To win your first €100m annual online sales volume (GMV) via the partnerships channel for the MENA market, you would need to follow a strategic approach.
Firstly, identify potential partners who have a strong presence in the MENA market. These could be local businesses, influencers, or even government entities.
Secondly, create a value proposition that is mutually beneficial. This could be in the form of shared revenue, increased market reach, or access to new customer segments.
Thirdly, establish clear goals and KPIs for the partnership. This will help in tracking progress and making necessary adjustments.
Fourthly, invest in building strong relationships with your partners. This could involve regular communication, joint marketing efforts, and shared resources.
Lastly, continuously evaluate and optimize the partnership. This could involve analyzing sales data, customer feedback, and market trends.
Remember, building a successful partnership takes time and effort, but the rewards can be significant.
How do you select the right partners and pool the best resources? Mutually beneficial relationships...
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