Working in Partnership: The Benefits of Business Alliances
At Totalmobile, we’ve been successfully operating in the Field Service Management sector since 1985. Our growth has been both organic and through acquisitions, and up until recently, much of that growth has been driven through our direct sales channels.
However, as the industry grows, we, like many other specialist software solution providers, are discovering the vast opportunities that strategic alliances can bring. These partnerships not only open new doors for us but also provide our partners with innovative solutions that enhance their offerings.
So, what makes partnering so valuable?
It’s natural to have concerns when entering into alliances. Some might think partnerships will erode our margins, allow third parties to dip into our services revenue, or pressure our product roadmap with bespoke development requests. Others may worry about losing control of the customer's relationship with another sales team in the mix.
While these are valid concerns, the benefits of successful partnerships far outweigh the risks. Below, we’ve outlined some of the key advantages we’ve experienced through strategic alliances:
1. Access to New Markets and Opportunities
The more partners we collaborate with, the greater our access to their markets. Often, these are markets we haven’t been able to penetrate through direct sales alone.
Strategic partners introduce us to larger, long-term opportunities, where we can apply a broader range of our solutions to address key business challenges.
These alternative routes to market allow us to scale our reach more effectively.
2. Expanded Skill Set to Better Serve Customers
Partners bring specialised skills—skills that we may not have in-house or would be costly to develop.
While some partners focus on referring or reselling our software (a vital role in the ecosystem), others seek to independently deliver added value services to their clients using our solutions.
These partnerships enable us to broaden our portfolio and develop solutions that better meet the needs of specific markets.
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3. Larger Sales Teams Promoting Mutually Beneficial Solutions
A partner’s sales team effectively becomes an extension of our own. If they’re selling our solutions, they’re aligned with our goals, and we work hard to equip them with all the tools and support they need to succeed.
This is a two-way street, of course.
For a true partnership, we must also be willing to promote our partner’s solutions with the same enthusiasm, rather than waiting for deals to come our way.
4. Enhanced Reputation in Existing and New Markets
Choosing the right partner with a strong reputation is key to successful alliances. Associating with industry-leading organisations helps enhance our own credibility.
When our solutions add value to our partner's offering, we bolster not just their reputation, but ours as well.
Partnering with respected global brands allows us to align with transformational change and market leadership.
5. Faster Access to International Markets
For an organisation like Totalmobile, partnering with established companies in international markets is a fast way to build a pipeline and grow our presence abroad.
A local partner’s knowledge and network can facilitate conversations and open doors that would be difficult to achieve on our own without an in-market team.
In Summary
Collaboration through strategic partnerships is crucial for organisations like Totalmobile to accelerate growth, expand into new verticals, and enter international markets. Partnerships extend our reach, amplify our sales efforts, and strengthen our reputation. The key to successful alliances lies in identifying the right partner—one that is equally invested in our success, shares a collaborative mindset, and sees our solutions as complementary to their own. When these factors align, partnering becomes not just a viable option, but a valuable and lucrative one for both parties.