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Hub You - Getting Maximum Leverage From Your First Joint Venture
Are you having trouble finding a great deal on a car in your local area? Well, join the club. Using Online Bidding at eBay Motors can be the perfect answer you’ve been looking for. More and more people are discovering every day how perfectly easy it is to purchase large items over the internet, including cars and other motor vehicles. Skip the runaround you’re going to get at the local car dealer, and start saving money now when you buy and sell eBay.A car auction on eBay Motors works just like any other eBa
· You can ask your list of buyers for testimonials which you can then use in your own personal marketing to generate additional sales on which you will receive the full sale price
· You’ll know exactly what new products to create as back-end offers for your list of buyers because you’ll be able to survey them and ask for their feedback. You’ll get a much more accurate idea of what your market wants to buy if you ask BUYERS as opposed to prospects who haven’t purchased anything from you
· Many of your purchasers will become affiliates and help you to sell even more of your product to others. You only need to pay affiliates the going rate
In my last article, I talked about the four influencers you have to deal with in a B2B sale. The four influencers are again.1. The Financial Influencer(s) 2. The User Influencers 3. The Gatekeeper(s) 4. Your Champion or SponsorIn this article, we will look at the first one on the list, The Financial Influencer, or as I like to call him – The Cheque Signer, or The Final Authority. This is the most important person to get to know. This should be the first person you contact whenever you a
While this a natural goal for most people to aim for, the problem is that they are approaching the deal with the wrong mindset.
The fact is, the person with the CUSTOMERS has the power in every transaction, while the person with the product has very little leverage most of the time when you are brand new to a market.
Finding and nurturing a responsive, loyal group of customers is much more difficult and time consuming that finding products to sell to them, and the customer list is where the power is in any business.
It doesn’t matter what your product is, it can be copied, knocked off, simulated or plagiarized until the cows come home and there’s very little you can really do about it unless you want to tie yourself up in legal action for a good part of your life.
The best way to approach a potential joint venture partner, especially if you are brand new, have a brand new product, and are inexperienced at doing JV deals, it to realize that you don’t hold many cards and act accordingly.
What do I mean by this?
Well, remembering that you are basically being a parasite on your potential joint venture partner’s customer base, you’d better be prepared to compensate them for helping you to get your product to market.
If you think you are going to be able to go to one of the big dogs in your niche and offer them a 50/50 commission split on a digitally downloadable information product, you’re in for a rude shock.
Even giving potential JV partners 75% of the initial sale proceeds may not be enough incentive for them to promote your product to their list.
Many novice product developers find that by giving away 90% or even 100% of the initial sale proceeds (after processing fees) they create a compelling reason for potential joint venture partners to help launch their product and get it into as many hands as possible quickly.
But if you give away all the profit, what is the point?
Good question…there are many reasons you should consider giving the lions share of your initial product sale price to your joint venture partners. Here are just a few…
· You will receive the names, email addresses and often mailing addresses of every person on your joint venture partner’s list who buys your product. This will give you multiple chances to offer these proven BUYERS additional, related products for months or years to come. A list of people who have purchased a product is the biggest asset any business owner can have, and your list will have cost you nothing to create
· Your product will be launched and in circulation much faster than it would have been if you had gone the traditional route and used pay per click campaigns, ezine advertising, traffic generation programs, SEO or articles to generate leads to sell your product to
· You can ask your list of buyers for testimonials which you can then use in your own personal marketing to generate additional sales on which you will receive the full sale price
· You’ll know exactly what new products to create as back-end offers for your list of buyers because you’ll be able to survey them and ask for their feedback. You’ll get a much more accurate idea of what your market wants to buy if you ask BUYERS as opposed to prospects who haven’t purchased anything from you
· Many of your purchasers will become affiliates and help you to sell even more of your product to others. You only need to pay affiliates the going rate o
Many believe that it is human nature to make up stories, embellish and tell tall tales. Indeed it appears that these folks who say this are right, it must be human nature, because it is getting harder and harder to get a straight answer out of people? Maybe it is all this political correctness that people have just given up on the truth, instead a perceived or contrived truth will do just fine?If you think about this for a second; "It is human nature to propagate!" Sure especially in groups, government agenc
It doesn’t matter what your product is, it can be copied, knocked off, simulated or plagiarized until the cows come home and there’s very little you can really do about it unless you want to tie yourself up in legal action for a good part of your life.
The best way to approach a potential joint venture partner, especially if you are brand new, have a brand new product, and are inexperienced at doing JV deals, it to realize that you don’t hold many cards and act accordingly.
What do I mean by this?
Well, remembering that you are basically being a parasite on your potential joint venture partner’s customer base, you’d better be prepared to compensate them for helping you to get your product to market.
If you think you are going to be able to go to one of the big dogs in your niche and offer them a 50/50 commission split on a digitally downloadable information product, you’re in for a rude shock.
Even giving potential JV partners 75% of the initial sale proceeds may not be enough incentive for them to promote your product to their list.
Many novice product developers find that by giving away 90% or even 100% of the initial sale proceeds (after processing fees) they create a compelling reason for potential joint venture partners to help launch their product and get it into as many hands as possible quickly.
But if you give away all the profit, what is the point?
Good question…there are many reasons you should consider giving the lions share of your initial product sale price to your joint venture partners. Here are just a few…
· You will receive the names, email addresses and often mailing addresses of every person on your joint venture partner’s list who buys your product. This will give you multiple chances to offer these proven BUYERS additional, related products for months or years to come. A list of people who have purchased a product is the biggest asset any business owner can have, and your list will have cost you nothing to create
· Your product will be launched and in circulation much faster than it would have been if you had gone the traditional route and used pay per click campaigns, ezine advertising, traffic generation programs, SEO or articles to generate leads to sell your product to
· You can ask your list of buyers for testimonials which you can then use in your own personal marketing to generate additional sales on which you will receive the full sale price
· You’ll know exactly what new products to create as back-end offers for your list of buyers because you’ll be able to survey them and ask for their feedback. You’ll get a much more accurate idea of what your market wants to buy if you ask BUYERS as opposed to prospects who haven’t purchased anything from you
· Many of your purchasers will become affiliates and help you to sell even more of your product to others. You only need to pay affiliates the going rate
Buying and selling websites has become a popular business model comparable to buying or selling real estate. Some people even make their living from buying and selling websites. If you have a website you want to sell, or are considering buying a website, there are certain guidelines you will want to follow to make sure you get the best deal possible.The price for a website may vary. You will find some sites that are as low as $35 or as high as $20,000. There are a number of different factors that will determ
If you think you are going to be able to go to one of the big dogs in your niche and offer them a 50/50 commission split on a digitally downloadable information product, you’re in for a rude shock.
Even giving potential JV partners 75% of the initial sale proceeds may not be enough incentive for them to promote your product to their list.
Many novice product developers find that by giving away 90% or even 100% of the initial sale proceeds (after processing fees) they create a compelling reason for potential joint venture partners to help launch their product and get it into as many hands as possible quickly.
But if you give away all the profit, what is the point?
Good question…there are many reasons you should consider giving the lions share of your initial product sale price to your joint venture partners. Here are just a few…
· You will receive the names, email addresses and often mailing addresses of every person on your joint venture partner’s list who buys your product. This will give you multiple chances to offer these proven BUYERS additional, related products for months or years to come. A list of people who have purchased a product is the biggest asset any business owner can have, and your list will have cost you nothing to create
· Your product will be launched and in circulation much faster than it would have been if you had gone the traditional route and used pay per click campaigns, ezine advertising, traffic generation programs, SEO or articles to generate leads to sell your product to
· You can ask your list of buyers for testimonials which you can then use in your own personal marketing to generate additional sales on which you will receive the full sale price
· You’ll know exactly what new products to create as back-end offers for your list of buyers because you’ll be able to survey them and ask for their feedback. You’ll get a much more accurate idea of what your market wants to buy if you ask BUYERS as opposed to prospects who haven’t purchased anything from you
· Many of your purchasers will become affiliates and help you to sell even more of your product to others. You only need to pay affiliates the going rate
There are three key decisions any potential affiliate marketer needs to make before starting an affiliate marketing business. In making these three decisions your affiliate marketing business will go a long way in being successful because you will start out organized and ready to grow your affiliate marketing business.What product niche are you going to promote?The first key decision to make when starting out in affiliate marketing is what type of product are you going to promote in order to ma
· You will receive the names, email addresses and often mailing addresses of every person on your joint venture partner’s list who buys your product. This will give you multiple chances to offer these proven BUYERS additional, related products for months or years to come. A list of people who have purchased a product is the biggest asset any business owner can have, and your list will have cost you nothing to create
· Your product will be launched and in circulation much faster than it would have been if you had gone the traditional route and used pay per click campaigns, ezine advertising, traffic generation programs, SEO or articles to generate leads to sell your product to
· You can ask your list of buyers for testimonials which you can then use in your own personal marketing to generate additional sales on which you will receive the full sale price
· You’ll know exactly what new products to create as back-end offers for your list of buyers because you’ll be able to survey them and ask for their feedback. You’ll get a much more accurate idea of what your market wants to buy if you ask BUYERS as opposed to prospects who haven’t purchased anything from you
· Many of your purchasers will become affiliates and help you to sell even more of your product to others. You only need to pay affiliates the going rate
Ebooks are one of the most popular products on the Internet. Not only are they easy to create, but they also provide your customers with instant gratification.Over the years, I have received many questions about ebooks and have written many articles on the subject. However, there still seems to be some confusion as to how an ebook is created and formatted.Below are some of the most frequently asked ebook questions.Question: I have a manuscript in DOC format that I would like to convert into ebo
· You can ask your list of buyers for testimonials which you can then use in your own personal marketing to generate additional sales on which you will receive the full sale price
· You’ll know exactly what new products to create as back-end offers for your list of buyers because you’ll be able to survey them and ask for their feedback. You’ll get a much more accurate idea of what your market wants to buy if you ask BUYERS as opposed to prospects who haven’t purchased anything from you
· Many of your purchasers will become affiliates and help you to sell even more of your product to others. You only need to pay affiliates the going rate of 50% to 65% and all sales they make for you basically cost you nothing to generate For these and many other reasons, it can be a very profitable decision to give up the early profits on a product to earn long-term back end profits from the customers you generate through your joint venture partnerships.
Something to think about…
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