A joint venture is when
two or more businesses join together to work on a project for
a set period of time. Doing joint ventures with other
businesses can increase your chances of beating your
competition, increase your sales and increase your profits
quickly. Plus:
-you can save money when
businesses share operating costs
-you can get referrals
from other businesses
-you can save valuable
time when businesses share the workload
-you can offer your
customers new products and services
-you can gain new business
associates
-you can save money by
sharing advertising and marketing costs
-you can get free advice
and important information from other businesses
You can find businesses to
joint venture with online or offline. I try to find businesses
that have the same target audience, but are not direct
competition with my business.
Here are a few ways to
find joint ventures online:
-subscribe and participate
in e-mail discussion groups, online forums and newsgroups that
deal with your target audience
-subscribe
to e-zines that deal with your targeted audience
-note on your Web site or
e-zine that you are interested in doing joint ventures
-search in your favorite
web directories and search engines to find businesses to joint
venture with online
Once you find a business
simply e-mail them your proposal. Tell the business owner the
benefits of the joint venture. Explain to him or her why it
would be a win/win situation for both of your businesses. Give
them a lot of compliments about their business, Web site,
products and services. Using all three methods above will
greater your chance of constructing a profitable joint
venture. Good Luck!
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Charles & Susan Truett are full-time Internet Marketers
who successfully built an online business and now work
full-time from the comfort of their home. Find out their
Secrets to Success by subscribing to "Partners in
Success" Ezine.
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