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Question
What is your go-to playbook for activating newly recruited partners?
Answer
Typically I would have categorised them into different tiers/groups. Some partners are more relevant for marketing, others for retention whereas some are all-round. Below an example for a top tier tech partner that is relevant for all departments of my organisation (not in order):
- Landing Page on Marketplace
- LinkedIn/Social Announcement
- Add into our monthly customer newsletter
- Setup an enablement session (both ways)
- Partner referral agreement (but this financial add shouldn’t be the primary driver!)
- Account mapping on both a macro level (partner manager to partner manager) but also a micro level (pairing of regions/vertical reps) when appropriate
- Mutual customer success story (this is of course dependant on if we have mutual customer at start or not - as you want months of joint value to display)
- Where possible but is prioritised.. giving introductions and intel to new tech partner :)
Question
How do you choose which technology partners are a good fit for your business?
Answer
Some* factors to consider:
- Use case of a possible integration and what value it can provide to existing customers and new prospects.
- What gap does the partner fill in our product. Are we going to build anything similar internally?
- What overlap do we have from an ICP, revenue, region and account perspective?
- Is this tech partner relevant just from a product perspective or can it be used to help co-sell, co-market or assist with retention of existing customers?
Always important to find the healthy balance of variety tech partners with similar services/value. e.g. partner with a variety of QA tools at the start but too many. Too many options can spread partner momentum too thin and can act as a blocker for your internal team to feel confident selling partners within their roles (choice overload/paralysis).
Question
How do you know if your partner enablement strategy is successful?
Answer
- My colleagues are asking the right discovery questions in their customer and prospect calls.
- They are initially bringing me into some customer calls to help with discovery but then afterwards are able to run that process by themselves.
- The number of introductions, intel or efforts we as an organisation provide to partners (and the other way around).
- Number and success of marketing activities that take place with partners.
- Tracking % of partner influence on new revenue but also existing reoccurring revenue.
The best is when you see the momentum increase and you as a partner manager become less of a bottleneck.
Question
What is the benefit of partner training and having partners get certified?
Answer
If you form strong partnerships with the right companies/teams, you can get to a setup where your partners act as extended ears/eyes in the market.
If you train/certify correctly, then they understand what value your product/service can bring and to what type of customers so that any of their reps from AMs to SDRs can act as an additional intel source for your team.
Rather than just relying on your direct outreach, marketing and sales team, partners can exponentially extend your reach and qualify effectively. They would be motivated to introduce or let you know of opps for your organisation through referral kickbacks but more importantly, general partner collaboration as hopefully you are doing the same for them in return.
Question
What would you recommend is a good set of asks / what are some must haves - to get from an integration partner before we certify them and market them to our customers?
Answer
- What does the MVP look like of the integration?
- What resources are required to build it
- What resources are required to maintain it? What about an SLA?
- What communication/tech support is needed from both partners?
- Product images, recording and support material to share and enable internally?
- Breakage protocol? Any data/security minimum requirements needed?
Question
How do I scale my partner recruitment & onboarding motion?
Answer
Review your current ecosystem and what gaps need to be filled by potential new partners. Ensure there is of course resource and internal (team and customer) appetite if partners are interested to move forward with you. It can be risky if you outreach to potential new partners with and you have nothing to give and no dev/marketing resource to provide.
When reaching out, make it very clear where you stand as a business, where you currently have an mutual interest overlap and the value you can bring to them as a partner yourself. Early stages, always important to mark down a list of priorities to get things in motion and for internal buy-in. We try to not over-promise at the start so that expectations are never damaged too easily. Learn from the first few partners (successful and unsuccessful) and iterate.
Question
What's your advice on aligning partners with our sales pitch and how to we enable them to successfully pitch to our customers?
Answer
It takes months for your own sales reps to get ramped and effectively sell your own product. They spend most of their working hours training to be as successful as possible in doing just that. It is unreasonable to think that a new partner can do it effectively in a short period (considering that they are busy selling/learning their own product/service).
I usually only get the more experienced team members involved with partner co-selling. Prior to that, pairing reps to share intel and learn each others business in micro 1on1 sessions is a great way to start having reps understand 1 partner at a time.
Question
Affiliate partners - yay or nay for a startup?
Question
How do you get cross-functional buy-in to support your tech partner program, both in the early recruiting days and once the program is more established?
Answer
Early days - I find individual champion reps in different departments or roles. I also spotlight specific deals from reps.
If a specific SDR is booking a high % of meetings by mentioning we partner with X, I give him/her kudos, their manager and the wider team to see if anyone else wants to book more meetings in a similar fashion :) Similar goes for a CSM/AM who makes referrals to partners to help the health of their account, retention rate and get an additional $ in their pocket or for the business. It's an additional plus if CSM/AM cross-functionally enjoys the logic that intros to partners will likely lead to introductions back to their sales department. Early champion spotlight shows that reps think outside their traditional roles to hit KPIs and get others to follow (if they want).
Question