Structuring a 'Profit-Pulling' Joint Venture Deal

By David Hennebery

Firstly a joint venture is when two people work on a project together for a set period of time. This is a critical stage in the internet marketing strategy process Joint ventures can help you in a number of ways such as beating your competition, saving time and money, increasing your profits, getting many referrals, and much more. The following are ten online joint venture ideas:

1. The basic joint venture would be exchanging text links or banners with other related web sites

2. Sharing a website. Both parties will be marketing and advertising the same web site which means twice as much traffic.

3. Combine both products into one with another business into one big package. Then split the profit 50/50

4. Exchange testimonials or endorsements for each others products or services.

5. Offer your product as a free bonus to another businesses or product. In exchange ask for a small portion of the profits.

6. Offer to insert a promotional ad for another business into your product package. Just ask them in return to do the same for your business.