I have written about ‘why it is safe to buy ebook online from me’ and still such query pops up every now and then. Looks like online environment still got a lot to do with its safety feature.
But I can’t guarantee that will happen to whole online community though…
I can ONLY guarantee that on my e book store. So how exactly you make sure you are safe when you buy e book – from me or others? Here’s my suggestion: Continue reading ‘Are Buying E-Books Safe?’ »
If you are interested in taking part in ebook resell business, first have to find hot topics that inspire hungry market of readers to gobble up your materials. You can do this through searching the internet. You want to focus on popular topics that are being discussed online on forums, blogs or social media channels. It is also a good idea to see if there is e book already available, especially those topics related to what you intend to write on. You can write e-book on popular topics, even one with numerous e-books already available but it may be more difficult to push through the noises and get the attention hence making it tougher to make profit. Continue reading ‘Ebook Resell Business’ »
When you buy ebook resell packages what you really buy is a bundle of information. If you are anything like me, I am always on the look out for the best products and deals because that is what I do.
I am a reseller.
I find it hard to believe when people buy e book with resale rights for nothing. Even if they do, they might not realize a golden opportunity to get back their investment by following some simple, doable steps. But we are not talking about making profit from your e book purchase aren’t we so lets just stick to the matter at hand shall we? Continue reading ‘Buy Ebook Resell’ »
Many factors contribute to resell ebook profits. Unless you are familiar with the process of selling e books, which I happen to involve with for the past 3 odd years or so, what I am about to share might cause you to go to ‘La-la-land’ just like some primary school children listening to their teacher preaching about moral or national heritage.
I am assuming this is your first time that you never sold an e book in your entire life before, and you never make a dime if you have tried selling e books right now. Fair? Let’s get it on!
Profit Defines
Lame right? I mean who did not know that profit is what you have left after you take away your expenses from your capital. But wait; I did say capital and do you know how much do you need to set up a reselling process for ebook? Let me walk you through.
1) The cost to own the product. If you can create your own, fine, that’s a huge save to begin with. If not, then there’s ‘acquisition’ cost i.e. cost of owning a ‘resellers license.’ Typically it cost you around low $27 to high $97 for a license. Sometimes it falls in between and sometimes it is at extreme end.
I have seen offers that go for less than $5 and higher than $147!
Next…
2) The domain and hosting cost. You need a place to showcase your offer and online, that place is called ‘websites.’ You can opt to settle for free alternative e.g. Tradebit, Paydotcom, etc. but there’s reason why you want to set up your own ‘outlet’…
You want total control!
That is why earlier on I told you that I can send you astray with the words in here. I assume that NO one had told you the profit for a resell ebook is made on the BACKEND. Huh!?
I’ll explain that in a while. Let’s move on.
3) Miscellaneous cost. When you acquire a license right, there are products which are ‘raw.’ You need to customize them to make it presentable. You need a sales letter, ebook cover, and promotional banner, etc. Then there is Autoresponder account, follow up emails, payment processor, affiliate management software or solution, and on and on.
Feeling overwhelm already? You should, because I want you to…
But the fact remains that these are the costs i.e. your capital that you need to come up with if you want to start your reselling business. To make profit, you simply make sure that what get from your sales are more than what you spend.
And I have not even started with cost to get traffic! But of course, there’s free traffic method for first timers but that’s the subject for another time. I promised you earlier to tell you about ‘profit from reselling ebook is made on the backend.’
Here’s what I mean:
Backend Profit
When you set up your resellers’ website (on your own domain and hosting of course), it is wise for you to get another product – e book, software, audio or video – to complement your resale offer. Some experts say that you do not set up your website and pitch your offer until you have the whole process well thought out. You have your main offer, your backend offer and your follow up e-mail series to presell your offer in case they did not take it up the first time.
And that’s why it is call ‘back end’ profit because put simply, the action took place at the back. Have I made it clear to you? I hope I have.
Resellers Package
Selling one e book might not make you millions overnight. This is not like selling Dan Brown’s The Da Vinci Code and grabbed by millions. So the best you can do is to make your offer appeals to as many target audience as possible. I have mix emotions about this but let’s just make this simple and try to go for as many people as possible.
It is Not Your Offer; It’s Your Market
But then again, your market is the key. Whether you hit big or miss big, your market determines that. You can come up with the best combination of products, the most persuasive words to sell them, and the impeccable e-cover which you hire a branded designer to come up with but if it did not appeal to a specific, hungry, rabid market; all that can amount to zero.
That means no profit.
The point I am making here is simply this: your resell ebook profits are not solely depending on what you have to offer. It depends on your whole sales process, your market and your commitment to stick to a plan. That explains why I am still hanging on to my business model for the past three years.
Why people buy a ebook? Thre is nothing fancy about this question and there is nothing fancy about the answer either. If people were looking for e book, it is for their own reasons and we cannot possibly list all the reasons down but if we can, some of us are going to get pretty rich delivering what people are looking for.
I have started buying e books in late 2006. I was fascinated with how information is transmitted through them and I have an ambition to play a part to somewhat ‘revolutionary’ idea back then.
I believe it is still revolutionary today and my bet, in years to come…
But the thing is, information is received by other senses too and e book in this sense, are limited to visual senses (and maybe auditory if you read them aloud). Today, complex multimedia presentation involving high-definition Audio-Visual technologies are set to replace e books…
… Or so it may seem.
Hi-Tech Limitation
I was scared and intimidated every time I received something in my e-mail Inbox with link to audio-visual presentation even if it took the form of screenshot videos. I was afraid that I am going to be left behind in the race. I still remember in 2007, after attending a seminar on how to build website, I brought home a CD which contains a tutorial on how to FTP files to server.
And the presentation was done using Camtasia…
Wow! That blows me away. I sat in my chair wondering I would measure up to these guys. It takes me about a year before I finally made my first video presentation. I was thrilled to say the least but I know from that point onwards that information is slowly taking a different route to the seekers BUT…
That is what I think. In actual fact, even with the high number of online visitors to Video sharing sites, there are still more visitors to ‘non-video showing’ sites combined! What this means is people still received information the traditional way – printed words online or off. Argue?
I can see that video and audio is gaining their ground but printed material online like e book is still ‘holding ground’ with little sign of shaking.
Why is this so? I believe the answer is simply in the word ‘accessibility.’
You probably enjoy watching and listening to the video but in the end of the day, you still want something you can take with you and devour in your own sweet time. Videos do not fit this criterion; ebooks do.
When you buy ebooks, do you choose to buy ebooks with resell rights or you will settle for personal rights? I am going to be bias with this issue because I am going to advocate my personal preference which is to buy the former.
The most obvious reason is you want to ‘resell it’. A little over 3 years ago, I made my first e book purchase, about 47 dollars on a topic of niche marketing. Before that, the kind of e books I got my hands on was the free ones only. The purchased e book comes with ‘personal right’, meaning, it is only for my own use i.e. for my eyes only (but obviously I won’t tell the author that I have showed it to my wife!).
Some free e books comes with personal right, and some with resell rights. It might sound a bit funny when a free e book can be sold but the reason behind that was obviously to distribute it with what marketers called ‘viral marketing’.
And most of the free e books come with Master Resell Rights which simply means, you as the owner; can put your name BESIDES the Original Author (i.e. co-author) and makes it looks like both of you co-create the content.
But some free e book comes with PLR or Private Label Rights. You can basically do whatever you want with PLR; sell it, rename it, break it down or simply give it away as it is – totally up to you.
The reasons for buying e books with resell rights then become clearly to:
The obvious answer is when there is offer or you want to buy it when your overall profit making strategy warrants it like you need freebies to build a list.
If you are ambitious, you can buy resell rights to certain content to lead a market. I know of a marketer who did that in a self improvement market where he is not a prominent player but he was inspired to be one. He finds an e book about positive self images which is very popular at that time and immediately acquires the resell rights to it.
He became an important niche player almost overnight. You can do that if your capital allows you.
Here are a few suggestions:
You should read the license carefully. See whether there are special clauses that limit what you can do with the content. Then, you want to customize the package with at least, your name or identity since most of the product is totally raw (some come in Word Documents and Photoshop images).
Lastly, you want to promote it. Leaving it as it is won’t bring you the money, which brings us to…
There are no easy answers but a few proven ways that produce success take after these forms:
These are some of the proven profitable ways but I make no guarantee. Proceed with caution.
Buying e books with resell rights might your best investment when you thought about starting out or even expanding. Sadly, like any other business model, there is no shortcut and there is no guarantee that this will print money for you. Plan your strategy well. Your chance to succeed is higher with proper perspective and planning.