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Find marketing partners

Written by: Russell Bowyer

Article Overview: A marketing partner is another business which can complement your business or help to refer new customers your way in exchange for reciprocal referrals. A good example of this is if you leave some of your leaflets in the sales area of a fellow business, preferable in the same town or area as your business and in exchange you have their leaflets in your reception area. To take this concept a little further you could introduce promotional schemes; for example...you could put on your sales literature "When you buy a pizza you get 20% discount off of XYZ video store". At the same time as you offering this you can get XYZ video store to offer a similar promotion so that when a customer rents a video they will get 20% off pizzas at ABC pizza store.

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Find marketing partners

A marketing partner is another business which can complement your business or help to refer new customers your way in exchange for reciprocal referrals. A good example of this is if you leave some of your leaflets in the sales area of a fellow business, preferable in the same town or area as your business and in exchange you have their leaflets in your reception area.

To take this concept a little further you could introduce promotional schemes; for example...you could put on your sales literature "When you buy a pizza you get 20% discount off of XYZ video store". At the same time as you offering this you can get XYZ video store to offer a similar promotion so that when a customer rents a video they will get 20% off pizzas at ABC pizza store.

If you tie people in like this you are more likely to get customers from the video store visiting the pizza shop and visa-versa...thereby both businesses will benefit. Many a time when someone gets a takeaway they will also want to watch a video, so this is a great fit for a pizza type business.

If you do not own a video store or indeed a pizza shop, then I am sure you can think of some great complimentary business links to your company. I suggest you go and speak with the business owners to see if you can do a deal or two.

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Home > Buying-A-Business > Russell Bowyer > Find marketing partners
Article Tags: abc, fellow business, leaflets, marketing partner, marketing partners, pizza store, pizzas, sales literature, video store

About the Author: Russell Bowyer
RSS for Russell's articles - Visit Russell's website

I am an entrepreneur having started, bought and sold businesses since 1990. I have also advised hundreds of business on how to set up a business, how to grow a business and improve profits and how bext to structure a business. I now run, amoungst other things, a Business Blog and have just launched a Business Forum (We always welcome new members and their input and comments at the forum). With my wealth of business experience I have since written a number of business books and software, including Cash Flow Forecasting Software, Increase Profit Software, a No Money Down Book, Buying a Business Tool and others at my site Bowraven.com

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Related Forum Posts
Its About the Right Money Option Its About the Right Money Option - Having the right partners and financing are so important. Locking yourself into a deal with the wrong partners can easily drag you and the business down. Also, great points about finding financing and other partners who understand the goals you have for the business and can help you work toward those. I've been amazed over the years to find the ways to network and to help others. Your financing partner can not only bring money to the table, but connections, information and the background to take the business to the next level. And, since they have money involved, its in their interest to help you make the business a success. ChrisH
Re: Looking for partners for a potential online shopping busines Re: Looking for partners for a potential online shopping busines - Hello I just saw your request for potential partners on your online shopping site. Can you tell me more about it? I am an Internet marketing professional and will be happy to do what I can to assist you. Kalen
Partnership questions Partnership questions - I am working on the project which is in its pre beta stage. This is a web based service that allows to distribute some content in a printed format. I got several offers from investors and printing companies regarding partnership and funding. Since I have a pre-beta version yet I have a lot of questions on how to deal with partners/investors. 1. what can I offer to my partners? for example, 20%, 30%, 40% share is the future business? how many present should it be? 2 should we sign any agreement to legally regulate the partnership? if yes, how does this agreement look like? 3. how to make these partners/investors involved into development of this business? I need someone to review the content/website, I also need help with organizing the infrastructure, legal things, etc Thank you.
Re: Looking for partners to start career consulting business Re: Looking for partners to start career consulting business - Consulting business is a billion dollar industry. I suggest looking for partners and potential clients on online business portals like servana, which do not charge any basic fee. Get connected with potential partners, clients and customers from all around the world. My signature could help you in your research.
Re: Looking for partners to start career consulting business Re: Looking for partners to start career consulting business - Hi Mike, 1) I'm moving this to the Looking For section 2) I think a good start would be to seek out local, potential competing or related organizations/companies in your area. Universities, job centres, head hunters, HR professionals...etc. [quote:34k2gxrf]It will target professionals who want to start working at executives or higher level positions but lack necessary experience.[/quote:34k2gxrf] And I think it'll definitely help if you align your products/services with your target customer group. i.e. How do you plan to seek out this group? -------> Find the necessary talent that can accomplish this. i.e. Providing internship --------> Training in-house? Or training outsourced? Again, seek talent that aligns with your objectives. Break down what your business operations would be like, then seek the appropriate talent to cover that area. Of course, you don't want to give up too much equity by seeking out too many partners. Usually lower number of founders the more likely the start-up will survive. Good luck


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