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Discover the power of humor in closing sales! Leverage joint ventures to piggyback off established vendors and boost your product's success. Capture customer emails and offer upgrades to motivate partners and drive sales.
Learn Why Humor Can Be a Great Tool for Closing Sales!
If you have a product but are relatively unknown, it can be challenging to attract attention to your website or product. However, what if you knew someone with an established sales funnel, complete with customers and sales? By leveraging their success, you could significantly improve your own sales. This is where joint ventures come into play.
Reach out to well-known product vendors and offer them the chance to sell your product. In return, you provide them with a high percentage of the profits, sometimes even 100% of the initial profits. Why agree to such an arrangement?
There are several reasons. Firstly, you capture customer emails during the sale, adding them to your list. The partner handles all the selling, advertising, and promotions, leaving you to ensure your sales page converts well. In some cases, a good joint venture partner might even take care of that for you.
Secondly, you have the opportunity to offer upgrades or cross-sells. While these can be annoying to customers, they are highly effective. Otherwise, marketers wouldn't focus on them. In these instances, the partner's percentage of the extra sales is smaller.
Some sellers choose to keep 100% of the extra sales, but offering your partners a portion can motivate them to sell even more. If your initial product is priced very low, partners might be reluctant to enter into a partnership. Sharing a percentage of the additional sales can seal the deal.
