The Resell Rights Gold Mine
Other than creating your own products in order to join the
herds of increasing business online crowd, there are also other
easier ways to have an immediate Internet business established.
So what do you need in order to join the Resell Rights business?
It is very easy(really mean it..), which is to have a domain
name - able to get one easily from Yahoo for $2.99 or namecheap
for $8.88, it depends on which you prefer, a hosting, most
preferably a paid one - important, and a fully-functional
website.
There are tons of hosting out there, and to name a few
midPhase(free domain name), lunarpages(free domain name as
well), bluehost, or GoDaddy are the better ones.
These are almost the basic requirements of a successful
affiliate, but don't be mistaken - Affiliates and resellers are
different.
Affiliates don't need to have any other startup costs other than
the basic requirements above, but resellers - yes. Resellers
will need to purchase the rights to a product owned by the other
people, but they can resell the products and keep 100% of the
profits instead. For affiliates, they only receive a percentage
of commissions from their sales. Usually, purchasing the rights
to resell a certain product can cost 3, 5 or even 10 times more
than its normal price.
The few stages of Resell Rights:
* Basic Resell Rights You can sell the product, but not your
customers.
* Master Resell Rights When you have a master resell rights
product for sale, you can resell it to your customers, and so
can they with the same product. This means that when you
purchase a Master Resell Right, your customers get to sell the
same item as well.
* Private Label Rights These are really popular. Why is it so? -
If you purchase a private label right of a product, you get to
change the contents of the product any ways you want, produce it
under your name, anything! Basically, you can treat it as though
it's your production.
Prices for a private label right is much higher than any other
rights. Of course, everyone knows it(it's common sense!).
* Give Away Rights As clear as it sounds, you may give away the
product to anyone you want! Instead, you can't sell or edit the
product in any ways.
Usually give away rights works well with viral marketing -
people give their work out for publicity.
* Rebranding Rights This product works almost the same as a
product with give away rights, but you are able to edit part of
the contents to benefit yourself on publicity as well. Most
probably, you can only edit the sponsored names, website URL and
affiliate links.
How can you profit from a resell rights business at its peak?
You definitely need your opt-in lists. In fact, the most
important thing for an Internet Marketer is his or her lists of
subscribers. Some Internet Marketers who own 100,000 to 200,000
subscribers(also called leads) doesn't even need to actually
work anymore. What they do everyday is just providing their
subscribers or leads with some useful information, real life
news, stories, and build a closer relationship with them.
When they found a good product or item, easily they can send an
email out and endorse it, earning commissions through the
affiliate links. Well as for a reseller, you do the same, but a
little bit different. When there are products that you think is
interesting and is worth to be "told" to your subscribers, you
purchase the resell rights to it and usually, sell them to your
subscribers at a better offer.
Most Internet Marketers will usually purchase much more resell
rights to the other products then combine them together, selling
all of them at a cheaper price in a bundle. Sometimes the price
can even be more expensive for up to ten times if you purchase
them separately, that is why tons of people would rather
purchase the products from resellers in a bulk.
Nevertheless, it is not always a must to sell all of them
together. Many resell rights have the same looks and same sales
page and you can change that. By writing your own or hiring a
copywriter to craft a much more compelling sales copy for the
resell product, you can increase the response a lot more.
As for digital products like e-books or software, you can design
a whole new e-book cover or software box instead of using the
given one that comes with the resell rights. As the saying goes
"in the valley of the blind the one with an eye is the king."
727 words
Now being a reseller is really sometimes easier than anything.
When new resell rights which seems attractive are being sold,
people will just need to purchase the rights to them, compile
them, and next ready to be sold in a single sales copy. Search
for joint venture partners, offer them a higher percentage in
commissions, request them to endorse your offer and that's it.
Being any Internet Marketer, it is always better to take hold of
every opportunity you can earn money with. When you successfully
sell a product to a customer, try and sell him or her another
product right on your Thank You page. Basically the idea is
"since you're my customer and you purchased a product from me,
here's a great offer specially for you at an incredible special
price." It's a very good way of having a back-end sale.
That's not all, to urge customers into pulling out their credit
cards for the Thank You page item, most Internet Marketers will
also make it a one-time offer - this will be shown only one
time, you won't see it again. If the customers are interested
they'll get it, if not, there's no harm at all.
There are many ideas of earning money as a reseller and you can
always apply it for your own. The Internet business market is so
huge that you can choose from these varieties of business styles
that suits yourself. From starting your own Internet business
selling your own product, earning commissions from affiliate
programs and being a reseller - make the best decision for
yourself and get started!