Page 35 - Beverage Master February March 2020
P. 35

Craft Beverage

                          Deepening Relationships                   with a pilot program or highly targeted incentive
                         Throughout Your Channel                    promotion. You can always scale, once you’ve prov-
                                                                    en that you can do this successfully.
                 Finally, in addition to short-term sales growth and
               marketing penetration, your incentive program has      However, it’s also important to have a sense of
               another benefit that will have a lasting impact on   urgency. As craft beer sales continues to grow, so
               the success of your go-to-market strategy: relation-  will competition for craft beer dollars. Beating your
               ship-building. Non-cash rewards are a social curren-  competitors to building an incentive program for
               cy that achieve emotional impact and memorability    your distributor and wholesale sales reps can be a
               with sales reps at distributors and wholesalers. In   major competitive advantage. Plus, you owe it to
               addition to motivating sales growth and reinforcing   your future customers to help them find their new
               desired behavior, the rewards your program offers    favorite beer!
               create a sense of personalization.
                                                                                             Nichole Gunn is the VP of
                 For craft beer producers, your distributors and                             Marketing and Creative
               wholesalers are more than just conduits to the end                            Services at Incentive
               consumer. They are your partners – an indispens-                              Solutions (www.incen-
               able part of your go-to-market strategy. Offering                             tivesolutions.com), an
               your sales reps the opportunity to choose from                                Atlanta-based incentive
               exciting rewards or treating top performers to                                company that specializes
               unforgettable incentive travel experiences rep-                               in helping B2B companies
               resents the type of brand interactions that will set                          improve their channel
               you apart from the competition. But more than                                 sales, build customer
               that, these rewards inspire your distributor and                              loyalty, and motivate
               wholesaler sales reps to emotionally invest in your   their employees. Nichole Gunn can be reached at
               brand and take an active interest in your success.   ngunn@incentivesolutions.com


                       Unsure About Where to Start?
                           Be Smart, Explore Your
                     Options and Focus on Scalability

                 An incentive program can be an integral part
               of a craft beer producer’s go-to-market strategy.
               However, what about companies who have never
               used this type of strategy before? If you are inter-
               ested in creating a channel marketing program for
               your distributors and wholesalers, do your home-
               work. Identify a goal for your program and the
               software functionalities you’ll need to achieve that
               goal.

                 Compile a list of incentive program providers who
               fit your requirements and who have a proven track
               record, with case studies and testimonials to prove
               it. From there, begin reaching out to these provid-
               ers and enlist their help in planning your incentive
               strategy. Use these conversations to refine your
               strategy and learn more about what has worked for
               companies with similar goals and similar distribu-
               tion channels to yours in the past.

                 Once you’ve decided on a provider, you don’t
               have to go all in. It’s prudent to start small, maybe
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