A Special Thank You – Christmas Gifts Galore, Sell the Rights to Your Stuff, Outsourcing and Mass Profit Sites!
A Special Thank You for signing up for the 12 Days of Christmas 2011, tell your friends and go back yourself for more great gifts. There is under a week ( 7 days of Christmas ) left. Mark Hendricks has done an incredible job again with his Giveaway.
( 1. ) Our series on “Using PLR Products for Profit” continues … This week Part 23. ” Sell the Resell Rights to Your Products “
Tons of people are into resell rights. Some of the products you may have purchased in the past may have likely been created this way! I have been creating PLR products for ….
( more below )
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( 3 ). “Understanding Outsourcing – Tips and Solutions“ ========================================
I hope you have realized YOU CAN’T DO IT ALL ! We continue our Series : “Understanding Outsourcing – Tips and Solutions “ This week –
This week – Part 11 – ” Outsourced, Not Outsmarted “
There are many who tout the advantages of outsourcing as essentially a little known secret to success. There are certainly a number of distinct advantages to the process of outsourcing.
( more below )
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Here is your Tuesday Tipster .. Dec. 13, 2011
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( 1. ) Our series on “Using PLR Products for Profit” continues … This week Part 23. ” Sell the Resell Rights to Your Products “
Tons of people are into resell rights. Some of the products you may have purchased in the past may have likely been created this way! I have been creating PLR products for so long, that it is getting very hard for me to browse the Internet in the marketing niche without coming across a few of my products every single day. If you have resell rights to good-quality PLR products, why not make use of them, and do the same thing?
There are a few different rights you can offer:
- Basic Resell Rights: The person holding resell rights can sell the product directly to the customer. They cannot sell the rights to others. The customer can use the product personally but has no other rights.
- Master Resell Rights: The customer gets personal AND Resell rights. Therefore they can sell it to end users, or they can sell the resell rights to other marketers.
- Private Label Rights: The license holder of a PLR product gets the source files for the product such as the Microsoft Word document for editing purpose in the case of an e-book. They can sell the product, sell the resell rights and modify the product itself. There are usually some stipulations but for the most part the content is basically treated as if it was created by the person who bought it, but you have to be careful here for example in the PLR products that I create I never allow my direct purchasers to pass on the source code or the PL rights to anybody else. PLR editing rights are for my direct customers use only, that way my direct customers always get something special from me that they can‘t get from anybody else that may be reselling the products I create.
If you create your own products from scratch like I do you can sell your products as PLR products (assuming you didn‘t purchase it as PLR, but that you actually created it). This is a great way to make money on the Internet however it can be expensive, I usually spend many thousands of dollars for each of the products that I create from scratch, I‘ve been going to resell those products to my customers for pennies on the dollar of what it cost me to create them.
That however is beyond the scope of what this series, is teaching you. When you do sell rights to your products created with these methods resell rights and master resell rights are where the best investments are made. You do lose control of the product and do not directly profit from it after having sold it to your customers. But if you were smart and made sure to link back to your own website from time to time throughout the product, you will get loads of traffic from it.
The marketers you sell to might be able to target a different locale than you or just have different tactics that reach people you didn‘t know about. You sacrifice the rights to sell a product but you gain a potentially massive marketing opportunity for your newer products; which will likely be more worthwhile in the long run.
Naturally, resellers don‘t want products stuffed full of links, as that only devalues the product. But if you put a handful of links in while maintaining the same high-quality content, you can bet plenty of marketers will be happy to purchase the resell rights from you, and plenty of their customers will be glad to buy from your links.
Next week Part 24 – ” Revise and Resell ! “ ***************************************************************
( 2 )
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Learn How To Shed 10 Pounds in 7 Days!
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( 3 ). “Understanding Outsourcing – Tips and Solutions“ ========================================
I hope you have realized YOU CAN’T DO IT ALL !
We continue our Series : “Understanding Outsourcing – Tips and Solutions “
This week – Part 11 – ” Outsourced, Not Outsmarted “
There are many who tout the advantages of outsourcing as essentially a little known secret to success. There are certainly a number of distinct advantages to the process of outsourcing. Some of the most notable advantages include cost reductions, increased possibility for profit and the existence of a larger workforce without maintaining a staff of salaried employees. All of these incredible advantages may make outsourcing seem as though it is an ideal resource in all situations but this is not true. There are certain precautions which should be taken when outsourcing a project. It is important to be mindful of these precautions when outsourcing a project to ensure the project runs smoothly.
- Verify Candidate Qualifications
When outsourcing a task or project to an individual, care should be taken to screen all applicants carefully before deciding to outsource the work. This is important because you want to be sure to outsource the work to a qualified individual. Awarding a project to an unqualified individual can be a costly mistake if they turn in sub par work at the conclusion of the project. It can also be costly if it results in unnecessary delays or setbacks as a result of the lack of qualifications. One way to avoid being outsmarted by fancy resumes hyping the accomplishments of an individual is to verify all of the information on the resume before awarding the project. This may entail contacting previous employers as well as references to determine the capabilities and work ethic of the individual. Taking the time to verify the information on the resume can help to ensure the individual you outsource the work to is truly qualified to complete the project.
- Outline Project Requirements Carefully
When outsourcing a project it is important to be very clear in outlining the project requirements. This is important so both the client and the independent contractor understand all of the requirements of the outsourced project. Preparing contract documents stating the exact project details and compensation to be provided is a good idea as well. Taking this extra precaution will ensure the client does not have to pay fees until the contract specifications are met. A contract can also be helpful if disputes arise and mediation is required to resolve the conflicts. Additionally, it is wise to include information regarding the required deliverables in the contract documents. This should include the exact end product which should be submitted. In this portion of the document the client can specify information regarding whether they require the project submitted as a hard copy of the completed project, a soft copy of the completed project or both.
- Schedule Periodic Milestone Meetings
Regularly scheduled progress status meetings are very important when a project is outsourced. These meetings should be scheduled often enough to ensure the project does not fall too far behind schedule during any one phase of the project. These meetings can be helpful to both the client and the independent contractor. The client will benefit because they will remain in control of the project and can intervene if the independent contractor is heading in the wrong direction with the project. These meetings are also beneficial to the independent contractor because they can prevent him from being caught by surprise at the conclusion of the project if he misinterpreted the project requirements.
Next week Part 12 –
” Is Outsourcing the Answer to Your Software Problems ? “
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See you next Tuesday !!
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