Archive for October, 2008

Joint Venture Marketing: Creating a Mutually Beneficial Contract

Friday, October 31st, 2008

When embarking on a new joint venture marketing partnership, there are a variety of forms your partnership can take. Some small businesses that are newer or just starting out often prefer a more informal agreement - something along the lines of mutual and equal advertising space on one another’s websites.

However, even an informal agreement will require a contract of some sort to protect both parties and to be certain that all participating achieve their goals, and that everyone is held to equal standards. Putting a contract in place is also important so that each party knows what to expect.

For a simple contract, the involvement of an attorney is quite minimal, if necessary at all. There are a variety of websites that inform how to write your own legally binding contracts, and plenty that offer downloadable generic contracts that are flexible and applicable to a variety of cases, as well as being legally binding.

A More Formal Contract

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Strategic Alliances For Supply Chain Success

Friday, October 31st, 2008

There has always been and will be conflict in the supply chain, no matter what industry is in question. That, I believe, will continue to be true. More times than I can remember, I have presented my keynote presentation titled, The New Era of Manufacturer/Distributor Cooperation at either manufacturing or distribution association meetings.

While doing some research concerning this issue, the partners are satysfied with the level of good communication between them. Unfortunately, that rarely proves to be the case. All supply chain partners can improve with a collaborative relationship and communication.

In building an effective collaborative relationship with your supply chain partner the one thing that will help you the most to improve communication is your ability to understand the value your supply chain partner needs to receive from the relationship. One good example of this is that a procurement department can be in position to believe that a supply partner could lower the price in such way that they can not make any profit. And that is just ridiculous.

Your partner will see you as a great resources and a partner of trust and value if you make an effort to understand what kind of value your partner needs and help him to receive that value, which will improve the communication. I am not suggesting that you give away the bank, but rather only put your energies into activities, services, and so forth that delivers the value to your supply partner that they want.

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Joint Venture Marketing: Your Marketing Solution for a Recession

Thursday, October 30th, 2008

The economic turmoil that has unfolded in recent weeks has begun to trickle down to the consumer arena. In difficult economic times, people hold onto their money, reserving it for essentials.  If you run a small business, you have less revenue turnover than your larger counterparts, and you are likely to feel an economic pinch more quickly than larger competitors.

Developing a joint venture marketing strategy with one or more businesses is a great way to gain market exposure and visibility, as well as reach out to new potential clients, even during difficult economic times. This type marketing partnership is a savvy move to make because it can be a way to gain exposure without putting forth any capital.

Chances are that an economic downturn is not the time you want to be pumping large amounts of money into a new marketing campaign. But to maintain your current clients, which is your company’s bread and butter - and to attract new customers, which is your company’s future - marketing is necessary. A joint venture marketing strategy can be profitable without sinking into your profit margin, effective even during economic difficulties.

Shared Client Lists

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Market Your Business Using XSitePro 2

Thursday, October 30th, 2008

XSitePro 2.0 enables you to build incredible websites.  Also, the extensive template selections make sure that your website looks great.  But, what’s the point of creating a website like that if nobody will see it?  Well, don’t worry, because the makers of XSite Pro thought of this.  That’s why they’ve provided an expansive suite of features designed to help you get your site noticed.

Increase Your Google Rating

Google has become one of the premier search engines in the world, and those websites that are listed at the beginning of a search are far more likely to be clicked on than the websites listed on later pages.  The last time you did a Google search, did you click on a site in the first two or three pages, or a site on the thirtieth?  So, increasing your rank on a Google search of the subject your site focuses on is a smart way to increase the number of visitors who view your site.  X Site Pro helps you to create an XML Google Sitemap using a simple tool.  This sitemap can then be submitted directly to Google to ensure that every page of your site is accounted for and indexed by Google′s search engine.

The Power of Siloing

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Attention Grabbing Headlines

Wednesday, October 29th, 2008

The headline is without doubt the most important factor in most advertising.

Likewise, it is also the most important factor of any selling message “live or recorded, in person or by phone, audio or video″ your company ever uses.

It is the opening sentence or paragraph you use in any sales letter or written communication you ever send out to customers, prospects, suppliers or staff. It’s the first words you or your sales people utter, when they engage anyone in a sales presentation or one-on-one discussion.

Likewise, the “headline,” or its “equivalent,” are the first phrases you begin your conversation with when a customer or prospect comes in or calls in. It is also the first words you say when making an advertisment or when meeting people at trade show events.

The key purpose of a headline is to grab your prospect’s ATTENTION. When I say your prospect, I mean that your headline must direct precisely whom you want to reach your target market. For example, if you want to reach homeowners, put the word “homeowners” in the headline.

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How to Find New Deals at eBay

Wednesday, October 29th, 2008

Everyone loves a great deal! Many people spend quite a bit of time searching for good deals on the items that they want and need – and when they find those deals, they experience a certain amount of satisfaction. These people typically haunt garage sales, stores that are holding sales, wholesale warehouses, flea markets, and especially online
and offline auctions. With the incredible number of auctions that are constantly going on at eBay, it can be difficult to find the items you want, at the price you want to pay. But it isn’t impossible to find great deals!

There are steps you can take to ensure that you are getting a great deal on the items you purchase through eBay. In fact, these same steps will also help to protect you against fraud. Participating in online auctions is a great deal of fun, but you must use caution as well. This caution entails doing your research before you place any bids.

Start with the auction in question. Make sure that you read every word of the description and the auction details. You can never have too much information – especially if that information is about an individual that you may be doing business with. Pay special attention to what the description and auction details do not say. For instance, is a guarantee mentioned? Is the item new? Is it authentic? Is there proof of authenticity? Look for auctions that provide the right information – and the right amount of information. Avoid those that do not.

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Your Business Card the Silent Partner

Tuesday, October 28th, 2008

Cheap Business cards have been around in one form or another for a long time and are commonly found in business circles. The humble business card started out as trade cards and was also used as a type of early advertising and commonly included a map to with directions to the merchant’s store. Today business card is something that every business has on hand, as it is an important marketing source.

Your card is a powerful tool. Your business cards needs to be designed in such a way as to provide your name, address, contact numbers and list the services you provide in a well designed eye catching way.

If you are planning on including a photo on your card, then the use of glossy paper to print your card on is recommended as this ensures once it is printed, the card looks as good it did when you designed it on the computer. If you yourself are disappointed with the end result how can you expect your clients to react.

Something worth remebering when designing a card with background colour or images is to make sure that all images and text is off the edge of the card. Or that the paper you use have gaps between them, this will make up for the unavoidable elusiveness printer paper system. But be warned a printer imprecision’s can destroy you business card and you will have to start from the beginning again.

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Five Explosive Reasons to Use an Affiliate Link Cloaker

Monday, October 27th, 2008

A link cloaker, or an affiliate link cloaker as it is also known, is a way to hide your affiliate links so that they look like they are going to a different destination than they actually are. This may sound a bit crafty, or even perhaps dishonest, but in truth, links are cloaked for very positive reasons.

At this point, let me just clarify that this is nothing to do with Search Engine Optimization or tricking the search engines. This is something that is used almost exclusively for affiliate marketing.

In simple language, what a link cloaker does is that someone ends up going to a different place than the link first indicates to them.

But that does sound a bit negative, so let me clarify by giving you Five Explosive Reasons to use a Link Cloaker:

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Joint Venture Marketing: Exchanging Expertise to Build Your Relationships

Monday, October 27th, 2008

A joint venture marketing partnership can be an extremely successful way to raise awareness for your business, as well as gaining new clients that will help further your business. Once you decide that a joint venture partnership is what you want to pursue, there are several ways to go about developing this plan. There are several fundamental considerations to undertake before you get started with your new partnerships.

Develop Sound Business Practices

The mundane day-to-day activities that are vital to the success of a business are not the sexy and fun aspects that most people want to consider when thinking about undertaking a new partnership, but these banal activities are often the keys to a successful business.

For instance, you should already have sound accounting practices in place, as should your potential marketing partners. If you have a better stronghold and establishment in terms of accounting essentials than your prospective partner does, this may ultimately hurt your business.

However, part of the goal in your new partnerships is to learn from the areas of expertise that your business partner possesses, and vice versa. The aim of any partnership is to learn and grow from the expertise of your partners, and to help inform one another’s business decisions.

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Joint Venture Marketing: Gaining New Business from Shared Client Lists

Sunday, October 26th, 2008

Joint venture marketing is a highly successful strategy for attracting new prospective clients while learning how to expand your network of professional contacts. One of the secrets of a successful Internet business is to develop and maintain a strong and loyal customer base, while you continue to gain new client contacts and gain new business. This is a tricky balance to maintain - it takes a lot of time and energy to maintain loyal customers and continue to develop stronger relationships, while you put energy and resources into expanding your client base.

Owning a small business, particularly one that isn’t heavily staffed, can take a lot of personal energy as well as time. Many Internet business owners, particularly when just starting out, are running the business by themselves and do not have the time to both develop new business and maintain strong contacts with their existing customers.

Loyal and Repeat Customers

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