How many JV's do you have in place?
Many Internet Marketers either think Joint Ventures and Affiliate Marketing is the same thing or don’t really understand the difference between the two.
Joint ventures (also referred to as JVs) are partnerships made between two or more people. These partnerships are usually formed for the purposes of cross promotion of products. There are a number of kinds of JVs, and the offer you present to your JVs partners depends on what you actually have to offer, and what you would like in return.
The majority of JVs are simply affiliate relationships. You are selling a product and your JV partner has their own website, forum or email list. The JV partner will distribute emails to his mailing list detailing your product or advertise the product on his website, forum, blog, etc.
You then pay a fee to your JV partner each time a sale is generated. This kind of relationship should not really be referred to as a JV, but it is often referred to as such. This is possibly because the owner of the product is the one who approaches the JV partner asking for some marketing rather than the owner of the product simply deciding that he wants to be an affiliate.
The most popular type of genuine JV is when two parties with their own websites and mailing lists exchange advertisements. In most cases, both parties own mailing lists of similar size focusing on the same niche, and each party agrees to distribute emails to their list on the behalf of the other party. They send your advert to their list and you return the favour and send their message to your list.
Joint ventures are a fantastic concept.
They let you go way beyond what you would be able to achieve if you were simply marketing to your own list or advertising on your own site. If your list contains 10,000 people and 300 people purchase the product you are advertising, then your conversation rate is 3%.
If you were able to find another ten people who have lists of similar proportions and get them to send out your ad, and this also generates 3% conversion, you could be earning ten times the amount you would have made by just emailing your own list.
Keep in mind that many lists will contain duplicates of people interested in the same niche area. For example, in the niche of Internet marketing, webmasters will be included on lots of lists. With any major launch, you might receive ten or twenty messages regarding the same product within hours of each other.
Of course, no mailing lists will be exact duplicates of each other. There will be different audiences. JVs are a really good method of reaching out to a wider audience than you would otherwise be able to focus on if you were on your own.
If you are looking to JV with somebody, you need to prepare yourself before you contact them with your proposal. You need to offer them something that will be of value to them. A JV can be a bartering situation or a cross promotion. Each of you will offer a skill or service that will create and launch a product that is co-branded between you.
If you are going to write to an established marketer who owns a huge list you need to make it worth their while otherwise they won’t bother with you. You need to offer them something special. It might happen, but don’t expect it overnight. A JV partner can be drawn in with a very high offer of commission.
You might need to pay 70% or higher in order to get the interest of the JV partner unless you are already established yourself and have an extensive list of your own.
I personally offer 75% for my products to my JV’s.
An amazing and exciting product might also do the trick if you sell it right.
On the most part you will be in a JV with others who have a similar size list to you. Many people won’t be interested in a JV with you if they have a list that contains over 10,000 names and yours only contains 300.
Once you have built up an extensive list then you can start going for the bigger JVs. Don’t forget what it was like when you first started and your list was a lot smaller. Don’t automatically show disinterest in somebody just because their list is small at the moment.
If they have a good rate of commission on offer or a very good product, you might want to seriously consider their offer. Also, you can develop relationships that will be of great value in the future.
So start today.
Who could you approach to start your JV plan?
Contact 5 JV’s each day for the next week and see how many say ‘yes’.
It could easily triple your current income.
Andrew Rondeau is the genius behind http://www.webuildyourblog.com.
Andrew
is highly knowledgeable about blogs, and you can get your blog up and running
successfully and fast. Andrew has helped me immeasurably with
my blog and he is patient and good natured and a wonderful teacher. 
Andrew
has extensive knowledge about internet marketing, SEO and building web
sites/blogs. His course explained everything in an easy to understand
way and I now have a web site that is generating me new clients and
producing income from internet product sales.
I was introduced to Andrew by a dear friend Corinne Edwards and Andrew as transformed by blog in ways that have reaped results. My membership has gone up and my blog always looks clean and easy to read. Whenever I send Andrew a request to check out - it's ALWAYS prompt and easy to understand. In my humble opinion he is the BEST when it comes to knowledge of the blogging world.
Andrew is an asset to our ongoing website and social media needs. He responds quickly, accurately, and cost effectively. Andrew plays a consultative role in many aspects to our online needs.
Without Andrew, I wouldn't even have a blog -- I would still just be sitting here, staring at my computer, feeling confused and helpless. With Andrew, I no longer fear confusion and it's impossible to feel helpless. He exerts any and all necessary efforts to resolve any problem or perplexity -- quickly, kindly, intelligently, up to and including IM exchanges in real time via skype. I would urge anyone at any level of expertise (or not) to make the most of his extraordinary talent.
I
approached Andrew in February 2010, because I needed to enhance the way I communicated
my business. 
I happened to stumble upon Andrew's website (WeBuildYourBlog.com) while searching for blogging services that would help me start my very own blog. I was a total newbie when it came to the blogging world. Fast forward 3 months and not only do I have my own awesome blog, but friends and family are actually asking me how to start their own blog and I am able to set their blogs up for them! In only 3 months under Andrew's guidance I went from total newbie to being sought after. Thanks Andrew!
The
end result is a fantastic site that is attracting a lot more attention
and visitors than my old one.
I
was impressed with the excellent service. 
I wanted a stylish website that presented my original abstract art in a visually attractive way. Andrew came highly recommended to me as a "no nonsense" practitioner. He does exactly what he says he will do: I give him the parameters to work within and he provides a quick and precise service. You will receive nothing but the best from Andrew!
Having worked with Andrew on and off over the last year, I have found him to be very patient, helpful and easy to work with. He is also very knowledgeable, supportive and a true expert.
Andrew was kind enough to offer up his own time as part of an initiative to make the world a better place, and I was one of the beneficiaries of that effort. He spent an hour with me working on improving my bounce rate; he suggested several helpful strategies. Most importantly, he helped me with some key processes to help speed up my site, which had bogged down considerably with overuse of graphics. Andrew helped me get set up with Rackspace, which helped so much. From a load time of almost 30 seconds, the site sped up to about a 6 second load. Thanks so much, Andrew!
Andrew
at WeBuildYourBlog.com is the most responsive and flexible person
I've worked with.
I have been online since 1996 and in that time I have been involved in the development of almost 400 web sites for my clients. I have worked with a wide variety of vendors and I have to tell you that Andrew @ We Build Your Blog has far exceeded my expectations. In addition to his vast knowledge and expertise, he is a genuinely great guy, who always goes the extra mile. I highly recommend him, in fact I only recommend him now for web development.
The best blog builder, and the best blog maintenance, I've ever met is Andrew Rondeau. This fellow is an authentic professional in every sense of the word. He's lightning fast, knowledgeable, competent, a skilled listener. He goes the extra mile. He's able to share his passion for his work and products without being pushy. He as other great internet skills, too, but his most impressive attribute is mastery of website building.
Thank you Andrew for your patience in getting my website and on-line courses on-line and selling. You were fantastic in learning the delivery platform software that I had chosen and you were across the complexities quickly. Your detailed approach in setting guidelines and deliverables bought my focus back to where it should be and got the job done. Thank you for all your efforts it was a pleasure.
I
am very happy to provide a testimonial for Andrew Rondeau. All the parts of
the process of working with Andrew were a pleasure. He clarified what I was
wanting and he delivered it without fuss. He was courteous and prompt in all
his dealings with me. I have no hesitation in recommending Andrew to anyone
who wants work done on their blog.
Andrew is the real deal and he knows his stuff! His customer service is superb and he gets your work done FAST! You won't need to wait around for endless weeks to see results. Most importantly he works on the site as if it's his own, thus you are assured that you will get the best quality service. I now give Andrew all of my new and old sites to work on. Trust me; you cannot go wrong with this gentleman!
Andrew is highly knowledgeable about blogs and very customer service focused. I knew nothing about blogs and Andrew was very kind, patient, pleasant to work with, receptive and responsive. Work was delivered in timely manner and if I need anything done for blog again I would use Andrew. If you are looking for quality work, excellent customer service and someone that really gets YOU and your needs, I recommend Andrew!.
I've spent insane amounts of money in the past with former webmasters until I discovered Andrew Rondeau.
Hi, Andrew Rondeau here and this blog, my blog, will not lie to you. I will give it to you straight.This blog is about blogging, the Internet and sharing my experiences and advice on