Selling Resell Rights Products With Joint Ventures
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Tons of businesses online have been launched via the use of joint ventures and yours can be launched this way too. It’s the purpose of this article to show you how to use joint ventures to your advantage, and how to use them to sell your resell rights products.
Here’s the first tip for selling your resell rights products using joint ventures.
1) Find publishers of email newsletters
To immediately get into the joint venture game, you will want to contact publishers of email newsletters. Some of these publishers will say yes and some of them will say no - you’ll never know until you approach one of them. As a tip, to get them familiar with you, you may want to consider joining their list first and then contacting them for a possible deal.
Another thing that you also will want to do is send them a copy of your product for free. Most publishers won’t entertain the idea of doing business with you until you’ve sent them a copy of your book first. So send in your product so that they can see that your product is of high quality and is worth mentioning to their subscribers.
After the publisher has read your book and has contacted you back, you will want to negotiate rates. If you currently have an affiliate program for your product, you may want to consider offering them 10-15% more than your current affiliate program commission rate. This will make the offer appealing to them and will get them to more than likely say yes to you.
2) Make your proposal letter good
If you really want someone to take you serious about your offer, you will want to make your proposal letter good. Your proposal letter should list the features and benefits of your product and why you’re choosing it for a possible deal. Your job at this point is to communicate these features and benefits to your potential partner and let them see who it will benefit their users. No one wants to recommend a bad product, so do your best to make sure your product stands out in the most favorable light.
3) Show the benefits
Show your potential partner how they will benefit from doing business with you. You should list reasons aside from money, and you should make it as easy as possible for them to say yes to you.
You have to keep in mind that your potential partner is busy with his life and doesn’t really have time to play games. You have to do your best to show them the value of your offer and how they will benefit from doing business with you.
You should be able to offer your potential partner tracking stats that they can use to measure their progress. Never approach a partner until you have the proper tracking tools available. If you don’t have one, this is a sure way to waste their time and to get them frustrated with you.
All in all, your resell rights product can be sold via joint ventures. It takes a bit of time to set up, but once it’s up and running, your results can be monumental.
Good luck marketing your products via joint ventures.
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