In yesteryear marketing was simpler. You briefed your ad agency,
took care of the trade, did some promotions and kept your salesforce
happy.
Today is more competitive, expensive, crowded and diverse. In this
arena, alliance marketing is a good way to achieve market impact
to a critical mass of people cost-effectively. There are
4 phases to it - hunting, shunting, grunting and bunting.
The first is about targeting the right partners for your
company. Then it's about shunting to and fro to get the right deal
for the partnership. The grunt work of implementing the promotions
follows and finally the celebrations for good results and working
on developing the relationship further. Experience is particularly
important for alliance marketing as there are many traps to avoid.
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