37 min

How to Build a $30M Partners Channel in Three Years with Bold Decisions SaaS Connect

    • Business

In this episode of SaaS Connect, your host Sunir Shah of Cloud Software Association, speaks with Asaf Fradkin, Head of Business Development and Partnerships of Monday.com. (If you haven’t heard of Monday.com, you obviously don’t frequent YouTube…) Monday.com built a $30M partners channel in less than three years with bold and controversial decisions.

The platform was introduced in 2014 and today boasts more than 650 employees, serving 115 global customers. The partnership channel was started late 2017, and today has more than 100 active partners that they engage with weekly. That excludes the smaller 5–10 potential partners who reach out to them daily.

In this discussion, Sunir and Asaf discuss:


What partners are worth working with

Starting a new initiative and learning fast

Generating revenue fast via partners

Commissions and what matters to partners

The importance of radical transparency and how to incorporate that with partners

Celebrating partner wins

What to do with underperforming partners

Disclosing and keeping partner details private

Lead distribution mechanisms

How Monday.com builds trust with their partners

Infrastructure and what’s critical in the beginning

Partner management software

Onboarding training and certification


Resources Mentioned:

Google Apps

Salesforce

Thank you to our amazing podcast team at Content Allies. Want to launch your own B2B revenue-generating podcasts? Contact them at https://ContentAllies.com

In this episode of SaaS Connect, your host Sunir Shah of Cloud Software Association, speaks with Asaf Fradkin, Head of Business Development and Partnerships of Monday.com. (If you haven’t heard of Monday.com, you obviously don’t frequent YouTube…) Monday.com built a $30M partners channel in less than three years with bold and controversial decisions.

The platform was introduced in 2014 and today boasts more than 650 employees, serving 115 global customers. The partnership channel was started late 2017, and today has more than 100 active partners that they engage with weekly. That excludes the smaller 5–10 potential partners who reach out to them daily.

In this discussion, Sunir and Asaf discuss:


What partners are worth working with

Starting a new initiative and learning fast

Generating revenue fast via partners

Commissions and what matters to partners

The importance of radical transparency and how to incorporate that with partners

Celebrating partner wins

What to do with underperforming partners

Disclosing and keeping partner details private

Lead distribution mechanisms

How Monday.com builds trust with their partners

Infrastructure and what’s critical in the beginning

Partner management software

Onboarding training and certification


Resources Mentioned:

Google Apps

Salesforce

Thank you to our amazing podcast team at Content Allies. Want to launch your own B2B revenue-generating podcasts? Contact them at https://ContentAllies.com

37 min