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All The Types Of Resell Rights
from: Daniel CortesThere are many different types of resell rights. Resell rights vary from the very basic right to resell a product to another person to the more versatile rights that allow you to alter a product, rename it, or much more. All of these different types of rights can be bought or sold. Let’s take some time to briefly discuss the 6 main types of resell rights.
Give Away Rights
With this type of rights you can give a product away for free. Generally, however, you may not resell the product or edit/alter it in any way.
Royalty Rights
This type of resell rights requires you to pay the author or franchisor of the original product a percentage from each sale of the product that you make. This most often applies to physical products such as books like those you would find in bookstores.
Customization (or Branding) Rights
This is one of my favorite types of Resell Rights because you buy the right to insert your affiliate links in the owner's product. Usually, you would join the affiliate programs mentioned in the product and the owner provides a software application that allows you to insert your own affiliate codes in the product.
Basic Resell Rights (also called Reprint Rights)
This type of resell rights allows you to resell the product. However, your customers do not have any rights to resell the product to anyone else. With this type of rights you keep 100% of the profit you make with each sale.
Master Resell Rights
With this type of resell rights you have the ability to resell the product along with its Basic Resell Rights to your customers. This also allows your customers to resell the product to others, such as their own customers. What makes Master Resell Rights attractive to many is the fact that the Master Resell Rights can be sold alone, or in combination with the product itself.
A couple of variations of this: Sometimes a product license will allow you to TRANSFER the MASTER rights meaning your customer can become a MASTER Reseller. Some product owners do not allow this. Make sure to read the terms when you purchase the product. A serious marketer will always disclose the product right on his/her sales page.
Private Label Rights
This is probably the most versatile and sought after type of resell rights. Generally when you buy Private Label Rights you buy the right to alter the product in any way you wish. Examples of this are: putting your own name or company label on it, selling resell rights to the product to others as your own, using the product as a foundation for your own products.
Same as above, some PLR products allow you to transfer the Private Label Rights and some do not. Again, make sure you read and understand the type of right you are buying and don't ever break the license terms, this is crucial for your reputation as an Internet Marketer
As you can see, resell rights have many benefits and provide many channels through which you can make money with them. Taking the time to learn more about resell rights could prove very worthwhile to you.
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Daniel Cortes is a versatile Internet/Niche Marketer with a successful Direct Marketing background author and publisher of the "DirectEzine" Newsletter.
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