-consuming, especially when the number of channel partners goes into thousands. Without a centralized platform to manage and optimize these efforts, businesses could not gain consistency of results with their partners. They accepted the pareto principle or the 80/20 rule as the norm for channels. It is here that through channel marketing automation comes to aid-the single platform for managing and automating the separate variances of channel marketing, starting from lead generation up to campaign management.
Channel marketing automation typically comprises several of the major features such as automation of lead management and nurturing, co-branding and customization, analytics, attribution and reporting, and also a portal for the partners. These make optimization and management of channel marketing much easier for businesses so that they provide enough support to their partners in the sales and revenue growth process.
Benefits of TCMA
One of the efficiencies the channel marketing automation creates in the productivity space is because of repetitive tasks. Such processes include the generation and nurturing of leads. Through this, businesses free up time and resources to spend on higher value-add activities, such as building relationships with partners or closing deals. Therefore, pre-approving the marketing materials and campaigns of partners via channel marketing automation might help it save time that otherwise would be used by partners to develop their own marketing collateral materials hence promoting efficiency as well.
With this kind of marketing automation, better collaboration and efficient communication with channel partners shall be experienced. Information and resources about channel marketing will easily be shared among the business and its partners for effective collaboration and working. Increased sales and revenue growth accompany better partnership engagement and cooperation.
Channel marketing automation offers businesses a variety of attribution, data and insights that help in structuring the channel marketing strategy. Utilizing the tracking and analysis of partner performance, campaign data, and content attribution, businesses are able to make informed, data-driven decisions in how to manage their partners, allocate resources, improve quality of content, and hone in their channel marketing strategy. This results in better-performing campaigns, more leads, and increased ROI.
Channel marketing automation is fast becoming a business imperative for organizations interested in expanding the scope of channel partner programs. Streamlined channel marketing can definitely bring about efficiency, drive revenue growth, and also enhance partner relationships through automated channel marketing. It provides lead management and nurturing, co-branding and customization, analytics and reporting, and a partner portal through channel marketing automation. With all these, businesses would have everything to pursue their business ventures in a very competitive market. Contact xAmplify for more.