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b'In this age of digital and remote work, partner training has moved online via partner relationship management (PRM) tools. Gone are the days when you used to travel for roadshows or have the partners fly into a training center for hands-on instruction. Whether you are dealing with hardware, software or service, a lot can be done online. Yes, certain trainings do require face-to-face engagement to connect the blue wire with the blue socket and the red wire with the red socket, but most training can now be done online. This is where a state-of-the-art PRM tool can make a big difference.\\n\\n\\n\\nWhether you are building a new channel or upgrading the skills of your existing channel, training is the most critical and strategic activity that you can perform. Just as well-trained sales and service staff are crucial to the success of your direct sales operations, a well-trained partner base is essential to your channel success. While it\\u2019s true that many companies make training too complex or don\\u2019t invest enough in training programs, we have repeatedly seen companies achieve substantial ROI with a structured, consistent, high-quality training program, whether partners are being trained in demand generation, marketing, selling or servicing a customer base. To manage an effective training program in a digital world you need a state-of-the art PRM tool that can help you align your programs to your process so your people can efficiently and cost-effectively deliver programs locally and globally.\\n\\n\\n\\nLet\\u2019s go through the five critical success factors for an effective partner training program. While these are not the only factors that you need to consider, they are the most significant drivers for most organizations trying to train a large group of people in a methodical fashion.\\n\\n\\n\\nLearning management system (LMS)\\xa0\\u2013\\xa0One of the core requirements for digital training is a PRM tool that has a state-of-the-art LMS. Your LMS should be able to provide tracks, courses and certifications. It should also be SCORM-compliant and be able to serve customized content based on various partner groups and profiles. The ability to personalize content to specific audiences is essential. Be sure that the PRM tool that you pick is flexible and configurable enough to address this aspect of your partner training needs.\\n\\n\\n\\nFace-to-face trainings\\xa0\\u2013\\xa0In addition to providing online training and an LMS, your PRM tool should be able to provide you with a robust offline training and event management platform. Unless you are selling software and can do the entire training online, you will have to consider at least some face-to-face training. This is essential for hardware or other goods. In the areas of retail and hospitality especially, live in-person face training will play a critical role in your success. Your PRM tool should be able to integrate online digital and offline physical training in a seamless way.\\n\\n\\n\\nAligned\\xa0incentives\\xa0\\u2013\\xa0Any kind of training will entail expenses. A fully trained partner base can drive more sales and lower service costs, but let\\u2019s not forget that training involves time (which you pay for) and resources. Because of that, whether a partner organization is going through online or offline training across multiple functions or vendors are offering training to partners, both the channel organization and the partner organizations must have appropriate incentives to benefit from meaningful, integrated training and reap the results from it. That\\u2019s why our PRM tool needs to be able to help you set up and track various incentives programs, and link them back to specific training events and programs.\\n\\n\\n\\nLead distribution & management\\xa0\\u2013\\xa0One of the best ways to incentive partners is to give them leads once they are certified with specific product categories. Nothing excites more partners to make more money than the prospect of converting the knowledge they receive in training programs into real dollars. Your PRM tool needs to be able to link your training ...'