Skip to main content

Method 16: Enter into a Joint Venture Partnership

If you don’t already have a site and an email list of your own, a joint venture can be one of the best ways to make money quickly. When it comes to joint venture partnerships, there are three things to keep in mind:

1. Most good JV partners will reject you initially. If a person immediately
accepts your JV offer, there’s a good chance that she is not receiving
many offers. On the other hand, if she doesn’t respond initially or tells you
that she’ll need more time or a better offer, this probably (but doesn’t
always) mean that a lot of people are pursuing her as a JV partner.

Why is this important to understand? Because you will get rejected many
times initially when you first begin sending out offers. It is important to
understand that partnerships can often be a numbers game; and that you
shouldn’t be discouraged too easily.

2. Be courteous and make a generous offer. Often, the simple presence of a
JV partner will boost your sales and your profile as a marketer far beyond
what it will do for you in direct sales from that partner. For this reason, it is
always a good idea to approach JV partners with a generous offer; and to
be patient, kind, and courteous.

3. Stay focused in your presentation. If you’re looking for a JV partner who
can drive traffic to your site; and you are willing to offer a profit-sharing
arrangement in exchange, then say that upfront. Make sure they
understand exactly what it is that you need from them; and exactly what
they will get for participating.

If you do these three things—and if you remain persistent—you have a good
chance of finding at least a few JV partners who will be willing to work with you and promote your project.


תוויות:

Popular posts from this blog

Method 15: Use Twitter to Market Your Myspace Forum Product

If you used method #14, you now have an inexpensive, entry-level product, a sales page, and a check-out system. All you need to do now is direct additional traffic to it. While posting on Myspace Forums was a good way to start, there are still a lot of options available for traffic generation. One such option is Twitter. If you’re unfamiliar with Twitter, it’s a social networking service that allows you to add and remove friend as you would on Myspace or Facebook. The difference is that the main purpose of Twitter is to send out 140-character “tweets” to your friends; and, in return, to read what they are tweeting about. Of course, this network can also be used to make money. To do this, you’ll need to start by creating an account if you do not already have one. After that, you will want to begin adding people who might be good targets for your sales campaign. You can do this by searching to see who is tweeting about topics related to your product. You can then...
Read more

Method 14: Use Myspace Forums to Sell Products

Social media has proven itself to be one of the best venues for marketing products in a hurry. In the past, Internet marketers have held contests to see how much they can make in one day, one week, or one month by creating a new product and selling it through a social marketing medium. When it comes to this type of project, there are two things to ask yourself: 1) what type of product should you sell? And 2) what medium should you sell it in? In this section, I will cover how to sell on Myspace forums. In the next section, we’ll consider Twitter. Let’s start with the types of products you might want to sell on Myspace. What Product to Sell You might immediately assume that you should sell one of your flagship products, but in fact, social media sites are not always the best place to do this. For this reason, you will want to answer this question by doing market research, rather than simply picking a product and running with it. One way you can approach this is to...
Read more

Method 21: Sell Unprofitable Parts of Your Business

If you already have an Internet-based business, but parts of it aren’t performing particularly well, then it may be a good idea to sell off the unprofitable parts, consolidate everything that is working; and move forward with a new model. These unprofitable sections of your business might include websites that are poorly monetized; or products that don’t seem to sell very well. Whatever the case may be, consider selling it on a forum like SitePoint. If you have monthly revenue data (from AdSense or PayPal records), this will be helpful. Even if the site doesn’t sell well for you, that doesn’t mean it can’t for someone else. This is something that is important to highlight when making the sale. Point out the positives about the site (such as its daily unique visitor counts); and then mention how this can potentially make more money if monetized better. One good thing about selling your unprofitable sites is that you can usually get something like 7-10 months worth of prof...
Read more