Getting Started With A Joint Venture | Overview
Once your site has been around for awhile or when you have build up an email list, you can probably now start looking for joint venture partners to help drive traffic to your site. I say that you should have a decent site and/or list because in order to do a proper joint venture (JV) with another marketer, you will have to give back in some way, usually by sending traffic to them or paying them a commission on sales.
If you have a list already, even if it's just a few hundred subscribers, you should easily be able to ad swap with another marketer. Ad swapping is basically sending an email to your list about a free gift that the other marketer has, and in return they do the same for you. What this will do is drive free traffic upfront, but you are also building a list which as stated in the previous article can also continue to bring you free traffic.
Joint venture deals can come in many different forms, even simply placing an affiliate banner on your site is a kind of joint venture. There are so many different ways that you can use JV's to send traffic to your site, it really comes down to understanding what you have to offer and how you can benefit the other partner.
If you own a product then the possibilities are even greater, as your joint venture partner doesn't always have to do too much for you, except maybe placing an ad for your product on their site, or in their newsletter, on their product download page, or even just mention it on their blog.
By teaming up with someone else, you can both see a lot more traffic and sales.
Getting Started With A Joint Venture | Some Ideas
Here are a few ideas of how you can JV with someone else:
•Write a blog post about their product/gift and ask them to do the same for you.
•Offer them a high commission for sending traffic to your paid product.
•Mention them in your next product you create as a good resource to use, and ask them to do something similar.
•Swap Twitter/Facebook friends by telling your followers how great they are.
•Set up a group joint venture where everyone in the group helps each other out with promotions and sending traffic.
Getting Started With A Joint Venture | Preparation
If you feel that you are still too much of a beginner to do any joint ventures right now, don't let that stop you from helping out more advanced/more popular marketers. Yes, they might not be able to reciprocate right now to help you, but many of them will remember you when you become more advanced.
For example, if you are great at designing graphics, copywriting, or programming, offer to help them with those things. Often times advanced marketers will outsource these types of tasks, so ask them if you could do it for free or at a reduced cost. Don't be afraid to say straight out that you are new and want to help them so that they might be able to remember you later.
Once you start doing more and more JV's, those partners will tell other potential partners and sooner or later you will start receiving JV requests from all kinds of people, without you having to go out and look for them.
For getting free traffic and making more sales, joint ventures are great for that! Keep up a good relationship with your marketer friends because you never know when a Joint Venture might come in very handy for the both of you.
This concludes our series on Free Traffic Strategies. I sincerely hope that you have taken away from this some good information and ideas. If you are new to all this, the two best things to keep in mind are taking action and persistence. Do both and you will do fine.
More Joint Venture Ideas
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John Jay is the reviewer and author of numerous money making and money saving articles.
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