What is channel partner hierarchy in SAP CRM-CHM - Channel Management?

SAP Term: channel partner hierarchy

• Component: CRM-CHM

• Component Name: Channel Management

• Description: Type of account hierarchy used in the market development funds scenario. A channel partner hierarchy is the hierarchical grouping of family members of a channel partner corporate family.

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• Key Concepts: 
  Channel partner hierarchy is a component of SAP CRM-CHM Channel Management. It is a hierarchical structure that defines the relationships between channel partners and their customers. It allows companies to manage their channel partners more effectively and efficiently. 
  
  How to use it: 
  The channel partner hierarchy can be used to define the relationships between channel partners and their customers. This includes defining the roles of each partner, such as distributor, wholesaler, retailer, etc. It also allows companies to set up different levels of access for each partner, such as pricing, discounts, and other privileges. 
  
  Tips & Tricks: 
  When setting up the channel partner hierarchy, it is important to consider the different roles and responsibilities of each partner. This will help ensure that each partner is able to access the information they need in order to do their job effectively. Additionally, it is important to keep the hierarchy up-to-date in order to ensure that all partners are able to access the most current information. 
  
  Related Information: 
  For more information on SAP CRM-CHM Channel Management, please visit the SAP website at https://www.sap.com/products/crm-channel-management.html. Additionally, there are many resources available online that provide detailed information on how to set up and manage a channel partner hierarchy.