You’ve probably heard the term “joint ventures” but for some reason, haven’t really utilised this strategy in your business – or at least, not to the extent that you could...
Joint ventures, when set up correctly, can help you multiply your profits for very little (and often, zero) upfront cost!
Here are the three steps you need to follow to get started:
- Determine the qualities, characteristics, demographics and geographics of your ideal customers.
- Create a list of all companies who are already dealing with those ideal customers. What products are they already buying? What services are they using? Who’s already spent money to generate those customers?
- Come up with a win-win offer you can take to those companies to get access to their list.
If you’d like some help with implementing this in your business, give us a call at 1300 680 223. We can help.