Without a doubt, if you asked me, Shane if there was only 1
marketing strategy that you could use on the Internet, what
would it be? Without hesitation I would say joint Ventures.
Joint Ventures are easily the most lucrative Marketing Strategy
ever invented and if you learn to do it right, will likely be
the ONLY marketing strategy you will ever need to use.
A Good Internet Joint Venture is your shortcut to success. It
can send you more qualified internet traffic rushing to your
site in the shortest amount of time than anything I've ever
seen! And it can mean bringing your product to market without
spending one single penny of your own money!
In it's simplest form, Joint Ventures have to do with 2
businesses (or more) joining forces to leverage off of each
others success, assets and/or expertise. There are hundreds
of different variations but let me just give you one simple
example:
One variation of a simple type of joint venture partnership
used most frequently would be where one business provides a
product for sale, the sales message and the product delivery
while the other business provides the recommendation for that
product to their own list of subscribers/prospects and receiving
a commission based on the sales generated through that
recommendation.
The benefits are great. You can build your subscriber list,
leverage off of your partners infrastructure like using their
existing servers, software etc where you don't have to pay a
dime. Even get instant credibility - If you pick the right JV
partner, you can acquire instant credibility and reputation
with their customers and lists. Credibility sells. Let me give
you an example, if you created a book on "how to acquire real
estate", you could certainly make MANY more sales if you JV'd
with Donald Trump and put his name on the book as the co-author,
building your reputation and increasing your credibility at the
same time. Are you starting to see the incredible power of this
strategy?
Now I know that some people may think that Joint Ventures are
difficult to do,but if they are telling you this, then I
wouldn't take anything they tell you at face value because
they're either lying to you or don't understand it themselves.
Let me show you how easy it is. Here's typically what I do
when rolling out a new product. In this example, let's pretend
that I just completed a new ebook on Penny Stock Trading and
have setup a web site with an affiliate program. I would go
to google, do a search on keywords like "penny stock", "penny
stock trading", "stock market strategies" etc..you get the
picture. The top sites on the first page are typically your
target partners because since they appear on the first page you
can bet they have lots of business, traffic, subscribers and
customers. I would visit each site to make sure that they are
right for my product and then I would first send them a very
brief email asking them if they would be interested in marketing
my product in exchange for a high commission as an incentive.
Typically in this email you should briefly introduce yourself
and your product. Describe your product and the benefits it
would offer to their Newsletter subscribers, customers and/or
web site visitors. Ask them politely if they wouldn't mind
responding to you asap and provide your contact information
if they are interested in marketing your product. Also very
important, you need to give them access to this product FOR
FREE!..so that they can review the product and feel comfortable
about endorsing it. These site owners have spent years building
their business, lists and cultivating their lists to be very
responsive. Any endorsement they do to their huge lists could
mean thousands of dollars in your pocket for very little effort.
More than half of them won't reply. That's ok, move on it's a
numbers game.
Remember if just one of these super affiliates decides to market
your product you're golden. Once they contact you all you need
to do is setup their affiliate account and commission. This will
ensure that their commission will be calculated properly when
they endorse your product to their list. Just do this over and
over again to all of the relevant site owners. Try doing 3 or 4
per day and after a week you'll have 4 or 5 good JV partners
willing to market your product. Within a week you'll be on your
way to making thousands of dollars per month, all for 5 hours
worth of work and at NO COST to you. Isn't that easy?
The great thing about this strategy is that you don't even need
your own product to profit from this strategy and here's how.
Find someone else's product, join their affiliate program (make
sure it's a two tier program), then use my strategy to find
super affiliates that would be willing to endorse this product
to their list and/or advertise on their HIGH traffic site, then
get these Super Affiliates to join the affiliate program under
you and you can collect a HUGE amount of 2nd tier commission by
having these Super Affiliates do all the advertising for you,
AND you can do this over and over. Think of the INCREDIBLE
potential!
That's all there is to it.
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