If you've been looking around the web for ideas on making money online, then you may have stumbled across the idea of selling products with 'master resale rights'.
So what exactly is this all about? And how exactly does it work?
Put simply, if you own the master resale rights to a product (an ebook, a piece of software, a video tutorial...), it means you have the right to resell that product from your own website or blog and keep all the profits from every sale you make.
There are plenty of products available with master resale rights -- and across a vast array of topics. Just run a search on Google and you'll find plenty. Or go straight to the source and grab a huge package like the one available at http://www.totalresale.com.
Now, once you've got your hands on a nice product that you'd like to sell, what happens next?
Here, in a nutshell, are the steps involved in getting started...
1) The first thing you need is a website or a blog to sell the product from. While it's possible to use a free service, you'll come across a more credible and professional if you own your own domain name -- especially if the domain name is directly related to the product you're selling. There are plenty of cheap hosting and domain name packages available, so don't let this step put you off. (As an example, services like Mister.net offer a hosting plus domain name package for just $35 a year.)
2) The product you want to sell will come with an 'almost-ready-to-go' sales website. You just need to make a few tweaks to the sales page and the download page before sending them online.
Basically, on the sales page, you need to change the contact details to your own and, more importantly, you need to add your own order link.
While the idea of setting up your own ordering process might sound daunting, it's actually quite easy.
Just open an account with a third-party processor like ClickBank ($50 start-up fee) or PayPal (free). They'll provide you with the snippet of HTML you need to add to your page in order to receive payment and deliver the product.
On the download page (or 'thank you' page), all you need to do is insert the download link to the product so that your customers can automatically access it after they've completed payment.
3) Upload the sales website and the downloadable product to your website and you're ready to go.
That's all there is to it -- your first master resale rights product is ready to sell!
Now, at first glance, this might seem like a lot of effort. However, once you've completed the process a first time, you'll see that it's really quite easy. Having said that, if you'd like a more detailed overview of the process, you'll find this tutorial useful: http://www.bizzydays.com/resale_rights_tutorial/
Okay, that's it for now. I hope you found this brief overview useful. Now, just get out there and find the perfect master resale rights product for you -- and start selling!