Showing posts with label resell rights. Show all posts
Showing posts with label resell rights. Show all posts

In todays ever increasingly competitive marketplace online, it can be thought of as a hard question to answer, and that question is : How can you compete with other resellers who are selling the exact same product for the exact same price to the exact same market? It’s actually easier than you might think!


Firstly, you must remember that 90% of all people who hold the same resell rights license that you hold either won’t market the product at all, or won’t market it correctly. This essentially means that only 10% of those who have resell rights to the same product are in competition with you. However, it really doesn’t matter how competitive the market is or how many other resellers there are for the same product. When it is all said and done, the only thing that really counts is how the product is marketed – how it is presented to the market and their perception of it.


The first thing you must do is set yourself apart from the pack. Don’t concern yourself with what others are doing. Do your own thing. Do what works. Start by making the product as different as your license will allow you to. Change the package to include bonuses that others are not offering. Also change the sales letter. Make it completely different, and more effective than it already is. Search for and then research your competitions salesletters that you know is selling well already, and apply what is working for them to your own salesletter, no do not copy word for word, it is the style of copywriting and layout that is working, so study it and then apply your own creative writing.


Once you’ve changed the product and the package as much as you are allowed to, it is time to see what others are doing, to an extent. For instance, if you plan to market using Google AdWords, see what keywords your competitors (other resellers) are bidding on, and what they are paying. Either pay more, or bid on different, more targeted keywords. Research as many long-tail keywords related to your product as possible, there are huge profits just sitting there.


For example, if you are selling an information product on weight loss, don’t use weight loss as your keyword, or any other common key words. Instead, use weight loss for men, or weight loss for women over 40. Narrow your market as much as you possibly can. Tight niches can mean an unstoppable flow of profits. You can bet that the majority of your competitors will not be using such care in choosing keywords, and that will save you a hell of a lot of cash in high bids on common keywords!


Also use other methods of marketing the product. Market to your email list. Market to other people’s email lists.Always leave a nice size of your whole marketing time for creating, writing and then sending joint-ventures, huge profits there as well if done properly. Write articles and distribute them to the article banks. Hold teleseminars. The important thing is to establish yourself as an expert in the field that is related to your product, and set yourself apart

With so many products with resell rights on the market, it’s hard to find and then choose which ones are the best places to search for quality products to resell and if they are worth the cost. There are, however, ways to find quality products to sell, if you know where and how to look.


First, look for products that do not have resell rights. These will typically be the most profitable, if there is a market for the product and you know how to market it, it will be easier to make money simply because there are no resell rights offered. The idea is to contact the product author and ask for exclusive resell rights to the product.


Some product authors will say no, and some won’t respond at all – but when a product author does respond and says yes to your offer, you may have very well found a goldmine. Make sure that you get the agreement in writing and signed before you start marketing the product.


Another great way to find quality products to resell is to join quality resell rights membership sites, but only look at memberships that are limited in spots, that in itself will cut out massive amounts of competition and provide you with a product that is in demand but only being sold by a select few. You want membership to sites that create the products themselves, or have the products created exclusively for them, as opposed to resell rights sites that simply sell you resell rights packages that they have bought from other sources.


There a some top of the line resell rights membership sites, that have products created exclusively for their members and offer resell rights packages that were not created exclusively for them, and this is an ideal site. This allows you to find products that are not flooding the market, as well as products that can be used as upsells and backends for each other.


If you are purchasing resell rights for products that you simply come across that offer such rights, remember to do your research first – before making the purchase. Make sure that they are reputable sellers first, then if there is a market for the product you want to purchase the rights to. Read the license agreement to make sure that you can market the product effectively and within the legal bounds. Make sure that you check out the product to ensure that you will be offering your existing or potential customers a quality product as well.


Before you purchase resell rights to any product, especially if you are new to this and have not found a reliable source of resell and private label rights products yet, you need and must do some research to find out whether purchasing the resell rights will be profitable for you. Not all resell rights products are worth having, and if you purchased them and they were not up to scratch, they more than likely end up taking up space on your hard-drive and do nothing else, certainly not creating any profits for you anyway.


First, take a look at the product itself. Is it a quality product? Even though your name is not on the product itself, if it is a resell product, your name will be associated with selling of the product, and you don’t want to sell junk. So, make sure that the product does what it promises, and that it is indeed of value, not only to purchase but from a profit angle.


Next, you need to research the market. Is there a market for the product? An easy way to find out is to do a search in Google using keywords that potential customers would use to search for the product. Look at the sites that are advertising similar products. Also now there are simply amazing new software products on the market that takes care of these issues, all in the one nutshell, that is so easy to use that my 7 y.o. Son has mastered it in less than a few short hours.


The sponsored ads are the ones you are interested in. People and companies do not continually spend money advertising products that are not selling. Generally if there is between 6 to 8 paying sponsor ads to the left then good money is being spent on advertising, then that means there is a market for the product. Also look at related magazines to see if money is being spent on advertising.


Read the license agreement before making the purchase. If it is not available to you without purchasing first, walk away. You want to check the license to make sure that you can market the product effectively, using methods that you know work.


You want to know if the sales letter converts, but you also may want to make sure that you are allowed to change the sales letter as you see fit.


Also see if you can find out how many people are currently reselling the product. Is the market flooded? Remember that 90% of the people with resell rights either won’t be reselling the product, or they don’t know how to effectively market the product, or just simply not using it. Leaving you a much smaller and reduced amount of only 10% competition out there.


After you’ve looked at all of these issues, and answered all of these questions, you will know whether you should purchase the resell rights product or not. If the product has profit potential, it’s worth buying.


There are many ways to profit from resell rights products. The first way, of course, is to simply resell the product. However, there are ways that you can gain even more profits. It just takes a little thought outside of the box and creativity.


When you sell the product, you could have an additional product or products to sell as an upsell or backend product. For instance, sell the resell product at 37.00, then have an upsell, or a related product, that you offer either on your order page for an increased price, such as 47.00 or 57.00. Your upsell could even be a membership website, for which you would collect monthly membership fees from your customers, nice residual income.


You can also advertise a backend product on the thank you page. This is a product that is offered after the purchase of the original product is made, for a different price. Backend products can cost more than the original product, the same, or even less.


Also add an adsense banner box, some marketers have reported actually more income from the adsense ads than the actual backend upsell, sounds amazing, but it does happen.


Plus it is a great back-up income source because some customers will not buy your backend product but an adsense ad catches their eye and they click-thru and thats income to you from a customer that was leaving anyway.


You can also profit more from your resell rights products by repackaging it, including more products, and raising the value of the package – which in turn raises the price. If you have master resell rights to the product, which allows you to sell the resell rights as well, you can create a nice package of various related products and sell resell rights to that package as well.


Always research that market sector
and be sure that the package your are building is not the same or even similar really as them, and always make it better in all aspects and then advertise. Sales will come easily once your target market can see that your package offer is much better with awesome benefits for them.


You could even simply sell the product, or give it away if you are allowed to do so, in order to use a squeeze page to collect quality leads. A large list of quality leads opens many profitable doors. For instance, you could enter into joint venture deals to sell high ticket products to your list, or rent your list out to other companies for a fee.


However, before you start using various methods for increasing your profits with resell rights products, it is very important that you read your license agreement to be certain that you are not in violation of any of the terms.