6 Strategies for Success as a UCaaS Reseller
Serving your customers well and nurturing relationships lead to long-term clients and profitability for managed service providers that offer Unified Communications as a Service. To achieve these goals, you also need a high-quality and robust solution from a trusted provider. How can you hit all these points and outperform other UCaaS resellers?
The right strategy for success will allow you to reach your goals. By following it, you can also add value to your customer’s technology stack.
- Reselling UCaaS is a profitable market for MSPs.
- The right solution, model, and margins lay a foundation for success.
- Sustainable support, freedom with branding, and a flexible contract are crucial for resellers to succeed.
In this post, we’ll share those must-have ingredients for success as a UCaaS reseller.
Reasons To Join the Market of UCaaS Resellers
MSPs and other IT consulting companies can position themselves well by becoming UCaaS resellers. The features of such a platform remain in hot demand, and most companies are still hobbling together different pieces—a chat feature here, video calls on another app, and voice over internet protocol on a third platform.
With UCaaS, it’s a turnkey and all-in-one hub. If you present that to your audience, you could see a lot of new business. It’s a segment of software that’s growing tremendously. Its expected growth is a 20.6% compound annual growth rate from 2022 to 2030. The market’s value in 2021 was $47.64 billion.
This segment is expanding, not contracting, as some IT services. To stay competitive and meet customers’ changing needs, UCaaS is a solution you want to offer.
6 Vital Tips for UCaaS Resellers
Finding success requires connecting lots of dots. You’ll need the right partner, control over customer relationships, and the ability to boost your bottom line.
1. Choosing a Quality Solution
There are many elements to discuss regarding becoming a UCaaS provider and growing your business. First, you need to be sure the solution is high-quality, secure, and reliable.
Most UCaaS resellers offer systems that have the same features and connectivity, but not all deliver on those attributes. Test out the solution as a way to gauge its quality, security, reliability, and simplicity.
You should also ask:
- How do you encrypt data?
- Do you meet or exceed compliance with regulations like HIPAA and PCI-DSS?
- What is your uptime service level agreement?
- How else do you get data and information safe on the cloud?
- What are your onboarding process and procedures for educating clients and partners?
If you get answers to these questions that put you at ease, you can be just as confident to offer it to your customers.
2. Finding the Right Reseller Model
First and foremost, you need to ensure the right reseller structure. You want to own the relationship with the client still, so you’re looking for a UCaaS partner, not a purely transactional model.
Owning the customer relationship means you are responsible for billing, bundling, support, and all other elements. In most cases, you can white label the platform or cobrand it. It’s still you and your business serving the customer in every way. You now have a robust UCaaS solution, providing feature-rich options to support your efforts.
3. Setting Your Own Margins
In many offerings to UCaaS resellers, the provider sets the prices with no room for adjustment. That could impact your ability to be competitive or profitable.
The best option is to buy at wholesale from the provider, then charge the cost you choose. It gives you more flexibility around margins, so you can create pricing tiers that offer value to customers while also being a revenue generator for you.
Margins can be tight in any service model. Knowing you have more control over this makes it easier to move forward with a partner.
4. Creating a Sustainable Support System
If you own the relationship, you’re also the help desk for clients in many ways. Managing this aspect can be challenging for UCaaS resellers, depending on bandwidth and platform expertise.
Find a model that gives you support when you need it, so you can better help your customers. Having an on-demand channel to tap into from your provider can boost your support capabilities.
5. Branding Your Way
Being able to white label a product suite can be very effective for building trust with your customers. It illustrates a level of expertise and keeps the focus on your brand.
You also don’t have to be an expert on the software when you have marketing materials and sales assistance from your provider. Those key components give your team an advantage over other UCaaS resellers when you go to market with the solution.
This approach is very attractive to established brands. If you have good recognition in your region, new and existing customers will see this as an upgrade to your solutions.
6. Avoiding Lock-Ins
One concern of many MSPs that are UCaaS resellers is locking into one vendor with no way out if things go poorly. While a single provider offers ease of deployment and organization, it’s normal to be nervous.
You may think there are no options outside of this traditional model. That’s not so; UCaaS partners can allow for a month-to-month agreement.
Such an arrangement allows you to mitigate risks that come with locking into one provider and a long-term contract. It also demonstrates that the vendor is always trying to win your business every month. It enables a reciprocal business partnership where all parties are earning value.
A Partner for Your Success in the Field of UCaaS Resellers
Recent years have seen faster adoption of cloud communications than ever before, and the market shows no signs of slowing. Companies are becoming more aware of how they need to organize communication, conferencing, and collaboration.
You can stand out from other UCaaS resellers with a quality platform and a partnership with a provider that delivers value to all. Discover Intermedia’s Partner Accelerate program to acquire everything you need to grow your cloud business, own your customer relationships, and maximize profits.