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Article Directory :: Internet Marketing/Online Business Articles
Did you know that, many joint venture offers end up
in the 'Trash' folder not because of poor products, but
poor joint venture proposals.
Joint venture (jv) has been proven to be one of the most
effective methods to gain business quickly and easily.
In a nutshell, Jv is powerful because it enables you to
leverage on other people's time, money, effort and
anything else.
But there is a problem. Problem of writing a powerful
Jv proposal to get your potential partner to say 'Yes'
to your offer.
Here are 5 important 'ingredients' you should have
if you want your proposal to be more powerful:
#1. Give more than normal.
Don't think about yourself. Make your potential Jv
partner the advantage of gaining more benefits from
you. If you are offering commission, give more than
50% commission. If you are building a database, give
him the possibility to gain more than you.
Don't just think win/win. Think how they can win
much more than you do.
#2. Do you have any perks?
Let's say, you are trying to 'recruit' a potential
partner into a paid membership so that he/she can
endorse it to his/her list as well. What perks can you
offer him/her?
How can you differentiate yourself from several
other members of the same program?
Example of a perk you can do is, pay for
him/her the membership site's fee for the first month
so that he/she can try it out. If he/she gets hooked and
endorses it, you'll get many times the return. If not,
all you lose is the fee of a month's membership.
#3. Make them like you.
Even though if you have a super valuable product
but your potential jv partners don't like you, I don't
think he'll accept your offer. Why?
There are thousands of similar products of yours
he can sell! So, your product is not really exclusive
in that aspect.
How to make them like you?
If you can, buy their products. Normally, everyone
treats their customers special. If you have become
their customer, I believe you'll get special treatment
or personal attention.
But if you cannot afford to buy their products,
at least subscribe to their newsletter. Here's a secret
you can use. Send an email recommending their
site to your friends (you can use cc) and bcc your
potential Jv partner. This way, you'll gain his
attention and he's probably willing to hear your proposal
#4. Short and sweet.
Don't write a long Jv proposal. I personally,
deleted those long letters without reading them. You
must understand and respect your potential jv partner's
time. You must always assume they are very busy
People. Get to the point. Write a short, specific
and 'sweet' proposal.
#5. Gain credibility first.
If possible, quote some other names familiar
to your potential Jv partner that they have accepted
your proposal. The reason is, not many people like
to be the first person to promote your product if it's
a new one without proven facts to work. If someone has
tried it with success, this will lower their risk
on getting backfired promoting your product.
Use these 5 ingredients and I'm convinced that
Your Jv proposal will get more 'yes' responses
from today.
To your success,
Patric 'High-Speed Marketing' Chan.
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