Internet Marketing &
Business Promotion
8 Easy Steps To Creating
A Money-On-Demand Machine
By Dmitry Nanev
This
month I've made quite a few deals with ezine
publishers from all sorts and ranges. Some of them had
only
a few hundred readers, others a few thousand. The common
in
all cases was that these were very successful ventures
for
both the publishers and me.
Here are the easy steps I took to create my own
money-on-demand machine, in only a week.
1. Make Sure They Like Your Product
First of all make sure your potential partner has your
product and likes it. So, when you find someone who
could
be an excellent joint venture partner offer them a free
copy of your product, just to evaluate it... with no
obligations.
2. Create an Irresistible Offer
Then when they do like it, create an offer so good
that
they won't be able to refuse it. This could mean bigger
commissions for them, for example 70% (don't ever offer
less than 50%). Or you could also give them a few valuable
gifts such as an ad in your ezine, a great ebook, etc.
3. Get Ready to Lose BIG
It may not sound good to you, but the real profits
in any
business come in the long run, not the short one. The
customers your JV partner would send you are worth much
more than the money you'd make initially.
Even offering 100% of the profits as long as you get
the
customers is profitable. But you don't have to do this
--
after all you're here to discover how to create your
own
instant money-on-demand system and not how to profit
in the
long run. Just keep this in mind and don't get greedy.
4. Create a Special Offer for Your Partners
Let's face it, you want to treat your customers personally
and specially so they would like you and buy from you.
So
does your partner. Create a special offer for their
readers, customers, etc.. This could be a special discount,
an added bonus gift, just about anything of value to
your
customers. And mention this on the web site.
Create a custom web site for each of your partners
and tell
somewhere at the top that this is a special offer for
John
Smith's friends, readers and customers. And that this
offer
will expire in 72 hours. And keep on your promise i.e.
suspend the offer after the deadline.
5. Use ClickBank For Your JV
First of all ClickBank are very easy to use. But more
important they offer you the possibility to insert the
affiliate's (i.e. your partner's) ID right into the
order
link. So instead of sending visitors to
http://www.yourwebsite.com/affiliates.cgi?affid=16353
they
can send them directly to http://www.yourwebsite.com/john.
Another benefit in using this method is that you protect
your partner's commissions from being stolen. Here's
how
your order link would look:
http://www.clickbank.net/sell.cgi?AffiliateID_YourID/linknu
mber/linktitle
ClickBank cost $49.95 to join but it's worth it if
you're
serious about creating a steady income for your product,
using joint ventures. You can learn more about ClickBank
at
http://www.clickbank.com
6. Create a Credible Email Offer
Okay, you've created a special offer only for John's
readers. But why? Although it's obvious to you, it may
not
be to everyone. So come up with some credible reason
why.
For example, I've used my birthday party which cost
me a
lot and I needed to get some money (and do it real quick)
to cover my expenses. So I lowered the price in hope
to
make more sales and gather the money faster. Now, that's
a
credible reason and it has worked wonders for me.
7. Personalize Your Web Site
To further increase the profits from your JV with no
efforts whatsoever, personalize your web site. Your
partner
probably has his or her readers' name information (most
ezine owners do have it) so all you do is extract it
to
your web site. This would increase your sales up to
3 times
or even more.
Tests show that it's possible to achieve as much as
600%
increase in sales just by installing a simple script
on
your server, which won't take you more than 10 minutes.
I have used my own script and it has greatly benefited
both
my partners and me. It's called Sales Ratio Booster,
and
although it's my product -- I do recommend it from a
customer's point of view because it was firstly developed
for me.
8. Let Them Know You Look Forward to New Ventures with
Them
And finally let your partners know that you are willing
to
do more joint ventures with them and to let you know
if
they have something interesting. You don't even imagine
how
much money you'd make once you establish relations with
a
few folks and constantly create joint ventures with
them.
------------------------------------------
Dmitry Nanev is the creator of Sales Ratio Booster:
Newly Discovered Technique for Personalizing Your Web
Sites
http://www.salesratiobooster.com
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