Although joint venture deals take place on and off the Internet involving products and services of all different kinds, you’ll find very few people operating or knowing how to operate joint venture deals on eBay. That’s good for you and for me for two main reasons:
i) Few newcomers know how easy it is to arrange joint venture deals on eBay, mainly because of eBay’s strict rules on outside site trading. So only a handful of eBay sellers try joint venturing which leaves the road to riches wide open for more entrepreneurial types like you and me.
ii) eBay is huge and growing bigger every day and that means you’ll never run out of contacts for profitable joint venture deals.
There are other benefits too for seasoned and inexperienced eBay sellers:
* eBay sellers are always seeking new products, sometimes risking huge sums of money to buying and testing items that don’t eventually sell. Offer them a joint venture deal for products that are proven to sell and the risk is all but gone. That’s not to say your product will actually sell well to another person’s past customers, but this way it will cost you nothing to find out! All joint venture partners contribute is a few hours of their time.
* Sales take place outside of eBay and possibly PayPal also, so there’s no risk of inadvertently breaching either company’s myriad of rules. And you won’t be forfeiting a huge chunk of your profits to those companies either!
* Successful eBay sellers – usually PowerSellers and Top-Rated sellers – offload tens of thousands of products each month – meaning lots of potential buyers for your products also. And that’s why it makes sense to research potential partners through eBay’s Pulse Pages and Feedback system and contact those with highest sales figures first.
So as product owners we’re really looking for people selling in huge volumes to buyers who may also be interested in whatever products you and I have for sale. Those products can be similar to what people have recently purchased, or complementary, such as similar eBooks about Forex Trading, or complementary accessories for the likes of computers and iPhones.
* eBay is transparent which makes it easy to see who sells what type of product, at what price, and in what quantity. So as a product owner looking for eBay sellers to promote your goods, you can study hundreds or even thousands of potential joint venture partners and pick the very best without having to show your hand to anyone and risk your product being copied before an agreement is formed. Compare that to listing your product yourself on eBay, or ClickBank, for example, for digital goods, and PayDotCom for digital and physical products, where your every move is seen by tens of thousands of people and products and ideas are quickly copied and your profits plundered.
* The real beauty of the idea we’re discussing today is that your products won’t be visible at all to other sellers on eBay, or ClickBank, or PayDotCom or any other high-profile marketing site. That’s because these JV deals will take place outside of eBay or other major site and sales will be to past customers of your chosen eBay sellers.
* Now imagine you are the person with a long list of buyers for eBooks about Forex Trading or iPhone accessories, you’re selling both items successfully on or outside of eBay, and you’ve heard about ‘back-end selling’ which as you discover means marketing to people who’ve bought from you already and who trust you and your product recommendations.
You keep all your customers’ names and email addresses on database with your chosen email processing company. Then every week or so you send out an email recommending a product and banking hundreds or thousands of dollars within a few days.
Subsequently once or twice a month you go looking for new products to sell to your growing mailing list. Where do you find them? On eBay, of course! You do it by going to eBay’s Pulse Pages where you check out sellers of eBooks and iPhones and accessories, you study their sales history and performance and make a note of any with good feedback (suggesting quality products and good customer care) and products few others are selling on eBay meaning less competition for you.
You contact product owners and you negotiate a deal to sell their products to your list for a discount on normal prices.
The discount is important because you don’t want to promote items your list members can buy cheaper on eBay or the local high street. What you want are goods with high prices and good profit margins from a seller offering quality stock with high Detailed Seller Ratings and overwhelmingly positive feedback. Compare that to choosing sellers with low profit margins meaning pathetic profits for you, offering poor products and inadequate customer care and generating heavy returns and lots of refunds!

