In the last lesson we left off where I told you how you find great Web sites to endorse your products.

Now it's starting to get exciting. Let's continue and I'll show you exactly how Mike made $9,030 in his first Joint Venture!

Here goes...

Profit-Lesson #6:
"How Mike Made $9,030 For A Fun Days Work!"

Instead of just giving you a hypothetical example, I'm going to tell you about an actual real joint venture deal that a guy named Mike recently did. Unfortunately I can't reveal the Web sites to you, because he will continue to work with these two sites in the future.

He used the exact same principles that's fully explained in my guide.

Now here's what Mike did...

Mike simply located and matched up a couple of suitable, non-competing Web sites that sell to the "pet" market. These sites quickly realized the benefits of a joint venture and were willing to e-mail their own customers each other's offer.

He also negotiated a 50% commission as his fee for helping them set it up. This is pretty reasonable as you will soon realize.

In what I call a "Grand Slam" joint venture (I explained this in lesson #4), you would simply locate two Web sites that are willing to introduce to their own customers by e-mail each others non-competing offer.

In my guide I'll explain this fully as well as several other ways of doing joint ventures.

Anyway, let's continue with this true story...

One of the Web sites he contacted sells a subscription to an e-zine for $60 per year to pet owners (let's call this Web site "A"). This site has about 600 subscribers.

The other Web site sells a course for $150 to pet owners (let's call this Web site "B"). This site has about 400 customers.

As you can see, these two sites have a similar customer base, but different non-competing products.

You probably also noticed that these sites don't have too many customers either. And maybe you're even saying to yourself, "How is it possible to make any money with Web sites that only have about 500 customers each"?

Just hold on... Not only is it possible, but... it's Highly Profitable.

Let me tell you what happened...

Web site "B" sent an endorsed (recommended) e-mail offer for Web site "A's" Ezine to their 400 customers and got 71 subscriptions at $60 each, for a total of $4,260 (71 x $60). This is a 18% response rate (71 divided by 400).

At the same time Web site "A" also sent an endorsed e-mail offer for Web site "B's" course to their 600 subscribers and got 92 orders at $150 each, for a total of $13,800 (92 x $150). This is a 15% response rate (92 divided by 600).

So the total take-in for the two Web sites was $18,060.00.

But remember that Mike had arranged to get 50% or half of the profits for setting up the deal. So Mike got a cool...

$9,030.00 For A Fun Days Work!

There are three reasons Mike could get that much money from this one deal:

In the case above, Mike arranged to get 50% commission of the sales price of the products. This was possible because both these products were "paper and ink" products, so the markup on these products were a lot higher than 50%.

Also the Web site owners didn't mind giving up 50% of their profit because they both...

Where else could they have gotten this kind of deal?

The Web site owners got this, all without...

Since both of these Web sites already had great sales copy on their sites, the customers were simply referred to the Web site by a link in the introductory e-mail offer.

In my guide you'll find several introductory e-mail samples, including the one sent by the sites above.

And remember, this is not spamming, but "keeping in touch" with actual customers.

After the initial e-mail introduction to customers, you (or the Web site owner) can - by waiting a couple of weeks in between - continue to e-mail basically the same offer to the same customers just by changing the offer slightly.

Then every few weeks, or once a month, you could simply change the offer and keep it running until it's not profitable anymore. That's the beauty of joint ventures.

After all, not all the customers will read their e-mail on the first go-around. Some people might not have received the e-mail offer for one reason or another. Or some might be on vacation, or for whatever reason they did not act the first time the offer was presented to them.

That's it for now. Next we'll briefly analyze who got what in this joint venture, and why these joint ventures are such a win/win deal for everyone.

We'll also do a recap so everything should be crystal clear to you why doing Joint Venture deals on the Internet are so profitable and why YOU should be doing them as well.

Remember...

Have Fun!

Article by Teddy Hanson. Theodore has shown ordinary people how to have a profitable Internet business, even without a Web site! For more information, please visit him at: www.JointVentureDeals.com

Click Here For Next Lesson