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Partner collaboration

Partner collaboration

Noun

Partner collaboration is the process of two or more entities working together to achieve a shared business goal. It involves bringing together resources, sharing knowledge and creating a win-win situation for all involved.

Effective partner collaboration takes strategy and hard work on each partner's side. Through partner collaboration, channel partners can work towards many goals beyond just revenue growth. Partner collaboration can centre around increasing brand awareness, improving customer satisfaction and retention, and more.

Example:

As an effective partner collaboration strategy, a partnership leader may send leads they have not yet actioned on to their channel partners to pursue. Through this, they're able to build trust and inspire future collaboration efforts.

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