I just got in from a nice little weekend get-away with friends, sat down to check my email, and was pleased to see all of those "Notification of Payment Received" emails that you get from PayPal when you make a sale.
That's one of the great things about running an online business... The internet doesnt have retail store hours, and so your websites are working for you 24/7 - even when you arent in front of the computer!
I am particularly fond of passive income streams and automation, which bring in sales and manage the transactions completely hands-off.
One of the easiest ways to set something like this up is to use Master Resale Rights on a product that someone else has already developed. Within the Internet Marketing or Online Business niche, there are two that I have done well with on a consistent basis.
One of those is The Ultimate SuperTip by Harvey Segal. I originally mentioned it over a year ago (in 2005) and still make money with it every month. I have not actively promoted it in over a year... yet it still sends $10 payments to my PayPal account to this day! My original write-up on the Ultimate Supertip can be found here: Viral Marketing Made Easy!
You can download it free and check it out - you'll see how it works when you read it π
Another one that I have done really well with is Write That Report! by Jonathan Leger. This is a newer product, of course - but I am still seeing $7 payments to my PayPal account almost daily since mentioning it over a month ago.
You can read my original write-up on it here: Writing Reports for Money.
There are a lot of these types of Reports and Info Products that you can make 100% commission on in other niches as well (outside of IM & eBiz). Jonathan Leger has an entire website set up to feature $7 Offers for example, where you can buy the product for $7 and review it - then resell it and get 100% commission on every sale.
I think that one of the reasons these products do so well is because of the low price range. They are great for impulse buys, but they are also great value for the price. And when you find a good little product that makes buyers happy, and continues to put money into your PayPal account... well, that's a winning combination in my book!
If you are new to using Resale Rights, Liz Tomey and her partner John Hostler have put together a great course called Resell Rights for Newbies. It is very extensive and covers the basics plus some creative marketing ideas... And it's free π
Resell Rights for Newbies
Best,
Technorati Tags: master resale rights, plr, private label rights, resell rights, reprint rights, online sales, selling online, info products
nice article, I have several product that have master resell right or just resell right only, but I don't know how to get money from these products. i will read your free tutorial, thanks a lot.
goonie
Lynn,
We're now thinking a like... I JUST saw your post on the $7 stuff, and yesterday I made a post about the $7 stuff too. Mine was more along the lines of the "crap" stuff out there, but just had to comment that great minds think a like... π
Liz
Hey Liz!
I have to say... I just spent the last 9 minutes trying to find the blog post you were referring to. Either I have lost my mind, or you HID it from me - lol. Would you send me the link? π
I think affiliate marketing is fastest way to earn money on internet and at the same time we can learn some tricks or some theories from the program so that we can apply in our own products in future.
Recently I signed up a affiliate marketing which is very intereting and l learnt some principles of life as well from there.
I hope I will make money from there fast!
The problem with full resale rights is that websites like http://www.floodle.net simply buy all these ebooks and give them away free
If thats truly the case, then they need to be turned in. Resale rights, and Master Resale Rights are protected by publishers policies and letting those publishers know should get anyone shut down for giving away material that is for sale.