Copyright 2005 Mike Law
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 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 marketers, starting a JV can be a frightening task,
especially when it comes to contacting other marketers. Too
often, many 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!
About the author:
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