Partner marketing can be an incredibly effective way to reach new customers and grow your business. By collaborating with another company to market your products or services together, you can create a joint marketing campaign that will expose your brand to a whole new audience.
There are many different ways to execute partner marketing, and the most effective campaigns are those that partner with a company that has a similar customer base. For example,
Pendo.io is a product analytics company for product teams & product managers, that has a strong partnership with Google, which provides Google Analytics for marketers. We use our joint reach and target audiences to cross-collaborate and cross-promote.
Another important factor to consider when partner marketing is the resources that each company is willing to contribute. If one partner is putting in more effort than the other, it can lead to tension and resentment. It's important to be fair and equally invest in the partnership if you want it to be successful.
There are many effective co-marketing examples that vary based on company, industry, and target audience, but here are a few that have worked for me across companies and industries:
1. Joint press release
2. Joint social media campaign and interactions
3. Joint email drip nurture campaign
4. Joint webinar (especially with a mutual customer)
5. Joint YouTube video, demo, etc.
6. Joint e-book, whitepaper, infographic, or free asset of some type
Co-marketing can be an incredibly effective way to reach new customers and grow your business. By collaborating with another company to market your products or services together, you can create a joint marketing campaign that will expose your brand to a whole new audience.