Article
|
3
 minutes
Nearbound Daily #144: Jill Rowley becomes nearbound.com Chief Evangelist
Article
|
3
 minutes
Diving Into the Co-Sell Orchestration Playbook
Video
|
30
 minutes
Howdy Partners #50: Nearbound Motions for Strategic Tech Partners
Video
|
20
 minutes
Friends With Benefits #13: Being Intentional in Work and Life
Article
|
5
 minutes
The 3 I’s of ELG in action
Article
|
6
 minutes
Your partner ecosystem can help you close millions in end-of-quarter opportunities
eBook
The Ultimate Partner Program Guide
eBook
The Nearbound Guide
eBook
The Nearbound Sales Blueprint
Article
|
0
 minutes
Drive Tech Partner Attribution through Productization
Video
|
53
 minutes
Nearbound Podcast #126: Having the Right Conversations with the Right People
Video
|
33
 minutes
Nearbound Marketing #29: 3 Ways to Market with Your Community Members
Video
|
30
 minutes
Howdy Partners #48: First 8 Months as a Channel Account Manager
Article
|
2
 minutes
Nearbound Daily #136: How to get intel from partners
Video
|
48
 minutes
Nearbound Podcast #125: How Partnerships Build Unshakable Brands
Article
|
8
 minutes
How to Talk to Your CEO About the Ecosystem
Article
|
2
 minutes
Nearbound Daily #133: The long way home
Video
|
41
 minutes
Nearbound Marketing #28: 4 Steps to Execute Survey Co-Marketing
Video
|
53
 minutes
Friends With Benefits #12: Leading with Empathy
Article
|
10
 minutes
EcoOps Framework–Understanding the Partner Operations Big Picture
Article
|
4
 minutes
Do You Know Your Public and Private Ecosystems?
Video
|
6
 minutes
Maureen Little: Building Influence to Drive Impact | Supernode 2023
Video
|
31
 minutes
Nearbound Marketing #27: Activating the Hidden Evangelists Within Your Company
Video
|
28
 minutes
Howdy Partners #47: How to Use Intel, Intro, and Influence to Grow Your Pipeline
Video
|
53
 minutes
Friends With Benefits #11: The Benefits of Community
Article
|
8
 minutes
Nearbound marketing: A trust-driven path in the Who Economy
Article
|
1
 minutes
Nearbound Daily #126: B2B SOS
Video
|
49
 minutes
Nearbound Podcast #123: TrustRadius CEO’s Shocking Take on “4.7 Star Syndrome” & Building Trust
Article
|
1
 minutes
Nearbound Daily #124: The 80/20 principle still stands
Article
|
10
 minutes
Mindmatrix: A Deeply Human Approach to an Increasingly Complex World
Video
|
28
 minutes
Howdy Partners #45: The Journey to Partnership Success
Video
|
56
 minutes
Friends With Benefits #10: Trust Isn’t One Dimensional
Article
|
1
 minutes
Nearbound Daily #119: Don't complicate partnerships
Video
|
34
 minutes
Nearbound Marketing #25: Go Past the 1st Date with Marketing Partners
Article
|
2
 minutes
Nearbound Daily #117: Start tracking impact
Video
|
51
 minutes
Friends With Benefits #09: Building Trust and Adding Value in the B2B Landscape
eBook
Better together–Reveal and Reachdesk
Article
|
9
 minutes
Preparing for your nearbound pitch
Article
|
2
 minutes
Nearbound Daily #116: All games get gamed
Video
|
47
 minutes
Nearbound Podcast #121: It’s Math, Not Magic — Why Partner Attach is King
Article
|
6
 minutes
Airmeet Leads the Way on Event-Led Growth via Nearbound
Article
|
1
 minutes
Nearbound Daily #113: It's about more than money
Video
|
33
 minutes
Nearbound Marketing #24: How Partners Made This Event Series More Efficient
Article
|
2
 minutes
Nearbound Daily #112: What's the difference 🤨 channel, partnerships, nearbound
Article
|
7
 minutes
3 Nearbound Use Cases You’ve Never Thought Of
Video
|
27
 minutes
Howdy Partners #44: Setting Up Your Affiliate Program for Success
Video
|
58
 minutes
Friends With Benefits #07: Divorce Avoidance: Your Guide To Healthy Partnerships
Article
|
2
 minutes
Nearbound Daily #110: It isn't rocket science
Video
|
46
 minutes
Nearbound Podcast #120: WTF Is Happening In B2B Sales Right Now?!
Article
|
2
 minutes
Nearbound Daily #109: Authentic intention, the new AI
Article
|
2
 minutes
Nearbound Daily #108: 4 questions to WOW your partners
Video
|
34
 minutes
Nearbound Marketing #23: The 4 Missing Pieces of Your Employee Evangelism Program
Video
|
29
 minutes
Howdy Partners #43: Approaching Strategic Partnerships
Video
|
57
 minutes
Friends with Benefits #35 - Beyond the Microphone: Trust, Values & Engaging Listeners in Podcasting
Article
|
9
 minutes
Nearbound ABM strategy: Winning the attention of high-value accounts
Article
|
3
 minutes
Confessions of a GSI: Here's What GSIs Look for in an ISV Partner
Article
|
2
 minutes
Nearbound Daily #105: It's not about the funnel
Article
|
9
 minutes
How Pigment increased win rates 5-10% with a nearbound overlay & Reveal
Video
|
52
 minutes
Nearbound Podcast #119: The Power of Nearbound
Article
|
1
 minutes
Nearbound Weekend 07/08: What is nearbound?
Video
|
23
 minutes
Howdy Partners #42: Success or Sales? Making Your First Partner Hire
Video
|
48
 minutes
Friends With Benefits #06: If Henry Ford Announced The Model-T Today
Article
|
2
 minutes
Nearbound Daily #099: Nearbound FTW
Article
|
2
 minutes
Nearbound Daily #097: Start giving to new partners
Article
|
1
 minutes
Nearbound Weekend 07/01: Where do you start with partnerships?
Video
|
49
 minutes
Nearbound Marketing #21: Going-To-Market Through Community
Article
|
2
 minutes
Nearbound Daily #095: Let's demystify nearbound
Video
|
24
 minutes
Howdy Partners #41: Key Tips for Leveraging Influencers
Video
|
53
 minutes
Friends With Benefits #04: Everybody Wins If The Customer Succeeds
Article
|
2
 minutes
Nearbound Daily #094: Gain intel, intros, and influence
Article
|
2
 minutes
Nearbound Daily #093: Don't underestimate the fun factor
Video
|
41
 minutes
Nearbound Podcast #117: Channel, Nearbound, and Platform
Article
|
2
 minutes
Nearbound Daily #092: Never go solo
Article
|
9
 minutes
Head of Ecosystems and Partnerships: Driving Business Transformation and Core Outcomes
Article
|
5
 minutes
Hit the ground running in tech partnerships (plus: a 30-60-90 template for new hires)
Article
|
2
 minutes
Nearbound Daily #091: Try this partnerships hack
Article
|
1
 minutes
Nearbound Weekend 06/24: The early mover advantage
Video
|
31
 minutes
Nearbound Marketing #20: 3 Ways to Market with Creators in Your Niche
Article
|
180
 minutes
Nearbound Daily #090: A path to the promised land
Video
|
26
 minutes
Howdy Partners #40: Strengthening The Foundation
Article
|
4
 minutes
Prerequisites for Monetizing B2B SaaS Tech Partnerships
Article
|
3
 minutes
Nearbound Daily #088: Make partnerships stupid simple
Article
|
6
 minutes
How to Communicate Effectively With Your Sales Team About Partnerships
Video
|
43
 minutes
Nearbound Marketing #19: The Relationship Focus Most Marketers Are Missing
Video
|
52
 minutes
Friends With Benefits #03:Think Different
Article
|
6
 minutes
Just Because It’s Partnership Tech Doesn’t Mean It’s a PRM
Article
|
27
 minutes
Howdy Partners #4: Partner Recruitment
Article
|
3
 minutes
Nearbound Daily #083: A bigger magnet won't cut it
Video
|
45
 minutes
Nearbound Podcast #115: From Go-To-Market To Go-To-Network
Article
|
2
 minutes
Nearbound Daily #081: The promise of partnership automation
Video
|
44
 minutes
Neabound Marketing #29: The 5 Phases of Nearbound Marketing (& Why You Need to Start Now)
Article
|
2
 minutes
Nearbound Daily #079: Steal this nearbound partner play
Article
|
35
 minutes
Forrester Predicts Ecosystem to Replace Channel and More
Video
|
61
 minutes
Nearbound Podcast #114: Increase Partner Engagement & Grow Partner Pipeline by 26%
Article
|
2
 minutes
Nearbound Daily #077: Buy-in guaranteed
Article
|
6
 minutes
How Gainsight leverages partner ecosystems to supercharge customer success
Article
|
1
 minutes
Nearbound Weekend 06/03: The promise of partnerships
Video
|
44
 minutes
Nearbound Marketing #17: Forget Employee Advocacy (Do This Instead)
Article
|
2
 minutes
Nearbound Daily #075: Trust is the only way
Video
|
11
 minutes
Best Practices for Sourcing Ecosystem Qualified Leads | Connector Summit 2022
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