Newbie Guides For Making Money Online Part Five

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Here is the Fifth part of my 10 part newbies guide to
online profits.

While there are several types of Internet Business Models
to choose from to start, I would like to share with you
some important gem information on how to start and run your
online business as a reseller.

Before we go any further, let us discuss whether this reseller
business is for you or not.

This type of online business is for you if:

•    You do not have your own product.

•    You do not have what it takes to create a product from
scratch as it demands a degree of talent, skill and
expertise in any field.

•    You just do not want to create your own product or simply
do not have the time for it!

You will do well to consider this type of online business
if you match one or more of the above statements. Now are
you ready to find out how you can start your own resell
rights business? If yes, then that is awesome. Read on!

What Is This Business Model All About?

Generally, you sell product(s) with resell rights and keep
100% of the profit. On top of that, the products you sold
have affiliate links that can create back-end profits for
you thus making residual income with no effort on your
part.

What Is A Reseller?

A reseller buys a product, sells it and keeps 100% of the
profits to him or herself. This is in contrary to being an
affiliate whereby an affiliate sells other people’s
products for a commission.

What Are Resell Rights?

Resell rights allow one to resell the product and keep 100%
of the profits with which without it, one is prohibited
from selling the product to another person.

What Do I Need?

To start your online resell rights business, you will need
to have a high-quality product with resell rights that can
be customized. The product can be in the form of an E-book,
software or even templates.

The first thing you should do is look for a product with
resell rights to sell to your customers. When looking for
one, you will want to take the following factors into
consideration:

•    Resell rights – the product must have resell rights in
order for you to sell and keep 100% of the profits. If the
product has no resell rights, you cannot use it for your
reselling purpose.

•    High in quality – a poor quality product will hardly make
you any sale let alone back-end profits.

•    Demand – are people seeking for information or solutions
found in that product you are prospecting?

•    Good sales letter and follow-up e-mails – if the
principal’s sales letter and follow-up e-mails do not
persuade you to purchase his or her product then it is
palpable that the result will be poor for you too as a
reseller as you will also be using the principal’s sales
letter.

•    Rare or uncommon – it pays to do a lot of research when
starting your resell rights business. You must find out if
the product is not over-saturated in the net market. If it
is then your chances of selling the product are slim.

•    Credibility and reputation – is the author a respected
person? You can easily conduct a background check by typing
his or her name in search engines and see the results.

•    Back-end profits – find out how you can earn residual
income without much effort on your part in the long run.

•    Money-back guarantee – while I can actually omit this
factor for it goes without saying most of the time, this is
what you should look out for. High-quality products usually
have 90-day money back guarantee. In case you discovered
that the product is not for you or fail to make any sale in
the first 90 days, you still have a chance to get your
investment refunded.

To learn more you could buy the
complete guide which is listed in my  Ebay Shop.

Warm regards,
Richard - Ebay Powerseller  djrichardfenn

My Ebay Ebook Store
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