Private label rights means: you sell someone your product and give them permission to rename and repackage the book under their own name.
Here is why offering private label rights guarantees you will stay poor forever:
(Keep reading below to watch a SECOND video that shows how I ended up making $1200 from this venture in 24 hours… in other words, I made 44 times my money back!)
Go to eBay and search for “private label rights” or “master resale rights.”
You will find all kinds of e-books and software that originally sold for $100… for under a dollar.
If you offer private label rights to your products, your hard work is going to end up in the eBay graveyard.
Here is what I did today:
8:46 AM: I saw a product for sale with private label rights and I bought it.
10:00 AM: I work a day job so during my mid-morning break, I quickly edited the Word document to change the e-book name. I also changed the name so I would appear as the author.
I ran into a roadblock… he provided layered graphics so I could easily change the name on them… but I didn’t have the correct fonts installed on my system. I uploaded the files and went back to work.
11:30 AM: I got out of a meeting at work and took my lunch break. During that lunch break I found the CD with the fonts I needed, changed the graphics, setup the payment buttons, and sent a quick mailing to my list of 11,000 subscribers telling them about the product.
I should note that it took me years to get this list built up by releasing product after product. This is also a list that is very relevant to the product and therefore very interested in it.
Are you still building some generic incestuous list of internet marketing leads? Stop that now!
11:54 AM: The first sale rolls in as I eat the last of my re-heated macaroni and cheese (cooked it the night before… this ain’t no crappy “boxed” stuff!). I hop in my car and drive the half mile down Monte Vista Avenue back to work to arrive right at noon.
That’s It!
The rest of my work day consisted of working at my day job. I didn’t do any other internet marketing work.
The Result:
A $27 investment on a private label rights product, in the morning, launched just before lunch and broke even before 12:30 PM.
By the time I checked that page after the end of the work day, I brought in 110 sales from a 12-cent dimesale which totals $732.60 (before fees)!
Where on Earth can you LEGALLY pay $27 and get $732.60 back in just a couple of hours?
I’m sitting on $700 profits for 20 minutes MAXIMUM of work on my part… I just made the equivalent of a week and a half of pay from my day job… during my coffee breaks!
Meanwhile, poor Jake has sold 8 copies at $27… which makes $216, minus $20 to run the WSO, minus whatever it cost him to write the sales copy and create the graphics… maybe he didn’t break even.
Oh Well… Thanks for the Cash, Jake!
What lessons have we learned today, kiddies?
Lesson #1: Offering private label rights is a great way to devalue your product.
Lesson #2: If you can find someone dumb enough to offer private label rights for a product that happens to match your list PERFECTLY, grab it as soon as you can and put it up for sale that same day.
Lesson #3: You HAVE to do it that same day. By “put it up for sale” I mean the order link is live and you send a mailing out to your list. If you “wait” even one extra day, you won’t feel like doing it anymore. I guarantee it.
You have to be faster than a speeding bullet when it comes to buying (and using) private label rights products… before someone beats you to it.
Can you please comment below and tell me if…
- You’ve offered private label rights in the past (and regretted it / didn’t regret it)
- You’ve bought private label rights… did you forget to actually use them? How much money did you make?
