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A Unique Joint Venture Twist: Make Huge Profits Even If You Have No Money, No Products, and No List
Would you like to jumpstart your online or offline business without spending a ton of money? Without a doubt, joint venture marketing is the most powerful secret to making money online or offline. In its simplest form, you partner with someone else: You either sell their product to your customer base or they sell your product to theirs. The true power of this lies in the fact that it's much easier to sell a product to an existing customer, rather than going out and trying to get another customer. Here's the twist: What if you could use joint venture marketing without having a product, very little money, and little or no customer list? Let's see what one of the foremost authorities on joint ventures has to say about this unique use of the joint venture idea ... Marc Goldman is a world-class authority on joint venture marketing, building a website that ranks in the top 6,000 most-visited websites. That's quite an accomplishment considering the millions of websites in existence. What's more important though is that he's been using joint venture marketing since his first day in business in 1994. In a recent interview, he offered this simple formula to quickly profit from joint ventures. (Note: To access Marc Goldman's complete audio interview for free, see end of article) You simply perform the role of a Joint Venture broker--you bring together partners who can add value to what the other party offers. For a great online example of this technique, suppose you find a great product on the Internet that you love ... You could hook up the owner with other Internet marketers who have an existing customer base, and get a commission from the sales. If the product has a two-tier affiliate program, you simply sign up as an affiliate. You automatically get commissions from the sales of the marketers you convinced to promote the product (who sign up under you). If you're hooking the product owner up with marketers who have a huge customer base, try to negotiate a higher commission than the normal second level commission. If the product owner currently does not have an affiliate program, simply approach the owner--make a proposal to get a specific commission on any sales from the partners you bring to him. Having purchased Marc's Joint Venture Brokering Mastery Seminar, I can testify to the effectiveness of his techniques. The broker idea works equally well offline ... Just one case in point: I joined up an owner of three dilapidated rental houses who just wanted to get rid of them with someone who wanted to buy some land to build a gun shop. Each party got what they wanted and, at closing, I received a check for $8,835.92 ... definitely a nice commission for only several hours' work and no money down. With that in mind, go out today, have your best day ever, and keep your eyes out for people who you can help by bringing them together with someone else who can help them. Of course, make sure you remember to get your slice of the profits ... Copyright 2004 Rick Miller
This article was posted on November 08, 2004
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