If you're looking for a quick and easy way to make profits from your business, think joint venture.The beauty of a joint venture is that no matter how much or how little traffic you are currently receiving at your site, this marketing technique can explode your traffic and profits.
There are five things you need to do to create a successful joint venture.
1. Set goals. Do you know what you want to achieve with your joint venture?
Because this technique is so effective, be prepared to be rejected. You should also be prepared to "lose your shirt" upfront if you are going to get potential partners to accept your offer.
Jimmy D. Brown of
Profits' Vault, http://www.profitsvault.com, recommends you aim for three goals:
a. Build your list b. Secure lifetime customers c. Recruit new affiliates and partners
Although you will lose on
front end, you'll gain on
backend because you'll have a target market in place ready to buy.
2. Make a list of contacts. How many publishers you decide to contact is up to you. I would recommend you make a list of at least 10 because some of your contacts will completely ignore your offer.
If you don't make contact with
first 10, make a list of 10 more, but don't quit.
Use targeted key words in
search engines to find sites that complement yours and study them carefully before you contact
publishers.
What to look for in potential partners:
a. Sites that complement yours. If you're selling computer hardware, look for sites that sell computer software, computer books, etc.
b. Sites that have a mailing list. You want your potential partners to contact their customers/readers with your offer.
Look for ezine publishers with large lists. Small lists are good if
readers are loyal.
3. Create an irresistable offer. This is where you will lose BIG.
Give your partner a copy of your product. Include bonuses with it. Offer an ad swap. You are only limited by your imagination here, but whatever you do, make it an offer that gets attention.