5 Creative Joint Venture Partnership Ideas
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Transcript of 5 Creative Joint Venture Partnership Ideas
Many small business owners are scared of competition. The truth is that most of us can’t do everything ourselves.
This being the case, joint venture partnerships (JVPs), in which one or more entrepreneurs choose to work together, can be the perfect way to cover all the bases and make more profits than ever before.
Here are 5 creative ways to form JVPs.
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Capitalize on one another’s strengths. Run a webinar with 2 or more people hosting different parts.
Everyone promotes the class to draw in more students/prospective customers.
Each person will offer a special deal on one of their best products as a thank you for everyone who attends
Offer a free item to get people to sign up for your list
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Reports and ecourses are very popular, but they can take time to create.
If you’ve not a great writer, team up with one or more JVPs to write the book
Why not interview each other and then both use it as a promotional tool?
It can build your mailing list and credibility quickly.
Depending on who the partner is, it can also lend you authority in your niche to be seen side by side with that person
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People love contests More prizes and more entries means more
exposure for your contest. Give away one of the freebies you created
together, for even more exposure.
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Forget out-of-the-box marketing, create unique videos that target your JV partner’s specific audience.
Leverage your webinars to make the most of the material you’ve already developed together
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Build up anticipation and create curiosity with a mystery guest JV partner. This generates excitement, and your guest will usually tell his/her audience that they will be featured at your site or webinar, for double the traffic.
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If you have great products but are tired of doing everything yourself
Don’t have as many products as you would like in your sales funnels
Would love to do live webinars but aren’t sure you have enough compelling material
Want to boost your prestige by association Then it is time to start looking for some
JVPS
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Ask friends for introductions to their friends
Find related sellers on ClickBank
Swap databases Go to conferences
and meet in person Online forums and
discussion groups
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Make sure your offers convert well Do all the hard work-impress them with
your professionalism Deliver on your product partners Follow up well Stay in touch
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