8 Tips to be Successful with your own JV offer

Most likely you have already heard other people getting all excited about JV's and how they can help you build your online business.

Or maybe you belong to that group of people who are not familiar with JV offers, which is short for joint venture offers... also known as business proposals.

Either way... you can benefit tremendously from the following 8 tips to be successful with your own JV offer. Let's get started...

1. A JV offer doesn't require a JV partner to buy your products or services to become a JV partner.

Asking you potential JV partner to buy the product or service would be considered a sales offer and not a JV offer. A JV partner is usually offered a free review copy of your product or service.

Doing that drastically increases your chances to gain a JV partner as this makes him or her feel obligated to return the favor by doing his part of the partnership and e.g. promoting your product or service to their lists.

Why am I mentioning this? Yes, you guessed it right... I had people contact me to do a JV with them and when I asked for a review copy to check first the value of the product... I was referred to their sales page!

2. A JV offer has to be a win/win or better a WIN/win. :)

A JV offer has to provide your JV partner with one or more additional benefits for becoming your partner... his WIN. Your win will e.g. be to be able to tab into your JV artners list and gaining extra sales.

A JV offer that offers a win/win could e.g. be:

"I am looking for JV partners that can promote my product or service to their list of contacts.

In return for you are recommending my product or service to your list, I will not only provide you with a free review copy of my product or service, but also pay you a 10% higher commission than regular affiliates."

Another example... a JV offer for a service you provide could e.g. offer this:

"I am looking for a JV partner who needs a small to medium sized software product developed in Visual Basic. I can offer to do that for you free of charge in return of 10% of the profits you generate selling that software for the first year starting at your first sale and 5% for the time after the first year."

Again, a win-win situation... the JV partner has a product without out of pocket expense that he can sell exclusively to his lists, his WIN. And you can earn royalties for live without your own list.

3. Don't make the initial JV proposals too lengthy. Especially when you propose to a well know marketer, this can be the JV kill. Those people often have very limited time and will not even read your message all the way to the end if it's pages long.

It is better to send a short teaser email first and then follow up once they reply with all details.

4. Make your potential JV partner feel like you're a peer and not a salesperson.

Do your research before you send your first email to a potential JV partner.

Make the style of your JV offer personal, mention details about their business and how the JV offer can help them in what they want to achieve.

5. Don't let your JV partner do all the work, participating in the JV should very as little work as possible for them.

Be prepared and offer them to provide marketing material for your JV partner. This can be solo-ad copy, banner and text ads and other materials your JV partner can use to share the word about your product or service.

The less work it is for them, the more likely they will become your JV partner. It is that simple.

6. Don't just go only for the big player.

Overlooking smaller publishers that have a very loyal and responsive list can be another mistake. Besides, those will be much more likely interested in your JV offer as they are not flooded with them (yet).

7. Show them how you can help their clients and customers.

Give an example how your product or service compliments your potential JV partners own products or services. This way you help them to provide an even better service to their clients and customers.

This will also build trust that doing a JV with you will not only earn you and them money, but show that you are interested in helping them to look good in front of their own clients and customers.

8. Test your web copy and conversion rates and provide details.

By letting them know your conversion rate, they will know that sending traffic to your is not a bottomless pit. They can estimate how much they will be able to earn by doing a JV with you.

If you know e.g. that you will generate 1 sale out of every 70 targeted visitors your sales page gets, then let them know that you have a 1.4% conversion rate on targeted visitors.

Knowing all of the above, your next question might be... where do I find JV partners to contact?

Here is a list of resources in alphabetical order that will help you getting started:

- Anthony Blake Online - Entrepreneurial Success Forum:  http://www.ablake.net/forum/

- JV-Network: Free membership site to become a JV partner of   top marketing experts or to post your own JV offers for a fee: http://add2it.com/see.pl?JVnetwork

- jvAlert: Paid membership site to become a JV partner of top marketing experts, post your own JV offers and search their offers database: http://add2it.com/see.pl?jvAlert

- jvAlert Member Forums: http://www.jvalert.com/forums/

- JV Money Makers Forum: http://jvmoneymakers.com/forum/

- Mark Hendricks's Inner Circle Marketing Forum: Free section to post and find JV offers: http://www.hunteridge.com/forum/members/

- Mark Hendricks's JVdealmaker Players Club Forum: Free section to post and find JV offers  http://www.jvdealmaker.com/members/

- Michael Green's "How To" Internet Marketing Forum: http://www.howtocorp.com/forum/

- MikeFilsaime's Marketing Forum: Free section to post and find  JV offers http://www.1sitemanager.com/forum/

- The Warrior Forum: Free section to post and find JV offers  (Note: Before posting, first post helpful feedback in other  sections of the forum) http://www.warriorforum.com/forum/

- Warrior Discussion Forum: Free section to post and find JV offers (Note: Before posting, first post helpful feedback in other sections of the forum) http://www.warriordiscussion.com/forum/

3 Steps to Successfully Build a Team in any Program

Any x by y matrix plan has one big risk... but also one big advantage.

The biggest risk: People in your downline might think they don't have to promote and just wait for your spillover.

The biggest advantage: Still, it's a great way to build a deep team quick... if you and the people in your team understand that they shouldn't just sit and wait for it to happen.

The following 3 steps you need to follow and teach to build a successful team:

1. Find 2 people... It doesn't really matter if it's e.g. a 2x15 forced matrix or wider. If the matrix is wider than 2, or even unlimited wide, I recommend to start with 2 and then go wider when your team has been fully build at least 4 levels deep.

2. Next build a relationship with them, teach them this 3 easy steps and motivate them until they find 2 people on their own.

3. Then motivate your 2 people to motivate their 2 people to also find 2 people ... etc.

I believe this is a much better way to build a successful team. And not to mass promote and hope that a few in the masses you sponsor build a team on their own... but instead motivate to motivate to build the team... all the way down.

If you mass promote... you might be able to initially build a big downline... but since there will be no relationship, it will fall apart fast as well.

If you or somebody in your team has a big list of people to email to, then you or those people could send a message to all, telling them that you are looking for 2 leaders only. Ask them to email you back and tell you "why" you should choose them. Then pick the 2 best ones... and move one with step 2 above.

Also if a downline member is struggling... and no matter how hard he or she tries, he or she is not able to find two on their own... e.g. due to lack of people he or she knows... then you could do such a mailing on their behalf.

The primary approach that works best is to talk via chat first with the people you know already. Those, that we already have a relationship with.

If that doesn't generate your 2 leaders... then you could use the mailing approach looking for two leaders as I described before.

But what should you tell people during the chat or in the email message you write to find your two leaders?

This is the point where you need to do your homework. Look very closely at the program for which you want to build a successful team for. Answer yourself the following questions:

1. What is the product or service that this program sells?
2. What main benefits does the product or service provide the customer with?
3. What makes the product or service better then those offered by the competition?
4. How much does the product or service cost?
5. How does the products compensation plan work?
6. What is necessary to break even and get into profit?

You noticed that I mentioned everything related to money at the end? Yes, I did order the above list by priority on purpose.

When you answer yourself those questions, keep always in mind to answer to most elementary question everybody has... which is:

What is in it for me? Also often called WIIFM. Once you learn to answer that question, you will be easily able to find your two leaders.

BTW... there is a shortcut to your homework assignment. :)

Ask your sponsor to answer the six questions above... then check an confirm those answers are accurate and match your own opinion about the program. This can save you time and strengthen the relationship with your own sponsor as you work with him together to answer them.


Tip: There are millions of programs out there on the net and many people, including me, fall easily prey to start joining too many at once. The grass always seems to look greener on the other side. ;)

I live now by the following rule... Earn with two programs (meaning: be in profit) before you even consider to join one new one. And I recommend that you too do that.