The party tries to choose someone who will complement the presidential candidate and help them win the election. This might be someone who can carry a big state that the candidate is weak in. It might be someone who is popular in an area or with a group of people who do not strongly favor the presidential candidate. It might a person who has solid experience and might be attractive to independent voters. Good debating and campaigning skills are very valuable. There also may be political considerations within the party that need to be considered. If the nomination is hard-fought , it may be wise to offer the losing candidate the number two slot in order to ensure the strong support of his supporters in the upcoming campaign.
Lately, the party conventions have often let the presidential candidate name his running mate and personal likes and dislikes have seemingly become a major factor in making the choice on some occasions.
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In the US, the presidential and vice-presidential candidates for a party are announced at the party's respective convention. Both the Democratic and the Republican ones occured in fall of 2008.
Congressional Caucus.
Advisors select and choose a vice president.
to serve as a co-president
Do the voters elect electors not the presidential candidates