Comments on: Competition Vs. Joint Venture

By: PD

PD — Fri, 28 Aug 2009 00:02:01 +0000

Yes, joint ventures are a great way to take advantage of economies of scale and reach a whole new level of growth. But, (and i see this happen all too much with people trying to do these joint ventures) is that you must bring something to the table. Too many times you see one internet marketer with no list or anything else of substance, go to a high level marketer with vast experience and ask that high level marketer to market his “product” for him. It doesn’t work that way, but most guru’s teach people to do it that way. You need to earn your stripes before you seek joint ventures so you have something to offer.

By: Article Spinning

Article Spinning — Tue, 06 Jan 2009 04:50:11 +0000

I agree with you, Marcus. Why engage in breakneck competition when both parties can happily make more money when they unite in a profitable Joint Venture. That’s very true but the big problem is that most people don’t understand that there’s profit in a good joint venture for both parties, so they turn such opportunities down because they fear that they will lose customers to the other party. Well said, once again, Marcus… thanks for sharing.

By: Wayne

Wayne — Wed, 17 Dec 2008 19:06:14 +0000

I agree with you 100% no dought but when you are in the early stages of your business you do’nt have anything to contribute i.e no product and no list and most of all no identity but having said that being a business owner in the offline world as well i always work and get on well with my competiters.

By: George | The Hardware Repair Guy

George | The Hardware Repair Guy — Fri, 05 Dec 2008 20:27:02 +0000

I assume that the joint venture is a business of two or more companies, each of which have something to offer. If you’re a starter and have nothing to offer, you won’t be taken seriously because the startup capital, whether monetary or intellectual, is needed.

But in general I agree with the idea. The big companies are merging, why not the small ones? The main thing here is always to be and to behave as a professional and solve all the differences in productive discussions, not fights.

By: Carleton Sheets

Carleton Sheets — Tue, 28 Oct 2008 19:42:08 +0000

I think that this is one of the biggest mistakes that people make. Most people look at the other sites in their niche as “competitors” – when, in reality, they should see many potential joint venture partners. That is what I have done in my own business. And, it has worked extremely well.

By: Star

Star — Thu, 18 Sep 2008 12:59:26 +0000

Joint ventures are great I am able to provide articles for your site or placement of your article/post on my site. I f you or anyone would be interested let me know also possible blog roll swap or ad swap I have a internet marketing niche list of 500 and growing.

By: Marcus Hochstadt

Marcus Hochstadt — Thu, 10 Jul 2008 14:00:25 +0000

I found out that joint ventures are a win-win-win situation more often that I thought it would be. And up to now, there was no formal contract necessary yet. After all, if something goes wrong the first time, that was also the last time. ;-)

~Marcus

By: Finding Your Profitable Market

Finding Your Profitable Market — Thu, 10 Jul 2008 13:52:37 +0000

[...] About Marcus ← Competition Vs. Joint Venture [...]

By: Andrew. Fredericksburg Attorney.

Andrew. Fredericksburg Attorney. — Wed, 09 Jul 2008 03:40:13 +0000

The big danger in joint ventures is that things could go sour. What then? Even if the partnership is rosy and cordial in the beginning, business can turn quickly in unexpected ways. That’s why having solid agreements in place ahead of time is important. Putting things in writing up front can save a huge fight at the tail end of a joint venture.

By: chodirin

chodirin — Tue, 08 Jul 2008 12:31:05 +0000

actually, i like joint venture. but i have nothing to share. :)

By: Josh

Josh — Tue, 08 Jul 2008 12:24:15 +0000

I have been doing this at Vacation Ranking. Giving freelance journalists, retired travelers, and area specific travel websites/blogs an opportunity to have their work published on my site. I link their pages back to their website or offer to put business contact info at the end of their articles.

Everything started out great getting 10 sign ups in a week. I’m trying to learn html code and such so I have been working very hard at getting things to flow just right.

I built many “About Me” pages for some of these sign ups and there were emails back and forth…. All but 3 have followed through with anything. So I just changed the Application form to say write an “About Me” and “Your First Review” in the box provided.

On the brighter side I spent many hours messing with tweaking and changing things on the website so I did learn some things during that process.

I have also found some new friends/partners on the net. I provide a chance for them to leave some of their business cards so to say, they provide me with articles that will one day help a reader at my site.

Link Exchange on Steroids I like to say.

Good article and good luck to you,

Josh

By: BSA

BSA — Tue, 08 Jul 2008 10:56:46 +0000

Its funny. I approached a competitor about 9 months ago about us setting up a JV. We both served the same target market, but brought two distinctly different skill sets. And this was at a time that he was really struggling. He was cordial, but refused my offer. We’re still facing somewhat of a tug-o-war for customers in a very tight market and suffering for it.

It seems to me that Internet Marketers in general are very individualistic and proud. Your not likely to see very many JVs. More big fish, little fish, same old same.