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How
To Make Your Stiffest Competitor Your
Best Joint Venture Partner |
by:
Jim
Edwards |
©
Jim Edwards - All Rights reserved
The Net Reporter Ezine
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When someone threatens us, we instinctively
look for ways to either avoid, evade or
protect ourselves from the perceived threat.
In business, where money, security, and
even our family's future rides on our every
move, anyone or anything we perceive as
a "threat" usually causes us to go into
"protection" mode.
Once in "protection" mode, we close off
to all possibilities except avoiding or
defeating the threat.
On the flipside, anything or anyone we see
as able to help us build our business, expand
our reach, or improve our profitability,
makes us instinctively think of ways we
can use that to our advantage.
Once you understand this simple fact, it's
easy to see how YOU can to turn your biggest
competitors into your best Joint Venture
(JV) partners.
"Competitor" is nothing more than a label
someone else places on you because they
see you as wanting to get the same thing
they want (from a limited supply).
In other words, if 100 customers exist,
and your "competitor" perceives you as basically
selling the same thing they do, then the
race is on to see who can get the biggest
share of those 100 customers.
This behavior stems from a "scarcity" mentality
of "The pie is only so big and I need the
biggest piece possible!"
My advice: STOP trying to divide up the
same pie.
Bake a NEW PIE and get your competitors
to *SELL* IT FOR YOU!
Any competitor you see in the marketplace
can actually turn into your best Joint Venture
ally and strongest sales person if you know
what to do.
Your job is simply to find out how you can
complement what they do rather than compete
head-to-head with them.
For example: I sell an ebook (2 actually)
on how to sell thousands of ebooks on the
Internet.
The material comes directly from my experience
of actually *doing* it - rather than regurgitating
what others have done.
Since I already have two ebooks on "ebooks"
I have no interest in promoting someone
else's ebook on the same subject.
In fact, I get rather snitty when they ask
because it shows their complete ignorance
of this principal.
On the other hand, what if they baked a
"new pie?"
What if they created a piece of software
that made converting Word docs to PDF a
snap and cost a fraction of the price for
Adobe Acrobat?
What if they baked a pie that made it simple
for ebook authors to automatically post
their ebook for sale on all the different
online bookstores out there?
What if they created an easy-to-use system
to help ebook authors get their ebooks listed
on Amazon and gave me a cut of the action
when I sent them new customers?
What if they created a system that made
it easy for ebook authors to offer a copy
of their ebook on CD or in hard copy form
without expensive set up fees?
NOW WE'RE TALKING about things that, in
my mind, would immediately take them out
of the "competitor" category and place them
in the "I'd like to know more about you"
category.
So if you want to bake a new pie (get your
competitors to view you as a friend and
seek you out as a JV partner), follow this
three step formula.
First, step back from the marketplace and
see what the vast majority of people in
your marketplace are selling, promoting,
or offering (they're all doing virtually
the same things).
Second, think about how you can help them
AND their customers get MORE of what they
want faster by complementing what they already
do and not competing with them.
Third, wrap your product or service in a
way that your new ally can not only make
more money or more sales of both your product
and theirs, but also make their customers
even happier as a result.
About the author:
Jim Edwards is a syndicated newspaper columnist
and the co-author of an amazing new ebook
that will teach you how to use fr^e articles
to quickly drive thousands of targeted visitors
to your website or affiliate links...
Simple "Traffic Machine" brings Thousands
of NEW visitors to your website for weeks,
even months... without spending a dime on
advertising! ==> http://www.turnwordsintotraffic.com
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