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Why Partnerships Fail (and How to Fix Them): Insights from Jenn Steele, SoundGTM

Between Product and Partnerships · 2026-04-15 · 35 min

0:00--:--

Key moments - from our scoring

Substance score

49 / 100

Five dimensions, 20 points each

Insight Density10 / 20
Originality9 / 20
Guest Caliber13 / 20
Specificity & Evidence9 / 20
Conversational Craft8 / 20

Jenn Steele, CEO of SoundGTM and former CMO at HubSpot and Amazon, discusses why 50-80% of partnerships fail and how companies can fix them. Drawing from her experience managing partnerships across large organizations, Steele identifies three core failure modes: unclear goals and compensation structures for partnership leaders, lack of operational infrastructure and internal resource coordination, and failure to sustain partner engagement beyond initial launch announcements. She highlights the organizational challenge of partnership teams sitting at the intersection of sales, marketing, product, and engineering - requiring relationship-building skills most partnership leaders possess but also demanding product knowledge, API literacy, and operational rigor they often lack. Steele explains why partnerships have suddenly become a revenue priority for companies post-COVID and through market downturns, and why many are adopting an 'underpants gnomes' approach - expecting outsized pipeline contribution (14%) with minimal budget allocation. The conversation covers pre-launch integration announcements gone wrong, the 80/20 rule in integration development, and practical tactics for keeping partner programs active beyond the first webinar or press release.

Key takeaways

  • →50-80% of partnerships fail primarily due to unclear goals, inadequate operational support, and misalignment between partnership leaders and internal teams like product and engineering.
  • →Partnership teams need dedicated operational infrastructure and product support, not just relationship-building skills, to successfully execute and sustain partnership initiatives beyond initial announcements.
  • →Companies pursuing partnerships as a revenue growth strategy often underinvest relative to expected outcomes, expecting 14% of pipeline from partnerships while allocating minimal budget and resources.
  • →Pre-announcing integrations before they're fully developed creates significant risk since partner API changes or delays can leave you looking bad and unable to deliver on public commitments.
  • →Sustained partnerships require continuous enablement, mutual value exchange beyond lead sharing (like revenue share or co-marketing), and finding new initiatives to keep partner relationships active rather than abandoning them after launch.

In this episode

  1. 1From CMO to Partnership Problems: Jenn's Background
  2. 2Early Missteps: How CMOs and Partnership Teams Misaligned
  3. 3Organizational Structure: Where Should Partnership Teams Report?
  4. 4The Third Party Problem: Why Partnerships Are Fundamentally Different
  5. 5Real Consequences: Failed Integrations and Broken Launches
  6. 6Three Critical Failure Modes: Goals, Operations, and Internal Resources
  7. 7Why Partnerships Gained Traction: The Post-COVID Revenue Pivot
  8. 8Success Indicators: Which Companies Can Actually Execute Partnership Strategies

Mentioned

PandiumSoundGTMHubSpotKissMetricsAmazonSalesforceJenn SteeleChristina

Guests

Jenn Steele

Topics in this episode

HubSpotreferral programsPartner MarketingSoundGTMKissMetricsPandiumintegration partnershipsAPI dependenciesco-sellingreseller partnershipsimplementation partnershipsPartnership infrastructure and operationsCo-selling and co-marketingPartner programs and enablementPress release coordination challengesAPI dependencies in integrations

Questions this episode answers

What are the three main reasons partnerships fail according to Jenn Steele?

Unclear goals and compensation structures (partners don't know how their variable comp is calculated), lack of operational infrastructure to support partner activities, and insufficient internal resources or product knowledge from partnership leaders who excel at relationships but struggle with ops and technical details.

Why did partnership programs become more prevalent starting in 2020-2021?

Companies shifted focus to partnerships when traditional outside sales activities paused during COVID, and later accelerated this as BDR models struggled and companies sought more revenue through existing integrations and partnerships with less go-to-market budget allocation.

What happened when Steele announced an integration with a large partner before it was actually built?

The integration took approximately two years to complete because the partner kept changing their API, making it impossible to launch as promised - a cautionary tale against pre-launching integrations without confirmed partner stability, especially with larger partners who control critical infrastructure.

Why do partnership leaders often fail at sustaining programs after launch?

Partnership leaders get excited about the next shiny object rather than maintaining ongoing enablement; companies lack the operational support and internal coordination needed to keep partners engaged beyond initial press releases and announcements.

How should partnership team structure change based on partnership type?

Reseller partnerships should report into sales for revenue accountability; implementation or CSI partnerships might sit in customer success; technology/integration partnerships may need product involvement; but all require clear alignment with whoever owns the primary business outcome being measured.

What our scoring noted

Our reviewer’s read on each dimension, with quotes from the episode.

Insight Density

10 / 20

The episode surfaces a handful of genuine operational insights - CMOs being structurally underresourced for partner marketing, the mismatch between pipeline expectations and budget allocation, and the 'shiny object' abandonment pattern - but these are spread thinly across 35 minutes dominated by commiseration, tangents about LinkedIn, and live-demo war stories that don't advance practitioner knowledge.

their average port co are expecting 14% of their pipeline to come from partnerships but not 14% of their go to market budget
partnerships people are some of my very favorite people in the world because they are so good at other humans...the things they're not good at are marshaling internal resources and handling the details and handling the ops

Originality

9 / 20

The most distinctive angle is a former CMO openly confessing she 'drove up' partnership failure rates, which gives the conversation an unusual self-critical credibility; however, the broader analysis - partnerships need clear goals, ops support, and executive buy-in - is well-worn territory, and the contrarian observations (underpants-gnomes pipeline logic) are clever but not developed into actionable frameworks.

my mission is to drive that failure number down, in part because I used to drive it up
the number of times I see a strategy or tactic that basically follows the south park underpants gnomes, the like partnerships. Hmm profit there

Guest Caliber

13 / 20

Jenn Steele has genuine multi-role practitioner depth - early HubSpot employee, Amazon, turnaround CMO/CEO at KissMetrics - and speaks from real operational failure rather than theory; the score is held back because her current company is early-stage and the episode doesn't fully extract the tactical lessons that her seniority should unlock.

I was early HubSpot employee number 90, and inbound marketing was a thing
after I became a turnaround CEO at KissMetrics...I ended up my board chair there

Specificity & Evidence

9 / 20

There are a few anchoring specifics - the 14% pipeline/budget mismatch stat, HubSpot employee #90, the two-year failed integration story, the $5K referral program, the $60K PRM budget reference - but nearly all company names are withheld by choice, the 50-80% failure rate is stated without sourcing, and most illustrative stories remain frustratingly anonymized.

there was a company...they announced a key integration with a large partner...I left the company about nine months later. Still wasn't done. A year later, it still wasn't done...all in all it was about two years
I offer $5,000 for any referral that converts. Why are people jumping on this

Conversational Craft

8 / 20

The host asks topic-relevant questions but regularly pre-answers them, pivots into her own anecdotes, and validates rather than probes; there is no productive disagreement or follow-up pressure on vague claims like the unsourced '50-80% fail' statistic, leaving several interesting threads unexplored.

I have thoughts about this which is maybe why this question is not well articulated. Because I'm thinking about it
I bet they wouldn't say whiny, but it sounded like you, um, you had a lot in your plate

Conversation analysis

Computed from the transcript - who did the talking, and the words that came up most.

Share of words spoken

  • Jenn Steeleguest55%
  • Christinahost45%

Most-used words

marketing31partner31partnerships22product19partnership18sales15different12help11budget11integration10folks10teams8team8didn8enough8doesn8

Episode notes

In this episode of Between Product and Partnerships , Cristina Flaschen sits down with Jenn Steele , CEO of SoundGTM , to pull back the curtain on why most SaaS partnerships collapse. Jenn draws on her experience as a former CMO to explain the internal perspective of leaders asked to support partnership launches without proper lead time. The conversation dives into the common pitfalls of "pre-launching" integrations that aren't ready. It also covers the dangers of concentration risk with large platform partners as traditional outbound sales models struggle. Throughout the episode, Jenn emphasizes a consistent theme: Partnerships are built on human relationships, but they survive on operational clarity and consistent enablement. ‍Key topics The Resource Gap: Why Marketing and Partners Clash ‍Partnership teams often operate in a silo and call on marketing for last-minute press releases without providing dedicated budget. Jenn explains why this misalignment leads to internal frustration.

Full transcript

35 min

Transcribed and scored by The B2B Podcast Index.

Jenn Steele: Welcome to Between Product and Partnerships, a podcast focused on bringing together product, partnership and engineering leaders to discuss how to build, support and scale SaaS ecosystems. This podcast is presented by Pandium, an integration platform for building native integrations.

Christina: Hi everyone and thanks for listening to our podcast Between Product and Partnerships where we talk about the challenges and what it takes to build integrations, partnerships and SaaS platforms. My, uh, name is Christina and I'm the CEO here at Pandium. And today we are so excited to have Jen Steele, CEO of Sound gtm, join the podcast. Do you want to share a little bit about your background, Jess?

Jenn Steele: Sure, sure. So what a strange road brings you to CEO and co founder. I assume you have had a similar journey, but, um, uh, I'm a former cmo. I think we'll just truncated at that. I was early HubSpot, I was at Amazon, blah, blah, blah, blah. Um, but I was a former CMO and after I became a turnaround CEO at KissMetrics, I'm a big martech person and I ended up my board chair there. After I sold, it was like, do you want to take this platform to market it's affiliates? And I'm like, no, affiliates is gross. I really don't want to deal with any of that. Um, but there were a few things that happened. One is that I have a lifelong obsession with things that I have failed at and I want to make them better. And, um, I like hard problems. So what ended up happening is I realized, oh, hey, I can take this platform. And after an aborted attempt, pivoted to focusing entirely on partnerships, in part because 50 to 80% of them fail. And when I was a chief marketing officer, I helped some of them not do super well. And so for me the question is, what makes, especially at, uh, companies that like, don't have an 80 person partnership organization, what makes them fail and can I help fix it? Like I, my mission is to drive that failure number down, in part because I used to drive it up.

Christina: That leads well into, I think the next question, which is when you look back at your previous roles as a cmo, how did you work with, or maybe not work with partner teams?

Jenn Steele: I still, so I am still friends with nearly every partnership team person I have worked with in the past, probably because they're very friendly and forgiving people, not because I deserved any of that. But, um, so the primary way I worked with a partner team was to be exasperated that I would get called in for a press release last minute or suddenly I'd have to do a webinar and I did not have the resources. And yes, partner marketing was under my purview and I came from product marketing, which is like right next door to it. However, I didn't have the resources partner. Even when I was VP of product and marketing that included partnerships, partner marketing was one out of 10 things I was doing. Like I literally had 10 different areas of responsibility. And so for me it was just like why uh, do I have to do this? And then working with a partner on a press release is really painful and what's going on now. And so of course I would make them less likely to ask me things because I was whiny. So um, so not. Well,

Christina: I, I bet they wouldn't say whiny, but it sounded like you, um, you had a lot in your plate and you were working at some pretty large orgs. So that makes sense that this was

Jenn Steele: not like depending on the org, you never have enough resources. Right. I mean I, I did not have a dedicated partner marketer on my team. And so I mean that's part of the person I'm trying to get is that person who has the whin, who doesn't have dedicated ops, who doesn't have dedicated um, partner marketing.

Christina: And in those situations was the, did the partnerships teams roll into like. I guess it sounds like maybe they rolled into you but you didn't have a marketing person.

Jenn Steele: Is that so they didn't roll into me. Um, one. The thing is, it's so funny because they, they roll in at lots of different places and I think I've experienced that. At one point somebody asked if they should roll into me and I was like well they can, um, but I think they should roll into sales because most partnership agreements you're trying to get more revenue, therefore let's have them go into revenue. Plus their, their processes are. Yes, there's partner marketing and it is its own thing and it is the marketing like cadence but their day to day accountability really should be pipeline and ideally close deals. And that's not necessarily marketing, that is, that is sales. But I have, I have worked with partner leaders that have reported to the coo, to the VP of demand, to Sales, to um, basically you name it.

Christina: I feel like it also can kind of depend on what kind of partnerships you're talking about. Like if it's like reseller, like that is like a straight like operations and sales thing versus technology partnerships which may have like a product element versus affiliate. Like it's, it's so.

Jenn Steele: Or like if you only did integration partnerships then maybe it's CS because it's. Or implementation partnerships. Like, um. And I always mix up the ISV terminology and things like that because it's hilarious. But whichever one means we sell, you implement. Maybe it's cs. You know, it just depends.

Christina: Yeah, it is. Ah, it's interesting to see in our customer base too, like seeing where those teams sit and then how they move around. Like some of our customers we've been with for years and years and like the people that run those teams have been rolling into different groups, including like being sort of that foundation of like a strategy group or a platform group. It's sort of all over the place without one clear. One clear home, I think in a

Jenn Steele: lot of, uh, works.

Christina: Yeah.

Jenn Steele: It's like, how do we make them perform? How do we make them not annoy me when they ask me questions that nobody else asks me? Because. Well, it's true. It's true. Because it's like in a normal sales led organization, you have two parties, we're selling the thing and you're buying a thing. When you start getting partnerships involved, now you have a third party and almost none of your thought processes or processes are designed for it.

Christina: Yeah, a hundred percent. And we talk a lot on the podcast and generally out in the world about like, dependencies and how integration work and partnerships that have integrations. Also just commercial agreements, but integration especially, there's like a lot of hard dependencies and assumptions, assumptions you have to make that live like outside of the four walls of your business. And you may or may not have the ability to influence that other company and you may or may not be able to get them to do things for you from a technical perspective. So it's definitely, I think, different to your point from straight sales, straight marketing, and definitely different from straight, like product engineering of Greenfield.

Jenn Steele: Um, yeah. And you're interdependent. I mean, yes, marketing is always dependent on product and sales. And you know, it's like the three corners of the stool in, especially in tech companies. Um, but it's just like, can I send out this press release? Oh, no, we're having a problem with their API. Suddenly it's like, at least if it's my own product, I know the launch schedule. Like, I know like, I have a little more control.

Christina: Yeah, yeah, yeah. Um, that reminds me of like, I feel like I've been on live demos so many times demoing an integration at like XYZ Place. And yeah, it's like the partner API is down. It's like you're sort of just host at that Point, but it doesn't make, it doesn't make anybody look good when

Jenn Steele: those things happen, but it happens to everything. I did a webinar where I was demoing like we have an agent that um, creates a joint ICP and then pushes that into your HubSpot so you can see which companies you have already in there. That actually would be great for co selling. On the morning of the webinar where I was launching that because I was launching it in partnership, they changed their primary, like their API was fine, but it wouldn't open the page because they changed the page URL. And I'm like, thank you so much, HubSpot. Thank you.

Christina: Yes, yes, yes. These are the glorious, the glorious things that I feel like you and I maybe should do a crash course about like how to do a live demo, how to like mock live demos. I feel like I've seen too many that have gone off the rails and I'm like, I know how you mock that. So you make it look like it works all the time. So you mentioned about the press release with an integration not being built yet. And that is the thing that I have experienced as the person who's responsible for the builds, learning that an organization has announced that this thing is ready to go and being sold. I'm like, news to me. We have, you know, six more weeks left or three more weeks left, whatever. Um, curious if you're, you could just share like that anecdote. Some folks here might get a kick.

Jenn Steele: Yeah. So there was a company, once upon a time, there was a company that I joined that has since gone through a couple of acquisitions. So they're no longer known by the company name. So I'll just leave that nameless. Before I started at the company, they announced a, ah, key integration with a large partner. Um, I was at the company, unfortunately there was an acquisition or fortunately and somebody else came after me for a better job. And so I did all of that. But so I left the company about nine months later. Still wasn't done. A year later, it still wasn't done because it's like, oh, the partner keeps changing their API, et cetera. I mean, I was getting to the point that I was just like popping the popcorn and watching because all in all it was about two years.

Christina: That hurts.

Jenn Steele: I will never ever pre launch an integration. Especially with like, you know, I'm the little guy and it's the big guy. Because you are at their mercy. Like when they changed their API, we were just dead in the water.

Christina: Yeah, well, and it's it's also like the unknown unknowns. What is it like? Um, the 8020 rule around, like the last 20% takes 80% of the time and it's also like most of the value. I feel like that is very acute in this space. Like, getting something that is like sort of functional enough to say that it's dev done is typically not that long. But then that extra like 10 to 15% in my experience is like the hardest part. And again, it, uh, comes into like, dependencies. There's like so much going out on, not even just from a technical perspective, but like you're trying to learn this additional system also to figure out like, how to make the thing work. And there isn't. I mean, people, they hate me because I say this, but like, there isn't actually a shortcut for that. Like, you just have to learn how it works if you want to build something that's going to be good for your customer.

Jenn Steele: I mean, fundamentally, so many integrations come down to data structures and everybody sets all that stuff up differently. And it's like, what do you call this field? What do we call this field? Oh, what do you mean by that? Oh, we can't use this quite like we expected. Meanwhile, I've already written the press release saying something that is no longer true. It is, it's a little bonkers.

Christina: I mean, the key is just when you're marketing it, to give no details. Just give absolutely no details about how anything works. Just use the logo and roll with them.

Jenn Steele: Yes. Because that's excellent marketing. That is phenomenal marketing. That absolutely makes people want to sign up. Because I always say once you get the headline stuff done, what's first in most people's mind, especially if you're a tech company, is. That's nice how?

Christina: Yeah, I mean, I'm, I'm the one that's always digging through everyone's help docs being like, how does this thing work? Like, let's see if there's help docs to see if it actually does work or not. Um, that's always the key. Help Desk is the great, the great equalizer. Um, so leading you up to now, when you look back on those experiences, what do you think are like the biggest two, three mistakes that companies make around partnerships? Then we'll talk about like, current state today.

Jenn Steele: Sure. Um, now I'm going to put in this disclaimer that I am trying to build my company to remedy these errors. So coincidentally, I have solutions for some of these. However, um, there's unclear goals. Like, I worked once With a partnership person who had a variable piece of his comp that he didn't know how it worked because it was always like moving pieces. Every partnership deal was different. The CEO would do a one thing and et cetera. So it's just like operational clarity and then the system to support that, which of course, duh, building it. Um, that's, that's actually the biggest one because I find partnerships people are some of my very favorite people in the world because they are so good at other humans, they're so good at building relationships, they are phenomenal at finding win win situations that you know, some people would call synergies, but I hate that word. And the things they're not good at are marshaling internal resources and handling the details and handling the ops and also just handling the product. Right. They're coming from a more salesy background or maybe a marketing background. And I have more of a product background personally, so occasionally I just watch it. I'm like, oh no, you didn't say that to the cpo. No, no, no, no. Okay. So I um, I think it's kind of that you're smack in the middle of so many teams and your talent is building relationships and finding synergies, not in hurting the cats.

Christina: Mhm.

Jenn Steele: So maybe I didn't get three overall, but it's like goals, ops and whatever the heck is happening inside.

Christina: Yeah, yeah. And that's why I love seeing and I agree with you about partner people. Like, I think it's this really like cool combination of like almost like the CX account management type of mindset and sales where there really is to your point, the like one plus one equals three to use that, that played out, um, analogy. But it's really true. Like these are folks that are like looking for opportunities to better serve the customer. Right. And are usually folks that don't necessarily love the like kind of grinding nature of sales, but also have a commercial mindset. So being in, you know, like a non quota carrying CX person might also not be a good fit. Um, and I love, love, love when we work with companies, when we get to see companies that have some sort of counterpart to the partnership folks in either product or engineering, usually in product, but like there's like somebody or there's like a platform team or a professional services team that owns some of this stuff. Not even integration specifically, but just general product feedback. And like those folks that are out there spending their entire day talking to other software companies are also getting just like great feedback about your perception in the ecosystem and like, what other companies think you do and what you. What companies are saying about you and like, that kind of stuff.

Jenn Steele: One of my favorite when I. I started at one company as chief marketing officer and the partnership, um, VP was like, here, I'm. I've set up calls with all our primary partners, and I'm like, I don't know where the bathroom is. Like, what am I doing talking to them? But it was exactly that. It was their perception. It was their perception of strengths and weaknesses and also their fundamental how can I help? Which so many of them, I swear, were born just saying that. It wasn't Mama Dada. It was, how can I help?

Christina: Yeah, yeah. Uh, yeah. And that's why I love having, like that, um, at least like, a person in these different orgs that is, like, maybe not partner in the title, but like someone that this. These partnership folks can go to to share some of that feedback. Or, like, you know, even in marketing, like, it might be something that you want to hear about. Like, hey, I told somebody about this XYZ thing that we now have, and they had never heard of it. Like, that's. These are important things. Um, yes.

Jenn Steele: If nothing else in marketing, it helps you say I told you so to the founder who's the one that decided it didn't go on the website.

Christina: But no, neither here nor there. Neither here nor there. Apropos.

Jenn Steele: Absolutely nothing.

Christina: Well, we'll take it offline. We'll take it offline, as they say. Um, so cool. So you've been doing this kind of work of working with these kinds of companies for a bit of time. But I do think, and I will say that I think this started mid Covid. I'll say so, like, 2021 is where I started seeing more activity around more and more companies having this partner Persona within their organization and wanting to build partnership teams, or at least having a human that's responsible for these kinds of relationships if they're too small to actually have a partnership team. Um, I'm curious why you think the sea change, like, why are people focused on this now when they weren't? I mean, I've been in tech for a billion years. I have done this kind of work under different names forever. In 2014, partnerships was, like, not a thing unless you were really buddied up to, like, Salesforce or something like that. Yeah, somewhat of a thing, but not like now.

Jenn Steele: 16, 2017, I worked at a big data company and we needed partners because what do you do with data? Somebody's going to help you. But, um, I Think actually not. Yes. It started going during COVID it also because we weren't doing outside sales. So I think people were hoping to just have more places to go because what we were accustomed to doing wasn't working anymore. Although thankfully, at least in the tech sector in 2021 and 2022, beginning of 2022 things were still booming and then we hit a wall and uh, now people are like where can we get more revenue? Okay, partners. And I swear to you the number of times I see a strategy or tactic that basically follows the south park underpants gnomes, the like partnerships. Hmm profit there I I saw on um. Well an investor that will be rename remain nameless that their average port co are expecting 14% of their pipeline to come from partnerships but not 14% of their go to market budget. And so I'm like they. So I think it's. They are expecting an outsized gain from a small amount of effort and because you know the BDR model is struggling because nobody knows what that exploitive deleted is happening with AI we are definitely having a whole like well maybe we can magically go through our ecosystem. And, and they're the natural ones.

Christina: Right.

Jenn Steele: If you've got a product that does integrate that needs integrations like that's a pretty natural one. Um, and then there's people who are trying it through any means necessary because they are hoping and praying that they can actually do more with less.

Christina: And what do you. I guess when you look at that problem, right. The problem of more revenue is like canonical sales problem from a business. So I won't ask you how do you solve that problem? Um, I would still have a bigger

Jenn Steele: company if I could solve that problem.

Christina: I mean wouldn't we all.

Jenn Steele: Yes.

Christina: I was like just AI just add AI. Yes.

Jenn Steele: Ah, that's all you need.

Christina: But more like generally like when you look from the outside and you're looking at a company that now is going to have like a partner strategy, what makes you think like this company actually could do this really well versus like this company still maybe needs to invest a little bit more into planning what they're. And I have thoughts about this which is maybe why this question is not well articulated. Because I'm thinking about it.

Jenn Steele: No it's not.

Christina: Um, like you know, like where do you like this is going to be a company like this company's going to has the potential to nail it. This one it's like I don't know what they're doing.

Jenn Steele: Um, and this goes back to your whole like what are the three primary failure modes. And we didn't get here. So I'm glad you asked this question again. Uh, or a different variation of it. And it's, you've got a partner person who is really, really good at starting something and really, really bad at keeping it going. Because the next shiny object is coming and a lot of us are like this. I mean, I'm a founder. I can't, I can't fully step out of the guilty, uh, verdict there. But it, um, it's the, the, the. You don't have the infrastructure, you don't have the support. You, you thought that if you did this, it would be magical because people like, I was talking to a founder yesterday who was like, I offer $5,000 for any referral that converts. Why are people jumping on this? And, you know, we went through and came up with tactics and things like that, but it's just like, because that instant, like, yeah, everybody's like, yes, I will sign up for your partner program and we will get $5,000 per whatever it is. And then they forget it exists. There is not enough enablement. Nobody's talking about it anymore after the press release and we're onto the next shiny object.

Christina: Yeah, I think that's fair for sure. Um, and also, like, depending on who that person is speaking to on the other side, if it's a partnership person, they have a bajillion of people that have asked them to do this same thing. I do think, like, the, the mutual back scratching is really important in these. And in some instances, like, you as the partner are not going to be contributing leads to them. Like, there are definitely examples where this is very lopsided in terms of, like, hey, you can send me leads, but, like, given my business, I'm actually probably not going to be sending you leads. Right. But there are other ways to, like, you know, stay top of mind from a product perspective and also just from like a personal perspective, like, how do I, how do I stay, like, in your ethos as, like, a cool human who you're willing to, like, punt some stuff to.

Jenn Steele: Right. And that's, you know, we're working on productizing that because of the whole lake. And it's, it's. I don't want to just be a sales dashboard because it's like, it's not just like, reach out to these accounts today. Um, but it's very much like, okay, what are all of the actions? Because we can fly to cities now, we can do co marketing. There's so much more. And it's not just an exchange of leads, it's maybe leads for a rev share. But be aware they can't give you leads so they have to give you something. What is that? It's probably revenue. So it's balancing whatever that agreement is to reality helps a lot. And the other thing that I, I was, I was talking to a different customer yesterday and as well and it's like well, how do I keep them going? It's like well what. You've been talking about doing webinars forever but I haven't seen one. How about finding a pilot for that? Right. It's, it's always coming up with what's the next thing that's going to get the shiny object person on their side excited again.

Christina: Mhm. Yeah. Sometimes that can be to your point like a webinar or something that like doesn't necessarily have a huge budget or like a huge amount of lift. Like there are all kinds of things that you could do with somebody that like you as the founder, like I can do or you know, volunteer a few hours of your time to get something together. And it doesn't have to be a $40,000, you know, party at a giant conference that you're, you know, throwing your label on together or your logo on together. Um, so we talked a little bit about some of the failure patterns. Like what, what do you think are fair expectations for what partnership programs can do? And like maybe let's think about that from like a company that is a reasonable size but hasn't historically invested a lot in partnerships. So like you're sort of maybe not starting from scratch like brand new company, but if you were going in and like we're going to like tear this down and start over. But what do you think is a realistic way to think about the output of that? So obviously it'll be different like per industry.

Jenn Steele: No, but I don't, I don't have a non boring answer for you.

Christina: I love boring answers.

Jenn Steele: I'm boring answers. That's the boring answer is that the 8020 rule is still probably going to apply. So the question is go in, look at your partners, hopefully find 20% that are producing. If you don't, then you know you're out of balance. And then bucket the rest of them into how well you think they could produce and come up with your motions, probably pretty classic go to market motions. They're either going to be in sales or marketing most likely. Um, come up with your emotions to see if you could reawaken it. Come up with your criteria as to how long you're going to spend any effort on this set of, you know, whatever bucket it is and move on with your life almost, you know, execute, execute.

Christina: And what does that look like? Like, what is that Repeatable go to Market Motion look like once you as an organization say, like, okay, like we've seen like some early signs of life with some of these things that we're trying. Like, what are some of those things and how do you think about operationalizing them?

Jenn Steele: So every time somebody says repeatable go to market Motion, I laugh because I come from marketing, and in marketing, every tactic works until it doesn't. Um, you know, for example, so I was early HubSpot employee number 90, and inbound marketing was a thing. And then we flooded the market with all of this content and then direct marketing, which had died in like 2010, was suddenly back and we're sending crap to people. And then Covid happened and nobody's in their office anymore and it's define repeatable.

Christina: That's fair. That's fair. But I mean, for something to be, for something to be like, operationalized in a way, it has to be repeatable. Right? Like, I, uh, totally agree with you. And like, Pandy was been around long enough and we were small enough to like, have even been through exactly what you're describing in terms of like, okay, now we're gonna. It's kind of like demand gen. Now it's all inbound. Like, now it's this now, you know, events.

Jenn Steele: Events are the most recent thing, which means you have to have a budget, which is hilarious because of course there's no VC money. Um, unless you're like OpenAI. Uh, so it's bonkers. It's totally bonkers. But you're right, the, the ability to grade each partner on an ongoing basis, um, know exactly what type of partnership it is and therefore what your agreement is, knowing whether you have an SLA and so whether or not you need to light a fire under your own. But, um, that's the repeatable side is what's happening. What do I need to do today? What do I need to do next? What might be an emergency? And then you can think about, okay, well, what's the market doing right now? Hopefully your CMO has some clue and can help you. And, um, and then what's the tactic that can work? What's my budget? What's their budget? You know, it's a, it's a problem solving exercise from there.

Christina: What budget? There's no budget. There's no budget for anything ever.

Jenn Steele: The Partner program especially has like zero budget and I'm just like. So I was often funding the joint happy hours out of the marketing budget and I was fine with that because I like people and, and stuff like that. Although it would drive me crazy when they'd be like, let's have a joint happy hour with this partner. That makes no difference at all. And why the heck are we talking to them? They're in a different industry. They don't sell to the same people. They don't use our product. What are we doing?

Christina: Yeah, yeah, yeah. I mean, there's definitely budgets because I get invited to so much stuff and I, I don't even have a sense of how much that must be costing. Like just daily cost of tech company parties in New York City.

Jenn Steele: Um, I know how much that stuff costs because I'm as a former cmo, so.

Christina: Yeah, I'm sure, I'm sure. And like again, like the bang for your buck there, like, maybe isn't good. Maybe it's. Maybe there's reasons that you want to do these events. But I think there, I do think there's a lot of ways to like, to squeeze blood from the stone, so to speak, of like, doing virtual things and like doing small, thoughtful things. And there's a couple of companies that we work with that just like really do a great job with their ecosystem. And it's like they, they have an excellent marketing team and they have a big partner team. And I just, every time, and I get lots of emails, I always open, open their emails to see the partner announcements and like, they tell the together story really, really well. And I think that's also very compelling is like, I would rather actually hear about what, like, why should I care about you two companies being together than almost anything else that they could say. Right? Yeah.

Jenn Steele: Like, why does this matter? Um, why do I care? Oh, suddenly a use case has opened up for me. Or, oh, now I can measure what this other company is doing for me. Like, you need that. Oh, but I can't help but notice you're like, they have partner teams, they have marketing teams, they have resources. Even if it's not for high ticket stuff they're doing, they're still employing people.

Christina: Uh, 100%. Yes. I mean, if you don't have anybody doing anything, that's obviously going to be an issue. And I also, I've talked on this podcast with other folks before about, like, I also think there's a lot of danger in like really small companies kind of hitching their wagon to like, partnerships as Being like their one and only distribution method. And like, hey, we're going to spend all of our money on partner marketing. But like, we are not, we cannot survive without the attention from big kind of cornerstone, cornerstone, flagship foundational product. Because even if you have their attention temporarily, like, that is a very dangerous game of concentration risk. Um, it is.

Jenn Steele: Especially in the U.S. i, um, work with the. I coach Japanese companies as part of an accelerator. And, um, their big companies are much more nurturing than our big companies, shall we say? Yes, almost everybody is funded by like Mitsubishi or something like that. They've got all sorts of things going on, um, and you need that channel, partnership, et cetera. Like, so they come here and they're like, where's my big company? I'm like, nobody knows who you are. Good luck.

Christina: Well, I mean, if you start doing well enough, those big partners might not want to be a partner anymore. And like, you know, there's just all kinds of like. And we don't have enough time to talk about that, like, kind of competing, um, incentives that go into that type of relationship. But.

Jenn Steele: Right.

Christina: It is, it is like, it's an interesting thing. And again, I've seen companies like, really spend to your point, like two years trying to finally get that integration with this one huge company that's going to save the business. And then after all that work launching Cricket. So I'm like, you really got to distribute. Distribute, distribute.

Jenn Steele: Or even worse, after all that work, it turns out the big company was bringing you along to build your product.

Christina: Yeah, yeah, yeah, of course. Or they just won't approve you at the very end. They're just like, nah, we're just not going to let you in the App Store and there's like no recourse, you know.

Jenn Steele: Turns out enterprise sales is annoying no matter what angle you have.

Christina: Indeed, indeed. Um, cool. So we are coming up on time, but I want to let everybody hear more about sound gtm. So you've referenced it a couple few times. Your company, what do you guys do and what types of companies should come to you to solve what problems.

Jenn Steele: So the perfect folks to come in are if you are running partnerships and you are essentially by yourself at a tech company. Most likely because I come from tech. Um, our entire goal is to kind of surround you with and do the annoying things that you don't want to do so that you can use those incredible strengths that Christina and I have been talking about. Um, and so on one side we have a tracking ops and payments, um, system that will let you do deal reg Six ways to next Tuesday. Um, came up with a new one this morning that we're going to implement. So. And then on the other side, we have a suite of partner marketing agents that, um, weirdly enough, I apparently have the skill to teach, um, LLMs how to write. So they'll basically do a, uh, mid level partner marketing suite of stuff for you to do, sales enablement to do, targeting and all of that stuff. And, um, if you are currently tracking whatever your partnership efforts are in a spreadsheet, we're coming. No, we're here for you. We're not coming for you. We are here for you. You can leave that out.

Christina: We're coming for you. Be careful.

Jenn Steele: We're coming to help. No, um, but that's exactly where we want to be because so many PRMs are like, scale, scale, scale. And so many partnership people are like, first, I don't have $60,000 in my budget. And second, I don't need scale, I need help. And that's what we're here to do.

Christina: I love it. And how can folks find you? And we'll drop a link to your site in the description of this, but how can folks find you outside of that?

Jenn Steele: So we're@soundgtm.com I am, uh, ignore the pricing page. We're redoing it. Um, and um, you can find me on most socials. I'm Jen Steele. J E N N S T E E L E But I am probably most active on the cesspool that is LinkedIn.

Christina: I thought you were going to say Twitter. When you said the cesspool, I was like, oh, but LinkedIn is also terrible.

Jenn Steele: LinkedIn is terrible because of the AI content. In fact, my most recent posts or one of my posts recently, ways of ranting about it. And of course I got 8,000 views on that completely useless post. Whereas something substantive doesn't get anything.

Christina: I know my like spiciest ones that are like, to your point, not that don't have a lot of substance. It's just me complaining. Are always the ones that do really well. Um, but yeah, I LinkedIn and I will. We're in a safe place here for all of our listeners. LinkedIn is so hard to use also sometimes like using like some of their premium tools. And I'm like, how are we stuck in this thing like for this many years and we are still like, there's nowhere else to go. Like it is. They really, they got us, man. It's a great tool for the network

Jenn Steele: but like, if you want to build a better Mousetrap. Come up with something that's not LinkedIn or Twitter or Insta or TikTok or any of these like algorithm based. But anyhow, um, and I will say if you do reach out to me on LinkedIn, my apologies in advance. My messages are a mess. It takes me a while.

Christina: Good to know I'm already connected so I don't have to worry about it. Well, this has been super duper fun for our listeners. Uh, if you are interested in learning more about integrations, partnerships, partner operations, we've got rubrics, we've got spreadsheets, we've got all kinds of stuff, downloadable ebooks. Uh, check out pandium.com. you can also link to our YouTube there. We'll drop uh, a link to all of Jen's things perhaps in the description there so you can find her off of LinkedIn if you don't want to go there. Um, and yeah, we really appreciate you taking the time and hanging out with us for a little bit this afternoon, Jen, and I'm sure I will see you out there.

Jenn Steele: Absolutely. Looking forward to it. Take care.

Christina: Thanks.

Jenn Steele: Thanks for listening. If you enjoyed our content, subscribe to our channel and give us a thumbs up for more content. For more content on tech partnerships, integrations and APIs, check out our articles, ebooks and other resources in the description or visit Pandium's website.

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