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Zonal Head of New Channel Development
1 month ago
NMIMS is a leading institution in the education sector, and we are seeking a highly skilled professional to join our team as a Zonal Head of New Channel Development.
Job TitleZonal Head of New Channel Development
Reports toHead of Consumer Business
Job PurposeThe Zonal Head of New Channel Development will be responsible for driving the development and expansion of new channels for NMIMS within their designated zone. This role will play a crucial part in identifying and implementing strategies to acquire new channel partners.
Key ResponsibilitiesChannel Strategy- Develop and implement a market expansion strategy to identify and develop new sales markets for assigned geography.
- Analyze market trends, partner needs, and competitive landscape to determine the most viable approach for channel expansion.
- Continuously explore and assess new market opportunities within the assigned zone, identifying untapped areas, customer segments, or niche markets where NMIMS can expand its presence through new channels.
- Responsible for growing the partner/distribution network and expanding under-tapped territories.
- Identify and evaluate potential new channel partners for student enrollment and establish strategic partnerships.
- Lead the acquisition and onboarding process for new sales channel partners, including negotiating contracts, establishing mutually beneficial partnerships, and ensuring smooth integration of new channels into NMIMS's sales operations.
- Build and maintain strong relationships with channel partners and other stakeholders to ensure effective collaboration and alignment of objectives.
- Provide guidance, support, and induction training to channel partners to establish a strong foundation.
- Collaborate with cross-functional teams, such as Channel Management, Marketing, and Product Development, to ensure seamless integration of new channels into NMIMS's overall business strategy.
- Ensure channel partners adhere to NMIMS's policies, procedures, and legal requirements, monitoring compliance with contractual agreements, pricing policies, and branding guidelines.
- Take appropriate actions to address non-compliance and mitigate risks associated with channel activities.
- Manage a team of sales professionals responsible for new channel development within the zone.
- Provide coaching, guidance, and support to the team to ensure their success in achieving targets and implementing the channel development strategy.
- Develop and implement metrics and key performance indicators (KPIs) to track the performance of new channels in terms of developing new channel partners.
- Manage a team of 4 to 6 direct reportees.
- Moderate to heavy (30-50%) travel depending on pipeline priorities.
- Excellent leadership and team management skills.
- Excellent communication, negotiation, and interpersonal skills.
- Analytical mind-set with the ability to interpret data and make data-driven decisions.
- Ability to work collaboratively in a cross-functional team environment.
- Commercial acumen, able to ensure the business delivers growth and profit for NMIMS and partners.
- Adaptability and flexibility, able to respond quickly to changing demands, processes, and information.
- Impact and influence, able to persuade and positively influence customers, team, and senior management.
- Bachelor's degree in business administration, marketing, or a related field (MBA preferred).
- At least 15 years of proven experience in channel development, partner management, or front-line sales in the education/training/BSFI/broking sector.
- Exposure with distance education/Ed Tech organization will be an added advantage.
- Strong knowledge of channel development, distribution models, and partner ecosystems.