you ever heard of done for your content products? Or workshops? The
most basic is Private label right products, also known as PLR, and
they come in many different formats with the most popular being
written products, such as articles and ebooks. You can also find
software, video, audio and visual content with PLR. As for how
people make money with PLR, the options are virtually endless.
If you are unfamiliar with PLR here is a little more information
that may help:
To get started, let's talk about ebooks first. As a holistic
entrepreneur having a great entry funnel can be the best way to
build your list, but maybe putting your passion into words isn't
your forte. A PLR ebook is traditionally sold for two or three times
the average selling price. For example, a 50-page ebook on essential
oil basics online may sell for $9.99. For private label rights
to that book, you could expect to pay between $40 and $60 depending
on what you are getting, and where the content is coming from.
While this may seem like a lot, you aren’t just buying an ebook to
read. You are buying the re-branding and resale rights. You can edit
all or portions of the ebook (which I recommend), change the cover
image, add your name as the author and sell it as if it’s your very
own to interested buyers for the retail price. So, if you sell it
for $19.99 you’ll make back your investment in just 5 sales.
Anything after that is pure profit!
Then start driving traffic to your opt-in page and generate interest
with online social media posts. You can also hook up with popular
third-party website, like Amazon or Lulu.com, where you list your
ebook for sale, although I don't really recommend that for PLR. Just
keep in mind that these websites take a percentage from each sale,
cutting into your profits, but in turn you get access to their
massive customer base, so often it’s a good trade.
When it comes to PLR articles, you have much more freedom. Most
buyers take the articles and use them for website content. For
example, if you purchase a package of 25 articles on how to create
your urban garden, you have 25 pages of web content. You now have
the ability to do a series of blog posts to drive traffic to your
website, or start a group to share your knowledge with a few great
emails to get started with. These are two easy ways you can get
started using PLR to grow your business. Here's a few of my
customers favorite PLRs.
You want to spend your money wisely. This
involves buying well-written articles, ebooks, good quality video,
audio and software products. Just keep in mind that you want to turn
a profit too, so take the time to calculate your profit margin as we
discussed in your first lesson. For example, you don’t want to spend
three hundred dollars on a piece of software that you are going to
give away as a lead generator. You will need to know exactly how
many copies that you must sell to make a return on your investment.
Pay attention to the product license. Don’t buy products with many
restrictions. While all PLR may grant you the ability to edit and
claim the product as your own, some sellers place additional rules
and restrictions. For instance, you may only be allowed to use it as
your own content and not allowed to sell it or you may be able to
sell it to interested buyers, but pass along the same rights to
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