HP Paves Way for Partner Growth with Integration of All Solutions & Services Under Amplify Partner Program

Rhea-AI Summary

HP Inc announces the launch of HP Amplify for All, integrating all HP solutions and services into one global program. The company also introduces new Commercial Partner benefits and extends the Amplify Program to Distribution Partners. HP Amplify Distribution is the industry's first program tailored for distributors. New benefits for Commercial Partners include More for More rate multiplier and Fast Lane, an automated Marketing Development Funds reimbursement process. HP also introduces Growth Plays, a program element to be rolled out in 2024. The company expands the geographic reach of the HP Amplify Impact partner sustainability program to 48 countries.

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• HP Amplify for All integrates all HP solutions and services into one global program. HP Amplify Distribution is the industry's first program tailored for distributors. New benefits for Commercial Partners include More for More rate multiplier and Fast Lane, an automated Marketing Development Funds reimbursement process. HP expands the geographic reach of the HP Amplify Impact partner sustainability program to 48 countries.

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Introduces enticing new Commercial Partner benefits and extends renowned Amplify™ Program to Distribution Partners

News Highlights

• HP consolidates all solutions & services, including Poly, Teradici, and HyperX, into one global¹ program
• Introduces new Amplify Distribution Program, tailored to meet unique needs of Distribution Partners
• Unveils new Commercial Partners benefits including More for More, Fast Lane, and Growth Plays
• Scales geographic reach of HP Amplify Impact partner sustainability program to 48 countries

PALO ALTO, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- HP Inc (NYSE: HPQ) today announced the launch of HP Amplify for All, an initiative which integrates all HP solutions and services including Poly, Teradici and HyperX into the HP Amplify Program, offering one unified global¹ platform for partner engagement. Going live on November 1, 2023, the newly integrated partner program will also be extended to Distribution Partners. HP Amplify Distribution is the industry’s first program tailored for distributors and marks the successful implementation of the HP Amplify Program across all partner categories.

In addition, HP today revealed details for new Commercial Partner benefits effective November 1, including the More for More rate multiplier to enhance partner compensation and Fast Lane, the industry’s first automated Marketing Development Funds (MDF) reimbursement process. The company also announced Growth Plays, a new program element to be rolled out across Commercial and Distribution Partners in May 2024.

“By leveraging our expanded portfolio and enticing new benefits, HP partners are uniquely positioned to catalyze substantial, long-lasting growth,” stated Kobi Elbaz, Senior Vice President & General Manager, HP Global Channel Organization. “Every enhancement to the program launched today has been shaped by the invaluable feedback of our extensive partner network and we are committed to continually refining the Amplify Program to stay at the forefront of evolving industry dynamics.”

Doubling Down on Distribution

With the launch of HP Amplify Distribution on November 1, distributors can benefit from the industry-first foundation of capabilities, collaboration, and performance. The new program, optimized for Distribution Partners, removes complexity making it easier for distributors to take advantage of its many benefits and engage customers on a deeper level.

“Distribution Partners hold a vital position in the channel ecosystem and their capabilities have continued to evolve and expand to meet the growing needs of resellers and customers,” Elbaz continued. “Based on their unique insights, we designed the Amplify Distribution program with flexibility in mind, allowing distributors with foundational capabilities to join seamlessly, while rewarding those invested in advanced capabilities to incrementally boost profitability and grow their business.”

New Benefits for Commercial Partners

Amplify More for More
With the launch of Amplify More for More on November 1, 2023, partners who sell across the HP portfolio will provide a better customer experience and benefit from higher compensation opportunities. The new More for More rate multiplier will be provided in addition to the existing core Amplify incentives. For instance, Power Partners focused on Personal Systems can easily qualify by increasing sales of peripherals, Poly headsets and Workforce Solutions product lines.

Based on partner feedback and HP’s evolving growth strategy, the company intends to further develop the More for More program in the upcoming fiscal year, integrating additional incentive metrics to promote shared success.

Amplify Fast Lane
Amplify Fast Lane represents a first-of-its-kind joint demand generation MDF claiming process, designed to simplify and accelerate reimbursement for eligible partners² through an automated claims and payment procedure.

By speeding up payment turnaround time by up to 50%, the Amplify Fast Lane program addresses partner pain points and enhances the overall experience of collaborative marketing efforts. Fast Lane offers a more efficient, user-friendly MDF claim experience, enabling qualified partners to focus on optimizing demand generation initiatives rather than being bogged down in complex processes.

Amplify Growth Plays
Starting in May 2024, all HP Amplify Commercial Partners will have access to a new specialization program built around HP’s growth categories - Amplify Growth Plays. Focused on driving opportunities and incremental partner profitability, Amplify Growth Plays enables a clear path to portfolio specialization. Combined with unique tools, capabilities and compensation elements, Amplify Growth Plays rewards partners with tailored benefits for investing in these customer-driven growth areas.

Examples of the Amplify Growth Plays launching in May 2024 include Managed Print Services, Lifecycle Services, SMB Video Collaboration Solutions, and HP Software. Upon launch, current Amplify specializations will evolve to Amplify Growth Plays.

Amplify Impact Expansion
HP also announced today the expansion of its award-winning Amplify Impact partner sustainability program to Distribution Partners and five additional countries: Austria, Belgium, Luxemburg, Netherlands and Finland. Participating partners across 48 countries will now have access to HP’s world-class sustainability resources to drive preference and impact across Climate Action, Human Rights and Digital Equity.

Sustainable practices are not only vital for the future of our planet – they are good for business. In 2022, Corporate Knights reported that over 60% of HP's revenue met sustainability standards³, showcasing consumer preference for eco-friendly offerings. HP Amplify Impact assists partners with resources to identify gaps and guidance for achieving sustainability goals, highlighting the growing significance of ESG strategies.

For more information on today’s news, partner quotes, and the HP Amplify Program, visit our newsroom.

About HP
HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit: http://www.hp.com.

Media Contact HP Media Relations MediaRelations@hp.com hp.com/go/newsroom

Resources:
¹ All geographic markets apart from Greater China
² HP Amplify More for More and Fast Lane elements are based on partner eligibility requirements
³ Reported in accordance with Corporate Knights Sustainable Economy Taxonomy (v6.0), HP included revenue from products certified to eco labels (EPEAT^® Gold/Silver, TCO, Blue Angel, and ENERGY STAR^®), products designed using recycled materials, products that have been recycled, fixed, or resold, and products as a service with end-of-life management policies

FAQ

What is HP Amplify for All?

HP Amplify for All is an initiative that integrates all HP solutions and services into one global program, offering a unified platform for partner engagement.

What is HP Amplify Distribution?

HP Amplify Distribution is the industry's first program tailored for distributors, providing them with benefits and opportunities for growth.

What are the new benefits for Commercial Partners?

The new benefits for Commercial Partners include the More for More rate multiplier and Fast Lane, an automated Marketing Development Funds reimbursement process.

What is HP Amplify Impact?

HP Amplify Impact is a partner sustainability program that focuses on driving preference and impact across Climate Action, Human Rights, and Digital Equity.

How many countries does the HP Amplify Impact program cover?

The HP Amplify Impact program now covers 48 countries, including Austria, Belgium, Luxemburg, Netherlands, and Finland.