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5 steps to finding your perfect marketing partner
... and why alignment beats audience size every time
Let’s not beat around the bush, . By now, you probably know that I specialize in growth strategy and advising for technology companies. I’ve dedicated my career to helping leaders like you break through growth plateaus by transforming strategies into reliable revenue drivers.
Today, I’m going to share 5 compelling reasons why you should focus on building marketing partnerships - and how to get started, if you’re up for it…
What I mean by the word “partnership”
When I talk about “partnerships”, 95% of the time I am talking about marketing partnerships. Not data partnerships and not sales partnerships, although those are great too.
Marketing partnerships are the type of partnerships that really push the needle in terms of MQLs and SQLs. Think:
Strategic alliances with complementary, non-competing brands.
Collaborations built around shared goals and measurable outcomes.
Deeply aligned partnerships where both parties bring unique strengths to the table.
Marketing partnerships aren’t suitable for everyone.
Here’s the thing: marketing partnerships aren’t suitable for everyone. That’s the truth.
I’ve seen businesses dive into partnerships without understanding why they wanted to collaborate or what mutual success would look like. And unfortunately, that lack of clarity caused them to stall out before they could achieve their goals.
To achieve meaningful results, you need clear motivations and a strong commitment to the process.
What’s often overlooked is this: to achieve meaningful results, you need clear motivations and a strong commitment to the process. Marketing partnerships only produce strategic advantage if you put in ongoing effort, focus, and alignment.
5 reasons why building marketing partnerships can be a game-changer
After partnering with all sorts of technology brands, from Amazon Web Services to BMC Software, from my experience I’ve distilled down the 5 core reasons why building marketing partnerships can be a game-changer:
Amplified reach – By combining audiences with the right partners, you can significantly expand your visibility without doubling your marketing spend.
Shared resources – Pooling resources allows for high-impact campaigns that neither partner could achieve alone.
Enhanced credibility – Partnering with a trusted brand will elevate your own reputation and create instant trust with new audiences.
Cost efficiency – These types of marketing campaigns often cost less per lead or conversion, thereby maximizing your ROI.
Stronger market position – Strategic partnerships can position you as a key player in your industry - all by showcasing your ability to collaborate and innovate.
At this point you’re probably thinking that building a partnership is a great idea, but before you jump into action take a moment to reflect.
Think about it for a minute: Why do YOU want to build marketing partnerships? Is it to amplify your reach, to reduce costs, or to establish your brand as a trusted leader?
I want you to get crystal clear on your "why."
At the end of the day, you might decide this isn’t the right path for your business, and that’s okay. But if you find that marketing partnerships align with your vision, I’m here to guide you every step of the way starting right now.
5 simple steps to forge your own partnerships
Ready to get started with marketing partnerships? Here’s how you can take the first steps:
Identify your ideal partner – Look for brands that complement your offerings without directly competing. Focus on shared values and aligned target audiences.
Define your goals – Be clear about what success looks like. Are you out to increased leads, shared content, or a joint event?
Reach out strategically – Approach potential partners with a specific value proposition and a clear idea of how the partnership will benefit both parties.
Create a collaboration plan – Outline roles, responsibilities & timelines to ensure both sides are aligned and accountable.
Measure and optimize – Track the performance of your partnership efforts and make adjustments to maximize outcomes, of course.
These steps ^^ will set you up for success.
Let’s talk about your strategy!
Want help getting started? Book a complimentary, pitch-free consultation with me. During our call, we’ll explore your goals and brainstorm potential partnership strategies that are most appropriate for your business and business model.
Cheers,
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Lillian Pierson, P.E.
Author, The Data & AI Imperative
Fractional CMO & Founder, Data-Mania
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