| Doing joint venture is deemed to be a tough and impossible thing for some marketers especially those who are new to this business.
In fact, I have heard of a new marketer who succeeded in making a joint venture deal with another great marketer simply with a crappy email for the help www.jointwebventures.com. Therefore it is absolutely possible for anyone to do joint venture with any other marketers if you got the below item done properly
1) You Need an Extraordinary Offer: In order for you to be able to partner with a great marketer, you need to create a deal that benefits him more than yourself. The reason is simple: You need him more than he needs you.
2) Be Creative in Your Approach: Successful marketers are constantly bombarded with joint venture offers everyday. What makes you think that he actually opens every mail in his inbox? Therefore it is very important for you to do something creative and not those usual joint venture emails. Now you understand why the new marketer I mention earlier managed to secure a great deal with his crappy email. (HE IS DIFFERENT!)
3) Build Your Relationship First: If possible, you should try to promote all the products of your targeted joint venture partner. If you did a good job and help him or her make money, the chances are he or she will be more likely to do joint venture with you as most people are more likely to do business with friends than strangers.
4) Try To Make Your Joint Venture Partner Participation Minimal: Most successful marketers are very busy and do not have much time for the help www.joint-venture-guide.com. You need to emphasize that his or her participation is minimal because you will get majority of the work done. (All you need is their lists and reputation)
With all these 4 factors on hand, you can now plan your joint venture marketing and search for the potential partners now.
* The 3 Main Types of Joint Ventures for Internet Marketers Today
When I have looked back and the joint ventures I have been involved in they all stem from three main categories. Everything else is really a combination of 2 or 3 of these.
1. Promotion of your product
You can joint venture with a partner and have them promote your product for a set commission (this is very similar to an affiliate program); you might also promote one of your partners products at a later date.
2. Creation of a new product
You can joint venture with someone and create a whole new web site or product. Many of the most successful marketers to this since two minds are better than one and they can both work on their strong suits.
3. List building
Another popular joint venture is helping one another build each other’s list. You could both simply send an email out to your lists and cross-promote one another. You’d get new people from your partners list and they’d go new people from your list.
The best joint ventures are a combination of all three, brainstorm ways where you can do all three for you joint venture partners and you will find that more of them will want to promote your offers.
Here’s an example of a way you could combine all three.
1. Ask potential joint venture partners to contribute to an ebook – this creates a new product
2. Have them donate a product when someone purchases this ebook – this is the list building element
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3. Have all of the joint venture partners promote – here is your promotion element
If you did that you’d have a product that would be in the hands of many people, you’d earn money and become the expert just by association on that topic. |
