Clear business

• So you need to know how!  to make money, and fast by perfectly legal means, but haven’t got the time to do a second or even a third job, you have no money to start up a business – that is if you have any business ideas at all – I suggest you have a close and serious look at Joint Ventures and Affiliates

Joint Ventures (at no cost to you) 

Affiliates (at no cost to you) 

What if you don’t have your own product, services or customer base?
Find products and services that would easily sell to someone else’s customer base

• Help both of them to get together and take a piece of the profits
  
  
  1. Call people with products or services you have chosen (another good way of doing it is by placing small ads or applying both methods to increase your chances)
  2. Explain to your   potential Joint Venture partners how  joint ventures work
  3. Do you due diligence by investigating both the company with the products/services and the company with the customer base. (This is to make  sure you have got a great match)
  4. Convince both of them to sign a Non Disclosure Agreement and the Joint Venture Agreement. Without these agreements you have wasted your time and are not going to see a penny for your efforts. (if they refuse to sign these walk away and find other partners who are willing to sign)  

 So what percentage of the profits should you take for putting together these Joint Venture Deals?

The standard fee for a broker is 10%, but if you can push for more go for it.   A word of caution – Don’t be greedy otherwise the whole deal will be in jeopardy.  All you did is put these two together, you do not do any ongoing work after that, except you make sure you get your money. 

How to do Joint Venture deals On Line

Start with people you know.

1. Who do you know that your partner has customers that could benefit from your product/services?
2. Who do you know that products and services that could benefit your customers?
3. Go On Line to find “Cold Joint Venture Prospects”.  One I can recommend is http://rocketstart.com/Adjei .  Think about the market you are going after
   
   
   1. What keywords and phrases would be contained in those prospective markets
   2. Make a list of your keywords and phrases and start putting them in “Google” “MSN” and “Yahoo” to see what happens
   3. Take a look at the top 15-20 sites and do your research – find out what they are selling and how they are marketing them.
   4. Contact the owner of the site.  Most owners list their contact details at the bottom of the page or have a contact us page.
   5. If your potential joint venture partner sells something that would benefit you, buy it and use it or sell it on.  This gives you the opportunity to determine whether the goods/services are the quality you are looking for and if they would be good for your customers.

How it works: 

When you sign up to become an affiliate for a company, you receive a special link with your own unique affiliate ID embedded into it to promote that company’s products/services. Simply add your new affiliate link to your website or in your emails, newsletter or anywhere you want to promote the products and services. Then when people use your link to get to the other company’s website and buy a product or service from them, you earn a commission. 

You benefit from the commission earned and the affiliate company benefits from sales it would not have otherwise made without your promotional efforts.

How to join an Affiliate Programme

Joining an affiliate is the quickest, easiest, risk free way of starting to make money online if you haven’t got your own product or service, money or experience in trading online.

 As with any marketing venture, you need to be careful in the selection of an affiliate program.

The benefit of an affiliate programme is that it gives you another way to make money from your website visitors or from your other means of promotion. Instead of selling the visitors a product yourself, you send them to a partner and take a cut.

 The key to success is to choose the right programme, right from the beginning.

 A lot of commercial sites run affiliate programmes and that’s because they know that they only have to pay a commission if a sale is actually made; it’s a proven way to generate revenue without risk.

 What that means for you is that when it comes to choosing an affiliate programme, you’re going to have a huge range to choose from and what it all boils down to though is product and price.

 While it might be tempting to go for the programme that pays the highest commissions, the program won’t pay you a penny if your visitors won’t go there or won’t buy once they get there. You have to be certain that the service you’re promoting is of genuine interest to the kind of visitors you get to your website or mail your promotions to.

 Though some of the companies whose product you will be promoting give you a free website from which to promote their goods (you have no control over these websites because it is not you property and you cannot promote any other product not relating to their company), for best results and independence it is advisable to create a small site independent of the companies whose product you are promoting in addition to the free sites, and use this to promote all your affiliate programmes.

 Research for the most popular sites, and negotiate banner campaigns and link exchanges.

 But it’s much easier to find an affiliate program operating in a field you’re familiar with, and use that programme to earn extra cash.

 The most lucrative affiliates are:

 those with monthly subscriptions because each month the customers who bought the subscriptions pay their fee you gat commissions on each one of them

• Those with repeat buys like health supplements, gym membership, beauty products and a whole host of others
• Fast selling products  

 Selecting an affiliate programme that is lucrative and right for you:

•  Don’t accept less than 40% commission. You can find affiliate programmes with great payment structures and high percentages of the purchase price in just about every field. In fact, many affiliate programmes pay out 50%-80% depending on the type of product or service.

 Look for affiliate programmes that have the following characteristics:

•  Commissions’ payable weekly or fortnightly – (monthly is not too bad but any period of more than I month is too long to have your commission locked up somewhere else in my opinion)
• Pays out over 50% of revenues back in commissions
• Operates in several countries and it is a 24/7 business
• You can participate FREE for as long as you want, with no obligation
•  Look for programmes that offer a wide variety of promotional tools to put on your web page, including text links, banners, articles, brandable e-books, etc.
• Opportunity for you to share in company-wide sales/commissions every month
• Can earn ongoing, residual income from one-time sales
• Your own personalized Website provided free (with free maintenance)
• Personal mentors provided for free personal support
• Company handles all orders –payment, shipping, customer service for you
• Can create substantial income giving away free stuff
• Marketable in every country worldwide (make money everywhere!)
• Good reputation and track record in on line trading
• Extensive free training & resources to help you get started fast
• Potential to earn huge amounts per annum
• Support available 24-hours-a-day, 7-days-a-week
• Can earn unlimited override commissions on unlimited levels
• Products available/shippable worldwide
• Tools provided for easy and free contact with your entire sales team
• Can market virtually ANY product or service in the world
• You can market on or off line with their extensive marketing tools
• Has their own private-labelled products
• Simple, easy-to-understand compensation plan  

 Managing and Tracking Your Affiliate Programmes

 The key to any business is to promote your products and services to people who need them. Your affiliate business is no different. In order to earn commissions you must put your products in front of the people who need them. The beauty of marketing affiliate programmes is that anybody can do it and be very successful at doing it.   There are no barriers and there is good money to be made if you have the right focus and attitude for making money and a good marketing strategy.

 Staying Organized

 There are many software programs available on the Internet that organize and keep track of all data associated with affiliate programs.  These programmes maintain databases to do with information about all your affiliate programmes such as: Programme Name, Date joined or created, Contact Name, URL, Email Address, ID, Password, 1st Tier Percent, 1st Tier Sale, 2nd Tier Percent, 2nd Tier Sale, Total Income and additional comments.

 The best affiliate programmes will provide these detailed statistics for you at no extra charge.

 Wishing you a successful venture

 A Boadu

 smallbusinesshelp@googlemail.com

Article Source: ArticlesBase.com - Dummies Tips to the Fastest, Easiest and Risk Free Strategy to Making Money on and Off Line Without Having Your Own Products and Services to Sell