In Part 1 of this series, I shared with you an easy way to leverage and capitalize on other people’s efforts and resources.
And, in doing so, those other people would reward you with fat commissions…by giving you as much as 75% of the profits earned per product sold.
In this section, I would like to share with you a way to build on that initial strategy, so that you can keep all (100%) of the profits generated from any sale of the product.
While there are some product owners/sellers who offer 100% of the profits to you, the affiliate, for any sales you generate, the products being sold via those setups are often very low-ticket items, i.e. you would usually make very low commissions…anywhere from $5 to $20 per sale, even when you get to keep 100% of the profits.
And, while that may be okay for some people, at least for starters, why not try to make a lot more money per sale, for a little more investment of time and effort on your part!
If you’re interested in that, here’s how to do it…
The way to keep 100% of the profits, even on products that sell for more than $20, and as much as $100 or more, is to acquire resale rights to hot-selling products.
You can find a lot of products that offer resale rights. It’s as easy as doing a search on Google.
But keep in mind that you should choose a hot-selling product.
You also want it to be a product that too many other people aren’t selling. If it’s being sold everywhere on the Internet, it’s probably not the best choice because you may have to compete with too many other sellers of the same, exact product. (There are ways to do that and win, but that strategy is for another time.)
One of the best ways to find a hot seller is to use what you learned in Part 1 of this “how-to” series and look for a product that is very similar to the one(s) that you chose in Part 1.
That way, you will ensure that the product you choose is at least as popular, and in demand, as the affiliate products you selected earlier.
You would also want to choose a product that includes a pre-written sales letter as well as some hot graphics to go along with the sales letter. (This will, again, save you time, effort and money from having to create the sales materials yourself.)
The additional work on your part would include editing the sales materials with your own order links and perhaps your own name at the end of the sales letters, if you choose to personalize the work.
Next, you would need a place on the Internet to put (or upload) the sales materials, so that your potential customers can see it and purchase it.
Of course, the ideal way to do this would be to get a website (domain name and web host) of your own to showcase your new product(s.)
The alternative would be to set up a blog, say via WordPress.com – which won’t cost you anything (unless you want to host the blog via your own site.)
Once again, the benefits of acquiring resale rights to a hot-selling product, in addition to keeping 100% of the profits for yourself, would be that you won’t have to…
– research a hot product idea
– create the product
– pay money to have somebody create it for you
– write an order-pulling sales letter
– pay someone to create the sales letter for you
– create or buy captivating graphics for your sales letter
The only additional investment – of time, effort, and maybe money – would be to sell it yourself, directly via your own website or a blog interface.
You would still save a ton of investment of your time, effort, and money if you had to do all of the above work yourself, from scratch.
It would still be dramatically easier for you to get resale rights to somebody else’s hot-seller than to have to start from the ground up.
Here’s the key concept to understand and really “get” mentally…
It’s always best to start out with a strategy that involves the least amount of work, even when you’re starting with a guaranteed hot-seller that someone else has already created and tested for you.
The reason is simple. If, for whatever reason, this hot seller doesn’t make you much money, or stops making you enough money after a while, you can very easily (and quickly) switch to another hot seller and get set up to sell it without much investment of time, effort or even cash.
If you were to do all of the work yourself, it would take you a lot longer, and require a lot more effort to switch gears and get set up to sell another new product.
Always remember that you only have 24 hours per day, every day. No more.
So, one of the keys to success – in any area of your life – is to leverage your investment and resources as much as possible.
And, if you want to keep 100% of the profifts from any sales that you generate, finding and selling products that you’ve acquired resale rights to is still one of the quickest and easiest ways to do it.
The time to get started is right now.
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