The Joint Venture Partner “The Joint Venture Partner” Discovering the “Win-Win” Situation and How to Move Your Name from the Shadows to the Spotlight What Is a Joint Venture Partnership? A Joint venture partnership is what I like to call, “Master Sales Force!” The best JV partners are an invincible army of salesmen and women. Joint Ventures (JVs) are one of the most powerful tech- niques you can employ to get your niche business up and running. If they are done right, Joint Ventures can help you start making money almost immediately online. “It’s simple math. You can take 100% of what you manage to sell… or 50% of what a bunch of people can sell….” If you're not sure what a joint venture is, let me explain. Here's how it works in very simplistic form: · A has a product which he wants to get to the market · B has a list which targets just the right market for A's product · A finds B and sets up a Joint Venture with B · B promotes A's product to his list · A and B both share the profits from sales of the product · It's a win-win arrangement for them both. But you need to know that a joint venture is so much more than just promoting each other’s products. Joint venture partnerships can be used in almost any part of your business both online as well as offline. The Joint Venture as Part of Your Product or Planning Stage Most people think a joint venture needs to have… “I have a product, you have a list, you promote my product” – but joint ventures are so much more than that if you do them right. Bringing in your potential JV Partners as part of the project is huge. Your JV Part- ners now have a vested interest in your success. A true joint venture includes bringing in your potential JV Partners either in the planning phase, or part of the product development, and as part of the content it- self, etc. By doing so, you will create a venture where you’re JV Partners have a true vested interest in seeing your product and your efforts succeed. They will be involved with the efforts and no longer are just selling, “just another product someone wants me to pitch”. Integrate your potential JV Partners somewhere in the process before the end which we are going to say is the launch of the product. You want to include them in the process from the very beginning. Finding JV Partners Finding good joint venture (JV) partners is not as easy as you may think. These partners can have a great impact on the success of your products or services, so you need to select them carefully before you even think about contacting them. Identifying potential Joint Venture (JV) Partners is relatively easy online, as there are so many places to locate them. Getting them to say yes is another story. Google or Search Engine Strategy It is easy to find joint venture partners. One way is to use Google. You will want to search for your keywords in the paid and non-paid listings. For example, suppose you have started an Internet Marketing Business and are looking for JV partners. To find JV partners go to Google and type in “Internet Marketing newsletters” and “Internet Marketing tips”. Go to the websites that post Google Ads for these keywords. You will want to make sure that you click on the links provided by Google Ads. These that are advertising here are paying money to advertise in their niche. Most of the time you will find those that are paying for advertising will be a little more serious and profitable company. So click on the “Sponsored Links” in Google. As soon as you land on the website you have chosen, examine it to see if it is a good joint venture partner. There are a few ways to go about this that may take some time but are the ways I really recommend you go about checking to see if they will indeed be a good fit for your products The best way is to join their list, forum, and/or any message boards they may have. The more of a community a website has the better. This is usually a sure fire sign that they are indeed in the game when it comes to a thriving business. Google will search for other Internet marketers and businesses that are in your niche. Sometimes you can find contact information by clicking on the website linking and finding the information at the website. Another option is to find contact informa- tion for a website by running that website through www.whois.com. Find contact information on at least twenty-thirty Joint Venture Partner possibilit- ies. Try to find products or services that would fit with yours, and contact their creator(s). You won't get them to promote your stuff if you don't try, so just give it a chance! The more complementary the products or services will be, the better chance you will have to boost your sales!
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