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What is Co-opetition?
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Charles Lewis
webmasterwebprozone.com
The WebProZone
http://www.WebProZone.com
"What is Co-opetition?"
By Charles Lewis
Saving money is a key issue when promoting your on-line business.
And, as you may or may not know by now, I have yet to spend a
single penny on paid advertising. Amazingly, I have built a substantial
on-line income (about $50,000 per year) from nothing. My site
receives over 30,000 visitors per month, and the traffic just
keeps on building with the passing of time.
As you read the following paragraphs, please keep in mind that
I am not opposed to paid advertising in any way, shape, or form.
I just don't use it, because I prefer not to.
Thinking of ways to build my business on a $0 budget keeps my
brain working 24/7 (yes, believe it or not, I often dream about
this stuff), and I will never have to worry about losing money
on an ad. Call me crazy, call me stupid -- but please... don't
call me lazy. Do we have a deal? Good. Let's get right down to
business.
## Fundamentals of Co-opetition
Co-opetition is a combination of the words 'cooperation', and
'competition.' This term is often used among search engine optimization
specialists when referring to the trading of links between two
competing web sites. In my mind, however, co-opetition means
a great deal more than your basic everyday reciprocal linking.
Co-opetition, in it's most basic form, is the trading of ads
between two web sites or eZines. If you don't have an eZine,
or your web site receives little to no traffic -- what do you
do?
Compensate.
Yes, compensate for your lack of traffic or subscribers with
sheer brainpower. There is a solution to every obstacle you will
come across on-line, and overcoming it is almost never a simple
task.
If you haven't guessed by now, my favorite Internet marketing
strategy is (drum roll, please) Co-opetition. There are literally
thousands of eZine publishers and webmasters out there, just
like you, and many of them are desperate for an extra source
of income. Think of a way for your competition to make some money
from your idea, and you have a strong foundation on which to
build. A word of caution...
Don't be greedy.
Convincing a webmaster or publisher to join in on your plan is
more difficult than it may seem. People with a high volume of
opt-in subscribers and/or traffic are not stupid. It is plainly
obvious that he or she did not get where they are by making poor
decisions. Make your idea easy to implement. Offer an overwhelming
number of benefits. And most importantly, don't be overly self-promoting.
People like to hear about themselves -- not you.
Your e-mail will be ignored by the great majority of those you
contact. Half the time, your e-mail will "slips through the cracks"
(or so they will tell you, when questioned). The only way to
deal with this, is by simply being helpful and persistent. Do
something to save your potential partner time and money. Everyone
has their own skill. Use it to be of help to your co-opetition,
and create a business relationship that may very well last a
lifetime.
In order to persuade others to join you in co-opetition, you
must bend over backwards. A difficult task? Yes. Incredible results?
Yes. Can you do it? Yes. But, the real question is this: *Will*
you do it?
The choice is yours to make.
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