Web Gamblings Galore

I’m sharing one of my bad experiences with you, which I think
will be useful for many people. While I made some mistakes, it
sure made me learn a lot, which can be the foundation for
success. “Learn from your mistakes”, as your high school teacher
would say! And you can learn from others’ mistakes too. Listen
to my story. When I was first started as an affiliate marketer
and made a few odd sales here and there, I came across and ad
that said something similar to the following.

“Over 50 high-demand quality products with master reseller
rights. Package price is just $47. Some products on the package
alone sell for $47. Sell just one product and make your
investment back. All you need to start selling is just putting
your own order link in the professionally designed order-pulling
webpages we provide.”

With this kind of bait, I bet you’ll surely bite it if you are
in a similar situation as I was then. I want you to see an
active current advertisement for reseller rights that goes
similar to the above ad, so you can get the real feel. Just go
to Google and type the phrase “reseller rights” and see the
bunch of offers in front of you, which resemble what I described
above.

Let’s come back to my story. I bought the package and yes, they
gave me everything they promised. As they said, sales webpages
are professionally designed and they truly had the pulling
power. I’m so thrilled because I didn’t have to create my own
product but could be a product owner instantly and start selling
quicker than I ever thought of. I bought a domain name and a
hosting account, all which cost me under $20. I could start a
business up and running for investing just $67.

I did some advertising for my new products. Compared to my
affiliate advertising experience, my new business was performing
really poor. I was wondering what’s wrong with it, making a two
or three changes to my offer and so on, but to find no sales. At
this stage, I stumbled upon the concept of “Joint Ventures” and
it’s power. So I wrote some JV proposals to big names with my
products. I wrote for about 100 people. But just about 3 people
replied and what they said was similar to the following.

“Sorry. This product is so old and some people are even offering
it for free on their sites. Bye.”

I was surprised first and I just made a search for my product
name on the net, and yes, I found a bunch of sites offering
exactly the same product from the exactly the same website at
prices ranging from $0 to $37. Some people sell at $17, some at
$27, and some people offering as a gift to their newsletter
subscribers and so on. There was no standard. Think about it.
Everybody gets the same website and when they advertise (or
advise) “just change the order link”, that’s what everybody will
do. There is no uniqueness in your offer. And they also
advertise “you can set your own price”, which leads to the
prices such as $1 or even $0, giving as a gift for their
newsletter subscribers.

The above was true for almost all the products in the package I
bought. (But I never refunded it because the quality of the
products was great and I learned a lot from the top online
marketers, let alone re-selling it. It was good enough for $47.
Plus, they advertised the offer honestly and they cannot be kept
liable for my own experience.)

Think twice before buying a master reseller rights product under
$100. When a person gets master reseller rights for a product
under $100, its perceptive value is lost and the buyers may sell
it dirt cheap. Think about the second level buyer, who may get
the product for about $27. They may sell it for about $17 and so
on. The product will be available everywhere soon and some
people may even give it free as a gift for their newsletter
subscribers. Then there won’t be any further market for the
product.

So do a deep search before you going for a reseller rights
package. See whether it’s offered anywhere else and if it is, at
what price. If somebody offers it for $10, it’s not right for
you to sell at $20. Think about your customer buying from you
for $20 and sees the offer in another site for $10. Would he buy
from you again? And also think about the reputation of your
domain / business. Online marketing world is small and
reputation is about everything and can impact you a great deal.

So did I give up the reseller rights idea? Nope. I searched the
net for reseller rights products and also searched whether these
are offered elsewhere for cheap. Most reseller rights products
offered online today has already reached market saturation
point. When I contacted an expensive reseller rights package
owner and convinced him some of the products he offered were
available for pennies, his reply was opportunities are limitless
and you can also grab a piece of the pie. And the chances of
your (my) customers finding the other product at a cheaper price
is lesser. But beware that with this kind of an offer, you
aren’t offering your customers the best value for money, which
you must think if you are to build a reputed business and want
your customers to come back. Secondly, your customers might get
angry at seeing the same product offered for 1/4th of your price
or for free and may request a refund. It’ll also harm your
reputation.

I spent a lot of time searching for good reseller rights
products and discovered only two best resources that gave
exclusive reseller rights packages. The first one I got to know
was Nicheology (http://www.nicheology.com) by Jimmy D. Brown. He
offered 2 new raw products every month, so you can edit and
customize them anyway you want and create your own products. A
sales letter isn’t provided, but the products are of high
quality. (Recently, they have updated their system and they
provide you a sales letter.)

You can create your own product with Nicheology and this makes
your products exclusive and gives you the chance to price,
brand, add your own twist and whatever you want to do with the
package. If you don’t mind spending some time and have some
experience, this is a quality option. Creating your own product
is what makes the most money and with Nicheology, almost half of
the work is done. The hardest part, researching and compiling
info into a DOC / RTF file is already done for you. When I tried
to join them, I was put on a waiting list. I would have joined
if I had the chance then.

While I’m in the waiting list, I discovered E-Book-Wholesaler
(http://mafoor.com/ebw) by Tom Hua, by clicking a link on an
ebook I had with FreeToSell (http://www.freetosell.com) by Tom
Hua. Wow! I found a great solution there. I had instant access
to so many high-quality products with ready-made webpages. All
products had quality ready-made webpages with recommended
prices. The reseller rights are only available to members and
cannot be passed on. Plus, you cannot sell below the recommended
price. If somebody is selling as such, you can complain it to
Tom Hua straight and he’ll take instant action.

I searched for some quality products they offered on the net,
wondering if somebody is selling for dirt cheap as the case with
others. I didn’t find any. The best part is that almost all work
is done for you and you can just change the ‘order link’ and
start selling and most importantly, you are protected from
competition by having minimum recommended prices. The value of
the products are also protected by giving only reseller rights
to members, not master reseller rights. So the market saturation
and declining of the value of the product is protected. In
simpler terms, if you sell to John for $17, John cannot resell
the package. If he wants to, he must join eBookWholesaler, in
which case he has to abide to the terms and will not be able to
sell the book under the preset recommended price.

I went for this one ahead of Nicheology because I’m not a
product creation expert, the limitation of time for me and all I
wanted to start off was a reseller rights package with products
I can just change the order links and sell, while not having the
problems I explained above. This gave me the perfect solution to
my situation. So I joined them without a second thought and am
really impressed with what I had access to as a member. I’m not
exaggerating here, but this resource gives you true value for
money.

While the quality resources I mentioned above will give you high
quality reseller rights products, you must pay recurring fees as
opposed to one-time fees you pay for cheap old reseller rights
bundles. So I recommend you to go for the best only if you have
the confidence of selling products and cover the recurring
membership fees. In other words, you have the right knowledge on
marketing the products. Otherwise you’ll struggle to pay your
monthly membership fees and as a result, you may get discouraged
if you are a starter.

If you are a starter, I recommend you to search the net for a
cheap package with many reseller rights products. I’m talking
about a package under $50, but try to get the best available.
You have two goals with this package. Firstly, you can learn so
much if the package had quality ebooks from big name marketers.
Secondly, you can sell some of the products offered for cheap as
a practise. I mean selling $47 recommended-price product under
$10, if you find it has already reached the market saturation
point, which can be the case most of the time. This way, you
won’t lose your image and you’ll be able to get some valuable
experience. The package at http://mafoor.com/reseller is a good
one at the time of this writing, in which you get so many
products for a low price. But try to find a better one on your
own, if available.

I wish this article gave you some good advice and direction if
you are in the thirst of reseller rights profits. Please drop me
a line at mafoor@mafoor.com if you find this information useful.
I wish you very good luck with your reseller rights business and
ventures.