5 Easy Steps to Monetize your Teams App and Get Ready for Microsoft FY25

If you've already published a Teams app alongside a SaaS offering but haven't monetized it, this post is for you.

There's a HUGE opportunity currently on the table for Microsoft Teams publishers that make their app transactable - $10k in rewards PLUS the ability to get ahead of the Copilot wave coming up in FY25.

But it's only available until June 30th, 2024, so if you've found this post and made it this far, keep going...you're just a few steps away!

For a personalized walk-through, reach out to [email protected] and mention this article.

The Opportunity

Link your SaaS app and transact $10k for $10,000 in rewards

Microsoft is offering a significant $10,000 incentive for monetizing your Teams app by linking it with a transactable SaaS offer and driving $10,000 in transactions through the marketplace. The benefits? An increase in deal numbers by up to 300%, deal sizes by up to 650%, and accelerated deal closures by up to 76% (according to the Forrester Total Economic Impact report).

Innovate with AI: once you've linked, you can extend your app to Microsoft Copilot

The future of enterprise software is deeply intertwined with AI. The Forrester report estimates a staggering 83% of enterprise decision-makers are planning to increase their AI expenditure this year. Why not be at the forefront of this shift? By integrating AI capabilities, such as Microsoft Copilot, into your Teams app, you can offer more sophisticated and dynamic tools to your users, enhancing productivity and decision-making within Teams.

Five-step process to monetizing your Teams app

01 - Create a free Teams app

The first step is to publish your app in App Source. We assume if you're reading this, you've already completed this step. Need help? Here's a guide to get started.

02 - Integrate with SaaS fulfillment APIs

Integration with these APIs by publishers is required to allow subscription lifecycle to be managed by marketplace. While this is one of the most resource-intensive steps for ISVs during the process, it is well documented online and few ISVs encounter problems.

What's needed? First, create & publish a landing page for initial app subscription configuration & assignment. Then, create & publish a webhook to handle subsequent marketplace requests to provision, update and cancel subscriptions.

03 - Create Transactable SaaS offer

A transactable SaaS offer is necessary for customers to purchase apps through Microsoft’s commercial marketplace. List and configure your SaaS offer through Partner Center.

Need help? Reach out to [email protected] and we'll guide you through the steps.

04 - Link SaaS offer to Teams app

This linkage is one of the most critical steps. It’s not hard. There are two ways to do this: via Teams Developer Portal or manually. It's recommended to use Teams Developer Portal to minimize human error.

Need help? Reach out to [email protected] and we'll guide you through the steps.

05 - Submit for validation & publication

Once you've completed the link, submit your monetized app for validation. This is the exact same process as submitting a non-monetized app and can take 2-3 business days to complete publishing.

?Carve is here to help

Teams publishers can get 1:1 coaching and guidance from Carve Partners up until the end of June by reaching out to [email protected] or commenting down below.

What's Next: Extend your app to Copilot

The real game changer is your ability to extend your app to Copilot by creating a Microsoft 365 Copilot plugin. When you extend your Teams apps to Copilot for Microsoft 365 Plugins, you’re tapping into the future of AI-driven productivity.

Make sure you're prepared for the copilot opportunity in FY25 by completing the 5 steps above.

Hands-on coaching at no cost to you: book a session with Carve today

Ready to take action? Click here to book a 15min discovery session with Carve today! Workshops are available at no cost to you.

We're excited to help you transform your Teams App and build momentum into FY25!

Note: This offer is only available until the end of June 2024.