A fast and easy way to make money in your online business is with joint ventures. Joint ventures or JV’s is a great way to launch a business, or to make money without a product, list, or marketing plan. And when it comes to internet marketing, you need all the advantages that you can get. And joint ventures are something that you will want to incorporate into your online business.
If you’re a newbie to internet marketing and don’t know how to do joint ventures, simply Google it. Believe it or not, there are actually websites on the internet that consists of nothing but joint venture partners that you can form an alliance with. Sure you’ll have to pay a monthly fee to stay in the program, but the amount of money that you can make from joint ventures will far surpass the small fee needed to join the website.
The art of joint ventures is something that you will want to master. Even Donald Trump knows about the power of JV’s… he’s written a book about it! So this is a very potent strategy that can earn you quite a bit of money in a short period of time. In fact, I would like to start off with some simple ways that you ensure joint venture success even if you’ve never done it before. Here’s the first tip:
1) Have a great product
Nobody wants to say “yes” to a product that doesn’t seem of high quality. In fact, even before a joint venture partner agrees to a JV, they will want to get a copy of your product, to see if it’s best for their customer base, and to see if it’s of any good quality also. This is the backbone of a successful joint venture.
It doesn’t matter what you sell. Somehow and some way, your JV partner will want to “sample” or “demo” your product. Even if you’re in a service profession, your JV partner will want to sample your expertise before they agree on any deal. So if you’re writing a book, how long should the book be?
Well, I know you’ve probably seen good books that are around 40 pages long and thought that it was one of the best books you’ve read in a long while. But truthfully, people equate quality with bulk. So see if you can push your book past the 100-pages long limit. Here’s another tip for succeeding with JV’s:
2) The sales letter must be good.
It doesn’t matter how good your book is. If you can’t write a stellar sales letter that convinces people to buy, then you’re wasting your time. You need a good marketing strategy and a plan to convert visitors into buyers. If you’re not a good copywriter, then maybe you should pick up a good book on the topic and learn how to write copy that sells.
This is what your JV partner will be looking for also, and if it’s good, it will impress them. If it’s bad, then maybe you will waste your time trying to convince them to do a deal with you.
These 2 factors for making money with joint ventures are something that you need to take seriously consider heavily.
By Andrew Adamson