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If you haven't started your own niche business yet because you haven't got a product, here's a business where you don't need one - Joint Venture Brokerage. As a Joint Venture Broker you don't need your own product, customers or a mailing list... All you need to do is learn how to locate complimentary businesses, introduce them to each other and negotiate a deal with them. For doing this you get a percentage of the sales. How It Works If you're not familiar with this niche business, let me give you a couple of examples to illustrate how it works: Example One : 1. A has a product which he wants to get to the market but no list to mail to.Example Two : 1. A and B have successfull products which compliment, but don't compete with, each other e.g. Poodle Clipping and Poodle Training.These are very simplistic examples, but as you can see it's a total win/win/win arrangement for everyone involved. The great thing about brokering Joint Ventures is they don't have to be limited to just two parties. As a Joint Venture Broker you could set up deals which encompass multiple businesses and multiple products with each paying you a percentage. Ideal Brokerage Opportunies The ideal brokerage opportunities involve linking together business owners who haven't realized the profit potential that exists between their respective companies, and who possess little to no knowledge on the true benefits of joint venture arrangements. As a JV Broker in this situation you come in as an educator, mediator and facilitator between the two or more parties involved. Depending on the resources available to each business, you could also make some extra profits by performing additional work necessary to the venture. For example, assisting with web page design, copywriting and so forth. Bringing these skills to the project can add an extra measure of security to your role as the middleman. Getting Paid You get paid for your time and expertise in hammering out the details of the venture and helping to make it work. For this you take a percentage of the sales so you need to make certain that you know when and how you will get paid. Although most business people are ethical, there's always an outside chance that the businesses you bring together could try to cut you out of the deal once they realize what they're sitting on. It is therefore in your own best interests to ensure that all the details of the deal are laid out in a formal legal agreement. The sort of thing your agreement should include is the respective contributions and expectations of each party involved in the deal, the respective duties and obligations of each in running the enterprise and how and when each of you are to be paid. In other words dot all the i's and cross all the t's of the deal. (You can find Joint Venture Agreement Legal Forms at www.ilrg.com/forms/jointventure.html and numerous other places online, but I would strongly suggest you seek professional legal advice on your early deals). Joint Venture Brokering is a highly versatile business which can be run on a part or full time basis and produce significant profits for those who take the time to learn the necessary skills and apply them. Copyright © 2005, André Anthony Niche Market Know-How Royalty Free Coaching Products. - Keep 100% of the profits by selling your own royalty free coaching products! Type At Home - Converts All Traffic Ez. - www.type-at-home.com/affiliates.html - Stop wasting your time for Tiny Profits! Try it and See for Yourself! Article Index: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 |
More Articles:1. Selling Products Online: What's Your Story? By Stephanie Diamond I know that you’re excited about the products you sell online. But do you communicate that excitement to your customers? Based on the bland product pitches I see everyday in my marketing and design business the answer is clearly no.To sell your product, you need to become a storyteller. In your personal life you apply this principle everyday. You tell friends and loved ones the story of your day and the funny or tragic things that occurred. You need to take that power of storytelling and … 2. Marketing and the Hired Guerrilla By Claire-Jean Korzenewski It’s a jungle out there, so know and use your guerrilla marketing tactics! Jay Conrad Levinson wrote the book that started it all, the popular guerrilla marketing series. He has compiled a list of 100 tactics – most of them fr*ee – that savvy business leaders use.One increasingly popular – and profitable – tactic on Levinson’s list is the informative article. Articles are not ads. Articles are written to inform, to educate, and to help people solve problems. Articles you publish, online or off… 3. Online Sales: How To Use Customer Feedbacks To Generate More Sales By I-key Benney Communication is the engine that powers business.It is an important online sales skill that you must polish until it shines like the sun.And listening and paying attention to your customers can make you understand what they want and help you service them and so make more money.You can learn many things you didn't know about your business by getting valuable feedback from your customers.Your customers may buy your main product just to get the free gifts.Your visitors may think it's to hard to… 4. Five Foolproof Ways to Improve Your Web Site Sales By Vishal P. Rao When you run an online home-based business, your web site is more than simply a company location. It's also your primary source of advertising and marketing. If you've noticed that sales are lagging or if you're simply looking for ideas for a site you're building, the following five tips can help you boost revenue and develop an even more successful web presence.1) Stress Your UPSIn this case, UPS isn't referring to the delivery company. Instead, it stands for Unique Positioning Statement and … |
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