Tips On How To Utilize "MLM Joint Ventures" And Cross Campaigns To EXPLODE Your Company
Courtesy of the marketing and advertising industry, my two most desired words in business are JOINT VENTURES. This is when two different corporations partner up to help each other enhance their business.
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In the advertising field as example, if I have an internet site that is generating a certain amount of traffic to a certain demographic or target market, it now becomes an asset that has a particular value that can be used as power to negotiate cross advertisings or joint ventures deals.
But how do you do this sort of business with your MLM? Looking through this blog post could put some significant cash flow into your jeans.
How To Use MLM Joint Ventures To EXPLODE Your Business
Join Ventures - my favorite two words in business! And if they are done efficiently they can mean some BIG $$$$ - OR some BIG promotion for your business. But how do you approach doing them?
When it comes to doing joint ventures and cross campaigns, its essential for you to be running your MLM business similar to a real business. What do I mean by that? Well, most conventional businesses have websites that they drive traffic to, vehicles that they promote on, business cards that they give, brochures that they give out, trade shows or events that they attend etc.
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Almost every conventional business plans a certain amount of marketing and advertising dollars each month to help promote their business. Local businesses love to get more exposure and if presented properly, they will get involved with these type of promotions.
Here is an example of how I have made use of MLM Joint Ventures and cross promotions to blow up my MLM. A group of my leaders all met and decided to host an exclusive and private V.I.P business opportunity showcase and networking event.
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We made it the grand opening launchpad for our MLM in that city. But when we did start to add up what it was going to cost, we were shocked! Between the cost of the room, stand up banners, decorations, printing, small catering...
We Were Dealing With a Bill of Over $4500!
Say what? $4500! Are we serious we thought? Who's gonna settle the bill for $4500? So we set out on a path to create a joint venture/cross promotion event while at the same time promoting our MLM.
Here's how it happened...
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The event was referred to as SUMMER LOVIN' BUSINESS OPPORTUNITY SHOWCASE. We made it an upbeat high-end business after business networking event. We held it at a 4 1/2 diamond hotel that had lots of parking that was easily accessible to all suburbs of the main city in Vancouver.
We took the whole floor of the convention center with a social area, for appetizers and product sampling with a presentation room where the event went on. We allocated specific areas of the room for local companies to showcase their offerings around the back of the room surface.
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Each company received space at the event, 7 tickets to the event, logo projection and their logo displayed on all posters and postcards. The energy was ultra high and everyone left with more product samples in a carry bag with a host of other gifts as well. We enrolled about 20 new members that night and in the days to follow after the event. Total expense for the event was ZERO - NADA- NOTHING - actually we profited by $200.
Treat your business like an actual business it will pay you like a business! Use MLM Joint Ventures to explode your business. For this and more innovative marketing strategies, Google Darren Little - MLM Superhero.
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