Profiting From Your List With Joint Ventures (JV's) and Affiliate Products
How do lists help you to succeed online? Many people do not realize it, but in fact there are a number of highly viable methods you can make use of in order to profit from your list - so lets go through the two main ones, affiliate marketing and Joint Ventures (JV's).
Promoting affiliate programs
This is a quick, easy way to make a few fast commissions from just a few minutes work, and is by far the most common way to profit from your list.
What you will be doing is going to clickbank, and going to "promote products" in order to look for products related to the niche your list specializes in. Once you do a search and find products related to your niche, just click the "create hoplink" for your own affiliate link.
When looking for products to promote, look for those which offer high commission (75% is good), high selling price (thus making you more per affiliate sale) and a high conversion rate (that is the percentage of website visitors who buy the product). You will also want to promote a good product, and while you don't necessarily have to buy it, what you can do here is go to reputable forums and look to see what people are saying about the product (or search Google).
Once you do this, all you have to do is write a compelling email to your list promoting that product. Use the "useful but incomplete" and "presell, don't presell" marketing methods. In other words, don't hype up the arrangement! Instead, just make your email look like more of a recommendation rather than a full-blown advertisement. There is a lot to learn in order to do this properly, though, which I won't go into here.
Otherwise, if your subscribers feel that you are trying to sell them on a product, they will often automatically unsubscribe.
Taking up Joint Ventures (JV's)
A JV is just like promoting affiliate products, except that in this case the product vendor will generally contact the list holder. From the list owner's point of view, this is a good thing as it saves them the time of having to find an affiliate product to promote themselves.
Now, you may be wondering why some product vendors like to do some JV's rather than just registering an affiliate program - and the answer is that JV's will produce much faster results for some groundbreaking startup. It takes time to get a reasonable number of affiliates promoting your product, whereas with JV's, you will see the returns in less than 12 hours.
Just like affiliate marketing with lists, a JV can be very powerful. If the product features high commission, high selling price and high conversion (see above), then potentially thousands can be made for both the product vendor and the list holder (that's you!). This is, of course, provided that the list is a decent size. However, you will need to look further than this in order to get the most out of your JV, and there are several advanced methods capable of making you a real killing off JV's.
If you are interested in getting JV's for your list, there are in fact several networks where deals like this can happen. The three main ones are:
www.jv-network.com;
www.jvnotifypro.com;
www.jvalert.com
Overall, promoting affiliate products and taking up JV's is where the real money is in lists (this is in fact the origin of the saying "the money is in the list") - there is simply no substitute for them.
Related Tags: articles, writing, ezine, writers, email marketing, email, article submission, publishing, email newsletter
Kelly Holloway is an experienced list marketer who has successfully ran his own large IM related list. For much more information on profiting from your list with JV's and affiliate marketing, be sure to check out KillerListCash for a whole ton of useful free information on profiting from your list.
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