3 Sure-Fire Ways to Make Money with Joint Ventures!
| Category: Marketing | Date: 2003-10-20 |
Effective joint ventures help you promote your business, maximize your profits, and decrease your workload. JV partnerships are one of the fastest and easiest forms of FREE promotion around! Whether youre a JV master or have never tried joint ventures before, these 3 easy JV methods will help you expand your business, make more money, and increase your publicity with minimal effort:
1. PROMOTE YOUR PRODUCT(S) IN OTHER PEOPLES EZINES.
One of the best and fastest ways to make money with this JV technique is to ask ezine publishers to review your product, and to do a special mailing endorsing it to their subscribers if they like what you have to offer. Just make sure that the audience is VERY targeted to your product, or this technique is useless.
Its best to offer them a percentage of your profits generated from those sales as "payment" for endorsing your product to their readers. Even if you offer them 60%, and you only take 40%, youll still be coming out ahead. Why? Because, in addition to the money, youve also added dozens or even HUNDREDS of new customers to your customer list. And, once people have made a satisfactory purchase from you, theyre much more likely to do so again.
2. PROMOTE OTHER PEOPLES PRODUCTS IN YOUR EZINE, OR ON YOUR WEBSITE.
If you dont have your own product, approach people that do, and ask if YOU can endorse their product in YOUR ezine. If you dont have an ezine, you can put links up on your website for their product. If you get lots of traffic to your site, this can be a very attractive deal for the other marketer. Just make sure to work out the terms of your agreement thoroughly beforehand, and be sure that youre getting a fair commission from each sale.
3. ARRANGE JOINT VENTURES BETWEEN COMPATIBLE PARTIES.
This one will work for you even if you DONT have a website or ezine. Your job would be to find ezine publishers that have a relatively large subscriber base that trusts the publishers recommendations. Ask the publisher if theyd like you to arrange joint ventures for them, which will involve running endorsement mailings in their ezine for someone elses products, for a good share of the profits.
Find someone with a product that would be useful to subscribers of that publishers ezine, after first checking it out yourself. Then, introduce the product to the ezine publisher to see if theyd like to endorse it. If so, work out the profits 3 ways, between you, (the organizer), the publisher, and the product creator or author.
If the publisher decides that the product is NOT something that theyd like to endorse for whatever reason, and youre sure its a quality product, just introduce the product again to the other publishers that youve contacted to set up JV partnerships for. Youll find a few of them that will be interested in endorsing the product to their subscribers, meaning more profit for you, the publisher, and the product author.
CONCLUSION
Arranging joint ventures is just that easy. It takes time, but its worth it in the long run. You end up with more customers, more money, and less expense, as joint venturing is usually FREE! And even better, you can make a profit in as little as a few days to just a few MINUTES from when you initiate the partnership.
Dont limit yourself to trying just one of the JV methods above. The more methods you try, the more money you make. The more positive relationships you form, the more successful you are. If you find one that works best for you, focus on that one. Just know that the more avenues you experiment with, the more profit potential you have.
Success!
About the Author
Harmony Major is the author of Yahoo! Secrets, where she reveals how YOU can drive HUNDREDS more visitors to your site each day, by getting a #1 listing on Yahoo. Dont just settle for "getting listed." Use her instantly-effective tactics to boost your site traffic with a TOP Yahoo listing!
Harmony Major
Harmony@ExpertOnEbiz.com
URL
http://YahooSecrets.com
Harmony@ExpertOnEbiz.com
http://YahooSecrets.com
1. PROMOTE YOUR PRODUCT(S) IN OTHER PEOPLES EZINES.
One of the best and fastest ways to make money with this JV technique is to ask ezine publishers to review your product, and to do a special mailing endorsing it to their subscribers if they like what you have to offer. Just make sure that the audience is VERY targeted to your product, or this technique is useless.
Its best to offer them a percentage of your profits generated from those sales as "payment" for endorsing your product to their readers. Even if you offer them 60%, and you only take 40%, youll still be coming out ahead. Why? Because, in addition to the money, youve also added dozens or even HUNDREDS of new customers to your customer list. And, once people have made a satisfactory purchase from you, theyre much more likely to do so again.
2. PROMOTE OTHER PEOPLES PRODUCTS IN YOUR EZINE, OR ON YOUR WEBSITE.
If you dont have your own product, approach people that do, and ask if YOU can endorse their product in YOUR ezine. If you dont have an ezine, you can put links up on your website for their product. If you get lots of traffic to your site, this can be a very attractive deal for the other marketer. Just make sure to work out the terms of your agreement thoroughly beforehand, and be sure that youre getting a fair commission from each sale.
3. ARRANGE JOINT VENTURES BETWEEN COMPATIBLE PARTIES.
This one will work for you even if you DONT have a website or ezine. Your job would be to find ezine publishers that have a relatively large subscriber base that trusts the publishers recommendations. Ask the publisher if theyd like you to arrange joint ventures for them, which will involve running endorsement mailings in their ezine for someone elses products, for a good share of the profits.
Find someone with a product that would be useful to subscribers of that publishers ezine, after first checking it out yourself. Then, introduce the product to the ezine publisher to see if theyd like to endorse it. If so, work out the profits 3 ways, between you, (the organizer), the publisher, and the product creator or author.
If the publisher decides that the product is NOT something that theyd like to endorse for whatever reason, and youre sure its a quality product, just introduce the product again to the other publishers that youve contacted to set up JV partnerships for. Youll find a few of them that will be interested in endorsing the product to their subscribers, meaning more profit for you, the publisher, and the product author.
CONCLUSION
Arranging joint ventures is just that easy. It takes time, but its worth it in the long run. You end up with more customers, more money, and less expense, as joint venturing is usually FREE! And even better, you can make a profit in as little as a few days to just a few MINUTES from when you initiate the partnership.
Dont limit yourself to trying just one of the JV methods above. The more methods you try, the more money you make. The more positive relationships you form, the more successful you are. If you find one that works best for you, focus on that one. Just know that the more avenues you experiment with, the more profit potential you have.
Success!
About the Author
Harmony Major is the author of Yahoo! Secrets, where she reveals how YOU can drive HUNDREDS more visitors to your site each day, by getting a #1 listing on Yahoo. Dont just settle for "getting listed." Use her instantly-effective tactics to boost your site traffic with a TOP Yahoo listing!
Harmony Major
Harmony@ExpertOnEbiz.com
URL
http://YahooSecrets.com
Harmony@ExpertOnEbiz.com
http://YahooSecrets.com
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