3 Devastating Joint Venture Mistakes To Be Avoided
There are several aspects of joint ventures that are well known; they can be an excellent way to expand your business, plus you can make a lot of money quickly with them. It is usually possible for almost any business within any market to find a willing JV partner and put a deal together than can be profitable. There are many reasons why joint ventures don’t work out for many, but the majority of the times it’s because you make a simple mistake that you could have avoided. We will cover three types of joint venture mistakes that must be avoided at all times.
One of the most common joint venture mistakes is not sending out another mailing to the subscribers who haven’t really taken any action and bought from you. There are plenty of times in which a second mailing can get more valuable traffic than the first mailing. This is because many times subscribers will not pay attention to the first email because they haven’t been exposed to it enough to make a sale. But, the second they see it, they will know more about it and are more willing to make a purchase. One big joint venture mistake is sharing your customer’s private information with your JV partner without their consent. You might not think that intimidating your list is a good thing to do at the launch of a joint venture, but it might turn out well. People are very stern when it comes to sharing their personal information. This means that you must get consent and let them know that you have JV partners and when you will share personal information with others. Let them know that this is a safe process and they don’t really need to worry about anything.
How successful you are also depends on what day you launch your joint venture. The best days to not roll out your JV are Friday, Saturday, Sunday, and Monday.
On Friday, people do not care and only want the weekend, and on Monday they are too stressed and do not care. The best days to do your mailing are Tuesdays, Wednesdays and Thursdays. Plus experience bears this out that emailing in the middle of the week works far better than other times. It is true that things like this will make a big difference in your results and profits. All in all, joint venture marketing can be viewed as one of those marketing techniques that get big results in a short period of time. There are a lot of internet marketers that still need tradition ways to get traffic such as article marketing and video marketing, which are slow for results. Even if you have never been in a joint venture in the past, it won’t be an issue. The information is there for you to learn, so take action and you will succeed soon. You might fail in the beginning and you might think it is hard to learn everything, but it will click and work in your benefit.
Learn more about Bill Arnoldi of FireBall Information Technologies – Fireball Tech Computer Repair Tucson and Core Business Strategies Web Marketing, an Internet Marketing guru with over 18 years of experience in system design, networking and Search Engine Optimization including SEO, SEM, WSO.
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