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The Channel Advantage
 
 
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The Channel Advantage [Hardcover]

Lawrence Friedman (Author), Tim Furey (Author)
4.7 out of 5 stars  See all reviews (16 customer reviews)

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Book Description

0750640987 978-0750640985 June 15, 1999 1
'The Channel Advantage' deals with one topic, and deals with it comprehensively and rigorously: how to construct a sales channel system that will yield world-class sales performance and durable competitive advantage. This book helps readers move decisively away from the notion of channel strategy as a sideline to the core business. Building a channel advantage is the core business today, and this is an essential text and reference for all serious marketing and sales professionals and students.

Channel innovation is separating market winners from market losers, and not just in leading-edge technology industries. In a business world where industry players are selling practically the same products at essentially the same prices at about the same cost, the only real source of sustainable competitive advantage is the sales channel: how you sell, not what you sell. Selling becomes a question of how to connect products with customers via the best mix of sales channels: the sales force, value-added partners, distributors, retail stores, telemarketing, and the Internet.

In short, how companies sell has become as important as what they sell. 'The Channel Advantage' explains how leading companies develop strategies that integrate e-commerce, telemarketing, sales forces, and distributors to achieve superior sales performance and sustainable competitive advantage.

Timothy R. Furey is chairman, CEO and co-founder of Oxford Associates, a privately held consulting firm specializing in sales and market strategy, e-commerce channel integration and market research, based in Bethesda, Maryland. Oxford has achieved an annual growth of more than forty percent since its creation in 1991 and was named one of America's 500 fastest growing private companies by Inc. Magazine in 1997.

Furey, a pioneer in the use of hybrid sales and marketing strategies for blue chip companies, works extensively with senior management leadership teams to develop and implement go-to-market growth strategies. His clients include IBM, American Express, Marriott, Xerox, Fidelity Investments, Bristol-Myers Squibb, and Johnson & Johnson. Under his leadership, Oxford Associates has developed leading-edge strategies, business processes and systems for deploying and integrating multi-channel sales and marketing systems. They work to align products with the right customers via an appropriate mix of the Internet, telesales, distributors, value-added partners, and traditional sales force channels.

Mr. Furey is the co-author of THE CHANNEL ADVANTAGE (Butterworth-Heinemann, August 31, 1999), which is endorsed by the CEOs of America Online, Lotus Development, Ocean Spray, and Xerox. Mr. Furey also serves on the Board of Directors of Alpha Industries (Nasdaq:AHAA), a leading semiconductor manufacturer for wireless telephone applications.

Previously, Mr. Furey worked with Boston Consulting Group, Strategic Planning Associates, Kaiser Associates and the Marketing Science Institute. He earned a BA in Economics, cum laude, from Harvard University and an MBA from the Harvard Business School.

Lawrence G. Friedman is an internationally recognized channel strategy consultant whose clients have included companies such as Lotus, AT&T, Canon, Compaq Digital Equipment, Microsoft and Bell Atlantic. He also held executive level positions at Andersen Consulting and Huthwaite, Inc., the sales research firm that developed the SPIN Selling Model.

In 1996, Friedman, with Neil Rackham and Richard Ruff, co-authored the best-seller, GETTING PARTNERING RIGHT (McGraw-Hill). He is on the review board of the Journal of Selling and Major Account Management, which published his article, Multiple Channel Sales Strategy, in the April, 1999 issue.

His firm, The Sales Strategy Institute, works with clients to identify and evaluate new go-to-market opportunities and conducts in-depth channel strategy workshops and seminars. Mr. Friedman is a frequent guest speaker and lecturer on sales and channel strategy throughout the United States, Europe and Asia.

Mr. Friedman earned an MA from the University of Chicago.


The first rigorous and definitive guide looking at the whole field of channel strategy
Shows you how to evaluate new channels
Uses real life case studies illustrating cutting edge channel management

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Editorial Reviews

Review

"The Channel Advantage is filled with insights and useful examples. It provides a clear roadmap for businesses seeking to catch up with important changes in consumer behavior by integrating the Internet into an effective blend of channels."

Steve Case
Chairman, America Online

"The Channel Advantage is a compelling and important book. It is a timely one as well. Companies are struggling to improve sales force performance while trying to figure out how to integrate and use new, alternative channels. This is perhaps the first book that offers a coherent overall framework for going to market. Its ideas will shape how companies use sales channels for years to come."

Neil Rackham
Author of SPIN Selling

"The new market place, driven by digital commerce and changes in customer behavior, allows anybody to buy anything, anywhere at any time, so businesses must reach out to their customers everywhere at all times. The Channel Advantage makes a compelling case that by recognizing this challenge and by taking advantage of the new opportunities it offers, the seemingly impossible of today can be transformed into the successes of tomorrow."

Rick Thoman
President and Chief Operating Officer, Xerox Corporation

"If you're looking to rethink the way you get products to market, this book asks all the right questions. Very thought provoking!"

Thomas E. Bullock
President and Chief Executive Officer, Ocean Spray

"Executives who fail to place a high priority on new channel marketing strategies, especially the Internet, place the future of their enterprises in serious jeopardy. They, in particular, need to read 'The Channel Advantage' in which Larry Friedman and Tim Furey nail the issues soundly in a very easy-to-read, well-informed manner."

Jeff Papows, PhD
President and CEO, Lotus Development Corporation

From the Publisher

How companies sell has become as important as what they sell. THE CHANNEL ADVANTAGE explains how leading companies develop strategies that integrate e-commerce, telemarketing, sales forces, and distributors to achieve superior sales performance and sustainable competitive advantage.Timothy R. Furey is chairman, CEO and co-founder of Oxford Associates, a privately held consulting firm specializing in sales and market strategy, e-commerce channel integration and market research, based in Bethesda, Maryland. Oxford has achieved an annual growth of more than forty percent since its creation in 1991 and was named one of America's 500 fastest growing private companies by Inc. Magazine in 1997. Furey, a pioneer in the use of hybrid sales and marketing strategies for blue chip companies, works extensively with senior management leadership teams to develop and implement go-to-market growth strategies. His clients include IBM, American Express, Marriott, Xerox, Fidelity Investments, Bristol-Myers Squibb, and Johnson & Johnson. Under his leadership, Oxford Associates has developed leading-edge strategies, business processes and systems for deploying and integrating multi-channel sales and marketing systems. They work to align products with the right customers via an appropriate mix of the Internet, telesales, distributors, value-added partners, and traditional sales force channels.Mr. Furey is the co-author of THE CHANNEL ADVANTAGE (Butterworth-Heinemann, August 31, 1999), which is endorsed by the CEOs of America Online, Lotus Development, Ocean Spray, and Xerox. Mr. Furey also serves on the Board of Directors of Alpha Industries (Nasdaq:AHAA), a leading semiconductor manufacturer for wireless telephone applications.Previously, Mr. Furey worked with Boston Consulting Group, Strategic Planning Associates, Kaiser Associates and the Marketing Science Institute. He earned a BA in Economics, cum laude, from Harvard University and an MBA from the Harvard Business School. Lawrence G. Friedman is an internationally recognized channel strategy consultant whose clients have included companies such as Lotus, AT&T, Canon, Compaq Digital Equipment, Microsoft and Bell Atlantic. He also held executive level positions at Andersen Consulting and Huthwaite, Inc., the sales research firm that developed the SPIN Selling Model.In 1996, Friedman, with Neil Rackham and Richard Ruff, co-authored the best-seller, GETTING PARTNERING RIGHT (McGraw-Hill). He is on the review board of the Journal of Selling and Major Account Management, which published his article, Multiple Channel Sales Strategy, in the April, 1999 issue.His firm, The Sales Strategy Institute, works with clients to identify and evaluate new go-to-market opportunities and conducts in-depth channel strategy workshops and seminars. Mr. Friedman is a frequent guest speaker and lecturer on sales and channel strategy throughout the United States, Europe and Asia.Mr. Friedman earned an MA from the University of Chicago.

Product Details

  • Hardcover: 228 pages
  • Publisher: Butterworth-Heinemann; 1 edition (June 15, 1999)
  • Language: English
  • ISBN-10: 0750640987
  • ISBN-13: 978-0750640985
  • Product Dimensions: 9.1 x 6.3 x 0.8 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (16 customer reviews)
  • Amazon Best Sellers Rank: #123,348 in Books (See Top 100 in Books)

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Customer Reviews

16 Reviews
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Average Customer Review
4.7 out of 5 stars (16 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

19 of 19 people found the following review helpful:
5.0 out of 5 stars Great book by well-known author, July 26, 2000
By 
Percy Terlick (Melbourne, Australia) - See all my reviews
This review is from: The Channel Advantage (Hardcover)
I just returned from a conference in Sydney at which Mr Friedman was the keynote speaker. Mr Friedman is one of the leading strategists in the world today in the area of channel strategy. I have recently read this book The Channel Advantage, and it is excellent. Although it is introductory in nature it addresses virtually every issue today's channel manager or executive will encounter. Smaller companies can use this book to develop a clear sense of the Big Picture for growing their businesses. For larger companies the chapters on channel integration and economics will prove most useful.
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14 of 14 people found the following review helpful:
5.0 out of 5 stars Great "Step by Step" analysis of channel penetration, February 7, 2000
This review is from: The Channel Advantage (Hardcover)
This book is a great read for the company looking to expand its market penetration through more indirect marketing methods. The content is written in a format which is very organized and properly summerized at the end of each chapter. I found that as I read through the content - several questions arose; but, in turn, finding answers to those questions immediately as I read further. The authors do a wonderful job of presenting the content in a easy to understand format. The book includes several charts and graphs that are useful in designing your own channel program.
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7 of 7 people found the following review helpful:
5.0 out of 5 stars Very solid, November 2, 1999
By A Customer
This review is from: The Channel Advantage (Hardcover)
Cool book! Looks at all sorts of issues for today's channel strategist. The authors really hammer home the theme that your channel strategy must be about your customers and how they want to do business, which is often overlooked. There are just a bare minimum of silly buzzwords, and the authors have written a serious book with lots of detailed (and thankfully relevant) examples, case studies, and concise, actionable ideas.
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Inside This Book (learn more)
First Sentence:
Dell Computer makes personal computers that are about the same as its competitors' products. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
channel action plan, telechannel applications, selling profitability, large account acquisition, aligning channels, business partner channel, inbound call centres, large account selling, channel metrics, new account acquisition, channel selection process, direct marketing channels, channel profitability, telemarketing reps, key performance drivers, new selling opportunities, channel mix, field reps, channel preferences, field sales force, channel coverage, channel touch, channel integration, purchasing situations, average order size
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Orchard Park, Oxford Associates, Dell Computer, First Direct, Apple Computer, High Cost of Sale Figure, Industrial Products Corporation, Meridian Systems
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