Joint Ventures: Your Path to Success Written By: Jack Humphrey
Have you ever wondered how Corey Rudl, Allen Says, Jerome Chapman,
and other big time online marketers got where they are today? Did you think
they did it all by themselves? Wrong.
There is no guru out there that reached the pinnacle of their success
without strategic partnerships playing a huge part. You might be thinking, “Yeah,
but I don’t have those connections.” Well neither did I when I started. And
neither did any of the big boys you have bought a new info product or service
from recently.
Everyone started somewhere on the net to get where they are today,
and the biggest start you can give yourself is by making business partners out
of the acquaintances you find as you travel the net in search of advice, information,
and technical support.
One crucial aspect of finding joint venture partners is belonging
to a set of communities closely or directly related to your business focus on
the net. If you are selling hosting services, you need to join forums related
to webmasters, designers, and anyone with a focus on or need for hosting services.
Let’s take this a step further and say you are offering hosting
services and want to find a JV partner who can help you find customers. One
great place to look is on internet marketing and web design forums. You will
find tons of people with a client base to whom hosting is a central, crucial
issue in their individual business development and success.
By participating in these forums you can make friends with designers
who constantly look for hosting services to provide their clients with top-notch
services geared toward each individual businesses needs. You are providing what
that designer needs to offer his clients and you propose a JV. This can include
ANYTHING like a cut of the monthly hosting fee for all the clients he/she refers
to you.
When you find the right person to help you promote your product,
and if you participate in forums you WILL, your business can literally take
off over night.
I found an incredible partner for my info product “Power Linking
Your Way to 1 Million Hits” on the Internet Marketing Warriors forum. I created
a one-of-a-kind product that he saw great potential in, and he provided a contact
list for further JVs that rivals any contact list on the net today. And he himself
is a relative no-name on the net compared to the contacts he has.
The point is, you never know who you are going to find on the net
or who is going to find you, who can change your profit level immensely and
immediately. You just have to participate in forums. Become a part of the communities
geared toward your niche and participate often. Offer advice, ask questions,
trade services or products rather than pay for everything with cash – the possibilities
are endless.
And there are no rules. If you see something on the net you want
– say an ezine submission service – and you are cash poor/product rich. Don’t
take the service price for the final answer. Email people and offer your service
or product as trade for theirs. You might find a JV develops, or you might just
more effectively utilize your assets that are worth cash. Either way, you win.
When I was laying out a lot of money to start up WebmasterTrafficTools.com
and Power Linking, I was cash-poor but product rich. I traded for advertising
like you wouldn’t believe and found most people to be very open to methods of
payment that didn’t involve the exchange of cash.
Take a look at your assets, all of them. Not just the money you
have in the bank. Evaluate what you have to offer people in exchange for services
or other products. Thinking in terms of “How can this person help me achieve
my goals if I help them achieve theirs?” will go a long way in internet marketing.
You cannot do it alone. No one has. The next time you see a new
Mark Joyner product released, think about the web of people and partners he
has behind him helping him develop, release and market that product. His name
might be the only one on the product itself, but there are others who he has
developed partnerships with, in his case on a grand scale, who help him develop
and move his products.
Do a search for forums on Alta Vista with your keywords and you
will find what you are looking for. Join a couple at first. Lurk and find out
what you can contribute. Post questions and find others who are being the most
helpful. Feel free to contact them and propose a mutually-beneficial JV. We
are all business people. JVs are good business.
If your proposal is good and your product or service is appealing,
you should have no trouble attracting others with large opt-in lists or high-traffic
web sites to help you market it if you give them a good piece of the pie.
All of our JVs for Power Linking typically get additional commissions
over our affiliates. Don’t hesitate to offer more to partners because they will
typically outsell an entire affiliate force if they are well-connected, have
huge lists of customers, and have established a presence on the web.
For the best marketing forum on the net, hands down, you will want
to check out the Internet Marketing Warrior Forum. There are over 30,000 webmasters
from all walks of business waiting to help you, and hear about ways they can
increase their profits. That’s where I met my current partner and in less than
three weeks we generated over $6500 in sales together.
And that's just the beginning! You will see Power Linking all over
the net in the coming months and you can be assured it is because of that crucial
joint venture I made with one other key internet marketer who believed in my
product.
A FREE crash course on joint venture marketing can be found at:
http://webmastertraffictools.com/ Article title: "6 Days and Three Hours to
Joint Venture Success" by Chris Elliott
Make contacts. Be part of a community. You will be blown away by
the people you find who can help you along the way in your marketing efforts!
Jack Humphrey is the author of “Power Linking Your Way to 1 Million Hits”
at http://power-linking-profits.com and CEO of WebmsterTrafficTools.com.