Pitching & Packaging for Partnerships :  How to Land Amazing Deals & Tell If They're Working   Peter Pham  CEO BillShrink
Why Partner? Do more with less Focus on what you do best and what creates your competitive advantage Leverage each other for the benefit of both Traffic Revenue Users
You Get.. Partners can help accelerate Brand awareness  Legitimize your technology Make you seem bigger than you are..
They get to upgrade.. “ You’ve built what we’ve wanted to for years, but just didn’t have the resources”
What to look for Find combination of  small startups – nimble quicker deals larger partners – bigger numbers but slow Find deals that are win-win or you will lose-lose
Examples
Examples
Research upstream/downstream traffic competitors of possible partners Demographic profile Reach Stay on top of your space with a great RSS reader and follow your space religiously Techcrunch techmeme  etc to find similar deals or gaps in potential partner products
Competitors Google Alerts is your friend Do the same research for your competitors as you would partners Find their traffic sources – SEO, SEM, partners and see how you can win
Networking Great list for 2009 conferences at  http://andrewchenblog.com Use your Advisors and Investors for Intro’s
Deal Hunting It’s never too early to start don’t wait till you’re “ready” Big game hunting takes months so start early hunting
Pitch Find their hot button (if you did your market research you’d know) Template, but customize the pitch based on the hot button Mockup, mockup, mockup (do the thinking for them)
Move the deal forward Know their competitors cold Nothing moves partners faster than knowing you are working with their competitor Set deadlines that you need to make strategic decision on who to work with  Keep driving the deal Weekly status updates of who owes what to whom Weekly or  weekly calls with a PM
Legal Get a lawyer involved early Remember it’s your IP, you are NOT co-developing. Iframes, API’s are ideal Indemnification, who owns the user rights to market to the user), and try to avoid exclusive deals Right to their marks, joint press release and use of their branding Privacy policy, terms of use, etc.
And get a good lawyer…
Replicate and Scale Through deal flow - Learn what everyone’s needs and limitations are  Start building the scalable infrastructure early Build out demo sites for partners Nothing sells better than something they can touch Can  you  build a simple self serve version? Javascript, iframes, API’s etc.
Which deal to do when Value  Does doing this deal increase value to the company Revenue  Realistic annual revenue potential Reach  How large is their reach and what % will you get Brand  How much PR/brand value is this deal Will it help you get the next deal? Effort How much time/effort vs. other thngs
Measure Manage by Measuring  manage expectations consistently by providing data Click thru, conversions, lifetime value, revenue, uniques etc Send monthly reports so there’s no  surprises   Get more deals Case studies, references, PR  all driven by numbers
[email_address] Twitter - @peterpham

Peter Pham 1233853208687352 3

  • 1.
    Pitching & Packagingfor Partnerships : How to Land Amazing Deals & Tell If They're Working Peter Pham CEO BillShrink
  • 2.
    Why Partner? Domore with less Focus on what you do best and what creates your competitive advantage Leverage each other for the benefit of both Traffic Revenue Users
  • 3.
    You Get.. Partnerscan help accelerate Brand awareness Legitimize your technology Make you seem bigger than you are..
  • 4.
    They get toupgrade.. “ You’ve built what we’ve wanted to for years, but just didn’t have the resources”
  • 5.
    What to lookfor Find combination of small startups – nimble quicker deals larger partners – bigger numbers but slow Find deals that are win-win or you will lose-lose
  • 6.
  • 7.
  • 8.
    Research upstream/downstream trafficcompetitors of possible partners Demographic profile Reach Stay on top of your space with a great RSS reader and follow your space religiously Techcrunch techmeme etc to find similar deals or gaps in potential partner products
  • 9.
    Competitors Google Alertsis your friend Do the same research for your competitors as you would partners Find their traffic sources – SEO, SEM, partners and see how you can win
  • 10.
    Networking Great listfor 2009 conferences at http://andrewchenblog.com Use your Advisors and Investors for Intro’s
  • 11.
    Deal Hunting It’snever too early to start don’t wait till you’re “ready” Big game hunting takes months so start early hunting
  • 12.
    Pitch Find theirhot button (if you did your market research you’d know) Template, but customize the pitch based on the hot button Mockup, mockup, mockup (do the thinking for them)
  • 13.
    Move the dealforward Know their competitors cold Nothing moves partners faster than knowing you are working with their competitor Set deadlines that you need to make strategic decision on who to work with Keep driving the deal Weekly status updates of who owes what to whom Weekly or weekly calls with a PM
  • 14.
    Legal Get alawyer involved early Remember it’s your IP, you are NOT co-developing. Iframes, API’s are ideal Indemnification, who owns the user rights to market to the user), and try to avoid exclusive deals Right to their marks, joint press release and use of their branding Privacy policy, terms of use, etc.
  • 15.
    And get agood lawyer…
  • 16.
    Replicate and ScaleThrough deal flow - Learn what everyone’s needs and limitations are Start building the scalable infrastructure early Build out demo sites for partners Nothing sells better than something they can touch Can you build a simple self serve version? Javascript, iframes, API’s etc.
  • 17.
    Which deal todo when Value Does doing this deal increase value to the company Revenue Realistic annual revenue potential Reach How large is their reach and what % will you get Brand How much PR/brand value is this deal Will it help you get the next deal? Effort How much time/effort vs. other thngs
  • 18.
    Measure Manage byMeasuring manage expectations consistently by providing data Click thru, conversions, lifetime value, revenue, uniques etc Send monthly reports so there’s no surprises   Get more deals Case studies, references, PR all driven by numbers
  • 19.