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  • Hub You - Boost Your Consultancy with Joint Ventures

    Ready, Set, Advertise
    Most of us are impatient; we want our advertising to spark an immediate sales increase. That's equivalent to giving a builder one week to construct a three-bedroom home without a blueprint. Think of the planning process as drawing a blueprint for your advertising campaign structure. First you design the framework, next you fill in the
    partner

    * Do joint calls into prospects

    * Produce co-branded materials

    * Add each others links/information to your website

    Multi million pound/dollar companies use strategic alliances to great effect and gain huge profits and profile from those partnerships. Think of oneworld or STAR – 2 airline alliances each consisting of 7 and 15+ airlines which among them cover the whole globe! The Ford Motor Company has a strategic alliance with UPS the global delivery service. How To Rebuild Trust
    Here are some quick thoughts on ways to turn things around.Determine the real reasons why trust has diminished. Is it a problem in your industry? Something that happened in your company such as layoffs? Or is it personal – they don’t trust you? Don’t rush out and create a new program or incentive scheme until you know the nature of

    What is a Joint Venture or Strategic Alliance? My definition is

    “A partnership that creates or adds value to the vision and goals of all parties that also adds or creates value for their current or potential customers. The value created would not have been possible if either party had solely operated on their own.”

    Joint ventures, strategic alliances or partnerships can all add another dimension to your business. Joint Ventures are one slice of the marketing pie. They can help you grow your revenue, relationships and knowledge. You need creative thinking, good planning and careful selection in who and why you link up with appropriate Joint Venture partners so that both parties gain mutual benefit.

    Who makes a good Joint Venture partner or strategic alliance?

    1. Someone/Company who sells into your market and does something completely different to you

    2. Someone/Company who sells into your market and complements what you do

    3. Someone/Company that does exactly what you do and has a different slant/different skills

    Examples:

    * If your target audience/niche is veterinary practices and you offer marketing to that niche a good Joint Venture partner might be someone that offers accountancy for veterinary practices

    * If your target market is SMEs and you offer process consultancy you might partner with a HR specialist who niches in SMEs

    * If your target market is Blue Chip Software companies you could joint venture with suppliers to those companies e.g. component parts companies

    So what types of Joint Venture activities can help you in your consultancy/business?

    * Co-host networking events where you invite clients/prospects of both your businesses.

    * Co-host seminars where you each speak/teach on your specialist subject

    * Share marketing activity by co-promoting each others’ products

    * Provide hot referrals through recommending your existing clients to your joint venture partner

    * Do joint calls into prospects

    * Produce co-branded materials

    * Add each others links/information to your website

    Multi million pound/dollar companies use strategic alliances to great effect and gain huge profits and profile from those partnerships. Think of oneworld or STAR – 2 airline alliances each consisting of 7 and 15+ airlines which among them cover the whole globe! The Ford Motor Company has a strategic alliance with UPS the global delivery service. Choices: Lessons from Prison - Consequences from Ethical Choices: A Daily Memoir-October 3rd
    With over ten years behind me since I walked into Federal Prison, I can clearly see the effects of the choices we make. We can wander in the illusion of life and think that we have eluded the consequences of our choices, but those consequences are inescapable. Whether in our personal life or in business, the choices we make on a daily basis willlp you grow your revenue, relationships and knowledge. You need creative thinking, good planning and careful selection in who and why you link up with appropriate Joint Venture partners so that both parties gain mutual benefit.

    Who makes a good Joint Venture partner or strategic alliance?

    1. Someone/Company who sells into your market and does something completely different to you

    2. Someone/Company who sells into your market and complements what you do

    3. Someone/Company that does exactly what you do and has a different slant/different skills

    Examples:

    * If your target audience/niche is veterinary practices and you offer marketing to that niche a good Joint Venture partner might be someone that offers accountancy for veterinary practices

    * If your target market is SMEs and you offer process consultancy you might partner with a HR specialist who niches in SMEs

    * If your target market is Blue Chip Software companies you could joint venture with suppliers to those companies e.g. component parts companies

    So what types of Joint Venture activities can help you in your consultancy/business?

    * Co-host networking events where you invite clients/prospects of both your businesses.

    * Co-host seminars where you each speak/teach on your specialist subject

    * Share marketing activity by co-promoting each others’ products

    * Provide hot referrals through recommending your existing clients to your joint venture partner

    * Do joint calls into prospects

    * Produce co-branded materials

    * Add each others links/information to your website

    Multi million pound/dollar companies use strategic alliances to great effect and gain huge profits and profile from those partnerships. Think of oneworld or STAR – 2 airline alliances each consisting of 7 and 15+ airlines which among them cover the whole globe! The Ford Motor Company has a strategic alliance with UPS the global delivery service. Putting The Spotlight On Your Business - Ideas For Corporate Theater
    “These days, corporate theater adds more to a presentation than most anything else can do. No one gives attendees a stale speaker, a basic presentation or a humdrum environment. It’s all about the lights, camera and action. Interactive theater is the way to go.” - Event Solutions magazine, Feb 2002Many businey that does exactly what you do and has a different slant/different skills

    Examples:

    * If your target audience/niche is veterinary practices and you offer marketing to that niche a good Joint Venture partner might be someone that offers accountancy for veterinary practices

    * If your target market is SMEs and you offer process consultancy you might partner with a HR specialist who niches in SMEs

    * If your target market is Blue Chip Software companies you could joint venture with suppliers to those companies e.g. component parts companies

    So what types of Joint Venture activities can help you in your consultancy/business?

    * Co-host networking events where you invite clients/prospects of both your businesses.

    * Co-host seminars where you each speak/teach on your specialist subject

    * Share marketing activity by co-promoting each others’ products

    * Provide hot referrals through recommending your existing clients to your joint venture partner

    * Do joint calls into prospects

    * Produce co-branded materials

    * Add each others links/information to your website

    Multi million pound/dollar companies use strategic alliances to great effect and gain huge profits and profile from those partnerships. Think of oneworld or STAR – 2 airline alliances each consisting of 7 and 15+ airlines which among them cover the whole globe! The Ford Motor Company has a strategic alliance with UPS the global delivery service. Preaching to the Converted: Keeping the Conversion Process Going
    Does the conversion process end at the point of sale? Those of us in service industries realize that the conversion process is ongoing as we have to ensure customer satisfaction in order to continue to get repeat business. But even for those in retail or selling products of some sort, the conversation may be the end of one sales process, but it shure with suppliers to those companies e.g. component parts companies

    So what types of Joint Venture activities can help you in your consultancy/business?

    * Co-host networking events where you invite clients/prospects of both your businesses.

    * Co-host seminars where you each speak/teach on your specialist subject

    * Share marketing activity by co-promoting each others’ products

    * Provide hot referrals through recommending your existing clients to your joint venture partner

    * Do joint calls into prospects

    * Produce co-branded materials

    * Add each others links/information to your website

    Multi million pound/dollar companies use strategic alliances to great effect and gain huge profits and profile from those partnerships. Think of oneworld or STAR – 2 airline alliances each consisting of 7 and 15+ airlines which among them cover the whole globe! The Ford Motor Company has a strategic alliance with UPS the global delivery service. Business & Family Safety and Health Rating
    For good reason, practically every endeavor in life is rated. I've seen ratings on who or what's #1 in business, industry, NFL, NBA, MLB, person of the century, athlete of the century, technology, restaurants, university, neighborhoods, travel destination, best looking, best movie, best book, etc. It doesn't stop. In fact, there are multiple ratin partner

    * Do joint calls into prospects

    * Produce co-branded materials

    * Add each others links/information to your website

    Multi million pound/dollar companies use strategic alliances to great effect and gain huge profits and profile from those partnerships. Think of oneworld or STAR – 2 airline alliances each consisting of 7 and 15+ airlines which among them cover the whole globe! The Ford Motor Company has a strategic alliance with UPS the global delivery service.

    As a solo consultant or SME business owner the urge to be “lone ranger” is often very strong. However, the advantages of considering forming partnerships and alliances are worth considering for your business to take your revenue, profile and knowledge One Step Further

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