Create Powerful Joint Ventures Step by Step

by: Nandang S Nugraha | Total views: 29 | Word Count: 1580 | View PDF | Print View

 by: Christophor Strobel

Figure out what you are passionate about and make it your business.

If you love golf, parachuting, surfing, computing,
fishing , or whatever it may be, make it your business. A business that
is also a hobby or pastime greatly increases the chances of enjoying
getting up and wanting to go to “work “every day or every other day if
you choose.

Start subscribing to all the magazines, catalogs, and
newsletters you can find about the topic. Learn what new products are
available (read reviews) and what products they compliment. Clip the
good ads, tips, and articles and keep them organized for the future.
Repeat advertisement month after month in the same publication means
the ad is pulling in sales, check these businesses out.

Think new, latest, greatest ,complimentary, product or service here are a few ideas

audio book club / travel organization

surfboards / wetsuit maker

Recreational vehicle owner / travel guides / fuel savings device / fuel savings club

Doctor / pharmacist

Tuxedo shop / reception hall / jeweler / cake maker / bridal shop / photographer / florist

Law firm / adoption agency

Book seller / seminar service

Cooking school / kitchen supply store

House painter / carpenter / plumber / electrician / handyman

computers / training videos

web hosting / web design.

real estate agent / security company / handyman

Greenhouse-nursery / Landscaper

Golfers use many different products every time they go
out on the course. Shoes, bags, clubs, balls, tees, carts, gloves,
clothing, umbrellas, memberships, and many other items .Even when
golfers are off the course they use training videos, read magazines,
and take personal lessons , whatever it takes to improve their game.

New computer owners often feel overwhelmed by the idea
of figuring out all the different programs. Arrange an endorsement deal
for the computer seller to introduce the new computer owner to training
videos DVD’s, or E-books and take your piece of the pie for creating
the joint venture.

Remember the banjo minnow? Fisherman all over the globe
use this lure and it is guaranteed that there is a list for rent
somewhere of every purchaser worldwide .Find a complimentary product to
go with the list and have the company endorse the new product. Split
the profits three ways. List owner ,deal maker (you), and the product
distributor.

http://www.Alexa.com
toolbar ranks related websites while you surf the internet.Endorsement
deals are easy to find by just clicking on the related sites.

Response lists are compiled lists of people who have
purchased something from an infomercial , catalog , television
commercial , a mailing whether it be email or snail mail, or etc.

Get your hands on a copy of an SRDS (Standard Rate and
Data Service) ask for the “Direct Marketing List Source” and study all
the different categories and learn what they mean. direct marketing
list source delivers the accurate, up-to-date list broker and list
manager information you need to get the job done quickly—including
purchase lists and contact data. Major libraries have copies of the
SRDS in the reference section, They are expensive so wait until the
profits roll in before you purchase your own.

1-800-851-SRDS

http://www.Srds.com

http://MediaFinder.com offers the ability to research the advertising and list rental opportunities

Find a copy of an Oxbridge Communications National
Directory of Mailing Lists (800-955-0231). Major libraries have copies
of the Oxbridge Communications National Directory of Mailing Lists in
the reference section

Trade associations also have mailing lists.

http://dir.yahoo.com/business_and_economy/organizations/trade_associations

http://www.taforum.org/searchgroup.pl?n=500

How to Find Products

Need a product? Join an affiliate program, they are free
and there is no contract to sign. Almost every online store has an
affiliate program so figure out your interests and research the
business. It is marketing smart for the stores to give you commission
for finding customers ,then they don’t have to . Think digital product
because they are automatically delivered and available instantly over
the internet. Most merchants already have proven sales copy and order
pages available to affiliates. Here are a few places to start looking

https://www.ezinfocenter.com/8691656/SIM
Six Figure Income Group has doubled again to now over 8 million
affiliates in over 190 countries... now the world's largest affiliate
network. If you are a multi-income qualified affiliate, you can bring
someone into SFI one time, then earn commissions on that personally
sponsored affiliate, every month indefinitely!

http://www.commissionjunction.com
the fastest growing affiliate network, has over 1400 merchant programs
to choose from. Earn commissions on clicks, leads, or sales and a
2-tier referral program paying $2/new affiliates & 5% of their
commissions forever!

http://www.clixgalore.com
Start earning large amounts of commission now by joining one of the
many Affiliate programs listed in the clixGalore affiliate network.

http://www.clickbank.com
Partner with Click Bank and you'll have an instant affiliate network
promoting your digital products. Among our top selling products, over
75% of all sales are generated by affiliates.

Buy and try the Product. If you never try the product
how can you possibly be passionate about it. Services take longer for
the profit to roll in. Products create immediate revenue.

Already have a product ?

Design a website with your product on it. Look in the above
affiliate networks and find complimentary products .Why have an online
store when you can have a whole online mall. Choose an affiliate
program that closely relates with the theme of your website. Websites
never close they are open for sales 24 hours a day 7 days a week 365
days a year .

Learn web design. WYSIWYG (what you see is what you get)
makes this step real simple. Microsoft Frontpage is really simple to
use .Here are a few tutorials.

http://grassroots.brunnet.net/rothesayhigh/webdesigntutorial/frontpage/

http://www.godaddy.com NEW business plans available! hosting from just $3.95 a month $8.95 domain name (www.yourbusiness.com) registration.

FTP (File transfer protocol) This is used to transfer the pages you built to the host server

http://www.freewebmasterhelp.com/tutorials/ftp

Think up your own domain name .Do not use the free web
hosts such as geocities or angle fire they are not for serious business
owners and possible deals will want nothing to do with your business.

Prepare your Introduction Letters.

Here are a few sample letters http://jointventurebiz.com/jointventurebizletters.html to read through , they will give you ideas about what should be included.

Create a simple letterhead on good paper.

Company name

Address

Phone number Fax number E-mail Address

___________________________________________

Never send your offer through e-mail .Snail mail or
delivery service (Fed-ex , UPS ) is recommended over e-mail for sending
off your letter to the prospects .Most business owners get many e-mails
per day and delete them if they don't recognize the name or email
address .Spam filters also get rid of unfamiliar E-mail.

Send an introduction letter to both prospects. Explain
to the list owner that you have a complimentary product that would be a
great joint venture with untapped profit potential. Explain to the
product owner that you have a response list with many potential
customers

The list owner has the trust of his previous customers
so they are more likely to purchase from the merchant again if the
offer is to hard to pass up.

Most website owner have a contact page on their site with the address telephone and fax number included. http://networksolutions.com
is also comprehensive search across multiple WHOIS databases. Includes
all domains, extensions regardless of where they are registered

Negotiating the joint ventures.

There is nothing etched in stone about who gets what in a
joint venture endorsement deal. Negotiation should not be a road block
in getting these deals.

Deals are going to be different every single time you
set one up. Be flexible and when you start out doing these deals. Maybe
offer to pay for the printing or postage the first few times. Exchange
experience for profits and learn as much as you can. Eventually product
and list owners will be coming to you to set up more of these deals.

Always test a list before mailing out to everyone on
it. Testing saves money and time. Mailing to a list of 10,000 people
and having 294 of them buy is not a real good campaign .Mail 500 of
them and see what percentage of customers purchase.

Post cards are cheaper to mail than envelopes and are a
great way to promote a product to a list of response buyers. With post
cards there is nothing to open and it will usually always be read
before making it to the trash can.

Just try a few of these deals, they really are a dime a
dozen. with a little brainstorming and research .The biggest thing is
to try, if you never try you will never know what could have been. keep
learning about joint venture marketing from the gurus, forums,
newsgroups ,e-zines, whatever means necessary.

Some owners are going to tell you know NO,maybe they
tried a joint venture deal in the past and it went wrong or maybe they
are happy with business the way it is. business owners are everywhere
you turn, intoduce yourself ,explain what you do , get deals, and enjoy
the profits.

Happy joint ventures.

Christophor Strobel

About the Author

Christophor Strobel publishes Home Business Tips, a fresh and informative newsletter dedicated to supporting people like You! If you are looking for the best rated home business Opportunities, the latest time saving tools and helpful support Come by and grab a F-R-E-E subscription at http://profitsetup.com

CStrobel@jointventurebiz.com

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