After diligent research, I present the best partner marketing software of 2023, designed for collaborative co-marketing brilliance. Navigate partnership marketing with these top picks.
Partner marketing software is a digital tool designed to help businesses create, manage, and optimize marketing partnerships and collaborations, streamlining communication and performance tracking with partners such as affiliates, influencers, and other promotional entities.
The cost of partner marketing software can vary depending on the specific features and capabilities of the platform, as well as the size of the company and the number of users. For the most part, you can expect to pay anywhere between $50/month up to $1,200/month for partner marketing software.
Partner marketing can be a valuable strategy for many businesses, but whether or not you need software for it depends on the size and complexity of your partner program, as well as your overall marketing goals. If you have a small number of partners and simple marketing campaigns, you may be able to manage your partner program using basic tools like spreadsheets and email. However, as your program grows and becomes more complex, software can help automate and streamline many of the tasks involved in partner marketing, such as tracking leads, managing commissions, and analyzing performance. Partner marketing software can also provide a centralized platform for managing and communicating with partners, as well as a way to track and measure the performance of your campaigns.
Partner marketing software can be used to manage various aspects of a company's partnership marketing efforts, including: Media buying: The software can be used to manage and track different media buying channels, such as paid search, display advertising, and social media advertising. Webinars: The software can be used to schedule, promote, and run webinars with partners, including tracking registration and attendance. Influencer marketing: The software can be used to identify and target influencers, track performance, and measure the success of influencer marketing campaigns. Partner management: The software can be used to manage partnerships, including tracking metrics such as revenue, conversion rates, and customer acquisition costs. Lead generation: The software can be used to track leads generated by partners, and even assign them to the appropriate sales representative. Co-branding: The software can be used to manage, track and optimize co-branding campaigns and materials. Affiliate Marketing: The software can be used to manage, track and optimize affiliate marketing campaigns, assign commissions and track commissions earned by affiliates.
Partner marketing software can be used by a variety of roles within a company, including: VP of Partnerships: The VP of Partnerships can use the software to manage and track partnerships, set goals and objectives, and measure the overall performance of the partnership program. Affiliate Manager: An affiliate manager can use the software to manage and track affiliate relationships, assign commissions, and measure the performance of affiliate campaigns. Influencer Manager: An influencer manager can use the software to identify and target influencers, track performance, and measure the success of influencer marketing campaigns. Partner Manager: A partner manager can use the software to manage and track partnerships, set goals and objectives, and measure the overall performance of the partnership program. Channel Manager: A channel manager can use the software to manage and track different sales channels, including partners, resellers, and distributors. Marketing Manager: A marketing manager can use the software to launch and track webinars, track leads generated by partners, and measure the success of co-branding campaigns. Sales representative: Sales representatives can use the software to track leads generated by partners and manage their follow-up processes. CEO/COO: CEO/COO can use the software to track the overall performance of the partnership program and make strategic decisions.
Here are quite a few advantages of leveraging partner marketing software for your business: Automation: Partner marketing software can automate many of the manual tasks associated with partnership management, such as tracking leads, assigning commissions, and monitoring performance metrics. Data-Driven Insights: Partner marketing software can provide companies with valuable data-driven insights, such as which partnerships are most profitable, which campaigns are most effective, and where to allocate resources for maximum impact. Improved Collaboration: Partner marketing software can facilitate communication and collaboration between teams and partners, by providing a central location for all partnership-related information. Scalability: Partner marketing software can help companies scale their partnership programs by streamlining processes, automating tasks and tracking performance, which can help companies to expand their reach and grow their customer base. Increased Efficiency: Partner marketing software can help companies increase their efficiency by providing them with a centralized platform for managing partnerships, tracking progress, and measuring performance. This can help companies to focus on their core business activities and achieve their goals more effectively.
With over 7 years navigating the intricate realms of marketing, and specifically B2B partner marketing, Nick has forged collaborations with top-tier tech brands, prominent agencies, and some of the industry's foremost B2B publishers and content creators. His deep immersion in both marketing landscapes showcases a trajectory of expertise and innovation. Identifying a significant void in specialized resources, he founded Growann.
The aspiration? Deliver unparalleled insights and guidance, carving out a dedicated space where the broader marketing and B2B partner marketing communities can flourish.