What can I do from home to make money?Resale rights are AWESOME! They are one of the best things to ever happen to Internet marketing and thousands of people have made a fortune or at least a good living from resale rights.
There are two basic ways to make money with resale rights:
• You can either buy resale rights to someone else’s product which will give you the right to sell it to the end user and keep 100% of the profits.
• Or, you can sell resale rights to other people who want to have rights to sell a product and keep 100% of the profits.
And that is the two basic ways you can make money with resale rights. So what’s so awesome about that?
First of all, if you don’t have time to create your own products, you have no experience, you are lazy, or you simply want to get started with making money on the internet as soon as humanly possible, you can simply buy resale rights to a product (which will usually come with a ready made sales letter and graphics), upload the product to the Internet and BAM! You’ve got your own online business!
Basically, buying resale rights allows a person to start their own online business in under a day … in fact, it can take as little as an hour!
Ok, so with resale rights one can start an online business almost instantly. But that is just one of the many reasons resale rights are so awesome. I’ve covered making money by buying resale rights, but what about selling them?
Believe it or not, selling resale rights can be even more profitable than buying them! Here’s why…
First of all, because resale rights are the absolute easiest and fastest way to start an online business, A LOT of people are buying resale rights. In fact, most people that buy resale rights usually buy resale rights to more than one product. And why not?
Instead of buying resale rights to just one product and setting up one online business, why not buy a whole bunch and set up a lot of businesses? And that is exactly what a lot of people that buy resale rights do.
Ok, so resale rights are HOT and a lot of people are looking to buy them. So that’s one reason to start selling resale rights. But in my opinion, the main reason why selling resale rights is so darn great is because of the price you can sell them at.
You can sell resale rights for anywhere from just $10 to over $1,000! So it allows you to have a high priced item that is actually a hot seller.
And that is a great way to make a lot of money. All the big names in Internet Marketing make big bucks selling high ticket items. $97 eBooks, $197 software, and even $997 DVD courses. And unless you are already an expert you probably don’t have the experience and knowledge to create such high priced products.
But with resale rights you can!
Because when you sell resale rights, you are not selling an eBook or course. You are not teaching people how to do something, no, what you are doing is actually selling a business that people can actually start making money with!
And in most cases, giving somebody a business they can actually make money with is a lot more valuable than simply telling them how to create it themselves. Plus, it’s a hell of a lot more appealing as well.
What Can I Do From Home To Make Money–>The Different Types Of Resale Rights
As you may already know, there are many different kinds of resale rights that you can buy or; sell.
Here are the main types:
- Resale Rights:This gives you the right to resell a product to an end user. This can apply to both physical and digital products. Where a digital product is concerned, you resell the product and keep 100% of the profits without losing the enjoyment of the same product as digital products are duplicable in nature.
- Basic Resale Rights:You have the right to resell the product but your customer does not have the right to resell it to another. You keep 100% of the profit after every sale you make.
- Master Resale Rights:You have the right to resell the product as well as the Basic Resale rights itself to your customers. Your customers can in turn resell the same book to their customers. The Master Resale rights can either be bundled together with the purchase of the product or purchased separately from the product.
- Private Label Rights:This is the mother lode of all resale rights! Buying Private Label Rights usually give you the right to change the product in any way you like, put your own name on it, sell resale rights or even master resale rights to others and basically use and treat the product as it were your own creation.
- Give Away Rights:You can give the product away for free. In most cases, however, you cannot resell and/or edit it.
- Royalty Rights:You have to pay the original product author or franchisor a percentage of every sale made by you. This right normally applies to physical products. McDonald’s and books found in bookstores are very good examples that demonstrate this right.
At times you can purchase a product and it will automatically come with either resale rights or master resale rights. Other times, you purchase the product and the resale or master resale rights separately. In either case, once you have some type of resale rights to a product, you may then begin making sales and you get to keep 100% of the profits.
This is just like having a product of your own. The only difference is that you are not authorized to change anything about the product and the product creator’s name remains on the product.
I’ll bet that you even own rights to products already and you may not even realize it. You see, many products on the internet are sold with either resale rights or master resale rights already. So, make sure that you read the sales letters carefully!
Profiting With Resale Rights Products
You can use resale rights to find a way to charge more for your own info product. One way that you can do this quickly and easily is to include other, complimentary products with your info product, to form a complete package. This way, you are not just selling an info product, but rather, a complete course!
Most resale rights products come with their own pre-made websites. Although this may sound good to beginners, it has one drawback. Everyone is trying to promote the product using the same website! So, be a little different. You have 2 choices here. You can either create your own website for the product (more on this later), or, try to locate products that
do NOT have websites created for them AND do not normally come with resale rights. Your product will stand out because it is not selling the same thing as all of the other sites.
You can also use resale rights to bring new life to an old product. Simply contact the authors and ask if you can use excerpts from their product in your own. For example, you could find 5 products on copywriting. Contact the authors and tell them that you are working on a new book on copywriting. You want to credit them as an expert in the field and use a portion of their work. They will probably be more than happy to allow you to do this. Most resale rights products are considered “old” after about 3 to 6 months of being sold with rights, so this should give you plenty of products to choose from.
Need a few more ideas?
How about this … Sell your own info product that you created in the prior chapter from a website. Include a related, complimentary package of products with resale rights as a one-time offer. Or, use it as a back end offer on your thank you page. Not many people think about putting a second item up for sale on the thank you page, and they are missing a perfect opportunity. Think about it! You already have the sale in the first place – the
customer might even still have his credit card in hand. Why not try to sell them something else right then and there? There are a ton of ways to be creative to profit from your thank you page.
You can easily sell these types of rights for about double the price of the original product, especially if you allow the purchaser to “brand” the product that you sell resale rights for.
By “branding“, I mean that you still have your name on the product as the author or creator, but that the purchaser can add his or her own name (and possibly a small advert and/or website link) as the “Presenter”. This way, you’ll both get exposure!
You can also purchase other people’s products with master resale rights or private label rights and then resell the resale rights to those products. If you have purchased a product with private label rights, you can even modify the product as you see fit and then resell the resale rights to your newly created product. This product is your very own.
If you have an affiliate program, you can allow the purchaser to include his or her affiliate link in your info product. They will try a littler harder to promote it if they will get back end commissions. In fact, you can also consider making the entire product brandable. For instance, say that you included several different affiliate links in the ebook so that you would make money on the back end. Well, if you can, only include those products that pay on two tiers. Then, give the purchasers branding rights and allow them to even brand the affiliate links scattered throughout your ebook. This way, you’ll even make money from their affiliate sales AND they’ll be even more likely to hustle to promote your book!
Affiliate Marketing – How to Get Started In 6 Easy Steps
Affiliate marketing is an easy start to an online business. It is really easy to start but requires the hard work to become successful. The steps are brief and quite simple. You must follow these steps in order to become successful otherwise you would not get the desired results.
1. Pick a Market
Why to choose a market instead of product? The reason is quite clear that you would like to put more products in your pipeline. You have to choose a market which suits you. You must obtain detailed information about it.
2. Pick a Product
When you have picked a specific market, now it is time to select a product. You will definitely want to add all the products at the beginning, but it is advised not to do this in the start. If you choose more products in the beginning, you will not be able to focus. Your attention will be diverted to different products. So it is better to choose one product to get best out of it. When you have started getting the sales then you can add more products.
After you start your business, you must create a follow up series, which is also called an autoresponder series. This series must have the information about your product. There you can add contents of your product. If you are selling golf clubs, you can build a series having some basic information about it. There you can tell your visitors how they can purchase golf clubs. You can also add some advantages or the profiles of some major golfers in the world. You should try to be more and more creative. It is observed that during the period of first few months affiliates do not get reasonable sales. But after six months, they expect to gain much better sales.
Create a page in your website where you will capture information about your prospects so you can send them your follow-up series. If you are building a business, having your own web site is a necessity. This website will be needed to show your affiliate products to the website visitors. You will grab the visitor’s emails to promote your email campaigns.
Once your website is up, use some traffic generation techniques. After applying the traffic generation techniques, you should wait for some time to get the results. Try different techniques and see the results. Then on the basis of your experience, continue with the technique that shows best results.
6. Find additional related products
Once you have started to make a good and reliable income with a single product, then you should add some new products to your products list. But you must carefully select new products to put them in the list.
Always start with a single, hot and demanding product to gain good results. Concentrate on this single product, make your website to display the product and capture the email addresses of visitors. Use these email addresses and your website to start a powerful advertisement campaign. Use the techniques to drive maximum traffic to your website. Once you have started earning with a single product, add more products and repeat the process.