Joint Venture Guide

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Welcome to Joint Venture Guide

 

Maruti Suzuki Joint Venture Article

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How to Propose a Joint Venture Project

from:

You will meet many amazing people as you work your way through the World Wide Web and learn your way around your niche. You may be interested in attempting joint ventures with many of these great people you meet. The problem for many is that they never get beyond the point of interest. Many times it is out of a fear of rejection but on occasion it is simply a matter of not knowing how to go about approaching someone and pitching a possible joint venture project.

It sounds incredibly intimidating—especially to someone that has never done this before. It doesn't have to be nearly as intimidating as you make it out to be though. You just need to learn the right approach to make. Before you get too deep into the possible approaches you could use it is important to remember that not all approaches will work with all potential business partners. It's a good idea to get to know a little about the person you are pitching to before you head to the mound.

Some things to keep in mind when pitching joint ventures to potential business partners are listed below. Keep them in mind and you should have a head start on the competition.

1)Be brief. This lets person know that you value their time as much as your own and aren't interested in wasting either. It's a good sign and a great start. Make sure you leave them wanting more. Curiosity is an excellent motivator that is often underrated and underutilized.

2)Let them know how your proposal can benefit them. Sad to say but true. We live in a world where the bottom line matters. If you can present the project or proposal in a manner that shows them their benefit from the very beginning you've won half the battle already.

3)Offer them the opportunity to contact you for more information. Don't overload them with details but leave an invitation for them to contact you with questions. If they contact you with questions, this is an excellent sign and means that they are at least interested in the project. If not, there could be many reasons. Always remember to be kind and thank them for their time.

4)Create a sense of urgency. Don't go high pressure on them, but turn their tactics back in their direction. Let them know that you are interested in potential partners and that you are trying to get the project under way as soon as possible. A perceived sense of urgency will do one of two things: it will encourage them to give you an answer immediately or it will send them running for the hills. However, true Internet marketers are well aware of how well this ploy works when it comes to making sales and it will give them a little bit of confidence in your ability to market the product.

The absolute best thing you can do when approaching potential joint venture partners is be yourself, offer a solid plan for product creation and distribution, let them know how your product can help them, and make them curious about you and the product you offer.



Maruti Suzuki Joint Venture Specific links

Maruti Suzuki Joint Venture News

Suzuki Seen Better Fit for Fiat as Ties With Tata Founder - BusinessWeek


Moneycontrol.com

Suzuki Seen Better Fit for Fiat as Ties With Tata Founder
BusinessWeek
Maruti Suzuki India Ltd. (MSIL), the Suzuki-controlled venture that's India's biggest carmaker, sold 855730 cars in the country in the year ended March 31. In 2006, Fiat and Suzuki began selling a sport-utility vehicle that they jointly developed, ...
Fiat Weighs New Plan for IndiaWall Street Journal

all 25 news articles »

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Suzuki cozying up with Fiat? - Autoblog (blog)


Suzuki cozying up with Fiat?
Autoblog (blog)
Sales of the joint-venture vehicles have declined by more than 20 percent year-on-year. The Fiat-Tata union isn't binding, and talk has now centered around Fiat snuggling up with Suzuki. Suzuki has a huge position in Asia, Suzuki-Maruti being India's ...

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Suzuki Seen Better Fit for Fiat as Ties With Tata Founder - Bloomberg


Bloomberg

Suzuki Seen Better Fit for Fiat as Ties With Tata Founder
Bloomberg
Maruti Suzuki India Ltd. (MSIL), the Suzuki-controlled venture that's India's biggest carmaker, sold 855730 cars in the country in the year ended March 31. In 2006, Fiat and Suzuki began selling a sport-utility vehicle that they jointly developed, ...

Read more...


Fiat to reshape India joint venture with Tata - CBS News


Zigwheels.com

Fiat to reshape India joint venture with Tata
CBS News
Fiat and Tata have had a joint venture since 2006 that has produced some 190000 cars under the Fiat and Tata brands and 337000 powertrains for the Indian domestic and export markets. The joint venture also produces diesel engines for Maruti Suzuki.
Fiat, Tata to Rework Alliance in IndiaWall Street Journal (blog)
FIAT and Tata revise India joint venture agreementsAgenzia Giornalistica Italia
Fiat and Tata Motors end distribution pact in IndiaEconomic Times
Zigwheels.com
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Union leader, who alleged bribe offer from Maruti Suzuki to end strike, sacked - Hindustan Times


The Hindu

Union leader, who alleged bribe offer from Maruti Suzuki to end strike, sacked
Hindustan Times
SPIL is a joint venture between Maruti and Suzuki of Japan and supplies diesel engines and transmissions to the car manufacturer. “Singh was being investigated for his role during the labour unrest and it was found that he had instigated the protests,” ...
Maruti to cut components' indirect import cost by 5%mydigitalfc.com
Maruti Suzuki refutes alleged bribery reportsjust-auto.com (subscription)

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