How To Use Joint Venture Marketing To Enhance Client Relationships

Just like you shouldn't wait until Valentines Day tosomething for the goody bag.Idea #2: Educational
pamper your loved one, you shouldn't wait untilGiftsThis idea is best described with this specific
the next time you're launching a new product orexample... If you're a business coach, you can
service before your past and current clients hearhost a client appreciation day. The Client Delight
from you. The pampering should continue all yearExperience could include (i) a 60-minute,
long, if you want loyalty and repeat business fromtelephone-based, workshop-format presentation
them.A pattern I see again and again is theon a hot business-building topic by a guest expert.
"keep-attracting-new-clients-and-neglect-old-ones"(ii) mailing your clients a hard copy "how-to" tips
syndrome.Considering these facts... It costs sixbooklet that's authored by another expert. (iii) a
times more to acquire a new client than it costsdiscount coupon for a live seminar hosted by
to get repeat business from an existing client. It'sanother expert during the year.Idea #3: Dinner
sixteen times easier to sell to your existing clientsFor TwoMake arrangements with restaurants in
than to a new client, simply because your existingcities where you have clients. On every client's
clients already know, like and trust you. ... it isbirthday send them a "free dessert for two"
baffling why many small business owners ignore avoucher from a local restaurant. A savvy
client after the first sale, and only ever contactrestaurant owner will know that your client is likely
the client again when a new marketing campaignto eat more than dessert, so they would be
is launched. And yet, they expect the client tohappy to give away the dessert freebie. I know
spread the word about them.The success of yourthis because I work with a lot of restaurant
business doesn't depend just on bringing in newowners. Your only cost may be printing the
clients. It also depends on retaining current clients,voucher, but you'll find that some restaurant
getting repeat business from them, andowners may take on that cost too.Idea #4:
encouraging them to tell others about yourHappy Birthday PackageOn the birthday of your
products and services.So how do you pamperbest clients, arrange to have exclusive discount
your clients when you have a low marketingcoupons and/or freebies from three different
budget?Simply get your joint venture partners tobusinesses. For example, a 15% discount coupon
contribute gifts that will create a Client Delightfrom a gift basket company, a free facial
Experience for your clients... the kind ofvoucher from a Day Spa, and a 2-month free
experience that will encourage your clients givemembership voucher from a business web site or
you more referrals, sing your praises whereverfitness club. Present each coupon and voucher in a
they go, and keep coming back to buy more ofseparate fancy envelope and put all envelopes in
your products and services.Most small businessa gift box with a card, and mail it to your client as
owners implement joint venture marketing toa "happy birthday" package.These ideas are only
acquire new clients. They forget that thisthe tip of the iceberg when it comes to how to
powerful strategy can also be used to enhanceuse joint venture marketing to "wow" your clients.
client relationships.It's a win-win situation becauseIf you don't have clients yet, you can contribute
your joint venture partners will gain exposure tofreebies to other non-competing businesses that
your clients, and your clients will be happy thathave the type of clients you target. You'll find that
you added value to their business experience withthis tactic will send their clients your
you, without charging extra.Valentines, birthdays,way.Copyright © 2006 by Habiba Abubakar
thanksgiving, Xmas etc. are all opportunities toand Emprez. All rights reserved.Note: You are
"wow" your clients with a Client Delightwelcome to republish this article as long as the
Experience. Here are four ways to do this byresource box at the end is included fully and
using joint venture marketing:Idea #1: Day Spaunaltered.Habiba Abubakar, a.k.a. The Profit Diva,
BonanzaContact a local Day Spa and let themspecializes in helping small business owners who
know you're preparing a Valentines Day goodyare struggling to increase their client base and are
bag for your clients. Ask them to contribute antired of earning mediocre profits. The tips in this
exclusive "get two facials for the price of one"article have been excerpted from her
voucher or a discount coupon for selected spahome-study program, "Joint Venture Profits For
treatments. You can share printing costs withSmall Business Owners.
each joint venture partner that contributes