Joint Ventures For Newbies with MRR
1. What are Joint Ventures? Different types of Joint Ventures?
Joint ventures should always be a win-win situation in which partnerships are created with two or sometimes more reputable business people. In this video, youll understand the basics about what Joint Ventures and different types of Joint Ventures that are available.
2. What to look for before searching for JVs.
The biggest thing you need to be looking for is whether your future JV partner is in your niche or target market. If they arent in your target market, then youll be wasting your time contacting them because most likely they wont even want to touch your product with a stick if its not even related to their market.
You learn the formula to knowing how to spot a successful JV partner beforehand to increase your JV acceptance rate. In this video, we will talk about different methods you can use to manually find Joint Venture Partners whether you use Google, Forums, Bloggers, etc.
3. Once you find them, then what next? What to do before you approach your future JV Partners.
Its good to build a relationship with the JV partner that you will be approaching because the less you are seen as an outsider that just contacts the person without establishing any relationships beforehand. By doing small little things discussed in this video, your JV acceptance can increase. A few tips you could use is when you approach JV partners, know about their products, and complement them. Best of all the methods explained in the video can take less than 10 minutes to do.
4. Gathering All the Information to write a successful JV Proposal...
Gathering all the Information before you write your JV Proposal is very important, because you want to do some quick research on your future JV partner as in what they provide, if they have any newsletters, and more. By doing this, you begin to establish a relationship with them. By using this method, when you contact them, they know that they arent just another one of those JV partners that you are contacting.
5. Contacting - How to write JV Proposals? Including what not
Now that you have the data you need to write the JV proposal, you can take what you learned about the possible JV partner and customize it fully. By customizing it and making it more personal you increase your JV acceptance rate. Once you setup your first letter, the rest will be a breeze, so in this video youll learn how to piece everything together to write the email.
One tip is to be personal, meaning address the persons name, not hey you or hey webmaster. The more your customize your proposal, the more it is easier to be read by the prospect. With that said, the beginning of the proposal is the most important part just like the headline is the most important part of a sales letter. Its what pulls someone in.
6. What to do after you send the JV proposal, follow ups, etc...
Most people dont realize this, but follow ups are generally what closes the deal. Just because someone hasnt promoted your product not always means that they arent interested. Most of the time, it just means theyre busy promoting other things or they forgot. So it helps them to follow up once in a while.
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