Article
|
8
 minutes
Partnerships 101: What Is a PRM and Should I Use One?
Article
|
7
 minutes
Tech Ecosystem Maturity: How to Level Up Your “Better Together” Messaging
Video
|
36
 minutes
Partner Ecosystems 101
Video
|
1
 minutes
Dave Goldstein: Ecosystem-Led Sales for the Enterprise: How Braze Leveraged Alliances to Fuel Robust Growth | Supernode 2023
Article
|
11
 minutes
8 Times a Partnership Impacted an “Exit Event” (And Why Acquisitions are on The Rise)
Article
|
9
 minutes
5 Signs Your Tech Partner's About to Get Acquired (And How to Prepare for Change)
Article
|
12
 minutes
Tech Ecosystem Maturity: How to Level Up Your Integrations Team
Video
|
18
 minutes
The Inside Track: Crossbeam Security 101 with CISO Chris Castaldo
Article
|
8
 minutes
Six Tips for Expanding Internationally Using Channel Partners
Article
|
6
 minutes
10 steps to develop a co-marketing strategy
Article
|
4
 minutes
How Typeform Went from 30 Integrations to 100+ in Just One Year
Article
|
6
 minutes
How Typeform Improved Their Revenue by 40% with ELG and PLG
Article
|
6
 minutes
Partnerships 101: What Is Co-Selling?
Article
|
6
 minutes
Partnerships 101: Inbound vs Outbound Integrations and Why They Matter for Your Partnerships
Article
|
11
 minutes
How to Communicate Effectively With Your Entire GTM Team and The C-Suite
Article
|
11
 minutes
Partnerships 101: What Is an Ecosystem and How Is It Redefining Partnerships?
Video
|
20
 minutes
The Inside Track: Get to know the Crossbeam Salesforce App
Article
|
18
 minutes
The 7 Metrics That Prove the Business Impact of Your Tech Integrations
Article
|
7
 minutes
8 Times Sales Reps Won the Deal by Co-Selling With Partners
Article
|
9
 minutes
6 Ways Sales Professionals Can Use Partnerships to Advance Their Careers (and Get Promoted)
Article
|
6
 minutes
How Co-Selling & Co-Marketing Build Revenue
Article
|
43
 minutes
How Demandbase Acquired DemandMatrix in Seven Months After Launching a Partnership
Article
|
8
 minutes
The Intersection of Partnerships and Product Development with Pandium’s Cristina Flaschen
Video
|
37
 minutes
The 4 Levels of Tech Ecosystem Maturity
Article
|
12
 minutes
8 Tips for Surfacing the Business Impact of Partnerships and Driving Partner-Sourced Revenue Earlier
Article
|
7
 minutes
Tech Ecosystem Maturity: How to Level Up Your Co-selling Workflows
Article
|
31
 minutes
Despite The Economy, Gartner Projects Double-Digit Growth As Companies Find Ways to Do More with Less
Article
|
11
 minutes
The 5 Things to Do in Your First 90 Days as a Partnership Leader
Article
|
6
 minutes
Ecosystem is Everything: How to Embrace Second Party Data with Crossbeam
Article
|
7
 minutes
Vetting 100s of Channel Partners? Use This Four-Criteria Checklist to Speed Up the Process
Article
|
6
 minutes
8 Ways to Treat Your Co-Selling Partners With R-E-S-P-E-C-T
Video
|
42
 minutes
Nearbound Podcast #026: Building Trust in Channel Partnerships
Article
|
12
 minutes
Partnership KPIs For Marketing, Sales, Customer Success + More
Video
|
44
 minutes
No More Silos: 4 New Ways to Use Partner Data
Article
|
12
 minutes
Account mapping. How to (finally) do it without giant, cumbersome spreadsheets
Article
|
13
 minutes
15+ Questions to Help Your Sales Reps Master Their Co-Selling Motions
Article
|
23
 minutes
How We Foster Collaboration Remotely at Crossbeam
Article
|
7
 minutes
21 Partnerships People You Should Follow on LinkedIn
Article
|
10
 minutes
A Fill-in-the-Blanks Exercise for Evaluating Your Partner Program
Article
|
12
 minutes
How to Use CRM Data & Automation to Nurture Your Co-Selling Relationships
Article
|
12
 minutes
How to Use Partner Data In Your Sales and Marketing Dashboards (Part 2 of 2)
Article
|
7
 minutes
How CallRail Increased Integration Adoption by 167% Through Strategic Partnership with HubSpot and Reveal
Article
|
7
 minutes
3-step strategy for partnership managers
Video
|
5
 minutes
How to Execute an Effective Nearbound Channel Strategy
Article
|
10
 minutes
Don't Try To Fit Ecosystem Partners into a Channel Hole
Video
|
61
 minutes
Nearbound Podcast #022: Build, Buy, or Partner
Article
|
9
 minutes
You Should be Account Mapping at Every Stage of the Customer Lifecycle
Article
|
5
 minutes
5 Ways to Incentivize Your Sales Team to Live, Eat, and Breathe Partnerships
Article
|
7
 minutes
How to Learn the Partnerships Love Languages
Article
|
5
 minutes
How to Learn Your Customer’s Tech Stack and Increase Integration Adoption by 17%
Article
|
11
 minutes
The 9-Step Partner Impact Score Methodology for Strategic Co-Selling With Partners
Video
|
7
 minutes
Catherine Brodigan: Effective Co-Selling* (*because you have no other choice) | Supernode 2023
Article
|
11
 minutes
The Most Common Partnership KPIs (According to Company Size and Maturity)
eBook
State of the Partner Ecosystem 2021
Article
|
1
 minutes
Your Slack Connect Channels: Now Powered by Crossbeam
Video
|
2
 minutes
Demystifying Partnership KPIs: Know What to Measure & When
Article
|
26
 minutes
Democratize Partner Insights with Crossbeam’s Chrome Extension
eBook
The Partner Playbook
Article
|
4
 minutes
10 Facts You Oughta Know if You Work in B2B Partnerships
Article
|
9
 minutes
20 Integrations and Chrome Extensions for Partner Managers
Article
|
21
 minutes
An Inside Look Into Google and HubSpot’s GTM Strategy for Their Ads Integration
Article
|
11
 minutes
5 Partnership Challenges Agencies Face (And How to Tackle Them Head-On)
Article
|
9
 minutes
Two Attribution Challenges for Partnership Professionals (and How to Get Ahead of Them)
Article
|
12
 minutes
We Mapped the Career Paths of 6 Women in Partnerships
Article
|
10
 minutes
Five Tactics You Can Use Right Now to Show the Real-Time Impact of Partnerships
Article
|
5
 minutes
How Sendcloud Achieved an 80% Increase in New Leads Sourced from Partners Using Reveal
Article
|
9
 minutes
WP Engine Used This 7-Stage “Bow-Tie” Funnel to Increase Agency Partners by 50%
Video
|
45
 minutes
Nearbound Podcast #013: David and Goliath — Partnering Up With the Big CO's
Article
|
4
 minutes
Nine Micro Co-Marketing Motions for Warming Up a Partnership
Article
|
6
 minutes
ELG and the revenue team: How to break down silos so every GTM function wins
Article
|
4
 minutes
Ecosystem Ops 101: Six Ways to Drive Efficiency and Maximize the ROI of Your Partner Program
Article
|
6
 minutes
30+ Integration Listing Page Examples for Designing Your Tech Marketplace
Article
|
12
 minutes
Your Partner Vetting Checklist: 7 Questions to Ask Yourself Before Signing an Agreement
Article
|
7
 minutes
Standout Traits for a Great Partner Case Study (with Examples)
Article
|
5
 minutes
The Seven Filters You Need for Your Agency Partner Directory
Article
|
5
 minutes
Growth Hack: Where to Find your First Partner
Article
|
8
 minutes
The Enablement Program That Can Help You Boost Agency Partner Retention by 70%
Article
|
2
 minutes
ActiveCampaign’s Co-Marketing Playbook for Getting the #1 Spot in Salesforce’s AppExchange
Article
|
4
 minutes
Your Partnerships Team Should Report to Marketing
Article
|
7
 minutes
The Co-Marketing Flip: Get Strategic with Your Partner Marketing Six Months into the Partnership
Video
|
9
 minutes
Friends With Benefits #8: Good Things Come to Good People
Article
|
5
 minutes
Get Off the Partner Enablement Treadmill
Article
|
9
 minutes
How alliances can leverage their channel partners to go to market with their integrated solution
Article
|
4
 minutes
The Anatomy of a Killer SaaS Partner Newsletter (Plus Examples)
Video
|
53
 minutes
Nearbound Podcast #010: Creating Categories and Partner Ecosystems
Article
|
6
 minutes
You Should Train Your Sales Team to be Tech Stack Experts
Article
|
3
 minutes
Your Product-First Partnerships Team Should Report Directly to the CEO
Video
|
7
 minutes
How to Activate Ecosystem Insights with Reports and Dashboards in Salesforce | Connector Summit 2022
Article
|
4
 minutes
Your B2B SaaS Partner Page Checklist (with 50 Examples)
Article
|
7
 minutes
Your Partnerships Team Should Report to Sales (At First)
Video
|
49
 minutes
Nearbound Podcast #004: Secrets of Partner Enablement & Marketing
Video
|
44
 minutes
Nearbound Podcast #001: Landing your first Sumo
Video
|
50
 minutes
Nearbound Podcast #003: Building API ecosystems, Stripe & Notion
Article
|
10
 minutes
Advanced Crossbeam: Too Many CRMs? Here’s How to Sort it All Out
Article
|
7
 minutes
AEs are Leveraging Ecosystem-Led Sales to Close Deals 46% Faster
Article
|
27
 minutes
The 12 Best Partnership and Business Development Podcasts (So Far)
Article
|
33
 minutes
Monetize Your Technology Partnerships With These 8 Tactics
Article
|
13
 minutes
Source, Decide, Execute: Your Framework For a Successful Partner Program
Video
|
38
 minutes
4 Easy Account Mapping Wins
Video
|
3
 minutes
Cristina Flaschen: Proving the ROI of partnerships | Supernode Conference 2022
Best of Nearbound
An open letter to partnerships, from sales
by
Simon Bouchez
SHARE THIS

Crossbeam's CEO & Co-founder, Simon Bouchez, gets real with Partner Managers on why Revenue teams don't take them seriously, and what to do to fix it.

by
Simon Bouchez
SHARE THIS

In this article

Join the movement

Subscribe to ELG Insider to get the latest content delivered to your inbox weekly.

There’s a narrative among partnership pros that they are misunderstood—that it’s the shortcomings of Revenue leadership and their misconception of what you do that causes misalignment and lack of buy-in. 

I’m here to offer you another perspective, one that’s rooted in my experience as a sales leader and now CEO of a company whose product fosters collaboration between Partnerships and Sales teams.  

Partner Managers are right. The work you do is essential to your company. You hold the key to increasing revenue, win rates, deal size, and time-to-close.  

But being right on your own isn’t going to change a damn thing. 

The truth is that your Partnership team is probably isolated on an island because you’ve put yourself there. You haven’t figured out how to build the bridge between what you’re accomplishing, and what your Sales team actually needs. 

The irony is that PMs can hit every single KPI they set their sights on and not make any tangible impact on the funnel. So, inevitably, when it comes time for the Partnership team to go toe-to-toe with Sales during budget season, you lose every time, putting your program even more on that lonely island—or worse, putting you out of a job.  

A quick story

A few weeks ago, I was invited by one of our top customers, a large publicly traded company, to give a talk about Ecosystem-Led Growth (ELG) to their Sales team. My goal was to tell them why embracing partnerships is critical for their success and emphasize the fact that they have a much higher win rate when selling to partner customers or attaching partners to deals.

Toward the end of my presentation, a Sales Manager raised her hand and said: 

"This all sounds great, but my experience with our Partnership team is that they mostly call me to attach partners on deals that I know I am going to win. No surprise the win rate is higher... Best case scenario it does nothing for me, worst case it creates complexity and jeopardizes the deal." 

I’ll be completely honest, this statement caught me off guard. I was (probably visibly) uncomfortable because I realized that we had a major gap in how we are enabling PMs to drive value to Sales. 

I’m here to rectify that, not to drag partnership pros through the mud, but to acknowledge the reality we live in, and empower you to thrive.  

The state of the B2B sales funnel 

So, why is it that Sales teams view Partnerships like the kid sibling their parents are forcing them to take to the party? Because, as the Sales Manager in my story shared, Partnerships aren’t creating influence and impact where it matters.

  • 72% of all new sales opportunities stall in the middle to late stages of the B2B sales pipeline process. (SellingPower)
  • 68% of B2B businesses struggle to generate leads. (SalesMate)
  • Roughly 80% of leads are lost in B2B. (Multiple sources)

These statistics are likely true in your organization. And if your partner initiatives are not directly linked to improving them, then the battle of Partnerships vs Sales will continue until you eventually lose the war.  

The sales-partnerships paradox 

At Crossbeam, we’ve been guilty of saying that the lack of buy-in from Sales departments is because we aren’t adequately communicating the value of partnerships. I’ll be the first to admit that I started 2023 with this belief. I told myself that if we had the right tools, the right data, and even the right metrics, Sales teams would see the light. 

I am not starting 2024 with this belief. 

Because there’s a paradox between Sales and Partnerships that we will need to work together to undo. Sales agrees with Partnerships. They know that outbound and inbound are weaker every day. In fact, few dispute the need to deploy ELG — reaching buyers through those that surround them. 

We’ve even aligned the planets for sellers, so to speak. We have a wealth of data they can leverage and simple processes they can use through tools like Crossbeam and your CRM

But guess what? They still aren’t taking advantage of it. At least not at scale. 

They know they should try to tap into the ecosystembut they also know they should meet quotas if they want to pay their bills. Because of this, they will always, without question, do the thing they KNOW works before they test the waters with a new strategy.

They can’t afford to have faith. They need to see it to believe it. 

So, how can partner pros get Sales to believe?  

Start with business objectives, not partner objectives 

The first step is to ditch the, “If we build it, they will come” mentality. It’s been built. You’ve nurtured stellar relationships with your partners. You have the tools and workflows ready. 

Stop waiting for Sales to come to you. It’s time for you to take ownership of the pipeline. 

Instead of waiting for a Sales Rep to ask you for an introduction to a partner, actively follow what’s happening in deals and show up where it matters most. 

In this way, we can think of (re)building the relationship with Sales as a return to the basic objectives of the GTM funnel: 

  1. Identifying the companies that are a good fit for your product
  2. Understanding when and who to engage with at these companies
  3. Providing your prospects with a great value proposition and buying experience
  4. Retaining and delighting your customers

Partnerships can and should be an activation lever that is directly embedded in the momentum that is already present in the Sales team for these four stages. 

This doesn’t mean creating a new initiative that you have to shove down sellers’ throats. 

This also doesn’t mean placing partners in deals that are already on their way to closing. 

And this definitely doesn’t mean waiting for them to pull on the levers. 

This means finding what matters most to your Revenue teams and transforming your program into a proactive support system for accomplishing it.  

The opportunity is real

Stop trying to help on the deals that are working. Use ecosystem intel, influence, and intros to open the accounts no one else can activate. Win the deals that would otherwise be lost. It’s something only you can do, and only you can do it before it’s too late. 

The trust and relationship you have with partners isn’t something any other Revenue teams tend to have. It’s a gold mine. 

But you will get ignored or fired if you’re not unlocking it and proactively bringing it to the right accounts at the right time.

If you can, you have a chance to be the hero of your company. You have the chance to be the defining leaders of this era. You have the chance to be the linchpin that Sales and all other GTM teams rely on to surround deals with partner influence and improve efficiency. 

Our plea (and commitment) to you

Deploying the full power of ELG to transform GTM requires a renewed trust between Sales and Partnerships. And I’m going to be honest, Sales isn’t going to make the first move. We’re neck-deep trying to save and win deals. 

We may never fully understand what you do, the value of all the trust you build, or the ways you build it. But we do understand its impact on the sales cycle and bottom line. 

When you start to reveal the partners who surround our buyers, tap into them when there’s a genuine need for help, and come to us with a lifeline, that’s when you gain believers. 

Most Sales leaders recognize that more of the same isn’t going to win enough deals. We need help. Right now, even though we may be skeptical, we’re open. You’ve got a chance to win with us.

At Crossbeam and ELG Insider, we commit to creating resources, like the ones listed below, that help you flip the script, take ownership of your activities in a way that speaks to Sales, and bridge the gap between your departments.

We’re up for the challenge. Are you? 

Resources

 Case studies 

  • How Box got to $1 billion ARR through Sales and Partnerships collaboration. 
  • How Payfit had an increase of up to 60% in lead-to-demo conversion rate and an increase of up to 50% in demo-to-customer conversion rate. 
  • How Rydoo had a 3x increase in pipeline. 
  • How Contractbook generated 2x to 3x more demo meetings. 
  • How AssessFirst had an increase of 4x in client integration and increased their lead generation by 100%.
     

You’ll also be interested in these

Article
|
9
 minutes
ARReasons to pay for Crossbeam
Article
|
9
 minutes
How BEMO Boosted Meetings by 900% Using Clay, Crossbeam, HubSpot, and Ecosystem-Led Growth
Article
|
9
 minutes
How Document Crunch Used ELG and Crossbeam to Achieve 85% of Their Pipeline Goal — And Stay on Track for 100%