Listed here are five ways you can profit from resale rights products.
Resell the product
The first way is obviously to resell the merchandise. This is the most direct method to profit after buying rights to resell an item.
Up sell an associated product
However, there are lots of other ways to profit from resell rights products. You need to simply brainstorm and think about some ways. For instance, you can up sell an associated product. This approach doesn't occupy too much of your time yet can provide a big stream of additional income that you simply would certainly not have access to if you have not taken this step.
See, if you are selling a resale rights product for $29.95, you can up sell a related product for say another $17. Thus in a single sale, you will get $46.95 rather than $29.95. An increase of $17 might not be much but let's suppose you can sell another 100 sets at $17, you'll be able to get $1700, enough for any nice vacation.plr
One other way that can be done is to up sell utilizing a 'One-time-offer' whenever your customer has purchased your first product. You can state that this product B is offered in a 40% for a short time to customers who have purchased this product A.
Repackage the merchandise
For those who have rights to many products, you are able to resell one product and put all of those other related products and create a membership site. This lets you create a stream of recurring income. In addition, you can also repackage a series of resell rights products right into a subscription service whereby subscribers can get a new product every month. This can be useful for niches such as home maintenance, weight loss, setting goals services.
By repackaging and adding additional value to your single product, you can also command higher prices for your repackaged products.
Resell the rights to the products
Should you own the actual resale rights to some certain product or number of products, marketing the rights to others to resell these products. For example, you can offer two options for your customers. Your visitors can buy your products for $97 however for one more $20, they can own rights to resell your product or service to customers on their list. So for a small investment of $117, they are able to reap profits of $97 continuously. Most marketers who've a list of subscribers will frequently occupy this offer.
Use as Joint Venture to Build Your List
For those who have a summary of subscribers, you should use your resell rights products to produce joint-ventures with other people to sell for their list. In this manner, you can generate a pleasant profit and make your list at the same time.
Don't leave cash on the table if you have a valuable resell rights product you are able to resell for your customers. However, a word of caution is to always check the fine print. Read your license agreement and ensure that you are allowed to use any of these methods to create an additional stream of greenbacks from your resell rights products.