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Resale Rights Tips
What's With All The Resale Rights?
If you haven't been into Internet marketing for very long, you may have seen
a lot of talk about resale rights. Now, if only it ended there, things would
be very simple. However, when you have terms like resale rights, master resale
rights and private label rights, and enough variations to choke a horse,
it's easy enough to get confused and not know which end is up. Well, in this
article, we're going to give you some simple explanations of what all these
resale rights are. Hopefully, by the time you're done reading this, you'll
at least have a decent idea of what the main difference is between the various
rights you can get.
The simplest of all resale rights is just that, simple resale rights. That
is where you have a package or product and the creator of the product gives
you permission to sell the product for him, taking a commission for yourself.
The product's price is set by the creator. You can't sell it for anything
other than the price that he states. You also can't make any changes to the
product in any manner shape or form. You can't put your name on it. Basically,
you are just an affiliate of the product. In most cases, you're not even
allowed to create your own sales pitch page. You simply send visitors to
the main site with your affiliate link and get credit for any sales that
come through that link. Those are simple resale rights.
Next we have master resale rights, which are a lot more flexible than just
simple resale rights. With master resale rights, you can put the product
up with your own sales page. You can sell it for any price that you like,
though in some cases the owner will give you a lower limit to how much you
can sell it for. This keeps people from selling a $97 product for $5. However,
you can't make any changes to the product or put your name on it. In some
cases, the owner will allow you to pass on master resale rights to others.
This will be clearly marked in your agreement.
Finally, we have private label rights, which are the most flexible of all
rights packages. With private label rights, you can basically do anything
you want with the package unless restrictions are specifically stated. With
a private label rights package, you can actually change the content of the
package itself. Creators will give you the original source code in order
to be able to do this. Essentially, you can create a whole new package from
this. You can put your name on it, you can sell it for anything you want,
you can even give it away if you so desire. You can package it with other
private label rights packages. If the creator does have any restrictions
at all, he will state these upon sale of the package.
The above explanations are simplified and in all honesty, not 100% accurate
all the time because of liberties that creators take with the rights that
they issue with their products. But for the most part, these descriptions
are very close to what you will actually get with each type of resale right.
Are Private Label Rights Dead?
Private label rights, at one time anyway, were very popular. This is not
to say that they still aren't, as many people don't have the time or skills
to create their own products. But with all the private label rights out there
and the insane prices that some of them are being "given away" for, you have
to wonder if private label rights packages aren't going the way of the dinosaur.
This article is going to take a look at the issue and make a few guesses,
based on facts, perceptions and just some gut instincts. After reading this,
you will hopefully come to your own conclusion.
Let's start with the facts. Private Label Rights are huge. There are quite
a large number of PLR sites out there that constantly provide material for
people to use as their own. The amounts of material are staggering. This
brings up one very important question. How good can all of this stuff be?
Certainly I am not saying that all of it is bad, or even a large part of
it, but when you go from one site to another and see 45 books on the art
of article writing, you have to wonder either one of two things. One, either
some of these books are garbage, or two, many of them are all the same. In
which case, you have to ask, do we need them all? I have personally read
several books on article writing. For the most part, they all teach the same
basic system. Imagine that hundreds of these books started coming out because
somebody issued PLR rights to his own book.
Here's what I picture happening, as there are only so many people on the
Internet to get all this stuff. Eventually, all these books will have circulated,
people will realized that they're all the same, taken from the same basic
PLR original, for lack of a better word, and they'll simply stop buying them.
This will be especially true as the prices of these books come down. Why
will they come down? Because with such a glut of supply on the market, vendors
will realize that they will practically have to give these PLR products away
or they won't be able to sell them. The law of supply and demand doesn't
just apply to the real world.
Another problem with PLR rights is that there are a lot of people out there
who simply don't play by the rules. They'll take a package that they don't
have PLR rights to and they'll rewrite it as their own and sell it as a PLR
package. This thing will start to circulate and eventually the original creator
will see what was done and he'll be on the phone with his lawyer before you
can say Jim Dandy. The mess of legal problems that will certainly arise because
of bogus PLR products will definitely make buyers wary of purchasing these.
I have personally been burned by an illegal PLR product and because of this
will never purchase another one again.
Does this all mean that Private Label Rights are dead? Maybe, maybe not.
But it certainly is something to consider if the bulk of your business is
creating these products.
How To Make The Most Out Of Private Label Rights
For those of you who are interested in getting into the private label rights
business, there are a few things you'll want to know before taking this beast
on. Private label rights can be very profitable or they can be a total dead
end street if you don't handle them properly. In this article, I'm going
to give you some tips to give your private label rights package a fighting
chance. Hopefully, after you are done reading this, you'll have a good solid
foundation on which to build your private label rights business.
The first thing you want to do is find out what your competition is doing.
This means you have to see what the other PLR products on the market are.
You can then go in one of two directions. You can cater to the masses and
just create products that are like all the ones out there, figuring that
if it's already selling then yours will too, or you can come up with something
completely original. If the idea itself has a demand, but hasn't seen light
of day in the PLR world, you might just come up with something that will
make you a mint. You may also come up with something that totally bombs.
With anything new, there is always risk.
After you have decided what it is you want to do, you have to put it together
as professionally as possible. This means having a table of contents, if
it's a digital product, or a users guide if it's a piece of software. You
don't want to just throw this together haphazardly. Part of putting together
a professionally looking package is to make sure that you have a nice looking
ebook cover. It's been determined beyond any doubt that products with ebook
covers sell better than those without.
After your product is all put together, you're looking to distribute it.
Now, if it's a digital product and you have affiliate links inside, one of
the best strategies for distributing this package is to give it away. This
may sound crazy, but if you do this, you will probably get more of them out
in the market than if you sell it. There is a good chance that many of the
copies given in this manner will bring you an income because of the affiliate
links. Profiting from free PLR products is a very common practice.
If you do decide to actually sell your product, make it at a price point
that will make it easy to sell. It doesn't matter how much you think it's
worth. If you price things above a certain price point, usually over $100,
they become very difficult to sell. So make things easy on yourself. Price
your product to sell.
Finally, make sure you include a rights file with your package. The last
thing you want is for people to do things with your package that their not
supposed to do. A rights file won't stop them, but it will give you the legal
ammunition to make life very difficult for them.
Just these few tips should give you a solid direction for you and your private
label rights product.
How To Decide Which Rights Are Best For You
You've already made up your mind that you want to do something with resale
rights. However, with all the different resale rights packages out there,
you're not exactly sure if you want to go with just regular rights, master
rights or private label rights. Well, hopefully, this article will point
out some of the pluses and minuses of each and in so doing, will make it
easier for you to decide which direction you want to go in.
The simplest of the resale rights packages is just plain resale rights, or
as most people commonly call it, affiliate marketing. This is where you take
a product that somebody made and simply promote it as an affiliate. This
requires the least amount of work on the affiliates part. You don't need
your own web site. All you have to do is send people to the sales page and
you get credit for each sale. Theoretically, with simple resale rights, you
can find a product and be selling it within minutes. It doesn't get any easier
than this.
The downside of simple resale rights is that you have no control over anything.
The creator can change the price, change the sales page and even discontinue
selling it and there is nothing you can do about any of it. You are totally
at the mercy of the creator. This is not a position you want to be in with
100% of your products if you intend to make a steady income online.
With master rights, you have none of the restrictions of regular resale rights,
but you also have to put in a lot more work. To sell somebody else's product
via master resale rights, you have to put up your own web site, especially
if you want to change the pricing of the product, provided that you are allowed
to do that. Some master rights specifically say that the product has to sell
for a certain amount. Selling a master rights product is more work than just
being an affiliate.
Finally, there's private label rights. With PLR, you have no restrictions
at all, unless they are specifically designated in the rights file. The problem
with PLR products is that you are totally in control. This means you are
also in control of possibly turning a great package into a piece of garbage.
Remember, with PLR products, you can make any changes you want. You can even
completely redesign the whole thing with your own ideas. While this may turn
it into a better product, it may also ruin it completely. PLR products are
absolutely the most work of all. However, you can make a lot more money with
PLR products that you can as just an affiliate because it becomes your product.
As you can see, there is good and bad with all resale rights packages. So
you need to weigh the pluses and minuses and decide which is best for you.
In the end, you need to decide if you want to put in more work for more money
down the road, or less work now to make the quick score, even if you don't
make as much.
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