Thursday, August 4, 2011

When Creating Your Own Product Or Service A Joint Venture Could Be A Good Option

By Sean Spear


You might be one of the individuals who have designed a product but can't figure out how to get traffic to see this product or service. So when it comes right down to it, no matter how great your product is, without site visitors no one will end up buying it. SEO may help but it can take a very long time to see any results through that kind of marketing. Some of you may have actually become desperate and tried out the traffic exchanges and we all know how useful they are. And finally you think your only choice left is using a pay per click marketing program. The problem with these programs is you can actually end up spending more money than you wind up bringing in. Joint ventures might end up being your only choice and could also finish up being your greatest choice.

If you wish to make it online and always have a lot of traffic you may want to look into joint ventures. When it comes to a joint venture you merely offer some people the opportunity to advertise your product for a commission on all product sales that they generate. Typically joint venture partners will obtain about a 50% commission or higher if this is a digital downloadable item. A downloadable product is something you never have to handle or mail to the customers like a certain form of computer software or an e book.

This isn't the same as utilizing an affiliate program such as Clickbank or some other affiliate marketplace. By using a joint venture you are going to normally only be dealing with a few people promoting your product. Of course your responsibility is usually to make sure your joint venture partners get compensated and the customer receives their product.

One of the benefits associated with using joint venture is the fact that you may end up getting a joint venture partner inside your niche that has a opt-in email list of 100,000 or more individuals. This could give your product sales an enormous increase right from the start. Now oftentimes it is not easy to find good joint venture partners but when you keep looking and you've got an excellent offer you will find them. If you do not find individuals the first day you shouldn't be discouraged as it could take a little while to discover good men and women.

Once you do find individuals that would like to work with you, you really need to ask them a few questions before you join up with them. You will probably find that the reason some of these individuals want to join you is to get a free copy of your respective product. It's good to ask these individuals how they plan to promote the product, if they have a list and how big the list is and one more good question is if they have ever won any affiliate contests. It may well sound goofy but if people have come in the top 5 of an affiliate contest they are defiantly someone you really should think about bringing on board.

Another thing you will also require before you begin this sort of offer is a way to ensure all your partners are obtaining the credit for the sales they create. You can even pick up a simple affiliate script to add to your site to keep track of all the sales produced and by which partner.




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