If you are planning to take the path of the reseller in your Internet Business undertakings, you will do well to use these power tips I have laid out for you. I hope you will find them useful as they have been for me.
[1] Source for Quality Products at Exclusive Resell Rights Membership Sites
A good way to source for quality products with great demand is to purchase a yearly (or even lifetime!) access to membership websites dedicated to resale rights. These membership sites offer products such as E-books, software, templates, and audio/video with resell rights.
You are advised to look for membership sites which its webmaster regularly sources for such products, preferably either the webmaster does his homework often or he has a good connection with other product creators that he usually has the product before the launch day, if not one of the first to get it.
[2] Do Not Purchase a Product with Resell Rights If the Product Is Outdated
Chances are that the product is either over-saturated on the Internet, devalued over time or did not survive the test of time (especially true if the product contained a lot of time-sensitive information).
[3] Avoid Purchasing Packaged Products with Resell Rights That Are So-called Worth $2,500 but Sells for $47
In most cases, the bundled packages are really worth just that amount. If the product and its resell rights are too cheap to be true, this is often because either product is already old (I personally consider over 2 years old as 'old'), over-saturated on the Internet or devalued due to low prices offered by other resellers on the Internet (as you can see, becoming a reseller is tough competition!).
Consider purchasing the product and its resell rights only if you want to give them away for free, give as a bonus, or bundle them into packages where you can add value and sell at a higher price.
[4] Choose Quality Products with Resell Rights That Have Limited Competition
Preferably if the product is rather new, you have a good chance of having a head-start. Also if the author sells to customers whom most of them do not have really great marketing power, this can be your good chance as an Internet Business owner to leverage on your own connections, Joint Venture partner's efforts, and more.
[5] Choose Quality Products that Have Attractive Back-End Income Opportunity
Choose product with resell rights that also give you an extra income opportunity to earn more from the same customers. In the first three years of the resell rights mania, products with resell rights where created only to benefit their authors. Now, things are different. Like any other wise resellers, choose to sell quality products that not only enable you to earn up-front income but also back-end income from the same customers. If possible, choose a product that allows you to earn recurring income from back-end sales.
[6] Be Sure That the Quality Product with Resell Rights Has a Persuasive Sales Letter
This should be another deciding factor in choosing your product to resell for your own. If the sales letter is not convincing, it won't sell no matter how good the product is. The best litmus test is to read the sales letter yourself. If it does not persuade you, it won't persuade your customers, either.
Also be sure that the sales letter has quality testimonials as I tend to notice that most sales letters for resell right products don't have testimonials, which is very risky on the part of the reseller.
There, the power tips explained! When you make your first ten sales, send me twenty percent of your profits and a thank you note. You know the address.
Copyright (c) Edmund Loh
Edmund Loh is the author of E-Biz Wiz Blog and Starting An Internet Business Special Report with over 6 years of web designing experience before he engaged in Internet Marketing. Go to http://www.ebizmodelsyoucancopy.com/ to find out how you can be in business in 3 days with your own top quality product that you don't have to create yourself plus an opportunity to earn recurring income.
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