One of the main reasons you’ll want to consider joint venturing with other marketers is that it’s a fantastic way to build your list.
There are two main ways this can happen. You can leverage the list and contacts your joint venture partner already has. You can use the projects, products, and efforts your businesses create in combination to generate new leads.
If you’ve never worked with a joint venture partner before, now’s the time to start. In fact, it’s time to get really excited. You can grow your list, earn more money, and build your business to incredible heights.
Why Do You Want to Build Your List With Joint Ventures?
If you’re going to put in the effort to start a joint venture partnership as a way of building your list, it’s important to be really sure as to why.
It’s not like you can snap your fingers, find a partner, and have them give you all their leads. There’s real work involved. That’s part of the reason why some people get excited about JV’s at first but don’t follow through… They aren’t willing to roll their sleeves up and get their hands dirty.
You’re willing to do that, though. You’re willing to work hard. So let’s be sure about why you want to choose this path.
The fact is that you can build your list a lot more quickly when you focus on joint ventures. Those leads are already there. Those leads have already joined the list of someone who is a lot like you. There are real people on that list who have already signed up with someone. They have already raised their hand and said, “I’m interested in this topic!”
If only you could get their hands on those leads. Well, now you can.
If you can work with a joint venture partner on a project where those leads are funneled to your partner AND to you, you both win. Those leads become yours as well. You can use them for this project and for the future. You can then build relationships with those leads and promote to them.
You want to build your list because that’s the way any business succeeds. You need to build relationships with people in your niche You need to be able to contact targeted people any time you need and want to. Grab the leads of your partners in the best possible way and benefit.
It can be really, really difficult to build your list from scratch. It can take many months or even years to build it manually on your own. So, let’s take a shortcut. Work with someone who’s at the same level as you or even higher. Work with someone who has a great list.
Create a great project with them. Take advantage of their list. Build a relationship with their list. Leverage the fact that THEY have a relationship with their list and you’re gaining a lot of credibility by association. Funnel their list to you.
How to Use Joint Ventures to Build Your List
Let’s get into exactly how you can do this.
You find a great joint venture partner who has an established list. You may or may not have one already yourself. You have something to bring to the table for sure– but it may or may not be an established list.
What you might do with your partner is form a joint list. You’ll funnel the leads you both collect to one joint list that you both have access to. You’ll also both have access to these leads on an individual basis. The efforts of both of you can lead to a much larger pool of leads overall… Especially when they or you or both is funneling leads you already have into the pool.
Once those things are decided, you’ll work on a project together. This might be a product you put up for sale. You’ll create a freebie to give away. You’ll gather leads. You’ll both promote the freebie and get affiliates on board to promote the freebie (they will get credited for the sale of the product once it’s launched).
You’ll then launch the product with affiliate support. You will get affiliates on board from your contacts and from their contacts. You get the benefit of a much wider reach and doubled traffic efforts.
You will both announce the launch of the product to your established lists and contacts.
Every time someone buys the product, they will get added to the new email list that you both have access to.
Because you’re working together, there is a flurry of affiliate traffic, established contacts, email marketing, new leads, and sales going on.
After the launch, you and your JV partner will have access to a great list, a boost in perceived expertise and standing in the niche, more contacts, a better reach, a higher income, and so much more.
This is much better than you can do on your own. There are so many benefits to working with a joint venture partner– including having the chance to build your list to incredible levels.
If you’re desperately trying to build your list piece by piece on your own right now, this is something you should think about. Find someone you’d like to work with. Consider what you can work on together. Put together a great launch plan and make sure you both bring something to the table.
Make sure you both have the goal of increasing your email list size. Set specific list growth goals you intend to achieve and a plan for making it happen, in combination with your JV partner. Leverage their existing list and contacts and find success much more quickly than you could have ever achieved on your own.
This isn’t anything new. Working with joint venture partners to earn more money and grow your list is a tried and true part of business. Don’t hesitate– this is the path to giving your business a huge boost and you’re missing out if you don’t take advantage of it.