What is JV?

Malaysia
March 18, 2011 12:01pm CST
I always see this short form JV on some article regarding internet marketing or other making money stuffs. But I don't really know what it stands for and what it means.. Can you please tell me? JV means? JV Stand for?
1 response
dknkyle
@dknkyle (446)
• Singapore
18 Mar 11
It means 'Joint Venture'. Joint Ventures are actually people who venture with you in such as way that they sell your products for you and in return they earn a certain amount of commission for the sales they made. Most of the J.Vs in Internet Marketing earns huge percentage of commission for every sales referred, the percentage can range from 50% to 75%, depending on the products and the business owners. So I hope this answer your question.
IanVastal
@IanVastal (88)
• Malaysia
20 Mar 11
In another words, they are affiliates?