How to Find Joint Venture Partners Using Your Competitors
You are about to discover how to find joint venture partners the easy way.
If you are wondering what a joint venture partnership is then please take a moment to read my previous articles (links at the bottom of this post).
Before you search for joint venture partners be sure to have a product or service that people can promote when they partner with you.
So, how do you…
Find JV Partners
The answer is quite simple, use your direct competition for inspiration.
‘Why?’, because this is one of the quickest ways to find people with related products or services in your market that you can ask to partner with you.
I’m going to make some assumptions at this point and these are:
- you have a product or service
- you are in a niche market
- you have identified your competition
Now, for this method you need to…
Identify Your Competitors Joint Venture Partners
To get started you should visit your direct competitor websites and have a good look around.
Keep your eyes peeled for a newsletter sign-up form, if they have one, sign-up (more about this below).
Do they have a resources page, a partners page or something similar where they mention other people that they are working with?
People often use these pages to share products that are related to their own product but are NOT perceived as a direct competitor.
Once you have found a related product that is potentially a good fit for you, go and visit the website and get in touch with the owner, letting them know about your product and how you would like them to come on-board as a joint venture partner.
Don’t worry about rejection. You will have your offer rejected on quite a few occasions but do not become disheartened, it can be a numbers game sometimes.
Returning to the newsletter, the reason you should sign-up to your competitor’s newsletters is so you can see the type of promotions they run and to see if they promote any related products from partner sites.
If they do, you will now be able to contact that product owner and work out a possible joint venture partnership of your very own.
Using your competitors to find joint venture partners is one of the easiest methods around but in future posts I will show you how to do the same thing using Google and Clickbank so stay tuned for those.
Here’s wishing you every success,
Karl Foxley
P.s. How would you like to discover the one marketing method that has the potential to bring you new clients every single day without ever having to go out and sell your services. This course alone will permanently change the way you look at marketing.
Here’s the link: Integration Marketing
P.p.s. Here are those previous articles: ‘Introduction to Joint Venture Partnerships‘ and ‘Objections to Joint Venture Partnerships‘.
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