Live data from Hacker News

Ask HN: Tips/secrets for partnering with large businesses?

news.ycombinator.com

21–30 of 32 posts

Re: Ask HN: Tips/secrets for partnering with large businesses?

#21
post #9

Start your pitch to the producers not the management. If you're pitching a hospital talk to the doctors/nurses. Bankers for a bank, and associates for a law firm. Don't ask for management or the person in charge. I've dealt with a lot of organizations at a high level. Trying to jump in line and go straight for the CEO will get you lost in the noise. The bosses are already bombarded with requests promising everything.…

Take this advice ! The people that are actually suffering from the problems your business solves are (usually) not managers, CEO, or anyone at the top. It is the people in the middle or bottom. They are usually also so happy to have something that solves their problems, that they will act as an internal champion for you during the sales process. It's cliche, but Art of the Start http://www.guykawasaki.com/the-art-of-…

Internal champions are an absolute must-have!

Re: Ask HN: Tips/secrets for partnering with large businesses?

#22

At Topguest, we’ve signed many deals with big companies such as Hilton Worldwide, IHG, Virgin America, Wyndham, and others despite being in business under a year and not having prior experience in our industry. First, before you even start trying to get a meeting, these 2 things must both be true: • You have a strong hypothesis of what Company X’s specific pain point is, informed by research • If your hypothesis is r…

Thanks for detailing out your approach! I wonder how many times you zigged when you should have zagged to get to this point of clarity...

Re: Ask HN: Tips/secrets for partnering with large businesses?

#23

At Topguest, we’ve signed many deals with big companies such as Hilton Worldwide, IHG, Virgin America, Wyndham, and others despite being in business under a year and not having prior experience in our industry. First, before you even start trying to get a meeting, these 2 things must both be true: • You have a strong hypothesis of what Company X’s specific pain point is, informed by research • If your hypothesis is r…

This is a really great post. Have you considered posting this as a blog post and submitting it?

Re: Ask HN: Tips/secrets for partnering with large businesses?

#25

At Topguest, we’ve signed many deals with big companies such as Hilton Worldwide, IHG, Virgin America, Wyndham, and others despite being in business under a year and not having prior experience in our industry. First, before you even start trying to get a meeting, these 2 things must both be true: • You have a strong hypothesis of what Company X’s specific pain point is, informed by research • If your hypothesis is r…

great post man. Please turn it into a blog post.

Re: Ask HN: Tips/secrets for partnering with large businesses?

#26
post #9

Start your pitch to the producers not the management. If you're pitching a hospital talk to the doctors/nurses. Bankers for a bank, and associates for a law firm. Don't ask for management or the person in charge. I've dealt with a lot of organizations at a high level. Trying to jump in line and go straight for the CEO will get you lost in the noise. The bosses are already bombarded with requests promising everything.…

Be careful with this tactic. It is easy to have all your time sucked away by people who are easier to reach and convince because they have no influence. Expect to have a high level of non-producers but if a couple work out well you are in good shape.

I often go straight to the C level. Even if it is to get blown off and have them tell me, "John Doe handles that for me." I then talk to John Doe and say, "Hey, Mr. CEO told me to talk to you about..." They listen, but show value quickly before they realize the CEO just handed you off to them.

Re: Ask HN: Tips/secrets for partnering with large businesses?

#27
post #23

At Topguest, we’ve signed many deals with big companies such as Hilton Worldwide, IHG, Virgin America, Wyndham, and others despite being in business under a year and not having prior experience in our industry. First, before you even start trying to get a meeting, these 2 things must both be true: • You have a strong hypothesis of what Company X’s specific pain point is, informed by research • If your hypothesis is r…

This is a really great post. Have you considered posting this as a blog post and submitting it?

Thanks for the suggestion; working on a post now!

Re: Ask HN: Tips/secrets for partnering with large businesses?

#28
post #23

Earlier quoted context omitted.

This is a really great post. Have you considered posting this as a blog post and submitting it?

Thanks for the suggestion; working on a post now!

Awesome, can't wait to read it!

Re: Ask HN: Tips/secrets for partnering with large businesses?

#29

At Topguest, we’ve signed many deals with big companies such as Hilton Worldwide, IHG, Virgin America, Wyndham, and others despite being in business under a year and not having prior experience in our industry. First, before you even start trying to get a meeting, these 2 things must both be true: • You have a strong hypothesis of what Company X’s specific pain point is, informed by research • If your hypothesis is r…

Great information Geoff thanks so much for posting this. Out of curiosity, is this the approach that you took to secure each of the partnerships that you have with the large companies? What was your success/fail rate like before you finally had some biters?

When we first started, I used this approach to contact execs at about 7 of the largest loyalty programs in the world. Of those 7, 4 are now Topguest clients. The lead times from initial contact to live integration have ranged from 3-8 months (patience and structural ability for the company to deal with long lead times is really key with enterprise sales)

Re: Ask HN: Tips/secrets for partnering with large businesses?

#30
post #22

At Topguest, we’ve signed many deals with big companies such as Hilton Worldwide, IHG, Virgin America, Wyndham, and others despite being in business under a year and not having prior experience in our industry. First, before you even start trying to get a meeting, these 2 things must both be true: • You have a strong hypothesis of what Company X’s specific pain point is, informed by research • If your hypothesis is r…

Thanks for detailing out your approach! I wonder how many times you zigged when you should have zagged to get to this point of clarity...

There was lots and lots of zigging... still is :-)
Post reply on HN