In our continuing series on Internet Marketing, now we're going to discuss .....
Private Label Rights, or PLR's
To anyone outside of the world of Internet marketing, the very idea of private label rights seems a little crazy. But however silly it might sound, many people are making money from PLR articles, ebooks and software every single day.
The concept is simple: one person writes an ebook, a bunch of articles or a software program and then sells on all rights of ownership to anyone who will pay for it. Usually for a very small fee.
So why would someone write, for example, an ebook and then sell all rights to it to someone else? The answer lies in the huge number of people who understand the potential value and are ready and willing to pay for such material.
For sellers, if you can write a short ebook of 20,000 words, or a pack of ten 500-word articles and sell it to 150 different people for $10 each you will have made a tidy $1500. And still retain the right to sell it to 150 more if you can find them.
For buyers, private label can really be like magic: someone else does all the hard work in writing and then for a tiny outlay you can buy the rights to do almost anything you want with the product.
With private label ebooks, articles and software you are generally sold the rights to treat the materials as if you had created them yourself. You can use them exactly as they are, edit them, rewrite them, change the title or name, claim authorship for yourself, create new products by combining several at a time - if you can think of a use, the chances are that you can do it.
The only things you generally can't do involve posting PLR articles to article directories (because the article directories don't like it) or resell the materials with the same private label rights. You normally have resell rights, but not private label resell rights.
But all sources are different and some have fewer rules than others.
Private label rights materials are fantastic for online marketers because they give a quick and easy answer to the age old problem of finding new content for your websites and blogs. Content is the lifeblood of the Internet: your site visitors always want to see new things and the search engines positively reward you for having new content.
Private label rights makes it very cheap and easy to get fresh content that is targeted to the exact niches you need fast.
The only drawback to PLR is that there is an awful lot of bad PLR out there. The majority of what you can find is poorly written junk that has been thrown together in such a rush that it barely makes sense.
Or it has been sold and resold to thousands of people for many years.
Although the vendors of this kind of junk argue that quality is unimportant and that quantity is what counts, the reverse is actually true. The search engines are getting better all the time at working out what is good, authoritative writing and what is semi-literate filler - and you can be sure that your real life visitors can spot the rubbish a mile away.
Would you go back to a website that only offered page after page of nonsense, and would you happily click on links to reward such sites? The answer is almost certainly no.
Luckily there are some vendors of private label materials out there who aim to produce the very highest quality - both in terms of being well researched and interesting to read, and in terms of being written in good English. Those vendors are sometimes a little more expensive than average, but not always. There are a handful of membership sites that provide the very best quality articles, ebooks or software at surprisingly low prices.
As an Internet marketer, content for your web pages, blog posts, newsletters, ezines and autoresponder sequences is what drives your profits. Material to be given away as subscription incentives boosts your mailing list subscription rates and source material to be turned into videos can explode your back links count. And that's just scratching the surface of what you can do with private label materials that someone else has created for you to profit from.
If you want to learn more about PLR's and how best to get started, I highly recommend the Video course I partnered with Liz Tomey on: http://rdhbusinessventures.com/.
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