Why I deleted my Hot Resale Rights JV Giveaway account
I sent out this e-mail to my subscriber list telling why I had
unsubscribed from a JV Giveaway I had previously recommended. It
turned out to be one of the most controversial that I have sent
to date. One guy who has a JV Giveaway read it and called me a
freeloader. Others agreed and disagreed in various fashions.
Obviously he hasn’t been reading my other emails or he would know
that I am a heavy promoter of JVGiveaways. Here is the message I
sent out:
Hi NAME,
Here’s why I deleted my Hot Resale Rights JV Giveaway account. I
didn’t read the terms and conditions close enough. They said you
must give out resale rights or more to your product. No thanks…
I don’t want to do that.
I’ve noticed a trend happening lately where the JV managers are
starting to have greater and greater demands on the contributors.
In the past week, I’ve seen two that will drop you if you don’t
get a certain number of points within about 3 weeks. And… to
make it worse, they give a low number of points for sign-ups.
Effectively, they are forcing you to promote more often than may
be practical or it may even be detrimental to your business plan.
The reality is you can find other JV Giveaways to promote your
list with. (Yes, I know, its a dangling preposition.)
Anyway, now you know my philosophy about Giveaways. I can and may
change my opinion in the future.
Have a great day!
Dan
I’d like to hear your ideas on this and it would be good for the
community to get a dialogue going so that we can all try to
understand each others reasons, needs, and positions.
June 23rd, 2008 at 6:05 pm
I very much agree with your email. Unrealistic demands on JV contributors are less than fair. As
professionals in IM we should hold ourselves to a high standard. But there are limits to how much
time we should have to devote to advertising JVgiveaways; we can’t neglect our other campaigns or
the customers/members we already have.
June 23rd, 2008 at 6:28 pm
Every person must make their own decisions.I will probably join that one myself but I certainly respect your opinion.The way I see it this event will probably draw a lot of people and I need to build a list as I am new to this.
However I foresee two problems
-It will be full of tire kickers who aren’t going to buy much
-It is hard to find a decent product with resale rights you can give away
A little off-topic but it is also hard to find a decent product you can sell on E-Bay , who wants to sell a bunch of crap?I think the product developers all seem to think that their product is the best out there and most of it is over-priced and over-hyped crap.
Now I feel better and by the way, I do enjoy your e-mails , you are not always trying to unload a bunch of inferior clickbank products
Ron
June 24th, 2008 at 9:40 am
Hi Dan
What your saying is true: after a wave of giveaways without any demands, giveaway manager are going back to the original concept of ‘limited entries’.
When JV Giveaway events were new and almost unknown to the public, you had to have a limited number of subscribers (1000 to 5000) before you could even enter.
The difference now is that people without a list can still enjoy at least one day of sign ups before there gift is suspended – and we all know launch day is the most profitable day of all.
The reason giveaway managers set a minimum number of referrals is to avoid ‘free riders’ – people that join the giveaway but put no effort in promoting at all, and just profit from the other contributors’ efforts.
After all, the main idea of a JV Giveaway is to work together to promote the event, in order to maximize the number of subscribers.
For The Niche Giveaway, I haven’t set such a minimum.I made this decision after consulting the JV partners for episode 1. Every single one (- even the partners that bring in loads of referrals) agreed that ever partner should have his chance to build a list.
(You can read the blog post and partner comments here:
http://thenichegiveaway.com/blog/?p=22)
The downside is that out of 419 JV Partners, there are currently only 58 people who have referred other partners. At this time, there are no less than 361 who are ‘profiting’ from the efforts of others.
)
I realize getting other partners to sign up is much more difficult than getting people to sign up as a member, so I won’t jump to conclusions just yet, but I assume you can see my point.
The Resale Rights Giveaway manager is free to set up his own gift requirements, just like all the other giveaway managers do – some require your product to be new, or targeted to newbies, eBay or list building. It’s a way to add some diversity to the ever growing number of JV Giveaway events. Everybody must decide for himself whether he will go with a certain giveaway or not. It’s like you stated – unlike in ‘the old days’, there are plenty of other JV Giveaways to join to build your list!
I would like to thank you for sharing your vision – and I understand your comments completely. With this message, I just wanted to shed some light on the reasons behind some decisions JV giveaway managers make – this doesn’t mean I always agree with them.
Greetz!
Mieke
June 24th, 2008 at 12:57 pm
Ask yourself… Why are these events called JV giveaway events and not just giveaway events…
Imagine you do a JV with someone for example you promote each others products, then you both expect that you get signups or sales for each other. What would you do if you get 20 sales for your JV partner and he only gets 1 back for you… would you do another JV with him? Probably not.
It’s the same thing with JV giveaway events… these events live from signups and if you can’t get any signups, then why do you expect that they send signups to your list? You are basically asking the so called “big guys” to give you their subscribers for nothing in return.
At the end it all comes down to conversion rates. You send a certain amount of traffic to the signup page… let’s say 1000 visitors and from these between 0.5% and 10% signup, depending on the quality of traffic.
If you are into internet marketing, then you should be able to send traffic to any website, even if you have just started out. There are literally hundreds of ways to send traffic to a website, not just your own list… use traffic exchanges, safelists, blogging, squidoo lenses, hub pages, social marketing, article marketing etc.
By the way, I’m the one who invented and programmed this new points system in the giveaway events… and I strongly stand behind this feature. Try it yourself… run such an event without these restrictions and see what happens.
June 25th, 2008 at 12:47 am
This actually brings up a point I have been wrestling with for months. I feel there are two legitimate sides to this situation.
You see I am one of those new IM’s or (Newbie) as we would be referred to. On one side of the coin, I feel there must be some type of restrictions as there are a ton of “freeloaders”. But what we must remember is that they will fail in the long run anyhow. You see a typical freeloader wants everything for doing next to nothing. They are typically looking for that magic instant money maker. However, what some of the Internet Guru’s or IM’s forget is that those are the exact same people they are selling their products to.
I know this as I have purchased hundreds if not thousands of dollars worth of products already. However, I am not the type to complain as I always look at it as paying for my education. Everyone who is successful knows that they can not be without proper education. Whether this is from going to college, learning a trade or becoming successful on the internet.
Now here is the flip side of the coin, how does a newbie like myself make it without the opportunity to join a giveaway without feeling like a freeloader. I have been doing this now for about a year full-time from home. I have created a website, original products (even if it is paraphrasing from multiple sources) and have even set up an autoresponder account. However, I do not have a list not one single person.
You may be saying to yourself why if he has been doing this for a year he does not have a single person on his list? That is a very good question. The reason being I did not want to promote or create information until I felt I knew what I was doing. Don’t get me wrong I still have a lot to learn, but the difference between myself and many people starting out is the fact I do not mind paying my dues.
For once I would like to be able to join a JV giveaway without having to feel like a freeloader. I also recently signed up for a couple as I looked at the information provided and felt it would be a great way to establish myself in the field.
Then I looked at all the restrictions and realized that I could not contribute anyone and I would look like a freeloader so I have withdrawn as well as I am not into being downgraded or to be known as a freeloader among the IM’s who even though do not know me I have gotten to learn there styles and respect them and wish the same.
I do attempt to contribute, and How I do this is by joining blogs, reading and listing appropriate posts as I know this helps the creator of each post or blog for SEO and I figure that is the least I can do for the education I am getting in return.
With this being said, if anyone happens to read this post and knows of a JV group who will accept me without a list and without making me feel like a freeloader, please refer to them as I am smart enough to know that I can not succeed without help from everyone.
Thank you for posting this original comment and letting me vent so to speak.
Regards,
Richard Tunison (A Regular Guy)