You are asked to select and launch a distributor in a new country. How would you approach it?
What the interviewer wants to hear
- Define the ideal partner profile and goals
- Run due diligence: reputation, finances, customers, compliance
- Negotiate economics, targets, exclusivity and exit terms
- Invest in enablement and a joint business plan
- Review performance against milestones
Model answer
I would first define what success means, such as revenue in two years and target segments, and from that the ideal partner profile: customer base, technical capability, size and reputation. I would build a long list from customers, industry bodies and events, interview the strongest five, and talk to their existing vendors and clients. Due diligence covers finances, ownership, legal disputes and anti-bribery checks, because we are responsible for what agents do. Commercially, I would offer a margin that rewards performance, limit exclusivity to segments or time with targets, and include clear exit rights and data ownership. Then the real work starts: training their team, joint account planning, marketing funds tied to results, and monthly reviews. I would set a six-month milestone to decide whether to expand, fix or replace the partner.
Can you answer it under time pressure?
Take a timed hard round and get scored on every answer.
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