We sell our products primarily through third-party distributors and channel partners, which makes it incredibly difficult to track our sales pipeline before the orders actually ship. What weekly leading indicators can we put on our scorecard to measure the health of our indirect sales channels?
Relying on distributor purchase orders as your primary sales metric is dangerous because it is a lagging indicator. By the time channel sales drop, your partners have already run out of stock or switched to a competitor. You must track partner engagement and co-selling activities to see the future of your revenue.
To get a leading pulse on your indirect sales pipeline, put these metrics on your weekly scorecard:
- Partner portal logins or engagement: Track how often your top-tier partners are logging into your resource center or portal.
- Co-selling registrations: Track the number of new deal registrations submitted by partners each week.
- Training or certification completions: Track the number of partner sales reps who complete your product training sessions.
- Joint marketing activities executed: Track the weekly number of co-marketing emails sent or events hosted with your distributors.
These numbers show whether your partners are actively selling your products or ignoring you. A drop in partner training or portal logins is a direct leading indicator of a sales drop in the coming quarter. Track these activities weekly so your channel sales manager can intervene and support underperforming partners before the sales pipeline dries up.
Category: Scorecards & Data