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PLR?

by bigredrassler
8 replies
So, a little backstory first. Still working to make my first dollar in IM, decided to focus on one affiliate product so I could practice SEO, copywriting, etc. Been working on this for almost a week and I know I won't get results right away.

I WAS fine with this fact until my car crapped out on me. So now I have to find a way to raise a grand or so by next week so I can get it fixed and start getting ready for a new job.

I have an e-book, mostly written, that could be finished in a couple of days and a few companion books. I don't have money to register a domain, let alone pay someone to build a site faster than I can, and I really don't have time to build an affiliate network, write articles, write a sales letter, build backlinks and the rest of it.

I thought, maybe there was a way to sell the book and companion books for quick cash and did a google search and PLR sites came up. I'm still kind of green, is that what Private Label Rights is, is selling the ebook to another marketer to let him or her use as their own product?

If so, does it usually have to be a product with proof that has a strong sales record and an established presence, or can it be just a book, sitting on my hard drive?

To stem the tide, this is in the PMA/Self-help niche, well researched and pretty well written. I also have a business plan mostly constructed that I was going to use to get financing for the production of the website.

If I am wrong, please let me know, and if there is a way to sell a product that has not been launched yet, I would love to know what it is.
#plr
  • Profile picture of the author Dan C. Rinnert
    Yes, you could sell PLR rights to your eBook for use by other marketers. You'll want to include a list that details what they can and cannot do with it. Some of the PLR sellers will probably chime in with suggestions on that.

    Perhaps the best way to get the most bang out of selling it is to limit quantities. That way, fewer people will have their hands on it in order to use and resell. Quantities may be 10, 25, 50 or even 100. I think most do well under 100. The more limited the quantity, typically the higher price you can command.

    So, you could perhaps sell yours for $40 to 25 people to get your $1,000. If you want to sell the book yourself later, keep one license for yourself. In this example, that would mean you would keep one copy and sell 24.

    This may or may not be the fastest way to earn your $1,000 though. You never know how the PLR will sell. It may go fast or it may go slow. If you have high hopes for this product, you might want to look for an alternative means of earning $1,000, because once you release it as PLR, it's pretty much out there in the wild. And, if you earn far less than you anticipate, you'll possibly end up kicking yourself later.
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  • Profile picture of the author bizman413
    I mean. You can sell your E-book on websites. PLR is basically giving others the right to sell your E-book, though they can't change the content in any way. Master Resale Rights means you can do whatever you want with the E-book.

    That's my understanding at least.
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    • Profile picture of the author Dan C. Rinnert
      Originally Posted by bizman413 View Post

      I mean. You can sell your E-book on websites. PLR is basically giving others the right to sell your E-book, though they can't change the content in any way. Master Resale Rights means you can do whatever you want with the E-book.

      That's my understanding at least.
      You've got that reversed.

      Resale Rights and Master Resale Rights allow someone else to sell your product. In those instances, generally, you may not be allowed to change the content.

      With PLR, depending on the rights sold, you can typically do stuff like put your name as the author, rewrite it, add to it, break it up into blog posts or articles, etc.
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  • Profile picture of the author bigredrassler
    MRR sounds like a better option for this book. I am working on another info-product that I think will do far better and am taking the time to learn the essentials, I may even hire a coach once I start this new job.

    I know this book will do well because I did quite a bit of market research when writing the business plan. But I am willing to take a loss in the long run to solve my immediate problem. I know it is better to think for the future, but with my limited resources and developing skills, I am sure another marketer would be able to make this much more profitable than I can immediately.

    If I included the market research, and it proved the product to be a worthy investment, could I sell the MRR or PLR for a subtantial price, say 10 copies at $100?

    And more importantly, where would I sell the rights?

    I guess PLR would be the way to go to give the marketer more freedom, thanks for the correction Dan.
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    • Profile picture of the author Dan C. Rinnert
      Without a track record, MMR may be a harder sell. You would be giving them limited options and they would have no idea how well it might sell.

      With PLR, at least, they can brand it under their own name and make whatever modifications they deem necessary to make use of it.

      To sell, you could run a WSO, which means you'll need to become a War Room Member ($37) and pay the WSO fee ($40).

      You might also consider seeing if you can find someone with a big list in that niche to see if they might be willing to promote your product for a commission. Then, you could set up on Clickbank (though that may take several days) or PayDotCom or RAP or some similar setup.
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      • Profile picture of the author tpw
        Originally Posted by Dan C. Rinnert View Post

        You might also consider seeing if you can find someone with a big list in that niche to see if they might be willing to promote your product for a commission. Then, you could set up on Clickbank (though that may take several days) or PayDotCom or RAP or some similar setup.

        If I remember right, Rapbank.com setup can be done for under $40.

        I would advise to find publishers with a big list in the niche, offer them 50% commissions, and when you know you have publishers on board, then setup your Rapbank account to handle the processing and product delivery.
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        Publish Coloring Books for Profit (WSOTD 7-30-2015)
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  • Profile picture of the author webapex
    Your best bet may be to approach a successful title publisher to buy you out, perhaps a regular Clickbank author with products complimentary to yours. Although, people routinely pay just a few hundred for titles outsources to spec.

    It will be a great success story to share if you manage to go from 0 to $1000 in a week, if you had a bit more timer I would think freelance writing might be the most sure thing.

    PLR is sometimes uses as the final resting place for titles that have been a prime offer, then perhaps recycled into a small bundle and are now a bit out of date and too well known.
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  • Profile picture of the author bigredrassler
    Thanks. I will get something together.
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