How To Use Joint Ventures To Maximise Your Profits

There are many different ways to find joint venture partners. In this article I will show show you several. Also some more targeted strategies you could use to get other marketers to promote your niche products and web site.

Put simply, a joint venture is an agreement between yourself, who has a good niche product, and another marketer in your niche who has a list of subscribers who could have an interest in your product. These are the backbone of your business. Just five decent joint venture partners who promote your ebook to their email list in exchange for a commission can put your current income through the roof. Read this newsletter and go out and take action. I assure you your results can be life changing.

Know Your Conversion Rate

The first mistake beginners make is to start contacting JV partners left right and centre before they've even made a sale of their ebook themselves. This is wrong. Very wrong. You need to be able to contact a potential JV partner and be able to tell them how your sites converting.

Site conversion is simple. It's the amount of visitors to the amount of visitors who buy. So for example if one hundred people visited your site and two bought your conversion is two percent. You want to get at least one thousand visitors before you know your conversion.

To work out how your sites converting download the software from one of the many statistics sites out there such as www.statcounter.com. Don't worry it won't cost you a penny.

Offer Large Commissions

Once you know how well your sites converting (if no one's buying don't even bother contacting marketers. You have to work to improve your sales letter, maybe change your headline, really whatever you have to do to see results) before you can start contacting JV partners. You should offer your JV partners a larger incentive than your usual affiliates. If you offer your affiliates fifty percent commission, offer your JV partners seventy five percent.

OK, I can almost hear you thinking "whoa up, hang on there""wait a sec. those commissions are huge? I won't make any money myself". This is where so many go wrong. If people are sending you tons of visitors you can build your email list and offer them other products in email promotions, and you can also make money selling back end products.

Return The Favour

Offering high commissions is not enough. Tell them that you'll add a message into your auto responder set up so that you'll market their products via an affiliate link in your back end. Explain that you'll be setting up joint ventures with other marketers in the niche so that they'll get visitors to their site without spending a dime.

Using Clickbank

Please, please understand one thing. If you're selling an ebook on fitness don't start contacting marketers who sell gardening products. That's just ridiculous. Only contact marketers who sell products aimed at your niche market and therefore have an email or customer list of people who may have an interest in your ebook.

With that in mind start at www.clickbank.com. From the home page you would find the list of products in your niche by clicking on "promote products" then searching the marketplace"promote products" on the home page and then search the marketplace for products in your niche. Contact the product owners and try setting up a JV.

Google "Ezine" Trick

This is a great way to find marketers with ready made email lists they can send a promotion to and sell tons of copies of your ebook virtually overnight.

Go to your favourite search engine and type in "(the niche you are interested in) ezine""(niche) ezine". So for example if you were selling a bass fishing related ebook you'd type in "bass fishing ezine". What you'll get is a huge list of results of web sites in which people have a bass fishing email newsletter (or ezine). Obviously they won't all have one, often you'll get millions of results, but you can spend a few hours going through the results and get more JV contacts than you could ever hope for!

Google "Allintitle" Trick

Here's another cracker. Do you think web sites that have your niche market keyword in their domain name might be great potential JV partners? Of course! Go to your favourite search engine and type in "(the niche you are interested in) ezine""allintitle: (niche)" So for example if you were selling an ebook on song writing you'd type "allintitle:song writing" into google. Go through the results contacting marketers and setting up hugely profitable joint ventures.

Leverage Results

Once you set up one profitable JV use the results to start setting up even more joint ventures. You can say things like "Joe bloggs from domain name.com made X amount of sales and earned X amount from just one mailing to his list". This really is powerful because it shows people that you know what you're doing.

Now go and take action. You really can set up joint ventures with any niche markets top guns if you go and actually do it. Good luck!

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About Chris Haycock

Chris Haycock specialises in helping people start their own online ventures. Why not visit http://www.easyebizz.com and get your hands on a no cost two and a half hour internet business video. Enough on it's own to set you up in business.


And here is another random article you might be interested in...

Top 5 Valentine's Day Gift Mistakes

Mad rush in the markets especially gift shops, young and old people biting their teeth wondering what would be an ideal gift for their loved ones is a common sight in the month of February. For in the middle of the month comes the great Valentines Day occasion that is perhaps celebrated by all lovebirds across the globe.

Valentines Day is the day of love and affection. It is a day devoted to all those who are delighting in a blissful romantic relationship as well to those who either desire to inaugurate or stand on the verge to commence one such liaison.

However in both the cases the manner to express your feelings holds primary significance. The choice of the gift should be such that it speaks your loving and caring heart. Many times huge and expensive gifts are not able to do that while economical things such as flowers readily solve the purpose. So it is better to be careful, avoid some of the common gift mistakes and make a prudent choice of gift. For example

1. People on the occasion of Valentines Day largely prefer Greeting Cards or E-cards. It is because they feel that writing down their feelings is the best mode to express it. Consequently the prices of Valentines Day cards touch the sky.

Cards definitely make a good Valentines Day gift but not as good as gifting a bouquet of beautiful flowers. For a card once read is of no further use. It then finds its place inside the drawer or in between the pages of a book. Whereas flowers that embellish and fill your room with fragrance are kept in front of your eyes till they dry out.

Moreover flowers do not require to be hidden from parents like cards that bear the name and feelings of the concerned person.

2. Gifting pricey mementos or souvenirs on Valentines Day is also not a wise choice. Firstly because of the expense you incur. Secondly the trouble you face and the time that is wasted in wandering from one gift shop to another.

Gifting flowers saves both your precious time and money because flowers can be easily chosen for any occasion (For instance red roses have always been emblems of love) and are not very expensive. Flowers can be conveniently sent to the desired destination through Internet too.

3. Most often guys and gals gift weight -reducing books to their beloveds. This is certainly not a judicious Valentines Day gift. Because it makes the other person feel conscious of his/her looks and of that fact that you desire to see changes in him/her. It presents your love in a 'looks' oriented manner.

So rather than hurting or annoying your loved ones on this day, it is better to gift them flowers that can be kept as a token of you love for long. All the changes that you want in your partner (weight loss etc.) can be taught later but on the very day of love and affection.

4. Gifting ugly looking clothes is quite popular Valentines Day gift. Since the gifts for these occasion are mostly taken clandestinely, the clothes so purchased hardly fit the concerned person. It thus turns out be a gift that is good for nothing.

5. Soft toys such as teddy bears; Barbie dolls etc. are also useless gifts for Valentines Day. Because the craze for these costly things lasts only for a few days or even 24 hours! Ultimately these bears and dolls are placed amongst their other companions.

While flowers have their own warmth and affection. The tender buds and petals best display your loving heart that is brimming with love like the nectar in the flowers.

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About Mansi Gupta

Mansi Gupta writes about St. valentines day flowers. Learn more http://www.sendflowersto.com/valentines.php.