How Popular Is JV Marketing In Online Marketing

Released on = December 11, 2005, 12:33 pm

Press Release Author = Athens 2004 UK Ltd.

Industry = Small Business

Press Release Summary = How To Use JV Marketing To Propel A Risk Free Money Making
Proposition!

Press Release Body = Before we go too far into this report, let us stop a minute and
make sure we all understand exactly what joint venture is all about. Although it
sounds like a difficult idea at to learn,the whole premise behind it is extreme
simple.
Joint Venture is taking the unused assets in your business( i.e.
customers,advertising,products, services,knowledge,
skills,etc) and leveraging them with another non-competing company with a similar
customer base to produce
almost immediate profits for the both of you.

Everyone wins in this deal. Once you understand just how simple it is to take
advantage of joint venture in your business, you will wonder how you could have ever
done business without this no-risk marketing strategy, no matter what business you
are in.

What do you have in your business?

What is your specialty?

Who are your customers?

An Example of How Joint Ventures Work

For this, we will just use a simple joint venture where company A has a customer
list or subscriber list...
Company B has a product which is a solution to a problem that many of company A\'s
customers need or want.
If company B were to rent company A\'s mailing list with an extremely well crafted
offer he may be able to
sell to 3% of them on his/her product. A joint venture come\'s in though if company A
decides to combine efforts with
company B and endorse the offer.

In otherwords , they recommend the product with a satisfaction guarantee and
privileged offer only their subscribers.
This simple joint venture could produce sales rates of up to 30% or even hogher! The
response rate of 3% has now jumped to 30% just by Company A and B working
together.Then, they split the profits which are much higher now
because of their combined efforts.

Why does the response rate jump so much just because of the endorsement.The
customers have dealt with company A for some time now.They have started to trust
them.



Web Site = http://www.internationalmarketingcenter.com

Contact Details = Frank Okorodudu

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