How to Make Money From PLR Products
Selling an information product (such as PLR products) gives you complete control over a product with a high ROI and very low overhead. This is an item you can easily modify and repackage in a number of ways.
Plus, it’s relatively simple to promote and sell.
Matter of fact, you could hire someone to convert it to an audio product or even a YouTube video. Now you have three products to sell instead of one.
On the other hand, selling an affiliate product means selling a product someone else made and sharing the profit with them. There’s no up-front investment other than the time and money you spend promoting it, and therefore very little risk.
At the same time, it’s also going to be much easier to choose something that you know will sell. But you lose out in terms of control, branding and flexibility.
But what if there was an option that had all the advantages of both these options and none of the disadvantages of either?
Introducing: PLR Products
PLR stands for Private Label Rights. A PLR product then is a product that gives you the full rights to that item in a private label fashion.
This means that you can sell the product to other buyers, you can make as many changes as you like and you can even add your own name or company branding to the product.
You’ll also be able to sell something ready made with a proven track record of selling.
You pay a simple one time fee in order to buy the product and also the rights. From there, the product becomes yours and you can do whatever you want with it.
Better yet, is that it often comes with all the marketing material included so you’ll be able to promote it without spending any time or money on creating sales funnels or landing pages.
Even so, I suggest changing these somewhat too. You want your customers to feel that your product is different from all the others out there. Maybe even include a bonus or two that the others don’t have.
When you’re ready to purchase your PLR products, IDPLR.com is one of the best companies that you can use. You can start with a free program to check them out. And when you’re ready to upgrade to Gold Lifetime member you get some pretty good perks.
One of those perks is 10 gigs of hosting at no extra cost. And if you don’t use it all in one year it carries over until you do. Even if it takes 10 years.
Once your free period is up, you can continue hosting your website(s) for just $0.60 per 1GB/month. That’s $6 for 10GB of space. It might be worth joining just to get the hosting plan.
Plus, there are over 200,000 PLR articles you have access to included in your membership. These articles are yours to use for anything you want. Email content, blog post, or giveaway for your squeeze page. Use them as they are, or have them rewritten for a small fee.
So are there any downsides?
Just a few. The biggest one being the product won’t be unique. So there’s a chance that a customer might find your content somewhere else on the internet, which is not good for the reputation of your brand.
This is a problem that can be easily fixed. Simply take the article and rewrite part of it in your own words. Or use a professional service to do it for you. Your goal should be to change at least twenty five percent of the content.
I’ve seen rewrites done with less than ten percent of the article changed. But you risk Google thinking your article is basically the same as all the other copies out there. If that happens, your article may not come up in the search results.
Another downside is that you’ll often pay more for a PLR product than it would have cost to create your own. This makes sense as you’re essentially paying for the privilege of not having to make anything yourself.
A better solution is to have the article rewritten for you by a professional content writing service. This saves time, especially if you struggle to write articles. The cost is affordable since they only have to rewrite part of the content.
Especially if you choose the right service.
I use an article writing service called hirewriters.com. The fee is only a few dollars, the quality is good and the turnaround time can be very short. If you’re in a hurry, you can get an article written in as little as six hours, but I recommend giving the writer more time so they can do the best job possible.
Here’s an example of an article I had them write. After spending a few minutes making a change here and there it was ready to post on this blog. All in all, I was quite pleased with the content, price and turnaround time.
You can choose from four different skill levels.
I would suggest choosing from either skilled at level three, or expert at level four. These will take the least tweaking before being ready to use.
Basically, insert your links or other special terms, rewrite a few sentences to get your idea across better, and you’re done. Level three is the one I chose for the example article listed above.
You can get started for just a few dollars too. My article cost a little over eleven dollars. It was posted on a weekend and I had it in two days.
Why not head on over there and check things out for yourself? See what they charge to rewrite an article. Or even write a new article for your blog. And free yourself up to work on those important things you keep putting off.