How to Build a Thriving Partner Ecosystem - YouTube

Channel: Freshworks Inc.

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Hey everyone! Welcome to Uncomplicate by Freshworks, where we answer one question
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every day with one expert. Today's guest is Cody Jones from Zapier. As you
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all know, Zapier thrives on partnerships and they enable partnerships or
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integrations between two products, and pretty much every SaaS company on earth
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is their partner. Is that right, Cody?
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I mean not everyone but we're working on it, yes.
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I think that's a good note to welcome you on. I'm not
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going to go into the question because I'm just astonished by the fact that
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how could you have so many partners and how do you manage to do that.
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So what's your advice being at Zapier, you know, having seen partnerships scale?
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What's your advice for people who are trying to build a partner ecosystem or
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you know, a marketplace ecosystem.
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[Cody] Yeah, great question, thanks Praveen! From our end, you know, one of the most important things is to understand what you are
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looking for. So if you can take, basically, marketing personas right of your perfect
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partner, who would be your perfect partner and what are the attributes that
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would make them your perfect partner? Write those things down, create a bit of
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a kind of a list, and then go index your world of potential partners - whether
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that's agency partners, software partners, resellers - whatever it might be, you can
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go and get this data. At Zapier we index 62,000 software companies and
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we used clear in it and a bunch of other data to apply basically weights and
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measures to assert to a model of predicting their success on Zapier.
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The very first thing I would recommend is saying, go figure out what you want to
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do or what the perfect partnership looks like and then go index the the world of
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partners, potential partners and that gives you a really good prioritized list
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of who to go get on your platform, because you're gonna have to do a lot of
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that to get the ecosystem rolling.
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So if I'm getting this right the first step is to identify what your ideal partner is going to look like and
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then start indexing them and really go hard after them. Just a follow up, a
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quick 10 second question - just looking at competitors also, Cody, let's say
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if I am probably a marketing automation
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company looking at my competition on what they have, does it also help?
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Possibly, yes. I would say that the the partnership
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playbook typically only has a few different chapters of how this is done.
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So if you see a bigger competitor who has more established channels and that
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works, absolutely! They might have done a lot of the research for you, especially
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if you're in a marketing automation that's industry, for sure.
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Okay my follow-up question - because you know you have tons and tons and tons
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of partners - how do you manage to kind of maintain a very cordial
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relationship with all of them because I'm pretty sure you don't, you know, treat
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all your 62,000 SaaS companies in the same way, right. So how do you go about
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maintaining those relationships?
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Sure, so we do have thousands of partners on the
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Zapier platform and we love all of our partners. Any of you that are watching,
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thank you, we we love you! But not all partners are equal and that's one of the
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very first things that when you create your index, if you will, that it
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tells you. So for us we have a very clear prioritized list of partners that are
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you know going to have more value to Zapier than maybe the 1,000th SMS app on
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our platform. And so, for us, we've aligned all of our resources and our partner
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programs to enable the longtail partners - who are maybe lower in the index - with
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really beautiful self-serve tools, and partners that are on the higher end in
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our Platinum and Gold levels where we dedicate actual human resources to do
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quite a bit more interesting work with them. So for us having that index and
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having a good idea of how our partners are growing the two things that we
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measure -- you're gonna have some sort of measurement on your end -- for us it's how
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fast are you growing on the Zapier platform and how clean is your
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integration, so what is the health of your integration measured through
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feature requests and bugs. And so for us that's kind of how we do it but that
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should orient you around how to apply resources to create a beautiful
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experience for all of your partners in both a scaled way and then also more of
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a handheld way.
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Okay awesome. So I'm just gonna try and you know
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summarize what you've told in three steps because there's a ton of information that
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you have told. So you say just try to have a
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persona of, you know, your ideal partner. If you have, if it's an established
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marketplace, you know, going after your competitor always helps. Number two,
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what you told is, segregating partners based on
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the behavior. For Zapier it could be about how clean their integration is and
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how fast they are growing on the Zapier platform and probably giving them, you
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know, our care and probably, giving them a care accordingly, you know dealing
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with them accordingly. Is that right, Cody?
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Yeah absolutely! Whatever that thing
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is for you whatever you measure, may be its revenue, may be its net new customer
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add additions per month, I mean find those find those metrics and follow
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your North Star.
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Perfect, I think that was a quick
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probably the best fireside chat I've had an Uncomplicate till now. Thank you for
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joining us Cody, until I see you next time!
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Thanks so much Praveen! I'll see ya!