For the budding online marketer, resale rights products are the best thing that happened since sliced bread.
Bar affiliate marketing, they are arguably the fastest way to start making money online.
However, due to the fact that they come in various forms, they may pose a few problems for the newbie . For example, some can only be resold, others can be modified and others can only be given away as is.
So if you are new to online marketing and are not really familiar with resale rights, the good news is that this article will clear up your confusion.
You will discover the 5 main different types of resale rights products that you can use to make money online and how to profitably use them.
So if you are ready, let us get started!
1. The first type of resale right product is the basic rights product. With these resale rights, you are allowed to sell the product and keep all the profits.
But you are not allowed to modify or alter the product in any way. The only thing you are allowed to do is sale it.
As you can see, these are very limited rights. But you can still make money if you buy rights to a product that appeals to a large group of people AND not many people are selling it.
2. The second type of resale rights product is the Master Resale Rights product.
With these rights, you are allowed to sell the product without altering or modifying it in any way, just like the basic rights.
However, the difference is that you are also allowed to sell the rights to the product. In other words, other people can pay you money for the right to start selling the product to their customers.
And so these products are a better way to make money online. They provide you with 2 methods of generating income. You can sell both the product and the rights to it.
A great strategy to use here is to offer everyone who buys a resale rights product from you, the chance to buy the right to resell the product as well.
You may be pleasantly surprised at how many people will be happy to also buy the rights to the product.
3. The third type of resale rights products are branding rights products. The unique thing about these products is that they allow you to replace links in an ebook or report or any other type of information product with your own affiliate links.
Sometimes you have the basic rights to sell the product plus the right to insert your affiliate links. Other times, you only have the right to give away the product with inserted affiliate links.
So it is your task to make sure you fully read the licence in order to know what your precise rights are.
These are very profitable resale rights products because they allow you to make money on the Back End as well. In other words, after you sell the product you can still make more money when people buy other products through your inserted affiliate links.
Even if you only have the right to give away the product, there are usually links to more than one affiliate product in a product with branding rights.
This means that your prospects could still make multiple purchases from you.
Branding rights products are also a great way of doing viral marketing. This is especially the case if the product is of such high quality that others will want to recommend it to their friends and customers.
In order for you to make your product viral, simply insert your affiliate links in it and encourage prospects to pass it on to others.
You can even further motivate them to pass on the product by allowing them to insert their own links in some places within your product.
That will motivate many more people to share your product because they will now stand a chance to gain financially by sharing it.
4. The fourth type of resale rights products are private label rights products. These products allow you to claim authorship of a product you did not create.
Someone else creates the product, but you get the right to put your name on it.
Obviously this is a great way to make money online because it allows you to build your reputation as an expert really quickly.
However, you must really be careful when you buy a private label product. You need to make sure that it is of the highest quality possible before you put your name it. Makes sense right?
Otherwise you can ruin your reputation in nanoseconds.
Furthermore, I would also make sure that very few people have the right to promote the product. If everyone and their pet is promoting it, its value will reduce drastically.
5. Last but not least, the fifth type of resale rights products are source code rights products. These are the most profitable resale rights products by far.
Source code rights products allow you to do anything you want with the product.
You can sell it as is, give it away, sell basic resale rights to others, sell master resale rights, modify it, break it up into several different products and sell them or give them away, and the list goes on.
Can you see how powerful source code rights products are?
These products come with the raw data that was used to create them and so you can use that data to create totally new products really quickly.
Source code products can also be used to help you market your business. For example, if you buy source code rights to an ebook, you can split that ebook into several articles and distribute them all over the internet.
Imagine how quickly you could crank out several articles!
But you would have to modify the articles a little in order to make sure they are not identical to any other articles being used by other people who also bought the same source code product.
Quite frankly, I could write about source code rights all day long but it suffices to say that if you really want to make money online, do yourself a favour and buy source code rights products.
They are a proven path to greater online profits.
So those are the 5 main types of resale rights product available. With this information you can now confidently buy products that will best serve your needs.
Remember, getting started online or adding an extra income stream to your online business does not have to be difficult. Not while resale rights products are available.
And THAT, is a marvelous thing indeed!
To Your Success
Bruce
Read Part 3 of this series to learn more about resale rights products.
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