By definition..What is a JV?

by ktlasm 10 replies
Greetings,

As I read many of the post in different threads, I can't help but notice just how many people do not know what a JV is. So, I thought I'd ask the question for all to see and gain better understanding from my fellow WF friends.

Your welcome in advance.. T.C. ...lol
#main internet marketing discussion forum #definitionwhat
Avatar of Unregistered
  • Profile picture of the author mojoisland
    IMO a JV is a mutually beneficial partnership where 2 parties come together and Party #2 offers something Party #1 needs and does not have additionally Party #1 can offer something to Party #2 that they don't have. For instance Party #1 has a great product but they do not have a list to market it to. So they partner with Party #2 who has a list. Party #2 agrees to market the product to his list in exchange for a % of the sales.
    There are many other examples of JV's but this is the example that I have been involved in.


    Cheers!
    Robert
    {{ DiscussionBoard.errors[85856].message }}
    • Profile picture of the author Eric Lorence
      An IM Joint Venture is usually a group of marketers, joining together, each offering a product or service for free as incentive to...

      A: Increase the signup's and size of each partners list, and

      B: Promote products and services to each others lists.

      This is a most basic description.

      There are many variations of this formula.

      Best!
      {{ DiscussionBoard.errors[85891].message }}
      • Profile picture of the author ktlasm
        How does a newbie land a great JV venture?
        Signature

        I'm pretty cool if I say so myself...lol, and I know my stuff, folks. I'm 31 years old and I'm full, full, full time on the internet. No part timing around this way...I'm here because I simply enjoy spreading as much love & light as I possibly can. Check me out on facebook,& say Hi. http://www.facebook.com/kevingmadison or twitter http://www.twitter.com/kevinmadison

        {{ DiscussionBoard.errors[86745].message }}
        • I would have to say the best demonstration of what your asking for is a story of an internet marketing, Sterling Valentine. Sterling attended his first JV Alert and was completely new, no list - no product - no nothing. He stood out by helping others first which got the attention of a lot of the bigger marketers. He didn't push some idea or product on them hoping they would promote it, he simply did favors for everyone and the law of reciprocity came out of it. From what I've seen some of the best JV opportunities even for newbie's is events and seminars. Just go in with the attitude of helping first without asking for anything in return. I think Sterling has done pretty well with that model so far.
          {{ DiscussionBoard.errors[86752].message }}
        • Profile picture of the author mbacak
          First my definition is simple:

          To me a JV is just a Aflillate partner that you have a closer relationship with.

          To get JV partners.... we'll there are many ways to do that.

          The easiest way is to go to Internet Marketing Seminars and find them there. Typically all JV's are made outside of the seminar room. (and the Bar)

          Another way is to go to google. Type in your niche followed by, "tips","Newsletter", "ecourse", "ezines" and others like that.

          Find webstes that have optin pages, or optin boxes - Clue they have a list.

          then contact them. Look on there website and see if you can find there contact infomation. If you can't take there url and put it into Domain Tools: Whois Lookup and Domain Suggestions and if they did not make there site private then you have there contact information.

          then contact them by email, phone or fax. What ever method you choose and you have as a option.

          There are other ways but hope that helps you.
          Signature
          The Listbuilding Club (join by clicking below)
          {{ DiscussionBoard.errors[86758].message }}
        • Profile picture of the author Samuel P.
          Originally Posted by ktlasm View Post

          How does a newbie land a great JV venture?
          You don't have a list to leverage so you'll need to offer services.

          Offer them 150 articles in exchange for a promotion and you might have a shot.

          Or just JV with other newbies and slowly build yourself up.
          {{ DiscussionBoard.errors[86816].message }}
  • Profile picture of the author Tim Franklin
    Strictly speaking a Joint Venture is everything mentioned in the above posts.

    Speaking from a legal standpoint it has an entirely different meaning.

    A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together.

    The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise.

    The venture can be for one specific project only, or a continuing business relationship such as the Sony Ericsson joint venture.

    This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.

    The phrase generally refers to the purpose of the entity and not to a type of entity.

    Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability. source From Wikipedia, the free encyclopedia,
    What is most commonly refereed to as a JV in Internet Marketing is really more of an alliance.

    A Joint venture is very difficult to sustain, since being human, we tend to all have a different outlook on what may or may not be profitable.

    It is interesting to consider the ramifications, of how a Joint Venture ( a legal one )

    Could under the right circumstances, produce some surprising results as well as tax benefits.

    A few years ago I was part of a strategic alliance that produced obscene profitability.

    I just put the two CEOs together at the same table and let nature take its course.

    The result was nothing short of Amazing, new products Jointly manufactured by the two different companies, A product line that enhanced the recording abilities of music professionals all over the world.

    Hard ware and software, working together to create a new product that benefited both parties.

    That is what you want in a JV.

    Just a few pence,

    Have a great Day.
    Signature
    Software Development | Applications | OSX | iOS | Android | Cloud Software Engineering |
    {{ DiscussionBoard.errors[86843].message }}
    • Profile picture of the author vorales
      Hi Ktlasm,

      JV stands for Joint Venture.TIM, EMBACAK Has explained it nicely.

      All the best.
      {{ DiscussionBoard.errors[86914].message }}
      • Profile picture of the author StevenDRR
        People tend to get mixed up with JV and affiliates. Let me give you my definiton of a JV.

        A JV is when two parties are contributing to create a product/site.
        Let's say for instance, IM person#1 did the programming that ran the site while IM person#2 did the sales copy. That's a JV.

        Affiliate, is when someone has a big list and they are just sending out offers to their list.
        Even if they are given special discount rates for their list to purchase, special bonuses, or extra features I think they would be consider a super affiliate.
        Signature

        FREE E-books with Resale Rights. Get Them While They’re Hot.
        http://www.DownloadResaleRights.com

        {{ DiscussionBoard.errors[87025].message }}
        • Profile picture of the author ktlasm
          Good friends, I'm not asking for myself..But for many people as I read different threads have questions about .... You guys are awesome!
          Signature

          I'm pretty cool if I say so myself...lol, and I know my stuff, folks. I'm 31 years old and I'm full, full, full time on the internet. No part timing around this way...I'm here because I simply enjoy spreading as much love & light as I possibly can. Check me out on facebook,& say Hi. http://www.facebook.com/kevingmadison or twitter http://www.twitter.com/kevinmadison

          {{ DiscussionBoard.errors[87114].message }}
Avatar of Unregistered

Trending Topics