Elements of Cloud Business Partnership
The cloud partnership is a vast landscape requiring a diverse set of activities.
Success hinges on acknowledging and addressing each of the four pillars, which,
together, lead to the bottom line: sales and growth.
Let’s explore the four pillars of a cloud business partnership and the activities
that comprise each.
Sale
Sales activities are the backbone of a successful cloud alliance, demanding a unique set of
capabilities and a profound understanding of available options and limitations.
It begins with creating a GTM plan, including developing a comprehensive sales strategy
that defines value propositions and competitive positioning strategies, strategically
planning and executing sales activities, and implementing robust tracking mechanisms
to monitor and analyze KPIs.
Next comes the creation and management of sales pipelines, encompassing lead generation,
qualification, nurturing, and conversion processes.
Finally, sales professionals must follow up by effectively managing sales funnels to
ensure the smooth progression of prospects through the buying journey.
The effective execution of the sales pillar requires the involvement of multiple sales roles —
VP of Sales, Account Executives, and Sales Development Representatives (SDRs).
Such tight involvement across the different roles ensures alignment across the strategy,
goals, and execution of the direct and cloud sales motions.
Partnership Enablement
A successful cloud business collaboration influences the entire organizational spectrum.
As such, the partnership enablement activities are necessary for both internal and
external needs, serving as the organizational compass directing efforts toward a
harmonized and thriving collaboration in the cloud ecosystem.
Internally, the partnership enablement pillar works toward orchestrating a pivotal
organizational shift, ensuring seamless collaboration between the ISV organization
and the cloud.
Externally, this pillar focuses on facilitating organizations’ navigation of
partnership programs.
Key Activities
- Training sales personnel on channel options and cloud collaboration strategies
- Empowering RevOps to leverage procurement tools like Cloud Marketplace
- Equipping teams with knowledge to sell in tandem with cloud providers
- Guiding the organization on navigating partnership programs
- Ensuring compliance with cloud partnership program requirements
- Leveraging funds offered by cloud providers
Bringing the Pillars Together Into a Team
In this blog post, we’ve unraveled the critical pillars that form the foundation of
a successful cloud partnership: sales, business development, partnership enablement,
and marketing.
A holistic approach combining each pillar is essential for turning vendors into a
scalable sales channel, with each pillar contributing a unique perspective,
fostering collaboration, and driving growth.
In our next blog post, we’ll delve into the intricacies of building the team
responsible for orchestrating these pillars, unraveling the distinct roles and
responsibilities of the Cloud Alliance, Technical Cloud Alliance, and Cloud BDR.