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Marketing Channel Incentives

This specialization is ideal for individuals who currently work in or are targeting opportunities in consulting and strategy, industrial sales and buying, marketing management, entrepreneurship and business development.

In this course, you will be exposed to the challenges of implementing a pricing strategy in your route-to-market and the necessity of becoming a "strategic skeptic." Questions such as, "how to ensure our partners do the right activity at the right price?" "how should my firm protect itself from channel partners who seek to cheat or free ride?" will be answered. You will also be exposed to direct selling channels, their incentive structures, and understand how and when they might represent a viable route-to-market.

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What's inside

Syllabus

PRICING

Pricing is a unique challenge in channel management largely due to the inability to firmly set and enforce a downstream retail price. This module will overview the factors that contribute to this dilemma as well as related solutions.

THE STRATEGIC SKEPTIC

This module will outline the various risks in working with and coordinating channel partners. It will also overview potential solutions.

DIRECT SELLING

This module overviews and defines direct sales channels and their management challenges via specific examples.

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Covers how to best implement a pricing strategy and how to deal with challenges therein; teaches the value of a strategic approach

Teaches how to avoid risks of working with channel partners and offers solutions for how to overcome these challenges

Defines direct sales channels and management challenges via specific examples

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Marketing Channel Incentives with these activities:

Create a Business Case for a New Pricing Strategy

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Create a business case to demonstrate your understanding of pricing strategy and its implementation in channel management.

Browse courses on Pricing Strategy

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Analyze current pricing strategy and market conditions.
Develop a new pricing strategy and justify its benefits.
Identify potential risks and challenges of implementing the new strategy.
Calculate the expected ROI and impact on business performance.
Present the business case to stakeholders for feedback and approval.

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Career center

Learners who complete Marketing Channel Incentives will develop knowledge and skills that may be useful to these careers:

Business Development Manager

A Business Development Manager grows the business by developing relationships with new clients, developing marketing campaigns, and negotiating new deals. In order to be successful in this role, one must be able to effectively communicate with clients and partners, develop and implement marketing strategies, and negotiate contracts. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Business Development Manager

Marketing Manager

A Marketing Manager develops and executes marketing campaigns to promote products or services. In this role, one must be able to identify and target audiences, develop marketing budgets, and track campaign results. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Marketing Manager

Channel Sales Manager

A Channel Sales Manager manages and develops relationships with channel partners, such as distributors and resellers, to increase sales of products or services. In this role, one must be able to identify and target channel partners, develop and implement channel sales strategies, and manage channel relationships. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Channel Sales Manager

Sales Manager

A Sales Manager leads and manages a team of salespeople, overseeing the sales process and ensuring that sales goals are met. In this role, one must be able to motivate and lead a team, develop and implement sales strategies, and negotiate contracts. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Sales Manager

Pricing Analyst

A Pricing Analyst develops and implements pricing strategies for products or services. In this role, one must be able to analyze market data, develop pricing models, and negotiate contracts. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Pricing Analyst

Marketing Strategist

A Marketing Strategist develops and implements marketing strategies to achieve business goals. In this role, one must be able to identify and target audiences, develop marketing budgets, and track campaign results. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Marketing Strategist

Consultant

A Consultant provides advice and guidance to businesses on a variety of topics, such as marketing, sales, and operations. In this role, one must be able to analyze business data, develop recommendations, and communicate effectively with clients. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Consultant

Marketing Analyst

A Marketing Analyst analyzes marketing data to identify trends and develop insights. In this role, one must be able to collect and analyze data, develop reports, and present findings. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Marketing Analyst

Sales Operations Manager

A Sales Operations Manager oversees the sales process and ensures that sales goals are met. In this role, one must be able to develop and implement sales processes, manage sales data, and report on sales performance. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Sales Operations Manager

Product Manager

A Product Manager is responsible for the development and management of a product or service. In this role, one must be able to define product requirements, develop product roadmaps, and launch new products. The Marketing Channel Incentives course can help build a foundation for success in this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Product Manager

Data Analyst

A Data Analyst analyzes data to identify trends and develop insights. In this role, one must be able to collect and analyze data, develop reports, and present findings. The Marketing Channel Incentives course may be useful for this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Data Analyst

Business Analyst

A Business Analyst analyzes business data to identify problems and develop solutions. In this role, one must be able to collect and analyze data, develop recommendations, and communicate effectively with stakeholders. The Marketing Channel Incentives course may be useful for this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Business Analyst

Operations Analyst

An Operations Analyst analyzes operational data to identify problems and develop solutions. In this role, one must be able to collect and analyze data, develop recommendations, and communicate effectively with stakeholders. The Marketing Channel Incentives course may be useful for this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Operations Analyst

Financial Analyst

A Financial Analyst analyzes financial data to identify trends and develop insights. In this role, one must be able to collect and analyze data, develop reports, and present findings. The Marketing Channel Incentives course may be useful for this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Financial Analyst

Risk Analyst

A Risk Analyst analyzes data to identify and assess risks. In this role, one must be able to collect and analyze data, develop reports, and present findings. The Marketing Channel Incentives course may be useful for this role by providing an understanding of how to develop and implement pricing strategies, manage channel partners, and direct sales channels.

See salaries and explore the career path for Risk Analyst

Reading list

We've selected 12 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Marketing Channel Incentives.

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