Joint Ventures are very similar in aspect to Drop Shipping.  The primary difference is that in a Joint Venture, as a "partner" of ours you would have say in how your products appear on the website.

The actual definition of "Joint Venture" is somewhat vague, but here is how we see it here at B&G Internet Marketing Consultants.

 A project undertaken by two or more parties to achieve a mutual objective.

Today enterprises are increasingly taking part in joint ventures to gain substantial new business opportunities in The USA and abroad. These ventures come in many varieties. Some are collaborations of large enterprises; others combine the talents of smaller local firms; and some are alliances of foreign and local partners both large and small. Does the possibility of forming a joint venture open up new opportunities for your business?

Each partner in a joint venture is there for a reason. Some bring needed technical know-how or financial clout. Others are attractive because they know the local environment. They come together to take advantage of opportunities that may be unattainable for them individually.  Firms seeking to expand into the Canadian or overseas markets often go the joint venture route, using their technical expertise as the passport to admission.

Why the sudden popularity of joint venturing? As more firms look across international borders for opportunities to expand their business, joint ventures take on an added appeal. Joining forces with an organization in a new market may provide just the expertise or distribution channels your organization needs to succeed internationally.

Governments are turning to the private sector to manage public works projects. In response, firms of different sizes are forming consortia to bid on contracts they could not win individually.

Local content requirements are also a catalyst for joint ventures. Consortia that include local enterprises stand a better chance of winning bids for major government-regulated projects, such as the Hibernia energy development. And where a project crosses state / national boundaries (e.g., Bluewater Bridge), often the successful bid includes firms from each state.

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