More JV Mistakes
So I’ve got to write about this JV fiasco again.
I get an email from the manager of this JV launch trying to explain to me how lucky I am to pay him to promote his site!
Here is his JV page where he wants to SELL me JV membership.
Keep in mind 8 months ago when I was getting into this niche I did pay them $99 to join… and honestly if he had only offered to sell me a JV for $99 I would have considered it. However what really pissed me off was he decided to charge $499 to get me to buy a LIFETIME JV Membership! That’s BS.
He tells me in his email about how he has never shut down a web site and his original web sites from 7 years ago are still around.
Ok, so you haven’t shut down a web site in 7 years… BUT how many of your members are still paid subscribers 12 months later? how about 2 years later? Are any of them still subscribers 4, 5, 6, 7 years later?
That’s my point. His upselling me! His JV Partner! To lifetime membership is nothing but GREED.
Then he goes on to tell me about how I get these great membership benefits… I usually give those to my guys free, I don’t charge my JV partners for that! Why would I? I want my JV partners to be as prepared as possible. I want them to be able to see first hand what the membership site is like. That way they’ll be better prepared and better able to sell the product. Yet he thinks I need to pay him for this?
Yuck!
What do you think? Am I crazy?
Do you have JV partners who pay you to join your site? Have you ever heard of such a thing?
- Ben Fitts
PS. I couldn’t pass this one up:
> And if you look over the JV invite page some more you
> will see that our JV members made $7,000 in commissions
> the first 30 days for those two previous programs combined
> and most still make residual income and generate traffic from
> their involvement in the past.
So he sells 50 JV partners a membership for $99 a piece. So he makes $4,950 from selling them JV memberships. Then he pays them $7000 in commissions. SO really he is only paying $2050 in commissions, because the other $4950 is really just paying back the JV’s their initial investment.
AND this was his old launch which cost $99 to become a JV Partner. His new launch wants you to pay $499 in which case if you look at the numbers above you’d see how he is making a profit from his JV Partners even when you account for all the commissions he’ll pay out!
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Hi Ben,
Well, you still don’t see this as it is. Most people who join and promote a Free or Paid TE will take a OTO or upgrade and usually they end up paying a $60 - $159.99 for that upgrade. Why? Because of all the benefits that come along with that upgrade.
So, we are offering a better deal for the JV team then they would get by deciding to upgrade after joining a TE.
We’re giving them 3 days to exclusively promote this program before anyone else does (and most JVs don’t offer that) we’re throwing in bonuses and offer them a special upgrade level no one else gets with more benefits no other member who joins is offered.
If there wasn’t an upgrade level involved and we were building a team of JV members and asked them to pay I completely understand where you’re coming from, but we’re not.
You say we’re selling a JV spot, but what we’re really doing is giving them a huge discount on a special upgrade level created just for them (JV FatCat)
We’re giving them an opportunity to make more commissions and take advantage of an exclusive launch where they can offer their lists and customers a special coupon customized to them.
Yes, the $499 price is something new we’ve never done and maybe more people will look at that the same way you do, or they won’t. Not sure that’s something new we wanted to offer them.
One more important thing… the $7,000 the JV teams made in the 2 previous launches was in the first 30 days… many JV members hadn’t even requested commissions yet and if you spread that out it would be closer to $20,000 and still counting for them (less then a year latter).
Not to mention, that if by chance, a JV member didn’t make back what they paid for a upgrade that they couldn’t have gotten if they didn’t join the team (which was thousands of credits and impressions at amazing prices) we put their affiliate links into a rotator and promoted for them until they did make $100 in commissions or more. We did that with ProTrafficShop and as far as I know every JV member made over $100 in commissions to date.
Yes, we take care of our JV team and we make sure they get the best from us and our programs. Just so you know… you are the only one that has ever had a problem with this amazing marketing plan. And just because it’s not done by anyone else (that I know of) don’t nock something new and innovative.
And for you readers… here’s the link to the content of the plan and what you get for this opportunity.
http://www.profatcat.com/pfcjvoffer.html
We’d love to have you on the team.
Thanks.
Dan Moses
http://www.4×4hits.com
http://www.PageSwirl.com
http://www.PowaSurf.com
http://www.ClicknPutt.com
http://www.GoneClicking.com
http://www.TrafficMastery.com
http://www.ProTrafficShop.com
http://www.ClickMasterPro.com
http://www.FreeClickThruClub.com
http://www.ProClickExchagne.com
http://www.ClickThruMarketing.com
Phone: (541)504-9017 Fax: (501)421-9405
Email: dan@clickmasterpro.com
Hey Dan,
I appreciate what you’re saying.
The biggest issue for me was the $499 thing, because retention rate is so difficult that $499 really looked like greed (to me).
To me the power is in getting as many partners as you can, not in limiting it to 50 who pay $99. I know that helps limit it to people who believe they can make the $99 back, so you don’t end up with a lot of jv partners that sign up but never promote…
- Ben Fitts