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Advice For Partnering up With Someone ToDo AM ?? (13)


04-20-2012 11:01 PM #1 tonyt2929 (Member)
Advice For Partnering up With Someone ToDo AM ??

Hi Fellow Stackers,

Hope you all having a wonderful money making morning/afternoon/evening. Cutting to the chase, I am posting to get a feel for everyone's insight on How To Partner Up With Someone to Make AM easier and more profitable in PPV or any other source. .

Ofcoarse there are many concerns when teaming up with someone new who you don't really know much about, like; sharing data, sharing profits, splitting costs and so on. So how do you tackle these concerns and what measures should one take before teaming up or even thinking of teaming up?


Thanks in advance for sharing your experience


04-21-2012 04:43 AM #2 Smaxor (Veteran Member)

No reason to partner in the partner sense of the word.

What you need is a solid networking group and I'm sure you can find 3-4 people get on AIM/Skype from STM.


04-21-2012 04:48 AM #3 harrypotter (Member)

Quote Originally Posted by Smaxor View Post
No reason to partner in the partner sense of the word.

What you need is a solid networking group and I'm sure you can find 3-4 people get on AIM/Skype from STM.
^^^ this networking group

it's for sharing info on what we are working on? things we see are working and such?

i have been a part of 2 or 3 skype groups and they fell apart after a while

what's the ONE thing the group should do to benefit each other ... and thus keep the group together?


04-21-2012 05:09 AM #4 dubbsy (Member)

Quote Originally Posted by harrypotter View Post

what's the ONE thing the group should do to benefit each other ... and thus keep the group together?



I think that keeping a group together really boils down to 2 main things...

1) Relationship, and forming them - not being a robot, or a 2 year old (gimme gimme gimme)
2) Commonality with tasks and goals - working on the same traffic source and vertical, or something extremely similar (FB, FB & Dating, etc..)

The more you have of those 2, the stronger and longer your group will be and last.

I'd really like to hit on point 1 tho, the more people stop asking for hand outs and "help" and start getting to know people and sharing themselves, the more they'll actually learn. Everyone's been there... asking someone for advice on something without even trying to figure it out yourself, or SEARCHING GOOGLE haha... but the relationship building is probably the most important thing, because that's where it starts, I'ma want to help someone more that I get along with and like better, than someone who literally just hits me up to critique his campaigns and doesn't even know anything about me.

imo ;-)


04-21-2012 05:33 AM #5 maynzie (Moderator)

what's the ONE thing the group should do to benefit each other ... and thus keep the group together?
Have Dubbsy in your group....

Too bad his taken and is mine

nah but seriously dubbsy said it sweet here, relationships relationships. I really dislike discussing information I've put the hard yards into unless the person establishes a good as relationship with me first, I have quite a few relationships in AM that I would consider amazing friends in real life and some now are, these are the people I love to talk to everyday and the information we feed each other allows us to grow at synergistically speeds

2+2=5


04-21-2012 05:40 AM #6 maynzie (Moderator)

I'll just add a little bit, I contribute a lot of success to the networking groups, and the best ones of all are the ones that also offer personal growth outside of AM, there are heaps of dudes on this forum with special skills outside of AM so when you bring everything to the table its nothing but win-win-win-win-win

Networking is a must if you want some fast success, but also to keep some real fun in this game


04-21-2012 06:00 AM #7 trust93 (Member)

Well said maynzie, Well said


04-21-2012 08:44 PM #8 tonyt2929 (Member)

@dubbsy: Thanks man makes sense what you are saying. Having things in common and being alined is really important.
@Maynzie: Great tips and encouragement.

Thanks for sharing mates. Lessons learned: Become friends=build reltionship=then share.

- One thing that I think didn't get addressed and kinda a bit emphasized in detail was that, After building that relationship and if/when it comes down to the technicality of working together. if anyone has ever done this, would you say it is cheaper and more efficient to split costs and profit if you are on a budget and if so how have you done it?

Cheers


04-21-2012 09:02 PM #9 questingthrough (Member)

Quote Originally Posted by tonyt2929 View Post

- One thing that I think didn't get addressed and kinda a bit emphasized in detail was that, After building that relationship and if/when it comes down to the technicality of working together. if anyone has ever done this, would you say it is cheaper and more efficient to split costs and profit if you are on a budget and if so how have you done it?

Cheers
I would say that its cheaper...but in the long run? This could be quite the headache compared to the joy of having a 'think tank' situation. One thing I would recommend is to designate a point at which you'll both pull your money out of a campaign. This goes for winning and losing campaigns. Lets say that Person A has a campaign that they're attached to and wants to keep investing/testing but Person B cringes at losing $10 and wants out? Honestly, try running campaigns with somebody but without exchanging money - if you're targetting something with medium-large amounts of traffic, you probably wont even notice that you're competing against each other (PPV might be trickier, hehe) and you get to keep your finances seperate...Aside from the financial part of it, having somebody to bounce ideas off of can be PRICELESS!

Best of luck to you!


04-22-2012 07:14 PM #10 dubbsy (Member)

Quote Originally Posted by tonyt2929 View Post

- One thing that I think didn't get addressed and kinda a bit emphasized in detail was that, After building that relationship and if/when it comes down to the technicality of working together. if anyone has ever done this, would you say it is cheaper and more efficient to split costs and profit if you are on a budget and if so how have you done it?

Cheers
I wouldn't suggest doing this (pooling money) in the beginning, but rather waiting until both you and the person you're partnering with are experienced in the vertical and traffic source, and trust each other explicitly.

I've done that in the beginning, it was a group of 3 of us, and there was a time where one of my partners bid $35 CPC instead of $.35 CPC on FB... Needless to say that all the profits we had made from the couple weeks prior had been erased and we were in a rather big hole.

So situations like that can come up and then you're fucked haha... so moral is I guess, I wouldn't partner with money until both you and the other person are pros at vertical and traffic source, and can cover mistakes like that if they happen.


04-22-2012 08:22 PM #11 harrypotter (Member)

great advice. thanks all


04-23-2012 05:59 PM #12 Finch (Moderator)

I think the advice given so far is on the money.

Sharing information and building relationships with a small circle of similar minded affiliates is a great way to fast-track your business.

Pooling money and working as an actual team seems like a great way to fast-track the loss of your hairline and sanity.

I can only see it leading to problems. What happens if one guy is putting in all the effort? Very rarely do partnerships work out when they're split 50/50 on a creative level. You need dual-strengths. Maybe one guy looks after the networking, the other handles technical... that would make sense. But affiliate marketing is such a creative headache that whoever has the creative streak is likely to be successful on his own, and he doesn't need the other guy. He won't want to share his golden ideas for long.


04-23-2012 10:31 PM #13 tonyt2929 (Member)

Very good advice. Thanks Finch...I was also more inclined to meet up with another affiliate mainly for the emotional support aspect of it and over all exchange of ideas rather than starting a business with someone which could result in disastrous results. In the beginning anyways since I don't have all that experience.


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