Friday, October 25, 2024

Avoiding the Chaos: Why Builders Need to Rethink Multiple Channel Partnerships

Why Builders Using Multiple Channel Partners is a Recipe for Disaster

Builders, here’s the brutal truth: partnering with too many channel partners is like trying to organize a circus with every performer running their own act—chaotic and bound to fail. Here’s why this “more-the-merrier” approach is a terrible idea:

1. Confusion Central: Inconsistent Brand Messaging

Every channel partner has their “special” way of selling, which means the same property gets advertised in a dozen different ways. Instead of consistency, you end up with a scattered, “who are they even?” identity that no buyer wants to trust.

2. Loss of Control: Say Goodbye to Customer Connection

With channel partners running the show, you’re sidelined in the buyer's journey. Valuable customer feedback? It’s gone. Consistent messaging? Not happening. And that crucial trust? Well, it’s spread so thin even you can’t find it.

3. Brand Identity Crisis

We’re talking about reputation here—years spent building a name in the market. Each partner chips away at it, reshaping your brand according to their whims, leaving buyers confused and you, the builder, with a diluted brand no one recognizes.

4. Knowledge Gaps and “Expert” Opinions

Channel partners vary in skill. One partner is an expert, the next barely knows the difference between a penthouse and a patio. What do buyers get? Inconsistent answers, a lack of expertise, and zero faith in your brand’s credibility.

5. Price Wars and Discounts

With each partner setting their own prices, buyers are left wondering: “Why the price difference?” Your property becomes a commodity, driving your brand down while diluting the value you’ve worked so hard to create.

6. Cannibalisation of Your Own Market

Multiple partners competing for the same buyers? They’ll undercut each other to close a deal. Your brand value? Eroded. Market clarity? None. Partner loyalty? That’s the dream—wake up, because this road leads straight to market self-destruction.

 7. Overexposure Means Zero Exclusivity

Too many channels mean your property is everywhere—and that’s not always good. Overexposure drains the uniqueness right out of your brand. For premium properties, this spells disaster; you want your buyers to feel like they’re getting something special, not a property of the month.

Bottom Line: Builders, the trick isn’t to go wide but to go wise. Keep your partners few, strategic, and aligned. Set clear standards, protect your brand, and engage directly with your buyers. After all, reputation and customer trust are your biggest assets. Don't let an overload of partners bulldoze your brand’s foundation.

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Avoiding the Chaos: Why Builders Need to Rethink Multiple Channel Partnerships

Why Builders Using Multiple Channel Partners is a Recipe for Disaster Builders, here’s the brutal truth: partnering with too many channel pa...