INTRODUCTION
In today’s post , we will be looking into the details of Private Label rights [PLR] , the advantages and disadvantages and how they can be leveraged to the best advantage.
We are living in the information age where knowledge has become a valuable resource which makes it possible to be be transformed into an Information products like online courses, eBooks etc eBooks.
Here comes the great challenge- creating this info products can really take a lot of time and processes ,if you are not patient enough, you can easily give up on this.
This is where Private label rights come into play. These allows you to sell information products not written or authored by you and make a lot of recurring income, Sounds great right?? Now let us proceed to know what Private Label Rights are
WHAT ARE PRIVATE LABEL RIGHTS {PLR]
PLR (Private Label Rights) are special licenses given by an original creator of a product or author of a book to third parties which allows then to sell as their own . Products that have such rights are known as plr products
In short, a PLR product indicates that it is material with an intellectual property license granted by the author through sale.
With Private label rights, you can change the content , personalize and also sell the product as if it is your own. Products .You can obtain PLR licenses for articles, ebooks, software, video etc. Once you have these rights , you can rewrite the articles to post on your blog or you can rewrite them and sell them on platforms like jv zoo, warrior plus and clickbank and make profits. For a training course that will show you 20 different ways to get started selling PLR products, click here
OTHER TYPES OF LICENCES OR RIGHTS
Apart from Private Label rights which are the most common Licences, there are also other types of licences attached to information products , these include the following
- Master Resale Rights (MRR): You have the right to resell the product, but do not allow you to edit the content.
- Transferable PLR: Means you have the right to resell the PLR to your customers, who can then edit the content and claim their authorship.
- Resell Rights(RR): With resell rights, you can still resell the product, but your customer receives it for personal use only.
- Personal Use Rights(PUR): These only allow you to use the content for personal purposes, which means you cannot sell it or do anything else commercially.
ADVANTAGES $ DISADVANTAGES OF PRIVATE LABEL RIGHTS
ADVANTAGES
- PLR saves you some time which could have been uses to create your own product from scratch
- PLR content is quite affordable
- You can change the content , sell as your own and also keep 100% of the profits
- You can claim full ownership of the product by putting your name on it
DISADVANTAGES
- Many PLR suppliers may limit the number of licenses sold
- Some PLR articles are poorly written hence it can be difficult to find high quality PLR Product
- There may be restrictions on how it can be used.
HOW TO LEVERAGE PLR FOR PROFITS
- PLR content provides you with ideas and the basics of an article. All you have to do is revise.
- You can build your email list by offering a high quality PLR ebooks , videos in exchange for their email addresses . You can start building relationship with your email list by sending them messages
- While article marketing doesn’t help much with SEO anymore, it can get your business information in front of someone else’s market. Like blog posts, PLR for article marketing gives you the framework from which to write an original piece you can submit to another website or blog.
- Creating and selling information products fits into nearly every business model. If you have a direct sales business, you can sell eBooks related to your business industry . You can use PLR as a low-cost entry or upsell to your products or services.
In conclusion , the key strategy to success in PLR is to make it your own . Text content (articles, eBooks etc.) should be completely rewritten. Infuse your ideas, thoughts, and personality into the content.
To get started selling PLR products, we highly recommend this training course that will show you 20 proven ways to sell plr products