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Other Added - The 13 Key Success Factors Of A Well-Executed Joint Venture
Children are fond of copying almost anything they see, especially if it's performed by an adult. Most kids now are familiar with the computer, and the many features of this amazing thing. But copying is not always interpreted with its literal meaning. There's this process which is considered an art in itself that only well-experienced and dedicated persons can do, and this is called copy writing.What then is copy writing? Since the birth of the internet, there have been a lot of opportunities for people who want to earn money. And copy writing is just one of them. Copy writing is defined
You’ll have a lot more luck selling to folks who are really passionate about whatever you are selling. Golfers, for example, have been known to spend small fortunes just to take a stroke or two off of their game.
11. Has The Sales Letter, Price Of The Product Or Service, Etc. Been Tested?
A tested sales letter, etc. will be a lot more lucrative than one that hasn’t been tested at all.
If the price hasn’t been tested, you are most likely going to be losing a lot in sales. You should test to determine the price that sells the most.
12. Is The Endorsee A Well-Known And Trusted Expert ?
The more the product or service owner is trusted and considered to be an expert in his or her field, the more the Joint Venture will have the potential to be profitable.
13. Are The Prospects Rich? Or At Least Well-Off?
This pretty much ties in with the frequ
Any selling approach that lacks a proven strategy, a practiced proficiency for its application and most significantly, a full understanding of its psychological, human behavioral import – is at best, a wishful endeavor. …Paul Shearstone 2003......................................................................................No one ever questions the fact there are born athletes who, when compared to others, make what they do look effortless. For these athletes, instinct seems to guide them like a good road map. That is their gift.Exceptional though they may be, even athle
You want to find a product / service that sells, and sells well. You need something that people want, not something that people need. People buy wants a lot more than they buy needs.
Is your product or service targeted towards a niche market? Is there a big demand for it? Are the customers in that market rabid for products like yours? Are they easy to reach?
2. Endorsement
One of the most important factors in the success or failure of your Joint Venture.
You have to send an endorsement (recommendation) to the list. NOT a blatant sales letter type ‘‘endorsement’’.
The endorsement has to convey the fact that the list owner is trying to help his client base, not sell them something. The endorser is doing a favor to his clients. He went out of his way for them to bring them this special offer.
That’s why you should always offer a special privileged rebate on the product or service.
Write the endorsement as if you were personally talking to someone and someone only.
3. Price Of The Product Or Service
The price has to be along the lines of the cost of what has already been sold to the list. Trying to sell a several hundred dollar product to a mailing list that’s used to buying cheap products is not a good idea.
4. How Targeted Is The List Vs. Your Product? Or Vice Versa?
The more targeted, the better. Don’t expect to make megabucks if you match a book on doll collecting with a financial newsletter or e-zine. If the offer is not very targeted, the deal will flop.
There can be exceptions to this rule however. Special occasions like Christmas, Valentine’s Day, Easter etc. can be used as a reason to buy. So you can match 2 completely unrelated businesses and the deal will probably work.
5. Relationship
Another very important factor. Always, always partner with list-owners that have a great relationship with their subscribers because the stronger the relationship, the stronger the endorsement, and the stronger the endorsement, the more sales you’ll make.
And if you have a mailing list, you should always work on building a better relationship with your subscribers. Some marketers have such great reputations and relationships with their client base that they can sell almost anything to them.
Some have been known to sell products that were priced several times higher than their competitors, and they made a killing at it. Achieving this level of trust with your subscribers should be one of your main goals, one that will benefit you for years and years to come.
6. Size Of The List
As a rule of thumb, the bigger the better. But that’s not always the case. If the subscriber base does not trust, or has little or no relationship with the list owner, doing a Joint Venture with that mailing list will be futile. If you can find a huge targeted list that has a great relationship with the list owner, you may very well be sitting on a gold mine.
7. Sales Letter (Or Copy)
The sales letter is another very important factor. The higher the conversion rate (or visitor value), the more profits you will be making.
8. Recency
Have the prospects recently bought products similar to the one you’re trying to sell? If so, it’s a very good sign. The best prospects are the ones who bought within the last 4-6 weeks. These folks will be the most responsive. But don’t mail sooner than 3 weeks apart.
9. Frequency
Do the prospects regularly buy products and services similar to yours? Another very good sign. If they have often bought stuff like yours, they’ll probably want to buy more.
10. The “High-Passion Index” Of Your Target Market
You’ll have a lot more luck selling to folks who are really passionate about whatever you are selling. Golfers, for example, have been known to spend small fortunes just to take a stroke or two off of their game.
11. Has The Sales Letter, Price Of The Product Or Service, Etc. Been Tested?
A tested sales letter, etc. will be a lot more lucrative than one that hasn’t been tested at all.
If the price hasn’t been tested, you are most likely going to be losing a lot in sales. You should test to determine the price that sells the most.
12. Is The Endorsee A Well-Known And Trusted Expert ?
The more the product or service owner is trusted and considered to be an expert in his or her field, the more the Joint Venture will have the potential to be profitable.
13. Are The Prospects Rich? Or At Least Well-Off?
This pretty much ties in with the freque
How important is it to have the confidential operations manual in a franchise company? Indeed, it always amazed me how many franchise companies would start out without ever having written their confidential operations manual. They may have had 20 years experience in a small business model, identical to the one they wish to franchise, however they had never written to manual.I recommend “E-Myth” By Gerber and perhaps this will address some of what I am trying to say. The consistency and integrity of a franchise system and its brand-name rely on a duplicatable method of doing business.
Write the endorsement as if you were personally talking to someone and someone only.
3. Price Of The Product Or Service
The price has to be along the lines of the cost of what has already been sold to the list. Trying to sell a several hundred dollar product to a mailing list that’s used to buying cheap products is not a good idea.
4. How Targeted Is The List Vs. Your Product? Or Vice Versa?
The more targeted, the better. Don’t expect to make megabucks if you match a book on doll collecting with a financial newsletter or e-zine. If the offer is not very targeted, the deal will flop.
There can be exceptions to this rule however. Special occasions like Christmas, Valentine’s Day, Easter etc. can be used as a reason to buy. So you can match 2 completely unrelated businesses and the deal will probably work.
5. Relationship
Another very important factor. Always, always partner with list-owners that have a great relationship with their subscribers because the stronger the relationship, the stronger the endorsement, and the stronger the endorsement, the more sales you’ll make.
And if you have a mailing list, you should always work on building a better relationship with your subscribers. Some marketers have such great reputations and relationships with their client base that they can sell almost anything to them.
Some have been known to sell products that were priced several times higher than their competitors, and they made a killing at it. Achieving this level of trust with your subscribers should be one of your main goals, one that will benefit you for years and years to come.
6. Size Of The List
As a rule of thumb, the bigger the better. But that’s not always the case. If the subscriber base does not trust, or has little or no relationship with the list owner, doing a Joint Venture with that mailing list will be futile. If you can find a huge targeted list that has a great relationship with the list owner, you may very well be sitting on a gold mine.
7. Sales Letter (Or Copy)
The sales letter is another very important factor. The higher the conversion rate (or visitor value), the more profits you will be making.
8. Recency
Have the prospects recently bought products similar to the one you’re trying to sell? If so, it’s a very good sign. The best prospects are the ones who bought within the last 4-6 weeks. These folks will be the most responsive. But don’t mail sooner than 3 weeks apart.
9. Frequency
Do the prospects regularly buy products and services similar to yours? Another very good sign. If they have often bought stuff like yours, they’ll probably want to buy more.
10. The “High-Passion Index” Of Your Target Market
You’ll have a lot more luck selling to folks who are really passionate about whatever you are selling. Golfers, for example, have been known to spend small fortunes just to take a stroke or two off of their game.
11. Has The Sales Letter, Price Of The Product Or Service, Etc. Been Tested?
A tested sales letter, etc. will be a lot more lucrative than one that hasn’t been tested at all.
If the price hasn’t been tested, you are most likely going to be losing a lot in sales. You should test to determine the price that sells the most.
12. Is The Endorsee A Well-Known And Trusted Expert ?
The more the product or service owner is trusted and considered to be an expert in his or her field, the more the Joint Venture will have the potential to be profitable.
13. Are The Prospects Rich? Or At Least Well-Off?
This pretty much ties in with the frequ
A common concern in business networking is how to initiate conversations. Obviously, being able to start a conversation is important, since networking is all about having successful conversations.However, knowing when to *stop* talking is just as important as knowing how to start talking!Why is this? Well, because you may want to know whether the other person is interested in what you're saying and if they're "getting it" how to reframe the conversation, if necessarywhat to say next and in how much detail and so
And if you have a mailing list, you should always work on building a better relationship with your subscribers. Some marketers have such great reputations and relationships with their client base that they can sell almost anything to them.
Some have been known to sell products that were priced several times higher than their competitors, and they made a killing at it. Achieving this level of trust with your subscribers should be one of your main goals, one that will benefit you for years and years to come.
6. Size Of The List
As a rule of thumb, the bigger the better. But that’s not always the case. If the subscriber base does not trust, or has little or no relationship with the list owner, doing a Joint Venture with that mailing list will be futile. If you can find a huge targeted list that has a great relationship with the list owner, you may very well be sitting on a gold mine.
7. Sales Letter (Or Copy)
The sales letter is another very important factor. The higher the conversion rate (or visitor value), the more profits you will be making.
8. Recency
Have the prospects recently bought products similar to the one you’re trying to sell? If so, it’s a very good sign. The best prospects are the ones who bought within the last 4-6 weeks. These folks will be the most responsive. But don’t mail sooner than 3 weeks apart.
9. Frequency
Do the prospects regularly buy products and services similar to yours? Another very good sign. If they have often bought stuff like yours, they’ll probably want to buy more.
10. The “High-Passion Index” Of Your Target Market
You’ll have a lot more luck selling to folks who are really passionate about whatever you are selling. Golfers, for example, have been known to spend small fortunes just to take a stroke or two off of their game.
11. Has The Sales Letter, Price Of The Product Or Service, Etc. Been Tested?
A tested sales letter, etc. will be a lot more lucrative than one that hasn’t been tested at all.
If the price hasn’t been tested, you are most likely going to be losing a lot in sales. You should test to determine the price that sells the most.
12. Is The Endorsee A Well-Known And Trusted Expert ?
The more the product or service owner is trusted and considered to be an expert in his or her field, the more the Joint Venture will have the potential to be profitable.
13. Are The Prospects Rich? Or At Least Well-Off?
This pretty much ties in with the frequ
Complaining about businesses, products, and employees is nothing new, but ComplaintService.com has made it that much easier.The service is celebrating two milestones this month. First, the site will be celebrating its 2,500th complaint submission, and secondly the site will be celebrating its first anniversary later in the month with a free promotion for registering for their forum.ComplaintService.com strives to be the easiest complaint forum available on the Internet. Unlike other similar services you do not have to create an account to submit a complaint, simply enter the name
7. Sales Letter (Or Copy)
The sales letter is another very important factor. The higher the conversion rate (or visitor value), the more profits you will be making.
8. Recency
Have the prospects recently bought products similar to the one you’re trying to sell? If so, it’s a very good sign. The best prospects are the ones who bought within the last 4-6 weeks. These folks will be the most responsive. But don’t mail sooner than 3 weeks apart.
9. Frequency
Do the prospects regularly buy products and services similar to yours? Another very good sign. If they have often bought stuff like yours, they’ll probably want to buy more.
10. The “High-Passion Index” Of Your Target Market
You’ll have a lot more luck selling to folks who are really passionate about whatever you are selling. Golfers, for example, have been known to spend small fortunes just to take a stroke or two off of their game.
11. Has The Sales Letter, Price Of The Product Or Service, Etc. Been Tested?
A tested sales letter, etc. will be a lot more lucrative than one that hasn’t been tested at all.
If the price hasn’t been tested, you are most likely going to be losing a lot in sales. You should test to determine the price that sells the most.
12. Is The Endorsee A Well-Known And Trusted Expert ?
The more the product or service owner is trusted and considered to be an expert in his or her field, the more the Joint Venture will have the potential to be profitable.
13. Are The Prospects Rich? Or At Least Well-Off?
This pretty much ties in with the frequ
According to a recent survey, gentlemen prefer blogs to the tune of 75 percent; roughly 25 percent of blog frequenters are female. But I want to invite all you ladies to invade the male space. What exactly is a blog? Well, it is an online journal or tabla rasa in the Internet zone where average people can post articles and comments, expostulate, and generally schmooze about topics ranging from food to politics.It is also a retaliation against what bloggers call MSM; you know, mainstream media, such as CNN, Fox News, and the New York Times. The argument is that MSM is controlled by corpor
You’ll have a lot more luck selling to folks who are really passionate about whatever you are selling. Golfers, for example, have been known to spend small fortunes just to take a stroke or two off of their game.
11. Has The Sales Letter, Price Of The Product Or Service, Etc. Been Tested?
A tested sales letter, etc. will be a lot more lucrative than one that hasn’t been tested at all.
If the price hasn’t been tested, you are most likely going to be losing a lot in sales. You should test to determine the price that sells the most.
12. Is The Endorsee A Well-Known And Trusted Expert ?
The more the product or service owner is trusted and considered to be an expert in his or her field, the more the Joint Venture will have the potential to be profitable.
13. Are The Prospects Rich? Or At Least Well-Off?
This pretty much ties in with the frequency. Most rich people spend a LOT of money to learn as much as they possibly can. They never hesitate to invest in their education.
Copyright 2005 Gabriel Howes
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