17 steps to joint venture partnership success

17 Steps to Joint Venture Partnership

Success

Using the Power of JVs to Boost Your Profits

Basics for Beginners

Eternal Spiral Books, http://eternalspiralbooks.com

Introduction

• Joint venture partnerships (JVPs) are one of the easiest ways to market more widely within your niche• Through JVPs, you can build and develop

relationships with both prospective customers in your niche, and ‘movers and shakers’ in your niche.• You might view other business owners

as competition, but the truth is, you might BOTH have things the other person needs to succeed. 2


1-Important questions to consider in relation to JVs• There are a number of questions to

consider before trying to jump into a joint venture with both feet.• As a beginner to JVs, there are several

things you need to know and steps you need to take in order to form a partnership that will reflect well on your business, and will earn the extra profits you are hoping for.• Knowing your niche is the best way to

find the right JVPs for you. 3


17 Steps to Joint Venture Partnership Success: Steps 1 through 6

1. Find the top experts in your niche2. Do thorough market research about

your niche3. Plan a deal that will be a win-win for

both of you4. Craft a great offer with terrific features

and benefits5. Price your offer carefully6. Create cool bonus items exclusive to

your JV promotion/s4



7. Offer a no-questions-asked money-back guarantee

8. Create a great sales letter containing all the elements that will help it convert highly

9. Create other opportunities to earn from the promotion, for even more profits

10.Create a chance for recurring revenue11.Find the right partner for you 5



12.Explore different kinds of JVPs13.When looking for the right partner, dig

into their demographics14.Set clear goals for each JV15.Do a SWOT analysis

StrengthsWeaknessesOpportunities Threats

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17 Steps to Joint Venture Partnership Success: Steps 16 and 17

16.Approach each potential partner individually and strategically

17.Follow through with everything promised and track the promotions to determine if you have met your goals.

• Each of these steps can take time, but don’t skimp on them. Too much effort, plus your entire business reputation online, goes into JVPs, so don’t blow it.

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Conclusion• If you’ve been working online for some

time and have a number of what you know are good products you would like to sell more of, a JVP could be the perfect solution• It will also expand the reach of your

brand, build your email marketing list, and increase your level of profits with new buyers and repeat buyers.• To your success!


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Need more help? See: 17 Steps to Joint Venture Partnership Successhttp://eternalspiralbooks.com/17-steps-to-joint-venture-partnership-success/

Eternal Spiral Books, http://eternalspiralbooks.c

om

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http://eternalspiralbooks.com/17-steps-to-joint-venture-partnership-success/




Credits• Thanks to Joan Mullally for this presentation and to Joan and to Thomas Michaels for the content.• Please visit the Marketing page at Eternal Spiral Books for more of their guides:• http://eternalspiralbooks.com/?

s=marketing


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