Information wins negotiations
Successful partnerships are always the result of successful negotiations.
Want to know the number one rule in negotiations?
One simple word.
Listen.
Chris Voss, in his monumental book Never Split the Difference, explains negotiation is information gathering because information gives you leverage. Here are a few examples of how information gives you a leg-up in B2B SaaS.
It helps you:
- Identify key decision-makers
- Prep stronger outreach
- Build stronger rapport
- Address relevant, frustrating problems
- Propose personalized solutions
The internet gives everyone information, but here’s the secret: at least one of your partners has key information LinkedIn and Google don’t have.
Three steps to get quality intel
When it comes to accelerating your pipeline, intel is the gas pedal.
Your partner is like a friend who the company (and decision maker) you’re trying to sell to already trusts.
They have helpful information that will allow you to position yourself and your strategy much better.
Three steps to get quality intel:
Step 1: Use what you know
- Analyze your data from a tool like Reveal or Crossbeam to find partner presence.
- Leverage the relationship you have with your partner and what you know about them to draft a value proposition.
Step 2: Help first
- Reach out to partner with valuable intel on an account they’re going after. Help them, then ask for what you need.
Step 3: Don’t rely on the intel of just one partner
- Mine intel from each partner you have a good relationship with to get a holistic view of the prospect’s objectives and pain points.
- Use account mapping to help you do this.
Read the rest and get the email template in the Nearbound Sales Blueprint (free and ungated).
94% of Zscaler’s revenue at $1.5 Billion ARR came from channel partners
Jason Lemkin reflected on his learnings from Zscaler at $1.5 Billion ARR. One of his learnings was: the vast majority of revenue comes in part or in whole from the channel.
He shared,
In 2021, 94% of Zscaler’s revenue came in part or in whole from channel partners, from SIs at the high end to VARs at the low end. So many enterprise sales are really through the channel — and not direct sales.
(Shoutout to Jill Rowley for sharing this with us!)
Stuff you don’t want to miss!
- September 7, 4-10 PM EST – INVITE-ONLY EVENT – Nearbound at Inbound – We’re partnering with HubSpot for some major fun on the green ⛳️. Only a 5-minute walk from HubSpot’s Inbound 2023 conference. VIP guest list. Toasts from industry leaders like Scott Brinker, Harbinder Khera, Tyler Calder, and more.
- September 8, 12 PM EST - Game Changers: Isaac Morehouse — Isaac will join Oana Manolache to talk about how to use content creation to define a category. He’ll share the 3 elements to help you build brand awareness, drive pipeline, and unite your team.
Flatter someone today, send them the PhD
Sharing relevant, valuable content is one of the best ways to build trust. Not to mention, it’s flattering to know someone thought of you while reading interesting content!
