In one sentence:
Co-marketing is a joint marketing effort between a vendor and a partner (or between two partners) designed to reach a shared audience with combined content, events, or campaigns — splitting the work, the cost, and the leads.
Co-marketing is the most common partnership activity that produces zero revenue. Two logos on a webinar deck, 80 attendees, a polite thank-you email, and nothing meaningful in pipeline 90 days later. When co-marketing works, it's because both sides treat the activity as pipeline generation with a defined audience, joint follow-up commitments, and outcome tracking — not because they posted a co-branded blog post and walked away.
Common Co-Marketing Formats
B2B SaaS co-marketing typically takes one of these shapes:
- Joint webinars — Both vendors present to a combined audience. Cheap to produce, easy to measure registrations, hardest to convert to pipeline.
- Co-branded content — Whitepapers, research reports, ebooks, podcast episodes. Promoted by both sides, gated for lead capture.
- Joint case studies — A mutual customer's story featuring both products. Highest-converting asset by far; hardest to source.
- Co-hosted events — Dinners, regional meetups, conference happy hours. Expensive per attendee but high-trust.
- Joint campaigns — Coordinated paid media, outbound sequences, or ABM efforts targeting accounts both vendors care about.
Co-Marketing vs Co-Selling
- Co-marketing — Activity at the top of the funnel. Joint demand generation. Audiences and leads are shared.
- Co-selling — Activity at the bottom of the funnel. Two sales teams working on the same deal. Pipeline and revenue are shared.
Most mature partnerships do both. Co-marketing generates the joint pipeline that co-selling then closes.
The Connection to MDF
Co-marketing activity is the most common use of Market Development Fund (MDF) dollars. A vendor accrues MDF to a reseller based on revenue; the reseller proposes co-marketing activities (events, paid ads, content series); the vendor approves spend; the reseller executes and submits proof of activity for reimbursement.
For non-reseller partnerships (technology alliances especially), co-marketing is typically funded out of each side's general marketing budget rather than MDF, with rough 50/50 cost splits.
Why Most Co-Marketing Underperforms
- Wrong audience overlap — Two vendors with non-overlapping customer bases run a joint webinar. The audience attends one side's; the other side gets nothing.
- No joint follow-up — Webinar ends. Vendor A's team follows up with their attendees, Vendor B's team follows up with theirs. No joint account-level outreach. Pipeline dies.
- Generic content — Whitepaper about "the future of [category]" with no specific point of view from either vendor. Reads like AI slop. No one converts.
- No outcome metric — Co-marketing measured on impressions, not influenced pipeline. Partners can't tell which activities to do more of.
What Good Co-Marketing Looks Like
Three rules for co-marketing that produces pipeline:
- Pick a single shared use case. The content, event, or campaign answers a specific question your overlapping audience asks. Generic doesn't work.
- Commit to joint outbound. Both sides identify 50–100 accounts to target before the activity; both run coordinated outreach for 30 days after.
- Measure influenced pipeline. Tag every account touched by the activity. Report 60- and 90-day pipeline and closed-won attributed to those accounts.
Run co-marketing that produces measurable pipeline
The Elinkages toolkit includes co-marketing campaign templates, account-mapping workflows, and joint pipeline tracking — so co-marketing turns into co-revenue.
See the partner toolkit →Related Terms
Market Development Fund (MDF)
A Market Development Fund (MDF) is money a vendor gives a partner to spend on marketing activities — events, ads, content, lead generation — designed to drive demand for the vendor's product within the partner's customer base.
Co-Selling
Co-selling is a sales motion where two vendors work jointly on the same deal — coordinating account planning, demos, and proposals — so the customer ends up buying both products as part of a connected solution.
Technology Alliance
A technology alliance is a partnership between two software vendors who integrate their products, co-market, and often co-sell to shared customers — without a direct revenue-share or reseller relationship.
Partner Enablement
Partner enablement is the systematic effort vendors make to equip channel partners with the training, content, tools, and certification they need to sell, implement, and support the vendor's product effectively.
Channel Partner
A channel partner is any third-party organization that sells, services, refers, or markets a vendor's products to end customers — operating as part of the vendor's indirect (non-direct) sales motion.