Yes its such a long time ago since i last made any posting here.
So here i am putting one.. just to make it recent
Tuesday, July 12, 2011
Monday, June 16, 2008
4 things you must know before starting your online PLR business
4 things you must know before starting your online PLR business
PLR is short for Private Label Rights.
When you purchased products with PLR, depending on the agreement, you can resell it at any price you decide. Sell it at a higher price to earn more. Price it lower for a lower profit but making your selling effort much easier. Or give it away for free and no one can complain.
As a matter of fact, also depending on the products' agreement, you can "rebrand" the product and claim that you are the one who created it.
Anyway you are the guy or gal with a PLR product.
Knowing what you can do wih PLR products can begin to make you excited and ready to acquire all PLR products there are and start your business right way. Wouldn't it ?
You may like to think that PLR business is easier to do than affiliate marketing. In affilaite marketing the product owner still decides on what price you can market their products. And you still have to wait for your paycheck on commissions for your effort every month.
But here are 4 things you must know first before you can successfully carry out an online PLR business. Too bad many netprenuers fail to meet these requirement hence may fail eventually in their online PLR business, if they ever can start one.
The thing is, if you don't know these 4 crucial requirements, then it will not be rosy for you in the online PLR business world.
1. Know how to modify web pages.
Yes that a majority of online products PLR sellers provide a generic sales page you can use to promote the products. It may be an impressive piece of work.
Nevertheless, you must be able to modify bits of information found in the sales page :
a. Your ID - your name, contact email, address etc.
b. Links - links to your own websites, contact form etc.
c. Your product's price - You will definitely want to set your own price and not follow the original purchased price.
2. The Payment process
The good news is that your customers will pay you directly to your account. Meaning that you will get all the 100% of the profit. For this, you dont have to be paid periodically like in an affiliate marketing business.
But the biggest problem may definitely be on how to incorporate the payment process into your sales page. It must be easy enough for your customer so as they are not intimidated and question on the aiuthencity of the payment. If they suspect that something is amiss then you may loose a potentially good sale. Furthermore if you are not careful in "hiding" the payment codes, they may on the other hand, rob you off your profit.
3. Downloading what your customers already purchased
Of course the end process in an online sales and purchase transaction is for your customers to download the digital product from a prepared download page. This may sound easy enough. But you must be doubly ensure that they have paid you first before downloading the digital product they purchased.
4. Having your own server to host your sales page
This is equally or the most important aspect of an online PLR business. If you think you are all right in using a free web server, then you are definitely wrong. There are too many ads and links that will effect the focus of your customers.
So if you are now all set to jump into the online PLR business, make sure you are well prepared with the above points taken into account.
Best of luck and effort.
PLR is short for Private Label Rights.
When you purchased products with PLR, depending on the agreement, you can resell it at any price you decide. Sell it at a higher price to earn more. Price it lower for a lower profit but making your selling effort much easier. Or give it away for free and no one can complain.
As a matter of fact, also depending on the products' agreement, you can "rebrand" the product and claim that you are the one who created it.
Anyway you are the guy or gal with a PLR product.
Knowing what you can do wih PLR products can begin to make you excited and ready to acquire all PLR products there are and start your business right way. Wouldn't it ?
You may like to think that PLR business is easier to do than affiliate marketing. In affilaite marketing the product owner still decides on what price you can market their products. And you still have to wait for your paycheck on commissions for your effort every month.
But here are 4 things you must know first before you can successfully carry out an online PLR business. Too bad many netprenuers fail to meet these requirement hence may fail eventually in their online PLR business, if they ever can start one.
The thing is, if you don't know these 4 crucial requirements, then it will not be rosy for you in the online PLR business world.
1. Know how to modify web pages.
Yes that a majority of online products PLR sellers provide a generic sales page you can use to promote the products. It may be an impressive piece of work.
Nevertheless, you must be able to modify bits of information found in the sales page :
a. Your ID - your name, contact email, address etc.
b. Links - links to your own websites, contact form etc.
c. Your product's price - You will definitely want to set your own price and not follow the original purchased price.
2. The Payment process
The good news is that your customers will pay you directly to your account. Meaning that you will get all the 100% of the profit. For this, you dont have to be paid periodically like in an affiliate marketing business.
But the biggest problem may definitely be on how to incorporate the payment process into your sales page. It must be easy enough for your customer so as they are not intimidated and question on the aiuthencity of the payment. If they suspect that something is amiss then you may loose a potentially good sale. Furthermore if you are not careful in "hiding" the payment codes, they may on the other hand, rob you off your profit.
3. Downloading what your customers already purchased
Of course the end process in an online sales and purchase transaction is for your customers to download the digital product from a prepared download page. This may sound easy enough. But you must be doubly ensure that they have paid you first before downloading the digital product they purchased.
4. Having your own server to host your sales page
This is equally or the most important aspect of an online PLR business. If you think you are all right in using a free web server, then you are definitely wrong. There are too many ads and links that will effect the focus of your customers.
So if you are now all set to jump into the online PLR business, make sure you are well prepared with the above points taken into account.
Best of luck and effort.
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