What to Look for in a Product before Buying the Rights?

Magazines
Image via Wikipedia

Part 5:  Q & A on Resell Rights

When you purchase resell rights, you will need to do some research to find out whether purchasing the resell rights will be profitable for you. Not all resell rights products are worth having, believe me there is a lot of junk out there.

First off, take a look at the product itself. Is it a quality product? Even though your name is not on the product itself, your name will be associated with selling the product, and you don’t want to sell junk. So, make sure that the product does what it promises, and that it is indeed of value and worthy of your attention, put yourself in your customers shoes, would you buy it?

Next step, you need to research the market. Is there a market for the product? An easy way to find out is to do a search in Google using keywords that potential customers would use to search for the product. Look at the sites that are advertising similar products. Some key factors to look out for…

The sponsored ads are the ones you are interested in. People and companies do not continually spend money advertising products that are not selling. If money is being spent on advertising, then there is a market for the product. Also look at related magazines to see if money is being spent on advertising.

Read the license agreement before buying the product. If it is not available to you without purchasing first, then walk away. You will want to check the license to make sure that you can market the product effectively, using methods that you know work.

You want to know if the sales letter converts, ask the vendor for conversion rates. Also you will want to make sure that you are allowed to change the sales letter as you see fit. At the end of the day it’s to your advantage to leverage as much control over the sales copy as you can for maximum sales potential.

Also see if you can find out how many people are currently reselling the product. Is the market flooded? Remember that 90% of the people with resell rights either won’t be reselling the product, or they don’t know how to effectively market the product. This is your chance to utilize a missed opportunity by other marketers.

After you’ve looked at all of these issues, and answered all of these questions, you will know whether you should purchase the resell rights product or not. If the product has profit potential, it’s worth buying. So with a bit of number crunching and research on your part you can profit.

Thanks’ for reading, please feel free to leave a comment

Next Week:  Finding the Best Places to Search for Quality Products to Resell

How you can make money withoutendless hours of work

4 comments to What to Look for in a Product before Buying the Rights?

  • Make Money with Private Label E-Book Resell Rights : The NMP Network

    [...] What to Look for in a Product before Buying the Rights? [...]

  • How You Can Make Money without Endless Hours of Work : The NMP Network

    [...] What to Look for in a Product before Buying the Rights? [...]

  • Jim Spence

    Jim Spence…

    It sounds interesting but I am not sure that I agree with you completely….

  • Bill Masson (WWAH)No Gravatar

    Jim Spence
    If you would like to elaborate a little bit more, what do you disagree with?
    I haven’t included your link for the comment because I don’t see any value in your message. I will however reinstate your link if you expand on your comment and give some value to my readers.
    Regards

    Bill Masson (WWAH)’s last blog post..Jonathan Leger Launches Answer Analyst

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

CommentLuv Enabled

Anti-Spam Protection by WP-SpamFree

Subscribe without commenting