Joint Venture Request...

by John Taylor

Posted: 14 years ago 19 replies

INTERNET MARKETING

Here are a few tips for those people looking to
persuade other Warriors to participate in some
form of Joint Venture.

1. Don't just PM people with a JV request. We don't
know you, we have no relationship with you, we
don't know if you can be trusted.

Reciprocation means you do something first!

2. If you must PM other Warriors, how about doing
some research first? Do they have a newsletter or
ezine? Most people will be more inclined to "listen"
to a subscriber.

Do they sell their own products? Have you bought
anything from that Warrior? Yep, customers get
better access than some unknown entity on a forum.

3. Have you read the threads started by the Warriors
that you are approaching? Have you seen the type of
topics that they are interested in? Have they shown
a level of expertise in a specific area?

So if they are SEO experts, don't ask them to give
you a list building interview!

4. Read through you proposal from their point of view
and count the number of times you've used the words
"Me" and "I". Too much about you and your offer and
not enough about them?

Answer the question... "What's in it for them?"

John

#joint #request #venture

Matt Briggs 14 years ago

Thanks for the advice John. Will keep these pointers in mind when I perform my next JV.
- Thanks
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R Hagel 14 years ago

I think there's a slight chance that you're talking about a recent PM you received? If so, there's a slight chance I received the same one.

As a side note, just the other day I posted a thread here about some pretty weird JV requests I've been getting. People are emailing me and telling me how much I can make promoting to my list. Except if they'd have done two seconds of research, they may have discovered that not only do I not have a list in this particular niche, I don't even have a site in it anymore.

Research -- it's what separates the successful from the wannabees. (Although "research" does look an awful lot like work, so...)

Becky
- [ 1 ] Thanks
- 1 reply
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- John Taylor 14 years ago
  
  Becky,
  
  Originally Posted by R Hagel
  
  I think there's a slight chance that you're talking about a recent PM you received? If so, there's a slight chance I received the same one.
  
  Things that make you go "hmm". ;-)
  
  Bonus Tip: There are more connections that you
  can't see than there are that you can see. Don't
  be surprised to discover that many of the people
  who received the same PM compare notes.
  
  So, don't send out boilerplate JV requests. If you
  really want to get someone's attention you need
  to write to them personally.
  
  John
  
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Andyhenry 14 years ago

So you've been getting them too
- Thanks
Signature

nothing to see here.
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DarrinH 14 years ago

Thanks for the Tips John.

I am still finding my way around the forums, but Are there not also specific sub-forums to advertise affiliate programs and look for JV partners?
- Thanks
- 1 reply
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- John Taylor 14 years ago
  
  Darrin,
  
  Originally Posted by DarrinH
  
  Are there not also specific sub-forums to advertise affiliate programs and look for JV partners?
  
  Yes. However, I would strongly recommend that
  you invest some time in establishing yourself on
  the forum before you start looking for JV partners
  and affiliates.
  
  Build a positive presence, establish your credibility
  and, when the time comes, you'll get a much more
  positive response.
  
  John
  
  Thanks
  
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jonasgr 14 years ago

Well said John. Trust is a key factor in Internet Marketing.
- Thanks
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CyberSorcerer

14 years ago

I new others had to have been getting these just didn't know who exactly.

Even though I'm glad you made your post, I'm also pretty sure it will fall on deaf ears, because, that would have meant those people would have had to read your whole post and followed it's advice.

Highly unlikely!

Thanks
1 reply

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John Taylor

14 years ago

Originally Posted by CyberSorcerer

Even though I'm glad you made your post, I'm also pretty sure it will fall on deaf ears, because, that would have meant those people would have had to read your whole post and followed it's advice.

This thread isn't aimed at those "here today
and gone tomorrow" people who are too lazy
to see just how a little bit of research and
attention to detail can pay off big time.

Many of the people who read this will "get
it" and they are the folks who will build the
successful long term partnerships.

John

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David Keith 14 years ago

hey john, want to promote my shiny new product, I ( i mean you ) can make a lot of money if you do.

just kidding guys. it really is amazing how many people who are trying to start an online business really have no clue about some basic business principles like this post talks about.

this stuff is not rocket science. I guess people just get too caught up in the dream of making it big to actually work and think their way to success.

but i do have to say that some of that mentality does come from the over-hyped shiny new "how to " marketing products that seem to promise an
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- John F Kennedy 14 years ago
  
  Doh... Thanks for this post John
  
  A great reminder on just how it "should" be done
  
  I will be sure to follow in its footsteps
  
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  Steven Wagenheim 14 years ago
  
  I get these all the time. They usually end up in my circular file.
  
  Here's another tip. Have a little credibility yourself. Like it or not, somebody
  who has been marketing for many years is not likely to JV with somebody who
  has just started and hasn't even made his first dime yet.
  
  I didn't ask for my first JV until I had been running my own business for 3 or 4
  years and have only done 3 in the 8 years that I've been online.
  
  John, thanks for sharing this piece of advice with the forum, especially for
  those who are thinking of asking for JVs.
  
  [ 2 ] Thanks
  
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  Chri5123 14 years ago
  
  Awesome post John,
  
  You know I was thinking:
  
  "We should sort out a JV? What do you say?" :p
  
  Think the main point is "What is in it for them?" - Right or wrong form of approach I have actually managed to secure a JV this way but I did do my homework, or rather I had a clear idea of what I was offering and what I could offer THEM.
  
  Just simply asking for a JV to use someone's list or resources will not work.
  
  Have something to offer of value and willing to put in the legwork initially to prove it? This sounds more interesting...
  
  Chris
  
  [ 1 ] Thanks
  
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dbarnum

14 years ago

Excellent points, John! Here are a couple to add to the mix:

1) Be BRIEF & specific. Don't send an ebook of documentation right off the bat, or pages scrolled of info. Have a 1-page summary:

- In a nutshell, who are you & how do I know you? Have links to your main site with complete contact info, no generic P.O. Box.

- what are you offering in a sentence of two. Include links to product / service site pages.

- what do you want of me?

- what type results are you expecting, like a 50/50 split based on 5,000 hits a month landing a 10% click-thru rate on average, & through what type of payment set up?

- long-term outlook? Example: Is this a one-time promo or are you going to revise your product or service over time, adjusting the package as needed?

2) Be BRIEF & specific: bears repeating!

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Rod Cortez

14 years ago

Originally Posted by John Taylor

Here are a few tips for those people looking to
persuade other Warriors to participate in some
form of Joint Venture.

1. Don't just PM people with a JV request. We don't
know you, we have no relationship with you, we
don't know if you can be trusted.

Reciprocation means you do something first!

2. If you must PM other Warriors, how about doing
some research first? Do they have a newsletter or
ezine? Most people will be more inclined to "listen"
to a subscriber.

Do they sell their own products? Have you bought
anything from that Warrior? Yep, customers get
better access than some unknown entity on a forum.

3. Have you read the threads started by the Warriors
that you are approaching? Have you seen the type of
topics that they are interested in? Have they shown
a level of expertise in a specific area?

So if they are SEO experts, don't ask them to give
you a list building interview!

4. Read through you proposal from their point of view
and count the number of times you've used the words
"Me" and "I". Too much about you and your offer and
not enough about them?

Answer the question... "What's in it for them?"

John

Originally Posted by dbarnum

These two posts really sum it up nicely. I'm involved in a lot of niches so I personally receive hundreds of JV requests every year. And I don't read them until my assistant Lisa filters them for me first. So I don't even get to see a vast majority of them. She deletes any and all e-mails that are too short or are obvious boiler plate e-mails where the person has not taken the time to know their target audience.

Which ones are the ones that get through? The ones that followed the advice given by John and dbarnum. I also wrote more about it here.

RoD

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John Taylor 14 years ago

Diane,

Originally Posted by dbarnum

2) Be BRIEF & specific: bears repeating!

Yes, yes it does. ;-)

John
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keyuria 14 years ago

This is what I had been doing infact ignorant about the inner facts. You have opened my eyes.

I will do some research now before bombarding them with JV offers.

Thank you sir.
- Thanks
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Michael Mayo 14 years ago

I also received an offer although it said absolutely nothing about what's in it for me???
The sender only talked about what they were trying to do and how i would be involved.

1. I've never seen nor spoken to this Warrior before.
2. List building is not my forte.
3. Being approached by a dead president gives me the willies...lol

Timely post John thanks.

Have a Great Day!
Michael
- Thanks
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kellyburdes 14 years ago

Great post John!

Jv's can be incredibly powerful. I had my first seven figure year (sales, not profits) and almost my entire business has been built with JV's/Affiliates.

That's something I'm working to change because I feel that it's relying an awful lot on other people to keep feeding my family and remain successful, but it will always be a big part of my business.

I often get 5 or 6 JV requests a day, and not 1 in 10 are worth looking at.

The person approaches me acting as though they are doing me a favor by "allowing" me to sell their amazing product. They have not tested the selling process, they have lousy products and or customer support.

They can't write or speak properly. (I'm not the spelling or grammar police, I have to have my assistant double check everything I do because I'm awful, but you'd be amazed at how many native english speakers send me something that looks like it was outsourced to my son, who's in 2nd grade)...I could go on and on..but I won't.
- Thanks
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Joint Venture Request...

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