Resale Rights

I love resale rights!  Many people online are making a fortune with them because resale rights are one of the easiest and most profitable online businesses to have.

There's no product for you to create and most resale rights products comes with sales letters and graphics so there's no part of the product or marketing materials that you need to create yourself. It's all done for you.

Benefits of Starting a Resale Rights Business

1. You keep 100% of the profits.
You pay an up front fee to purchase the product and the resale rights, however you keep 100% of the profit for every sale you make to your customers.

2. You can also earn residual income
Some resell rights products will allow you to customize the product by adding your own affiliate links allowing you to earn back-end income. Not all products allow this and you must check with the product creator on branding rights.

3. Resell rights is more appealing than affiliate marketing
I love affiliate marketing but most online marketers find resell rights more appealing because the ability to keep 100% of the profits, unlike affiliate programs where you will only receive a percentage of the profits.

How to make money with Resell rights

There are 2 ways you can make money in the resale rights business.

1. Buying Resale Rights - You can buy the resell rights for someone else's product, sell it and keep 100% of the profit yourself or...

2. Selling Resale Rights - You can sell the resale rights of a product to others who want to sell the product and keep 100% of the profits.

The thing that makes resale rights so attractive is that you pay once for a product and its resale rights and you can sell it forever keeping 100% of the profits. You can resell e-books, guides or software and make as little as $10 on an item or go as high as $1000, it depends on the item.

Most people in the resale rights business find a 'how to' niche and then find ebooks or software that demonstrate how to do something and resell the ebooks or software. This is an excellent business model and has huge potential for helping you earn online, however there's even a better way to put resale rights to good use, selling people a business!  You can actually sell people a business by using #2 above ...selling the resale rights.

Let me explain...

Having a resale rights business because you're not selling people on how to do something or teaching them a skill, instead you're selling them a business. By allowing them to resell a product themselves they now have their own business, and that's what most people want. They want to make money with their very own online business. Selling resale rights is perfect for that!

But before we go on, let's take a look at the different resale rights options:

Basic Resale Rights products
This gives you the right to resell a product and keep 100% of the profits, but your customer does not have the right to resell it to someone else. This refers to #1 above.

Master Resell Rights products
You have the right to sell the product but you also have the right to sell the resale rights, which means your customer can buy the rights to resell it to their customers. You can bundle the product to sell both the product and resell rights together or you can sell them separately. This is referring to #2 above.

Private Label Rights (PLR)
With Resale rights and master resale rights packages you cannot change the content in any way and there are generally some restrictions on giving the packages away free and there may be some pricing restrictions.

Private label rights on the other hand are more flexible. You can change the content, add to it or edit the content for creating articles, e-books or reports or for adding content to your website or blog.

You often see PLR packages sold in the form of article packs, but there are e-books and guides as well.

Usually with private label content there are a limited number sold, this maintains the integrity of the content for those that use it right out of the box, however private label rights are much better utilized by customizing the content, especially if you will be adding your own name to it.

Starting your Resale Rights business

Getting started with resell rights is not hard, however there will be a small investment required, but relatively speaking, it's minimal.

Here's what you need to do:

Finding Resale Rights Products
Don't locate just any product that looks good. Look for things like branding rights for affiliate links. Examine the product carefully and make sure it's a quality product. Make sure that the product comes with a well put together sales page. This is what will help you sell the product. A poor sales page will limit the amount of sales you will make.

Domain Name & Hosting
Once you find a resale rights product you will need a domain name, create a website and find a web host. A domain name, depending on the security you require will cost anywhere from $10 - $30 a year. Hosting will cost about $10-$20 a month. I've used Godaddy for purchasing my domain names and have had excellent service from them. I don't recommend them as a web Hosting provider however as they gotten poor scores for hosting, I've used both Thirdsphere Hosting and Hostgator and have been happy with both Thirdsphere is about $29 a month and Hostgator is about $15 a month.

Building a website isn't difficult. In fact your site will only be required to have a few pages and with Wordpress site builders you can build a site for free. I personally like Xsitepro for easy site creation, the choice is yours.