Deal registration
Noun
[deel reh·juh·stray·shn]
Deal registration is a formal process common in reseller programs that ensures when a partner brings forward a new potential customer to a vendor they have the exclusive rights to pursue the sale, close the deal and earn additional partner rewards. It is a way to ensure other partners (or even the vendor themselves) do not compete with other partners by pursing already active leads.
Deal registration is a benefit to both the vendor and partner. For the vendor, it serves to incentivize their program partners to bring in new business leads and avoid conflict between channel partners and internal sales teams. For the partner, it protects their time investment as they pursue a potential customer.
Deal registration programs vary from vendor to vendor. Some deal registration programs may require that the partner has already met with a potential client or set up a meeting between the client and vendor.
Example: Clark, who is part of a VAR program, finds an appropriate potential customer for the vendor. To secure the potential customer, Clark submits a deal registration form with the prospect’s details to the vendor.
.jpg)
The Ultimate Guide to Partnerships for Ecosystems in 2023
Noun
[dee-ackti-vay-ted li-nk]
A deactivated link no longer directs to a webpage. Deactivating partner links means that if anyone clicks on the partners' links after their links were deactivated, they will land on a 404 page and not your website. Deactivated links are a solution for cases where you want to stop referrals or leads from a partner reaching your webpage. This is a great solution if you are concerned that the partner is referring fraudulent customers.
Deactivating links is usually done when you're in the process of removing a partner from your program.
Example: Jonie had to remove a partner from her program for sending bot leads through. One of the most important parts was deactivating the partner's link so their referrals couldn't access the program webpage.
Noun
[dir-ekt cha-nul]
A direct channel is a sales channel through which goods and services are sold by the manufacturer directly to an end user. These traditional channels don't involve partners of any sort. In direct sales, the end user can purchase the product through online marketplaces, mail order, or face-to-face sales, as long as there is no intermediary distributor or salesforce other than the original manufacturer.
Direct channel gives the manufacturer more control over the sales process of their product and often comes with lower overhead costs. That said, direct channel doesn't have the reach and revenue potential that channel sales can offer. Note that many software companies utilize both direct and channel sales in their overall sales strategy to take advantage of the benefits of both.
Example: An example of direct channel would be going to the PartnerStack website and purchasing the software directly from the PartnerStack sales team. You'd be getting the software straight from the manufacturer without any intermediaries involved in the sales process.
Grow bigger and better with PartnerStack
Go all in with partnerships. Demo our platform to see how you can diversify your channel and scale revenue.
