- builds larger audience worldwide
- Increases the advertising efficiency
- considerably decreases marketing expenses
- increases sales revenue
- increases brand recognition
- the emphasis is only on a combined marketing plan
- creates the opportunity to reach other partner’s local markets in a non-competitive manner
- All companies secure their financial and marketing goals
- It is generally a risk-free partnership
Joint Market Development
Joint-venture marketing that may be known as strategic alliance or co-marketing is a strategic solution between two or more companies to capture a bigger share of their market. The companies under a joint-venture marketing combine their marketing tools, including human resources, advertising, tenders and fairs participations, databases, market research, local and regional sales and support offices, etc. The strategy has proved very successful and is now one the best practiced marketing solutions among businesses and organizations worldwide. The power of joint ventures may overwhelm the competition chances of non-participating parties in a specific market, and sometimes local federal laws try to delimit this power. Moreover, joint-venture marketing plans are generally risk free because the participating companies only share in the success or failure of the marketing programs and do not get involved in the individual parties’ liabilities or management, therefore, all parties work hard to ensure the success of venture.
Advantages:
LaserPhoton Group, as a professional technology group, has built its main business strategy on Joint- Venture solutions. Accordingly, we have been continuously expanding our network of valued and professional technology developers and distributors among laser technology, electro-optical, opto-mechanical and electronic communities.
LaserPhoton Group warmly welcomes marketing partnership with interested parties for trading, marketing, supplier and distribution, and technology development companies. The purpose of our joint ventures has been developing local and international marketing cooperation. We believe this strategy could greatly benefit our parties. Our group members have contributed to developing their co-parties to enter local and national tenders and get connected to government and big organization’s supply chain.
LaserPhoton Group would like to invite you to join this opportunity today. Please feel free to contact us to negotiate the terms of our cooperation and to begin a new perspective towards our respected instruction’s’ interests.
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