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Joint Ventures and Alliances for Worksite Marketing

Worksite marketing is a competitive marketplace. Distribution remains the scarcest commodity in the market, and carriers often compete for the same worksite distributors. Part of the competitive playing field is offering the products that distributors want and need to sell. But what if you are a carrier and your distributors want a product that you can't (or won't) manufacture? Many carriers turn to outsourcing as a means of providing the needed products.

The Joint Ventures and Alliances for Worksite Marketing study gathered data from both carriers and those representing outsource partners. The study explores the current and potential opportunities from both participants' perspectives in an attempt to answer a number of questions including:

Why do companies outsource or joint venture with other companies for

products?

  • What are the critical success factors?
  • When do joint ventures and marketing alliances make sense?
  • What are the potential sources of help?
  • Why do companies manufacture for others?

By knowing the answers to these questions, worksite carriers will be able to determine how (or if) joint ventures or marketing alliances make sense for them.

Order Info: Joint Ventures and Alliances for Worksite Marketing is available for purchase for just $1,200. To purchase a copy, you can email Eastbridge at info@eastbridge.com or call (860) 676-9633. Published 2004.

Table of Contents

1. Executive Summary

A. Study Objectives

B. Methodology

C. About this Report

D. Key Findings

E. Recommendations

 

2. Joint Ventures between Carriers*

A. Joint Ventures Defined

B. Why "Outsource" Product

C. Why Manufacture for another Carrier

D. Prevalence of Joint Ventures

E. Products

F. Nature of the Agreements

G. Terms of the Agreements

H. Reason(s) for Selecting Carrier

I. Due Diligence

J. Product Administration and Billing

K. Producer Compensation and Incentives

L. Advice for those Considering a Joint Venture

3. Other Alliances and Agreements

A. Other Alliances and Agreements Defined

B. Services Provided

C. Why Use an Outsource Partner

D. The Product Manufacturing Process

E. Nature of Agreements

F. Disadvantages of Using an Outsource Partner

G. Ideal Carrier Partner

H. Due Diligence

I. Advice for those Considering Outsourcing Product Development

4. Appendix

A. Joint Venture/Alliance Tools

1. Initial Screening Review

2. Sample Requirements