4. Joint Ventures/Strategic Partnerships
This involves partnering with businesses who already have your customers. This must be a win/win type of relationship and not just a parasitic one. Examples can include a law firm and a web design agency deciding to partner up. They can cross promote each others services to existing customers and make additional money. Another example can be partnering with social media influencers who are relevant to your product or service. They can get a percentage on sales that come from them.
4. Joint Ventures/Strategic Partnerships
This involves partnering with businesses who already have your customers. This must be a win/win type of relationship and not just a parasitic one. Examples can include a law firm and a web design agency deciding to partner up. They can cross promote each others services to existing customers and make additional money. Another example can be partnering with social media influencers who are relevant to your product or service. They can get a percentage on sales that come from them.
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