Notes for Newbies:Resell Rights Explained

The most difficult  part for many people starting out online trying to make some extra  cash is having a product of your very own to sell. Having your own product is the best thing you can do eventually to make a name for yourself and build a business.

The next best thing for many is to become a licenced reseller for a product. In most cases this will allow you to resell, reprint and distribute a product and keep all the sales.

However, this can be a confusing issue for beginners, as they struggle to understand the different licencing terms that go with a reseller package.

Here’s a quick overview of the different rights:

Giveaway Rights

You are free to pass on the ebook or software at no cost to anyone. You sometimes are not even allowed to sell it. You can find these rights usually stated at the beginning of ebooks or somewhere in the software file.
Giveaway rights are good for the end user as long as the content is quality and helps those who use it.

Resell Rights

Generally, you are free to sell these products at suggested resale price, plus these are usually royalty free with digital resell rights, so you keep all the money yourself.

Good ones come with pre-written sales pages, product images and even thank you pages, and there is usually a suggested retsi price listed.
You should note that some countries such as the US & the UK have price fixing laws. You can read more about those here: http://en.wikipedia.org/wiki/Resale_price_maintenance This is why licenses will say “Suggested Retail Price” in many cases. Make sure to read the terms and conditions set out by the author.

Master Resell Rights

When you have these rights to a product, depending on the terms – you could give it away, resell it, bundle it, create new information packages or include them in your own membership site.

You can even pass on or sell the resell rights to others, meaning that when you sell that product to someone, they can in turn sell it to someone else.

Master resell rights usually cost more (and you can charge more when you sell the product) but they give the licensed owner more control.

The biggest difference between resell rights and master resell rights is that with just resell rights you cannot sell the rights to others – you can only sell the product

Private Label Resell Rights

Here’s where you can get really original! You usually get the source files to a product, so you can create a new product from it and call it your own.

You could edit the content, add to it, remove certain parts, create new images, redo the sales page and repackage the entire product.

You could even use the text content to create a niche website theme, online e-course, or break a large file into mini reports.

You could then take the product you redid and give it away, resell it, bundle it, or create new information packages from it.

This information courtsey of SUREFIRE WEALTH.com