A Clever Way To Make More Money With Existing Products

If you’re like me, you’re always looking for ways to squeeze more profits out of your business. So let me share with you one of my favorite ideas for making more money with existing products…

Sell the licensing rights to the product.

If you’re unfamiliar with this end of business, this simply refers to you selling the resell rights to other marketers. They buy the license for a one-time fee, and then they can sell the product for any price and pocket all the profits.

Did that set your mind spinning? I’m betting you have questions about this strategy. Here are your answers…

Why would I create competition for myself?

Instead of thinking about it as creating competition for yourself, think about it as reaching deeper into your market.

Your products have backend offers with links in them, right? So now imagine dozens or even hundreds of other marketers selling this product all over the world. Simply put, they’ll reach into corners of your market that you couldn’t ever reach on your own.

So why not just set up an affiliate program?

Here’s the thing: you can have both an affiliate program set up even while you sell resell rights to others. Pretty cool, eh?

One of the big benefits of selling the resell rights is that you can charge a premium price for the licensing rights. If you have a good reputation in the market and it’s a high-quality product, you may be able to sell licenses for anywhere from five to ten times the retail price.

For example, if you have a product selling for $50, you can sell a license for $250 to $500. You can see how that puts a nice profit in your pocket.

TIP: The fewer licenses you sell, the higher you can ask for each license. That’s because a product with less competition is more valuable. Often you’ll also find that you attract a higher caliber of marketer when you sell for a higher price. That makes it less likely the marketer will leave your product sitting on their hard drive gathering dust.

What are master resell rights?

When you offer master resell rights, you’re giving people not only the resell rights, but the ability to pass these rights along to others. So while you might sell 100 licenses, these 100 people can sell the resell rights licenses too. You might very quickly have thousands of people holding the rights to your product.

Sounds like a dream come true to have tons of people selling your product, right?

Not quite. Because when you sell master resell rights, you lose control of who holds the licenses. That means it’s difficult for you to enforce the terms of the license. But the worst part is that your product is quickly devalued since people tend to compete on price. So no one will buy your product for full price when they can get it for a few pennies elsewhere.

What are private label rights (PLR)?

This is where you give people the right to modify your content in any way they like, including put their name as the author. While PLR can put a nice chunk of money into your pocket upfront, the backend sales are dismal. That’s because your license holders will take your links out and insert their product recommendations and link.

Bottom Line

Not sure where to start? When in doubt choose resell rights, because this option protects the integrity of your product and gives you a nice backend income to boot. So give it a try and see if you don’t agree that selling licensing rights is a great way to boost your profits.

Comments

  1. This awesome blog is no doubt interesting and besides informative. I have found helluva interesting things out of this amazing blog. I ad love to go back every once in a while. Thanks a lot!

  2. Pretty! This has been an extremely wonderful article. Many thanks for supplying these details.

  3. Yeah bookmaking this wasn at a bad conclusion great post!

  4. I want to encourage you to definitely continue your great job, have a nice holiday

  5. Muchos Gracias for your article.Thanks Again. Much obliged.

  6. My brother recommended I might like this website. He was totally right. This post actually made my day. You can not imagine just how much time I had spent for this information! Thanks!

  7. Thanks for sharing this first-class write-up. Very inspiring! (as always, btw)

  8. Looking forward to reading more. Great article.Really thank you! Will read on

  9. This website definitely has all the information I wanted concerning this subject and didn at know who to ask.

  10. Just discovered this blog through Bing, what a way to brighten up my year!

  11. Really appreciate you sharing this blog article.Thanks Again.

  12. Thanks for sharing, this is a fantastic article.Really thank you! Much obliged.

  13. such an ideal method of writing? I ave a presentation next

  14. Wow, superb weblog format! How lengthy have you been blogging for? you made running a blog glance easy. The overall glance of your website is fantastic, let alone the content material!

  15. Just imagined I might remark and say fantastic concept, did you help it become on your individual? Seems to be really fantastic!

  16. Your style is so unique in comparison to other folks I have read stuff from. I appreciate you for posting when you ave got the opportunity, Guess I will just book mark this blog.

  17. I think this is a real great blog article.Thanks Again. Really Cool.

  18. Very good post.Really thank you! Keep writing.

  19. Say, you got a nice article.Thanks Again. Really Cool.

  20. Some really choice articles on this website , saved to bookmarks.

  21. Thank you for your post.Really thank you! Really Great.

  22. Wonderful paintings! This is the type of info that should be shared across the web. Shame on Google for no longer positioning this post higher! Come on over and consult with my site. Thank you =)

  23. My brother recommended I might like this blog. He was totally right. This post actually made my day. You cann at imagine just how much time I had spent for this information! Thanks!

  24. Precisely what I was looking for, appreciate it for posting.

  25. Thank you for your blog article.Really thank you! Want more.

  26. Right at the present it sounds like BlogEngine is the finest blogging platform available right straight away. (from what I ave read) Is that what you are by on your blog?

  27. Wow! Thank you! I always wanted to write on my site something like that. Can I include a fragment of your post to my website?

  28. I really liked your post.Really looking forward to read more. Much obliged.

  29. uk payday loans Along with hard work and strong will, poor people can find motivation and motivation to succeed in their very own business venture

  30. you offer guest writers to write content for you?

  31. it is really informative. I am gonna be careful

  32. You made some fine points there. I did a search on the topic and found nearly all persons will agree with your blog.

  33. Looking forward to reading more. Great post. Fantastic.

  34. Sweet blog! I found it while searching on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I ave been trying for a while but I never seem to get there! Many thanks

  35. reading science fiction books is the stuff that i am always into. science fiction really widens my imagination*

  36. Magnificent web site. Plenty of helpful information here. I am sending it to several buddies ans also sharing in delicious. And certainly, thanks for your sweat!

  37. Nice guidelines, many because of the writer. It is comprehensible in my opinion now, the usefulness and importance is overwhelming. Many thanks yet again and best of luck!

  38. Really appreciate you sharing this blog post.Thanks Again. Awesome.

  39. Thanks for sharing, this is a fantastic blog post.Really thank you! Great.

  40. Pingback: Google

  41. very nice put up, i certainly love this website, keep on it

  42. This very blog is no doubt cool and diverting. I have picked a bunch of handy tips out of this blog. I ad love to go back over and over again. Cheers!

  43. I really enjoy the blog post.Much thanks again. Keep writing.

  44. This is one awesome blog article.Really thank you! Keep writing.

  45. Enjoyed every bit of your post.Really looking forward to read more. Much obliged.

  46. Pingback: Google

  47. These players are generally in one of the most storied and exciting programs in college

  48. What a funny blog! I actually enjoyed watching this humorous video with my relatives as well as with my friends.

  49. Muchos Gracias for your article post.Much thanks again. Really Cool.

  50. there right now. (from what I ave read) Is that what you are using on your blog?

  51. I truly appreciate this post.Much thanks again. Will read on

  52. We must not let it happen You happen to be excellent author, and yes it definitely demonstrates in every single article you are posting!

  53. Very Fascinating Weblog! Thank You For This Blog!

  54. Simply wanna state that this is very useful, Thanks for taking your time to write this.

  55. This page truly has all of the info I wanted concerning this subject and didn at know who to ask.

  56. There is definately a lot to learn about this issue. I like all of the points you ave made.

  57. Very informative article.Really looking forward to read more. Want more.

  58. There is definately a lot to find out about this issue. I like all the points you have made.

  59. Very neat article.Much thanks again. Awesome.

  60. You are my aspiration, I have few blogs and very sporadically run out from post. Fiat justitia et pereat mundus.Let justice be done, though the world perish. by Ferdinand I.

  61. This unique blog is no doubt educating and also factual. I have picked many interesting things out of this amazing blog. I ad love to return every once in a while. Thanks a bunch!

  62. This is a really great examine for me, Must admit that you are a single of the best bloggers I ever saw.Thanks for posting this informative article.

  63. Way cool! Some extremely valid points! I appreciate you writing this write-up and also the rest of the website is extremely good.

  64. indeed, analysis is paying off. sure, study is paying off. Take pleasure in the entry you given.. sure, research is paying off.

  65. Fantastic blog article.Really thank you! Really Cool.

  66. Really appreciate you sharing this article post.Thanks Again. Will read on…

  67. I needed to write you that bit of observation so as to thank you the moment again for those unique strategies you’ve shared in this article. This has been simply surprisingly generous with you to grant easily just what a lot of people might have made available for an ebook to get some cash for themselves, primarily seeing that you could possibly have tried it if you ever considered necessary. Those smart ideas also acted to become great way to be aware that someone else have the same passion just like my very own to grasp a lot more when considering this condition. I know there are some more enjoyable opportunities up front for folks who see your blog post.

  68. A round of applause for your blog.Much thanks again. Will read on…

  69. Thank you a lot for giving everyone an extraordinarily wonderful possiblity to discover important secrets from this website. It’s always very ideal plus full of fun for me and my office colleagues to visit the blog really 3 times a week to read the fresh things you have. And lastly, we’re at all times impressed considering the extraordinary guidelines you give. Some 3 areas in this posting are unquestionably the simplest we’ve ever had.

  70. Rattling good information can be found on weblog.

  71. Im thankful for the article.Really looking forward to read more.

  72. You made some really good points there. I looked on the web to learn more about the issue and found most people will go along with your views on this website.

  73. Say, you got a nice article post.Really thank you! Keep writing.

  74. I in addition to my guys were actually looking at the best secrets on your web blog and then suddenly I had a terrible suspicion I had not thanked the blog owner for those secrets. The men appeared to be consequently passionate to study all of them and have in effect in fact been tapping into these things. I appreciate you for simply being very thoughtful and then for figuring out these kinds of tremendous subject areas most people are really eager to learn about. Our sincere regret for not expressing appreciation to earlier.

  75. time to be happy. I ave learn this post and if I could I wish to recommend you

  76. Valuable information. Lucky me I found your web site by accident, and I am shocked why this accident didn at happened earlier! I bookmarked it.

  77. I truly appreciate this blog.Really thank you! Want more.

  78. My brother recommended I might like this blog. He was totally right. This post truly made my day. You can not imagine just how much time I had spent for this info! Thanks!

  79. My husband and i felt really fulfilled when Chris could finish off his survey with the precious recommendations he had from your very own weblog. It’s not at all simplistic to just continually be giving away concepts that most people could have been trying to sell. And now we discover we have the writer to appreciate because of that. All of the explanations you made, the easy website menu, the relationships you will help promote – it is most fantastic, and it is helping our son and us feel that the theme is thrilling, which is highly essential. Thanks for all!

  80. It as hard to come by well-informed people in this particular subject, however, you sound like you know what you are talking about! Thanks

  81. Looking forward to reading more. Great article post.Thanks Again. Really Cool.

  82. This excellent website truly has all of the information and facts I needed concerning this subject and didn at know who to ask.

  83. Very good post. I will be experiencing many of these issues as well..

  84. I’m also writing to make you know what a exceptional discovery my daughter went through going through your blog. She even learned so many issues, which include what it’s like to have a very effective giving mood to make a number of people without hassle thoroughly grasp certain complicated topics. You really did more than readers’ expectations. Thank you for producing such valuable, healthy, educational and even fun thoughts on your topic to Jane.

  85. I really liked your blog post.Really looking forward to read more. Keep writing.

  86. Thanks for sharing, this is a fantastic post.Really looking forward to read more. Cool.

  87. Thanks-a-mundo for the article post.Thanks Again. Cool.

  88. Just discovered this blog through Bing, what a way to brighten up my year!

  89. This is one awesome blog post.Really looking forward to read more. Great.

  90. Seriously like the breakdown of the subject above. I have not seen lots of solid posts on the subject but you did a outstanding job.

  91. I?ve read several excellent stuff here. Definitely worth bookmarking for revisiting. I wonder how so much effort you put to make one of these fantastic informative website.

  92. There as certainly a lot to know about this topic. I love all the points you ave made.

  93. Keep up the good piece of work, I read few articles on this site and I conceive that your website is real interesting and has circles of excellent info.

  94. I am commenting to let you know what a beneficial experience my wife’s girl experienced going through your web site. She figured out too many things, which included what it’s like to possess a great coaching mindset to let men and women quite simply thoroughly grasp chosen grueling matters. You really exceeded our own expected results. I appreciate you for rendering the precious, safe, edifying not to mention unique tips about this topic to Lizeth.

  95. pretty useful material, overall I think this is really worth a bookmark, thanks

  96. Wanted to drop a remark and let you know your Feed isnt functioning today. I tried including it to my Bing reader account and got nothing.

  97. Say, you got a nice post.Really thank you! Fantastic.

  98. the time to read or stop by the material or web-sites we have linked to below the

  99. I simply had to thank you very much once more. I’m not certain the things I could possibly have undertaken without these tips and hints documented by you relating to this question. Completely was the intimidating issue for me, however , discovering the very specialised tactic you managed that took me to weep over joy. I am just grateful for your support and then have high hopes you recognize what an amazing job that you’re doing teaching some other people using your blog post. Probably you’ve never encountered all of us.

  100. Wow, incredible blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your web site is excellent, let alone the content!

  101. WONDERFUL Post.thanks for share..more wait .. ?

  102. You, my pal, ROCK! I found exactly the info I already searched everywhere and simply could not find it. What an ideal web site.

  103. You got a very wonderful website, Sword lily I detected it through yahoo.

  104. It as really very complicated in this busy life to listen news on TV, thus I just use internet for that purpose, and take the latest news.

  105. I appreciate you sharing this blog post.Much thanks again. Keep writing.

  106. Thanks so much for the blog post.Really looking forward to read more.

  107. I truly appreciate this blog article.Really thank you!

  108. I want to voice my appreciation for your generosity supporting men and women that really need help with that area. Your very own commitment to passing the message around has been surprisingly informative and has always empowered ladies much like me to get to their ambitions. This warm and helpful guidelines indicates a whole lot to me and especially to my peers. Many thanks; from each one of us.

  109. It as just letting clientele are aware that we are nevertheless open up for home business.

  110. Looking forward to reading more. Great post.Thanks Again. Cool.

Leave a Comment