==== ====How to use Joint Ventures for Fast Profits go to:http://tinyurl.com/79zxkpl==== ====Internet marketing is a long-...
A joint venture is like a marriage. A good JV can create fortunes. It can bring together productsand services, free media ...
on each others ezines. The ezine owners may pay you $100. In return, they get $1000 ofadvertising, build their opt-in list...
This is not a get rich quick scheme. Yes, it does take work to make $1000s a week. I wont kidyou. But look at it this way....
Upcoming SlideShare
Loading in …5

Begginers Guide To Joint Venture


Published on

Introduction to the Joint Venture for internet marketers

  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Begginers Guide To Joint Venture

  1. 1. ==== ====How to use Joint Ventures for Fast Profits go to:http://tinyurl.com/79zxkpl==== ====Internet marketing is a long-time commitment between you and your online customer base. But,what is Internet marketing? At its most basic level, its the process of putting a product in front of aconsumer, selling the product, and asking the consumer to return. But this is only the first part of astrong internet marketing strategy.Internet marketing is also about making a website work its best for you, the business owner. Thatis why the successful formulas, secrets, and My strategy for wealth schemes do not work. Thereare no Ten Steps to Success for Internet marketing. What works for one business, will not workfor another.In the internet world, instead of two companies coming together in a merger, they form a jointventure.The Commonwealth Alliance Program anticipates that strategic alliances (Joint Ventures)accounted for 25% of all revenues in 2005, a total of 40 trillion dollars. "This figure has beensteadily growing over the past years as more solopreneurs and Work At Home Parents (WAHPs)decide to unite to augment their revenue in the highly competitive global environment."It all comes down to understanding all of the strategies and picking the right one for your business.In simple terms, internet marketing strategy is the how and why of online sales.Joint VentureThe term Joint Venture is a simplistic process in the Internet marketing realm. A Joint Venturemeans different things to different online businesses. You can use a Joint venture to build youropt-in list, earn income, increase hits, and increase exposure. A joint venture in the internet worldoperates differently than it would in the brick and mortar world.An example of a joint venture in the brick and mortar world would be a gym coming together with acompany that produces body building supplements. The gym needs equipment to operate, andthey may sell some products on the side.An example in the internet world would be a content rich, 1,000+ page niche web site that affiliatesfor a company selling products to that niche. The content rich site is well optimized and ranks wellwith all of the major search engines, and has its own large, loyal list of unique users. They need aproduct to sell.A Joint Venture represents the easiest way to start an online business, and increase revenue. Infact, for many new entrepreneurs, it is the only 100% risk-free methods of marketing.
  2. 2. A joint venture is like a marriage. A good JV can create fortunes. It can bring together productsand services, free media attention, and resources to cut down the amount of time needed to spendpromoting and marketing. There are four players in the JV world, each works together to create awin-win situation for all.The ProductIt can take a long time to find a list owner who will take a new product. Most list owners wantproducts with a proven value for their subscribers. There are thousands of list owners. Productowners uses these lists to leverage their sales and split profits with the list owner.The trick for product owners is to find lists with an incredibly narrow niche. This can be hard. Manylist owners try to be everything to everyone. A list with a target audience will produce more salesthan a larger list that has a broader audience.Remember that the brokers and customer list owners have something that you need - trust. Youcannot buy trust, so when it comes to negotiating with them, do not try and nickel and dime them,especially if your product does not have a proven track record.Mailing List OwnerProduct owners arent the only ones who can profit nicely from joint ventures. Often a productowner will offer a much higher affiliate commission to the owner of a large, targeted list, forpromoting the product. This is a win-win situation for both parties - the product owners sales willoften explode right after the product is announced to a large, responsive list. And the list ownermakes a nice commission on the product, all for taking an extra 5 minutes to mention the productin his or her newsletter.Some of the best places to build opt-in lists are free and fall under the radar of most internetmarketers. For example, did you know that Myspace now drives more hits to websites than MSN?Or, did you know that you can buy the top space on Google, Yahoo, MSN, and Altvista for lessthan $50 a month? Yes, thats right.This is a great time to get building a list. The internet is still not awake to the idea that Web 2.0doesnt work the same way as the old websites. You no longer need to spend so much timeoptimizing your websites. In fact, MSN is the only major search engine that really cares aboutmeta tags anymore. The rest of the search engines use keyword density to ban websites thatpump more than 5% of a keyword.It is easy to find brokers who will help you build a list. This is because few people work at buildinglists. The Brokers need these lists to survive.BrokerThe Brokers job is to match the right product to the right list of customers. A good broker willcharge a percent from both sides for as long as the joint venture remains, which could be years.This is a great job for someone who is internet savvy, a real people person, and who can sell newconcepts to people. The first step for a new broker is to join the forums, ezines, and communitiesthat will put them in contact with products, and then do the same with content rich websites thatunder-utilize their marketing ability.An easier way to do this is to contact hundreds of ezines, and get them to pay a fee for advertising
  3. 3. on each others ezines. The ezine owners may pay you $100. In return, they get $1000 ofadvertising, build their opt-in list, and hike up the prices they charge their advertisers.Providence ManThis is the most neglected Joint Venture method. It requires a lot of research, and there is failure.But, eventually, the providence man will earn 50% of all direct sales.The providence man searches for great products that have poor exposure. They identify a productor service, review their web site, sales letter, order forms, web design and many other things, thenrecommend improvements. In this way, a providence man is sort of like the systems analyst of thebrick and mortar world.Then, the providence man will arrange a Joint Venturing agreement with the product owner. Thisis great for the person who is more at home on the internet than in the brick and mortar world. Ifyou have already formed yahoo groups, have an ezine, host chats, sell ebooks, then you are anatural.For example, you may know a lot of people who have created their own business software. You inturn build a contact list with dozens of ezines, websites, and forums where small businesses arelooking for something easy, cheap, and reliable. Now, ask the programmers if they would bewilling to pay you 10, 20, and even 50% of all sales through those ezines. In return, you pay theezine owner 2 - 10% in sales.ScamsThe introduction to the Joint Venture world can be treacherous. Many of the new list-buildingcommunities are nothing more than old safe list programs cloaked as Joint Venture communities.They charge a fee to join, and offer nothing. Their products are rarely more than the secret to mysuccess or how to make a million overnight programs that used to be sold from websites andforums.A certain amount of wading through scams is to be expected. However, once you find the realbrokers and providence men venues, there is a fortune to be made.Why It WorksOne of the easiest to break into Joint Ventures I have seen is in the blogging sphere. The bloggerbuilds 10 plus blogs and gets hundreds of hits. They ping daily, write free articles to build links,and build subscriber lists. The Internet Marketing companies pay them $5 - $10 per blog, to post apress release or ad from their clients. I know bloggers who write 200 blogs a week, post 50 ads inthem, and make $500 - $1000. It is that simple.This does not mean that a person who has a dynamite online course cannot hook up with one ofthe major players in their niche, and create a partnership with that one person, earning moneyhand-over-fist.The reason why more people are not profiting from Joint Ventures is because they do not believethat the system works. That is because they lack vision. Yes, to many people it does soundimpossible to make $1000s a week, but that is because they are thinking like a laborer. Not like asolopreneur.
  4. 4. This is not a get rich quick scheme. Yes, it does take work to make $1000s a week. I wont kidyou. But look at it this way. The internet transfers literally trillions of dollars in wealth every year.The measly $1000 you have been promised, in return for 100 - 500 hours of prep work, over a fewweeks, or months, is totally in proportion to the hundreds of thousands of dollars that will tradehands in the time it takes you to read this report.How Joint Venturing WorksJoint Venturing profits all parties, without any cash investment whatsoever. The parties rely upontwo basic marketing rules. The first is that people buy from someone they trust and know. Thesecond, there is more money in the list and backend sale, than there ever is in the initial sale.A joint venture can be as simple as exchanging banners and text links. Most websites haveengaged in a Joint Venture with Googles Adsense program. Or, it could be a complex casewhere a content rich website with client lists finds products to sell in exchange for a percentage ofthose sales.The beauty of a Joint Venture is that you do not need to sign away any of your business. This isnot a merger. It is a symbiotic relationship where two entities will use each others strengths toensure their survival in the vast world wide web.Khemal Dole owns and operates http://www.PaychecksDirect.com, a completely FREE servicewhich helps many first-timers and even experts find their perfect Work At Home job. Visithttp://www.paychecksdirect.com right now and see for yourself why so many are flocking to hissite.Article Source:http://EzineArticles.com/?expert=Khemal_Dole==== ====How to use Joint Ventures for Fast Profits go to:http://tinyurl.com/79zxkpl==== ====