Sending A Joint Venture Proposal

When forming a joint venture with another business, your most important step is the approach you use when contacting your potential business partner.

Participating in a joint venture with another prominent business can be extremely beneficial to ones business. The biggest reason why most webmasters do not get a reply back when sending a proposal, is the approach they use.

I cannot begin to tell you how many proposals I personally have received that get deleted almost instantly. There are some that address the proposal with "Dear Webmaster" or as simple as just "Hi". Some do not tell me anything about themselves or their business (I guess I'm suppose to guess at this one). While others may be run-on, have misspellings, or just plainly unprofessional.

A joint venture is not as simple as lets say a link exchange. It requires a little more research and commitment by both parties.

Although you can send a joint venture through standard mail, consider sending your proposal by email in your first approach. If they have provided their phone number in their contact information, let them know that after a few days, you would like to follow up with a personal phone call to go over the details. Stipulate a time frame that you would like to call and asking them to reply back if the time frame is inappropriate.

Here are some guidelines when sending a proposal by email:

Be precise and clear with your proposal.

Make sure to personalize your email by using their name.

Write an email that shows professionalism and trust.

Complement the positive points you found on their website.

Include information about yourself, your website, your customer base and the services and products you offer.

Point out how you feel your customer base would have an interest in his/her products or services, as well as their customers having an interest in yours.

Highlight how both of you can benefit financially from this joint venture as well as gain added exposure.

Be sure that all spelling and grammar is correct.

When contacting a potential business owner on a joint venture, the key is to highlight the financial benefit to both parties.

If you are approaching a joint venture whereas the other party is just an endorser of your products, (such as an ezine publisher) a larger percentage of each sale should go to the publisher. In this case you have to keep in mind that they are doing all the work while endorsing your product to his/her established customer base.

Once you have found a party that is willing to form a joint venture with you, you may want to consider putting an agreement in writing and getting it signed by your new business partner. Just make sure you outline each of the terms in the agreement, such as precisely what you both agree to, terms, commission, time frame of the venture, how each of you are to get paid, etc.

John Kovacs is the CEO and founder of "A Home Business Opportunity". His website mainly focuses on supplying free marketing tips, resources and support for home startup businesses and Internet marketing. To get a step-by-step guide in building an online business, visit http://www.ahomebusinessopportunity.net

---

Dramatically Boost Your Exposure With A Press Release

Do you have a website but seem puzzled to how... Read More

The Power of Buzz

How did Hotmail gain over 12 million subscribers in 18... Read More

10 Marketing Tips for Entrepreneurs

Nothing happens in business until a sale is made. Marketing... Read More

Top 10 Internet Marketing Tips For Your Home Based Business

This article can determine the success or failure of your... Read More

Successful Internet Marketing Without A Budget

The following excerpts were taken from an interview held with... Read More

Free Content -- or Forbidden Fruit?

Dear Cathy:I just found an interesting article on someone else's... Read More

Scared Of Creating Your Own Info Product?

Don't be scare off when you hear about product creation... Read More

Internet Marketing Basics

Almost all of the articles on Internet marketing lacks coverage... Read More

Why Online Business - The Harsh Reminder Why Online Business Is For You

Many people want to achieve financial freedom and they know... Read More

Internet Marketing ? Short Term Strategy

After spending a lot of time and effort on building... Read More

The Real Key To Happiness, Peace of Mind, and Massive Internet Success

Do you know the secret that allowed 100% of the... Read More

Dont Become Another .com Road Kill

Remember those Super Bowl and World Cup commercials where you... Read More

A Powerful Selling Tool on the Net - 3 Factors To Apply

The Internet is a powerful selling tool. Never before has... Read More

Why People Will Look Back In Years To Come And Wish They Were You

It's true. Just think about it for a minute -... Read More

The 10 Success Basics For Your Online Business

It's always a good time to review what's been working... Read More

Make Money With A Business Opportunity Online

There are so many business opportunities these days that promise... Read More

Candy Jar Marketing

What is one of the main keys to a successful... Read More

10 Creative Ways to Sell and Market Resale Rights Products Offline

Are you having a tough time selling that ebook or... Read More

The Best Kept Secret on the Internet

What is the Best Kept Secret on the Internet?This is... Read More

Highly Recommended Pre-Fab Marketing Business

Unfortunately most 'ready-made' business sites don't seem to be very... Read More

The Fatal Attraction of Online Marketers

Suppose you were offered 263 links coming into your website... Read More

What Are Really The Best Strategies or Ideas for Internet Marketing?

There are many ways for you to do effective Internet... Read More

Online Sales: 10 Incredible Online Sales Tactics To Make Your Sales Soar

Are you interested in making your online sales soar like... Read More

Marketing Using Minisites

When it comes to making money online, there are a... Read More

The 13 Key Success Factors Of A Well-Executed Joint Venture

1. Product or Service That Sells WellYou want to find... Read More

Its a Community Thing!

You have this great website, you have sent out e-mails... Read More

The Long Sales Letter: Should You Use it In Your Advertising?

If you're a web marketer and you've done your homework,... Read More

Internet Marketing Requires Persistence

Marketing your company online requires patience and persistence. Like every... Read More

Cheap & Easy Online Marketing

A successful online business takes more than a website?a lot... Read More

Marketing Rapport - 3 Tips!

Establishing & maintaining rapport with your online audience is perhaps... Read More

Ive Started My Own Online Business...Now What?

People ask me this question all the time! The "Now... Read More

Is The Internet the Ideal Marketing Medium?

The internet has grown explosively in the ten or so... Read More

10 Mind Blowing Ways To Increase Your Sales

1. Show your prospects how much enthusiasm you have for... Read More