How Joint Ventures Can Catapult You to Success > NetSparsh

Home
>
Affiliate Revenue
>
How Joint Ventures Can Catapult You to Success

How Joint Ventures Can Catapult You to Success

Substantial opportunities for increased sales and profits are missed by not seeking out and implementing joint ventures.

Strategic alliances also create value for the customer and save money and build future relationships for the partners.

They don't have to be complicated, and they can be negotiated and launched quickly.

First, a quick and simple example. A bank that sends its statements out each month is approached by a ski resort. The resort offers an exclusive introductory discount to the bank's clients. 1. The bank gets to look good by offering something of value to their customers at little or no cost to the bank. 2. The customers save money and hopefully become long-time customers. 3. The resort gains exposure and potentially new guests--with no mailing expense.

That's called a triple win.

All it takes is a little imagination and the commitment to make it happen. The potential is substantial.

And they're fun. They provide some diversity and variety that makes work more interesting.

Begin with giving more than you expect to receive. What can you offer another company? What can the other company provide that you don't have--or would be expensive to obtain? A little brainstorming, some planning and some follow-through, and you can easily create a profitable joint venture.

Do it once, fine tune it, and then do it again with the knowledge and experience you've gained.

The possibilities are endless.

The joint ventures you don't seek out and execute represent huge sums left on the table.

Put together a project team this week. Generate ideas on how and with whom you might partner. Create your triple win.

About The Author

Copyright Michael Angier. SuccessNet.org and WorldClassBusiness.com help you and your business grow. Get their frëë report, 10 Pillars of a World Class Business, by sending an email to [email protected] No-cost subscriptions, memberships, eCourses, eBooks and more are available at http://SuccessNet.org and [email protected]

[email protected]

http://store.xiiiv.com/rss

In The News:

Publishers Look Beyond the Buy Button to Capitalize on Affiliate Revenue - Folio: Folio Magazine

Publishers’ affiliate businesses are also at risk from browser changes to limit tracking Digiday

Online Affiliate Marketing Programs that Drive Revenue Coast Digital

Platinum Equity affiliate to acquire Cision for $2.74b PRWeek

Inside The Data-Crunching That Powers Ziff Media Group's $1 Billion Affiliate Commerce Biz AdExchanger

The Global 200 Revenue Gap, More Claims Over Ex-DLA Piper Partner, When to Apply IPO Brakes: The Morning Minute Law.com

How The Points Guy built a 100-person media company off affiliate fees Digiday

Pepperjam to Host Webinar: Research Supports Affiliate Marketing as Marketers' Top Customer Acquisition Channel and Critical Revenue Contributor GlobeNewswire

Strategic Report on Affiliate Marketing Tracking Software Market Showing Petition Growth By Everflow, LinkTrust, AffTrack, Hitpath, Impact Radius, Click Inc, HasOffers, Voluum, CAKE, Post Affiliate Pro Market Report Gazette