Cloud marketplaces like Azure have become crucial platforms for software procurement. With a robust ecosystem comprising over 500K partners, Azure market share reached 24% of the global cloud computing market and their customer base grew by 14.2% from 2023 to 2024.
Establishing a strategic presence on the Azure Marketplace, particularly by utilizing pre-committed cloud spend, is vital for companies aiming to thrive in this competitive environment. Check out the latest successful launch on Azure marketplace.
The synergy between Microsoft Azure Consumption Commitment (MACC) and the Azure Marketplace creates a powerful trio that benefits Microsoft, Independent Software Vendors (ISVs), and customers alike. Here’s how:
Learn more organizations like yours use Microsoft technology to achieve success.
To help you maximize the potential of the Azure Marketplace, we recommend a phased approach, moving from simple setup, adopt marketplace to scale success:
Avoid over-engineering your Azure Marketplace journey. Begin with Suger to quickly go live on the marketplace and kickstart co-selling. As your organization gains more experience selling on the Marketplace, you can gradually scale up your efforts.
Once you're established, begin your product-led growth (PLG) journey. By setting up dedicated landing pages and "Contact Me" pages on Azure Marketplace to engage potential customers directly, driving higher conversion rates.
Enhance user engagement and adoption by providing free trials or demo videos. Provide user friendly onboarding processes to allow players to quickly grasp your product’s features and solutions, increasing their likelihood of making a purchase.
Start with a Minimum Viable Offering (MVO) and use Suger to easily create private offers or plans tailored to specific customers. This personalized approach can drive more deals and deepen customer relationships.
Level 5: Leverage Multiparty Private Offers for Strategic Sales Growth
Utilize multiparty private offers to collaborate with channel partners, customize solutions for high-value customers, and maximize Azure consumption commitments. This strategy allows you to expand your market reach, drive larger transactions, and streamline the sales process, ensuring long-term growth and deeper customer relationships. Check this article to learn how it works.
Are you prepared to turbocharge your go-to-market strategy on Azure Marketplace? Contact us to learn more strategies and roadmaps for establishing a strong market presence and achieving success on Azure Marketplace.