Joint Ventures on the Internet

To those new to the internet, and who are interested in starting a small business, it may seem that all that is necessary is to get a website up and running and then wait for the business. The fact is, there is a lot more involved, and over time, the person who is persistent will begin to learn about the various factors required to create a real presence on the web.

One important point is that the web is so large, with new websites being created daily, that it is extremely challenging for one person to go it alone. It is far better to get out there on social media, as well as create joint ventures. What are joint ventures? They are marketing campaigns done in conjunction with someone else.

If this is an area you are thinking of developing, then there is one other thing besides business you need to work on first. What is that? You need to work on yourself. Become a person that does what you say. Produce quality material. Offer a quality service. Whatever you do, let it be something that someone would want to work with you, rather than avoid you. You need to bring something to the table, not just have the attitude, “What’s in it for me?”

You need to cultivate and build business relationships. You need to be someone that others can trust. You need to be an expert in your niche. You need to be not all about “you”. A joint venture means you are working with another online business, jointly presenting your products and services to a larger combined market than either of you has individually. The other partner in the venture needs to have some time in the limelight, not just you.

If you can sincerely work with another business, helping them to grow and succeed, life has a way of reciprocating. What you send out, you receive back. What goes around, comes around. Especially when you are starting out, if you are approaching someone else for a joint venture, put them first. Remember, if you are going to them, you need to show how you can benefit them. Help them, and they will be more inclined to help you.

Why do people go to certain marketers for joint ventures? It is because they have developed their mailing list. As the popular saying goes, “The money is in the list.” So, if you do not have a list, you may go to a marketer who does, in hopes that he will send out a mailing to his list that will benefit you, as well as him. Again, if this is why you are approaching a marketer, recognize that you need to be bringing some benefit to him. Perhaps a certain percentage of each sale of a product or service is in order.

If you plan to be on the internet, learning about joint venturing, and developing relationships, is an important thing to do.

Author: Luther Cox

Leave a Reply