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How To Make 100% Profit Using Other People's Products
How does it sound if you can sell a product and you keep
100% of the profit? Usually, for most of the products in
the market, the profit margin is only on an average of
30%.
There is a way to reap 100% profit. You can do this by
having resell rights.
Resell right is a right which is given to you to sell a
third party product. The difference compared to normal
right is you get to keep 100% of the profit out of selling
the product. This is a legal right given to you to sell
and keep the profit.
Having a resell right is excellent for people who don't
have products to sell and also people who don't have time
to create products. Products that usually come with resell
rights are ebooks and software.
The cost for you to acquire a product's resell right is
the cost of the product itself. For example, an ebook is
sold for $69. If the ebook comes with a resell right, the
cost to acquire the ebook and the resell right is $69.
You can read and learn from the ebook and at the same time
you can share with your friends about the ebook. If they're
interested to buy from you, you can sell it for $69.
What's your profit? It's $69! A whopping 100% profit.
This is actually an unbelievably amazing deal.
Just imagine you go to a local bookstore and buy a book.
The publisher gives you the right to make copies and sell
the book at the selling price that you've paid for. And you
can keep 100% of the profit.
What could be better? Where else can you find a product
with 100% profit?
I don't see any disadvantages of having resell rights. I
see only advantages. Some of them that I can think of are:
1. You save time to create your own products. This might
take months or even years to create a product.
2. You can make money immediately. You can share and
promote the products immediately.
3. You keep 100% of the profit. There is no way you can
find a product that you can keep 100% of the profit.
Unless it's your own. You recover your cost when you make
the first sale of the product.
4. You don't need to worry about after sales service.
5. If you buy an ebook with resell right, you learn and
earn at the same time.
6. You can package the product in your offerings. When you
offer products of different authors, you give a wider
choice to your customers.
But you have to remember that you must have a list of
checklist of which products that you should buy and
promote. I'm very particular about this and I only
recommend and offer products that are good which can
fulfill the needs of my customers.
Cheers!
Warm Regards,
Sen Ze
http://www.internetbizmodels.com
About the Author
Sen Ze has published a number of books and manuals on E-Commerce, notably his signature manual, "Sen Ze’s Mini-Encyclopedia Of Low-Cost, High-Profit Internet Business Models". He now runs multiple low-cost, high-profit Internet Businesses of his own even as he travels regionally to present his Internet Business and Internet Marketing Talks to thousands of attendees.
Written by: Sen Ze
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