Article
|
9
 minutes
It’s time for the other CEO: Chief Ecosystem Officer
Article
|
6
 minutes
How Bombora discovered hidden pipeline and closed $100K in 2 months with Crossbeam
Article
|
5
 minutes
Build Affective and Cognitive Trust to Bond With Your Remote Team. Here’s How.
Article
|
12
 minutes
Account mapping. How to (finally) do it without giant, cumbersome spreadsheets
Article
|
10
 minutes
A Fill-in-the-Blanks Exercise for Evaluating Your Partner Program
Article
|
5
 minutes
7 Questions to Ask Before Starting a B2B Partnership Program
Article
|
6
 minutes
6 Questions to Answer Before Launching Your Channel Partner Program
Article
|
10
 minutes
5 Tactics You Can Use Right Now to Show the Real-Time Impact of Partnerships
Article
|
11
 minutes
5 Partnership Challenges Agencies Face (And How to Tackle Them Head-On)
Article
|
9
 minutes
2 Attribution Challenges for Partnership Professionals (and How to Get Ahead of Them)
Case Study
|
 minutes
How Sendoso Doubled Their Partner-Influenced Pipeline In Just 3 Months with Crossbeam
Case Study
|
 minutes
How LeanData Makes it Easy for Reps to Close Partner-Sourced Revenue
Video
|
 minutes
The Problem is Access
Video
|
 minutes
The Nearbound Mindset: Part One
Video
|
37
 minutes
The 2023 'Boundie Awards - LIVE
Video
|
 minutes
SPECIAL RELEASE: Harry Mack Freestyles Nearbound Anthem: Nearbound Podcast #134
Video
|
27
 minutes
Session three. The Journey to Chief Marketing and Ecosystem Officer by Allison Munro and Jill Rowley
Video
|
 minutes
Session three. How PRMs Have Been Doing Things Wrong by Pete Rawlinson and Ornella Nardi
Video
|
30
 minutes
Session six. Biggest Problem in GTM: Lack of a Unified Operating Model by Sam Jacobs and Kathleen Booth
Video
|
 minutes
Session six: The 7 Deadly Sins of Customer Success in the Nearbound Era
Video
|
 minutes
Session seven. Partnerships as a Path to Acquisition by Andrew Gazdecki
Video
|
 minutes
Session seven. Gain Grow Retain LIVE at the Nearbound Summit by Jay Nathan and Jeff Breunsbach
Video
|
17
 minutes
Session one. Nearbound and the Rise of the 'Who' Economy by Jared Fuller
Video
|
 minutes
Session five. Why You Must Integrate to Differentiate your Product (And How) by Alexis Petrichos
Video
|
 minutes
Session five. How to Align Your Success Team with Your Partners by Bruno Yoffe and Sunir Shah
Video
|
 minutes
Session eight. Nearbound Ecosystem Strategy and Orchestration by Allan Adler
Video
|
52
 minutes
Sam Jacobs & Bob Moore: The Future of an Ecosystem-Led World | Supernode 2023
Video
|
57
 minutes
Partnerships and Contracts: Navigating the Legal Jungle
Video
|
31
 minutes
Nick Gray: Closing Keynote | Supernode 2023
Video
|
38
 minutes
New Video
Video
|
 minutes
NEARBOUND.COM Announcement
Video
|
32
 minutes
Nearbound Sales #19: Email Template — Use This To Get Account Intel
Video
|
 minutes
Nearbound Sales #2: You Might Need to Rethink Your Sales Quota Says McKinsey
Video
|
27
 minutes
Nearbound Sales #16: Buyers Want Nearbound
Video
|
35
 minutes
Nearbound Sales #12: Why Sellers Don't Use Partner Leads
Video
|
 minutes
Nearbound Podcast #164: Why Your SaaS Partnerships Aren't Delivering Scott Wueschinski's Solution
Video
|
 minutes
Nearbound Podcast #98: Thinking Like a CEO as a Partnerships Professional with Kim Walsh
Video
|
 minutes
Nearbound Podcast #163: How to Go All In on an Ecosystem, with Daniel Zarick
Video
|
 minutes
Nearbound Podcast #157: The GTM Revolution and How AI Will Influence Sales
Video
|
 minutes
Nearbound Podcast #156: The End of Silos and the Need for Collaboration with Lizzie Chapman
Video
|
 minutes
Nearbound Podcast #152: Shifting From the How Economy to the Who Economy with Chris Walker
Video
|
 minutes
Nearbound Podcast #149: Evolving Partnerships in Business with Pete Rawlinson
Video
|
 minutes
Nearbound Podcast #147: Unlock the Power of Strategic Partnerships by TK Kader
Video
|
 minutes
Nearbound Podcast #139: Unleashing the Power of Nearbound Strategies to Close More Deals
Video
|
 minutes
Nearbound Podcast #138: Insights in Building Customer Success and Partnerships for 2024
Video
|
 minutes
NearBound Podcast #137: Marketing Against the Grain LIVE at the Nearbound Summit
Video
|
 minutes
Nearbound Podcast #136: SPECIAL RELEASE LIVE from the Nearbound Summit House
Video
|
 minutes
Nearbound Podcast #135: The Power of Owned Media with Anthony Kennada
Video
|
129
 minutes
Nearbound Podcast #127: The Nearbound Moment is Here
Video
|
46
 minutes
Nearbound Podcast #118: Insights From Over 100+ Conversations With Partner Pros
Video
|
44
 minutes
Nearbound Podcast #116: The Future of AI, Agents, and Agencies
Video
|
53
 minutes
Nearbound Podcast #110: HubSpot is Coming for Salesforce —The 4 Epochs of the Ecosystem
Video
|
33
 minutes
Nearbound Podcast #109: 6 Do's & Don'ts of Partner Marketing You Can't Ignore
Video
|
45
 minutes
Nearbound Podcast #107: How Nearbound is Different From Channel
Video
|
51
 minutes
Nearbound Podcast #081: Exploring the 16 Types of Network Effects with James Currier of NFX.com
Video
|
52
 minutes
Nearbound Podcast #065: WTF Is An Ecosystem?! - Elevating Partnerships Out of the Shadows
Video
|
50
 minutes
Nearbound Podcast #064: "The Challenger Sale" Author Takes the Partner Pill
Video
|
33
 minutes
Nearbound Marketing #6: Not Your Grandma’s Co-Marketing Campaign
Video
|
 minutes
Nearbound Marketing #7: Understanding the Will of Your User s Existing Communities
Video
|
33
 minutes
Nearbound Marketing #22: Trust + Scale — Where Partnerships & Marketing Come Together
Video
|
30
 minutes
Nearbound Marketing #26: How to Identify the Nearbound Evangelists in Your Ecosystem
Video
|
 minutes
Nearbound Marketing #13: The 3 Marketer Personas Of the Future
Video
|
29
 minutes
Maureen Little: Scaling ain’t easy | Supernode 2022
Video
|
26
 minutes
Mike Stocker: 10 Partner Metrics Every Executive Ought To Know | Supernode 2023
Video
|
29
 minutes
Maureen Little: Scaling ain’t easy | Supernode Conference 2022
Video
|
29
 minutes
MythBusters: The GTM Edition
Video
|
23
 minutes
Lizzie Chapman: How to Make Your Leadership Care About Ecosystem-Led Growth | Supernode 2023
Video
|
18
 minutes
Lisa Hopkins: Navigating The Messy Teenage Years Of Your Partner Program | Supernode 2022
Video
|
20
 minutes
Jared Fuller: Trust is the New Data | Supernode 2022
Video
|
 minutes
Marco De Paulis: Why You Should Always Give Value Before You Get It — Supernode 2023
Video
|
 minutes
Increase Partner Engagement & Grow Partner Pipeline by 26%
Video
|
 minutes
Howdy Partners #74: Reactive Partner Marketers Are Salary Wasted with Jessica Fewless
Video
|
 minutes
Howdy Partners #73: The Modern Interconnectedness of Brand, Employee Advocacy, and Ecosystems
Video
|
 minutes
Howdy Partners #72: Psychology of team wide buy in: The Answer to Partner Program Success
Video
|
 minutes
Howdy Partners #71: Natasha Walstra on Increasing Luck Surface Area in Business
Video
|
 minutes
Howdy Partners #69: Why Fractional Partner Management with Pat Ferdig
Video
|
22
 minutes
Howdy Partners #60: Navigating Partnerships in 2023 and Planning for 2024 - Will Taylor, Ben Wright
Video
|
22
 minutes
Howdy Partners #57: Managing Chaos in Partnership Programs - Negar Nikaeein
Video
|
 minutes
Howdy Partners #54: Using AI to Drive Partnerships with Jessica Baker
Video
|
 minutes
Howdy Partners #53: Getting Executive Buy in On Partnerships with Josh Baumrind
Video
|
 minutes
Howdy Partners #49: Placing Customers Front and Center Through a Partnerships Lens
Video
|
32
 minutes
Howdy Partners #46: Driving Revenue Together
Video
|
 minutes
Howdy Partners #38: The 80 20 Rule Balancing Revenue & Influence
Video
|
 minutes
Howdy Partners #36: Nearbound
Video
|
21
 minutes
Howdy Partners #33: How to Get the Most Out of Partnership Communities
Video
|
 minutes
Howdy Partners #35: Productive Partner Recruitment
Video
|
 minutes
Howdy Partners #31: The Salesforce Ecosystem: Tech vs. Service Partner Perspectives
Video
|
 minutes
Howdy Partners #29: Developing Examples to Foster Internal Buy In
Video
|
 minutes
Howdy Partners #26: What to Look for in Partnership Talent
Video
|
28
 minutes
How to Organize, Prioritize, and Expand Partnerships
Video
|
49
 minutes
How to Leverage Account Mapping for Revenue Growth
Video
|
18
 minutes
How to Ignite Co-Selling and Collaboration with Reps in Salesforce | Connector Summit 2022
Video
|
 minutes
From Recruitment to Revenue: How to Turn Your Ideal Partner Into ARR
Video
|
 minutes
Friends with Benefits #36: Operationalizing Partner Programs with Aaron Howerton
Video
|
61
 minutes
Friends with Benefits #26 - The Power of Small, Consistent Steps - Justin Zimmerman
Video
|
 minutes
Friends with Benefits #33: Valentine’s Day Special
Video
|
 minutes
Friends with Benefits #24: Building Tasty Partnerships with Grayson Hogard
Video
|
 minutes
Friends with Benefits #22: Building Revenue Generating Partnerships with Cody Sunkel
Video
|
29
 minutes
Foundations of Partner Ecosystems for Efficient Growth
Video
|
 minutes
Friends With Benefits #05: Be Like Messi
Best of Nearbound
The 3 I’s of ELG in action
by
Andrea Vallejo
SHARE THIS

Enough with the theory, this is how the 3 I's of Ecosystem-Led Growth should look like–a real-life example.

by
Andrea Vallejo
SHARE THIS

In this article

Join the movement

Subscribe to ELG Insider to get the latest content delivered to your inbox weekly.

You know that the 3 I’s of Ecosystem-Led Growth (ELG) — intel, influence, intros — are how you’ll win in today’s market. 

You are armed with resources like The Nearbound Sales Blueprint, the perfect pitch to get your C-level on board, and even a deck to explain what ELG is. 

But what do these plays look like in action?

Let’s look at a real-life example of what the 3 I’s of ELG look like on the ground. 

The information you’re about to read isn’t a template we created. It’s taken from a real-life example of how we implement the 3 I’s of ELG. 

*Please note: For confidentiality and trust purposes, we’ve omitted identifying information from the emails. 

Let’s get this train rolling…

Before getting into the weeds of these plays, here are the key concepts you need to remember: 

Ecosystem-led growth is a Go-To-Market strategy that taps into the power of your ecosystem. When you partner with those your buyers already trust, you close more deals faster.

Layer ELG into your inbound and outbound activities to bring partner intel and influence to every step in the customer journey.

ELG unlocks faster revenue growth and helps overcome challenges in partnership, marketing, and sales by using the 3 I plays:  

  • Intel: Any information that your partners and/or partnership technology can provide you about an opportunity. Get the answers to the test from those who know.
  • Influence: Use a relationship to advance to the next step. Surround key moments in the buyer journey.
  • Intros: The holy grail. You are leveraging trust at its highest level with your partner to get you connected with the right people. Tap into trust already built.

 Now that you have the principles in hand, let’s action your ELG strategy.

The full play-by-play

We’re sure this situation has happened to you at least once: 

  • You reached out to your buyer and after a couple of meetings and emails, they just stopped responding without any explanation — most commonly known as ghosting.  
  • The problem is that you don’t know if there’s a budget issue, if they didn’t understand the demo, or if it wasn’t the right timing. There’s no way to get your buyer interested again. 
  • You tried your best to get the conversation back, but after a couple of months, you just accept the fact that isn’t going to happen if you continue with your same outbound and inbound strategies. 

Here’s when the 3 I’s of ELG can help you win back your buyer. 

However, you need to keep in mind that the intel, influence, and intro play don’t have to be directly used to sell but to co-create value with your buyer, and surround them with influence so they can see the value of your relationship, and potentially become a customer. 

Step one: Send your influence play

Whenever you find yourself in the previous situation, you have to get in contact with one of your partners who has your buyer as a customer or partner (they can be in a recent or long-term relationship), and with whom you have an existent good relationship. 

Here’s the catch, don’t ask your partner directly for an introduction for selling (that will only hinder the trust they have already created with your buyer), instead ask for an introduction for co-creating value and offering a way to help them achieve their goals. 

Keep in mind that your partner is helping you get in contact with your buyer, so please, make the ask as easy as possible and create an email template for them to send. 

Here’s how we did this step:  

Step two: Get a confirmation 

This one is easy and there’s not much you can do but wait. 

Just make sure your partner sends your influence email template to your buyer. A simple “done” is more than enough. 

Step three: Follow-up 

If your partner has already shared with you your buyer’s reply, you can skip this step. 

But, if after a couple of weeks, you haven’t received an answer, send a follow-up email to your partner. 

This will also make sure that your influence play isn’t buried in your partner’s inbox. 

A simple, “Did X ever follow up?” might be enough (depending on how close your relationship is with your partner). 

Step four: Check your point of contact’s channels 

The best scenario possible is when your partner gives you the intel before you even ask. 

If that doesn’t happen, it doesn’t hurt anybody if you ask for any other channel they can get in touch with your buyer. It can be a sync call, an event happening soon, or a regular catchup meeting. 

Just like it happened to us. 

Top tip: It can be good for you to know when is that contact with your buyer taking place so you can track and ask for a recap once it happens. 

 Step five: The meeting

Once you know when your partner and your buyer’s meeting is going to take place. Take some time to enable your partner on the value you’re going to deliver to your buyer. 

They need to understand your value enough to be able to properly communicate it in the meeting. 

Remember the objective with the 3 I’s of ELG is not selling at the first instance, but building a relationship with your buyer thanks to the trusty relationship your partner has with them. 

Only after you build a relationship and prove your value, only after that, the selling process can start. 

Once the meeting is taking place, there’s not much you can do, but trust in your partner.

Step six: The intel play 

Once the meeting is over, of course, you’ll want to know what happened. So, if your partner doesn’t send you a recap, make sure you ask for one. 

Leverage your partner to get as much intel as you can from your buyer, their opinion on your sales process, their main struggles, the main point of contact, purchase options, etc. 

This is the intel we got from our play:

Step seven: The intro play 

If you play your cards correctly, you can transform that intel and influence into an intro. In our case, we got an intro to the main decision maker in our buyer’s company, who has been ghosting one of our Sales reps. 

All of this in less than a month. 

 This intro doesn’t mean we can sell to them again, we need to build a relationship with them, gain their trust, and prove to them that our relationship and product are worth it. 

And after implementing the 3 I’s of ELG — we know that it doesn’t happen overnight–this buyer has 53% more chances to become our client, just because someone invited us into the conversation. 

Unlocking sales success: The power of the 3 I’s of an ELG strategy

The 3 I’s of ELG — Intel, Influence, and Intros — offer a strategic approach to re-engage with buyers who have become disengaged or have "ghosted" your outreach efforts. 

By leveraging partner relationships and co-creating value, you can reignite interest, gain valuable insights, and potentially convert these leads into customers. 

This step-by-step approach demonstrates the effectiveness of ELG in not only recovering lost opportunities but also nurturing long-term client relationships for sustained growth.

And it works!

You’ll also be interested in these

Article
|
5
 minutes
Template: Warm intro emails
Article
|
5
 minutes
5 ways to leverage the your partner’s influence and trust
Article
|
5
 minutes
5 ways to leverage ecosystem data