The 3 Main Types of Joint Ventures for Internet Marketers Today

When I have looked back and the joint ventures I have been involved in they all stem from three main categories. Everything else is really a combination of 2 or 3 of these.

1. Promotion of your product

You can joint venture with a partner and have them promote your product for a set commission (this is very similar to an affiliate program); you might also promote one of your partners products at a later date.

2. Creation of a new product

You can joint venture with someone and create a whole new web site or product. Many of the most successful marketers to this since two minds are better than one and they can both work on their strong suits.

3. List building

Another popular joint venture is helping one another build each other's list. You could both simply send an email out to your lists and cross-promote one another. You'd get new people from your partners list and they'd go new people from your list.

The best joint ventures are a combination of all three, brainstorm ways where you can do all three for you joint venture partners and you will find that more of them will want to promote your offers.

Here's an example of a way you could combine all three.

1. Ask potential joint venture partners to contribute to an eBook - this creates a new product

2. Have them donate a product when someone purchases this eBook - this is the list building element

3. Have all of the joint venture partners promote - here is your promotion element

If you did that you'd have a product that would be in the hands of many people, you'd earn money and become the expert just by association on that topic.

It's win/win - now go out and do it!

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