Frictionless Renewals for Companions with Cisco Lifecycle Benefit
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I lead the Cisco Digital Expertise accomplice go-to-market for the Americas. One in every of our roles is to offer our companions with the instruments they should extra efficiently have interaction our mutual clients all through the product lifecycle: from buy to renewals. The principle instrument in our arsenal is Lifecycle Benefit, which serves up digital content material that companions use to interact their clients in a extra automated manner.
This functionality is particularly necessary relating to serving to companions shut renewals. For a lot of companions, the renewal enterprise will be notably tough to scale. That is very true with smaller clients, as many companions merely don’t have the individuals to manually sustain with each buyer’s renewal alternative.
With Lifecycle Benefit, Cisco robotically sends out co-branded accomplice notifications, informing clients of contracts and providers which can be expiring. Companions add in their very own value quotes. Together with these notifications, Cisco additionally robotically sends advisable choices primarily based on clients’ transaction historical past, serving to companions to additionally upsell extra enterprise.
Cisco sends these notifications out on behalf of our companions, because it’s Cisco’s view that the accomplice owns the account—sustaining the contractual and business relationship with the shopper. When the renewal happens, the accomplice receives full credit score for promoting the renewal. Many different distributors bypass the accomplice and work together instantly with the shopper, in the end treating the accomplice extra like an agent to justify a a lot smaller referral charge.
Automating eCommerce workflow with Commerce Automation eStorefronts
Beforehand, when it got here time for the shopper to buy the renewal, the one choice was to basically request to buy by clicking a button saying one thing like “notify accomplice to order”. In different phrases, the fee step of the general renewal workflow was nonetheless guide.
This all modified with Cisco’s launch of Commerce Automation eStorefronts, which is offered to all Cisco companions as a part of Lifecycle Benefit. Clients can now merely pay for the renewal—as an illustration, with a bank card—with none guide interplay with the accomplice.
If the accomplice has an eCommerce system, then the Commerce Automation eStorefront can join via open APIs. For companions with out an eCommerce system, Cisco has labored with a third-party vendor to deliver companions a low-cost eCommerce system that solely takes a couple of days to arrange.
Irrespective of which choice companions select, no cash is exchanged via Cisco. Cisco can be not charging companions a charge to take part with Commerce Automation, nor any share of the transaction. And if the shopper has a query, Cisco supplies free, first-line help.
Lifting the operational burden
As a partner-first firm, Cisco is dedicated to our companions’ success. With this motivation in thoughts, Lifecycle Benefit with Commerce Automation lifts an enormous operational burden off our companions’ shoulders relating to promoting and shutting renewals.
All Cisco companions are welcome to discover the way to enhance their productiveness and improve bandwidth to dedicate to promoting. I encourage you to study extra about Lifecycle Benefit and Commerce Automation.
Join and collaborate with Cisco consultants and friends within the Lifecycle Benefit Accomplice Group.
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