We’re exploring something we haven’t done before—actually building a new service offering with a partner instead of just outsourcing or referral arrangements.
Specifically, we’re thinking about creating a joint US-focused influencer marketing service. Neither of us would launch it solo because the market entry and client acquisition costs are too high. But together, with shared infrastructure and shared client success, it might actually make sense.
The thing is, I have no idea what that looks like operationally. Do you split everything 50/50? Do you hire dedicated people? Do you keep your existing staff and just allocate time? How do you actually develop a service offering when you’re not just one entity?
I’m also wondering: when you co-develop something, how do you make sure the quality is consistent? What happens if one partner drops the ball? How do you handle disagreements on strategy or approach?
Has anyone actually done this—genuinely co-developed a service with a partner org? What would you do differently if you did it again?