HOW TO MAKE MONEY CREATING REPRINT RIGHTS AND PLR MATERIALS FOR THE WORLD

As you know, the central theme that runs through this book is how to get rich with internet. One other way you can make legal money on the internet beyond your imagination is creating tons of your own PLR products, reprint right products, software and website script etc and make big money from them on a consistent basis without being worried about writing a single word.

Before I move on, let me quickly tell you that the most popular thing about PLR is that of you making purchases and then resell it for maximum profit. You must know that when we talk of PLR it is an abbreviation for Private Label Rights and what this simply means is that someone spends hours, sweat, blood to do all difficult work; then you come in, collect the result of the pain and you make as much money as you can. Sweet system! You will say.

So how exactly is the business done?

The first thing you need to know is what exactly you want to write about. The easiest way to do this is to go to www.clickbank.com and www.amazon.com etc and monitor the product that is outselling others. You may also go to www.google.com/trends and monitor which particular topic is in hot trend/demand.

Having discovered this hot topics, you will then need to play smart by hiring someone to create 20 to 60 paged ebook for you  on the topic, then offer the e-books for sale as either PLR or reprints rights. Note that reprint right is different from PLR. Reprint right limits your buyers to selling the e-book without changing the name and the content of the e-book. While PLR gives them the right to do anything they want with the e-book they buy from you. In practice, PLR products are more expensive than reprint rights products. In fact, the product can sell for as high as between $97 to $300 per copy and you can sell this monthly for the rest of your life because it sell like a piece of biscuit.

So after you have come up with resell right products topics, you want to create e-books, or software or even articles on, the next thing to do if you can write the book or develop the software on your own is to visit any of the following sites to hire somebody to do it for you:

www.freelancewriting.com, www.guru.com, or even www.rentacorder.com. You can also do more search for “freelancer” or freelancing” at Google to get more places.

The moment you get these sites make sure you register with them and list your job. However, make sure you understand the rules and regulations of the sites before you start posting jobs. Another important thing is that you must take necessary caution in hiring freelancers. Demand for proofs of what they had done and make sure you sign memorandum of understanding before you give out the work. Bid as low as 100 articles at $2 per article or something a little above that.

The next step is to design your e-book- cover by buying e-books or software cover designs to help sell the e-books. You will also need to create mini site with powerful sales copy to be able to sell your e-book. If you don’t know how to do this, visit my site www.paperlesssalesletterwriting.com for best advice. Get a payment processor to help you collect your money so you can put the whole thing on automatic system so that people can download as they pay. You can use Paypal, 2checkout, graphcard, Fastechash.etc. for this purpose

When everything is in place, it is high time you started selling your products. A good starting place where you can make your quick sale is through forum. You can achieve maximum sales by making useful posts in many forums before your product is ready for sales.  Forums such as Nairaland.com, akinalabiforum.com, cyberbreakthrough.com etc can be explored. Once the product is ready you can do what we call special offer. You can also visit www.warriorforum.com for more on warrior special offer (w.s.o)

Below is the four key point that will ensure you make the most of this business strategy.

1.                Don’t offer unlimited copies of your products as this may affect your sales. The best practice is to offer limited copies of your materials and make sure you stick to it. For instance, if you spent $200 to create the products and set up your site, you could target $4000 as your gain. So you could offer to sell just 23copies and no more at $195 per copy.

2.                Create a membership site where you offer broad new materials monthly. This allows you to make money monthly. The bane of making this happen is that it is expensive to set up. It could cost you up to $1000. But in the long run it’s worth the salt.

3.                Create products around hot in demand topics.

4.                Replicate your effort when you experience success with one subject or topic, replicate to create an empire. So don’t stick to one website.