============================================================ Joint Venture 101 - The Quickest Way To Build Your eBusiness ============================================================ PART 1- by Valeriu S. Popescu
(c) Internet Marketing Profits Center - All Rights Reserved http://www.internetmarketingprofitscenter.com
This article reveal
same techniques that many Internet marketing experts uses every day to make millions of dollars in profits - no kidding! In my own opinion it is
most profitable and powerful concept ever used on
Internet field. So, stay close and read it carefully.
Joint Venturing represent
easiest way to start a new business and make more money online and it is
only 100% risk-free marketing technique. You have nothing to loose.
A good joint venture it can mean a fortunes in a short amount of time, it can mean bringing your product/service to market without spending a cent of your own money, it can mean free media attention, etcetera. All these translate into more sales, more free time and more of everything good!
In a few words, Joint Venturing (JV) means that two or more business people/company partnering up to create a win-win situation for all
parties involved.
No doubts, Joint Venturing can be very tricky. But... if you follow these simple rules, you can be on your way to building your empire out of thin air.
As a Netpreneur, you are in one of these four positions if you want to do a Joint Venture:
1) Have your own product('s) : Joint Venturing with list owners.
In this case, be very carefully because most of
list owners want to do businesses only IF your product is new and have a proven value for their subscribers. The greatest advantage of these lists: have educated people and were created for different categories.
There are thousands of list owners out there. You can use many of these lists to leverage their customer assets and split
profits with
owner.
Tip : never try to do a Joint Venturing with list owners that not match with your product/service! It's just a waist of time...
2) Have your own customer list('s) : Joint Venturing with other product/service development owners.
Basically, this type of Joint Venturing has two big advantages:
- you can make more money than your Joint Venturing partner (of course, in
'long run') - you don't have to develop your own product/service
All you need is to find those products/services which best suits your customers needs. Let me advice you to use a software program, because doing this research manually can take a lot of your time.
3) No product or a customer list: becomes a "Dealer Maker".
Yeap, this is true! Without any money on your pocket you can start to generate a steady cash flow. Your job here is to discover
right product for
right list of customers. This way you will charge a percent from both sides for years to come. Also if you where very professional with them, they will do business with you again and again!
4) Have
knowledge to make money online: become
"Providence Man".
Perhaps one of
most neglected Joint Venturing method because it requires a lot of your time for research, but finally you'll end-up charging 50% of all direct sales, which by
way, it is a fair amount for your work.