Nearbound Trends for 2024
Nearbound Weekend 01/27: Finally Explaining The Difference: Nearbound VS. Partnerships
Nearbound Ops: Leveraging Nearbound Data and Operations to Optimize Revenue
Nearbound Daily #588: 💰 High Versus Low ROI Partnering
Nearbound Daily #567: How Partner Pros Can Help Marketing Close the Content Gap
Nearbound Daily #558: How Apollo's Affiliate Program Saw A 576% Jump In Revenue
Nearbound Daily #552: Good Morning, Ecosystem ☀️
Nearbound Daily #547: 6 Ways AI Can Help You Keep Up
Nearbound Daily #551: Why Workday Is Expanding Its Partner Ecosystem
Nearbound Daily #542: 🤐 Nelson Wang's Tested Method For Presenting to CxOs
Nearbound Daily #540: $54 Billion In Revenue Analyzed 😱
Nearbound Daily #539: Your Secret Weapon 🤐
Nearbound Daily #530: What's the Big Deal with Nearbound Sales?
Nearbound Daily #519: A Sneak Peek Into The FIRST Ever Nearbound Book
Nearbound Daily #492: 3 Tips to Make Nearbound Work Internally
Nearbound Daily #483: The Art of Permissionless Partnering
Nearbound Daily #482: Your Path to Chief Partner Officer?!
Nearbound Daily #473: How To Do Integrations Right
Nearbound Daily #478: How Splash got 3x pipeline from events
Nearbound Daily #480: Unleash the Power of Your Ecosystem
Nearbound Daily #479: Pigment's Kobe Bryant Approach to Partnerships 🏀
Nearbound Daily #464: Pitch nearbound on easy-mode 🎮
Nearbound Daily #463: ⚡ Dave Gerhardt's nearbound marketing strategy
Nearbound Daily #461: The CRO: B2B's master code breaker 🕵️
Nearbound Daily #457: How this HubSpot partner taps into intel at scale 🏗️
Nearbound Daily #456: Why the outreach memo matters
Nearbound Daily #444: Nearbounders, mount up! 🤠
Nearbound Daily #455: Why "happy" customers aren't enough 👀
Nearbound Daily #451: How Databox builds faster, with higher margins 📈
Nearbound Daily #442: From spooky to inspiring 👻
Nearbound Daily #429: Weaving a nearbound fabric 🌐
Nearbound Daily #423: Siri, play "Wide Awake" by Katy Perry 🎶
Nearbound Daily #132: The first giver wins
Nearbound Daily #107: Help partners solve problems
Nearbound Daily #087: You've got to find the right fit
Nearbound Daily #080: Master the 4 stages of partnerships
Nearbound Daily #086: Partnerships takes a bit of string theory
Nearbound Daily #074: A one pager won't cut it
Nearbound Daily #062: Partner program Y1 = foundation, Y2 = victory
Nearbound Daily #050: Trust is the new data
Nearbound Daily #054: Crack the code
Nearbound Daily #042: Ask the Right Questions
Nearbound Daily #040: Play the Long Game
Nearbound Daily #039: Focus on What Matters
Nearbound Daily #035: An Excuse to Get Wild
Nearbound Daily #031: Partnerships Start with the Customer
Nearbound Daily #027: Don't hold back
Nearbound Daily #021: Will AI takeover partnerships?
Nearbound Daily #011: The promised land
Monetize Your Tech Partnerships in 2023 with The Digital Bridge GoToEco Referral Flywheel
Meet your new partnerships mentor
Kind Folks Finish First: An Anthem For A New Era of Business
Introducing the Partnering Reference Architecture
Influence is the New Inbound
In the Face of Recession Pain, Partnerships Are the Answer
Howdy Partners #20: Partner Certifications
Howdy Partners #2 - Why You Need (Or Don't Need) A Partner Program
How We Use Partner Data to Drive Conversions and Product-Led Growth
How to Roll Out an Integration the Right Way: the G2 and ZoomInfo Story
How to communicate effectively with your customer success team about partnerships
How to Make Your First Co-selling Motion a Success: SugarCRM’s Step-by-Step Guide
How to land your next strategic partnership and build your reputation in the market
How to Get Your Partners’ Teams Using Nearbound
Harnessing the Power of Partner Led Sales with Lisa Lawson of SaaSy Sales
GoToEco for Sales
Google No Longer King: We've Entered the "Who Economy"
From Pitch to Partner-Influenced Revenue: How to Build and Scale a Partner Program in One Year
Ford and Tesla Shock the World with a Supercharged Partnership
Exclusive: In Revenue Capital Announces Launch on Nearbound Podcast Podcast
First-Giver Advantage
ELG Insider Daily #634: Amplify MEDDIC with ELG
ELG Insider Daily #633: The Ecosystem-Led Growth is coming from inside the house
Driving Partner Activation with ABM
ELG Insider Daily #615: Give Your Sales Team Ecosystem Intelligence
EcoOps and Scaling Partner Ecosystems
Connecting your CRM to The Partnerverse
Collision 2023 – Authenticity Is More Important Than AI
Building a Nearbound Strategy at the Nearbound Summit
Become a World-Class Partner Ecosystem Leader - Todd Hussey of SEBS
Bitly Bets Big On Partnerships With New VP of Partnerships Kevin Raheja
B2B Ecosystem Collaboration with Hubspot's Scott Brinker
A model to guide you to partnership success
4 Ways Partner-Sourced Leads Outperform Cold Leads Every Time
14 Things We Learned at Supernode: A Conference for Those Who Grow and Scale Partner Ecosystems
3 Steps to Ensure Partnerships Outperforms Outbound Sales
The Rule of 99: Why Partnerships Get Complicated at the 100-Employee Mark
It’s Time for the Other CEO: Chief Ecosystem Officer
How Bombora discovered hidden pipeline and closed $100K in 2 months with Crossbeam
Build Affective and Cognitive Trust to Bond With Your Remote Team. Here’s How.
7 Questions to Ask Before Starting a B2B Partnership Program
Sales Leadership Pathway 4: 3 Tips for Starting
Sales Leadership Pathway 3: Cross-functional Alignment
Sales Leadership Pathway 2: Seller Adoption
Sales Leadership Pathway 1: Why This Matters To My Sales Org
How Crossbeam’s Ecosystem Revenue Platform Empowers Channel Teams
Leveraging
Technology for Success
How Sendoso Doubled Their Partner-Influenced Pipeline In Just 3 Months with Crossbeam
How LeanData Makes it Easy for Reps to Close Partner-Sourced Revenue
The Problem is Access
The Nearbound Mindset: Part One
Getting Buy-In

ELG and the revenue team: How to break down silos so every GTM function wins

by
Evie Nagy
SHARE THIS

In a workshop at ELG Con, Pavilion’s SVP, Marketing and Growth Kathleen Booth led sales, marketing, customer success, and partnership leaders to envision a cross-functional ecosystem-led success story.

by
Evie Nagy
SHARE THIS

In this article

Join the movement

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

A core principle of successful Ecosystem-Led Growth is that partnership teams are essential, but they’re not enough. Even as revenue leaders are quickly adopting ELG as the most promising new go-to-market motion, it can’t reach full power unless every revenue function is aligned on using ecosystem data and insights to achieve growth goals.

Fortunately, cross-functional collaboration in B2B SaaS companies is generally a simple undertaking with minimal friction. Just kidding! Alignment around goals and execution requires thoughtful planning, management, and frequent, open communication. But it’s well worth it when everything comes together and the numbers go up.

Kathleen Booth is Senior Vice President, Marketing and Growth at Pavilion, the world's largest private community of go-to-market leaders. You’re not likely to find anyone who knows more about the countless forms GTM strategies can take and what makes them succeed or fail.

“The best GTM teams know that ELG needs to be woven throughout their organization and their strategy. That's the good news,” says Kathleen. “The bad news is that we still have a lot of work to do to get it right.”

To that end, at this year’s Ecosystem-Led Growth Conference, Kathleen led the workshop “ELG and the Revenue Team'' with leaders across partnerships, sales, marketing, and customer success. In small groups, participants shared their function’s frustrations and challenges when it comes to implementing ELG.

Perhaps unsurprisingly to anyone who has started their ELG journey, many of the challenges were around common themes like flawed attribution, misaligned incentives, unfamiliarity with other functions, lack of enablement, misunderstanding about the role of partnerships teams, and siloed leadership. 

 

CaptionJust a few of the challenges cited as common blockers to effective cross-functional Ecosystem-Led Growth efforts

 

Of course, these GTM leaders didn’t just vent and call it a day. They used these challenges as a starting point to come up with solutions and new ways of thinking about their partner ecosystem and working with other GTM teams.

With a better shared understanding, these GTM leaders identified opportunities to change how they worked across the revenue team and how they thought about their roles in a successful ELG strategy. Here are some of the suggestions and insights that emerged:

  • Sales needs to view partnerships as part of the sales motion and not an "add on". (Related: they also need to improve data hygiene around how partnership-related opps are documented in the CRM.)
  • Attribution may be causing more problems than it solves — partnerships need to be seen as a group effort with collective goals to avoid infighting within teams.
  • Sales and marketing comp packages need to be structured so that they incentivize those teams to work on ecosystem-led deals.
  • Marketing teams can do a lot to move the needle — from deepening their understanding of partners, to driving partner acquisition like they do with their ideal customer profile (ICP), applying their marketing knowledge to the partner space, and working more closely with partnerships teams.
  • Product teams can help by developing more robust product certification programs, and then partnering with other parts of the org to translate that upskilling into pipeline.
  • GTM teams, especially the leaders of those teams, need to get out of silos and commit time to regular collaborative planning and weekly syncs around ELG goals and practices.
  • Partnership teams need to enable sales and customer success with better-together stories, key partner information, and playbooks to help them quickly see results from ecosystem-led sales motions. 

Some participants even used the exercise as an opportunity to imagine ELG implementation from a completely different perspective to find common ground, like Antonio Caridad, Head of Global Partner Operations at Tricentis.

“I made a point of getting out of my comfort zone and doing the exercise as if I were in customer success. I got perspective that I had not thought about in terms of how to bring customer success into the ELG motion,” said Antonio after the workshop. “It highlighted not only that the strategy has to be holistic, but compensation incentives have to be aligned. Because when the whole team doesn't row one way, you're never going to get them to row together. CROs love to believe that teams will do the right thing that’s most effective, but really people will do what's best for their pockets, so everyone has to be incentivized to do that right thing. It was great to hear that validation of that idea from other people who are coming from different worlds.”

You’ll also be interested in these

The 2024 ELG Index: Charting the Global Progress of Ecosystem-Led Growth in Tech
Top takeaways from the 2024 Ecosystem-Led Growth Conference