| This article will focus on using the internet to land join | | | | look at some options: |
| ventures and grow your MLM business quickly and | | | | 1. Forums- find forums that deal with your niche |
| effectively. | | | | market. (it's as simple as going on a search engine |
| First, | | | | and typing in your niche market and the word |
| What is a joint venture? | | | | 'forum') More than likely you will have people posting |
| Joint ventures aka partnerships involve using the | | | | in the forums that are looking for joint venture deals. |
| resources of you and someone else for a common | | | | The important thing to remember in these forums is |
| outcome. A good example of this would be FedEx | | | | to provide value and content before you present |
| Kinkos or Dunkin' Donuts and Baskin Robbins. | | | | your joint venture deals. The forum administrators, as |
| You won't be dealing with any companies of that | | | | well as members, absolutely hate spam. Do not spam! |
| size, but you get the idea. | | | | 2. Type in keyword terms in search engines to find |
| The MLM concept | | | | people who match your target market. Subscribe to |
| The whole point of Mulit-Level Marketing (MLM) is for | | | | them or their newsletters and find out through their |
| you to build a downline organization with a volume or | | | | emails if they would be a good fit to partner with. |
| product sold and sponsor new distributors. This is | | | | 3. Engage in social network communities (Facebook, |
| how you can create a passive income month after | | | | MySpace, etc..) to find people who you can possibly |
| month. Residual income aka the 'holy grail', is what | | | | joint venture with. These communities typically have |
| most newcomers to MLM are hoping to attain. | | | | forums and group discussions where you can find |
| How joint ventures make this easier | | | | potential prospects. |
| Joint venturing makes building your MLM organization | | | | 4. Check out classified web sites |
| much easier. You use the resources of another | | | | 5. Radio (non internet). You can shoot deals to radio |
| established marketer or advertiser to promote your | | | | stations. For every sale you make you pay a |
| message to their members with an incentive for | | | | percentage to the station. |
| them. | | | | 6. Go to and type in your target market in the upper |
| The important thing to remember with a joint | | | | search bar. A list of web sites will come up that |
| venture is to always make it a win/win situation for | | | | relate to your search. Browse the sites and see if |
| both parties. You have to always put yourself in the | | | | any of them are a good fit. Most of the time you |
| other person's shoes. What will they get out of the | | | | see advertising info on the top right hand site or |
| joint venture? How will it benefit them? Is your offer | | | | bottom right hand side of the web site. |
| going to conflict with their objectives? Does your | | | | Important guidelines to follow |
| joint venture proposal have a positive effect on their | | | | 1. Keep your joint ventures professional and to the |
| customers and followers? | | | | point. |
| How to propose a joint venture | | | | 2. Always think about the benefit your joint venture |
| Before you propose anything you have to get your | | | | partner will be receiving first. |
| ducks in a row. Think about what you are trying to | | | | 3. Be consistent. Joint ventures are the easiest way |
| do. You want to sponsor more members into your | | | | to build you MLM business, but they do require some |
| down line and get more product sold right? Yes. So | | | | work in the beginning. Once you build some |
| how will you propose this to a joint venture | | | | momentum you will see a flurry of partnerships |
| prospect? | | | | available to you. |
| You have two options: | | | | 4. Treat your MLM business like a business. From |
| 1. You will pay this prospects for them to promote | | | | your joint venture proposals and other marketing |
| your messageor | | | | methods it is important to think and act like a |
| 2. You will pay a commission or percentage to them | | | | business person. Only in this way will you get the |
| for each sale you make. This is commonly referred | | | | results you desire. Keep in mind also, that if you don't |
| to as per inquiry (P.I.). | | | | come off as being business oriented or serious, then |
| When proposing your joint ventures always | | | | how can your joint venture prospects take your |
| remember that you are trying to benefit your | | | | seriously? |
| prospective partner. You want access to their | | | | The best thing about joint ventures in MLM |
| resources and they know that. You have to make | | | | Joint ventures are absolutely free! |
| them an offer that is good for the both of you. | | | | But you will never get them to work unless you |
| So... | | | | follow the guidelines outlined in this article. So take |
| Where to find joint venture prospects | | | | heed to the advice given, practice and good luck! |
| Since you are going to do this primarily online let's | | | | |