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5 examples of joint venture strategy.
More advantages of joint ventures 1. If you have an e-book, offer a chapter for free and ask for a free chapter for his or her e-book. You then advertise his or her free chapter and he or she does the same for you. This type of proposal would also work with membership sites. Offer a free seven-day trial. Advertise other membership sites that will give a free trial and have them advertise your free trial.
2. Contests are another good incentive. Ask an e-zine publisher to advertise for you and in return you will furnish a prize for a contest that he or she can hold. If the contest is really good, ask for a prominent place on their web site. You could also do a contest swap. You would advertise his or her contest and he or she would advertise yours. The prizes do not need to be expensive but they do need to be practical. By practical, we mean something that would be beneficial to use.
3. Write an article related to your product or service and offer this for free to website owners and e-zine publishers in exchange for free advertising. If using this form of incentive, write a unique article for each website or e-zine publisher. Another article idea is to swap articles. You use their articles and they use yours. 4. Thank you ads, swapping business cards electronically, offering a discount to your partner's customers are all other incentives that you can explore.
5. Ultimately, the sky is the limit with the benefits of a joint venture, your growth will be much faster and profits will be higher. The object is to find a reputable partner who has the same vision for his or her business as you do. Not only make it worthwhile for him or her to join you, but make the time and effort advantageous for yourself. |
More Information On Business Joint Ventures
Make Money With Joint Venture Strategy
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