Joint Venture Agreement

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Each of our clients have individual needs. Cost of the products vary.  The following sample shows the basic distribution in most Joint Venture Agreements with Stardust Broadcasting.

Responsibilities of Client:

  • Remit negotiated fee to Stardust Broadcasting for marketing and production.
  • Agree not to sell the product on any electronic media at a lower price during the duration of this agreement.
  • Assume all legal responsibility for quality and defects of the product/service.
  • Be responsible for product shipping or provide Stardust with product for shipping to TV buyers.

Responsibilities of Stardust:

  • Produce a 60 second direct response television commercial.
  • Provide the following fulfillment services:
    • 1-800-number for inbound calls.
    • Credit card services at 5% of total sale if provided by Stardust. Optionally, client provides the credit card service.
    • Weekly client sales reports.
    • Shipping and Handling of all merchandise to the customer unless the client provides fulfillment.
  • Pay client cost plus 50% of net profits each week based on sales during the period.
  • Place commercial on national networks.

Sample Exhibit With Customer Handling Fulfillment and Credit Card Processing

Retail Price of product...........$15.00

S/H paid by customer..............$ 4.95

Total price of product................$19.95

Cost of the product....................$3.00

1-800 inbound call......................$3.00

Total costs of product.................$6.00

Net Profit of product....................$9.00

Net Profit of each sale to client (50%)and Stardust (50%)= $4.50

* Client is responsible for S/H and retain the S/H amount

 

          

For more information contact Stardust Broadcasting

1-720-891-1804 or mediaton@msn.com


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