Private Label Rights Part 2
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Private Label Rights Part 2
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Infamous Question #4:
What Ways Can I Profit from Resell Rights products?
Answer:
There are many ways to profit from resell rights products. The first way, of course, is to simply resell the product. However, there are ways that you can realize even more profits. It just takes a little thought and creativity.
When you sell the product, have an additional product or products to sell as an upsell or backend product. For instance, sell the resell product at 39.95, then have an upsell, or a related product, that you offer either on your order page for an increased price, such as 49.95 or 59.95. Your upsell could even be a membership website, for which you would collect monthly membership fees from your customers.
You can also advertise a backend product on the thank you page. This is a product that is offered after the purchase of the original product is made, for a different price. Backend products can cost more than the original product, the same, or even less.
You can also profit more from your
resell rights products by repackaging it, including more products, and raising the value of the package - which in turn raises the price. If you have master resell rights of the product, which allows you to sell the resell rights as well, you can create a nice package of various related products and sell resell rights to that package as well.
You could even simply sell the product, or give it away if you are allowed to do so, in order to use a squeeze page to collect quality leads. A large list of quality leads opens many profitable doors. For instance, you could enter into joint venture deals to sell high ticket products to your list, or rent your list out to other companies for a fee.
However, before you start using various methods for increasing your profits with resell rights products, it is very important that you read your license agreement to be certain that you are not in violation of any of the terms.
Infamous Question #5:
What Should I Look for in a Product before Purchasing Its Rights?
Answer:
Before you purchase resell rights, you need to do some research to find out whether purchasing the resell rights will be profitable for you. Not all resell rights products are worth having.
First, take a look at the product itself. Is it a quality product? Even though your name is not on the product itself, your name will be associated with selling the product, and you don't want to sell junk. So, make sure that the product does what it promises, and that it is indeed of value.
Next, you need to research the market. Is there a market for the product? An easy way to find out is to do a search in Google using keywords that potential customers would use to search for the product. Look at the sites that are advertising similar products.
The sponsored ads are the ones you are interested in. People and companies do not continually spend money advertising products that are not selling. If money is being spent on advertising, then there is a market for the product. Also look at related magazines to see if money is being spent on advertising.
Read the license agreement before making the purchase. If it is not available to you without purchasing first, walk away. You want to check the license to make sure that you can market the product effectively, using methods that you know work.
You want to know if the sales letter converts, but you also may want to make sure that you are allowed to change the sales letter as you see fit.
Also see if you can find out how many people are currently reselling the product. Is the market flooded? Remember that 90% of the people with resell rights either won't be reselling the product, or they don't know how to effectively market the product.
After you've looked at all of these issues, and answered all of these questions, you will know whether you should purchase the resell rights product or not. If the product has profit potential, it's worth buying.
Infamous Question #6:
Where are the Best Places to Search for Quality Products to Resell?
Answer:
With so many products with resell rights on the market, it's hard to choose which ones are worth the cost. There are, however, ways to find quality products to sell, if you know where and how to look.
First, look for products that do not have resell rights. These will typically be the most profitable, if there is a market for the product and you know how to market it, simply because there are no resell rights offered. The idea is to contact the product author and ask for exclusive resell rights to the product.
Some product authors will say no, and some won't respond at all - but when a product author does respond and says yes to your offer, you may have found a goldmine. Make sure that you get the agreement in writing and signed before you start marketing the product.
If you are purchasing resell rights for products that you simply come across that offer such rights, remember to do your research first - before making the purchase. Make sure that there is a market. Read the license agreement to make sure that you can market the product effectively. Make sure that you check out the product to ensure that you will be offering your existing or potential customers a quality product as well.
Infamous Question #7:
How do I market a Resell Rights product?
Answer:
Resell rights products offer you the ability to sell your own product, without actually creating one. While this gets you past one hurdle - the creation of a product - you still have another hurdle to face. How do you market a resell rights product?
The first and best option is to market the product to your mailing list. If you do not have a mailing list, build one. There are various ways to do this, but the quickest way to build a list is to offer a free product, which is advertised with pay-per-click or through other people's lists. When the prospect arrives at the site to receive their free gift, they must fill in their name and email address, and give you permission to email them in the future.
Pay-Per-Click advertising can be used for more than list building, however. You can also use pay-per-click to market your resell rights product. Google AdWords is one of the best pay-per-click programs in existence today, but there are many other options, including Yahoo Search Marketing.
You can also purchase advertising in related newsletters, which are also called ezines. This is a very effective way to market a product, and it is a tried and true method. You can find quality newsletters by doing searches in the ezine directories online.
Article marketing is also very effective. You simply write articles that relate to your product, or have them written for you, and submit them to the various article banks, allowing others to read them and use them for content for their newsletters and websites, for free. At the bottom of your articles, add a resource box, which is essentially an 'about the author' paragraph, which should include a link to your sales page.
You can also joint venture with people who have large mailing lists. Just make sure that their lists are made up of people who will be interested in your product. It doesn't make sense to market football products to a mailing list that is mostly made up of women who are interested in recipes.
Reseller Tips:
How to Compete with Other Resellers in the Marketplace
How can you compete with other resellers who are selling the exact same product for the exact same price to the exact same market? It's actually easier than you might think!
First, remember that 90% of all people who hold the same resell rights license that you hold either won't market the product at all, or won't market it correctly. This essentially means that only 10% of those who have
resell rights to the same product are in competition with you. However, it really doesn't matter how competitive the market is or how many other resellers there are for the same product. When it is all said and done, the only thing that really counts is how the product is marketed - how it is presented to the market.
The first thing you must do is set yourself apart from the pack. Don't concern yourself with what others are doing. Do your own thing. Do what works. Start by making the product as different as your license will allow you to. Change the package to include bonuses that others are not offering. Also change the sales letter. Make it completely different, and more effective than it already is.
Once you've changed the product and the package as much as you are allowed to, it is time to see what others are doing, to an extent. For instance, if you plan to market using Google AdWords, see what keywords your competitors (other resellers) are bidding on, and what they are paying. Either pay more, or bid on different, more targeted keywords.
For example, if you are selling an information product on weight loss, don't use weight loss as your keyword, or any other common key words. Instead, use weight loss for men, or weight loss for women over 40. Narrow your market as much as you possibly can. You can bet that the majority of your competitors will not be using such care in choosing keywords!
Warm Regards,
Mike Jones
Infamous Question #4:
What Ways Can I Profit from Resell Rights products?
Answer:
There are many ways to profit from resell rights products. The first way, of course, is to simply resell the product. However, there are ways that you can realize even more profits. It just takes a little thought and creativity.
When you sell the product, have an additional product or products to sell as an upsell or backend product. For instance, sell the resell product at 39.95, then have an upsell, or a related product, that you offer either on your order page for an increased price, such as 49.95 or 59.95. Your upsell could even be a membership website, for which you would collect monthly membership fees from your customers.
You can also advertise a backend product on the thank you page. This is a product that is offered after the purchase of the original product is made, for a different price. Backend products can cost more than the original product, the same, or even less.
You can also profit more from your
resell rights products by repackaging it, including more products, and raising the value of the package - which in turn raises the price. If you have master resell rights of the product, which allows you to sell the resell rights as well, you can create a nice package of various related products and sell resell rights to that package as well.
You could even simply sell the product, or give it away if you are allowed to do so, in order to use a squeeze page to collect quality leads. A large list of quality leads opens many profitable doors. For instance, you could enter into joint venture deals to sell high ticket products to your list, or rent your list out to other companies for a fee.
However, before you start using various methods for increasing your profits with resell rights products, it is very important that you read your license agreement to be certain that you are not in violation of any of the terms.
Infamous Question #5:
What Should I Look for in a Product before Purchasing Its Rights?
Answer:
Before you purchase resell rights, you need to do some research to find out whether purchasing the resell rights will be profitable for you. Not all resell rights products are worth having.
First, take a look at the product itself. Is it a quality product? Even though your name is not on the product itself, your name will be associated with selling the product, and you don't want to sell junk. So, make sure that the product does what it promises, and that it is indeed of value.
Next, you need to research the market. Is there a market for the product? An easy way to find out is to do a search in Google using keywords that potential customers would use to search for the product. Look at the sites that are advertising similar products.
The sponsored ads are the ones you are interested in. People and companies do not continually spend money advertising products that are not selling. If money is being spent on advertising, then there is a market for the product. Also look at related magazines to see if money is being spent on advertising.
Read the license agreement before making the purchase. If it is not available to you without purchasing first, walk away. You want to check the license to make sure that you can market the product effectively, using methods that you know work.
You want to know if the sales letter converts, but you also may want to make sure that you are allowed to change the sales letter as you see fit.
Also see if you can find out how many people are currently reselling the product. Is the market flooded? Remember that 90% of the people with resell rights either won't be reselling the product, or they don't know how to effectively market the product.
After you've looked at all of these issues, and answered all of these questions, you will know whether you should purchase the resell rights product or not. If the product has profit potential, it's worth buying.
Infamous Question #6:
Where are the Best Places to Search for Quality Products to Resell?
Answer:
With so many products with resell rights on the market, it's hard to choose which ones are worth the cost. There are, however, ways to find quality products to sell, if you know where and how to look.
First, look for products that do not have resell rights. These will typically be the most profitable, if there is a market for the product and you know how to market it, simply because there are no resell rights offered. The idea is to contact the product author and ask for exclusive resell rights to the product.
Some product authors will say no, and some won't respond at all - but when a product author does respond and says yes to your offer, you may have found a goldmine. Make sure that you get the agreement in writing and signed before you start marketing the product.
If you are purchasing resell rights for products that you simply come across that offer such rights, remember to do your research first - before making the purchase. Make sure that there is a market. Read the license agreement to make sure that you can market the product effectively. Make sure that you check out the product to ensure that you will be offering your existing or potential customers a quality product as well.
Infamous Question #7:
How do I market a Resell Rights product?
Answer:
Resell rights products offer you the ability to sell your own product, without actually creating one. While this gets you past one hurdle - the creation of a product - you still have another hurdle to face. How do you market a resell rights product?
The first and best option is to market the product to your mailing list. If you do not have a mailing list, build one. There are various ways to do this, but the quickest way to build a list is to offer a free product, which is advertised with pay-per-click or through other people's lists. When the prospect arrives at the site to receive their free gift, they must fill in their name and email address, and give you permission to email them in the future.
Pay-Per-Click advertising can be used for more than list building, however. You can also use pay-per-click to market your resell rights product. Google AdWords is one of the best pay-per-click programs in existence today, but there are many other options, including Yahoo Search Marketing.
You can also purchase advertising in related newsletters, which are also called ezines. This is a very effective way to market a product, and it is a tried and true method. You can find quality newsletters by doing searches in the ezine directories online.
Article marketing is also very effective. You simply write articles that relate to your product, or have them written for you, and submit them to the various article banks, allowing others to read them and use them for content for their newsletters and websites, for free. At the bottom of your articles, add a resource box, which is essentially an 'about the author' paragraph, which should include a link to your sales page.
You can also joint venture with people who have large mailing lists. Just make sure that their lists are made up of people who will be interested in your product. It doesn't make sense to market football products to a mailing list that is mostly made up of women who are interested in recipes.
Reseller Tips:
How to Compete with Other Resellers in the Marketplace
How can you compete with other resellers who are selling the exact same product for the exact same price to the exact same market? It's actually easier than you might think!
First, remember that 90% of all people who hold the same resell rights license that you hold either won't market the product at all, or won't market it correctly. This essentially means that only 10% of those who have
resell rights to the same product are in competition with you. However, it really doesn't matter how competitive the market is or how many other resellers there are for the same product. When it is all said and done, the only thing that really counts is how the product is marketed - how it is presented to the market.
The first thing you must do is set yourself apart from the pack. Don't concern yourself with what others are doing. Do your own thing. Do what works. Start by making the product as different as your license will allow you to. Change the package to include bonuses that others are not offering. Also change the sales letter. Make it completely different, and more effective than it already is.
Once you've changed the product and the package as much as you are allowed to, it is time to see what others are doing, to an extent. For instance, if you plan to market using Google AdWords, see what keywords your competitors (other resellers) are bidding on, and what they are paying. Either pay more, or bid on different, more targeted keywords.
For example, if you are selling an information product on weight loss, don't use weight loss as your keyword, or any other common key words. Instead, use weight loss for men, or weight loss for women over 40. Narrow your market as much as you possibly can. You can bet that the majority of your competitors will not be using such care in choosing keywords!
Warm Regards,
Mike Jones




