If you’re new to the affiliate marketing game, you’ve probably heard a lot about PLR. You’ve also heard how much value it holds for aspiring marketers. In this article I will explain how to make money with PLR.
Generally speaking, resell rights are very much what one would suspect from the terms themselves. It means that once you have purchased a given product, you will be able to resell that product to others. There are several types of resell rights that you must be aware of. The most common resell produces are eBooks and various pieces of software.
However, the resell rights field is open to a wide gamete of products and services.
A commonality among most resell right packages is that they will not allow the purchaser to alter the product. It is important that if you decide to purchase resell rights for a certain product, you read the disclaimers carefully.
The following paragraphs will provide an overview of what resell rights are, the benefits of becoming a reseller, how to use resell rights, and some tips on where to get started in the resell rights market. The goal, of course, is to assist you in making the greatest profit margin possible. There are many ways to go about marketing and selling resell rights products, but the fact of the matter is that not all of them are effective. That’s why I have compiled some basic facts and tips to guide you along the path to success.
The Benefits of Becoming a Reseller
No need to create the product
One of the greatest benefits of becoming a reseller is that you don’t have to take the time and energy involved in creating a product.
That’s in itself is worth the price of the resell rights to a product. It’s also the easiest way to make money with PLR.
Most entrepreneurs spend the majority of their time and money in creating and perfecting a product. By buying the resell rights to a product, you get to skip the hardest and most expensive stage of getting a product to the market: development. Often you will save time, energy, and money in purchasing resell rights as opposed to trying to create and develop your own product.
It can literally take thousands of dollars to get a good product up and running. That does not include the time the owner spends, without getting paid of course, calculating, designing, and planning the product and its release. All that is done without even the certainty that the product will be successful and marketable. That is why reselling can be such an advantage. You can take an already successful product and make a profit off of it. Working in tandem with an affiliate can quickly become a win-win for both parties as well.
100% profits – no need to split sales like affiliate marketing.
Another benefit of becoming a reseller, and a big one, is profit.
By purchasing the resell rights, you don’t have to split sales like in affiliate marketing. The profit is 100%. That makes the entire financial side of the equation much simpler. It can be so frustrating to have to divide up the product a million and one ways. With the resell rights in hand, all the profits go directly to the owner of the resell rights. That turns out to be a pretty sweet deal for the owner of the resell rights.
I am exposing the truth about the profitability of resell rights and their products. If you are not working in tandem with an affiliate, the profits are truly %100 yours. If you happen to be working in tandem with an affiliate, then the profits will be split between you.
Whatever the case may be, the profit margin is extremely high for resell rights in comparison to other methods of product selling.
The Different Types of Resells Rights Products
There are four basic types of resell rights: resell rights, master resell rights, private label rights, and giveaway rights. Each one of these includes their own inherent advantages and disadvantages. For the purpose of this article, I will focus on PLR or Private Label Rights which is the most common one used.
Private Label Rights
With private label rights, you may not only resell the product, but you also have the option to edit the content or the product and claim it as your own work e.g. you would become its author. This is common in the ghostwriting market, where you can put your name to copy and change it up to your liking and take full credit. This is a great way to get known by name on the web. A note of caution is that you should know what you are attaching your name to. Do not endorse or sign anything that is not up to your quality standards. Once you put your name on it, it is your neck on the line.
The biggest advantage to private label rights is that you can have other people do most of the work and you put your name on it. Again, quality control is key. Using PLR allows you to get brand recognition without the hours spent writing and revising copy. It may take some time to make the copy fit your style, but overall this is one of the best resell rights deals out there.
Where to find Resell Rights Products
The World Wide Web
There are several places where you can find the various types of resell rights products. The most common in today’s high tech world is, of course, the internet. The Web provides instant connections to millions of buyers and sellers. It is the single most powerful tool in both e-commerce and commerce in general.
While most readers may think that this is a given place to look, where to look on the Web is an entirely different story.
Knowing the right places to look can save you hours of endless searching on the web. That is why I recommend two primary places to look for resell rights products: through classified websites and through various search engines.
Here are a few recommended sites you can download resell rights products from:
Unstoppable PLR – NitroWealth
A leading provider of private label rights products you can resell.
View a catalogue of the products by clicking here.
Another excellent site with great quality PLR products.
Check out their catalogue here.
How To Make Money With PLR Products
Package/bundle a few products on the same topic
One of the best ways to make money with PLR products is to package several products of the same topic. Consumers love it when they see that they are getting more for their money. The best way to do this is two fold: create general bundles and then create niche specific bundles. For example a general bundle might be about health and fitness, while a specific bundle might be about digestive cleansing products. See the difference? You will target a more general search and the other will target a very specific search. Working together these two types of bundles are very effective ways of profiting from PLR products.
A bundle is more appealing to a customer because it holds the promise of more satisfaction and lends itself towards the customer feeling that he or she got a “good deal”. This is a great win-win situation for both parties.
Use it as a bonus for your own product
This is pretty simple, you offer the resell rights as a “bonus” for purchasing your service or product. This helps you to stand out from the millions of internet based businesses and will increase your sales. It is an economic fact that when consumer see that they can get something for “free”, they are more likely to buy. An important caveat here is that you do the math yourself to ensure that you will be getting your expected profit margin. If you normally sell a product and its resell rights separately, say one for $25.00 and the other for $20.00 respectively, it would be expedient to raise just a bit the price of the product if you are going to offer the resell rights for “free”.
In the end the customer will still get a great deal and you will get to enjoy the profit.
Use it to build your mailing list
What you can do here is offer the resell rights in exchange for the customer signing up for your newsletter. Make sure to have a congruent product in the ezine that goes with what is advertized on your website. That way customers will not be surprised by what they see in their inbox the next week and then automatically put you in their junk mail box.
This is essentially a numbers game, the more people you have on your mailing list the more people that will follow the links from your emails to your website. The point here is to create as many potential customers as possible. If they are getting something for free just for signing up, they are more likely to return and purchase something from you latter on.
The selling of resell rights, especially Private Label Rights can be a great way to make money online. However, it is also a formal business that one must know about before jumping in head first. There are several types of resell rights that you can sell or package with your product: resell rights, master resell rights, private label rights, and give away rights, all of which have their own advantages and disadvantages.
Getting started in the PLR business can be intimidating at times. That is why I compiled a simple list of 20 tips that can help you get started down the road to success by selling resell rights products. Looking at what others have done, knowing the climate of the market, doing your research and knowing your limitations are just a few of the tips that were discussed. The important thing now is that you are able to take those tips and apply them to your business plan.