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Why is a services-led channel so important? Software-as-a-service has forced vendors to think differently about their customer engagement model. TSIA (Technology Association of America) describes this new model as LAER which stands for land, adopt, expand and renew. Sales-led partners may be great at the land part; uncovering new opportunities and getting a customer to subscribe to the service. But that’s only the first step in driving customer success and building a low-churn recurring revenue stream.
When channel veteran Steve Stewart landed at SmartSheet as Head of Global Channels, he inherited a channel of mostly transactional partners. Steve knew their customers needed help in the adoption of their SaaS offering for collaboration and work management. And SmartSheet couldn’t expand their own services team fast enough to keep up with the growth. So Steve is building a channel of services-led partners to drive adoption, expansion, and renewals. Steve shares how he’s building and enabling a services-led channel and what’s in it for their partners.
Steve shares 3 critical success factors for building a services-led SaaS channel:
Steve offers one last awesome tip. He asks this one question every time he’s meeting with a partner. “Tell me about one best practice from one of your other vendors that has allowed you to execute better than anyone else?”
I needed partners that were willing and able to build a services practice around Smartsheet - @EstebanStewart
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I've got a big focus on recruitment, but I would say very selective recruitment. It's carving with a scalpel. It's not fishing - @EstebanStewart
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It's being upfront right out the gate, because it doesn't do either of you any good to recruit a partner where it's not the right fit. They're going to be disappointed. And so will you. - @EstebanStewart
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Why is a services-led channel so important? Software-as-a-service has forced vendors to think differently about their customer engagement model. TSIA (Technology Association of America) describes this new model as LAER which stands for land, adopt, expand and renew. Sales-led partners may be great at the land part; uncovering new opportunities and getting a customer to subscribe to the service. But that’s only the first step in driving customer success and building a low-churn recurring revenue stream.
When channel veteran Steve Stewart landed at SmartSheet as Head of Global Channels, he inherited a channel of mostly transactional partners. Steve knew their customers needed help in the adoption of their SaaS offering for collaboration and work management. And SmartSheet couldn’t expand their own services team fast enough to keep up with the growth. So Steve is building a channel of services-led partners to drive adoption, expansion, and renewals. Steve shares how he’s building and enabling a services-led channel and what’s in it for their partners.
Steve shares 3 critical success factors for building a services-led SaaS channel:
Steve offers one last awesome tip. He asks this one question every time he’s meeting with a partner. “Tell me about one best practice from one of your other vendors that has allowed you to execute better than anyone else?”
I needed partners that were willing and able to build a services practice around Smartsheet - @EstebanStewart
Share on X
I've got a big focus on recruitment, but I would say very selective recruitment. It's carving with a scalpel. It's not fishing - @EstebanStewart
Share on X
It's being upfront right out the gate, because it doesn't do either of you any good to recruit a partner where it's not the right fit. They're going to be disappointed. And so will you. - @EstebanStewart
Share on X
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