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		<title>Jump Start your Business in 2010 Using Joint Ventures</title>
		<link>http://www.internetmarketingprofitscenter.com/blog/jump-start-your-business-2010-joint-ventures/</link>
		<comments>http://www.internetmarketingprofitscenter.com/blog/jump-start-your-business-2010-joint-ventures/#comments</comments>
		<pubDate>Mon, 18 Jan 2010 14:54:08 +0000</pubDate>
		<dc:creator>Valeriu Popescu</dc:creator>
				<category><![CDATA[Internet Profits Tips]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[internet marketing]]></category>
		<category><![CDATA[Joint Venture]]></category>
		<category><![CDATA[joint venture marketing]]></category>
		<category><![CDATA[joint ventures]]></category>
		<category><![CDATA[JV]]></category>
		<category><![CDATA[make money online]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[profits]]></category>
		<category><![CDATA[start an online business]]></category>
		<category><![CDATA[strategic partners]]></category>
		<category><![CDATA[venture partners]]></category>

		<guid isPermaLink="false">http://www.internetmarketingprofitscenter.com/blog/?p=261</guid>
		<description><![CDATA[2009 was a hard year for me and based on the things I learned I want to give you an input on how to make 2010 your best business year ever. But first try to answer the following questions before continuing to read: - Do you have an online business that you just completed making [...]

<br><br>
Related posts:<ol><li><a href='http://www.internetmarketingprofitscenter.com/blog/strategies-successful-joint-ventures/' rel='bookmark' title='Strategies for Successful Joint Ventures'>Strategies for Successful Joint Ventures</a></li><br>
<li><a href='http://www.internetmarketingprofitscenter.com/blog/joint-venture-hosting-niche-markets/' rel='bookmark' title='How To Become A Joint Venture Master In Niche Markets Even When You&#8217;re Broke'>How To Become A Joint Venture Master In Niche Markets Even When You&#8217;re Broke</a></li><br>
<li><a href='http://www.internetmarketingprofitscenter.com/blog/insider-secrets-to-marketing-your-business-on-the-internet-review/' rel='bookmark' title='The Insider Secrets to Marketing Your Business on the Internet Review'>The Insider Secrets to Marketing Your Business on the Internet Review</a></li><br>
<li><a href='http://www.internetmarketingprofitscenter.com/blog/joint-venture-rich-schefren-jay-abraham-league-of-extraordinary-minds/' rel='bookmark' title='Joint Venture with Rich Schefren, Jay Abraham and The League of Extraordinary Minds'>Joint Venture with Rich Schefren, Jay Abraham and The League of Extraordinary Minds</a></li><br>
<li><a href='http://www.internetmarketingprofitscenter.com/blog/profits-email-lists/' rel='bookmark' title='Boost Profits Using Nothing More Than Your Email List'>Boost Profits Using Nothing More Than Your Email List</a></li><br>
</ol>]]></description>
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<p>2009 was a hard year for me and based on the things I learned I want to give you an input on how to make 2010 your best business year ever.</p>
<p>But first try to answer the following questions before continuing to read:</p>
<p>- Do you have an online business that you just completed making with all the links and key performing properly and have an affiliate program but you need to jump-start it with no cash for promotion?</p>
<p>- Do you want your goods or services in front of thousands of customers within hours without spending a single penny for the offer?</p>
<p>- Do you want to make more money WITHOUT your own products/services or mailing lists?<br />
<span id="more-261"></span></p>
<p><strong>Joint venture</strong> is right for you if you answered &#8220;yes&#8221; to one of these questions. <strong>Joint ventures can give you FREE advertising and also targeted traffic</strong>.</p>
<p>Before getting eager, you should first know that joint ventures have advantages and disadvantages as it is with everything in life!</p>
<p>Firstly, you have to know what joint venture is.<strong> A joint venture is a collaboration or partnership by two or more companies for mutual gain, usually profit sharing</strong>. It’s that simple. You might ask what makes a joint venture very advantageous. Joint ventures allow you to use other people’s web assets, like targeted web traffic.</p>
<p>Another is that you can expand your credibility by joining up with different reputable, branded business.</p>
<p>With joint venture you can obtain new leads to customers, get discounts on products and services, save money on business management expenses, you can have an advantage over your competition, get referrals from other businesses, save lots of time and money on advertising, gain valuable skills and knowledge, safeguard your cash flow, get rid of extra inventory of your products. Also, by saving money, you can get out of debts much quicker.</p>
<p>With joint ventures, you can discover hidden income streams, trade unproductive products for money making ones to your partners, increase sales and profits, learn new information from experts for free, increase income by more affiliates wanting you to sign up for their company, you can offer your products at a much lower rate than that of your competitions.</p>
<p>This is why joint venture is a great method to jump-start your business, especially if you signed up as an affiliate.</p>
<p>What is the best joint venture partner?</p>
<p><strong>The best joint venture partner would be newsletter owners and website owners that are related to your website product and services.</strong></p>
<p>These are the advantages of a joint venture.</p>
<p>What about the disadvantages?</p>
<p>Well, the first one would be locating newsletter and website owners that are related to your product or services and getting them to accept your proposal.</p>
<p>This can be quite a task for someone who’s new to joint ventures. This is because the Internet is a very big place. And finding a newsletter or website owner can be difficult for a beginner.</p>
<p>This can also be difficult for someone who doesn&#8217;t spend much time in the Internet and only has an online business for making some extra bucks.</p>
<p>To find a responsive joint venture partners try to consider these following guides&#8230;</p>
<p>Since finding a joint venture can be difficult, you should do what most people do: use search engines, type in keywords that is relevant to the products or services you are selling.</p>
<p>After you typed in your search, you will get a list of results. Click on a link that you think would make a good potential joint venture partner. If it doesn&#8217;t accept your proposal then move on to the other sites.</p>
<p>Try to focus your search on the <strong>first two pages of the results</strong>, if you come up with no results, try using different keywords. If you see a potential joint venture partner, contact them by locating their contact information in their website (email address, phone number, fax, etcetera).</p>
<p>If you don&#8217;t find anything on your search results, you can <strong>find some potential joint venture partners in forums, newsletter directories, social networks and membership sites</strong>.</p>
<p>Write an article about your product and services and post them in article publishing websites, include a sentence that you are looking for joint venture partners. This way, a business will seek you out and not the other way around.</p>
<p>Once you find a business, email them about your joint venture proposal, tell the business owner the benefits of joint venturing with you.</p>
<p><strong>Explain to the business owner why it would be a win-win situation for both of your business</strong>. Also, people like to be complimented, do this on their business, website, products, articles and others.</p>
<p>OK folks, this is for today. More tips on how to joint ventures in the next coming posts. </p>
<p>In the mean time, post your comments here and don&#8217;t forget to check my book called <strong><a title="Web 2.0 Joint Venture Secrets Exposed System" href="http://www.web2jointventuresecrets.com/" target="_blank">Web 2.0 Joint Venture Secrets EXPOSED</a></strong>.</p>
<p>Inside of my book you&#8217;ll discovers things like&#8230;</p>
<p>- <strong>The &#8220;Anatomy of a Joint Venture Email&#8221; revealed!</strong> Step-by-step instructions for creating your first joint venture email message and follow-up sequence (which is where the serious money gets made!) &#8211; including sample emails, formatting tips, and much more. </p>
<p>- <strong>How to spice up the &#8220;sex appeal&#8221; of your proposal</strong>! (Depending on who reads the copy, different &#8220;arrangements&#8221; on your letter produce worst or better results.)</p>
<p>- <strong>How to attract joint venture partners and super affiliates</strong> to your S&#8230;&#8230;. L&#8230;&#8230; like a thirsty man to an oasis! This will make your name spread automatically online, and people will flock to you website over first!</p>
<p>- &#8230; and so much more!</p>
<p style="text-align: center;"><a title="Web 2.0 Joint Venture Secrets Exposed System" href="http://www.web2jointventuresecrets.com/" target="_blank"><img src="http://www.web2jointventuresecrets.com/banners/joint-venture-book-md.jpg" border="0" alt="Web 2.0 Joint Venture Secrets Exposed System" width="268" height="300" /></a></p>
<p>Listen, most people do JV&#8217;s on a trial and error basis, learning from their (sometimes painful) mistakes along the way. You don&#8217;t have to go through all of that, though, if you get your hands <strong><a title="Web 2.0 Joint Venture Secrets Exposed System" href="http://www.web2jointventuresecrets.com/" target="_blank">Web 2.0 Joint Venture Secrets EXPOSED</a></strong> system.</p>
<p>This is the most powerful and the ONLY ebook you will ever find on this subject, and it&#8217;s just a click away.</p>
<p>To Your JV Success,</p>
<p>Val</p>
<hr /><small>Copyright &copy; 2000-2010. Author: <a href="http://www.internetmarketingprofitscenter.com/" >Valeriu Popescu</a>.<br /> This feed is for personal, non-commercial use only. <br /> The use of this feed on other websites breaches copyright. If this content is not in your news reader, it makes the page you are viewing an infringement of the copyright. (Digital Fingerprint:479d73a45d2aab436537295db69cf353)</small> 479d73a45d2aab436537295db69cf353)</small><p>&copy;2012 <a href="http://www.internetmarketingprofitscenter.com/blog">Internet Profits Blog</a>. All Rights Reserved.</p>.

<br><br><p>Related posts:<ol><li><a href='http://www.internetmarketingprofitscenter.com/blog/strategies-successful-joint-ventures/' rel='bookmark' title='Strategies for Successful Joint Ventures'>Strategies for Successful Joint Ventures</a></li><br>
<li><a href='http://www.internetmarketingprofitscenter.com/blog/joint-venture-hosting-niche-markets/' rel='bookmark' title='How To Become A Joint Venture Master In Niche Markets Even When You&#8217;re Broke'>How To Become A Joint Venture Master In Niche Markets Even When You&#8217;re Broke</a></li><br>
<li><a href='http://www.internetmarketingprofitscenter.com/blog/insider-secrets-to-marketing-your-business-on-the-internet-review/' rel='bookmark' title='The Insider Secrets to Marketing Your Business on the Internet Review'>The Insider Secrets to Marketing Your Business on the Internet Review</a></li><br>
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]]></content:encoded>
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		</item>
		<item>
		<title>How To Become A Joint Venture Master In Niche Markets Even When You&#8217;re Broke</title>
		<link>http://www.internetmarketingprofitscenter.com/blog/joint-venture-hosting-niche-markets/</link>
		<comments>http://www.internetmarketingprofitscenter.com/blog/joint-venture-hosting-niche-markets/#comments</comments>
		<pubDate>Mon, 27 Jul 2009 16:54:23 +0000</pubDate>
		<dc:creator>Valeriu Popescu</dc:creator>
				<category><![CDATA[Joint Venture]]></category>
		<category><![CDATA[affiliate programs]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[hosting companies]]></category>
		<category><![CDATA[hosting services]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[online marketing]]></category>
		<category><![CDATA[Social Marketing]]></category>
		<category><![CDATA[website hosting]]></category>

		<guid isPermaLink="false">http://www.internetmarketingprofitscenter.com/blog/?p=228</guid>
		<description><![CDATA[Over the past years, website hosting has grown bigger than it used to be. With more companies getting into this business and finding the many benefits it can give them, the demand for website hosting has never been higher. These seem to be the trend of today. And to think, majority of those sites will [...]

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Related posts:<ol><li><a href='http://www.internetmarketingprofitscenter.com/blog/joint-venture-rich-schefren-jay-abraham-league-of-extraordinary-minds/' rel='bookmark' title='Joint Venture with Rich Schefren, Jay Abraham and The League of Extraordinary Minds'>Joint Venture with Rich Schefren, Jay Abraham and The League of Extraordinary Minds</a></li><br>
<li><a href='http://www.internetmarketingprofitscenter.com/blog/jump-start-your-business-2010-joint-ventures/' rel='bookmark' title='Jump Start your Business in 2010 Using Joint Ventures'>Jump Start your Business in 2010 Using Joint Ventures</a></li><br>
<li><a href='http://www.internetmarketingprofitscenter.com/blog/strategies-successful-joint-ventures/' rel='bookmark' title='Strategies for Successful Joint Ventures'>Strategies for Successful Joint Ventures</a></li><br>
<li><a href='http://www.internetmarketingprofitscenter.com/blog/strategic-internet-marketing-online-profits/' rel='bookmark' title='Strategic Internet Marketing: 6 Points Towards More Online Profits'>Strategic Internet Marketing: 6 Points Towards More Online Profits</a></li><br>
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</ol>]]></description>
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<p>Over the past years, <strong><a title="website hosting" href="http://www.internetmarketingprofitscenter.com/advertising/onlinetips/website-hosting.html">website hosting</a></strong> has grown bigger than it used to be. With more companies getting into this business and finding the many benefits it can give them, the demand for website hosting has never been higher.</p>
<p>These seem to be the trend of today. And to think, majority of those sites will be offering different affiliate programs for people to choose and participate into.<br />
<span id="more-228"></span><br />
This only means one thing. It is easier now to find the right website host for your application. The possibility of quality web hosting companies separating themselves from the rest of the industry is anticipated. If this is done, the unprofessional and incompetent ones will suffer <em>(trust me, I know a few &#8220;dudes&#8221;! They suck my brain for the last two days&#8230; but I don&#8217;t want to give names</em>).</p>
<p><strong>Support will be the number one consideration</strong> for people when choosing a website host. It will be obvious that traditional advertising will become less and less effective. Most people would rather opt for the website host based on things that they see and hear. Also based on the recommendations by those who have tried them and have proved to be a successful.</p>
<p>Speaking about customer support, here&#8217;s an email I receive this morning just when I was writing this article:</p>
<p>**********</p>
<p><em>Dear Valeriu,</em></p>
<p><em>In May of 2007 you placed a ticket with SiteName.com about<br />
affiliate payments due to you. We recently found your ticket and<br />
realized that we never completed this.</em></p>
<p><em>We audited your affiliate account and found that we owe you $xxx<br />
for payments that were made to your Paypal account before it was<br />
created, that were subsequently returned.</em></p>
<p><em>We have just made a payment to your Paypal account YYY for $xxx.</em></p>
<p><em>Let us know if you have any further questions on this.</em></p>
<p><em>[First Name Customer Support]<br />
SiteName.com</em></p>
<p><em>P.S. If you have additional comments/questions about this issue,<br />
please don&#8217;t hesitate to reply to this ticket which will reopen<br />
it. If you have another issue you would like to talk to us about,<br />
please open a new ticket.</em></p>
<p>**********</p>
<p>Can you believe THIS??!<strong> It was more than two years ago&#8230; they found my email&#8230; and send me the money</strong>. To be totally honest, I completely forgot about this issue. <strong>Now this is what I call a superb company with EXCELLENT customers service. I give them 10 out of 10!</strong></p>
<p>So always remember that when choosing a website host, choose the one that is known for its fantastic customer support. But don&#8217;t limit ONLY to this. Check my <strong><a title="website hosting" href="http://www.internetmarketingprofitscenter.com/advertising/onlinetips/website-hosting.html">Everything You&#8217;ve Been Taught About Web Site Hosting Is All Dead Wrong &#8212; The Shocking Truth Is Finally Revealed!</a></strong> report and you&#8217;ll discover 14 critical elements of a reliable hosting service.</p>
<p>This business is a great opportunity for website hosting affiliates and resellers alike. There are hundreds of website hosting and programs to choose from that the difficulty in finding the right one for them is not a problem anymore.</p>
<p><strong>How does one become a successful joint venture marketer in the niche markets using website hosting?</strong></p>
<p>If you think about it, everyone who needs a website needs a web hosting company to host it for them. As of now, there is really no leading hosting industry so most <strong>people choose hosts based from recommendations</strong>. Usually, they get it from the ones that have already availed of a website hosting services.</p>
<p>With the many hosts offering affiliate programs, there is the tendency to find the one which you think will work best for you. Think of the product you will be promoting. Pattern them to the site and see if they are catering to the same things as you are.</p>
<p>When you have been with one host for quite some time and seem not to be making much despite all your effort, leave that one and look for another. There is no use in trying to stick to one when you would be before off in another one. Things will only have to get better from there because you already have been in worst situations.</p>
<p>As competition is getting a bit bigger, you may need some ways to distinguish yourself from the rest of the online marketers. For the major reason that many of your competitors including you are promoting the exact same program, in the exact same zone or on the exact same websites perhaps.</p>
<p>Now here are some tips that you may consider in order for you to stay in this business and have the chance to outwit and outplay other competitors of yours.</p>
<p><strong>The first thing</strong> is for you to have your own website. It is very essential for you to have your own website in considering JV marketing on website hosting. Secondly, potential customers primarily go to websites in order for them to search and sometimes purchase items they were looking for.</p>
<p>For the same reason that it is much easier to remember than a certain URL that you may be using and you can just point to your visitors the JV page in your website. Besides, having your own  website nowadays is very cheap.</p>
<p><strong>Another thing to remember is to have your own promo ads</strong>. A lot of times online marketers have published the same ad made by advertisers (hosting companies). In this case, you may email company asking to allow you make your own ads.</p>
<p>This way people may not become &#8220;<em>immune</em>&#8221; to ads, because sometimes seeing the same ads over and over again may just make your potential customers to just skip it all together.  Besides, your primarily purpose is to attract or encourage people to click and read your ads and be curios enough to click through your website.</p>
<p><strong>Step three, have some products of your own</strong> which are only available through your website. For example, you can have a special report about the good and bad things on website hosting.</p>
<p>Once you have your website going, it is very important to have some products/services that your customers can&#8217;t find with other affiliate’s site. You want your customers to keep coming to your site and the best way to do that is to have something on your site that they can&#8217;t find on others.</p>
<p>Being a hosting JV marketer, you must then choose a certain market segment where you can have a potential leadership or at least a strong challenger role!</p>
<p><strong>The fourth step is to build a strong relationship with people who already buy your product/servic</strong><strong>e</strong>. Now, in order for you as a joint venture marketer to fully answer the query of your potential customers, it is best to try and buy the hosting package you recommend for yourself. With this particular action you can better sell the hosting that you are trying to market.</p>
<p>You can share to your potential customers what a great experience you had with the hosting company, and this can make them interested enough to buy the package. You may also be able to provide a support if necessary or you may provide a confident tutorial or steps on how to use the hosting that you are trying to market based on your personal experience.</p>
<p>Entailing this idea is to be totally honest about the package that you are trying to market. If you find out that the hosting program you were promoting is a scam, stop promoting it and inform your readers about it. This will help you build credibility with your lists! We all make mistakes and admitting your mistake will boost your reader’s confidence in you.</p>
<p>A fair warning: don&#8217;t try to market everything you see. With so many offers on the market, it is easy to become overwhelmed and try to market everything, to everyone, on the same place (your website). That is not a good idea. It’s better to focus on one market, with &#8220;hungry&#8221; buyers and market a webhosting product that they would want. After all, that&#8217;s why we call it niche marketing.</p>
<p><strong>Lastly, try this out.</strong> If you are quite happy and satisfied with your website host, try to see if they are offering an affiliate program you can participate on.<strong> Instead of you paying them, why not make it the other way around: let them paying you!</strong></p>
<p>The process can be as easy as putting a small &#8220;<em>Powered by</em>&#8221; or &#8220;<em>Hosted by</em>&#8221; link at the bottom of your page and you are already in an affiliate business. Why choose paying for your for your website hosting when you do not have to? Try to get paid by letting people know you like your website host.</p>
<p>There are many hosting affiliate programs on the Net. Some are offering you a residual affiliate program. This is the program wherein you get paid a percentage every month for a customer that you refer. This can allow you to have a steady monthly source of income. With perseverance, you can even be quite successful in this field.</p>
<p>Want to know more ways to set apart from the crowd?</p>
<p><strong><em>Consider offering coupons!</em></strong></p>
<p>As customers, we&#8217;re more likely to return and do business with people who give us freebies (or coupons) and we&#8217;re more likely to tell other people about our positive experience.</p>
<p>The Law of Reciprocity states that &#8220;<em>If you give someone something or do something for them &#8211; they will want to repay you, to give you something back</em>&#8220;.</p>
<p>Why don&#8217;t you think of some little unexpected coupons you can offer your customers that&#8217;ll encourage them to accept your hosting offer and also tell others about their positive experience? And while we&#8217;re at it &#8211; why not try the same thing with members of your staff (if you have)?</p>
<p>A few hosting companies gives you coupon codes that entitled new customers to reduce prices for hosting. Why not <strong>offer an extra $20 if they buy from you?</strong> Let&#8217;s face it, if they will buy and the hosting is great, they will remain clients for many years.</p>
<p><strong><em>Search customers offline!</em></strong></p>
<p>Most of the internet marketers seem to think of website promotion as just submitting to search engines, directories, link building and advertising in ezines or banner exchanges.</p>
<p>It is a known fact that most people in the world use most of their time offline. They read newspapers, magazines, listen to radio and watch TV, talk with their friends, neighbors and family. Not all the time is spent surfing on the Internet. To ignore the value of offline marketing is to leave 65-70% of the money to be made from your websites on the table.</p>
<p>I am sure you can think of many ways to use offline marketing, other than sticking notes on lamp-posts to create an awareness of your hosting offer. Think about: your competitors are missing out on something&#8230; always! Dig around until you discover what it is, and get a corner on that market niche.</p>
<p>You can check out offline venues for free advertisement like local newspapers, television stations, radio stations and the like. Often times these mediums are looking for new local businesses to highlight in their business sections and/or discussions. This is free advertisement and something you should take advantage of immediately.</p>
<p><strong><em>Use Web 2.0 social marketing strategies!</em></strong></p>
<p>According to Courtney Holt, head of new media and strategic marketing at Interscope Records, &#8220;<em>This generation is growing up without having ever watched programmed media. They don&#8217;t think in terms of the album, and they don&#8217;t think in terms of a TV schedule. They think in terms of TiVo, P2P, AOL, and of course MySpace</em>&#8220;.</p>
<p>Let&#8217;s see how your business could grow&#8230;  you create an account on multiple social networks and start to talk about your product/service or hosting offer. You blog about it and search for others that may share your interests.</p>
<p>You then invite them to be your friend. When they become a friend you start your &#8220;<em>soft sell</em>&#8221; pitching your offer to them. As they grow to appreciate it, they start blogging and sharing it. If done correctly, soon hundreds or even thousand of people are talking about you.</p>
<p>Don&#8217;t think this will work?<em> Let me give you an extreme example</em>. There are many bands who have gotten their start on MySpace. Simply by hosting some of their music online and blogging about themselves they developed a following. Soon they had record deals and contracts lined up.</p>
<p>Of course to use services like MySpace you need to come up with something this target market needs. If you don&#8217;t, then you probably shouldn&#8217;t put too much effort into MySpace. But that doesn&#8217;t mean other social networking opportunities should be overlooked. LinkedIn is more of a professional introduction service. If your product or service fits here then by all means explore it further.</p>
<p><a title="Web 2.0 Joint Venture Secrets EXPOSED" href="http://www.web2jointventuresecrets.com/" target="_blank"><img src="http://www.internetmarketingprofitscenter.com/images/joint-venture-book.jpg" border="0" alt="" width="179" height="200" align="left" /></a> And there are others as well. Services such as Yahoo!s MyWeb, Flickr, Facebook, Delicious, Technorati, Twitter, StumbleUpon, and more&#8230; ALL can give your business a boost!</p>
<p>So if you&#8217;ve ever wondered what other online opportunities could be out there, consider social marketing.</p>
<p><em>It is the greatest online marketing channel of the moment.</em></p>
<p>But if you feel uncertain about social marketing, help is at hand. My book called &#8220;<strong>Web 2.0 Joint Venture Secrets EXPOSED</strong>&#8221; includes hundreds of practical, nitty-gritty tips, tricks and techniques.</p>
<p>You&#8217;ll discover things like:</p>
<blockquote><p>* <strong>How to start your joint venture business right now</strong><br />
* The biggest and most profitable JV opportunities<br />
* <strong>Write an email proposal that get read and responded to</strong><br />
* How to write a kick-butt social networking profile<br />
* <strong>How social networking websites works and helps you</strong><br />
* Where and when to use a social bookmarking strategy<br />
* <strong>Start a community website within minutes with only $100</strong><br />
* Dominating ANY market using promotional videos<br />
* <strong>Expanding your business using gadget marketing</strong><br />
* How to combine different marketing channels<br />
* <strong>Market your JV deal using offline methods</strong><br />
* List of thousands of resources you could use<br />
* <strong>How to spend less than 20 minutes a day running your business</strong><br />
* Sources of FREE or dirty-cheap advertising and website traffic</p></blockquote>
<p>&#8230; and that&#8217;s just the tip of the iceberg!</p>
<p>=&gt; <strong><a title="Web 2.0 Joint Venture Secrets EXPOSED" href="http://www.web2jointventuresecrets.com/" target="_blank">Click here to learn more about Web 2.0 Joint Venture Secrets EXPOSED book!</a></strong></p>
<p> </p>
<p><strong>Conclusion</strong></p>
<p>There are a lot of niche markets out there just waiting for the right JV marketer to penetrate to them and make that dollars dream come true. Knowing which one to get into is being confident enough of your potentials and the good results you will be getting.</p>
<p><strong>Website hosting is just one part of the market you could try out and make some good and continuous income</strong>. Just remember that to be successful on your endeavor also means that time, effort and patience is needed.</p>
<p><em>Good luck to you in your new venture!<br />
</em></p>
<hr /><small>Copyright &copy; 2000-2010. Author: <a href="http://www.internetmarketingprofitscenter.com/" >Valeriu Popescu</a>.<br /> This feed is for personal, non-commercial use only. <br /> The use of this feed on other websites breaches copyright. If this content is not in your news reader, it makes the page you are viewing an infringement of the copyright. (Digital Fingerprint:479d73a45d2aab436537295db69cf353)</small> 479d73a45d2aab436537295db69cf353)</small><p>&copy;2012 <a href="http://www.internetmarketingprofitscenter.com/blog">Internet Profits Blog</a>. All Rights Reserved.</p>.

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		<title>Strategies for Successful Joint Ventures</title>
		<link>http://www.internetmarketingprofitscenter.com/blog/strategies-successful-joint-ventures/</link>
		<comments>http://www.internetmarketingprofitscenter.com/blog/strategies-successful-joint-ventures/#comments</comments>
		<pubDate>Tue, 02 Jun 2009 14:27:44 +0000</pubDate>
		<dc:creator>Valeriu Popescu</dc:creator>
				<category><![CDATA[Joint Venture]]></category>
		<category><![CDATA[internet marketing]]></category>
		<category><![CDATA[joint venture marketing]]></category>
		<category><![CDATA[joint venture partners]]></category>
		<category><![CDATA[joint ventures]]></category>
		<category><![CDATA[JV]]></category>
		<category><![CDATA[MaryEllen Tribby]]></category>
		<category><![CDATA[Michael Masterson]]></category>
		<category><![CDATA[profits]]></category>

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		<description><![CDATA[This article is written by Michael Masterson and MaryEllen Tribby. Thank you my friends for allowing me to publish this great article. When we began publishing Early to Rise online in December of 1999, we didn’t have an e-mail list… we didn’t have products… we didn’t have much in the way of internal resources or [...]

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</ol>]]></description>
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<p><em>This article is written by Michael Masterson and MaryEllen Tribby. Thank you my friends for allowing me to publish this great article.</em></p>
<p>When we began publishing Early to Rise online in December of 1999, we didn’t have an e-mail list… we didn’t have products… we didn’t have much in the way of internal resources or a budget… and we weren’t even sure what our target market was.</p>
<p>Now, nine years later, we have figured all of that out… and much more.</p>
<p>Along the way, one of the best and most profitable marketing techniques we’ve employed has been <strong>joint ventures</strong> (JVs).</p>
<p><strong>Joint ventures may be the best way to stimulate growth when, for whatever reason, you have limited resources and skills that you are willing to devote to a particular channel of marketing</strong>. Joint venture marketing deals should be a part of the thinking of every executive who wants fast, impressive growth.<br />
<span id="more-211"></span><br />
Agora Inc. &#8211; ETR’s parent company &#8211; skyrocketed its growth by combining direct marketing on the Internet with multi-channel marketing. That happened in the late 1990s. But it wasn’t the first time Agora dabbled in multi-channel marketing.</p>
<p>Way back in the early 1980s, when the company was just starting out, it achieved fast growth by combining direct-mail advertising with joint venture marketing.</p>
<p>From about 1980 to 1995, for example, Agora grew its investment newsletter business from $1 million to $60 million, primarily through joint venture marketing deals. The proposition was pretty simple.</p>
<p>Agora was very good at <a rel="nofollow" href="http://www.earlytorise.com/2000/11/06/10-things-you-should-know.html" target="_blank">direct-mail marketing</a> (, but its employees had very little investment expertise. Rather than attempt to develop financial gurus in-house, Agora went out into the media marketplace and found investment writers who had newsletters with a small number of subscribers.</p>
<p>Agora’s proposal to them was as follows: They would form a joint venture, with both sides as 50 percent partners. The partner would continue to own his subscribers and his editorial product, and would continue to have all the fulfillment obligations. The partner would hire Agora to act as his newsletter’s marketing agent. Agora would take all the risk with the marketing efforts and keep the revenue stream. The partner would get the new subscribers risk free. In turn, the partner had to ensure that the deal worked for Agora, as well.</p>
<p>For a financial writer with limited marketing resources, it was a no-risk, all-reward proposition &#8212; an impossible deal to refuse. For Agora, it was an efficient way to attract first-rate writing talent &#8212; some with established reputations and great track records. If Agora’s marketing worked, both partners would be very happy. If it failed to work, the joint venture could be dissolved, and both partners would then be free to go back to what they were doing before.</p>
<p>Agora used this joint venture strategy to develop more than a dozen newsletter franchises during the first 15 years of its existence. In that time, it saw revenues climb from $1 million to more than $60 million.</p>
<p>“<em>I don’t think we could have grown that much so quickly without these partnerships</em>,” Bill Bonner, Agora’s founder, said.</p>
<blockquote><p><em>They allowed us to market some of the best people in the investment advisory business then, which gave us an advantage our competitors lacked. As our company grew, we developed in-house editorial expertise. Most of our writers nowadays are employees or freelancers under contract. So we don’t use that kind of joint venture deal anymore. But we do employ joint venture agreements on the Internet marketing side &#8212; and these are proving very valuable in terms of growth.</em>”</p></blockquote>
<p>In 2001, Katie Yeakle, president of American Writers and Artists Inc. (AWAI), decided she wanted to sell her products in Germany. One option was to set up a branch office in Bonn and hire a local manager who would then hire translators and find service bureaus to publish AWAI’s products in that country. The other option was to locate a German publisher who was already marketing to the kind of customers AWAI favored and make a joint venture deal.</p>
<p>She chose the latter option. AWAI entered a joint venture with Germany’s largest direct-response publisher. Because the publisher already had an existing operation, they were able to take on the new project without adding extra personnel or office space. Costs were thus reduced. And profits were increased dramatically, because the publishing company was able to market to its own list of buyers. Perhaps most important, AWAI and its German partner could combine their skills and knowledge to take full advantage of the German market quickly, thus avoiding any concern that another enterprising business would fill the gap.</p>
<p>To make matters simple, the contract established AWAI as owner of its product line, established the publisher as the line’s sole marketer in German and Germany, and stipulated a fixed royalty (a percentage of the sales) for AWAI.</p>
<p>Had Katie decided to make a go of the German operation herself, AWAI might have made more money, since it would have kept 100 percent of the profits. But it would surely have taken many years and would have had a greater chance of failure. By going with a joint venture, the German business was up and running in less than a year, and was very profitable in less than two years.</p>
<p><strong>Joint Ventures Are Perfect for Start-Ups and Small Businesses</strong></p>
<p>Many small-business owners don’t like joint ventures. They don’t like the idea of splitting revenues. They like selling their own products because they get to keep 100 percent of the revenues.</p>
<p>This sort of thinking simply misses the mark. When a joint venture is executed properly, it doesn’t subtract from a business, it adds to it.</p>
<p>There are many ways to do joint ventures. But for a growing small business, the most lucrative type of joint venture usually involves at least two of three key elements: a product, a promotion, and a market.</p>
<p><a rel="nofollow" href="http://www.earlytorise.com/author/yanik-silver" target="_blank">Yanik Silver</a>, an Internet marketing specialist who regularly writes for Early to Rise, says that joint ventures have been “<em>very, very good</em>” to him. He suggests that small businesses should consider not only JV deals but also all the ways there are of selling products and making money that they aren’t already doing:</p>
<p>* <a rel="nofollow" href="http://www.earlytorise.com/2008/06/13/7-ways-to-improve-your-ppc-campaign-2.html/" target="_blank">Pay-per-click</a> (PPC) advertising<br />
* Direct mail<br />
* Direct e-mail<br />
* Print advertising<br />
* Website advertising<br />
* Telemarketing<br />
* <a rel="nofollow" href="http://www.earlytorise.com/2008/10/29/build-a-rock-solid-seo-foundation.html" target="_blank">Search engine optimization</a> (SEO)</p>
<p>One of the best ways to expand your marketing base is by adding on new marketing channels… and one of the fastest and most efficient ways of doing that is to form joint ventures with colleagues and competitors who have expertise that you lack.</p>
<p>Yanik talks about one information marketer who entered a joint venture with a telemarketer. He paid the telemarketer a large percentage of sales for events and other high-end products he was producing. This joint venture brought in millions of dollars in extra revenue, Yanik says. And it did so without “<em>the headache of babysitting and training a bunch of telemarketers.</em>”</p>
<p>Instead of hiring employees and running a mail shop himself, Yanik gets all his direct-mail marketing done on a joint venture basis. <em>“My partner does all the little things necessary to get a direct-mail piece out,</em>” he explains. <em>“He’s also a good copywriter, so he writes envelope teasers, lift notes, and so on, too. I pay him based on the results of each mailing. We are both in it together. If I do well, so does he.</em>”</p>
<p>One of the key secrets to joint ventures, Yanik says, is not to be greedy. “<em>I give all my partners a fair percentage of the sales they help me make. It has to be significant. I want them to be happy</em>.”</p>
<p>He also recommends getting the joint venture agreement in writing, “<em>even if you are best friends with your partner. Memories fail, but a simple written agreement (which could be nothing more than an e-mail outlining key points) will clarify any discrepancies or misunderstandings that might crop up in the future</em>.”</p>
<p><strong>Strategies for Successful Joint Ventures</strong></p>
<p>Joint venture marketing relationships can be extremely valuable. Every ambitious entrepreneur and marketing director should be open to them. Making them work, however, does take time and consume resources. And because you don’t have unlimited time and resources, it makes sense to be strategic in selecting your joint venture partners.</p>
<ul> • Look for strong partners &#8211; businesses that have significant skills and/or resources that you lack.   </p>
<p>• Make sure that your contribution to the deal is equal to your partner’s. An unbalanced partnership is not good for either party.</p>
<p>• Avoid partners you don’t trust.</p>
<p>• If possible, limit the scope of the venture in the beginning and extend it as trust increases.</p>
<p>• Make agreements simple, but put them in writing.</p>
<p>• To avoid costly misunderstandings after the venture has begun, identify the value of each partner’s contributions at the outset. These should include skills, intellectual resources, marketing resources, capital, and so on.</p>
<p>• In determining the value of those contributions, remember that fairness is not an exact number, but a range. Try to be flexible &#8211; and favor partners who demonstrate the same flexibility.</p>
<p>• Establish clear protocols at the beginning for amending or unwinding the relationship if it fails to meet expectations.</p>
<p>• Goodwill is essential for success. Goodwill means that you want your partner to benefit from the relationship as much as you do.</ul>
<p>The idea is to develop joint venture relationships that are easy to maintain, financially profitable, intellectually rewarding, and long-lasting. After a necessary period of negotiation and implementation, you want the relationship to grow well and quickly and painlessly.</p>
<p>If you pick a weak or untrustworthy partner, the joint venture will eventually fail. If your partner sees you as weak or untrustworthy, the venture will also fail. If, on the other hand, you develop a reputation for being a good, trustworthy partner, good people will come to you and be happy with the terms you suggest.</p>
<p><em>[Ed. Note: The joint venture is just one marketing channel that can help speed your business to profitability. Now, you can discover 11 other powerful, profit-accelerating marketing channels that can take your business to new levels of success. All you have to do is pick up the Amazon.com best-selling book by Michael Masterson and MaryEllen Tribby: C<strong>hanging the Channel</strong>. You can get a crash course in 12 money-making secrets... and how they can turn you into a cash producer for any company you work for. <a rel="nofollow" href="http://www.changingthechannelbook.com/102808_etr/" target="_blank">Learn more right here</a>!</em></p>
<p><em> </em></p>
<p><em>The above article was adapted from </em><em>Changing the Channel: 12 Easy Ways to Make Millions for Your Business</em>, published with permission from John Wiley &amp; Sons. <a rel="nofollow" href="http://www.changingthechannelbook.com/102808_etr/" target="_blank">Get your copy today</a> ]</p>
<p>For more information please see this page: <a rel="nofollow" href="http://www.earlytorise.com/syndicate/" target="_blank">http://www.earlytorise.com/syndicate/</a></p>
<hr /><small>Copyright &copy; 2000-2010. Author: <a href="http://www.internetmarketingprofitscenter.com/" >Valeriu Popescu</a>.<br /> This feed is for personal, non-commercial use only. <br /> The use of this feed on other websites breaches copyright. If this content is not in your news reader, it makes the page you are viewing an infringement of the copyright. (Digital Fingerprint:479d73a45d2aab436537295db69cf353)</small> 479d73a45d2aab436537295db69cf353)</small><p>&copy;2012 <a href="http://www.internetmarketingprofitscenter.com/blog">Internet Profits Blog</a>. All Rights Reserved.</p>.

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<li><a href='http://www.internetmarketingprofitscenter.com/blog/joint-venture-hosting-niche-markets/' rel='bookmark' title='How To Become A Joint Venture Master In Niche Markets Even When You&#8217;re Broke'>How To Become A Joint Venture Master In Niche Markets Even When You&#8217;re Broke</a></li><br>
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<li><a href='http://www.internetmarketingprofitscenter.com/blog/strategic-internet-marketing-online-profits/' rel='bookmark' title='Strategic Internet Marketing: 6 Points Towards More Online Profits'>Strategic Internet Marketing: 6 Points Towards More Online Profits</a></li><br>
</ol></p>
	Tags: <a href="http://www.internetmarketingprofitscenter.com/blog/tag/internet-marketing/" title="internet marketing" rel="tag">internet marketing</a>, <a href="http://www.internetmarketingprofitscenter.com/blog/tag/joint-venture/" title="Joint Venture" rel="tag">Joint Venture</a>, <a href="http://www.internetmarketingprofitscenter.com/blog/tag/joint-venture-marketing/" title="joint venture marketing" rel="tag">joint venture marketing</a>, <a href="http://www.internetmarketingprofitscenter.com/blog/tag/joint-venture-partners/" title="joint venture partners" rel="tag">joint venture partners</a>, <a href="http://www.internetmarketingprofitscenter.com/blog/tag/joint-ventures/" title="joint ventures" rel="tag">joint ventures</a>, <a href="http://www.internetmarketingprofitscenter.com/blog/tag/jv/" title="JV" rel="tag">JV</a>, <a href="http://www.internetmarketingprofitscenter.com/blog/tag/maryellen-tribby/" title="MaryEllen Tribby" rel="tag">MaryEllen Tribby</a>, <a href="http://www.internetmarketingprofitscenter.com/blog/tag/michael-masterson/" title="Michael Masterson" rel="tag">Michael Masterson</a>, <a href="http://www.internetmarketingprofitscenter.com/blog/tag/profits/" title="profits" rel="tag">profits</a><br />
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