Monday, May 4, 2009

The Five Most Common Joint Venture Marketing Mistakes To Avoid

Joint Venture marketing has become a highly popular way for small businesses 1967 Topps baseball cards maximize their profits. When two or more businesses combine their resources synergistically, it creates greater marketing impact and bigger profits than either can have alone.

Doing joint ventures has many benefits, but there are also many mistakes that can be made. These mistakes can be costly, not only in revenue, but in credibility with your client base.

These are not cancer car donation only joint venture marketing mistakes made by small businesses, but as these are the most common, avoiding or correcting them will certainly put you on the right path.

Here are the five most common mistakes to avoid:

1. Not taking the time to ensure that your partner has great-quality products and services and a solid reputation.

When you choose a partner, it is imperative to choose one that has high-quality products and services as well as a good reputation within the industry. Sometimes, a company may look better on the surface than it really is. Your credibility is at stake if you partner up with a company that has sub-standard products and services or one that is popular for bad customer service. Do your research about your potential joint venture partners and review their products and services before endorsing them as these issues will reflect on you and your business!

2. Offering your partner too small of a deal

There has to be an incentive for your partner to engage with you, and offering too small of a deal wont make it worth their time and effort. Remember that endorsers with a large, targeted and loyal client base are the most wanted joint venture partners. Theyll partner with others if you offer a percentage of the profits thats too low. So make this mental note... if they are worth pursuing, they are worth sharing the profits with.

3. Simply handing over your client list

This can constitute breach of contract with your clients if you have committed to their privacy. Youve also worked very hard to W S Kimball Champions your client list, and this forms part of the value you have to contribute to the joint venture relationship. If you simply hand over your client list, you have no point of leverage.

4. Not devising an exit strategy

Even the best of relationships can go sour, or simply not work. Make sure you have an open door to leave the joint venture if for any reason it is not working out.

5. Committing to a long term relationship from the beginning, without testing your strategy first

Any joint venture should involve a trial period to see if profits will show a real upwards trend, or if the idea is a valid one. If you sign a long term contract, you may be stuck in a no-win situation with no way to escape. As with any marketing strategy, test in small numbers first, before rolling out fully.

Joint Venture marketing is very lucrative, and with some forethought and planning, can help springboard your business to new success levels. Just make sure to do your homework right from the start, and avoid these pitfalls to ensure high returns on your investment of time, money and effort.

Copyright 2005 by Habiba Abubakar and Emprez. All rights reserved.

Note: You are welcome to republish this article as long as the resource box at the end is included fully and unaltered.

Habiba Abubakar, a.k.a. The Profit Diva, specializes in helping small business owners who are struggling to increase their client base and are tired of earning mediocre profits. The tips in this article have been excerpted from her home-study program, "Joint Venture Profits For Small Business Owners"

To learn more about this step-by-step program, and to sign up FREE for her revealing Kubrick toys eCourse, "The Easiest Way To Skyrocket Your Profits In 90 Days Or Less," visit donate a car href="profitdiva.com">profitdiva.com

Get Cheaper Home Insurance Quotes No Matter Where You Live

The Internet offers home owners a new way Dark Shadows books shop for home insurance. You don't have to be stuck to the same insurance company that Charlie's Angels have used for years because you don't have time to visit different insurance agents to check the rates they charge.

You can enjoy shopping for insurance from your home computer and request free quotes from as many insurance providers as you wish. Experts will tell you that in order to do a good comparison of the rates, you should request three or more quotes and then sit back and compare them.

When you request multiple home insurance quotes, it is imperative that you provide the same information to each provider to ensure that you are getting Littlechap for the same things. Although the bottom line in helping you decide which of the home insurance quotes you accept is the price, this is not the only factor you should consider in the comparison.

Before you start shopping for online home insurance quotes, you do need to make a list of what you need to have in insurance coverage for your home, personal belongings and your outbuildings. You have to look at the cost of replacing your home at today's rates when considering the coverage you should have.

This may be a lot more than it cost you to build the home or the amount you paid in the purchase price. If you are in any doubt Ouija board a builder to find out what it would cost to rebuild and use this figure as a guide in helping you get the coverage you need in a home insurance quote.

If you have a pool, you may need to consider extra coverage in the rel="nofollow" cheap-insurance-rates.com/home/tucson.cfm">home insurance quote you request to cover damages to the pool and liability coverage for any guests who may be injured in or around the pool. Take stick of your valuables because while your personal belongings are part of the coverage equal to half of the coverage of your home, the quote will not include coverage for car donation charity expensive artwork or jewelry. You will need to have extra insurance on these items.

The amount of deductible you choose will affect the cost of homeowner insurance quotes. Choosing a higher deductible means you will get a lower premium. In each of the home insurance quotes you request, make sure you choose the same level of deductible for each one in order to do an accurate comparison.

Water damage from inside the home, such as from broken water pipes, is standard coverage in home insurance policies. However, damage sustained from outside sources, such as a river close to your home overflowing its banks, is not part of a standard home insurance quote. If you need this extra coverage, you will have to specify this in your request.

When you finalize the home owner insurance comparison and narrow down your choice to one or two insurance companies, check out these companies before you make your purchase. Check the rating of the companies to make sure they are solvent. Another important factor to consider is the customer service the company provides.

Check customer reviews to see if there have been complaints against the company and to see how long it will take you to get results if you do have to submit a claim. If you are satisfied with all the information, then you can conveniently purchase the policy online without having to leave home or take time off work to do so.

Sarah Martin is a freelance marketing writer from the San Diego area. She specializes in financial planning, business, and the best way to get home insurance quotes. For a free home owner insurance comparison, please visit cheap-insurance-rates.com/cheap-insurance-rates.com/ for more information