There are many ways to make money on the internet. All methods however, come with a price-tag. For starters, you will probably need to purchase basic business software and relevant learning materials. Planning and developing your ideas will definitely require dedication and perseverance all along the way.
One of the best methods for getting started is to partner with other internet marketers so that you can reach larger target audiences.
These joint ventures or "JV's" can take-on many different forms. Some are as simple as promoting each other's newsletters, while others may be more complex partnerships with cross-promoting of complimentary products. Some JV's even involve starting entirely new projects from scratch.
Joint Ventures are a powerful tool for expanding business in many areas. So, what is stopping 'you' from using this technique to expand your business?
For many new internet marketers, starting a JV can be a frightening task, especially when it comes to contacting other internet marketers.
Too often, many internet marketers appear to be "spamming," when they are really just seeking other JV partners. Here are some tips that may help you along the way:
1. Get to know your potential JV partners.
If you start emailing everyone on your list of potential partners, chances are you will be considered a common spammer. You won't get the partners you want, or even worse, may destroy your reputation in the process.
Instead, subscribe to your potential partner's newsletter and check out their websites and blog. Get to know them a little bit before approaching them with a proposal.
2. Go slowly when approaching potential partners.
Let's face it, everyone likes a little flattery. When contacting your potential JV partner, treat them like your "first date." Be courteous and complimentary. Tell them the things you like about their business. Join their newsletter and tell them you think it is awesome, and why. You will be surprised at how much attention you receive by using a little well placed flattery as you proceed to develop your relationships with potential JV partners.
3. Your financial estimates should always be realistic.
Don't promise what you can't deliver. Be honest with your potential partners. Explain your proposal and benefits in realistic terms, but don't hype. Be honest, open and sincere.
Getting a Joint Venture off the ground doesn't have to be scary if you start by following the three simple steps given above.
Get going and get growing today!
There are many ways to make money on the internet. All methods however, come with a price-tag. For starters, you will probably need to purchase basic business software and relevant learning materials. Planning and developing your ideas will definitely require dedication and perseverance all along the way.
This Article Was Published By Hans Hasselfors, from The Business Professional. Get the net working for you. Join a community of like-minded entrepreneurs and make your living online. Become a member of The Business Professional network: http://www.internet-marketing-experts-online.com
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Strategic Internet Marketing Using Joint Ventures
Michael Turner - Posted on: 2005-08-06 14:11:11
The goal of most webmasters is driving more traffic to their website in order to increase revenue. As a result, finding creative ways to market on the internet is critical. One such option is using joint ventures to assist in strategic internet marketing.
The way this works, however, requires two or more businesses working together for the good of both. You cannot have a joint venture if you don't have another website or business working with you, so you must accomplish this first and make sure the goal is to benefit both websites involved. Read the following suggestions for strategic Internet marketing with joint ventures.
Joint venture #1 - Link Trades
Joint venture #2 - Combine Web Pages
If you are having problems getting business then you might consider linking your products and services with another website that has a similar target market and complementary products. This way you can share the expense of the website, hosting account, and administrative costs, and split the difference on products. It's a good way to cut down on overhead and increase your inventory at the same time.
Joint venture #3 - Testimonials
Testimonials have been proven to make visitors feel more comfortable and confident with a product or company. You can create a joint venture to help another website with their testimonials and have them do the same thing for you.
Joint Venture #4 - E-book
Joint venture with another website to write an e-book that outlines different services and provides good information for visitors. Make sure that reading the e-book is actually worthwhile and informative. Then, include advertisements for both businesses in the e-book and allow the e-book to be downloaded for free from both websites. This is great advertising and by giving something away for free you will make your visitors feel more positive about your company.
Joint Venture #5 - Ads
Another joint venture idea that you can team up with another website or business to accomplish is autoresponder ads. Both websites can host these ads for the other website and as a result, have more coverage and business.
There are thousands of different join ventures you can involve yourself in. However, make sure you put some serious thought into the joint venture agreement and that it will be lucrative for everyone involved. If not, you will have a hard time finding anyone to joint venture with you. It is important to make sure you have thought out the joint venture from both sides before presenting another website with the opportunity.
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