So who are Resellers and what are resell rights? Basically, a good definition of a reseller is an individual or company that buys goods and services in order to sell them to others in addition to using the product for themselves. While the goal is generally for commission or profit, often times you can also lose money if you’re not careful. Many companies incorporate the concept of “resell rights” in the form of resellers, which enables others to sell the good or service for a commission. However, as it pertains to resell rights on the Internet, you can buy the rights to the product and resell it, keeping 100% of the commission. A very popular trend in online business processes is to use this concept for eBook and software.
Also, there are basically two types of resell rights being used most often today, these are regular and master resell rights. The basic difference between these two forms of rights are that with a regular, an individual can only sell to their customers; However, their customers do not have the right to resell the product again. Conversely, if one opts for the master rights, then your customer can then resell to their prospects.
While your customers can continue selling the product or service you had sold them (if they have master resell rights), they must have the license that grants them these right. One can normally purchase these rights for an increased price. If on the other hand you do not want your customers to be able to sell the same product then you can limit their rights by way of a limited license. The price for these regular rights is somewhat less expensive than the master resell rights.
Often affiliate programs are confused as a resell rights type model but they are not the same thing. This becomes clear when you look at the overall commission and profit structure. With resell rights you keep all of the profits made from selling the product. Conversely, when you sell a product as an affiliate you keep only what has been designated in the affiliate agreement, normally the range is between 20 to 50% of the sales price and is paid to you in the form of a commission.
Because so many people use the Internet, and the Internet Marketing industry is now mainstream, the use of resell rights has taken off. Web hosting in particular is an excellent example. You can buy a large amount of web space with the plan of selling space and bandwidth to consumers online. While there may be an initial investment reselling this space, the return can be substantial.
In addition, there are also Private Label resell rights as well as Re-branding which allow buyers to make edits to or change the labeling of a product before resell. However, when it comes to the ability to generate income, most people use master resell rights so they can raise the price. This is customary in the Online Marketing arena, in fact, you can easily find this method in the Internet Marketing industry.
Regardless of your choice, regular and master resell rights provide individuals the ability to create money easily and efficiently. The amount of effort to turn a profit is not substantial. You can quickly make money by using resell right products. If you spend a little more time by rebranding these products, you can make even more.
As a result, whether one is selling a product or service, an e-book or a course, those holding either regular or master resell rights can be rather successful selling these online. Conversely, if you are using a product to resell you should make sure you have a license to do so and normally those are included in the product package when you purchase the resell rights. If you do not have one be aware, you could get into hot water. Using resell rights to get your business off the ground is a logical first step and many new online business owners should consider this model initially.
Looking for comprehensive info on Resell Rights in terms of PLR Products ? Get the super inside skinny now in our exclusive resell right guide.
