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$10,000 - $100,000 In Just One Week!

Did you think that the title "$10,000 - $100,000 in just ONE WEEK" to be all hype? It is not! How many of you have heard of Joint-Ventures? Raise your hand high so that I can count them. Hmm. Not bad, about half I would say. How many have used a Joint-Venture Partnership? Well, I see a few scattered hands. First, I will attempt to explain the concept and advantages of a Joint-Venture.

A Joint-Venture is when two or more persons join forces for the mutual benefit of all involved.

For an example of the concept, do you remember when we were all kids. (I'll have to think, that was a few years ago) One boy in the neighborhood would show up with a bat, another would show up with a ball, they join forces, and before you know it a game has started.

Basically, the kids had joined in a temporary Joint-Venture Partnership. When the game is over, or supper is ready, the partnership is dissolved.

A short time ago, I ran across a real-life example of a Joint-Venture in action on the Internet.

I will not give any names because it would not suit the purpose of this article. Most people that have been on the Internet for a while and interested in the marketing aspect of doing business on the Internet would recognize the names.

I received a special edition to a newsletter that I am subscribed to. The publisher had created such a glowing endorsement of this new marketing program, I just had to click over to the URL provided to see what it was all about.

About halfway through the sales letter is when it hit me. Son-of-a-gun, it was beautiful! And you can do it too! Now, I will walk you through the steps (as I see them) it took to get a program like this started.

  1. Product
    To make this happen, you must create a product that is wanted by a large market. In this case, it was an Info type program about marketing and advertising.

  2. Price
    You must also keep the price low enough to grab the impulse buyers. No long drawn out thought process. Remember, you are after a quick short-term profit, while also gaining a valuable mailing list for long-term use. To make buying easier and quicker you must be able to take credit cards. You want the customer to buy NOW!

  3. Sales Letter
    This is a really important part of the sales process. In it you will attempt to list all the benefits of the program and, also, instill a feeling of urgency to purchase the program. Spend some real time on this part because it is very important.

After you have these steps completed, what do you need to get the ball rolling? Of course, Traffic!

That is where the other side of the partnership steps in. In this case it was a Newsletter Publisher with an opt-in subscription database of 80,000+. All the publisher has to do is write the glowing endorsement and send it in a special edition to his subscriber database.

This is where it gets exciting!

Say in this Joint-Venture, the split is 50-50. (I don't know the exact ratio but that sounds good.) Also, the marketing program costs $25.00. Okay, now that I have laid the ground work of this partnership, let's do some numbers. Consider if just 1% of the subscribers purchased the program. 1% of 80,000 is 800. 800 x $25 = $20,000. Split 50-50 = $10,000

Not too bad.

Now, consider that after such a glowing endorsement from the Newsletter Publisher, the sales reached 10%. 10% of 80,000 is 8,000. 8,000 x $25 = $200,000. Split 50-50 = $100,000 Huh. Let me check the numbers again. Yes, the numbers are correct! How long do you think you could get sales from one special edition? Probably, after a week it has run its course. $10,000 - $100,000 in just ONE WEEK!

Can you see the potential and the advantages of a Joint-Venture Partnership? How many times in one year could you do that? It is mind-boggling and a definite win-win situation. You can't lose when you have two strong programs coming together for mutual benefit, no matter what the numbers are.

In conclusion, I hope that I have caused you to think about the real potential of a Joint-Venture Partnership. It could be a real money maker for you. What's really great about this method is that you can use your program and run it with other newsletters or set it up as an Associate or Affiliate Program and make some long-term profits when the newsletter endorsement has run its course.



Written By : Lonnie Greenawalt
Lonnie Greenawalt has written numerous articles focusing on Internet Marketing, e-zine marketing, and how-to's for your Home-Based Business. To Subscribe to his e-zine and enter a drawing for a FREE PENTIUM III COMPUTER, place SUBSCRIBE in the BODY of an e-mail to marketing-news@oaknetpub.com or visit: http://marketingready.com


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