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Channel sales is a kind of strategy which involves taking help from partners and third parties—such as various referral partners, managed service providers, marketplaces, affiliate partners, distributors, wholesalers, or value-added resellers—to sell your company’s products or services. This method is quite in contrast to a traditional direct sales strategy method. A successful channel program strategy can significantly increase your company’s profit margin. You have to make an eye on your partners and have to closely work with your partners to make sure they are executing the correct plans and strategies.