Thursday, August 30, 2007

How to Profit Big with Joint Ventures

In this article I'm going to show you many different ways
that you can find joint venture partners, as well as some
very specific strategies you can use to get your niche
markets top marketers to promote your products and web site.

A joint venture is where you contact a marketer in your
niche market that has an email list of subscribers who may
have an interest in your product. They can be the lifeblood
of your business. Just five decent joint venture partners
who promote your ebook to their email list in exchange for
a commission can put your current income through into
overdrive. Read this newsletter and go out and take action.
I assure you your results will be life changing.

Know Your Conversion Rate

The first mistake newbie's make is they start contacting JV
partners left right and centre before they've even made a
sale of their ebook themselves. This is wrong. Very wrong.
You need to be able to contact a potential JV partner and
be able to tell them how your sites converting. How can you
expect someone to sign up as a JV partner if they can not
see your past success.

Site conversion is simple. It's the amount of visitors to
the amount of visitors who buy. So for example if one
hundred people visited your site and two bought your
conversion is two percent. You want to get at least one
thousand visitors before you know your conversion.

To work out how your sites converting download the software
from www.statcounter.com. Don't worry it won't cost you a
penny. It will up date visits to you site and calculate
your conversion for you.

Offer Large Commissions

Once you know how well your sites converting (if no one's
buying don't even bother contacting marketers. Improve your
sales letter, change your headline, whatever it takes) you
can start contacting JV partners. Offer them more than your
regular affiliates. If you offer your affiliates fifty
percent commission, offer your JV partners seventy five
percent.

You may be thinking "wait a sec those commissions are huge?
I won't make any money myself". This is where so many go
wrong. If people are sending you tons of visitors you can
build your email list and offer them other products in
email promotions, and you can also make money selling back
end products. Remember that old saying "speculate to
accumulate".

Return the Favour

Offering high commissions is not enough. Let them know that
you'll add a message into your auto responder set up so
that you'll market their products via an affiliate link in
your back end. Explain that you'll be setting up joint
ventures with other marketers in the niche so that they'll
get visitors to their site without spending a dime. This is
very powerful.

Using Clickbank

Please, please understand one thing. If you're selling an
ebook on fitness don't start contacting marketers who sell
gardening products. That's just ridiculous. Only contact
marketers who sell products aimed at your niche market and
therefore have an email or customer list of people who may
have an interest in your ebook.

With that in mind start at www.clickbank.com. Click on
"promote products" on the home page and then search the
marketplace for products in your niche. Contact the product
owners and try setting up a JV.

Google "Ezine" Trick

This is a superb way to find marketers with ready made
email lists they can send a promotion to and sell tons of
copies of your ebook virtually overnight.

Go to google and type in "(niche) ezine". So for example if
you were selling a bass fishing related ebook you'd type in
"bass fishing ezine". What you'll get is a huge list of
results of web sites in which people have a bass fishing
email newsletter (or ezine). Obviously they won't all have
one, often you'll get millions of results, but you can
spend a few hours going through the results and get more JV
contacts than you could ever hope for!

Google "Allintitle" Trick

Here's another cracker. If you could find web sites that
have your niche market keyword in their domain name there
might be great potential JV partners? Of course! Go to
google and type in "allintitle: (niche)" So for example if
you were selling an ebook on song writing you'd type
"allintitle: song writing" into google. Go through the
results contacting marketers and setting up hugely
profitable joint ventures.

Leverage Results

Once you set up one profitable JV use the results to start
setting up even more joint ventures. One joint venture will
boost your conversion and your future contacts will be far
more impressive. You can say things like "Joe bloggs from
domain name.com made X amount of sales and earned X amount
from just one mailing to his list". This really is powerful
because it shows people that you know what you're doing.

Now go and take action. You really can set up joint
ventures with any niche markets top guns if you go and
actually do it. Do it today! Good luck!


----------------------------------------------------
Neil Gray will show you step by step how to create a hot
selling internet product in one day without writing a
single word and how to use Joint Ventures to sky rocket
your products and profit. Visit
http://www.howtoboostwealth.com/lightningcash.htm for more
information.

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