This month I've made quite a few deals with
ezine publishers from all sorts and ranges. Some of them
had only a few hundred readers, others a few thousand.
The common factor in all cases was that these were very
successful ventures for both the publishers and me.
Here are the easy steps I took to create my own money-on-demand
machine, in only a week.
1. Make Sure They Like Your Product
First of all make sure your potential partner has your
product and likes it. So, when you find someone who could
be an excellent joint venture partner offer them a free
copy of your product, just to evaluate it... with no obligations.
2. Create an Irresistible Offer
Then when they do like it, create an offer so good that
they won't be able to refuse it. This could mean bigger
commissions for them, for example 70% (don't ever offer
less than 50%). Or you could also give them a few valuable
gifts such as an ad in your ezine, a great ebook, etc.
3. Get Ready to Lose BIG
It may not sound good to you, but the real profits in any
business come in the long run, not the short one. The customers
your JV partner would send you are worth much more than
the money you'd make initially.
Even offering 100% of the profits as long as you get the
customers is profitable. But you don't have to do this --
after all you're here to discover how to create your own
instant money-on-demand system and not how to profit in
the long run. Just keep this in mind and don't get greedy.
4. Create a Special Offer for Your Partners
Let's face it, you want to treat your customers personally
and specially so they would like you and buy from you. So
does your partner. Create a special offer for their readers,
customers, etc..
This could be a special discount, an added bonus gift,
just about anything of value to your customers. And mention
this on the web site. Create a custom web site for each
of your partners and tell somewhere at the top that this
is a special offer for John Smith's friends, readers and
customers. And that this offer will expire in 72 hours.
And keep on your promise i.e. suspend the offer after the
deadline.
5. Use ClickBank For Your JV
First of all ClickBank are very easy to use. But more important
they offer you the possibility to insert the affiliate's
(i.e. your partner's) ID right into the order link. So instead
of sending visitors to http://www.yourwebsite.com/affiliates.cgi?affid=1635
they can send them directly to http://www.yourwebsite.com/john.
Another benefit in using this method is that you protect
your partner's commissions from being stolen. Here's how
your order link would look: http://www.clickbank.net/sell.cgi?AffiliateID_YourID/linknumber/linktitle
ClickBank cost $49.95 to join but it's worth it if you're
serious about creating a steady income for your product,
using joint ventures. You can learn more about ClickBank
at http://www.clickbank.com
6. Create a Credible Email Offer
Okay, you've created a special offer only for John's readers.
But why? Although it's obvious to you, it may not be to
everyone.
So come up with some credible reason why. For example,
I've used my birthday party which cost me a lot and I needed
to get some money (and do it real quick) to cover my expenses.
So I lowered the price in hope to make more sales and gather
the money faster. Now, that's a credible reason and it has
worked wonders for me.
7. Personalize Your Web Site
To further increase the profits from your JV with no efforts
whatsoever, personalize your web site.
Your partner probably has his or her readers' name information
(most
ezine owners do have it) so all you do is extract it to
your web site. This would increase your sales up to 3 times
or even more.
Tests show that it's possible to achieve as much as 600%
increase in sales just by installing a simple script on
your server, which won't take you more than 10 minutes.
I have used my own script and it has greatly benefited
both my partners and me. It's called Sales Ratio Booster,
and although it's my product -- I do recommend it from a
customer's point of view because it was firstly developed
for me.
8. Let Them Know You Look Forward to New
Ventures with Them
And finally let your partners know that you are willing
to do more joint ventures with them and to let you know
if they have something interesting. You don't even imagine
how much money you'd make once you establish relations with
a few folks and constantly create joint ventures with them.
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