How To Form A Strategic Joint Venture
- ARTICLES |
Forming a strategic joint venture can be a good move for your business. Alot of business owners get involved with joint ventures because of the fact that it's an easy way to gain new customers for free, and to sell to people who are apart of their ideal customer list. If you're looking to form a strategic joint venture, then good for you - it's a good decision on your behalf.
To form a strategic joint venture, there are some tips however that you will want to follow so that you can have the most chances of success. One thing that you don't want to do is blatantly send out messages to everyone requesting a joint venture proposal. If you send out the same template message to everyone, your email won't seem unique and you won't come across as someone who is genuinely serious and interested in making money.
Instead, to form a strategic joint venture, there are some things that you will want to do to have success in your favor. Let's take a look at the first thing that you should do if you want to have joint venture success.
1) Research your potential partner
If the person you want to form a strategic joint venture with has an email list, it's best to join their list and become an active member of their list. As them questions and contact them frequently enough so that they know your name. This way when you go to approach them with a joint venture opportunity, they will know who you are and won't be skeptical about whether or not to do business with you.
If they have a blog, be sure to sign up to their blog newsletter also. You want to comment on their blog posts when possible so that you can get your name out there and to familiarize yourself with them. When doing blog commenting, be sure to list your website also so that they can see that kind of website that you're promoting. This will let them know whether or not you're a good candidate for a joint venture. Here's another tip for forming a strategic joint venture.
2) Don't rush
You don't have to be hasty in your approach for a joint venture partner. Take your time and be patient with how often you email your potential partner and comment on their blog. When it does come time for you to email them about a potential offer, be sure to flatter them and make them feel special. Here's the last tip.
3) Have a good JV letter
Having a good joint venture letter is important for a number of reasons. I mentioned above that you want to flatter your partner and I sincerely mean it. Do your best to show them the benefits and pros of doing business with you, and show them what they will get from doing business with you. Nobody wants to do business with a "me too" company, so show the value and show them what they will get from doing business with you.
Use these 3 tips to form a strategic joint venture that will be a success.
Good luck with joint venture marketing and having the success that you desire.
ABOUT THE AUTHOR: Randall Magwood is one of the most respected and highly-regarded online marketing experts on the internet. He has a website about internet marketing that helps small business owners learn how to market their business online simply and easily. To learn more, visit his website here: http://www.internetmarketing-rules.com
To form a strategic joint venture, there are some tips however that you will want to follow so that you can have the most chances of success. One thing that you don't want to do is blatantly send out messages to everyone requesting a joint venture proposal. If you send out the same template message to everyone, your email won't seem unique and you won't come across as someone who is genuinely serious and interested in making money.
Instead, to form a strategic joint venture, there are some things that you will want to do to have success in your favor. Let's take a look at the first thing that you should do if you want to have joint venture success.
1) Research your potential partner
If the person you want to form a strategic joint venture with has an email list, it's best to join their list and become an active member of their list. As them questions and contact them frequently enough so that they know your name. This way when you go to approach them with a joint venture opportunity, they will know who you are and won't be skeptical about whether or not to do business with you.
If they have a blog, be sure to sign up to their blog newsletter also. You want to comment on their blog posts when possible so that you can get your name out there and to familiarize yourself with them. When doing blog commenting, be sure to list your website also so that they can see that kind of website that you're promoting. This will let them know whether or not you're a good candidate for a joint venture. Here's another tip for forming a strategic joint venture.
2) Don't rush
You don't have to be hasty in your approach for a joint venture partner. Take your time and be patient with how often you email your potential partner and comment on their blog. When it does come time for you to email them about a potential offer, be sure to flatter them and make them feel special. Here's the last tip.
3) Have a good JV letter
Having a good joint venture letter is important for a number of reasons. I mentioned above that you want to flatter your partner and I sincerely mean it. Do your best to show them the benefits and pros of doing business with you, and show them what they will get from doing business with you. Nobody wants to do business with a "me too" company, so show the value and show them what they will get from doing business with you.
Use these 3 tips to form a strategic joint venture that will be a success.
Good luck with joint venture marketing and having the success that you desire.
ABOUT THE AUTHOR: Randall Magwood is one of the most respected and highly-regarded online marketing experts on the internet. He has a website about internet marketing that helps small business owners learn how to market their business online simply and easily. To learn more, visit his website here: http://www.internetmarketing-rules.com