Hey guys, If I had a report, but, with little knowledge about how to market it, but, I wanted to sell it, COULD I do this? 1. Find someone or many with a large marketing list from opt-ins, or other previously sold reports or products. 2. Get them to send an email out to their people that would promote my report to their people. 3. Give them proceeds of the sale. Does anyone ever do this? How hard is it to set up? Would someone be interested? Jeremy
It definitely could be done. It might take some work to find the right person to do it with. One thing I'd advise though... Before you ask them to promote it get a copywriter to write you a good sales page. These potential JVS wouldn't want to promote a product with a crappy sales page. good luck, man
Jeremy, That is exactly how JV's are made Some small tips in getting a few though: 1. Be honest with your partners in what you want and what your offering. Honest goes a long way 2. Make sure you have conversion stats as well as a good funnel 3. Try to offer 100% commissions, you will make your money on the backend products (follow up course, OTO, upsells, downsells, etc...) 4. Do something different to get there attention Call them up on the phone, write them a letter and snail mail it to them, record a video asking for there help, etc.. Get creative! 5. Make it all about them, if your good at writing articles, offer to write a few! Can you design WP themes, mini sites or even graphics? Create them a couple! Do it for free and the bonus could last a life time 6. You need to get on there radar. Become there top affiliate, send them traffic from your blog, write a report promoting them (with your affiliates links) and give it away with an upsell to MRR (so the buyer can further promote them FOR YOU!) Just a few things to think about, I personally try to contact each and every person I notice that promotes or helps me in some way. I have actually had quite a few partnerships come into play by doing just these things, the most important thing to remember though is take action no matter what. Regards, Matthew Roe
Hey guys, Thanks for the response. Hope all is having a good set of Holidays. If I offered this product for $9, what would be a good commission to pay? I am thinking - that I am going to have all the work "done," as far as the sales copy page, the email invite, etc.
Also - how do I go about the mechanics of setting up a website that someoen can download this product? How do I keep track of commissions to pay?
Jeremy, When offering commissions on a low price ticket it is best to give 100% commissions on the product (Given this day and age, it's almost mandatory..). You will find that most JV partners are a little eager to promote the product when offered instant commissions to your product. When offering 100% commissions (and even instant commissions) you make most of your money on the backend products you sell (your oto, upsell, downsell, etc..). As for the mechanics of setting up everything up and keeping track of commissions: All you will do is upload all of your pages to your webhost server and then your product will be deleivered via an affiliate tracking system (clickbank, ejunkie, paydotcom and payspree even). If your interested I could set it up for you as needed. Just let me know, or I can always just help you through this thread. Regards, Matthew Roe
What is the best out of the ones you mentioned? What is the best way to find owners with lists? I was thinking I could keep something, maybe half, of the product cost - I will do ALL the work - design the sales page, the email to send out - everything. I could come up with a service to offer on the back end, but, it'd be a lot of hassle - I wish I could just offer my $10 report, with a 50% commission, and, the JV owner does nothing, yet, earns $5 for each report that I sell. I only need to sell 50,000 reports, and I am good.
I looked at each of the companies you recommended. Some charge $1 each transaction, looks like Clickbank doesn't charge anything, just a set up fee, is that right?
That is right, however, to my knowledge you cannot do a 100% commission on most of those. About the only one I know for sure about doing 100% commissions is payspree, although it is instant commissions, using this model is fairly good in itself (considering you have a good follow up plan) which is a whole other conversation on it's own. When using payspree, you can choose who pay's the transaction fee. If offering 100% commissions your affiliates will pay it. As for the best way to find owners with lists. It's networking, knowing the right people, etc... It's know what you know, and who you know.. But who knows you. Yes, it may be a slight hassle to set up an extra backend offer. But, considering the price point you currently have marked. It will be more of a hassle to collect affiliates, find JV partners, on top of handling all the support among other things/problems that may arise. As for the whole 50,000 report selling. Good luck finding JV partners willing to promote for only 50% commissions on top of having to wait for them to get there money. The best way I have found to attract JV partners and affiliates when offering low ticket items ($1-$17) is by offering 100% instant commissions. Which payspree handles. SO... Here is what it comes down to: A little bit of extra work to set up a backend sequence to make your money from. Or a whole lot of extra work marketing 50,000 reports (nearly) solo. It all comes down to what you want to do. You can put in the extra work needed to build a business, or you can look at making a quick buck from your efforts (which... In reality isin't quick at all considering you will have to promote it solo for the most part.) As for my personal choice, I prefer payspree. It's all a matter of how much effort you want to put forth to build up your business. Regards, Matthew Roe
I had kind of figured that it was lol, however.. My point's I made still stand. By offering a measly $5 commission that your affiliates and partners will have to wait on. You are losing out and making it a lot harder to do things than they really are. Regardless of if you want to achieve 300 affiliate sales, or even 50,000. It will be hard to achieve that many without some kind of incentive for the affiliate and the partner at hand. And I hate to say it but a measly $5 commission that they will have to wait a month or greater to receive is not going to cut it Regards, Matthew Roe
Yes it can be done. A lot of good advice has been given above and I think the most important one is honesty. Honesty builds trust between you and your partners and without trust, it'll be very difficult to have a partnership that works.
Yes, it is a shame. I actually agree with you on that. However, that's how it's done. Yes, you may be the one doing all the work. But they are the ones with the customers, the list, and your future follow up list to mail out to on your own. By all mean's find an alternative route if you would like, God knows I'm no expert on the matter and I don't have all the answers (No sarcasm meant....) There is always alternative methods of doing things. It's just a matter of finding the one that fits your methods and what you feel comfortable doing. In the end, you have the final say it how things are ran and you will have to make the decision. You asked for someone's two cent's though and I gave my own. Good luck, Matthew