TIMIFY is an appointment scheduling and resource management software for teams and enterprises
As we approached TIMIFY's 10th anniversary in 2022, we were determined to take our business to the next level. With a focus on expanding our markets and diversifying our revenue streams, we began to explore new opportunities for growth. After careful consideration, we came to the realization that launching a Partner Program was the ideal solution for reaching our ambitious goals.
We are happy to be joined by Patrick Dafe, the head of the TIMIFY Partner Program. He will share his personal background and experiences, as well as provide valuable insights and advice for other SaaS companies looking to optimize or launch their own partner programs. Join us as Patrick shares his expertise and helps us understand what it is needed to launch a successful program, as well as sharing some insight about our own program.
_______________Patrick: I have a passion for sales. Over the past 17 years, I've honed my skills in customer relations, sales, and working with partners. I started my career working for corporations for 10 years, but was drawn to the energy of the Munich startup scene. I've been involved with startups at different growth stages for the past 7 years, building departments from the ground up and helping to scale them. These experiences prepared me well for my role as Head of Partnerships at TIMIFY. I'm grateful to the TIMIFY management team for giving me this opportunity.
Patrick: We work to enhance each other’s performances, for instance, we have been able to support the sales team giving them more information and leads that they otherwise would have. We've also worked closely with the product team by sharing important data to help them develop new features and improve existing ones, thereby increasing our competitiveness and meeting market demands. And our IT department by assisting them to find integration partners to enhance their capabilities.
_______________Patrick: On a company level, it is crucial to have a strategic plan in place. This plan should clearly outline the roles, goals, and responsibilities of each department. Secondly, having a digital tool, not too many, but the right ones, to track leads and determine the best approach can also help prevent conflicts. But most importantly, effective communication and a team-oriented mindset are key.
_______________Patrick: To successfully run a partner program, a company must have the capacity and the necessary resources to effectively recruit and manage their partners. This includes providing ongoing training and support to help partners succeed, whether it's through sales support or technical assistance.
_______________Patrick: Absolutely! Digitalization is becoming a priority for businesses, and they are allocating more budget towards it. Launching a partner program can be a great way to expand your reach without having to dramatically increase your internal budget. Many companies that I started a partner program in the past are now benefiting from a positive return on investment.
Before making any commitments, it's crucial to have a market-ready product, analyze the market thoroughly, and create a well-thought-out plan and strategy. In our experience, it took about 8 months to conduct a thorough analysis and develop a solid strategy before launching our own partner program.
_______________Patrick: Before implementation, there were several important considerations we needed to take into account. This included determining our ideal partner profile, identifying our target market, ensuring we met all necessary legal requirements, and creating the necessary documents. We also worked with a consulting firm in the early stages to develop a strategic approach for the program. They provided valuable support and helped us establish a solid foundation for the program.
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Patrick: We are seeking to collaborate with established companies in the digitalization industry or software suppliers, that operate in regions where our presence is either minimal or non-existent. Our ideal partners are experts in their field and are interested in building a long-term relationship with us. They should also have a solid reputation and a proven track record of success.
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Patrick: Absolutely! Our channel partners have a great opportunity to increase their revenue by reselling our product or by expanding their portfolio with a top-of-the-line appointment booking solution. Additionally, our tech partners can take advantage of our robust development platform to easily create and launch custom applications for our marketplace. On top of these benefits, we have also designed an extremely attractive incentive plan to reward and recognize the efforts of our partners.
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Patrick: Of course! Currently, we are highly focused on connecting with companies in the retail and financial sector. We believe that these industries have great potential for growth and collaboration. In terms of regions, in the short term our program has been running we have spotted a great potential in East Europe, Hong Kong and China, and we're also seeing a lot of promise in South America. These regions are our immediate focus, but we're always on the lookout for new opportunities to expand our reach.
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Patrick: I believe it's because of our reliability, scalability, and compliance. Our partners' customers are enterprises looking for trustworthy providers with proven experience in handling complex scheduling processes and customer journeys. We have been able to meet these requirements and that's why they have decided to work with us.
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Patrick: easily, just book an appointment with me using my personal TIMIFY booking link https://tmfy.io/863108e or visit our website here.
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TIMIFY is a global leader in scheduling and resource management software-as-a-service (Saas). It is known for its sophisticated, secure, and customisable enterprise-focused technology.