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Any real money in PLR Article Writing/selling?

by YP8
13 replies
...taking a while to get my first product out there, but on my travels i've been impressed with Tiffany Dow's PLR Mini Mart.

Do you think there is any good money to be had in writing and selling bundles of PLR articles, or is it a saturated market?

I have a specialty in health & fitness, can create videos too - might be a whole new avenue for PLR, been published a few times - and my first ebook is feeling good(still battling with the techno stuff though!!)

Worth a try?
#article #money #plr #real #writing or selling
  • Profile picture of the author wealthyminds
    Yes, PLR Videos sounds really good - which can be used for video marketing.. Try integrating a script which personalizes the text and links inside the video - it's worth it i say!
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  • Profile picture of the author Andy Fletcher
    I'm not sure about selling PLR to articles but selling limited PLR to full ebooks or video courses is definitely a profitable way to go.

    I've been on both sides of the fence for this one. Selling PLR is a great way to get an injection of cash into your business and buying it is a great way to sell your "own" product to an existing list.

    I've not seen many PLR video sets but the ones I have always seem to do well. Probably because not many other people are doing it. If you have the expertise I'd start there rather than articles.

    Andy
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  • Profile picture of the author BIG Mike
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    • Profile picture of the author willyboy104
      Originally Posted by BIG Mike View Post

      PLR started becoming really popular about 5 or 6 years ago I think and it's been going strong ever since. Hundreds, if not thousands of PLR memberships have sprung up since then along with ongoing once off type offers for PLR packs.

      It's not even close to being saturated - especially if you do it the old school way. The most important thing is to write very high quality content and limit its distribution (without any type of rights other than personal use.)

      Then add in the elements that make your PLR outshine all the others, i.e.; thematically related graphics, webpage templates, audio, video, reports, ebooks, etc., so your customers have everything they need to launch a new site or expand an existing one.

      As long as you provide real quality and value, PLR will always be marketable.
      Totally agree with you Big Mike.

      However to add on to this I believe there have been too many people in the past several years who have jumped on the band wagon so to speak, with low quality, poor PLR packages. These people have made PLR seem like a low quality market overall and it seems they saturated the lower end so many people now assume that all PLR is low quality.

      However this is not the case, understandable that finding high quality PLR is not as easy as it should be, however if you just look on the warrior forums for a start, you will be sure to find high quality PLR.

      PLR is a great market, for buyers and sellers since it cuts production time by 99% for buyers and helps sellers use this business model to create more wealth for themselves.

      If you offer high quality PLR with a high level of customer support and ACTUALLY listen to you're customers then your set.
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      • Profile picture of the author BIG Mike
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        • Profile picture of the author willyboy104
          Originally Posted by BIG Mike View Post

          These are my favorite kind of people - they make it easy for us to "WOW" others
          I like your positive outlook =D

          Never saw it like that but heck, they definitely do...
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  • Profile picture of the author cashcow
    I third what Big Mike said.

    But, you have to have a good selection of PLR products to choose from before you start seeing a decent income.

    The thing is that if you produce quality, you will have people that come and buy from you over and over again because they know they will get a good product and not have to chance buying crap from someone else.

    I know when I buy it, I stick with a few suppliers that I know produce quality - I don't even bother to look anywhere else.

    When I sell it, I have a steady stream of customers that buy my new stuff right away (took some time to build my list to this point but all businesses take time to build up, right?)

    Also, I don't know about any other PLR sellers but I have found that selling PLR (I mean article packs or reports and ebooks) in the WSO section is not that profitable, so I think you need to spend the time to develop a website and get customers outside of our little world.

    Lee
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  • Profile picture of the author revenue27
    Yes PLR products are really profitable and the easiest way to get profits fast, I use this as my living, and now I've built a PLR membership. PLR has helped me to achieve the life that I want to.
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  • Profile picture of the author Charles Washington
    Can some one post a successful formula? I dont see how it can be all that more profitable than just writing unique content for people.

    What am I missing?
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  • Profile picture of the author willyboy104
    @Charles, with PLR you are able to sell what was unique content (since you created it yourself) to an infinite amount of customers (although many choose to limit the amount, including myself).

    With PLR although the price is lower than what you would price a unique article package for, you are able to re-sell this article package several times over, where as with a unique article package you can only sell it once before you have to restart the whole process.

    The price of unique article packages or writing articles for individual clients is generally quite low up until you have established a name for yourself, before you are seen as being a reputable article writer you would only get at the most $3-4 per 100 words, and thats if you are lucky.

    This obviously doesn't include specialist writers such as those who writer on certain subjects only or those who write sales pages. We are talking generally here, just for this explanation.

    With PLR you are able to write the same 100 words for a variable profit, dependent on the amount of customers purchasing.

    The formula for more profit depends on the price of your PLR packages and the amount of customers you are able to convert.

    For example:

    Unique Article - Price per 100 words approximately $1-$5

    PLR is a little more complex of a formula since it depends on variables unknown to the creator, however you can estimate.

    For example lets take a PLR package of 10 articles, 500 words each, so 5,000 words in total.

    They sell on WSO section of the forum for about $9-12, for this example we shall say $12 as we are expecting the creator to produce high quality articles.

    So that is $12 / 5,000 words = $0.24 (I think that's right)

    However if we say the PLR creator gets 10 sales that multiplies by 10... = $2.40 (per 100 words)

    If the PLR creator gets 20 sales that multiplies by 20... = $4.80 (per 100 words)

    And so on, I think it's also important to say that the majority of article writers only charge $1-2 per 100 words so with 10 sales you have broken through the majority of article writers profits.

    Sorry for the long winded approach to explain this, just thought it might help, hopefully its not confused you anymore.

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    • Profile picture of the author Charles Washington
      Originally Posted by willyboy104 View Post

      @Charles,

      For example:

      Unique Article - Price per 100 words approximately $1-$5

      PLR is a little more complex of a formula since it depends on variables unknown to the creator, however you can estimate.

      For example lets take a PLR package of 10 articles, 500 words each, so 5,000 words in total.

      They sell on WSO section of the forum for about $9-12, for this example we shall say $12 as we are expecting the creator to produce high quality articles.


      And so on, I think it's also important to say that the majority of article writers only charge $1-2 per 100 words so with 10 sales you have broken through the majority of article writers profits.

      Sorry for the long winded approach to explain this, just thought it might help, hopefully its not confused you anymore.

      That's the problem I run across in my mind. I have never written for less than $10 per 500 words. I would have to sell over 40 packages just to equal what I could make with one client buying 10 unique articles.
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      • Profile picture of the author willyboy104
        Originally Posted by Charles Montgomery View Post

        That's the problem I run across in my mind. I have never written for less than $10 per 500 words. I would have to sell over 40 packages just to equal what I could make with one client buying 10 unique articles.
        This is the problem you face if you're thinking of short term, however in the long term you will be able to create a brand or be seen as a reputable source for PLR. More people will purchase from you and for higher prices, just as you see with article writing.

        Obviously, that was just an example above, and the prices/customers were just variable, you could increase your prices and increase your quality and people would still purchase, however the amount of people that purchase would presumably be lower.

        Hang on...you said you would have to sell over 40 packages, no no, that's wrong.

        Sorry, my explanation was a little confusing ^^

        With 10 sales at $12 per PLR package, you would be getting $2.40 per 100 words which would equal $11.20 per 500 words which would be $1.20 more profit than you receive now.

        Therefore with 40 sales you would be getting $9.60 per 100 words which would equal $48 per 500 words which is obviously $38 profit.

        However it is important to note that at the end of the day these are just numbers, numbers which many businesses base their next years financial growth on yet 95% still fail...it is important to put what you learn in to action, you are currently getting $10 per 500 words then it is up to you to either work on increasing your price per word or moving to PLR packages also.

        Hope this helps.
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      • Profile picture of the author BIG Mike
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        • Profile picture of the author Charles Washington
          Originally Posted by BIG Mike View Post

          OK, I see you figured out the math

          Here's the other thing Charles - you don't have to lock yourself into one or the other. You can still write and sell unique articles and in between sell PLR packs if you want.

          We've got a number of small, targeted PLR memberships that bring in somewhere in the neighborhood of $5K per month or so. The memberships are fairly consistent, with a low churn rate (some leave, some join) and they're really easy to manage.

          That's on around $1,200 to $1,500 a month in expenses, so say net about $3,500 or so. But to make it work, you have to deliver on quality...
          So, how many pieces of what format of PLR should I offer at what price points for PLR membership site?
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  • Profile picture of the author Charles Washington
    ^^^ DUH!!! I did my math way wrong, didnt I? I see a little more clearly. Do you know of any good study material on the subject?

    Thanks
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  • Profile picture of the author cashcow
    Write 10 unique articles for $10 each = get $100 in hand in 24 or 48 hours

    Write 10 PLR articles - sell 100 packs at $10 each = get $1000 over a long period of time (of course, you take the risk that you might only sell 2 packs or even none!)

    It's definitely a long term vs short term kind of thing - do you want some money now or take the risk to get a LOT more money later?

    That's why I mentioned that you have to have a lot of plr packs for sale to make decent money because the income dribbles in a little bit at a time, but if you have enough product to offer then it all adds up to a decent income.

    Lee
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