Meaning & use

channel development

noun·Academicbusiness

Last updated

UK/ˈtʃænl dɪˈveləpmənt/
US/ˈtʃænl dɪˈveləpmənt/

Meanings

  1. noununcountablebusiness

    The work of building and improving the routes a company uses to sell its products, such as retailers, distributors or online stores.

    Grammar: Uncountable: channel development takes time.

    Patterns

    • work on channel development
    • channel development for something

    Channel development is a key part of our growth plan.

    She leads channel development for the company's online stores.

    Strong channel development helped the brand reach new customers.

  2. noununcountablebusiness

    A job function or team that finds and supports partners who resell a firm's products.

    Grammar: Often appears in job titles: channel development manager.

    Patterns

    • channel development manager
    • channel development team

    He works in channel development at a software firm.

    The channel development team signed ten new partners this quarter.

    Applicants for the channel development role need sales experience.

Common combinations

channel development manager
The channel development manager visited several partners.
channel development strategy
Our channel development strategy focuses on online sales.
invest in channel development
The firm decided to invest in channel development.
channel development team
The channel development team meets every Monday.
channel development plan
A clear channel development plan is needed.

Synonyms and how they differ

partner development
Partner development focuses on the companies that resell the product, while channel development includes the sales routes themselves.
distribution growth
Distribution growth is a plain description of increasing where products are sold, and channel development is the business term.
sales expansion
Sales expansion means selling more in general, but channel development means building the routes through which sales happen.

Word family

channel noun
a route or method for reaching customers or sending information
develop verb
to grow or improve something
development noun
the process of growing or improving
developer noun
a person who builds or improves something

Commonly confused: channel development or product development?

channel development vs product development

Product development is about creating or improving the product itself, while channel development is about how the product reaches customers.

Practice

The company hired a manager to work on ___, finding new stores and online partners to sell its products.

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