Creating Joint Ventures
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Simply put, a joint venture is when you work with another person on a project or some kind.
The main reasons you may want to form a joint venture is that you want the backing of a high profile partner who has resources available to him/her that you do not. This may be a large mailing list, best practice advice, webinars, or cost effective tools that can get massive exposure for your products very quickly. It may be that the proposed partner runs a forum, blog, or has alot of contacts in they're social media profiles that can advertise your product using a banner or link. They even may have a very successful website where your product can be promoted.
OK, it is your product or service. You created it, tested it, documented it, etc... However, you are having problems marketing it. You need to find joint venture partners. Unfortunately, the type of person you might approach will undoubtedly be very busy and probably see several joint venture proposals or venture capital request daily. You need to catch their attention, network, or hang out on the same sites they do. You need to provide them with a big benefit for promoting your product or service. You need to offer them a high commission rate for promoting your service.
The process of finding joint venture partners is a tedious one. I tried for several months to find joint venture partners for some of my own software. Eventually I did get a couple of high profile people to promote my software through their mailing lists. Sales soared. Joint ventures are definitely the way to go.
As a membership site, you pay a monthly fee and have access to many of the big names in affiliate marketing who could promote your products. One tool you can use is the Elevator Pitch System. Our site offers resources to help you find joint venture partners. Some very high profile personalities (especially in the field of internet marketing) are already members, making your work of finding joint venture partners easy.
One way it can work for you is simple. Create your elevator pitch and host on your private portal. State what you have to offer and how much you are prepared to pay in commission. Send your link and your joint venture proposal will be e-mailed to all members who have expressed an interest in your category of product. You then just need to sit back and wait for THEM TO CONTACT YOU. Told you it was beautiful.
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Joint Venture Partners- What is in it for me?
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