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Amplifying your growth through resellers

Date post: 05-Apr-2017
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Amplify Your Growth Through Resellers Lars Helgeson CEO/Founder, GreenRope 1
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Page 1: Amplifying your growth through resellers

Amplify Your Growth Through Resellers

Lars HelgesonCEO/Founder, GreenRope

1

Page 2: Amplifying your growth through resellers

2

A Little Backstory

2000 - 2011 2011 - 2017+

Page 3: Amplifying your growth through resellers

3

Helping to Define a New Market

Page 4: Amplifying your growth through resellers

4

Other Players

$125M

$74M

$65M $22.7M

$20M

$52.9M$0

Page 5: Amplifying your growth through resellers

5

Advantages of Being A Small Business

Not constrained by investment payback

Product flexibility / responsiveness

Quality of customer service

Family atmosphere

Page 6: Amplifying your growth through resellers

6

Direct vs Reseller

Direct Reseller

Demo

Trial

Account

PPC

SEO

3rd Party Lead Gen

SocialReferral

VAR

Account

Affiliates

Page 7: Amplifying your growth through resellers

7

Does it work?

Medical / Dental195 in 3 years

Logistics9 in 18 months

GreenRope Direct490 in 6 years

Religious / NPO23 in 3 years

Legal32 in 3 years

Page 8: Amplifying your growth through resellers

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35%

65%

Direct

VAR69%

31%

Direct

VAR

Number of Active Accounts Revenue Generated

Page 9: Amplifying your growth through resellers

9

94%

6%

Direct

VAR

Support Man-Hours

VAR: 20 man-hours to support 900 accounts

Direct: 320 man-hours to support 500 accounts

Efficiency increase of 600%

Page 10: Amplifying your growth through resellers

10

ChallengeDifficult to identify good VAR prospects

Strategy

Focus on Agencies and Consultancies

Page 11: Amplifying your growth through resellers

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ChallengeCase for product agnosticism

Strategy

Create brand loyalty & recurring revenue

11

Page 12: Amplifying your growth through resellers

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Challenge

Long lead sale

Strategy

Encourage use of the software directly

1212

Page 13: Amplifying your growth through resellers

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ChallengeDifficult to find qualified business development staff

Strategy

Patience

131313

Page 14: Amplifying your growth through resellers

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Challenge

Educating VAR staff

StrategyCertification program

14141414

Page 15: Amplifying your growth through resellers

15

The VAR Cheat Sheet

1. The product must be designed to VAR from the beginning

2. You must know your VARs and be prepared to insulate their brand

3. Get the VAR to use your product

4. Prepare to spend 10x the time training and supporting your VARs

5. Use automation to streamline sales, marketing, and on-boarding

6. Treat your VARs with abundant support

7. Share your usage and marketing data with your VARs

8. Be careful with exclusives

9. Be prepared to provide a parachute in case of total failure

10. Listen to your VARs and let them help you drive product development

Page 16: Amplifying your growth through resellers

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Amplify Your Growth Through Resellers

Lars HelgesonCEO/Founder, GreenRope

16Thank You


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