Four Easy-Peasy Steps to Forging A Powerful Joint Venture
Developing Win-Win Joint Ventures is the fastest and most profitable way to explode your online sales and increase your profits.
If you were online marketing, have heard for a long time, I am sure you have the term "joint venture." Some of you will know what it can do some of you does not mean. Thus, we define the concept, and I'll share my simple four-step formula for creating a win-win joint venture share.
In the Internet marketing world, a joint venture (JV) is aPartnership between you and another business selling a product online, by sending an e-mail to a mailing list. Sometimes you have the product, and your partner has the list. Sometimes it is reversed. And sometimes you can cross your own products, and lists and contribute to each other from now.
In any case, it is a joint venture.
Sounds easy, right? It can with the right product and the right partner ... and the right approach. If you follow the easy stepsdescribed below, you can on your way to creating a win-win joint ventures.
So what's the secret?
If you are a good idea, access or resale rights to a great product or a mailing list respond to (size really) does not matter, you are a perfect candidate for a successful joint venture to create.
Secret # 1: Do It Now!
Just like Nike, you'll never get into something when you sit at your computer with your great idea locked inside of you. Take place the risk - the question. Identifypotential partners to share and make contact with your idea. The worst thing they can say is no. Just do it! You do not have a big name or million-dollar call someone to have a JV approach. What matters is the fit of your product or service to their list, or vice versa.
Secret # 2: Bringing the right partners
We all know the names of the great Internet marketing players: Alex, Armand, Michael ... these are the guys with millions of names on their lists. "Wow ... he has a hugeList ... I can make a fortune! "Not necessarily. While a large list is appealing, what matters most is the fit.
So who do you approach? If you sell chia pet custom designs, does not deal with Armand Morin. Chances are, your service is not right for its market. If you sell wedding planning services, to approach a wedding officiant. The trick is to approach people that offer complementary products / services, but not in competition, your offers.
Secret # 3: Get Personal
Getting up closeand personally is the best way to JV success. Do your homework: The potential partner-site visit to try some of their products and find the names of the main actors in the organization. Learn everything you can about their business and not ignore the human factor - something about their characteristics and personality. You can learn a lot about a person by the words they use to express themselves or as an indication that others choose to talk about them.
When you are ready to approach, let your ownPersonality shine through. Ensuring Write your e-mail be personally and to the point, but that you are out from the crowd. A form letter will not grab anyone's attention.
Secret # 4: Think Win-Win --
The best joint ventures are to win those in which both parties - both professionally and personally. Do not get me wrong, money is good - make a lot of money is even better, but major joint ventures are more than just the bottom line. A GREAT JV is one that benefits both parties andbegins a relationship that contributes to the next profitable project.
Remember: No matter what product or service you promote, you can find great JV partners to help you sell more in less time. And who knows, maybe you'll create the foundation for a beautiful friendship.
