Joint Ventures: How to Write an Irresistible Proposal
A joint venture is a partnership undertaken between two or more businesses for mutual gain. To have a joint venture partner you have to seek out website businesses that are related to the products or services that you are selling. Finding one is the easy part, the hard part comes next. How do you convince them to have a joint venture? You first have to write proposals. Joint venture proposals are a formal way of saying to your partner “Let’s make a deal and be partners.” Joint venture proposals are far more successful in obtaining partners if they are brief and to the point. Remember that you are dealing with people that are the same as you are. A ten-page proposal will simply not cut-it. It can become boring for the reader to read all the corporate jargon that is is not easy to understand, and subsequently, they will reject your proposal.
The first thing you have to remember to write in your proposal is the most common question of a potential partner. Whether they are an article publisher, a competing business owner, or even a CEO of some huge corporation, they will usually ask in various ways, “What’s in it for me?” They will often ask and wonder how your proposed joint venture will benefit them and their company. Remember that people like to sieze advantage, so explaining to them the benefits for them and their company a joint venture can give is very important in gaining their partnership. Explain each benefit in detail, yet still in simple terms, to get their attention. It is very important that the benefits you offer them are accurate and also highly beneficial to their clients. Explain to them that it is very lucrative for your potential partners to have joint ventures. If you are an experienced negotiator, you will know that giving them what they want to hear is best. And also keep in mind that it is not always about the money.
Now that you have an idea on how to write a proposal, it is the time on how to write you proposal so that it gets the attention of your potential partner and does not turned down. Research about your potential partner; determine what their specifics needs are for their business. Look at their websites and look for their company mission or goal. This will reveal what your potential partner wants in a joint venture. Make an offer they cannot refuse. The key again here is research. Try to find out what they want. Also, make it appear like they will get more profit out of it than you will. You will have to make it look like they gain all the advantages while you are only asking for a few reasonable things. This will help you in the long run, for instance; if your partner has many clients, it is possible that some of them may buy from your website, and that you may also get free targeted internet traffic. Make the proposal as easy to read as possible. Getting that illusive “yes” can be very easy if you keep your proposal brief and to the point. Remember, always include in your proposals their benefits. This is because many people are naturally lazy readers; they do not want to read technical terms that may seem complicated and hard to understand. Tell them in your proposal, formally, that they are sitting on a gold mine. Make your proposals personal. Relate to your potential partner as much as possible and avoid impersonal proposals. Impersonal proposals will only get one look from a potential partner before it is thrown away. Try to relate to your potential partners by giving them the same goals or missions as their company that you would like to achieve. If you really want to make an impression, send the proposal by hard copy through “snail mail”. It can look very professional and more attractive this way.
Build a relationship with your potential partner. Most businesses will only do business with you if they know you well enough to trust you. Try to relate to your potential partners through your proposal. In your proposal, add a sense of urgency, there is no use having to wait a long time just for them to say no. However, write it in a discreet way, do not point out to them that you are in a hurry. It could lead them to think that you are overbearing, deceptive and unrealistic.
How to Get Started in Earning Money Through Affiliate Marketing
Affiliate marketing offers earning opportunities, making it one of the fastest growing industries in the World Wide Web today. It produces billions of dollars worth of income every year. That is why more and more people are getting involved in it.
However, most of them are just now getting into the jive of earning money without a concrete plan. You will have to strategies to implement—no guidelines to follow.
In the event that you are planning on getting yourself involved in affiliate marketing, bear in your mind that it is serious work. Though, it is one of the easier ways of earning additional income; it still requires effort, perseverance, and a clear plan of action from your starting point all the way up to the finish line.
To start things off, here are some of the elements that you need to consider when engaging yourself in affiliate marketing:
• Having your own home office is the initial element that you need to consider in starting your affiliate career. Have your office workspace comfortable to work with. Make sure that it has enough illumination and that your personal computer has enough ventilation, as well.
• You must have some basic knowledge of trading online. It is necessary to be well trained in order to achieve success in this career. In case you are still unfamiliar of the system, you can get the necessary training that you need.
You can start by looking for some affiliate marketing professionals who have already earned an substantial extra income and let them guide you on the system. The Internet also offers various resources and conference timetables, which you can attend to learn.
• Set a realistic target so that you can set the necessary plans to reach it. For instance, $1,000 is likely attainable if you are a first time affiliate marketer.
Since the popularity of affiliate marketing is increasing, it has lead to an increase of earning opportunities. Now, you will ask yourself, “How will I choose the right affiliate marketing program?” and “Which one will give me that good chance of earning a substantial income?”
The preceding sections can help you decide on those matters pertaining to affiliate marketing. These will help you evaluate the different opportunities and save your personal resources as well.
Of course, that is the bottom line. How much will you earn from a sale? There is no point of endorsing a product or service if you will not earn from it.
It will lead you in spending more on marketing it rather than making sales. Stick to a program that offers high commission values, possibly on a 50% basis.
Traffic on the Merchant’s Website
Try to know the traffic that the merchant’s site is receiving. You can use this standard for you to determine which you will affiliate.
If a certain website ranked in the top 100,000, this means that the website has a good volume of traffic and it has a vast amount of affiliates. If it is ranked below 500,000, then it means you get either little opportunity or nothing at all.
Always conduct some research to see if the merchant’s site is getting good web traffic. It will help you find where that gold mine is hiding.
It is important to know how often you will receive your paychecks. There are merchants that release the commission of their affiliates on a weekly—others monthly or quarterly. Your target will not be met if your financial resources run out.
Merchant’s Promotional Resources
In advertising, promotional resources are vital elements. Check the type and quality of these promotional materials that they are offering to their affiliates.
Look if there are articles or reviews posted in free article sites, special offers, and free samples.
Sometimes, it is wise that you use your own advertisement strategies. There are affiliate programs that use the same ads over and over again. By placing some fresh ads, the impression of the prospect is that it is a new product.
Affiliate marketing is full of surprises. Follow the aforementioned starting elements and pointers and start your affiliate career by hitting a gold mine.
Knowing What Corporate Blogging Is
Have you ever wondered what blogs are all about?
Blogs are publications on the internet about the blogger’s (author of the blog) interests, thoughts, opinions, et cetera. Some use blogs like a diary, describing their everyday lives.
A corporate blog is a type of blog that is published in support of an organization to help reach their goals, such as marketing and selling their products and services.
Businesses create blogs to strengthen their relationships with important target groups and improve the positioning of the publishing organization as industry experts. This means that an organization creates blogs to demonstrate their knowledge on the industry they are in.
In a business endeavor corporate blogs are used for advertising; much like TV ads, print ads, audio ads, and so on. There are more reasons why corporate blogs are used, but the main reason doing so is to create stronger and more personal relations with target groups.
Reasons for Corporate Blogging
To place your company as the leader in the industry your company is in; be knowledgeable about the topic.
Your forum, where your main objective is not to sell, should focus on a more personal relationship with your customers. Create a forum specially for customer relations between your company and your customers. This is great way for customers to interact with one another, and provide reliable feedback for your product.
Blogs are a great way for employees or project members to communicate with each other and discuss how to improve the project or product, as well. Just like their regular meetings—only they do it through blogs.
Remember that you should keep blogs easy to read, and to avoid technical terms on the topic.
Another benefit about a blog is that it is informal. People can converse comfortably like friends. They can share their opinions about the topic, and express their ideas to make it better.
If you do it right, many businesses like yours will link their website to yours. They will regard you as an expert on the industry.
There are six different types of corporate blogs. Each has its characteristics and different styles.
Corporate blogging is mainly used to build a relationship between the customers and employees of the organization; creating a sense of personal view, and providing a place to freely express opinions about the product or services. It is also a great way to get employees to work more efficiently by sharing their own ideas and opinions about an on going project.
Starting a corporate blog is fairly easy. You do not need to know about coding or have to buy any software or programs. There are many free blog publishers on the internet where you can use their services easily—and free of charge. Some blog publishing websites even have blogging wizards available, which help you with a step-by-step process creating a blog.