Monday, August 6, 2007

How To Make The Most From Private Label Rights - Part 1

For those of you that are interested in diving into the private label rights (PLR) business, you will need to know a few things in order to take the private label beast on. Private label rights can prove to be extremely profitable or they can just be dead text if you don’t know how to handle them. Let's take a look how private label rights can help you make money online.

Creating Your Own PLR Report
First things first. Do some research and see what others are doing and what are the PLR products that are available in the market. Once you are done with your research, you have two options; either to go ahead and create a product similar to all those other products out there or to try and be different and think of something original. Be creative and you may come up with something that will earn you big money. Take your time and make sure what you are creating looks good with a great eBook cover and give good info.

Next step is to market it. The best way is to have affiliate links inside and give it away for free. This sounds weird but makes sense. Look at it this way. You will be able to get so many of them out there when compared to selling them. Your income will be from the affiliate links. On the other hand, if you decide to sell the product, make is reasonably priced. Include a rights file with the package.

That’s if you create your own product. What if you already have loads of PLR material collecting dust and don’t know what to do with it. Here are a few tips for that too.

PLR Software
Take a couple of PLR software products and get a programmer to rebrand them or if you can do it, well and good. You may add a few additional functions to them and change the graphics and change the complete look. Give them away free with MRR (Master Resale Rights). Make sure to include a sales letter and reseller rights file.

Software is always in demand and a free software give away will surely get a huge number of opt-ins.

PLR as Bonus
If you are creating a new product or you want to have more sales from your existing product, get some PLR that is related to your product, make the required changes, add a few affiliate links, get some new graphics done and you have a totally new product in no time, to give away as bonus. Bonuses always help sales and your new product will benefit immensely. Create more than one bonus this way and see the results.

Click here to read part 2 of this article.

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