11 Joint Venture Ideas to Get You Started on the Fast Track to Quick Profits
by:
BMA Editorial Team A
1. Find someone in your target market that either publishes an ezine or has a website. Ask them if they would like to join your affiliate program and promote your offers in their ezine, or on their site. In return, you'll give them the product at no charge, and if you have an ezine or website, offer to promote something for them. Remember to make it an irresistible offer for them!
2. Use your own visitors and subscribers. Give them something free that has some sort of small advertisement of yours on or in it. It doesn't have to be a flashing sign. Just a subtle ad with your URL or subscribe email placed somewhere visible. By using this method you could have your little ad all over your entire market! It takes a snowflake to start a snowball! Your visitors and subscribers will be happy to get something for free, and they'll be even happier that it doesn't have ads ALL over it. DON'T get greedy. Give a little and get a lot! Find someone else in your market that does the same thing. Offer to give their "give aways" out if in return they give your "give aways" out.
3. If you can't beat 'em... Join 'em! Round up several others in your market who you think there would be a mutual benefit to partner with. Have a "Joint Venture team". Your team could pool your resources and beat the "big guys" in your market. Those in your "Joint Venture team" could cross promote each other's products, services, and/or programs also!
4. Find 5, 10 or however many ezine publishers who are in your target market. Offer them all discounts to their subscribers on your offer. Give them your product for free also. Let them know that you are partnering with other ezine publishers for your discounted offer, and that you will give the ezine publisher who produces the most result a bonus. Just make sure your bonus is GOOD! Make it something unique and semi-personal. I've always thought when rewarding someone I do business with that I shouldn't give them a "business gift". Try giving a semi-personal personal gift. You may not really know that person, but there are sites online that will tell you the gifts women like and the gifts men like. Use those sites to find semi-personal gifts. (*Please note that this does say semi-personal. Business is business, so make sure your gift/bonus is appropriate.)
5. I got a great idea from a site the other day. This is a WONDERFUL idea. The basics of the concept are placing other people's ads on your Thank You page. What a great time to send your customer off to your most trusted JV partner while the customer still has their credit card out! You'll want to be careful when doing this though. Make sure you've already sold that customer all that you can before passing them to your Joint Venture partner.
6. Contests are a WONDERFUL way to market, and you can conduct them for any type of market. Contact an ezine publisher or website owner in your market. Offer to hold a contest giving away an item or items you are offering. In return for this, ask that they run your ad, or place your ad on their website. If it's a really good contest, ask that they run your solo ad, or put your ad in a very prominent spot on their site. Another way to use contests is by doing a "contest swap". Let them know you'll promote their contest if they promote yours. If they don't have one offer to come up with one for them. Explain the benefits behind having a contest. Offer to have one for them. Let them know you'll donate the prize (it doesn't have to be anything really expensive) if they would like, and show them how to set it up. This is relationship building at its best. The next time you approach that person with a JV they will trust you because you were willing to go out of your way to help them.
7. We all know that article writing is one of the best ways to market. You show people that you know something about the topic you are writing on, you are automatically giving them something (your article), and it's a viral way of marketing. Your article could go all OVER the place. Online and offline. If you know an ezine publisher or website owner who publishes articles on your market topic, ask if they would like to swap articles. You promote their article, and they will in turn promote your article. The best thing about this idea is you can do it with many people, and you can do it over and over by writing new articles.
8. Another writing idea would be for you to write a column on your market and offer it to an ezine publisher or website owner. I would suggest that you write unique content for each ezine publisher or website owner if you are wanting them to advertise you or for you. I know ezine publishers and website owners would go for this idea because as an ezine owner and website owner, I am currently seeking several people to write original content for my many sites and ezines in exchange for free advertising.
9. Swap business cards with others in your market. Your hand out your joint venture partners business cards and they hand out yours. This is just like word of mouth advertising, which is the best kind around. Business cards are a wonderful way to put your advertisement in someone's hands. Putting it in their hands in one of the keys to selling.
10. If publishing and ebook, you could offer part of your ebook for free. Offer one chapter to potential customers, so that they can "test" your ebook. Find other ebook publishers in your market and ask if they could do the same with their ebooks. If they agree you could advertiser their free chapter, and ask that they advertise your free chapter in return. This can also be done with membership sites. Offer a 3-day free trial. Find others in your market that offers memberships to their sites. You advertise their free trial, and ask that they advertise yours. What about software? Many people offer free trials for software. If you offer a free trial to your software, go to download (dot) com. Search for software related to your market. When you find software that isn't in competition with yours, but that would compliment the other person's software, contact them and ask to do a JV where you promote their software and they promote yours! I'm sure you can think of a way to do this with your product or service.
11. Survey swap? You bet! Surveys are hot right now. Sometimes you have to offer your visitor or subscriber a little bit of an incentive to do it, but the information you will get is well worth it. Find others in your market that asks their visitors or subscribers to take surveys. Let them know that you also ask your visitors or subscribers to do take surveys. Ask if they would put a link to your survey on their site, and in return you could do the same thing. If you are asking for personal information on your survey be sure not to share that with the other website owner. If you do, make sure that it is noted in your privacy policy or you could lose visitors or subscribers!
About the Author:
Liz Tomey has been involved in Direct Mail Advertising since 1998. After coming into the Internet marketing world with a bang, and sharing her secrets to quick profits, she has now created
http://www.JointVentureSeeker.com which teaches marketers the true POWER of joint ventures!
No. of Times this article has been viewed :
347
Date Published :
Mar 7 2010
Most Recently Published Joint Ventures Articles as of
|
|
Jul 1 2010
How to Market Your Joint Venture Partnership
by
BMA Editorial Team 3
Finding a profitable JV partner is just a small piece of the puzzle. With preparation and research, you should be ready to launch an effective joint venture marketing campaign as soon as the ink is dry on your agreement.
|
Jun 30 2010
Getting Bigger Joint Venture Partners to Say Yes
by
BMA Editorial Team 3
You may think that the hard part is over when you have completed the research and found potential JV partners that can offer the greatest benefit to your business. However, that's just the beginning.
|
Jun 23 2010
4 Steps to Building an Effective Joint Venture Partnership
by
BMA Editorial Team 3
A successful JV partnership isn't rocket science, but it does take a degree of marketing savvy to make it work. With these basic principles in mind, you can do much to increase your odds of an effective relationship with another company.
|
Jun 23 2010
5 Places to Find Prospective Joint Venture Marketing Partners
by
BMA Editorial Team 3
Finding JV partners can be a challenge, but there are many sources available. If you are willing to put in the time and effort, the right JV partner can increase your customer base for a fraction of what other advertising methods might cost...
|
Jun 13 2010
5 Benefits of Choosing a Bigger Joint Venture Partner
by
BMA Editorial Team 3
When you search for potential JV partners, you may start with businesses comparable in size to your own. However, bigger is usually better. These larger, more established businesses provide more opportunity for you to attract customers and boost your sales.
|
Jun 8 2010
Why Customers Like Joint Ventures But Don't Know It
by
BMA Editorial Team 3
Joint ventures benefits the businesses involved, but they have advantages for customers as well. When you approach your JV marketing from your customer's perspective, the result will be a more satisfying experience for everyone...
|
Jun 5 2010
The Nuts and Bolts of a Joint Venture Contract
by
BMA Editorial Team 3
When you head into any type of joint venture partnership, a written contract is a must. This document will protect your interests and the interests of your partner for as long as the partnership is in effect.
|
Jun 5 2010
What Joint Venture Partners Want from You
by
BMA Editorial Team 3
Deciding that joint ventures will help your business grow is the easy part. Once you have decided to pursue this marketing avenue, you must search out potential JV partners and convince them that it would be to their advantage to work with you. T
|
Jun 5 2010
Things to Know Before You Go for Joint Ventures
by
BMA Editorial Team 3
Joint ventures are exactly what you think they are. They are partnerships entered into by two business firms or two individuals for the sake of conducting business.
|
May 27 2010
4 Avenues for Locating Joint Venture Partners
by
BMA Editorial Team A
Finding JV partners is the first step to success, but it can be easier said than done. With these avenues in mind, you have greater odds for locating prospective partners that can effectively promote your business...
|
May 25 2010
What is Camouflage Marketing?
by
BMA Editorial Team A
JV partnerships open up a wealth of camouflage marketing options that can bring a good return without much upfront cost. Check out this overview of camouflage marketing you can use in your own joint ventures.
|
May 22 2010
4 Features to Look for in a Joint Venture Partner
by
BMA Editorial Team A
Finding JV partners involves plenty of homework to determine the best partners for your unique business needs. With these features in mind, you will be more likely to discover the best JV partners to grow your bottom line...
|
May 6 2010
Joint Venture Principles to Make Profits in Business
by
BMA Editorial Team A
In recent times a lot of construction work projects are being accomplished with the help of "long term" joint ventures which take relatively more time to complete than the usual joint ventures.
|
May 5 2010
How Joint Venture Marketing Changes Your Company Image
by
BMA Editorial Team A
This article will give you three ways joint venture marketing improves your company image and reputation at a fraction of the time and cost of a full-fledged marketing campaign.
|
May 5 2010
How to Market Your New Joint Venture
by
BMA Editorial Team A
Your newly formed JV doesn't have to sit stagnant while you try and build a new customer base. Take the initiative and get the word out about your new JV business.
|
|
Search for ebooks on Management & Business