10 Key Steps To Joint Venture Setup And Long Term Success Internet Articles | March 29 Zach Gentry Inverted Jersey , 2005
1. Choosing Good Partners One of the keys to a successful JV is to pick high quality and high traffic sites with which to partner. In this case, and below, we will be using the example of selling an E...


1. Choosing Good Partners
One of the keys to a successful JV is to pick high quality and high traffic sites with which to partner. In this case Benny Snell Jr. Inverted Jersey , and below, we will be using the example of selling an Ebook that you have created. The topic of this particular Ebook is ?Bass Fishing.? An easy way to find potential JV partners is to go to Google and type in the top three terms related to your topic. In our example we type in ?Bass fishing? Large mouth Bass and Small mouth Bass. With the size of the Internet, and the searching capabilities of Google Justin Layne Inverted Jersey , you can write your Ebook on almost any subject and find a large list of websites that cover it. I suggest starting with a group of 50 sites, total, with which to work.


2. Choosing Quality Sites
Look for Quality growing sites within your niche market.
Once you get a list of sites (I suggest you break them down into groups of five) you should then go to www.Alexa and download their toolbar. Check each site?s overall growth rate and use the ?wayback? feature to get an idea about how much work they have put into the site. Do not be surprised if there is no data available in a number of the categories; Alexa measures growth rates of only the most rapidly growing sites.


You want to find the highest traffic growth sites possible. Out of your first five sites pick the top two growth sites and put them to the side for future use. Take the other three sites and Diontae Johnson Inverted Jersey , using the downloadable Google tool bar (http:toolbar.google), find out the page rank of the sites. If the page rank is lower than five I suggest putting them into your ?To contact later pile? If the page rank is five or higher put them into your contact file.


3. Contacting Smaller Sites First
Contact the smaller slower growing sites first. The reason I suggested, putting the top two growth sites out of each five to the side is because you are much more likely to get a JV and reciprocal link from a smaller site when you are first starting out. Once your site has reached a page rank of five or above AND with at least 10+ back links to quality sites you can then contact the bigger sites. Lets face it Devin Bush Inverted Jersey , not only do the sites that sell your Ebook want to make a percentage of each sale, they also want to increase their PR ranking and number of quality linking partners. If you go to the bigger sites on day one you are much more likely to get a ?no? than if you build your site rankings and links first. Big sites, above all James Conner Inverted Jersey , don?t want to have their rankings go down. So really do your JV homework and linking prior to contacting them. (OK I am finished preaching about that!)


4. Writing a Professional Contact Letter.
One of the keys to a successful JV is to prepare a professional contact letter that clearly states the benefits (percentage of sale) that the JV partner will receive. Another key point to state is how many sites you are linked with and their average page ranking. (Remember: five or above). It is imperative that you make your letter short, concise and clearly stating the benefits to them. This is also the time to mention the fact that you will provide the partner site with all the necessary ad copy, pictures JuJu Smith-Schuster Inverted Jersey , banners and ongoing emails that they will need to promote your product so they can get paid. Before contacting the JV partner you will also want to set up an affiliate program through www.shareasale or www.clickbank. My point is: the simpler you make things for the JV partners the more positive responses you will have.


5. Making A Show of Good Faith.
It is a very good idea prior to contacting potential JV partners to create a link on your site to the potential partner?s site. Try to use their logo or links they have already created. If there is a copyright notice on the site, create a test-based ad instead. Once you set up the link, preferably on your partner?s page or home page at the bottom T. J. Watt Inverted Jersey , you should contact each site. See our www.Home-Business-Success.biz site for an example.


6. Follow up Follow up Follow up.
It is extremely important to follow up until you get a definite answer, yes or no. I suggest that you give the prospective JV site a call the day after you send the email. One thing to remember also is that with spam filters today some of your emails will get filtered out. When you call do not be totally shocked to hear they did not receive your email. If they did not receive the email ask them if you can send a copy of the email to them immediately. Give them your email address and ask them to add it to their address book so future emails will not be blocked.


7. Notification of Sales
Set up an automated email to notify the JV when they make a sale.
It always blows my mind that people don?t do this. Think about it, if you got a short email every time you made a sale for someone you are JV partnered with Terrell Edmunds Inverted Jersey , wouldn?t it motivate you even more to sell the product? I look forward to opening my email and seeing how many sales I made. It is like Christmas every day! Please do not overlook this simple but important and effective way to motivate your JV partners. Jeff wrote an excellent article on this specific topic which is listed on our website under ?Jeff?s Opinion?. It is a great read and contains valuable information. I suggest you check it out.