Strategic partnerships for subscription apps: 6 tips for successful collaborations
Blog post from RevenueCat
Strategic partnerships can significantly enhance the reach, credibility, and value of subscription apps by collaborating with various entities such as businesses, influencers, platforms, or non-profit organizations. Wavve Boating and Ladder exemplify how effective partnerships can drive user acquisition and growth, with Wavve Boating leveraging public relations to forge key collaborations and Ladder utilizing micro-influencers for targeted audience engagement. These partnerships, whether through shared objectives, complementary strengths, or cross-promotion, must be meticulously planned and executed to ensure mutual benefits and long-term value creation. Moreover, strategic partnerships can increase the value of premium subscription tiers, as seen with onX and Surfline, and manage affiliate links using tools like Stripe for flexibility and cost savings. Treating tooling providers as strategic partners, as demonstrated by TalkingParents, can prevent scaling issues and ensure efficient operations. Overall, strategic partnerships, when creatively and responsibly managed, can build credibility, drive growth, and enhance user value.