Monday, December 5, 2011

How to Joint Venture and Qualify a Strategic Alliance Partner


Joint venture marketing is perhaps one of the most lucrative marketing strategies you can use immediately to build relationships, share knowledge, consolidate resources and make money. Use of a proper strategy, in conjunction with project management skills is a potent formula that, when done correctly, will help you accelerate growth as opposed to trying to do things on your own.

Essentially, in a JV Plan your company resources are consolidated with another (or multiple) companies by where "through consolidation of resources" all parties have a chance to share in the benefits derived from the venture. As was stated earlier, we have found joint ventures to be one of the most overlooked and under utilized marketing strategies you can use, regardless of business type. .

For example, your business may have a wonderful product or service, but is lacking access to the proper audience (or an email list) that would benefit enormously, from your product or service. So, it behooves you to understand just how important joint ventures are. A likely joint venture partner would have a client list that gives you access to new client who buy you product the list owner.

Together, the consolidation of resources are galvanized to achieve strategic goals and objectives for all participating partners. That being said, there is more to joint venture marketing than simply Googling potential business partners who claim to have just the contact list you are lacking. Consider the building blocks of the business relationship with your potential joint venture partners.

Sending a letter of intent to a potential JV partner found solely on the Internet, without any personal interaction, could actually work against you.The Internet is full of scams looking for great products to steal from unwary "business partners."

Do the following: First, learn from people who have your best interest in mind without taking an initial big risk. Please know, that's not to say that personal and business relationships can't be built over the Web. You can join forums where other members know about potential business partners in the joint venture space.

Sometimes, these exact same people will even seek out peers to find partners for you. We do that too. The fact is your peers (and people within your business circle) are an excellent source to inquire about a potential joint venture partners. After all, a business peer is usually someone you can trust. Trust is essential to any joint venture.

Once you find a partner who has the right contacts for you to market your business, you will find that you are consolidating knowledge as your business relationship grows. Your marketing expertise will grow exponentially and you will be able to laser-beam in on the precise market(s) that want and need your products and services.

On the flip side, your business may possess invaluable knowledge that could be used by another firm that would benefit from your contacts. So, know it's a two-way street. Your customer list is a potential asset to your company and the joint venture partners. Oftentimes, this list can be used in ways to generate revenue streams that did not exist before. More than likely your company maintains a database of who buys your products and who you would likely buy your products, both now and in the future.

It is highly probable that another business would like to market to your customers. We're not talking about your competition; but another product or service your potential partner would be interested in.

Know this: Consolidating resources is perhaps one of the fastest ways to launch a new business and grow an existing business; hands down!

When you are the owner of the customer list, the trust is inherent. To a certain extent, a trusting relationship has already been established, because you provide a product or service that may be needed by the list owner's clients. That is at the heart of an online JV.

This must also be kept in mind should you choose to joint venture your customer list with another business. That partnering company must be able to build a trust relationship with your customers and must not harm the relationship you have cultivated. Your company could simply recommend a useful product or service that is complimentary to the product already being sold.

Perhaps a joint venture partner has developed software that enhances a product your company has sold in the past. That (in many cases) would be an ideal situation. Not only does the software enhance the experience with your business' offering, it creates a bond where both are needed to get the most out of the products.

Remember, when executed correctly, a well planned joint venture can be a very lucrative way to get your products to other businesses' customers, and build business relationships that will last as long as the parties believe they are in a win-win situation that complements each other.

Finally, it's important to avoid the most commonly made mistakes when attempting such a venture.

Contact us at http://www.coprofit.com for further information.




Michael G Perry is the president of Coprofit, a Las Vegas based Joint Venture Firm.

http://www.coprofit.com




After You - Joint Venture Strategies With the Other Guy In Mind


As an entrepreneur and business owner, it's a given that you are constantly thinking of ways to grow your business and increase your profits. Joint venturing is a great way to do just that. However, many times business owners approach the concept of the joint venture with a "what's in it for me attitude," as opposed to taking a look at what's in it for the potential joint venture partner.

Approaching a joint venture opportunity from this other person's perspective can be a great way to open doors for future joint venture opportunities. Your ability to successfully expose your joint venture partner's product or service to your network makes you a valuable asset to their company. Combine that with word-of-mouth marketing, and you will have other companies coming to you to propose joint venture ideas. So think about providing "the other guy" with a fantastic joint venture experience, knowing that your efforts on the front end will reap great rewards down the road.

Once you've proven yourself in several situations, you may find that more opportunities for larger joint ventures come your way. Successful people tend to create more success. Joint ventures are intended to create marketing synergies that allow monies, ideas, and market share to grow. The more valuable you are in creating a winning joint venture for your partners, the more valuable you'll be when it comes time for future joint ventures. Think about what you can bring to the table and how you can best benefit your joint venture partners.

For instance, one small business owner recognized that there was a product that would do very well in salon, and that the product was not being offered by any other salon in the region. She researched the market and put together a proposal. In her proposal, she showed how she would take the time to introduce the product to the salon's clients, since she was aware that the salon owner had no time to promote additional products.

She then showed how the salon could make anywhere from an additional $300 - $1000 per week, simply by making a strong product introduction and then capitalizing on the reorders. Her role would be to introduce the product, and share in the revenue generated. The salon's job would be to give her access to the customers and then help to promote the re-orders via the internet. The salon owner loved the idea. They started the venture with the understanding that the feedback from the customers would ultimately be the deciding factor. The customers loved the product, the salon owner saw a profit, and the business owner increased her market share and profit. It was a win-win all the way around. Of course, other businesses have now contacted the small business owner about the product and are looking to see if there are other products she might be able to bring to the table on behalf of their businesses.

In the scenario above, the small business owner took the risk of giving time and the initiative of approaching another business owner. She looked to see how it could benefit the other business first. Needless to say, there is a strong on-going relationship between the salon owner and the small businesswoman. Think about the benefit to your potential joint venture partner, put together an operating strategy, and reap the mutual rewards.

Copyright (c) 2008 Christian Fea




Christian Fea is CEO of Synertegic, Inc. A strategic Collaboration Marketing consulting firm. He empowers business owners to discover how to implement Integration, Alliance, and Joint Ventures marketing tactics to solve their specific business challenges. He demonstrates how you can create your own Collaboration Marketing Strategy to increase your new sales, conversation rates, and repeat business. He can be reached at christian@christianfea.com - http://www.christianfea.com




Sunday, December 4, 2011

Benefits of Joint Venture Marketing


The term Joint Venture or JV is one that is being thrown around a lot online nowadays but having read many books written by so called Joint Venture experts it becomes obvious that most people are missing the full extent to which JV's can be used to add profit to a business. Most of these experts will tell you that a joint venture is when one company mails an offer to their customer database promoting the product or services of another company and receives a commission for any sales that result. This form of JV is also known as a host-beneficiary offer, a phrase coined by Jay Abraham.

In reality Joint venture marketing can be so much more. A joint venture is any marketing promotion that involves 2 or more organisations for mutual gain. If you were to walk in to any McDonalds store today you would find multiple JV's in action. Take a look at their kids' meal and you will probably find a toy from a company looking to promote their toy brand or latest movie.

When you expand your thinking you instantly expand your opportunities to profit from JV's.

Lets look at a few of the benefits you can enjoy by including joint venture marketing tactics into your marketing mix.

1. You can set up Joint Ventures to get more customers. Customers who are already presold on the benefits of your company so they only want to buy from you. When your JV partner endorses and promotes your product or service to people who know and trust their business you get instant customers who want to buy from you.

2. Joint Ventures can be used to tap in to thousands, possibly even millions of dollars of other peoples advertising capital. Your JV partner has invested a fortune into his/her business to obtain the customer following they have. When they promote your business to their database you get instant access to that valuable investment.

3. The right JV will add additional revenue streams to your business requiring no additional work or investment on your part. You can promote your joint venture partners services to your database and get paid a percentage of the sales generated. The money you earn is pure profit from day 1.

4. JV's allow your business to leverage off the resources of other organisations.

5. JV's let you capitalize on your businesses hidden assets.

6. Your business gains credibility in the eyes of the customer when you are associated with well respected businesses.

7. You can grow your business significantly without spending a single cent on traditional advertising.

8. You gain greater control over customers purchasing habits allowing you to control your businesses downtimes.

9. JV relationships are a great way to separate yourself from the competition and establish your business as a market leader. The most powerful leg up you can give your business is to do something totally different because when your business is unique then by definition there is no competition!

10. JV's can be used to encourage your customers to spend more money - more often.

11. Low cost advertising. Traditional advertising can be expensive. Joint venture marketing can save you that expense by letting you promote your business for FREE.

12. Fast, effective, results driven advertising. Joint venture marketing is a direct response marketing method, which drives immediate results.

13. Wholesale Advertising. Cash is the only form of trade in traditional advertising but joint venture marketing lets you give away samples of your product or service to get new customers so your only cost is the wholesale value.

14. Increase profit by creating an 'Incredible experience' which drives referrals and word of mouth advertising. Giving away gifts and running generous promotions gets people talking, and recommending your business, another FREE advertising method!

15. Increase customer loyalty dramatically. Customers will generally remain loyal to businesses that treat them well and give massive value.

16. Decrease your customer acquisition cost. Joint venture marketing gets new customers to your business at a fraction of the cost you'd expect to pay in traditional advertising.

These are just a few of the benefits.... they're endless!




If you would like to arrange some Joint Ventures to promote business you should take out a FREE listing with 1000legs.com. This online networking site will help you connect with potential JV partners. Go to http://www.1000legs.com For an in depth look at the various JV strategies you can employ to promote your business I highly recommend the book The 3 Way Win. Go to [http://www.the3waywin.com/marketingproducts.ag.php] for more information.




Saturday, December 3, 2011

Proposing a Joint Venture Offer that Cannot Be Refused


Joint ventures are an excellent strategy for increasing your market reach and overall revenues. However, the question is, how can you entice a prospective partner to join you in a lucrative joint venture? Not everyone can see the big picture quite as vividly as you can ' and therefore, it is important to employ strategies to make sure you both are on the same page of excitement.

Increasing the value of the partnership

There is only one bottom line to attracting a joint venture partner: provide significant benefits. Of course, this is easier said than done, and therefore, there are several strategies you can take to enhance the lure of your joint venture proposal.

- Craft your proposal with only the partner's perspective in mind. You already know what the joint venture will bring to your benefit, so there is no need to re-hash this information in your offer. Instead, your proposal should truly focus on how your potential partner can benefit significantly from this joint venture.

- Clearly outline all of the benefits. What seems obvious to you may not be apparent to your potential partner. Being too clear is never a flaw, but vagueness is always a fallacy. Make sure that you specifically highlight all of the benefits to your potential partner, whether tangible or intangible. Of course, the partner will gain additional sales and revenues, but what about the intangibles, such as increased branding, new market segments, and free exposure to a target audience? The revenue benefits may not be seen immediately, but certainly offer long-term benefits.

- Make your offer standout from the competitors. Chances are that if you are approaching a potentially lucrative partner for joint venture purposes, then other companies are doing the same thing too. Making your joint venture enticing means standing out from the crowd. If you are willing to provide your potential partner with a higher commission than the industry standard, then make sure to mention that first. This will attract their attention, motivating them to read through your entire proposal and absorb the benefits.

- Be exclusive. If you have joint ventures with anyone and everyone, then the most lucrative potential partners will not be enticed. Why would they want to joint venture with you when your partnerships are already saturated? Make sure that your joint venture proposal feels exclusive, and you can discuss the reasons why this proposal is unlike the others already out on the table.

- Demonstrate your understanding of both lists. When you show your potential partner that you have a full understanding of both your customer bases, this demonstrates that you fully understanding the prospects of the joint venture. Point out both why and how your customer list benefits the joint ventures endeavors. The more specific you can get, the more enticing the offer is.

Joint ventures go above and beyond the standard affiliate marketing. Typically, joint ventures can offer significant rewards for both parties that supersede the affiliate relationship. Subsequently, the work you put into enticing your ideal partner will be worth the payoff in the end.




Copyright (c) 2008 Christian Fea

Christian Fea is CEO of Synertegic, Inc. A Strategic Collaboration Marketing consulting firm. He empowers business owners to discover and implement Integration, Alliance, and Joint Venture marketing tactics to solve specific business challenges. He demonstrates how to create your own Collaboration Marketing Strategy to increase your sales, conversation rates, and repeat business. Contact: christian@christianfea.com
http://www.christianfea.com




The Benefits Of Joint Ventures


For those who have been involved in Internet marketing for a long time, the benefits of joint ventures are pretty well known. But if you're first starting out, you may not know why or even if you should get involved in a joint venture. Well, the answer is a resounding YES. In this article, I'm going to point out just a few of the many benefits of a joint venture. After you're finished reading this, you'll want to get out there and find yourself one of these as quickly as possible.

The most obvious benefit of a joint venture is that you don't have to do all the work. While each joint venture is different, for the most part, the work is pretty much divided down the middle if it's a true joint venture. So maybe one person will work on creating the web page and graphics while the other person will work on the sales copy. Maybe one person has a large list to market to while the other person has the technical skills needed to create the product itself. In a true joint venture, both sides share an equal part of the burden of getting the venture off the ground. This means less work for both parties.

Another benefit of a joint venture is obviously the money to be made from a successful one. Yes, it is true that in a true joint venture, the profits are going to be split right down the middle, but the potential for larger profit is much greater with a joint venture. The reason is simply because when you have two forces joined together, you have the advertising efforts of both parties going at once. You're bound to reach more people and thus make more sales.

While this all sounds well and good, you're probably asking "How do I get a joint venture?" Well, unfortunately, that isn't always the easy part. Human nature being what it is, both sides are going to want to know that they're bringing equal parts to the table. This is why it's very hard for a new marketer to approach an established veteran for a joint venture. The seasoned pro is going to want to know what's in it for him. Unless you've got a really dynamite product, or are a crackerjack developer of software, you're going to have a difficult time convincing a potential partner who is already making a good living online to give you a shot.

Having said that, there is an old saying, "Nothing ventured, nothing gained." Even if you think you have absolutely no chance of landing a joint venture with a big shot online, a professionally written letter and a confident approach may just land you that joint venture. Why? Because the successful marketers online know that they have to constantly be on the lookout for new products in order to stay ahead of the game. This gives you a decent shot at being the next person to capture that marketer's attention.

A joint venture is a marketer's dream come true. Do whatever you can, within the bounds of the law and good taste, to get one.




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Friday, December 2, 2011

Joint Ventures - How To Make Money With Joint Ventures


No other form of marketing is quite as powerful as using

joint ventures. Joint ventures are nothing more than two or more like minded

businesses working together to endorse and profit from each

others products. The truly successful internet marketers use joint ventures

as their number one way of generating a huge monthly income

and you can do the same thing.

In order to start using joint ventures for your own business

you will need to have your own product. The best type of product to do joint ventures with is simple information products in the form of ebooks. You will want to put together a top quality product in order to attract partners to do your joint ventures with. A product with a higher price point and higher pay out will always pull in more joint ventures than a low cost product.

Another thing you will want to do is give away a large portion

of the profits to your joint venture partners. A good starting point is to pay out a minimum of 50%. Most good joint ventures pay out 60%-90% as it is important to remember that the real profits from doing joint ventures are in the customer list and back end promotions.

In order to find partners to do joint ventures with, you will want to search for others who have similar products like yours. Not exactly like your but related to your topic. Once you find a few potential partners, you should send them a short email letting them know a little bit about who you are and why you are contacting them.

Also include a free copy of the product for your potential

joint venture partners to review.

You can use joint ventures to quickly boost your profits

and build a solid customer list very quickly if you are

persistent.




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Enter Into Joint Ventures With Caution


A joint venture, or JV, is the name for the entity created when two companies or individuals create a mutually beneficial partnership. Joint ventures can be a great means for small businesses to gain market share or increase their skills and services. In order to create a successful JV, however, there are a few things to keep in mind.

A joint venture entered into without research or caution is setting itself up for failure. If both parties don't take the process seriously they could lose valuable time and money, or worse destroy their business. To avoid these pitfalls, there are several things one can consider: choose your partner carefully, make sure you share a common goal and above all, stay organized.

The choice of partner is the most vital part of starting a JV. You should know the person well enough to have confidence in them and to know whether they are trustworthy. There are plenty of fast talkers out there who are eager to separate a fool from his money. As with everything else in life, if it sounds too good to be true, it probably is.

It's best to find out as much as you can about any partner candidates you're considering. Look up information about them online and ask them for references and a detailed resume.

Knowing as much as you can about your partner is important, but it can be detrimental to enter into a business agreement with a close friend or loved one. If the JV were to fail, you could lose a valuable relationship along with your business. It can also be tempting to cut corners if you're working with a friend. It can be awkward to write out a binding legal contract that outlines both of your responsibilities when you would rather just trust the person to uphold his or her end of the deal. If you give in to this temptation, it might turn out that you never had the same long-term vision of the JV at all, and it can turn into a disappointment for all involved.

Just like in a marriage, it's good to look for a partner that balances your prominent traits. Maybe you're good at keeping financial records, but you have trouble thinking of creative marketing campaigns. Look for a partner who can add some pizzazz to your joint venture. In turn, she might not be the best bookkeeper, so your skill set will compliment hers as well.

Determining that both you and your JV partner share a common vision is another important aspect. To reach a particular goal together, you must both know what the goal is and understand how you're going to get there. If your partner believes the goal of the JV is to grow the business to a very large one, and you believe the goal is to keep the business small so you can run it on the side, you're not very likely to work well together. You can't possibly reach both your and your partner's goals because they conflict!

Good organization can help ensure that your and your partner's visions match. To begin, create a business plan that clearly defines what you want to achieve and when you expect to achieve it. The plan also explains who will bring which assets and skills to the table.

As much as you might want to keep your partnership friendly, you must create a formal, binding contract. This document will keep everyone on safe legal footing if their responsibilities are called into question.

Time management is also a must when going into business with someone else. It's important to know your limits and not to bite off more than you can chew. Starting a joint venture can be stressful, and you won't be able to do everything at once. Take your time and complete one project at a time, and everyone will be much better off. Make sure your life can allow for the additional stress of a joint venture before signing any agreements with a partner.

With the right partner, shared goals, and clear organization, a joint venture can be one of the best means of increasing your company's size, skills, and customer base. Just make sure you spend time learning everything you can about how the joint venture will work for you, who your partner is, and how you can reach your goals together.




Lazy Internet Marketing (Justins Website) is our recommended resource for Internet Marketing including Joint Venture training on the Internet. To learn more about Joint Ventures try: http://www.lazy-internet-marketing.com/bm/joint-ventures.ag.php




Thursday, December 1, 2011

6 Tips to a Profitable Joint Venture


Joint ventures are an extremely effective way to break into the Internet business market. Joint ventures also help to keep your business riding high as you bring in more subscribers and increase sales. Therefore, an Internet business entrepreneur should participate in and actively seek out joint venture partnerships.

When seeking out and creating joint ventures you should keep a few things in mind. Following are tips to help you set up and maintain an effective affiliate program in your joint venture.

Joint Venture Tip #1: You should have an affiliate manager program set up before you take part in a joint venture. Kick Start Cart is an excellent program to use.

Joint Venture Tip #2: Place all your digital products on http://www.clickbank.com. Why? Clickbank has an established affiliate program that makes it simple to create joint ventures.

Joint Venture Tip #3: If you are offering a digital product to affiliates then you might want to be more generous to the affiliate. This means that you offer 70% commission to the affiliate while you take the remaining 30% commission. Normally, a joint venture has a split of 50/50 for the commission. However, for digital products the 70/30 split will bring in higher quality and more motivated affiliates.

Joint Venture Tip #4: Bribe joint venture parties to become your affiliate. A joint venture partnership needs to be beneficial for both parties involved. Therefore, you need to make your offering attractive to an affiliate. What is in it for them? In certain situations you can offer a 100% commission to affiliates. This may seem crazy, but it is a long term strategy. The 100% commission will motivate affiliates to heavily promote and sell your product. You won't make the commission at that time, but you will bring in a quality subscriber list which you can promote to and make money off of in the future.

Joint Venture Tip #5: Find an affiliate program that is easy for BOTH you and the affiliate. You want to make it as easy possible for an affiliate to partner with you. You should provide the content for the Google Adwords advertisements, emails, banners, etc. for the affiliates. Have the content all ready to go so the affiliate can simply take your information and plug it into their strategy.

Joint Venture Tip #6: Sign up for affiliate programs to find out how they manage their affiliate program. You don't necessarily have to sell anything for them. You just want to model their strategy if it is lucrative. Success leaves clues. Use these clues to your benefit. A great affiliate program to check at is [http://www.promotematt.com/]




Matt Bacak began investing his first earnings at the tender age of 12, a young businessman in the making. Now, 15 years later, Bacak survived failed businesses, botched partnerships, heavy credit card debt and bankruptcy - all in preparation for the accomplishments he has achieved today as a well-established Internet millionaire and best-selling author.

For more information, visit http://www.powerfulpromoter.com or sign up for his Powerful Promoting Tips at http://www.promotingtips.com




Joint Ventures - 5 Great Things About Joint Ventures


One of the neatest things about doing joint ventures on the internet is you get to meet people just like you. A joint venture is an entity formed between two or more parties to undertake economic activity together. With internet marketing this is easy to do. Here are five great things about doing a joint venture online.

1. They are easy to do. A joint venture can be anything from trading mailing lists to creating and selling a new product. Because it is done on the internet you will very rarely ever meet face to face with your jv partner.

2. Meeting people to do joint ventures with is easy to do as well. Many jv's are formed through internet marketing forums. When you hang out in a discussion forum you get to know people you would other wise never meet.

You also can bounce ideas off of each other and out of that can come a possible money making joint venture. Millions of dollars in sales happen strictly because of joint venture marketing created out of a meeting in a forum.

3. Joint ventures can create leads for future sales. Not all of the benefits of a jv are financially rewarding immediately. But being able to build a list for future follow up is always a good thing on the internet.

4. One benefit many people who do joint ventures report is they love the fact they are working with someone and not alone. If you quit your job to work on the internet you can begin to lose contact with people.

Sitting in front of the computer all day long can get lonely. Having a jv partner to work with to achieve a common goal is a great way to over come the loneliness working online by yourself can bring.

5. Developing a new product on the internet can get expensive when you are doing by yourself. This can be expensive both in the money and time you have to invest. Joint ventures are great because you can split the cost of time and money among the jv partners.

Of course you have to share the profits as well, but this is a small price to pay for a successful joint venture.

When you first start your internet marketing business setting up a joint venture can be difficult. Over time you will begin to meet people and doing a joint venture can be very rewarding. Hopefully these five things will help you in your next joint venture.




Bob's Shades of Cool website offers articles, products, and programs that can help you make money while you work at home. To find this and much more, check out his web site at Shades Of Cool.




Wednesday, November 30, 2011

Need To Become An Expert With Joint Ventures?


Have you ever thought about creating a joint venture? There are many reasons people do. Some of them want to build on their company's strengths by entering into a mutually beneficial partnership. Others want to pool financial resources, use new technologies or try out a new management procedure. The main reason to enter into a joint venture is to increase capital and expand your business.

Small business owners often have trouble getting started, especially when they are competing with established businesses. Building a wide, regular customer base is difficult and time-consuming, and can require a large investment of capital up front. A lot of this capital is often spent on advertising, which doesn't always work. Free or very low-cost advertising is another great incentive to enter into a joint venture.

To give you an idea of a very simple JV, let's take the story of Joy Smith.

Joy Smith is a designer of handbags. Her creations are beautiful and colorful, and she is very proud of what she does. When she decides that designing purses is her true calling, she leaves her career to open her own small boutique.

Joy has a great big grand opening with colorful posters and banners in front of her new store, and over the first few weeks she makes good sales. When the newness wears off and the banners are put away, however, Joy's sales start to slump.

Joy is persistent and refuses to give up on her dream. She knows she should advertise; however, money is short and she can't really afford to do that. So, Joy spends some time thinking about who her business contacts are, how they can help her, and what she can offer them in return.

Since she first started making handbags, Joy has always bought her supplies from a local craft supply and fabric store. She's recognized there and has built a good relationship with the owner of the business. She decides to approach the owner about entering into a joint venture.

Joy proposes that she set up a display of her purses inside the shop. The owner of the supply store would receive a percentage of any sales made inside her store.

Both parties benefit. Joy gets some free advertising, increases her customer base, and sells some bags. The supply store also gets some advertising for its products used in making the handbags, offers its customers a product, and receives a percentage of the sales from handbags sold there. In addition, they keep Joy as a loyal customer who continues to buy all her supplies there.

Truth be told, that is a very simple example of a potential joint venture. Still, even the smallest business deals can aid both parties in growing their business and profits. Joy lucked out by choosing to do business with someone she knew fairly well and already had a relationship with.

In real life, it can be difficult to convince an established business to enter into a joint venture, especially if you are new to the area. There is a lot of trust involved, and both parties have to hold up their end of the agreement.

Before you make a final agreement on a JV, it's vital to spend time with your potential partner. The two of you will discuss your needs and desires and what you can realistically expect from the agreement. It is absolutely necessary to create a detailed, clear and concise business plan that lays out every detail of the partnership.

It's also important to remember that you can shop around for different partners before creating a joint venture. There are likely many different joint opportunities that could aid your business in many different ways. There's no need to jump on the first thing that comes along. You can create a shell JV before you even approach a potential partner, so that you have something to bring to the table when you talk to someone.

Joint ventures are successful when they are entered into thoughtfully and carefully by all parties. If you think creatively and take time to carefully consider your options before entering into any deals, your joint venture might be just the thing you needed to make you that first million.




The writer of this article, Justin Bryce, is an expert with Joint Ventures. To learn about Joint Venture Benefits visit Justin at:

http://www.lazy-internet-marketing.com




Joint Venture Marketing - It's All About Trust


Have you been looking for a joint venture partner to help you promote your products online? Joint venture marketing has become a very popular way to build a profitable business selling products on the internet, because you can take advantage of someone else's email marketing list, instead of having to build your own list from scratch.

It's important to remember, though, that any time a joint venture partner agrees to promote one of your products, he or she should know that the product you are offering is of the best quality possible. After all, your joint venture partner's reputation is on the line each and every time he or she promotes a product. If your joint venture partner's list members buy a product that is sub par, they may never buy from him or her again.

To help establish trust between you and your joint venture partner, you will want to let him or her try out the product before asking him or her to agree to promote it. That way, your partner will have first hand knowledge of how well the product works. This not only helps to establish trust between you can your joint venture partner, but it also strengthens trust between your partner and his or her list members. That's because your partner can say with complete honesty that he or she recommends the product.

After you and your joint venture partner have conducted a few successful promotions, your partner will be willing to take more risks to promote new products for you. You both will benefit, because you will make more sales, and your joint venture partner will have a wider array of products to promote to keep his or her reader base happy. Of course, your joint venture partner will also be happy, because he will receive commissions on each of your products sold to his or her list members.




Original article : http://www.anthonyvicenza.com/wordpress/joint-ventures/joint-venture-marketing-%e2%80%93-its-all-about-trust.html

Anthony Vicenza is a professional affiliate marketer. He now provides free advice to wanna-be internet entrepreneurs at http://www.AnthonyVicenza.com.




Tuesday, November 29, 2011

eBook Marketing: Finding The Best Joint Venture Partners To Help You Sell More eBooks


When you joint venture to sell ebooks and information products, you bring your strengths to the table and then partner up with someone who is marketing to the same group of people but whose products and services compliment rather than conflict with your own. So how do you find the right joint-venture partners? Here are 7 places to look for successful joint ventures

1. Conferences and Meetings. I've found conferences to be a great place to meet people that I can joint venture with in my ebook business, where as local meetings have not worked that well for my business because most of these people were offline. Every business is different so check into both types of events and see what works best for your business. The important thing is to put yourself in situations where you can talk to people face to face and where there is the best possibility of forming an alliance that will benefit both of you. (Face to face contact can help you form partnerships more quickly than by telephone.)

2. Your Students. If you have a teaching or coaching business, your students could be one of your best sources for joint ventures. I find that my best students who are in fields relating to ebook writing and marketing have great potential to become joint-venture partners. They are earnest, they are committed and they are taking action on a regular basis. So

really get to know your students and always look for joint-venturing opportunities with them.

(It will also be an added incentive for them to work with you in the first place.)

3. Your Customers. People who buy your products are obviously interested in what you do and some of them will most likely be in related fields. Find ways to engage your customers to find the ones that can increase your bottom line through joint-venturing.

4. Affiliate Partners. Affiliate partners can often turn into joint-venture partners.

An affiliate is someone who is already promoting your products and services which means that they have a market that is already interested in what you have to offer.

Some of them will be a natural fit and will move from promoting your products and services to working with you as a joint-venture partner.

5. Vendors. The vendors that you work with may know other people who are exactly the kind of people you are looking to joint venture with. You might even considering offering vendors a "hook-up fee" which will give them even more incentive to help you find the best joint-venture partners for you.

6. Trade Associations. Get to know the people who run your local trade associations and ask them which vendors they use. Then make a point to get to know these vendors. They can also be a good source for joint-venturing opportunities.

7. People whose services you use. Think about the people in your life who perform a service for you. Do they have a business where joint venturing with you makes sense for them? Will it help them expand their business while helping you to do the same?

If you want to find great joint-venture partners, pay attention to your students, your customers, your affiliates, your vendors, people in your trade associations, people that you meet, the people that you work with, and the people who work for you. You never know where you will meet the perfect partner who needs what you have to offer and will help you to expand your reach, sell more ebooks and make more money with less effort than many of the other ebook internet marketing strategies require.




Visit http://www.theebookcoach.com for more tips and tools on ebook writing and marketing. You can also subscribe to 9 Free Secret eBook Tips To Making Money Online and The eBook Profit Secrets Newsletter ($147) at: http://www.theebookcoach.com for insightful articles, technical tips, q & a's and more! You are also invited to visit http://www.ebookprofitsecrets.com a Home-Study Course that teaches entrepreneurs how to build an information-online business from the ground up!

Ellen Violette, The eBook Coach, is the creator of the Quick-Start 3-Day eBook Authoring Workshop which teaches people how to author an ebook in 72 hours or less..Guaranteed and eBook Profit Marketing Secrets. She is also the co-author of Sell More eBooks, Low And No-Cost Tactics To Explode Your eBook Sales And Downloads with Internet Expert Jim Edwards. Ellen is an ebook author in her own right as well as a Grammy-nominated songwriter.




Monday, November 28, 2011

Joint Ventures And How They Take Shape


There is no doubting the benefits that joint ventures can bring, but how and what shape do these take. Lets start with the traditional view of joint ventures and this one is the promotions only.

1.The Joint Venture only- how many times have you seen fantastic claims of thousands of dollars worth of sales been made in one day or a matter of days and wondered how is this possible. The simple answer is joint ventures. For some time in advance of the actual product launch, the product creator has been networking to establish a group of marketers within the same niche to enlist their support in the upcoming product launch.

In general for this to work they will be joint venture partners who have significant experience and have that all important asset a sizeable list. In exchange for their support they will receive a premium on the commission normally paid to standard affiliates and also more lead time to promote before it is made available to affiliates.

Lastly, they will have reciprocal agreements to promote each others products when they launch their own product offerings. By now I'm sure you can see the power of joint ventures and why such successful product launches take place, the momentum is borne out of the joint venture partnership and the exposure to thousands of responsive buyers in a short period of time.

2.Joint ventures can be a meeting of minds where two or more marketers agree to have a product collaboration, in doing so they are not only sharing their relative expertise but are also sharing production costs and promotional efforts. Dependant on their own joint venturing groups individually they may attract more joint venture partners to promote than what would normally have been the case if they had developed the product themselves.

In my mind there is no more efficient system than this if you can pull it off, the amount of traffic your product is immediately exposed to it hard to replicate through other forms of promotional activities. Get advice on joint ventures and learn how you can benefit from this traffic resource just like the gurus.




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Grow Your Business Using Joint Ventures


Starting an Internet business is much like a start-up in any other business. It is not easy. You've got to make arrangements for products you intend to sell, design a professional looking website, develop effective sales pages, advertise, attract traffic to your site, and entice visitors to click on your links and buy your products. All this takes time to develop. If you are looking to get rich overnight, buy a lottery ticket instead.

One effective way to generate business for your new online company is with the use of joint ventures. A joint venture (JV) is a business partnership between two or more parties to expand business for both parties. In an ideal joint venture, the talents of one partner make up for shortcomings in the other, and are beneficial to both companies. For example, if you have a great product but no list to sell to, team up with a partner that has a great list but no product. Of course, you should both be involved in the same niche, but not have products that compete directly with each other.

By using joint ventures, you can quickly build the size of your list as well as your income. Less than 5% of Internet businesses have used joint ventures.

There are several types of joint ventures. Two large businesses may use joint ventures to try and dominate a particular area of the market. They may also combine resources to generate a huge payday for both. For instance, if company A has a new product launch in 2 weeks and company B has a new product launch in 2 months, they might decide to market each others products for their mutual benefit.

Small companies might team up to build their reputations, increase the size of their subscriber list, or generate income. There are many types of joint ventures that you can enter into. In fact, you are only limited by your imagination.

Choose your partners carefully. Make sure your partner has a business mindset, attitude, and moral code similar to yours. Develop written goals for your partnership. Clearly define the responsibilities of each partner in writing. Many joint venture partnerships fail for this reason. Always be open and honest with your business proposals. Do not hype your business with facts that are not true.

With your initial joint ventures, team up with companies that are similar in size to your own. Send out press releases announcing your joint ventures. This publicity may entice larger companies to approach you with joint venture proposals.

Finally, joint ventures can only work if you pursue them. Send out joint venture proposals on a regular basis. Through persistence and hard work, your joint ventures can grow your Internet business nicely.




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Sunday, November 27, 2011

Difference Between Joint Venture Partners And Affiliates


There is a lot of debate going on the real difference between joint venture partners and affiliates and to be quite honest and reasonable- there really isn't much of a difference, its opinion that differs. Let's take a good look on both of the perspectives.

Joint venture partners are basically the "Big Players" in your niche who you can really leverage to boost your business confidence. A common goal is what two companies look forward to when they sign up on a joint venture. There are only two types of joint ventures, and your choice has to be one of these.

Firstly is the "Co-ownership" of business, a type in which your joint partner and you are actual partners, that is you build the project, website, marketing and other aspects related to your companies and you both jointly run. This is considered to be the most powerful business strategy but you have to be extra-cautious while deciding whom you choose to work with otherwise you will have a major drawback in your business and a failed venture will be the end product.

However if done with the proper precaution measures and vigilance, you can be among the emerging best companies in the world making a huge market gain. Most of the globally famous companies are the result of multiple joint ventures. So it must have given you a hint, that the sky is the limit for people with clear objective and marketing skills.

Second kind is the "Promotion" only kind of business, an incredible form of joint venture in the Internet Marketing Arena. Its popularity is increasing day by day. In this venture, you are landing hundreds of joint venture partners who will promote your product or website on a certain fixed date, you will get a big sales day and completely dominate your industry! Making great sales in a single day is the aim of this kind of venture. Top marketers are convinced that if their website and products are launches on a certain date, there is a high built-up hype which helps in increased product sales that indeed gives a lucrative business.

Now coming back to the main point of the discussion we'll discuss Joint Venture Affiliates. They can be anyone who wants to promote your products and services to make some extra capital. Sounds similar to Promotion kind joint venture, isn't it?

There's not much difference between a partner and affiliate but the partners give a huge margin of profit and reliability. So if you are going for a future program and not quick money making schemes, I'd suggest you to choose Joint Venture Partner.

To make it short, Joint venture partners can be considered as affiliates on steroids.

If you are aiming towards a very successful Joint Venture Partner to make more money with successful planning, you may also have to give them a very high commission rate or even a 100% commission if you are certain, you'll be following up with your new list of customers.

In conclusion, as a business associate, you may want to have both affiliates and partners for your joint venture but I'd suggest you to focus your attention to Joint venture partners as they will promote your business and will help exponentially to build it giving you a huge satisfaction.







How To Create Your First Joint Venture


Here's a quick and easy way to understand the essence of a joint venture.

Imagine you have a product you've developed. Let's say it's about raising honey bees for profit. It's a product you're proud to sell, but without a mailing list or an army of affiliates, you're finding the sales slow. Fortunately, you've done a little research and you've found another Internet marketer within your honey bee niche. This guy has a mailing list. He can use a good product to sell to his list. You get together and decide to split the profits by sending your product to his list. Bingo! You've got a joint venture.

Both you and the marketer benefit.

The customers on his list benefit.

Everyone wins.

This is very effective in quickly getting your product in front of hungry customers, particularly in small niches such as in our example. However, the Internet marketing niche can present some additional roadblocks. There are so many products continually being released to this niche that marketers with a list can be very choosy. Outside the Internet marketing niche, however, you should have far less competition, making it easier to put a joint venture together.

Before You Propose A Joint Venture

If you've just finished developing your product, it's not yet time to go looking for a joint venture partner. You still have some important work to do. First, you need to get your sales page written and online, including graphics. You need to have your sales process in place (from the order button to the money collection and to the product download). And finally, you need to start driving traffic to your sales page.

Before you approach a potential joint venture partner, you want to test your entire process to see how well it's converting. It's not enough to have a great product. In order to convince an Internet marketer to work with you, you'll need to have specific numbers. For instance, the percentage of visitors to your website who are actually making a purchase.

This is going to require a period of testing and refining. If your initial sales are low, then you'll want to work on your sales letter. If that doesn't improve sales, then you'll want to consider adding bonuses or testimonials or redefining your target market. Only after you've achieved a proven conversion rate are you ready to approach a potential joint venture partner.

Approaching A Joint Venture Partner

Once you're ready to forge a joint venture, take the time to learn a little about the person you're considering approaching. How long have they been marketing in your niche? What do you like about their business? How will your product will benefit their business? Is this someone you feel you want to work with?

When you're ready to take that first step, consider calling him if at all possible. You're trying to build a business relationship. It's always easy for someone to say yes if they've had a chance to talk to you directly and get a feel for not just your product but who you are and how enthusiastic you are about what you're doing. If you're unable to contact him by phone, then send an e-mail.

Be professional. Don't tell him that you've got a product that's going to make him a fortune. Tell him a little about your product, how it's converting, how you believe it might benefit his customers, and then offer to send him a copy so he can see the quality for himself. Don't waste his time with hyperbole. Be honest and straightforward and leave the decision to him (it's his decision anyway). If he decides to pass, then move on to your next potential joint venture partner.

Conclusion

A joint venture provides an excellent opportunity for two marketers to mutually benefit by the combined resources and talents of each partner. But that's not all. A joint venture can serve as the foundation of a lasting business relationship. It can help you gain increased exposure within your niche. And of course, a good joint venture can increase your sales dramatically.




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Saturday, November 26, 2011

4 Powerful Joint Venture Advantages


A joint venture can sometimes seem like more work than it's worth. However, business owners who think in this manner probably have the wrong mindset to be in business in the first place. A savvy business owner will be constantly looking for ways to improve business placement and revenue, as well as find advantages that set his or her business apart.

If a business owner is on the lookout for new advantages, a joint venture may be in the cards and just the thing to create those advantages. JV's are business partnerships and require cooperation and trust. However, they do not have to be permanent nor does a business owner need to share all his or her secrets to take advantage of a joint venture partnership.

What are some of the advantages? Here's a partial list: Access Larger Markets

A strategic JV partnership can provide access to larger customer bases and geographical markets. Say you have a printing business that specializes in creating shirts, coffee mugs, pens, and other merchandise with company logos. By teaming up with a business consultant with a wide-range business contact network, you can provide them with clever promotional items and gain access to a large catalogue mailing list.

Look at the marketing possibilities that a joint venture can offer your business. Since marketing and promotion are always something you need to focus on for your business, getting otherwise inaccessible market taps can help your business grow.

Longer Marketing Reach

Not only can you gain access to larger and new markets, but also you can extend your marketing reach. You may not have the budget for advertisements in national magazines, but a strategic joint venture can provide you with new marketing channels and geographic scopes. Additionally, a joint venture strategy may give you more direct access to decision makers.

Access to Technology & Resources

You may have big dreams to expand your business with technology. But rather than trying to obtain venture capital for technology expansion, consider whether a joint venture would be more profitable in the end. When you borrow money, you have the obligation to pay it back before you recognize any considerable profit. By using the technology and resources already utilized by a joint venture partner, you could build business and raise revenues faster by sharing the profits.

Build Credibility

Your small business may not have the reputation it needs yet to become a big business. Find the right joint venture partner with national recognition and reputation, and you can instantly raise the credibility of your own business. If you have a strategic idea that can be used by a national company, that joint venture could thrust your business into the limelight and open doors for you. Don't just think about joint ventures on a small scale with the store across the street, think big!

Copyright (c) 2009 Christian Fea




Christian Fea is CEO of Synertegic, Inc. A Joint Venture Marketing firm. He exemplifies how to profit from Joint Venture relationships by creating profit centers with minimal risk and maximum profitability. To discover more Joint Venture Marketing Strategies join his free Joint Venture Marketing Wealth Report.




Top 5 reasons why you need to do joint ventures business


A joint venture is nothing more than a commercial enterprise which 2 or more companies combine forces multiplying their efforts.

Joint ventures business are the most powerful technique that you can use to develop your business, hands down.

Here are the top 5 reasons why you need to do business joint ventures:

1. Maximizes leverage -

What better way to build your business then with the power to influence? Let your joint venture partner to do what it better and focus you on what you better. This targeted action will create a synergy between the two you by multiplying your efforts as you would not believe them.

2 It's free and Simple to-

Unless your using a joint venture broker, it's absolutely free contact with other marketers and ask them to joint-venture with you. This is a huge gem that I will share with you for free which landed me more joint-venture partners then I can count and exploded my MLM business online.

A simple search Google and find a relevant website with what you have to offer. If this looks like a good game then call the owner of this site and their hit with your offer of joint venture.

How do you find their number so you can really call them? There are over there, a site called Whois.com where you can find the name, e-mail address, mailing address and telephone number of someone with a website. It is so powerful, this one technique can triple your business in no time.

3. Built relationships with other companies -

Success is all about building relationships. The relationships establish you, you will have the most of connections with other business owners. Doing business joint ventures are the ideal place to start to build relationships with other companies.

4 A successful JV may be all you need -

It's a true story. I have a friend and business partner, his name is Jared Defazzio he landed a joint venture with a very well known online trader. In its first month this well-known online merchant has made more than $80,000 and be that Jared recruits in his company off the coast of the joint venture, Jared continues to be paid month after month for the rest of his life.

Jared is still to this day in 5 figures per month out of the efforts of this joint venture only. Jared built his empire set off the coast of the art of ventures, he started with nothing not including no advertising budget.

5. Winner winning situation for everyone -

Everyone strives to make more money in right? Of course, and a joint venture is truly a winner win for not only you but for everyone involved.

Here is an example of real life. Let's say you have a responsive list of 20,000 subscribers. Suppose that your potential joint venture partner has an incredible product that would perfectly complement your list and it offers you 50% commission for every sale generated. Duh, all that you need to do is endorse the product to your list and your going to do one day of the payroll.

You win because you make money with very little or no effort and your partner WINS because he was tapping into your list and divide the profits so it had very little or no work to do or. You see how joint ventures are a total no evidence?

There is no bad way doing joint ventures business. Just be creative, have fun with it and will find some partners.




I am an internet marketing specialist, who uses the power of the internet. I sign & mentor ambitious people how to generate free leads and traffic with the most recent marketing. I love helping people succeed with duplicating efficient wealth creation opportunities. Make a positive difference in the lives of people.




Friday, November 25, 2011

Develop Your Joint Venture Strategy


A fundamental objective of a joint venture is to share resources to help each other's business grow in some agreed way. There are many reasons for entering into this type of business relationship, such as increasing your profits, increasing or diversifying your market and customer base, opening new marketing channels, or facilitating technology expansion. Because of the many advantages of joint ventures a lot of time is spent on research, planning and alignment of strategic goals to find and build successful business partnerships.

There are many examples of two or more entrepreneurs or companies coming together to build a partnership or form a venture for a specific business purpose and the following advice will help you to develop your joint venture strategy and increase your chances of success.

Set your joint venture strategy and goals

Before partnering with another entrepreneur or business, you must set your own joint venture strategy and goals and decide exactly what you want to achieve, such as whether it is more profits you are looking at, business expansion, or if you want to associate with another partner to enhance your standing in a particular market? Are there specific resources that you don't currently have that would help you to get to your own business objective in a shorter time period?

Be clear on your joint venture strategy and what you want before signing any partnership agreement, as this will also help you target your search for a suitable partner for your business venture. No matter the size of the business, the key to success is to aim for a win-win approach.

Build realistic plans

Carefully chalk out a plan at the beginning of the venture and ensure that any negotiation of the partnership terms should be for the mutual benefit of both or all the parties. You need to agree a common joint venture strategy, devise ways to attain the goal and agree on the appropriate type of business structure for the venture and if you already have a clearly articulated plan for this other businesses may be more interested in partnering with you.

Communicate openly and honestly

A key aspect of successful joint ventures is the open and honest communication between the partners and the cooperation towards the common goal. One of the key reasons that business partnerships fail is because the partners do not clearly express their expectations at the outset. It is always better to discuss any issues openly to avoid future disagreements and you should make this clear at the start of any discussions that you have with potential partners.

Document the terms

Always have a copy of the joint venture agreement in writing to avoid any confusion at a future date. Whilst the partnership agreement will help to clarify the strategy and the terms of the relationship between the parties, it is just as important to keep a positive attitude and balanced approach at all times to build and maintain excellent communication between the partners and avoid the requirement to resort to the agreement for clarification on certain aspects.

Review progress regularly

Just as it is important to agree specific goals when setting up strategic business relationships it is also very important to work out how you are going to track progress towards achievement of these goals. Schedule regular reviews of the progress of the business so that you can be certain that the partnership is on track to deliver the desired benefits for all parties.

By defining your joint venture strategy at the outset and combing this with effective planning and communication you greatly increase your chances of success.




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Joint Venture Marketing - Increasing Your Traffic and Profits


Why are Joint Ventures one of the best tools for all levels of Affiliate and Internet marketers?

Well lets first make sure everyone knows the clear and simple definition of Joint Venture. A Joint Venture is an agreement between 2 parties, in our case individuals, who work together towards a common goal. Here is a clear understanding of an ideal joint venture and how a Joint venture can be a very profitable relationship: " Bob has a great Product but Bob has only a couple of friends. Bob talks to Mary. Mary is the most popular girl and knows everyone. Bob asks Mary to promote his product to her friends and for every sale Bob gets, Bob and Mary split the profits 50-50. Bob and Mary make $10 each and are very happy and Bob is now the Go-to guy" Now mind you, I forgot to tell you that Bob and Mary are only 5 years old and Bob is selling lemonade. But the concept of a Joint Venture Remains the same.

Joint venture marketing is probably the most underused internet and affiliate marketing tool available. The potential success of a good joint venture relationship far outweighs the success of an individual might have on their own. Typically, people are afraid of these joint venture partnership deals going bad, so they tend to shy away from any sort of joint venture offer... especially when there is a monetary investment.

Many JV partnerships are a simple exchange of services, similar to the Bob and Mary example above. Joint ventures don't always require a split sharing of profits. Let me explain, there are many forms of Joint ventures and this characteristic is something that makes them very attractive and successful. The first and simplest way to under-take a Joint Venture is to reciprocal-promotion of a product.

These endorsements from other merchants will expand your list of customers and provide you with a bigger initial audience. Not only are you expanding your customer base to include your venture partner's customers but you will also have the opportunity to build a relationship with your new subscribers because your JV partner endorsed you.

Personally, I feel one of the best ways for you to gain additional contacts is to give away a useful but free gift, item, tool, etc. As I just mentioned, is the expanded customer base that comes with joint ventures is a huge potential for future sale conversions. If you partner up wisely you can inherit a customer base that could have otherwise taken you years to build.

One of my JV's allowed me to literally double my subscriber base. It was a huge success and I did my part to make it as successful as possible. I just think how easily I was able to double my subscriber base and by doubling it I am able to reach more people. This is one of the reasons how joint ventures can benefit your current and future profits.

The third reason joint venture marketing is great is increased traffic from these new customers. You should be informing people of how you intend to help them throughout their travels. On My blog, I typically provide people with resourceful tool, such as the Butterfly Marketing Manuscript (GREAT Read) or a set of squeeze page templates, informational eBooks, things that will provide people with tools and information they need.

One of the downsides to internet marketing is most tools cost something. If you are internet savvy enough you are able to get a good deal of these tools for free ( or you could just subscribe to my site and I will send you these things for free). One of the tools that I used in my JV promotion, is the automated article directory submitter. This would typically cost $167, but as a gift I was ( and still am ) giving it away for free.

As you can see, joint venture marketing can most definitely work in your favor. The reasons I've mentioned above are just some of many that can work to your benefit. And, the best reason of all, it's all free.




Thomas Cappetta invites you to sign-up for the Blogging-to-make-money.com newsletter for inside advice on how to Make Money Blogging. At Blogging-to-make-money.com, You are Guaranteed to get many Free and Cutting-Edge Tips, guides, tutorials, and tools. For example, Download the FREE Automated Submitter Software when you subscribe to the newsletter.




Thursday, November 24, 2011

Why Joint Ventures?


The ideal joint venture often proves to be a useful way to acquire access to market advantages. As a result, any business considering joint ventures as a competitive strategy should know what they are and why they should be considered. Strategic alliances result in joint business ventures. Hence, becoming aware of how to go about identifying appropriate strategic alliances is inevitable. Thereafter, the strategic fit of any joint venture should be identified and established to ensure success. Joint ventures are not necessarily straight forward and by-the-rules. Each situation must be appropriately assessed on an individual basis.

So, why would a business consider undertaking a joint business venture? These are ideal for three general types of situations. Initially, a joint business venture is a good idea when it offers uneconomical opportunities or assists in facing a business risk, eliminating a business having to face that risk alone. Secondly, a joint venture becomes the appropriate move when a combination of resources and capabilities result in the business becoming a strong market contender. Finally, it is an ideal way to wet the feet, so to speak, in the foreign market. However, these common joint venture approaches are not simple ones and force a business to consider some serious implications and the effects they will have on the business.

These deals require the appropriate application of strategic alliances. The objective of a strategic alliance is to establish cooperative relationships with other businesses that complements and adds to a business' established business initiatives and competitive strengths. Hence, a strategic alliance is far more than normal company to company interactions. It is better described as being just shy of a merger or full partnership, which could prove complicated. Common examples of strategic alliance being pursued to initiate joint ventures include joint research efforts, technology sharing, joint use of production facilities; joint marketing of both business' products; or joining forces to do mass production and assembly.

When considering the effectiveness of a potential joint business venture, a strategic fit is a must. A strategic fit, generally, offers a business one or more competitive advantages. Strategic fits offer a business cost or saving opportunities that allow for the sharing of resources or the combination of activities. Some common strategic fits are technology fits, operating fits, distribution and customer related fits, and managerial fits. Briefly, different businesses have different technologies; so that when they combine, it creates a competitive advantage for both businesses. This is a technology fit. An operating fit is establishing a competitive advantage by the combination of each business' operating skills and capabilities. The same basic concept applies to the distribution and customer related fit and the managerial fit.

JV s arise out of a company's desire to establish sustainable competitive advantages. A sustainable competitive advantage is one of the most significant contributing factors of above-average profitability. Joint ventures require a tremendous amount of research hand analysis to enjoy the results that this type of strategic approach produces, which include competitive and practical business advantages.




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3 Surefire ways to Profit from Joint Venture partnerships


Joint ventures are an interesting concept that can have dramatic effects on your business, including your business online. I learned first of the joint ventures when I was in the company of the mortgage. Before that I have in this, its important that you know what are joint ventures.

Joint venture partnerships are a mutually beneficial commercial agreement where two or more parties are together to improve their business.

What does all this mean? In addition, very simply, we work together and I scratch your back and you scratch mine. In the mortgage sector, a joint venture that I were real estate agents. Think about it. They needed to sell houses, and I had buyers who are approved to buy houses. This has led to the constants back and forth references which was beneficial to each of our businesses.

When we think of an online business, joint ventures are very similar. In fact, I have discovered about 3 different ways that you can associate with someone to explode your business.

1. The creation of products - this method is when people in partnership to create a product. Perhaps someone has ideas and major concepts, and the other can write their wrist offshore in one night. Another example is a trader to identify a problem that many people are, and then joined a software developer to create the solution. Then, the developer must give it marketing to sell and get affiliates. You can easily see, this joint venture partners is a win-win situation!

2. Product Promotion - this is the first type of partnership of the joint venture that you usually think. Although it is definitely a large, is not the only type of joint ventures which is contrary to what many think. This type of joint venture involves marketers in partnership for a new product launch, special offer or a kind of promotion to the other e-mail list. A partner sells its products, the other is the commission. It is one of the absolute best ways to make money with your own product, simply with joint venture partners to promote.

3. List building - construction of the list can be supercharged with joint venture partners. Here are a few ways you can create a list with joint venture partners. You can offer a bonus on your partners product, but the people will have to consent to your list to get the bonus. Another way is to have a special offer for only your list of partners, and when your partner it is promoting, you capture all leads. You can then reciprocate and send your list to your partners offer.

As you can see quickly, there are several benefits that joint venture partners. You company can go to drive hyper just by simply using some of these methods.

If you are not sure how to get started with your first joint-venture partnership, I have prepared a special report, and more absolutely free videos that you can use to learn how to get started. Simply click on the joint venture [http://www.jointventureseekers.com]. It is an absolute free resource, so make sure you get it quickly!




About the author:

Alex Navas teaches marketers and small business owners how explode profits online with simple and proven marketing methods. You can get the free report and video course on Profit Joint Venture partnerships in joint venture [http://www.jointventureseekers.com].




Wednesday, November 23, 2011

The Reality About Joint Ventures - 3 Warnings


Coentreprises sont maintenant à la mode, mais la vérité est que si vous n'apprenez pas eux maintenant vous sera laissée derrière lui et probablement être hors de l'entreprise cause d'elle. Les coentreprises sont plus qu'une rage, ils sont l'innovation du climat global business. Joint-ventures créent l'avenir de l'entreprise et sera pendant longtemps. Malheureusement, la plupart des entrepreneurs ne savent qu'une stratégie de marketing de coentreprise. Je suis ici pour vous avertir de l'avenir de l'entreprise, afin que vous pouvez être le premier à la transition en joint-venture de marketing maintenant.

Voici 3 avertissements pour l'avenir. C'est à vous de tenir compte de leur. Si vous le faites, vous exploser vos ventes et affaires rapidement et ont un grand moment de le faire. Bonne Chance!

Avertissement de commercialisation de concurrence # 1 est mourant. Si vous voulez gagner en affaires vous devez maintenant, arrêtez vos stratégies de marketing de la concurrence et apprendre des stratégies de marketing coopératifs comme des coentreprises. Si vous êtes une petite, moyenne ou grande entreprise et sont encore qu'à l'aide d'une « modèle de marketing de concurrence » votre entreprise sera probablement mourir dans les 5 ans en raison de l'absence des connexions et des clients. Maintenant, anciens entreprises compétitives sont marraine et devenir des collègues, cela remplace l'ancien modèle d'affaires de la « stratégie de marketing compétitif. » Avec des coentreprises ou (JV) vous font équipe avec une entreprise, le groupe ou la personne dans une alliance pour la création ou l'agrandissement d'un marché ou la présence sur le marché. Vous pouvez utiliser un JV d'influencer ou de créer de crédibilité grâce à une association avec d'autres. Cela permet à votre entreprise : moins de risque, plus bas frais, de marketing crée des alliances à long terme, offre le meilleur service à la clientèle, crée de la richesse massif plus vite et possèdent une entreprise stabilisée par le biais de toutes les conditions météorologiques économique. Votre banque deviendra obsolète dans l'avenir. Vous n'aurez pas besoin prêts aux petites entreprises ou des lignes de crédit parce que vous allez utiliser des coentreprises.

Avertissement # 2 coentreprise Clubs sont le site de réseautage social plus forte croissance où les Entrepreneurs se rencontrent pour créer une alliance avec une autre société.

Les clubs de joint-venture sont sociales networking sites qui fournissent des entrepreneurs avec l'endroit idéal pour rencontrer se mêlent et faire des affaires. Dans le club, il n'y a jamais un temps lorsque vous devez franchir gate keepers ou faire des 500 appels téléphoniques dans l'espoir d'obtenir à votre entreprise de grand rêve. Ces entreprises sont trop des membres. Les clubs de coentreprise utilisent une technologie de B2B qui correspond à votre entreprise à d'autres sociétés au sein du club qui sont un match de coentreprise parfaite pour vous. Ils envoient ensuite ces matches à vous à votre courriel où vous pouvez aller dans le club et communiquer avec eux privé pour discuter des possibilités. Dans un club vous pouvez également joindre un think tank ou être lors d'une réunion de la salle de conférence où autres entrepreneurs sont fournit des réponses et des idées. Si vous souhaitez excel et d'apprendre les coentreprises, que le club offre de la formation afin que tout entrepreneur peut réussir à toute alliance de coentreprise qu'ils veulent.

Avertissement # 3 coentreprises sera la langue des affaires de l'avenir. Vous devez apprendre à parler il maintenant ou vous va être à la traîne.

Coentreprises internationales ont été promus par les institutions financières internationales telles que le Fonds monétaire International, la Banque mondiale et l'Organisation mondiale du commerce, qui ont introduit des politiques visant à éliminer les obstacles commerciaux et de déréglementer les restrictions à la propriété étrangère et le flux internationaux de capitaux. Cela nous montre qu'à l'avenir JV sera la norme d'entreprise dans le monde entier. Il sera la langue des professionnels de l'entreprise. Il sera la nouvelle bourse de cette nouvelle économie d'entreprise. Étant donné que nous commençons à peine à briser les obstacles commerciaux et de déréglementer les restrictions à la propriété, vous devez comprendre que vous êtes au début du, ce que je pense, sera la plus grande tendance dans l'histoire de l'entreprise et d'autres experts d'accord avec moi.

Selon le programme d'Alliance du Commonwealth, entreprises estime que, en 2005, 25 % de leur chiffre d'affaires total (40 milliards de dollars) a été le résultat de coentreprises. En tant qu'entrepreneur moi-même, je tiens à vous aider à vous Enveloppez votre tête autour de 40 milliards de dollars. Disons que vous aviez de 750 000 dollars par jour à venir dans votre entreprise. Tous les jours comme sur des roulettes, vous avez reçu de 750 000 dollars, « Fabulous », vous pensez. Vous collectez cet argent chaque jour pour les années 2000 ; et vous serez à mi-chemin par le biais de 1 billion de dollars. Voir, il y a plein de tout le monde ! Ainsi, vous pouvez comprendre comment, en tant qu'Entrepreneur, vous ne peut vous permettre de pas utiliser, ont, comprendre ou même un petit morceau d'une stratégie d'affaires de 40 milliards de dollars de mettre en œuvre. Vous avez été avertis sur le marché d'affaires futures. Ne perdez pas de temps. Rejoignez le club et commencer à bâtir votre empire commercial maintenant.




Vickie Jimenez est l'auteur de « Champagne pensées et Caviar de la Science de la pensée d'axée sur des résultats puissance » et a plus de 20 ans dans le domaine du développement personnel. Elle est experte en personnels et esprit d'entreprise performance ainsi que gestion de l'environnement de travail. Elle est un conférencier, formateur corporatif et le CEO de séminaires de systèmes de succès. Elle apprend aux entreprises et individus comment renforcer la responsabilisation et la performance par le biais de self-command. augmentation de la production, de revenus, de culture, de ventes et de satisfaction de carrière. Pour en savoir plus visitent le http://privatejvclub.info ou visitent http://successsystemsnow.com.




Joint Ventures and WHY They Are A Great Way To Jump-Start Your Online Business


I have two quick and important questions to ask you before we continue that will only take a few seconds to answer.

First, do you have a online business that you just finished setting up that has an affiliate program and are looking for ways to give it a Jump-Start with NO advertising budget?

My next question is... would you like to get your Product or Service infront of thousands of targeted customers within a matter of hours at absolutely NO cost that are hungry for what you have to offer and are willing to wip out their credits cards for?

If you answered 'YES' to either of these questions then your in luck.

WHY?

Because 'Joint Ventures' will do just that.

But, let me first explain to you what a Joint Venture is and what there advantages and disadvantages are before you get to excited.

There are always Pro's and Con's to everything so I think it's best you hear both.

First, let me define a Joint Venture. If you already know what a Joint Venture is, read it anyway. A Joint Venture is simply an collaboration or partnership undertaken by two or more entities (webmasters) for a mutual gain, usually profit sharing.

That's as simple as it gets.

And what makes Joint Ventures SO powerful you ask?

The answers simple. They allow you to leverage other peoples web assets(ex. Opt-In Lists and/or High Traffic Websites).

This is why Joint Ventures are such a great way to Jump-Start your online business, especially if you have a affiliate program in place.

Now your probably thinking, who makes the BEST Joint Venture partners?

Here's two simple answers - Newsletter owners and Website owners related the your Niche market.

Okay, those were the Pro's, now for the Con's.

The con's are... Locating them and Approaching them with an offer and getting them to accept.

That's it.

But, this can be quite the daunting task for someone new to Joint Ventures since the Internet is such a BIG space. Notice I said "space". That's why I wrote a Free *16* page special report just on this topic to give those just starting out some insight into Joint Venture marketing and its many benefits and at the same time take away alot of the guess work involved.

You can find out more about my special report and what you'll find inside through the link below ==>

[http://www.internetwondersezine.com/super-affiliate-report]

Lets face it, we all only have so much time in a day to get things done, so the more you know, the better off you'll be to getting the results you want to obtain through Joint Venture marketing.

So, before I end this article I'll leave you with some quick references for you to start with on where to find some responsive Joint Venture partners.

First, start with the Search Engines. Use the keywords that target your Product or Service. You'll then get a list of results. Now simply click through the links you think would make good potential JV partners.

(TIP: Just focus on the first 2-3 pages of results, then move on using a different keyword)

If you like what you see simply contact them by locating their contact information from their website.(That's were your approach comes into play. VERY Important!)

Other places to find them would be Forums, Newsgroups, Newsletter Directories and Membership sites.

Give these a try to start with.

I guarantee once you do your first Joint Venture and see the results for yourself you'll be hooked and on the look for JV partners every time you turn on your computer and surf the net.




Cory Threlfall is the Editor and Publisher of a strategic Online Business & Marketing publication called The Internet Wonders eZine - [http://www.internetwondersezine.com] - It's FREE! Also be sure to pick up your copy of his latest FREE *special report* on Joint Venture marketing tactics at ==> [http://www.internetwondersezine.com/super-affiliate-report]




Tuesday, November 22, 2011

How to build your list with a "Joint - Venture Give Away" event


Marketing Internet advertising as innovators is they simply throw all policies of the advertising written-in-stone of brick and mortar advertisers and designed new and effective ways to reach potential customers.

The Internet has changed the way people buy things. People do not have to dress, walk in the city, find a parking space, to keep searching for the products and/or services they want more online.

Marketing Internet have invented ways to reach potential customers who have been unprecedented in the world of bricks and mortar of advertising. This innovative marketing technique is called the "give Away event" or "Joint Venture give Away". Can you imagine a group of brick and mortar stores come together and agree to give free products for clients? I can't either. But that is exactly what happens in the event away from giving internet. What is the likelihood that Sears will give something for free for customers of JCPenney and vice versa? Exactly, very probably not. Brick and mortar stores would not even dream to give something for free to the stores that are not in competition with them. JCPenney would never give something for free customers to an automotive store even if JCPenney sells not motor supplies. It is just not in the world of bricks and mortar. But it is done on the Internet.

A joint venture Give Away is usually limited to a number of members. Each Member offers a free gift that is almost always digital and downloadable from its Web site. These gifts is usually e-books, reports, software and special on line tutorials which are useful for those in need. With their donations, each member actually give their valuable knowledge and experience that is relevant to their area of expertise for free. That does not happen too often in brick and mortar business. Once a joint venture give away is organized, each participating Member is encouraged to promote the event through several different ways, such as the sending of the event

announces the members of its mailing list, write an article on the event in his blog or social networking sites and place banners or links in the banner/link Exchange sites. All members of the event from give would then announce their free gifts and all the other members of the joint venture Give Away event. The people who have seen the announcement and who are interested in obtaining free gifts would go to the line on event and then download the free gift of their choice. Before you download their free gifts, they are normally asked for contact information such as their email. This is necessary in order to guarantee of their interest in the subject which is linked to the free gift they are about to download. For example, if you are serious to learn affiliate marketing, you in a heartbeat would your email information before downloading a free eBook on affiliate marketing. This is how each Member in the joint venture give after the opportunity to build its own list. The nature of the Joint - Venture Give Away, it has cultivated one of the most popular list build internet marketing opportunities.

The phenomenal success of the joint venture give away begs the questions, how to give one set up a successful joint venture below or find one to join? The answer to find one to reach is really very simple. You just do a search for the "Joint Venture Give Away" with your favorite search engine and you will find more than a few. Choice Joint Venture Give Away to join may be slightly more severe. Remember that you may be required to send all offers in a joint part package to all members of your mailing list.

You want to be sure that the offers are those that your members will find unobjectionable so that you know who will be the other participants, and that they will propose as free gifts. That case, by creating your own joint venture give is probably the most viable option. It's quite simple to establish a joint venture Give Away. However, it will take lots of hard work. Instead of advertising for joint venture partners, to participate in your joint venture give, seek to each partner individually and limit the number. For example: If you sell practical books Marketing Internet, you can choose two or three other merchants who sell similar products. Then, you can find other merchants that sell products which are not on your niche as a merchant that sells golf supplies and a person who sells lessons in piano, for example. Make your give the Joint-venture far also versatile, you can.

Were people really several dimensions. They are interested in many different things and those who belong to a mailing list may be interested in another mailing list. These people are willing buyers and sometimes they buy products and services that are offered in a joint venture Give Away as well.

Internet marketing are always looking for ways innovative and new build their lists to market themselves and their products and services. The joint venture give away is certainly an example of their capacity for innovation!




Mutiara Hobbs is Internet, affiliation and marketing network, whose passion is helping novice marketers who would like to find their potential customers and make money online. Visit his blog, internetnetworkmarketing101.com for more ideas. Visit this Joint venture Giveaway event for tons of free online marketing tools (ebooks, graphics, software, etc.).




Joint Venture Marketing Not a Country Club


Joint Venture Marketing and business match making web sites and consultants are beginning to pop up all over the internet, and the affiliate marketing arena is leading the pack.

New arrivals to the internet marketing scene are reading the illustrious e-books on Joint Venture Marketing and devouring the promises of instant credibility and overnight profits. However, what many find out when getting to the web site promoted in many of these e-books, is yet another site filled with highly published names, but little substance.

Acceptance into the "Good Ole Boys" network charges fees that would rival many country clubs. But what do you get out of it? Is it worth $75.00 a month or more for the honor of rubbing elbows with top earners? Is there a service provided somewhere in all the hype?

As with anything you consider exchanging your dollars for, it's a buyers beware situation. And again, educating yourself before plunking down your dollars is critical to finding successful joint ventures without having your wallet needlessly eviscerated.

Joint Venture Marketing is the temporary partnering with another entity for the mutual benefit of participating parties. It is a delicate, intricate and sometimes labor intensive construction of a relationship that has to be based on an element of trust. This isn't done overnight, no matter what some e-books tell you. It can be enormously profitable, but your profits are reflected by the groundwork you put into it.

A Joint Venture, in the internet marketing arena could vary in nature, from something as simple as a link exchange, to a full blow agreement to promote a product to another party's consumers. Finding a business that can exchange ads, endorsements, offer a testimonial or trade promotions of each other's e-zine lists takes time and research.

Searching for joint venture marketing is akin to the singles dating scene for business. There is a matchmaking art to it that should be recognized and practiced. Some do's and don'ts for your foray into joint ventures:

Don't - just fire off generic letters of proposal to a mass of potential partners.

Do - Get to know your potential partner(s) before offering a deal. This means possibly signing up for their newsletter, or emailing them and showing an interest in their business. Don't be afraid to ask questions. Most businesses online will be flattered with genuine questions about their product or service.

Don't - focus on yourself or your product when writing your proposals.

Do - Focus on the fulfillment of the needs of your PARTNER'S CLIENTS, in relation to your product. A person coming to you to buy a drill doesn't want a drill, they want a hole. A person looking for insurance doesn't want insurance, they want protection. A person looking to buy advertising doesn't want advertising . . . they want SALES.

Don't - Lay everything on the table in your first contact or email, even in the proposal itself. You are not placing an ad, so don't write your proposal like a sales letter.

Do - Write a short, three to four paragraph proposal to include the BENEFIT to your potential partner's clients, and the benefit to your potential partner (is it splitting profits on the sale, or exchanging endorsements). You can work out the details later if he is interested. Get something in agreement in writing before allowing the promotion to take place.

Allow your potential partner to ask questions about your service as well as yourself. He is considering endorsing your product to a client base that he's worked hard to acquire. Therefore, he also needs to be able to trust you and your ability to deliver. Don't be offended. This is a positive sign! Reply with empathy.

If designed properly, a joint venture marketing deal can open many doors for you, not only in sales, but in building a business ally, acquiring new clients, expanding services and appeal for your potential partner, as well as saving you money in advertising costs.

Haphazardly diving into joint venture deals can also result in stolen ideas or a ruined reputation. All sides of the deal must do their homework on respective members of the deal, and the product being presented. A bad deal can cause backlash for both parties.

I have participated in partnerships that have netted me thousands in sales in a short amount of time. I have also been a victim of a bad deal that killed one of my affiliate programs. I could run a graph of the varying experiences I've had, but the bottom line is this . . .

The reason Joint Venture Marketing is so appealing is because it works. If approached professionally and researched thoroughly, a joint venture deal can effectively launch your new business, obtain more sales in a shorter amount of time and enhance your credibility while significantly reducing your advertising costs. Of all the methods of advertising and marketing online today, it is probably the least risky in terms of ROI (return on investment).

If you are unsure about how to approach a deal, then get some help. There are services online that will broker a deal for you, or match your particular product or service to other complimentary businesses out there. If you are new to this, it is worth it to use these services.

Find a brokering service that will walk you through deals, so that you can learn and eventually find deals on your own. Do a search on "Business Matchmaking", "Joint Venture Brokers", or "Joint Venture Marketing Dealmakers". However, you will want to take the same due diligence before laying down your money.

Some business matchmaking services will charge you a monthly fee that usually runs about the same as a dating site. Other services will only charge you a small percentage of the profits generated. Others will charge you an up-front fee or all of the above.

Find what you need, email them and research any service. Ask for referrals. Inquire on their record. There are good services out there and it pays to use them if you feel you need some help getting started.

I highly advocate Joint Venture Marketing, if treated as a professional marketing technique and not a punch-line. It's not a country club for the self-exploited internet marketers. It's a viable and highly profitable alternative to the ever-increasing cost of marketing your business. Handle it with care.




Bonnie manages a joint venture marketing membership site where she assists new product development and marketing through writing articles, press releases and matching potential partners at http://www.trinityonlinemarketingschool.com