One of the quickest ways to build a profitable software company or earn technology-driven monthly recurring revenue is to find a reliable and robust white-label platform. This allows you to brand and customize a pre-built software solution as your own — which saves significant time, money, and resources. It’s critical to recognize that the white-label platform you choose will have a major impact on your ability to attract and retain customers, so it’s important to carefully evaluate your options.
After white-labeling our industry-leading customer loyalty and text marketing software, we believe that part of our role is to help entrepreneurs and sales professionals make the best possible decision about which platform to pick. In this article, we’ll highlight some helpful advice for evaluating your options and choosing the best white-label software platform.
3 Keys to Researching White-Label Software Platform
When it comes to selecting the best white-label software platform, it’s important to do your research. Here are a few important steps to consider:
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- Start by identifying white-label platforms for industries or areas that interest you.
Find a platform that solves a problem for an industry or niche that you already know well. You want to believe in the product you’re selling. When you’re genuinely interested in the subject matter, your conversations with potential clients become more engaging, and your excitement is contagious. When you’re genuinely passionate about the products you sell and the industry you’re a part of, your job ceases to be just a means to an end. Instead, it becomes an avenue for personal fulfillment and growth.
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- Seek out platforms with a wide range of features and support.
Once you’ve identified some possible white-label opportunities of interest, the next step is to evaluate the specific features and functionality of each platform. Platforms that offer a wide range of features can provide greater flexibility to meet the specific needs of your business. Flexibility and customization options are also an indicator that the platform is adaptable and scalable, which is important for long-term growth.
You should also look for a platform that offers ongoing training and support. This will ensure that you are able to get the most out of the platform. It also shows that the platform provider is committed to your success.
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- Choose a white-label provider that offers a proven sales strategy to gain customers.
A great white-label software platform is more than just a technical product. It’s also a sales engine that can help you acquire new customers and grow your business. When evaluating potential partners, look for platforms with a proven sales track record. A documented history of success means they have a clear understanding of the market, a well-defined sales process, and a team of experienced salespeople who can offer tips and best practices for building your book of business.
This not only reduces the uncertainty of launching the platform, it also provides a path to generate results.
7 Questions to Evaluate a White-Label Software Platform
As you research each platform or speak with white-label representatives, here are a few helpful questions to ask:
1. What industries/niches have successfully used your white-label solution? This will help you gauge the software’s versatility and potential fit for your target market.
2.How many customers are using the platform? Rather than evaluating the number of white-label partners, you want to know if the software has a proven track record with the end user.
3. What is the customer attrition rate? Low customer attrition ensures a stable and predictable revenue stream. The best software companies create stickiness with their customers.
4. Can you provide customer case studies or success stories? This information can offer insights into the potential benefits of the platform for the prospects you will sell it to.
5. What ongoing technical support is available? Prompt and reliable support can significantly impact your ability to provide a seamless experience to your customers.
6. What marketing and sales support do you provide? A partner that provides robust marketing resources can give you a competitive edge.
7. Can I speak with current white-label partners? Their firsthand experiences and insights can provide valuable perspectives on the partnership and its benefits.
Of course, there might be additional questions to add to this list, but this will offer a wide-ranging perspective on the white-label provider’s commitment to your success.
Explore textLIVING’s White-Label Software Platform
When selecting a white-label company, you want to make sure they have reached the kind of success you want to achieve.
At textLIVING, our goal is to help you build a successful white-label business. Our software has helped 10,000+ businesses generate hundreds of millions of dollars in revenue. We also offer some of the most comprehensive training and support in the white-label industry.
Learn more about our white-label partnership opportunities or schedule a demo with one of our team members today.