Category Archives: Joint Ventures

Finding the joint venture that will be your keys to riches

Published / by Sir Timan / Leave a Comment
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Joint ventures means cooperating rather than competing.

In joint ventures, you get partners to help you boost the products or services you are offering. But instead of trying to outdo the ones related to your business, you get into business with them.

A win-sin situation for both of you considering the fact that you share in all the expenses and getting more and targeting a wider market in the process.

Although this is the basic concept behind joint ventures, many people do not fully comprehend the benefits it can offer. Oftentimes, they get wary in the initial attempt and would rather not engage in one.

Joint ventures through affiliate programs.

This is one of the most common joint venture kind found over the Internet. But being the most widespread does not make it the most beneficial.

In affiliate marketing, the focus is more on recruiting customers to be the sales force of the products they have bought. Affiliate programs are great means of achieving selling power and reaching out to more people with the use of the Internet. What one can gain offline cannot match to what it can get online.

But then many people have already made numerous profits selling products or service that are not their own and do not ship to the customers themselves. As much as 90 percent of total sales are made through affiliate marketing though.

Joint ventures is getting publicity through contents.

This is one of the simplest forms of joint ventures. You get to offer your knowledge in exchange for the free exposure and publicity your business needs.

An example of this is article writing. By allowing other publishers to reprint and publish your articles, you reach far more customers than you could by having it put mainly on your site. The persons reached are the same ones who would not have thought of going to your site to check you out.

Just think how your articles will be distributed to a bigger audience. And think how your contents are being exchanged, used and added values to.

Joint ventures is buying and selling of reprint rights.

You can gain profits on your information products, the rights to sell your products to others and form sincere supports found within your information products.

Today, information is the most profitable product anyone can offer and sell over the Internet. A lot of business owners are purchasing products that have reprint rights. They will then resell those products. And when opportunity calls for it, they also get to resell the same reprint rights to others.

In addition, you can also sell reprint and distribution rights to content-rich products you have created yourself.

Joint ventures is giving out win-win endorsements.

Giving and getting endorsements are precious ways of leveraging your unique expertise. Although giving out a free report or e-book to your visitors is a brilliant, it is important not to stop there.

Offer your customers commission on sales that is made through their market contacts.
Think about endorsed email advertising. You can offer to trade mailings or endorse products that you like. Offer commissions on sales to those who can promote your product by mailing your information to their lists.

Consider some don’ts in joint ventures. Do not try to endorse products you do not have any idea about or do not believe in. Do not also overuse your promotions just to earn profits.

Giving testimonials for products you like is one of the best linking strategies you can apply. You will receive extremely visible links to your website on popular pages. And people will want to contact you about your testimonials or even visit your website just because of your testimonial.

Joint ventures as a whole.

Joint ventures work its best when each partners share give something that the other do not have or cannot afford to. This can be as simple as web traffic or publicity. Or more complex things like money, fame and connections.

Before getting into joint ventures, you must first identify your greatest strengths and weaknesses. The more successful joint ventures depends on having something to offer and that certain business that needs what you have. On their part, they will give you what you and your business needs.

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Just to give you some joint venture ideas

Published / by Sir Timan / Leave a Comment
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Are you not sure how you can get into joint ventures? Here are some ideas that may give you an initial knowledge on the kind of business you want to get into.

1. One of the simplest method of joint ventures is text link or banner exchange. You get to exchange these things with websites that are offering related products or services. If you start looking, you will find that there are a lot of companies that have what you have.

2. Sharing of websites with another that is targeting the same market. This basically means you get to share advertising and marketing with that site for half the price but with doubled traffic.

3. Exchanging of endorsements and reviews for both your products and services. Give and take. You write something about them and they write something about you too. Since you both know your products well, this is one form of getting credibility.

4. Combining products or services into a package with related businesses can also be an option. Your buyers will be more than glad to avail of what you are offering since they know that they are getting a good deal. When the profits start rolling, both of you can share them.

5. Products or services that do not sell good should not be left aside. Instead, try to offer them as an added bonus for another company. You can ask for a minimal share of the profits gained.

6. Volunteering a space for another business’ ads into your product endorsements. In exchange, you can ask them to do the same thing to their business as you have done with them. This is an effective way of expanding your visibility plus reaching further to other markets not on yours.

7. Trading of auto-responders or ezines with business having the same type of market.

8. Work together with related businesses to produce a promotional e-book to be given away. Publish your web site ads in the e-book then give them all away for free.

9. Sponsoring a virtual trade show or seminar with another business. On these shows, try to include each other’s promotional bits and pieces.

10. Create a freeware program. Put in a promotional ad for each of your businesses in the program. Submit it to free sites and freeware.

In joint ventures, the idea is to give and receive. You can boost your marketing publicity with no problem at all by placing your advertisement on free stuff and allowing other people to give it away. The more people that give away your free stuff, the more your ad will be seen and exposed.

Unlike what you initially thought, many free stuff can be made effortlessly and without or little expense needed. Electronic freebies are perfect because with these types of freebies, you would not have to worry about shipping or physical material costs.

Below are some of the more popular kinds of electronic freebies you may want to take advantage of to make joint ventures work for you.

1. Free e-Books. Present these to your visitors. The e-book should tell something about your web site and what is offering.

2. Free e-Coupons or e-Gift Certificates. Give out free electronic coupons and gift certificates to your visitors so they will have an idea about your products or services.

3. Free e-Courses. Provide your visitors free electronic courses. They could e-mail your follow-up autoresponder to be able to get a free lesson everyday.

4. Free e-Reports. The reports could be in autoresponder form or in text format. In these reports, inform them about what your product or service is about and how it will benefit them.

5. Free Software. A lot of people are a sucker for free software. It could be a game or a useful utility. Have them download easily straight from your website.

6. Free Online Services or Utilities. Since most people are online most of the time, these freebies should be more than useful. They should also be ready to use right from your web site.

When you have decided on which type of joint ventures suit you the most, you can make use of this freebie strategy so your advertising will rapidly spread on the internet.

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Internet Marketing Success With Joint Ventures

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The internet is not only a major source of information. It is also a major source of making money. And one way of making money is thru joint ventures.

Joint ventures are presented in many various forms. Some can be as simple as promoting newsletters. While others can be as complicated as a cross-promotion of complimentary products between partners. There are even some joint ventures that aim on starting new projects from scrape.

All these things make joint venture a great tool for growing your business in different aspects. But for new marketers, getting into joint ventures seems a daunting task. This is especially so when it comes to reaching out other internet marketers.

You can look for businesses to joint venture with whether online or offline. It would be best to find one that has the same target audience but is not really in direct competition with yours.

To find a joint venture online, you can participate in discussion groups, forums and other forms of communication that targets the market you are into.

You can also search in web directories and search engines to find the right businesses you can joint venture into.

Oftentimes, marketers look like they are “spamming” when in reality, they are just trying to find a joint venture partner. This is why some of them would rather not try than be caught doing these things.

It does not have to be that way. There are things you can do that will make your joint ventures as easy and as safe. They will also prove helpful as you go about your task.

Here are some of them.

1. Get acquainted with your potential joint venture partner.

To avoid being considered a spammer, do not try and email everyone on your list. You will not get the partners you want if you do it this way. Your reputation might be ruined too.

Try to subscribe to your potential partner’s ezines. Look into their websites or blogs. it is always best to get to know a little about them before presenting them your proposal.

2. Take time in approaching possible partners.

Be polite and flattering. Using some flattery can be effective most of the time. Inform them how you like their business and the things that you have seen in them that makes them different from other companies.

Leave constructive comments on their site. You will be amazed at the response you will be getting by using some flattery. This is an initial way of developing a good relationship with your potential joint venture partners.

3. Promise what you can deliver.

Your financial approximation should be realistic enough. Be honest about it to your future partners. Relate your proposal truthfully and based on your actual situation. Be sincere.

Get them to trust you enough to agree on what you are suggesting.

Starting a joint venture is not really that frightening once you have gotten into business with the business of your choice. Just think of all the benefits you will be getting.

Doing joint ventures with other business can enhance your chances of keeping up or beating your competition. It will also help in increasing your sales and increase your profits fast.

Other than that, joint ventures can:

1. Lessen your operating costs once you share then with other companies.

2. Get you more leads and referrals for businesses related to yours.

3. Divide the workload to be done. Valuable time is spent wisely this way. Plus, you get more quality time for other things.

4. Offer your customers varying products and services besides the one coming from you.

5. Get more business associates that will prove important to you and your business.

6. Receive free advice and vital information regarding and from other businesses.

If ever you cannot get those negative feelings of your mind, just think about what joint ventures can do for you. For sure, they will surpass all other things.

Just keep in mind that joint ventures are not a “solo performance”. You are into a business with others that only want the best things for both of you. Consider these things first before you go into a partnership that requires dedication and sharing.

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Joint Venture 101

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A profitable joint venture can mean a good amount of fortunes in a short period of time; it can bring your products and services to the right market without spending a cent of your own money. It can mean free media attention and everything else that has something to do with sales and marketing.

All of these things translate into more sales. More free time and more of everything that is good.

In simple terms joint venture simply means that two or more business people or company partnering up to create a win-win situation for all the parties involved.

Joint venture can be quite tricky for beginners, but once you get to know the knack to follow joint venture rules, you can be on your way to building your empire out of thin air.
Dealing with joint venture you can be into one of these positions:

IF you have your own products, then joint venture with list owners is what you have. In this nature of business you should be extra careful because most of the members of the list want to do business only if your product is new and have a proven value for their customers.

One great advantage of having a list owner is that most people in this side of the industry real knows what they are doing and were created for different categories.

There are many list owners on the business today, you can use many of this links to leverage their customer assets and split the profit with the owner.

One important thing to remember is to never to a joint venture with list owners that does not match with your product or services.

If you have your own customers list, joint venturing with other product development owners will be the one for you.

Basically this type of joint venture, can give you a much higher income than your partner and you do not have to develop your own product or services.

All you need to know are those products or services which best suits your customers needs. Let me advice you to use a software program, because doing this with your bare hands can take some time.

If you have no product or even no customer list, you can still go into joint venture; you can become a deal maker. Yes without even any money you can start your own business.

What you have to do is to look for the right product and the right list of customers. This way you will charge a percent from both sides for years to come.

Have the knowledge to make money online and you too can also do joint ventures.

Perhaps one of the 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 the way, it is a fair amount for your work.

Connect to the Internet and search for great products that have very poor advertising. Identify one product or service, look at their web site, sales letter, order forms, web design and many other things you can improve.

The problem with Joint Venturing is to work smart not hard!

At this point, you probably wonder if it’s as simple as I told you. Yes, it is that simple! Never forget that simple ideas can generate better solutions for your problems.

Joint Venturing creates tremendous benefits for both parties, without any initial investments.

People are eager to buy from someone who trust and know!

Please read this carefully and more than once. Do it again and again until you’ll understand that a Joint Venturing it’s not possible without this rule.

People are eager to buy from someone who trust and know!

The most valuable assets you have in your business are the relationships you have built with your customers.

The money is in the list! The money is in the backend sale. Don’t you ever forget this!

No matter what kind of business you run, definitely an educated list of customers represents your best asset. Without a list you cannot survive in these days.

The key to succeed is to constantly enlarge your list of prospects/ customers and to offer them the right product, at the right time, with the right price.

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What is Joint Venture?

Published / by Sir Timan / Leave a Comment
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A joint venture, or abbreviated as JV and sometimes called joint adventure, is a tactical union flanked by two or more parties to embark on a financial activity together. This alliance agrees to create a new entity together by both contributing equity and they then share in the revenues, expenses, and control of the enterprise.

The venture can be for one specific project only, or a continuing business relationship such as the Sony Ericsson joint venture.

Organizations can also form joint ventures, for example, a child welfare organization in the Midwest initiated a joint venture whose mission is to develop and service client tracking software for human service organizations. The five partners all sit on the joint venture corporation’s board, and together have been able to provide the community with a much-needed resource.

Joint ventures are more common in the oil and gas industry, and often are dealt within corporations on the national and local levels. A joint venture I always seen as something good in this kind of business industry and a very good alternative in this sector as local companies can complement their skills and technology sets while it offers the foreign company a geographical presence.

As there are good business and accounting reasons to create a joint venture (JV) with a company that has complementary capabilities and resources, such as distribution channels, technology, or finance, joint ventures are becoming an increasingly common way for companies to form strategic alliances.

There are so many reasons why companies form joint venture, listed below are some of them.

One of the most common internal reasons why most companies join joint ventures is the spreading of cost and risks, sometimes companies who are into new projects looks for another company who is willing to undertake the same project with them. This way, companies are able to spread out the cost and the risk of failing.

Joint venture is also a good way to improve financial access or resources, like for example your company can make a deal with non-profit organizations who can be exempted from taxes, so that your project will have lesser cost and much more financial gaining.

You can also be partners with bank or other companies that has a much higher earning than your company.

Economic scale is also one good advantage of having a joint venture, when you have a small company but have a very broad idea or have something new that will surely attract large mass of sales, and your company cannot afford to stabilize such project you can go for some company who are larger when it comes to economic scale.

Being partners with other company and joining in a joint venture also give you access to new technologies and customers. It also gives you the much coveted access to innovative managerial practices.

Joining joint ventures can also influence structural evolution of the industry. It is also a good way or pre-empting competition, like if you have a competitor and you on the same financial field and he has good strategies that work as well as your, forming a good joint venture with this company can boom into a much bigger company, meaning bigger sales and more money.

Joint venture is also a good response to blurring industry boundaries. Joining two companies can also lead to a creation of stronger competitive units. Joint venture can speed up market and improve agility of the company when it comes to business terms.

When a creation company like what other companies are doing an would like to adopt it on a much more legal way, joint venture is good thing to do. Joint ventures help transfer technology of one company to the other.

If your company would also like to transfer skills from other companies you can also look into joint ventures.

Diversification is also a great reason why some company goes into joint ventures, this helps them stabilize their company growth and also make them available to different forms and types of business industry.

Other countries may require foreign companies to form a joint venture with their local firms in order to enter a certain market. This requirement often forces technology transfer and managerial control to the domestic partner of the joint venture.