I am sure you are quite familiar with the term “Joint Venture Marketing“. Others call it Affiliate Marketing; some refer to it simply as Business Partnership.
When I started online some four to five years ago, I’ve tried many different methods and systems in positioning myself in this industry. But it was not until I understood Joint Venture Marketing that I had my first taste of real success online. And since then, it has become easy for me to create success after success in my business activities.
I believe there are two levels of JV Marketing that goes hand in hand in order to be ahead of the game. I call these Internal and External JV Marketing.
Inside this video, I talk about these two approaches. Please make sure you watch the whole video because I reveal how you can get FREE access to another video where I discuss these Joint Venture Marketing methods in more detail. You wouldn’t want to miss it because it may be just what you need to make your online business a success.
Transcript Of Today’s Video
In the last year or so, I’ve sold over $200,000 worth of products with this External JV Marketing approach.
About three or four years ago, I was just busy with my first very successful product online. It was the Become A Blogger project that I did with my business partner, Yaro Starak.
Back then, we launched this thing and within a couple of weeks, we managed to get about 10,000 followers. We had about 700 paying members within the first two weeks for our membership site.
This was a life-changing type of event for me. It meant that we could make a fairly significant income online. I think we has about $20,000 per month income for that little business.
Before that, of course, I’ve tried many, many different things. Nothing really worked for me. The reason, I discovered later on, was that I didn’t know about this thing called Joint Venture Marketing.
I’m sure you’ve heard the term “Joint Ventures” or “Joint Venture Marketing“. But what I’ve realized over the last four or five years that I’ve been online is that very few people actually teach a solid method or approach for how you can go about doing this.
I see that there are two levels to Joint Venture Marketing. I really believe that you need both to be able to be successful. If you miss out the one, then the other one is not really possible.
The first one is what I’ve just labeled as Internal Joint Venture Marketing. This is where you team up with one or two, or a handful at the most, other business partners, so to speak. Similar to what I did with Yaro.
This is where you come together as a group of people (two people or perhaps more) where you all have special skills that you bring to the table; and you leverage off from each other those special skills.
For example, in my case with Yaro… when we met, we both realized that I was really good with video production and creating products using video. And Yaro, on the other hand, was really good with strategy; he already had access to a reachable market; and he had some good authority in the blogging niche. So it made a lot of sense for us to come together and to do that project together.
So we leveraged off from each other. Him, from my product creation and business management skills; and Yaro, for his access to database and the authority that he already built up within that niche.
As I said before, that was a very, very successful project. I really truly believe that it’s because it was the right kind of Joint Venture relationship that we started off with.
That was the first kind of Joint Venture Marketing that I see as critical for success online. What’s really good about that sort of things is that it can give you step growth. Instead of gradual growth, it can give you step growth.
Obviously, it is perhaps a little bit more challenging to pull off if you don’t know what you’re doing. If you know what you’re doing, it’s a lot easier, of course. But when you can do it well, you can build your email database very quickly and start making money very quickly.
Of course, there’s a buildup to it but once you have it set up it can be very very successful.
The second area of Joint Venture Marketing is what I’ve labeled as External Joint Venture Marketing. There is really where it comes down to promoting other people’s products once you have your own database.
For example, a lot of people in the internet marketing space call this Affiliate Marketing where you basically promote an affiliate’s product with your affiliate link. So you send out a link to your database; people click on the link; a cookie gets set on their computer of course. And if anybody makes a purchase through your link, you get a commission. With digital products, often it is between 40% and 50%; I’ve seen even as high as 90%; sometimes even 100%.
This is really where you pretty much take advantage of the database that you’ve built up. So it’s a different kind of leverage. The first, Internal JV strategy kind of thing is the leverage is with your business partner and their skills. The External JV Marketing or Affiliate Marketing is where you take advantage or leverage from the database that you’ve built up for your own business.
This second kind of Joint Venture Marketing where you promote other people’s product as an affiliate is incredible. In the last year or so, I’ve sold over $200,000 worth of products with this External JV Marketing approach where I send an email to someone else’s product pages and make sales.
Over the past twelve months, the amount of time that I’ve spent on it would have been in the area of hours, not weeks… hours, to be able to sell that amount of products.
What’s beautiful about Affiliate Marketing is that you don;t have to create the product; you don’t have to do customer support; you don’t have to worry about the technical side, technical support, technical maintenance of the product and of the business. All you have to do is send that business customers.
That’s why it’s almost like printing money. It really is as simple as that. I want you to get to a stage where you have a nice, healthy database, you can start doing those promotions and start making money really easily.
Seriously, it is very easy to make money once you have the database. That’s why you need to have the first kind of JV Marketing sussed out first, the Internal kind of JV Marketing.
How do you do this? How do you team up with the right sort of people to help you get these Internal kind of JV Marketing right? Once you have that right, once you’ve got your database, when you start promoting other people’s products, how do you make sure that you absolutely optimize the amount of money that you could make from your promotions?
There’s a right way and a wrong way of doing this. When you do it the wrong way, it can really screw up your business big time, trust me! If you do it the right way, in a tasteful, graceful way, you can really grow your business from a long term perspective.
I’d like to share with you how I’ve done this. I’d like to invite you to join me for a longer video. It’s about 25 minutes long where I go into a lot more detail of how I’ve done this. How I’ve gone through mainly the Internal kind of JV Strategies to help me set up my own database.
Now I’m able to do these Affiliate promotions. In fact, I’m able to do more Internal JV Marketing Partnerships and also more External JV activities.
I’d like to invite you. In the next few days, I’d be releasing a 25-minute long video or thereabout that you can get access to. You don;t have to pay anything for that video. It’ll be about 25 minutes long. All that you have to “pay” for it is your name and email address, then you’ll get access to that 25-minute long video.
This will happen in a few days time, so please watch your email inbox. If you’re not on my email newsletter yet, make sure you subscribe at www.RapidVideoBlogging.com.
If you’re on that list, we’ve got your email address confirmed, you’ll get sent an email to that longer 25-minute long video. This has really been something that’s instrumental in my success online. Obviously, success is not just one thing, it’s many many different things together. But the Joint Marketing side of my business has been a huge part of my success online.
I’d love for you to have access to that 25-minute long video coming up in the next few days. Please make sure you watch your inbox over the next few days. I’ll be sending that out real soon.
Also, I’d love to hear your thoughts on this sort of topic and what you think about how I’ve defined Internal and External JV Marketing. What do you think about it? What are your thoughts? Have you had some success with it? Do you have tips for everyone else watching this and reading the comments below? How to become successful at this. Let’s share the ideas and see how we can help each other.
Also, if you haven’t subscribed to my channel yet, there’s a subscribe link right here. I’d love to have you as one of my subscribers on YouTube as well.
Thank you so much for watching… And also, tell me what you think about this format of video with my face quite close to the camera and in the middle of the screen, a bit more intimate like this.
Let me know what you think.
Talk to you soon. Bye!