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Posted: Thu Mar 11, 2004 3:58 am
Post subject: Reprint/Resale/Resell Rights Do-able?
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| Is buying reprint/resale/resell rights to ebooks/software then selling to people a viable online business model? Thanks for your views/opinions and comments. |
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tonychel
Joined: 04 Mar 2004
Posts: 23
Location: Hong Kong
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Posted: Thu Mar 11, 2004 5:58 am
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Debs
Joined: 16 Aug 2003
Posts: 4296
Location: NY
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Posted: Thu Mar 11, 2004 10:44 am
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You need to make sure the products are of good quality, stand the test of time, and haven't already saturated the market if you want to create a really profitable business.
Debs _________________ Learn how to turn keyphrases into quality, well-targeted articles your visitors and SE's will love with Gary Antosh's new ebook "Web Content Made Easy!" |
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Guest
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Posted: Thu Mar 11, 2004 11:39 am
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| Wouldn't it be better to be the creators of resale/resell/reprint rights products (ebooks/software) rather than be the buyers and re-selling it to others? |
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Charlie
Joined: 22 Aug 2003
Posts: 3305
Location: UK
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Posted: Thu Mar 11, 2004 1:34 pm
Post subject: Re: Reprint/Resale/Resell Rights Do-able?
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| Anonymous wrote: | | Is buying reprint/resale/resell rights to ebooks/software then selling to people a viable online business model? |
I think the best way to avoid competition is to think as reprint rights as a way of creating unique packages. Either combine other people's products or add something of your own.
That way your offer will always stand out from those who just purchased the rights and sell as is - often competing on price.
Whatever you are selling, always resist price cuts. Try and think of ways to add value to the package (preferably at little cost to you).
| Quote: | | Wouldn't it be better to be the creators of resale/resell/reprint rights products (ebooks/software) rather than be the buyers and re-selling it to others? |
In many cases, yes. The problem is the time it takes to create new products on an on-going basis...
If you like writing (and researching markets), I'm sure it would be possible to make a living doing just this. Ken Evoy touched on this in one of the extra sections of MYKS, I think.
You have bought it, haven't you?
Cheers,
Charlie. _________________ "Before I speak, I have something important to say."
- Groucho Marx |
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Guest
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Posted: Thu Mar 11, 2004 3:13 pm
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| Thank you very much for all your responses. I wonder what would be Allan's thoughts on this... |
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edburdo
Joined: 14 Jul 2003
Posts: 1760
Location: Bangor, Maine
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Posted: Thu Mar 11, 2004 5:23 pm
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If you are selling the product, then offer resell rights. To a limited audience. And put in rules that they can't sell below $XX or you could end up with your product on eBay for $0.01 each.  _________________ Eric D. Burdo
They Made $6,513 a day With Clickbank Doing This... |
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AllanGardyne
Site Admin
Joined: 02 Jul 2003
Posts: 6326
Location: by the beach, Australia
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Posted: Thu Mar 11, 2004 11:49 pm
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| Anonymous wrote: | | I wonder what would be Allan's thoughts on this... |
Willie Crawford knows more about this than I do. He's apparently very successful at it.
Here's an article Willie wrote recently....
Can You Really Make A Fortune Off Of Reprint Rights?
Copyright 2004 Willie Crawford
Visit Ebay or any of ten thousand other websites and you'll
see people offering reprint rights everywhere. They all
tell you that with their great reprint rights you'll be in
business instantly with "your own product" and that you get
to keep all of the money.
By can you really make money selling reprint rights and is
it worth your time?
Let me give you a few examples from my personal
experience, and then you be the judge....
I'll start with the most recent rights I bought first.
After reading Paul Hancox ebook "Small changes: Big Profits
- How to quickly and easily make more sales from your
website," I saw that he offered reprint rights for only
$149. This product had a suggested retail price of $27,
which I had gladly paid and I was very satisfied with the
product.
To digress a little... one of my criteria for buying
reprint rights is that I have to have actually used the
product FIRST. I won't offer my list something that I have
not seen, read, touched, experienced, and enjoyed. I
suggest that if you are going to offer your list a product
that you adopt the same rule.
Anyway.... I reasoned that if I invested $149 in Paul's
reprint rights I only needed 6 sales to break even. So it
wasn't a very big risk. Therefore I went for it! I sent a
mailing to my list but before I even did that, I began
mentioning the book in personal emails to clients and
friends. In less than a day I had tripled my money. After
sending a mailing to my I list had multiplied my money by
some embarrassing number of times!
This product was the type of reprint rights that I like to
buy. It's a product that I know is needed.... I can put up
a simple sales page and I know that the product will sell
itself for years to come. I know that with very little
effort I'll earn over $1000 a month in profits from that
simple product. You can check it out at:
http://TheRealSecrets.com/thebook/ to see how simple my
marketing is for this ebook.
Another product that I market the same way is a $19
interview on how to host your own seminars and
teleseminars. Fred Gleeck (who has done over 1350
seminars) was interviewed by Jim Lanford and they recorded
it. When Audrey Lanford decided to sell her business at
WZ.com she offer reprint rights to Fred's interview. The
rights were less than $150...if I am not mistaken.
I run ads for this interview/ebook in various targeted
ezines and mention it on a few of my sites. It routinely
earns me $500 to $1000 per month. All this with very
little effort on my part because the product sells itself.
You can see how I have this set-up at:
http://TheRealSecrets.com/your-own-seminar.html
A third example of how simple it can be, is that I
purchased the reprint rights to Bob Serling's Power
Copywriting For The Internet from Corey Rudl's Internet
Marketing Center. These rights cost me just under $1000 and
the suggested retail price for the course is $147. It took
me less than a month to recoup my investment, and every
month I do very well with that product too. You can check
it out at:
http://PowerCopyWritingForTheInternetByBobSerling.com
Notice with that last example how I got a domain name that
had my keywords in it and that it's fairly easy to
remember... if you know the copywriter? That domain name
costs me less than $8 per year and my hosting is only $5
per month. That's for something that semi-automatically
generates over $1000 per month
I could give you numerous other examples, but won't. You
get the point. I put on a teleseminar on buying and selling
reprint rights a while back and recorded that teleseminar.
I then turned the teleseminar into another income stream as
well as offered reprint rights to it! Do you see how easy
this can be? That teleseminar with myself and internet
marketing expert (and lawyer) Dr. Bob Silber took
less than 2 hours to do, and also generates an embarrassing
amount each month. You can check it out at:
http://AmazingProfitsBuyingAndSellingReprintRights.com ...
another clever name
I mentioned that you can grab domain names for as little as
$8 per year and host them for as little as $5 per month. I
get my domain names through my own registration service
at: http://williecrawford.com/domains/ I host many of my
sites at Host4Profit. You can check them out at:
http://WillieCrawford.com/myhost.html
So now I've convinced you that you can do well with the
correct reprint rights! The key again is to know and love
the product. Know that it will provide your customers with
genuine value. Check out my teleseminar for more tips on
both buying and selling reprint rights at:
http://AmazingProfitsBuyingAndSellingReprintRights.com
I did come across some terrific reprint rights this week
that I will recommend. They are offered by Rebecca Hagel.
She is only
offering 20 licenses total, so you won't face crazy
competition. I really love her material! You can check out
Becky's reprint
rights at: http://TheRealSecrets.com/becky.html
To answer my question, "Can you really make a fortune off
of reprint rights" ... that depends upon your definition of
"fortune." However, I generate several very nice income
streams from reprint rights, as I've just shared with you.
I know many others doing the same. I don't see why you
can't too.
----------------------------------------------------
Willie Crawford has been teaching others how to build an
on-line business since late 1996. Frequently featured in
radio, magazine and newspaper articles and interviews,
Willie teaches the average guy what the top marketers are
doing but seldom talking about. For example, Willie
demonstrates the power of automated residual income
through his system at: http://ProfitAutomation.Com Visit
now for a business boost.
---
Hope that helps. _________________ Allan Gardyne
AssociatePrograms.com - You're here. Explore it! |
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Guest
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Posted: Fri Mar 12, 2004 4:45 am
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Thanks Allan, it sure helps. More importantly, I've learnt a lesson from you, that is, in Ken Evoy's words "go about building your business in the most efficient way possible, and don't let your energies be diverted by the
"white noise" that continually floods the Net." Your focus is solely on affiliate business and you are very successful and well-known in this area. Guess that must be one secret to your success!  |
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Jscott
Joined: 14 Oct 2003
Posts: 152
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Posted: Fri Mar 12, 2004 4:50 am
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Allan Wilson has a great site. I think. I mean I know but I think its great. Who cares what I think.
I say that to say you HAVE TO DEVELOP a buisiness sense.
Please.
Please.
Please.
The net has had its nough of junk. Of the carnival. Or the small circus. Learn about business. Learn about the net. Learn about psychology.
Then sit on the cool sands and laugh. Laugh because they are all there (jobs, working on net sites--yada). You will not be. You will spend THEIR money. |
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AllanGardyne
Site Admin
Joined: 02 Jul 2003
Posts: 6326
Location: by the beach, Australia
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Posted: Fri Mar 12, 2004 5:26 am
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| Guest wrote: | Guess that must be one secret to your success!  |
Shhhhh! Don't tell everybody, or that will be one more thing they copy! _________________ Allan Gardyne
AssociatePrograms.com - You're here. Explore it! |
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Charlie
Joined: 22 Aug 2003
Posts: 3305
Location: UK
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Posted: Fri Mar 12, 2004 4:28 pm
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| AllanGardyne wrote: | | Guest wrote: | Guess that must be one secret to your success!  |
Shhhhh! Don't tell everybody, or that will be one more thing they copy! |
It's a bit late now.
Cheers,
Charlie. _________________ "Before I speak, I have something important to say."
- Groucho Marx |
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