Empowering channel partners to drive sales growth in 2020 Part 2: The right way to reward

Empowering channel partners to drive sales growth

In the previous blog we talked about how to motivate the channel partners to accelerate sales growth. Besides maintaining a close relationship and providing them with effective sales tools, the kind of reward that you offer plays an extremely crucial role in motivating them to push your product.

Empowering channel partners to drive sales growth in 2020 – Part1: Motivation

Empowering channel partners

You may have already designed strategies for sales, profit and market share target achievement for the year 2020. Increasing sales by expanding the numeric distribution may be one of your sales strategies, but it may not necessarily drive the desired sales growth. While increasing coverage and distribution by getting more channel partners on-board may somewhat uplift the sales, it is important to assess the performance of the current channel partners. If the in-store share has not been increasing, it is possible that the existing channel partners are not being utilized to their full potential.

January 2020

We’ve started the new year on a high note with some really exciting launches. The month of love is right around the corner and it’s time to charm your lady love with jewellery and beauty gift cards. And if you’re reading this from Malaysia, then we know the perfect place for you to go on a date!

One retailer. One consumer convenience point.

Qwikcilver's merchant wallet

Let’s start with a consumer’s wallet; the old-school, physical variety. The wallet has compartments to store cash, stack prepaid cards, among others. In effect, all the currencies a consumer will have a need for during a transaction.

December 2019

Qwikcilver Newsletter thumbanil showcasing December 2019 highlights.

Wow, it’s December already! The year sped by quickly with exciting events, carnivals, and launches keeping us busy. If this year is any indication, 2020 should be so all kinds of interesting for the Gift card category. We’re ready to end 2019 on a high note by launching gift cards for some really amazing brands.

November 2019

From the “Biggest-ever” Gifting Carnival to some super exciting launches, October was an extra special month for us. With more and more brands viewing gift cards as a strategic marketing tool for their business, the future of gifting is here!

October 2019

t’s October already! With so much happening for us, time has flown by quickly. After a successful Gift Card Conclave in Singapore last month, we are thrilled about many exciting launches this month, in our markets across Middle east & South East Asia. And the best part, the festive season is here and wet’s October already! With so much happening for us, time has flown by quickly. After a successful Gift Card Conclave in Singapore last month, we are thrilled about many exciting launches this month, in our markets across Middle east & South East Asia. And the best part, the festive season is here and we can’t wait to share our joy with you. So we’re bringing back a much bigger and better Gifting Carnival! can’t wait to share our joy with you. So we’re bringing back a much bigger and better Gifting Carnival!