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venture (often abbreviated JV) is an entity formed between
two or more parties to undertake economic activity together. The parties
agree to create a new entity by both contributing equity, and they then
share in the revenues, expenses, and control of the enterprise. The
venture can be for one specific project only, or a continuing business
relationship such as the Sony Ericsson joint venture. This is in
contrast to a strategic alliance, which involves no equity stake
by the participants, and is a much less rigid arrangement.
Organizations can also form joint ventures, for example, a child welfare organization in the Midwest initiated a joint venture whose mission is to develop and service client tracking software for human service organizations. The five partners all sit on the joint venture corporation's board, and together have been able to provide the community with a much-needed resource.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
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Joint Venture – A Way to Profits!
Venture is a good way to increase your business profits. It’s the kind
of agreement one business party makes with the other business entity, so
that both of them can increase their profits and volume by compeering
Joint Venture always helps small companies to grow faster and for the big ones the more depth specialization arm is a kind of incentive. It is a kind of Partnership based on Mutual Trust and Interest.
For the online businesses, Joint Venture is considered as an easy method to earn money and in this regard, many marketers are promoting the products or services of the other business entities so to earn money by acting as the promotion agents of latter.
There are a number of marketing strategies being followed by the collaborators in name of Joint Venture and the most common among these is the “Pop-Up Window Add-Up Windows”. We all must be aware and accustomed to this kind of marketing tool.
Under this strategy, the particular site say ‘X’ will enter into the agreement with other company ‘Y’ for its products promotion through way of Pop-Up Windows. The pop-ups come up when a visitor opens the website. These are the new Windows that generally have Links to the other sites or they themselves act as the Advertisements posters campaigning for a specific product or service, which sometimes is related to the subject of visiting site or as most of the time these are for very unrelated products.
The notion of Pop Up is to redirect the visitors to the respective sites or at least to make them aware of the presence of respective product or service in the market. These tools are based on the Ergonomics, which says that humans by nature have a tendency to be attracted by the short interesting clips of information and always wants to know more about the related topic at same time. What else can an advertiser can ask for?
But these Pop Ups are also being fastly turning into the means of advertisements that are annoying visitors and their presence on the site can also lead to more serious harms such as, the visitors decision not to visit respective site again just because of these silly Popup being present there. One has to decide smartly with all points in consideration before finalizing the Pop Ups as way of additional income from his site.
In response to these Pop Ups, the Blockers are also available in the market, which blocks this kind of marketing tools that bother the visitors, which of course is a relief for the visitors but a nightmare for the respective advertisers.
This all has just taken a shape of continuous war between the Marketers on one end, who are coming now and then with new Pop Ups based on new technology so as to escape Blockers and the Software developers who works day and night to find a solution in way of Blockers to the newly developed Pop Up software.
Pop Ups according to the sources is one of the ultimate tools to market and generate income to a website. These come handy as always, yet they have pieces of the most lucrative information such as discounts etc. but of course, they can also attack in the reverse direction.
So one should watch the movements of his business to know the actual impact of this Marketing tool as if one found good increase in site Traffic, which in future have the tendency to be turned into Prospective buyers, then it’s helping otherwise if the response is negative then one should immediately withdraw from such tools.
Other tactics are also available to increase the profits, which can be more fruitful. The crux lies in the fact that a thorough research should be carried out before deciding on this kind of Joint Venture for sake of earning income, as the steady and smooth growth of business always is a priority for everyone.
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