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Joint Venture and Product Promotion, Strategies You Can Use

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There are three questions today. We'll talk about how to entice a joint venture partner to work with even though you haven't spoken to them before. Plus, we will talk about great strategies to promote your product.

Question #1: What's the best way to approach someone for a joint venture when you have never had an opportunity to speak with them before?

Answer: Honestly, the best way to do it is to buy them a beer. Do something out of the ordinary to capture their attention. Build a relationship and then contact them about a joint venture. Don't just contact them out of the blue and ask them for something.

Just like customers, they have to know, trust, and like you before they will do business with you. Think about it. Would you partner with somebody that just sent you an email or phone call out of the blue? I didn't think so.

Remember, there a multiple strategies you can use to meet potential joint venture partners. You can connect with them at seminars and other networking events. These are great opportunities to sit with them at meals and talk to them during breaks. You can really get to know the other person to make sure they are the right joint venture partner for you.

Question #2: I'm going to be promoting a home study course version of my eBook. I want to know which strategy works best. The first option is to give the first three or four interviews, out of 15 interviews, for free. The second option is to give tips that are excerpted from the interviews. The third option is to give the preview call series away for free.

We charge $20 for the live event and there are seven calls with a lot of great content. And we charge $1 for things that I did last year.

Answer: I would suggest doing option number three. I would give the preview series calls away for free. This type of promotion will lead to higher sales. Customers will be impressed that you gave them the series calls for free. This will help build their trust in you. Plus, the preview calls will give them valuable tidbits about what they are going to get in the real product. It is a great way to entice customers and sales.

Question #3: In your book you talked about Morgan Westerman and his poem. How do you monetize something like that? Will people pay $1 to see something cool? Or do you make it off Google AdWords and the advertising? Did you ever get involved in brokering deals with your customers?

Answer: Morgan Westerman was really selling screen savers and that is how he made a lot money.

Article Source: http://www.articlepro.co.uk/international

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