SolveYourProblem
Article Series:
Niche Marketing Opportunities
Profit
From Resale Rights & Master Resale Rights
by Jeff Cohen
Here
are 3 ways to profit from resale & master
resale rights to niche products:
1) Profiting by selling the rights to your own products
Creating and selling niche products can be a challenging but
very profitable business. There is considerable work involved
and many hard hours before your product will be ready for sale.
Imagine then your bitter disappointment when you don't make
a single sale. After days and days of relentless promotion
all you have to show for the effort is a string of bills...
That's one end of the spectrum, here's the other:
After considerable effective promotion you have made numerous
sales, but sales are dropping off. The market that you have
managed to penetrate is becoming saturated; you simply can't
find enough people to sell your product to.
In both cases you
need to find a different market niche or approach your existing
niche from a different "angle" to
find more customers. One very effective way to do this is to
use the efforts of established marketers who are already selling
in your market niche or in a similar one. It is to these marketers
you can offer the rights to your product.
Essentially you are selling the rights which allow them to
sell your products and keep all the proceeds (resale rights),
or you could allow them to sell the rights to your products
(master resale right).
You should only sell a certain number of products with rights
and base your product pricing on the rights, for example:
- Unlimited
copies with no rights @ $20 each.
- 200
copies with resale rights @ $150 each.
- 100
copies with master resale rights @ $300 each.
2) Profiting by selling products you have purchased the rights
to You might not be in the slightest bit interested in creating
your own niche products, so buying the rights to sell somebody
else’s products gets you started quickly.
Don't "jump the gun" -
it's important you have a market to sell to. Getting carried
away and buying resale products
just because the price is good is a sure way to loose money.
The correct sequence is:
1) Find a niche market that is ready and willing to buy.
2) Purchase a niche product to sell the market.
One point worth remembering is niche product creators who
sell resale rights often include the sales website as a bonus.
This means a number of people will be selling the same niche
product from identical websites.
The success of your sales is going to depend on how much you
can differentiate your package from everybody else’s, don't
follow the crowd. A few examples of how you could do this are:
i) Redesign the sales website, for example you could:
- Use different sales copy
- Use different graphics
ii) Purchase similar products that have resale rights and
offer them as bonuses. Check the rights before you buy the
product... Very often product creators will not allow their
products to be given away or used as bonuses.
iii) Write your own brief 10 to 15 page report related to
the niche product and offer it as an exclusive bonus.
3) Profiting by creating and selling resale rights packages
To do this you must own niche products with master resale
rights. You want to sell the resale rights to other people.
Far too many people try this avenue for earning an income
on the internet and the end result is a number of resale rights
packages which are practically identical, because they all
bought their master resale rights niche products from the same
sources.
If you have decided to pursue this avenue, your success will
depend on how unique your package is. You need to source as
many niche products with master resale rights (preferably that
nobody else is selling) as you can. The products don't have
to be from the same niche, but must be related.
For example, if you decide to put together a package of products
related to dieting; your package could include e-books in these
niches:
- diet
recipes
- exercises
- dieting
- fat
reduction
Bear in mind your exclusivity won’t last long. As soon as
your package is revealed, others will try to include the same
products as you.
In all three cases, you can profit from resale and master
resale rights to niche products, but there is one common denominator...
Make sure you have a market to sell to. Do your research first
and make sure your niche is full of people who are ready and
willing to buy. # # # # # SolveYourProblem.com : 2007
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