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Financial Services Marketing Insights: A Marketing Compass
What we now call “marketing” began long before the name was coined. In the mid-1800s, traveling salesmen dressed “snake oil" and other tonics in fancy packaging and extolled their virtues to a gullible public. New marketing applications soon...
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Let's continue to discuss the various marketing principles that are involved in "popcorn marketing": 2. Utilizing (and Creating) the Right 'Frame of Mind' Having popcorn on it's own may not mean much to people, but having it while enjoying a movie...
Niche Marketing Destroyed!
You are free to use this article in any format without restrictions except the resource-box at the end MUST be included. Please use a live link if possible :-) Also availaible in HTML at: http://www.netpreneurnow.com/articles/nichedestroyed.html...
Non-Stop Marketing Machine
What is the best way to market your company? How can you generate more sales? Use these ideas to develop your company's most effective sales tool, your web site. Company Information: Provide information about your company and products - List your...
The Importance of Business Marketing
Business marketing is one of the most important parts that your business needs to be addressed with careful attention and proactive thoughts. In last decade or so, the importance of business marketing has increased volcanically, as the advent of...
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"Examples In Joint Venture Marketing"
"Examples in Joint Venture Marketing" by GL Foltz
Do you take advantage of joint ventures? If not, you're leaving a very powerful tool on the table.
Joint ventures are partnerships formed for the purpose of the mutual benefit of all parties involved. Joint venture marketing can involve advertising but not *only* that. It isn't just barter, it's much more than quid pro quo.
Joint venture marketing is sharing ideas, innovation and complimentary resources and products.
Joint venture marketing isn't confined only to network marketing... (though for network and multi-level marketing to be legitimate, the concept of 'joint venture' must be central or someone in the partnership isn't pulling their weight.) Joint venture is all about creating opportunity and success. It is mutual support. A joint venture is greater than the sum of it's parts... which is what makes it such a powerful tool.
A business may struggle to succeed not because of what it does well... the struggle might be a result of what it lacks.
For instance, Charlotte Advertser may excel at getting the word out about her product or service, but she might have trouble managing customer relationships. In this example, Charlotte's business might have a long string of one-time sales -- but no repeat customers to get her business established.
Charlotte must immediately either learn CRM (Customer Relationship Management) or find someone like Chuck Followup who's advertising skills aren't on the par of Charlotte's; but who is awesome at creating lasting bonds with an existing customer. Another plus for such a possible partnership between the two businesses would be if their businesses compliment each other.
That's one example of how a joint venture opportunity might present itself. The possiblities are infinite.. limited only by your imagination and creativity.
Take the case of Dave Coder. He eats, sleeps and breathes web programming. He has done well with his web design business, but has reached a plateau in acquiring new customers because of the fierce competition in his field. One day he meets Joseph Upline who has been trying to find ways to help his downline to recruit effectively. Dave suggests that a custom info request form would be an inexpensive and useful
way for Joseph's downline members to get more leads. Inspired; Joseph and Dave work out an agreement where Dave offers his service to Joseph's down-line for their websites. Dave and Joseph have now both addressed their individual problems together... Dave has the new customers he was looking for and Joseph has provided a way to get leads for a much more active downline.
Joint ventures don't have to be limited to just two partners.
Beth Artistic, a luggage supplier, met Glenn Phraseturner, a vacation planner. Beth and Glenn realized that they each had businesses that compliment each other. The two were discussing a simple cross-advertising venture: Beth offering her products to Glenn's vacation clients and vice versa.
Enter Anne Golfpro (who happens to also sell a custom golfball line on the side.) Anne has an online forum for her very large niche clientelle (mostly clients [and their contacts] from the private golf club where she serves as the club pro.) But Anne's website doesn't generate much new business for her golfball line.
Beth and Glenn offered their webdesign and copywriting skills and in exchange Anne allowed them to market to her high number of clients and forum visitors.
1.) Luggage, vacations and golf complement each other,
2.) Anne gets a hugely effective website design to boost her sales, *and* is able to offer her clients some value-added offers from Beth and Glenn,
3.) Beth, Glenn and Anne share advertising to each other's client database!
Creativity, innovation and opportunity are only as far away as your next contact and are just a few of the benefits of joint venture marketing.
=============================== **Special Offer For Readers Of This Fine Publication... Get Free Advertising -Only- at http://www.123target.com/publication.html For our AOL Friends: www.123target.com/publication.html ===============================
About the Author
GL Foltz, (11 years in the field of sales and marketing), has helped entrepreneurs succeed in their marketing and advertising goals through online and offline media with creative common sense. He specializes in comprehensive, long term market planning for the affiliate and individual entrepreneurs.
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KnowThis: For Marketing, Market Research, Internet Marketing ... |
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Find the latest Advertising, Marketing, Media and PR news from Brand Republic, the online resource for up to the minute advertising and marketing news and ... |
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Marketing Magazine - Marketing News - Brand Republic |
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Promote your business with today's most effective online advertising technology, contextual advertising at a cost effective metric of CPC, PPC, CPM or CPV. |
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Adapted from Field Guide to Nonprofit Program Design, Marketing and Evaluation ... Inbound Marketing Includes Market Research to Find Out: ... |
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Pages tagged with "marketing" on del.icio.us |
USA Network Announces a NASHVILLE STAR Marketing Partnership With ... - Yahoo! ... Direct Marketing Association: Telephone, Mail & Internet Marketing ... |
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ClickZ Internet Marketing Solutions for Marketers |
Includes columns with commentary and analysis on a wide variety of internet marketing subjects ranging from B2B marketing to search engine marketing. |
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Direct Marketing Association: Telephone, Mail & Internet Marketing |
Trade association for users and suppliers in the direct, database and interactive marketing fields, offering seminars and resources, and lobbying for ... |
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