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Most training professionals know about the 70-20-10 training model and that it has been an accepted industry standard for professional trainers since it was first proposed in the 1980’s.
For those not familiar with this model it states that 70% of a person’s learning comes from hands-on experience, 20% from coaching and mentoring and 10% from formal classroom training.
But how effective and relevant is this model now and how does it apply to training for the shop floor or production line employee? The answer is it’s very relevant.
The 70-20-10 Model
In the 1980’s when the study was conducted a new employee would be partnered with a trainer for the first few days on the job. This would be the 20% portion of coaching and mentoring. Then over the next several weeks or months the new employee would perform his task alone and repetitively which represented the 70%. Often there was little or no formal classroom training for the shop floor or production employee.
Fast-forward to the 21st century and business leaders are looking for ways to train employees more quickly and effectively. The 70% section of hands on training just takes too long, new employees make too many mistakes while on their own and many become frustrated and quit during their training. This is especially true for companies that use seasonal or temporary workers and a long training cycle with limited return is very costly.
Technology has now brought an interesting change to the 70% hands on training section that provides a more focused and practical way to bring new employees up to speed with less cost and in less time.
Imagine if the 70% hands on training was broken into two 35% sections. 35% is still the traditional "do it yourself" and "learn while doing" type of training but the other 35% is web based, interactive learning that is completed in a fraction of the time. New online courses are now built to be interactive where the employee works through actual scenarios that simulate work situations.
Take a warehouse worker, for example. They first watch how to properly pick an order, receive product, assemble parts or check in returns. Then the course takes them through interactive, hands-on activities where they actually perform the same function using the same screens, programs and tools they will be using but doing it virtually on a computer screen. They repeat these scenarios until they demonstrate competence and knowledge.
Once the employee masters the process virtually they proceed to the shop floor and do the same work physically. Only now they are more prepared because they have seen it done correctly, they’ve been shown shortcuts, possible mistakes and how to avoid them. The training cycle is shortened; new employees feel more confident and make fewer mistakes.
It doesn’t take much imagination to see how this applies to other fields. The nurse who learns how to use a prepackaged kit to maintain a sterile field. The salesperson who learns how to demonstrate a new product. There are dozens of applications.
So the 70% training section of hands on can now be nearly cut in half. Experience with leading companies who have employed online training methods show that the combination of virtual plus hands on learning is a more powerful tool and new employees are "up to speed" far more quickly. This results in lower training costs for the company and less turnover in the first few critical months.
So the traditional 70-20-10 training model still applies to employee training but with a modern twist that makes it even more effective. To learn more about online training and how you can shorten the training cycle for your new hires, contact KMI learning today.
The post 70-20-10 Training appeared first on KMI Learning.
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<span class='date ' tip=''><i class='icon-time'></i> Mar 17, 2016 11:02pm</span>
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Do you need to create mobile courses efficiently? Then you’ll definitely want to look into Responsive Course Design™ (RCD) in Lectora® authoring tools—if you haven’t already. With the Responsive Course Design solution in Lectora, you only have to design once, in the desktop view, and content is automatically sized and positioned for tablet and phone views (in both landscape and portrait).
So, whether you want to research Responsive Course Design more or you already have it, you can use this roundup of great resources.
If you’re new to RCD, you may want to start with the Responsive Course Design white paper by John Blackmon, Trivantis® CTO.
Ready for more RCD? Check out all the helpful resources below.
Articles on RCD:
Best Practices for Responsive Course Design (RCD) in the Trivantis Community
FAQ About Responsive Course Design also in the Community
Adjusting an Older Lectora Project for Responsive Course Design by Andrew Vass from the eLearning Brothers
Recorded Webinars and Video Tutorials:
What Is Responsive Course Design (RCD)?
Converting a Course To Be Responsive: A Case Study With CTO John Blackmon
Responsive Course Design in Action: What You Need to Know
Lectora Live 17: RCD and John Blackmon
From eLearning to mLearning: How to Design and Deliver Courses That Mobile Learners Love
Introduction to Responsive Course Design (RCD) in Lectora Online
Customizing Views in Responsive Course Design (RCD)
Device Rotation and Current View
Cross-device Move and Resize
Free Downloads:
Responsive Course Design Storyboarding Kit to sketch out the responsive content you plan to develop
Flat RCD Themes for Lectora 16 and Lectora Online freebie from our monthly email newsletter
Ready to create a responsive course? Show us your skills in the RCD Lectora Contest on the Trivantis Community.
Want to try Responsive Course Design in Lectora? Sign up for a free trial today.
The post Thursday’s Trending eLearning Topic: Responsive Design appeared first on .
Trivantis
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<span class='date ' tip=''><i class='icon-time'></i> Mar 17, 2016 10:02pm</span>
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At yesterday's information session, we shared a number of resources to help faculty participate in the Open Educational Resources (OER) Movement. Faculty and Grad Students discussed the many challenges of awareness and finding the right open materials. However, all agreed that with ASU's "inclusive" environment, the use of OERs in the classroom would continue to develop in the future.Our ASU Life Sciences Librarian, Rene Tanner, discussed the benefits of submitting papers to the ASU Digital Repository as an important step in increasing the impact of scholarly work. Making pre-publications, post-review publications, white papers, and data available in ASU's Digital Repository will make it possible for others to find, use, and reference your work without paying a fee. More information can be found on the ASU Library Guide for Open Education. Some other highlights of the session were:Defining OER, Open Access, and Open Pedagogy with this 4-minute video by Robin DeRosa from the University of New HampshireInformation on how to use the Creative Commons and other open resources for videos, images, simulations and assignments specific to Life Sciences, including a Public Health Image Library and a PowerPoint image bank.Enhancing OER textbooks and assignments with Libraries of Life from the ASU Natural History CollectionsFramework for analyzing a Copyright Problem and a Fair Use Worksheet to help you evaluate the materials used in your course.OER Webinar on March 17 from 12-1pm with Jenni Hayman at EdPlus. To attend, go to https://connect.asu.edu/oer. Signing up to support the "Women in Science and Engineering" Edit-a-thon on April 8 from 1-4:30pm. SOLS will work to update and develop a number of Wikipedia pages (seen here) dedicated to the field of life sciences. Sign up today! Other Resources:Coursera: Copyright for Multimedia, Duke University, Emory University and the University of North Carolina at Chapel HillIntroduction to Open Educational Resources by Jenni Hayman, Teach OnlineOpen Professionals Education Network (OPEN)
Amy Pate & Peter Van Leusen
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<span class='date ' tip=''><i class='icon-time'></i> Mar 17, 2016 09:02pm</span>
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[Post by Arden Rose, Account Manager at GeoMetrix Data Systems Inc.]
The International Society for Performance Improvement’s annual conference is the world’s premier learning opportunity for organization performance and workplace productivity.
This conference is designed for those who work in talent development, human resources, learning, instructional design, and other performance fields.
"Learn valuable strategies for creating meaningful improvement throughout all your people, processes and organizational challenges. THE Performance Improvement Conference of 2016 brings you the thought leaders and innovative solutions that are helping to shape the performance improvement industry within an intimate, engaged and open community."
For more information visit: ISPI
Justin Hearn
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<span class='date ' tip=''><i class='icon-time'></i> Mar 17, 2016 08:02pm</span>
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[Post by Greg Gammie, Implementations Manager at GeoMetrix Data Systems Inc.]
Written by John Boudreau, the article is subtitled, HR’s constituents are eager to see the profession step up to big future challenges. Is HR ready? Professor and research director at the University of Southern California’s Marshall School of Business and Center for Effective Organizations, Boudreau is the author of "Transformative HR: How Great Companies Use Evidence-Based Change for Sustainable Advantage."
Boudreau begins by stating, "The dilemma facing human resources’ constituents is captured in a vignette, a chief human resources officer once told me that described their first meeting with their leadership team chaired by the CEO." He then provides findings from investigations of the expectations of CEOs and board members.
To read the article, visit What Should CEOs Expect from HR at Talent Management
Justin Hearn
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<span class='date ' tip=''><i class='icon-time'></i> Mar 17, 2016 08:02pm</span>
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Well check out the latest video from our creative content team which shows how the Incentive8 review differs from other ‘technology reviews’, invariably based on a form of ‘self-assessment tool’. It’s no secret that the majority of colleges and independent learning providers are not yet realising the benefit of using appropriate learning technology to ‘manage’ […]
Collin Gallacher
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<span class='date ' tip=''><i class='icon-time'></i> Mar 17, 2016 08:02pm</span>
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"I’m thinking of doing some coaching in a few years and helping people make decisions around food and nutrition", I was told the other day by a young man working in a shop. My advice was to start a blog: now. While he had no intention of freelancing for the near term, he needed to get his thoughts in order. A blog is a good place to do this over time. You can start slow. The process builds over time. My early blog posts were pretty bad but they helped me see what ideas I could revisit and build upon. And it took time.
If you even think you want to be self-employed as a knowledge worker offering some kind of service, then start working on it now. You should also be saving money if you can, but investing your time is a cheap investment that may pay significant dividends.
You will practice your writing skills in public, and most likely force yourself to get better
You will develop half-baked ideas that might turn into lines of business, like PKM did for me, which I originally wrote about in 2004.
You may meet some interesting people with whom you can learn more.
There will be greater chances for serendipitous encounters.
You blog posts will give you something tangible upon which to reflect.
While freelancing requires a lot more than just writing ideas on your blog, it can be a solid foundation upon which to build the ideas for your new business. The best time to start is now.
Further Reading
on the net without a net
Harold Jarche
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<span class='date ' tip=''><i class='icon-time'></i> Mar 17, 2016 07:02pm</span>
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Know your audience! This is drilled into our heads whether you are an instructional designer, technical writer, or content writer. However, we often forget about what our audience wants and needs because we get caught up in our own cleverness.
We have a lot of information that is really interesting and want to share it all with the audience.
We have a great new idea for a layout that is unique.
We thought of an activity that is fun and educational.
That feeling of excitement over our brilliance is great, but we need to stop, step back, and evaluate our brilliant idea. Hold it up to your audience and ask the two important questions - Is it what the audience really wants? And do they need it?
Don’t forget your audience … ever.
The folks at eLearning Mind wrote an article on the importance of understanding your audience when developing gamification.
Jennifer Yaros
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<span class='date ' tip=''><i class='icon-time'></i> Mar 17, 2016 12:02am</span>
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You’ve heard all the online marketers say it before: the money is in the list. Some marketers (we won’t name names) have even referred to their lists as their personal ATM machines. Just to be clear, we aren’t advocating referring to your list as your personal ATM machine, but there is definitely a lot of truth in the expression.
The reason marketers say that the money is in the list is simple. Without a list of email subscribers (people who have given you their permission to communicate with them), selling your online course - or any product or service, for that matter - is tough. Having an email list of highly targeted prospects for your business gives you the power to generate immediate revenue whenever you promote (within reason) a product to them.
But what if you have a small list? Or what if you have no list at all? How will you market your online course, and more importantly, generate sales? The answer: by working with Joint Venture partners.
How to find #JointVenture partners to promote your online course. #teachonlineClick To Tweet
So what exactly is a Joint Venture partner?
Joint Venture partners (also called JV partners, promotional partners, or affiliate partners) are people or organizations that have an email list of people who are in your target market, and who agree to promote your online course to their list in exchange for a commission or percentage of sales. You provide the product. They provide the list. You split the sales. It’s a win-win for both parties, and that’s why they are so effective.
In this article, we’re going to show you how to find suitable Joint Venture partners to promote your online course, how to approach them, and how to work with them successfully. We spoke with a LOT of experts on this topic, so you’ll find their insights sprinkled throughout this article.
Now, before we show you how to implement Joint Ventures into your course marketing strategy, let’s talk about why Joint Ventures are so powerful.
Note: We’ve created a workbook for you to download and print out to help keep track of all the steps in this post. Working with partners is a long process, so it helps to have a tracking document like this. Get it here.
Benefits of working with a Joint Venture partner:
In addition to generating revenue from your online course sales, there are several other benefits that make working with Joint Venture partners such a powerful marketing strategy. In no particular order, here are some of those benefits:
1. You don’t need an audience
The most obvious benefit of working with a Joint Venture partner is the exposure to their audience. In order to sell your online course, you need an audience to promote it to. More specifically, you need a targeted audience, one that is actually interested in your course topic. It wouldn’t do you much good to promote your dog training course to a bunch of cat owners. You need to get your course in front of the right people.
Building an audience is a lot of work, and it definitely doesn’t happen overnight. So if you have an online course, but you don’t have an audience (ie. a targeted email list of potential buyers), working with a Joint Venture partner is your best option.
We asked Sol Orwell, the Co-Founder of Examine, to share his insights with us. Here’s what he told us about the benefits of working with Joint Venture partners:
"At the end of the day, marketing is about distribution and exposure. Joint Venture partners give you access to an audience that you normally would not have access to." Tweet this.
2. You don’t have to spend money on advertising (free exposure)
With most Joint Venture partners, you don’t pay anything upfront to work with them. Instead, you pay them a percentage of the sales that are generated when you sell your online course to their audience. So basically, when they promote you to their audience, you’re getting free exposure.
You only pay your Joint Venture partner if sales are made. And since you’re paying them with money that you earned from the sales (sales that you would not have received otherwise), you’re not spending any money out-of-pocket. The money you keep after paying them their share is pure profit.
If you have an #onlinecourse but no audience, find a #JointVenture partner who does. #teachonlineClick To Tweet
3. It helps you to build your list
Working with a Joint Venture partner is also a great way to build your email list. For example, if you host a webinar together (more on that later), you end up collecting the email addresses of everyone who registers for your webinar. Even if those people aren’t able to attend your live webinar, because you have their email addresses you can send them a link to your webinar recording and/or add them to your email newsletter.
4. You get to leverage the trust they have with their audience
Building a large email list, and more importantly, earning the trust of that email list is not easy. It takes a lot of time and effort. That trust that a Joint Venture partner has with their list is exactly why you want to work with them. When they promote you to their list of people who trust their recommendations, that trust gets transferred to you, making them more likely to buy from you.
We spoke with Iman Aghay, Founder of Success Road Academy and the creator of Ultimate Course Formula about this. Here’s what he had to say about the transfer of trust that occurs when a Joint Venture partner promotes you:
"Joint Venture partners are lending their credibility to you, so you become credible. Although their audience doesn’t know you, they know the partner. And because they trust the partner, they trust you." Tweet this.
5. Higher conversion rate than paid advertising
When compared to spending money on advertising to promote your online course to an audience that doesn’t know you (aka cold traffic), the conversation rate of your marketing will likely be higher when it comes from a Joint Venture partner. Why? Because the people who are directed to your website trust the person who sent them there. So in that sense, using a Joint Venture partner to promote your online course can often be more effective than using paid advertising.
Here is what Iman Aghay told us about the impact referrals from a Joint Venture partner can have on conversion rates:
"You can see the difference in the conversion rate on your landing page. For example, let’s say you’re running an ad on Facebook and you’re getting a 15-30% conversion rate. Most likely, if you run a similar piece of marketing to the same landing page but through an affiliate, you will get a 60-70% conversion rate, because when a person lands on your landing page through an affiliate, they already trust you. They already know that somebody else is vouching for you. Anybody can put an ad on Facebook, but not everybody can build a relationship with a partner." Tweet this.
6. You can work with as many Joint Venture partners as you want
Another great thing about this strategy is there is really no limit to how many times you can use it. As long as the person you partner with has an audience that would likely be interested in your online course, and you are not in direct competition with them, you can work with them.
We spoke with Matt McWilliams, an Affiliate Manager who has helped numerous entrepreneurs and online course creators execute successful product launches including Lewis Howes, Jeff Goins, Peter Voogd, Ray Edwards, and others. The word he used to describe this benefit was scalability:
"The biggest benefit is scalability. There are only so many Facebook Ads or LinkedIn Ads or SEO that you can do. Everybody has a ceiling. There’s a finite amount of people that you can reach on your own. But if you’re working with JV partners, that limit is much higher." Tweet this.
The Bottom Line: Distribution + Credibility
As you can see from the benefits we listed above, the impact that working with Joint Venture partners can have on your business is hard to ignore. But if we had to summarize all of those benefits into two words, those words would be distribution and credibility.
We spoke with Dana Severson, the Director of Marketing at Promoter, and distribution and credibility were the exact words he used to describe the main benefits of working with Joint Venture partners:
"The two biggest benefits that I look for in any partnership are distribution (how many new people can I reach?) and credibility (does the association improve our social proof?)." Tweet this.
6 reasons why #JointVenture partners are a great way to promote your #onlinecourse. #teachonlineClick To Tweet
Where to find potential Joint Venture partners:
Now that you know why working with Joint Venture partners is so powerful, let’s discuss how to find them. Here are a few places that you can find a potential Joint Venture partner to help promote your online course:
1. Your network:
The first place that you should look to find a potential Joint Venture partner is your existing network. These are people who already know, like and trust you. Who do you know that has access to your target audience? Who do you know that could refer you to someone who does?
Reaching out to your personal network is a strategy that Matt McWilliams recommends as the starting point for finding a Joint Venture partner:
"Start with the people you know, especially the ones that are in your niche. Those are going to be the best people to work with." Tweet this.
2. Your Existing Customers or Email List
Your existing customers and/or list of email subscribers can be a great place to find a Joint Venture partner because these are people who have already purchased your product or service (or at the very least, consumed your content), and are familiar with what you do and what you offer. Some of these people likely have access to your target audience, or are able to introduce you to someone who does.
We spoke with Sohail Khan, the world’s premier Joint Venture Expert and the co-author of Guerilla Marketing and Joint Ventures with the late Jay Conrad Levinson. Sohail has generated millions of dollars for himself and his clients using Joint Ventures. Here’s what he told us about leveraging your existing customers to find your next Joint Venture partner:
"Your existing mailing or customer list is one of the best places to find potential JV partners. Why? Because your customers have already done business with you. They know you, they know your business and they probably have a relationship with you. They will trust you and follow your recommendation if you’ve built a good relationship with them and you’ve only sold and endorsed quality products to them." Tweet this.
3. Bloggers:
Do a Google search to find blogs related to your course topic. Many bloggers do not have their own products or services to sell to their audience, but would be happy to promote your online course to their readers if they think it is something that they would be interested in. You could even give a blogger free access to your course before you ask them to promote it, so that they know exactly what they would be promoting to their audience.
According to Iman Aghay, people will sometimes choose to promote you simply because your content has value to their audience, and not necessarily because of the money they stand to make when their audience buys from you:
"People are willing to promote you for reasons other than just making money. There are affiliates who are actually looking for your content. The reason they’re promoting your product is not because of the money that they are going to make, but because of the content that you have." Tweet this.
4. Podcast Hosts:
Search for podcasts related to your topic on iTunes. You can also check the New and Noteworthy section and the What’s Host section for the categories most related to your topic. Make a list of the podcasts that serve your target audience, and head over to their respective websites to get in touch with their hosts.
Pat Flynn, for example, hosts a top ranked business podcast called the Smart Passive Income Podcast. Although Pat does not personally have any courses about creating passive income online, he has a very large audience that is interested in the subject. For that reason, Pat will often become a Joint Venture partner for the guests on his podcast who have an online course that his audience is interested in.
To give you an example, shortly after appearing as a guest on Pat’s podcast in 2015 to discuss creating and selling online courses, David Siteman Garland and Pat hosted a webinar together. Pat invited his audience to attend the webinar where David shared his insights on creating and selling online courses. At the end of the webinar, David pitched his course called Created Awesome Online Courses to the attendees, and split the sales revenue with Pat. It was a win-win for everyone involved. David acquired more students for his course, Pat made money, and Pat’s audience got to learn about a specific strategy for making passive income online.
Here is a screenshot of the Registration Page for the webinar they did together (they used LeadPages to create this):
5. Authors:
Take a look at the bestsellers list on Amazon for the categories that are most related to your course topic. Your goal is to find books your target market is buying. You can also search for books using the main search bar to see which books appear in the results. Make a list of all the authors that have written books about your topic (or related topics), then head over to their website to get in touch with them.
6. Other Online Instructors:
Other online instructors can be great Joint Venture partners because they already have an audience of people who have purchased an online course. The key with this strategy is to search for online courses that complement your course topic but are not your direct competition. Once you find a course that fits this criteria, contact that course’s instructor. Course marketplaces such as Udemy and Lynda are great places to search for online courses.
David Siteman Garland (Create Awesome Online Courses), for example, will often promote other people’s online courses to his students. In early 2016, David promoted a course called Your First 10,000 Readers by Nick Stephenson. Many of David’s students are authors who are interested in learning how to build their email lists. Since list building is not a topic that David personally teaches, doing a Joint Venture with Nick Stephenson made perfect sense. Once again, it was a win-win for everyone involved.
Here is a screenshot of the Registration Page for the webinar they did together:
7. Facebook and LinkedIn Group Owners:
Search for groups about your topic on Facebook and LinkedIn. Find out who created each group and send them a personalized message and contact request. Facebook and LinkedIn Groups are great places to do market research for your current and/or next online course. Consider becoming a member of those groups so you can participate in the discussions.
8. Conferences and industry events:
Search for conferences and events related to your course topic and get in touch with the host of those events. If you can, meet them in person (a face-to-face interaction is more personal than an online interaction). Anyone who organizes an event is likely to have several hundred, maybe even several thousand people in their database that are interested in the same topic.
Matt Astifan, host of a Vancouver-based Meet Up group called Internet Masterminds, for example, often becomes a Joint Venture partner for people who have online courses related to internet marketing. He sometimes invites those people to speak at his event, or alternatively, he co-hosts a live webinar with them where they sell their online course to his audience and split the sales revenue with him.
8 ways to find a #JointVenture partner to promote your #onlinecourse. #teachonlineClick To Tweet
How to reach out to a potential Joint Venture partner:
Once you’ve put together a list of potential Joint Venture partners, the next step is to reach out to them. But before you do, you need to understand something very important.
Asking someone to promote your online course is basically asking for a favor. So unless they know you personally, or you’ve helped them with something in the past, they may not be comfortable promoting your online course to their audience (an audience that they’ve likely worked very hard to earn the trust of).
Asking someone to promote you is asking for a favor. Help them before you ask for help. #teachonline…Click To Tweet
Add value to a potential Joint Venture partner before you pitch them
Instead of pitching someone who doesn’t know you straight out of the gate, spend some time to add value to them first. Comment on their blog. Subscribe to their email newsletter. Attend one of their webinars. Share their Tweets. Buy their product. Leave a positive review for their book or podcast. Refer a client to them. Attend their live event. You get the idea. The point is to get their attention by supporting their work.
This is the approach that Michael Ugino, Co-Founder and CMO of Sellbrite, recommends:
"Follow their work, understand their message, and if possible get an intro from a trusted medium." Tweet this.
When you support someone else’s work first, they are much more inclined to support yours when you ask them to. The goal here is to build a real relationship. It’s easier to ask a friend for a favor than it is to ask a stranger. Here is what Sohail Khan told us about building relationships with potential Joint Venture partners:
"Help them out with something. Find something about their business, their website, their ad copy - whatever - that could use a little help. Make sure it’s something that you actually have experience with. Do this without being insulting in any way and you will have just made a new friend. Build on that friendship and keep on helping each other out. When the time comes for you to bring up a proposal, they’ll be all ears and 90% of the time, it’s going to happen." Tweet this.
You should also check to make sure that the person you reach out to doesn’t have an online course that competes with yours. You want someone who has an audience that would most likely be interested in taking your online course, but who is not your competition. Your course should complement what they are already providing to their audience.
For example, if someone has an online course that teaches people how to become a freelance graphic designer, and you have an online course about Adobe Photoshop, then your course complements theirs, it doesn’t compete with it. In that scenario, it would be appropriate to reach out to them.
Working with Joint Venture partners that provide a complementary service to the same target audience has worked out well for many entrepreneurs, including Devesh Khanal, the Founder of a conversation optimization consultancy. Here is what he told us about working with Joint Venture partners that serve the same customers:
"For agency work, Joint Ventures have been great for sourcing leads. The #1 problem for most agencies is getting in front of more target customers. A great way to do this is to find other companies that already have your target customers and form a partnership. Most businesses can find these ideal partners - companies that serve the same customers in a complimentary way. For example, an SEO agency and a PPC agency." Tweet this.
Send a personalized email to each potential Joint Venture partner
Once you’ve built a relationship with a potential Joint Venture partner (or have at least gotten their attention by supporting their work), the next step is to email them.
When you send a potential Joint Venture partner an email, it needs to be a personalized email that you wrote specifically for them. Sending a personalized email is very important. If your email comes across as a generic email template that you send to several people, you probably won’t even get a response from them.
Here is what Jason Quey, a Growth Strategist for Content Marketer, said to us about sending emails to potential Joint Venture partners:
"While I use social media to get on their radar, I always want to send them an email. This allows a more personal connection without the distractions of another tweet, Facebook message, or any other notification." Tweet this.
Introduce yourself to them (tell them who you are, who you serve and how). Compliment their work and prove to them that you’ve actually done your homework by mentioning specifically why you appreciate what they do or how their content has helped you.
Next, tell them you have an online course that you think their audience would be interested in and that complements the products and services they are already selling. Tell them you would like to discuss the possibility of doing a Joint Venture together and ask them to get in touch with you if they are interested.
Always send a #JointVenture partner a personalized email. Generic emails rarely get a response.…Click To Tweet
Keep in mind that the purpose of this first email is simply to peak their interest and start a conversation. It is not to ask them to promote you right away. As Dana Severson pointed out to us, it takes a bit of courting to get some to agree to finally agree to do a Joint Venture with you.
"Depending on the size of the company, you may need to court them over time. Find the right contact, follow them on social channels, respond to their posts — basically just create a relationship. When the time is right, email them with a short, but compelling pitch. Sell them on the value you bring them." Tweet this.
Schedule a meeting
Once you’ve heard back from a potential Joint Venture partner, we recommend scheduling a phone call (or Skype call) with them. A phone call is more personal than an email, giving you the chance to build rapport with them as you work out the details of working together. An in-person meeting is even better, but in most cases a scheduled phone call will suffice.
If you decide to work together, it is best to outline the details of what you discussed together in writing. This will help prevent any misunderstandings from happening later on. Here is what Jon Tavarez, the Founder of Vantage Internet Group, told us about verbal agreements:
"Verbal agreements don’t matter. Make written agreements that are very simple and transparent." Tweet this.
Psst: Keep track of who you’ve reached out to and what needs to be done to start the partnership with our free workbook -
How to work with a Joint Venture partner:
There are many ways to structure a Joint Venture, but since your goal here is to sell your online course to their audience, our recommendation is to host a live webinar together. A live webinar gives you the chance to add value to their audience by sharing some of your best content with them upfront. Then, at the end of the webinar, you pitch your online course to the attendees.
Webinars are a separate topic from Joint Ventures, but if you’d like learn more about them then check out our article The Complete Blueprint To Selling On Webinars.
When it comes to co-hosting a webinar with a Joint Venture partner, there are essentially 4 main steps involved in the process that you should discuss with your prospective partner before you agree to work together:
1. They promote the webinar to their email list
The first step involved in this process is for your Joint Venture partner to send an email to their list to invite them to your webinar. Make it really easy for them to do this. Provide them with specific email copy to send to their list (subject line, bullet points, webinar details, etc.) along with a link to your webinar registration page. Provide them with at least 2 or 3 emails to send to their list (an initial webinar invitation email, along with some reminder emails).
According to Matt McWilliams, it’s best to work out all the details of the webinar and the responsibilities (including email communication) of your Joint Venture partner several weeks in advance:
"A big mistake we’ve made in the past is not getting the stuff that partners need to them well in advance. Swipe copy, logins to affiliate centers, all the important dates, contest details, etc. Get all that to them weeks in advance. Your partners’ lives don’t revolve around your launch. Give them everything in advance so they can schedule it." Tweet this.
2. You build your email list as people register for the webinar
In order to attend the webinar, people will need to register for the webinar using their email address. You’ll need to set up a Registration Page for your webinar. We recommend giving away a free resource (an ebook or a PDF guide, for example) in exchange for registering. Make sure your Joint Venture partner knows that promoting your webinar to their list is going to help you build your list, and that they are okay with that.
After someone registers for your webinar, they should receive a confirmation email along with a series of reminder emails leading up to the webinar. After the webinar is over, be prepared to send a link to the replay to all registrants (many online courses sales come from webinar replays). Email communication with webinar registrants is typically your responsibility.
3. You host a live webinar together where you sell your course
Although some Joint Venture partners will want to simply email their list the invitation to your webinar and not actually host the webinar with you, we highly recommend encouraging them to co-host the webinar with you. They don’t have to stay for the whole thing, but if they are able to personally introduce you to their audience at the beginning of the webinar, this will help to increase sales since that personalized introduction will edify you to their audience.
Don’t leave it up to your Joint Venture partner to decide how they introduce you to their audience on the webinar. At a minimum, you should provide them with a one paragraph bio that helps to position you as an expert on your topic before you begin your presentation. Also, make sure your Joint Venture partner is aware of the technology you will be using to host the webinar. It’s a good idea to have them show up early so you can quickly test the audio, video, and screen sharing capabilities before the presentation begins.
Most importantly, make sure you deliver an EPIC presentation to your Joint Venture partner’s audience. Provide them with a ton of value upfront, and then transition confidently into presenting your online course. According to Iman Aghay, not being able to do those two things is actually insulting to your Joint Venture partner:
"When I’m hosting a webinar for a person, there are two things I expect them to be able to do: show up professionally and deliver amazing content to my list, and at the end of that webinar, convert a lot of people on that webinar to their program. It’s insulting to an affiliate if you ask them to host a webinar for you if you can’t provide great value to their audience and you can’t close at the end." Tweet this.
4. You split the revenue from course sales with them
Agree on a revenue split ahead of time (we recommend doing a 50/50 split). Clarify how and when your Joint Venture partner will be paid. If you’re using Thinkific to sell your online course, we’ve made it super easy for you to handle this. All you have to do is add a new user to your course (using their name and email address), add them to your course’s affiliate program, and then input the amount they are to be paid for each sale. When you host a webinar together (and when you email the replay to the registrants), use their affiliate link so you can track all sales that come directly from their audience.
Friendship first. Business second.
As we wrap up this article, we would like to stress one more very important point, and that is that the key to making a Joint Venture partnership work is to invest the necessary time and effort to build a relationship first.
Yes, it is wonderful when someone promotes you to their audience and you both make money when you sell your online course. But getting there doesn’t happen overnight. Be prepared to spend several months building a relationship with a potential Joint Venture partner before they agree to promote you. This is a long-term strategy, one where building real relationships with influencers in your industry will eventually pay off.
The key to making a #JointVenture work is to focus on building a relationship first. #teachonline Click To Tweet
We spoke with Yaro Starak, a highly successful business blogger who recently generated over $100,000 in sales of his blogging course in a two week period with the help of his Joint Venture partners. He reminded us of the importance of having a "friendship first, business second" mindset. Here’s what he told us:
"Start reaching out to Joint Venture partners and affiliates 6-12 months before you launch your online course. The biggest affiliates have a schedule. They plan in advance who they are going to promote. If they don’t know you or you give them short notice, they probably won’t promote you. You have to build a relationship with them first. Make friends. Then, when the time is right, you can talk to them about promoting you." Tweet this.
Ready to use Joint Ventures to sell more online courses?
Well… that’s it! You are now officially equipped with more information about using Joint Venture partners to promote your online course than 99% of the online instructors out there. The big question now is what will you do with your newly acquired superpower?
Before you go, make sure you download our free Joint Venture worksheet. You can use this worksheet to help plan out your Joint Venture marketing strategy and keep track of your communication with each prospective Joint Venture partner you reach out to.
The post How To Use Joint Venture Partners To Promote Your Product appeared first on Thinkific.
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<span class='date ' tip=''><i class='icon-time'></i> Mar 16, 2016 11:05pm</span>
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A terms of use, privacy policy and other legal language is probably the last thing you are thinking about when you’re putting together an online course. But at some point, you need to add this to your website or your online course site. In this episode of Teach Online TV, we explain what it’s all about.
Some of the things that you’re going to work into your terms of use or your privacy policy, would be things like trademark and intellectual property protection, access to the course, things like limiting your liability.
If you’re promising to teach people things, you might want to let them know that they may not get the results that they want. There’s no guarantee that they’re going to achieve the results that you’re sharing in your course, especially if you are teaching people how to make money or save money, or get a job. You want to be limiting that liability so you are saying, if you don’t get the results that we promised in this course, that’s not on us.
So it can be important to have some of this language in your online course site. That would go into the terms of use, and then the privacy policy is usually about how you are using their personal information or, more likely, how you are not using it and limiting how you’re going to be using it to just contacting them, and whether or not you’re going to sell their information to third parties.
Now for us, when we collect people’s personal information, we’re not selling it to third parties or sharing it with third parties, but that’s up to you what you put in your terms of use and privacy policy.
Now you can find a lot of examples online for these things, but I have taken the liberty of putting together a couple for you. I am a lawyer but I am not your lawyer and I’m not giving you legal advice here, but I have pulled together a couple of examples that you might find helpful as a starting point. You may want to have your lawyer review them, or if you fancy being your own lawyer, you can just make some modifications to the examples we’ve provided below and do what you wish with them for your own online courses.
This is the Privacy Policy I used for my personal online school, Alphascore - Alphascore Privacy Policy.
And this is the Terms of Use - Alphascore Terms of Use.
I hope you find it helpful and that it helps you build your online course business.
The post Teach Online TV #19: Privacy Policies and Terms of Service For Your Online Course appeared first on Thinkific.
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<span class='date ' tip=''><i class='icon-time'></i> Mar 16, 2016 11:02pm</span>
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