Today I have another fun and easy way to do a joint venture with another mom who also works at home online.
Write a small report together
This can be as simple as the article idea only kicking it up a notch by asking for some more cooperation from the partners. You’ll work together in creating the report; giving both of you credit and links back to your websites. more…
More Joint Venture Success -Collaborate on an event.
Have you ever had a conversation with someone from your field and found that you love the same topics? Take that synergy and turn it into a Teleseminar or web conference!
In much the same way that you would have cooperated on an article or small report, work out an outline of content together and plan out who will cover what aspects of your topic – developing a rough script. You’ll be amazed at how two people can brainstorm better than one. The quality of your material can really be taken up a notch. This will bring you even more loyal customers. more…
You’ll send a list of questions to the other person, collect their answers and then share this email interview with your mailing list. more…
The first examples that come to mind are information products. Imagine that you and your potential JV partner are both in the weight loss field. Your competitor is releasing a new ebook about exercise. You can offer her a complimentary free special report bonus to give away with the product that is all about gentle stretching techniques.
Another example would be for physical product sellers. You sell food mixes and your JV partner sells kitchen tools. You can prepare some sample packets and send her a bundle, allowing her to give one away with each order.
In both cases you are giving them something to promote and emphasize on their website in a way that helps them get more sales. And at the same time, you and your products get extra exposure.
Other bonus ideas would include audios, videos, email coaching, etc.
See you at joint venture part 8.
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Consider starting an Affiliate Program.
If you’re really serious about finding ways to cooperate and partner with your competition, you have to have something that answers the ‘What’s in it for me?’ questions that you’ll be getting.
If I’m going to tell my list about you – I’d love to get a commission on any sales I send your way. Sure, I may do it even without the financial incentive – but we are in business here right?
It definitely sweetens the pot for that first contact as well, when you can tell them that any new customers they refer to you will result in lifetime residual commissions for them.
If you don’t have an affiliate program now, what’s holding you back?
Affiliate programs to consider
How to initiate a joint venture. And what to do once you have completed your first joint venture.
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How you can initiate a relationship with your Competitor?
Do Some Promotion for Others
Just Ask Someone You Would Like to Partner With
Like the example I shared above in the article partnering section – you simply need to ask the person for what you want.
Make things as easy for them as possible
You are asking them to act in some way – so you can’t make it effortless, but you can offer to do any necessary footwork.
Join me for part 10 of our joint venture discussion.
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After you’ve successfully partnered on something small you may have the makings of a long term partnership.
Enjoy setting up your first joint venture!
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