Unleash the Power of Partnerships to Skyrocket Your Business!

4 Jun 2012 · 6 min
5:36

In this Ask Evan episode, Evan Carmichael answers a Facebook reader’s question about how to market a hot‑wings brand through partnerships. He explains that the most efficient way to reach new customers is to partner with businesses or organizations that already serve the target audience before they decide to buy wings. He gives concrete examples—partnering with Little League teams, office buildings, or companies that can distribute flyers—to capture customers at the pre‑purchase stage. Carmichael then outlines three primary partnership structures: (1) cross‑promotion with no money changing hands, (2) commission‑based deals, emphasizing the concept of a “margin to motivate” and the use of front‑loaded commissions for repeat‑purchase models, and (3) discount or coupon incentives for the partner’s audience. He illustrates the commission model with a case study from his first software company, which expanded internationally by giving local sellers commissions for leads. Throughout, he stresses tailoring the commission rate to the business’s margins and the importance of aligning incentives. The video concludes with a call to action for viewers to like, comment, and suggest future partnership questions.

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