5 Ways to Rake In Huge Profits From PLR Products

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5 Ways to Rake In Huge Profits From PLR Products
5 Ways to Rake In Huge Profits From PLR Products

by

Ben Elijah

 

PLR, which stands for Private Label Rights, is a huge industry with many people building entire businesses around it. Basically, it allows you to “label” someone else’s product as your own; you get to rebrand it and put your name on as the author or owner. However, not all PLR products are equal.

Each PLR product will come with its own license, which will delineate what you are allowed and not allowed to do with the product. Some can be given away for free but not sold. Some can be sold but not given away for free.

Some not only let you sell the product for personal use, but also let you sell resell rights to the product (this is known as master resale rights, or MRR). However, all PLR products have one thing in common: They let you put your own name on it as the creator.

Here are five ways you can create a PLR business and rake in huge profits from PLR products.

 

#1 – Create Your Own PLR Mega Package Product

One way to make money with PLR products is by simply creating your own. However, there is a LOT of competition out there, and you’re going to need to stand out. Instead of simply writing an ebook and selling PLR rights to it, you’d be better off creating an entire PLR package.

A PLR ebook, for example, might sell for only $7. But what if you add 5-10 short training videos and a cheat sheet? Hire a freelancer to create graphics containing images of books and DVD videos, and your PLR product will instantly go up to a $27 value.

An even better idea is to create a ‘business in a box’ PLR package. Here’s an example of what that would look like:

  • A 15-30 page report that your customers can give away for free to build a list, along with graphics and a pre-written sales copy that they can use on their landing page
  • A 50-100 page training ebook and cheat sheet that your customers can sell, along with a sales page and graphics that they can use to upsell people who sign up to their list
  • A series of 10 training videos (5-10 minutes long) that your customers can use as an additional upsell, along with a sales page and graphics
  • A series of 10 pre-written emails that they can send to people who signed up to get the free report, which they can use to promote the upsells or affiliate products

This is a complete ‘business in a box’ with an entire pre-made sales funnel that can easily sell for $47, $67 or even $97. Customers of yours will be able to rebrand the products as their own and use them to make money without doing any work themselves.

In order to avoid competition, make it clear in the license that while your customers can sell personal usage rights to the product, only you retain the right to sell the actual Resell Rights and Private Label Rights.

Creating such a product isn’t as hard as it sounds like. You can get graphics by hiring a freelancer on Upwork or Fiverr to do it, and the report, ebook, training videos and sales page can be either done yourself or outsourced.

The best way to promote and sell PLR products is by having your own website. Check out the training at Wealthy Affiliate to see just how simple it is. You can get started for FREE!

 

#2 – Create a PLR Fire Sale

A PLR Fire sale is when you sell a large amount of PLR products for a very low price.  Unlike the previous option, this doesn’t require you to create any products yourself; all you have to do is collect PLR products and clean them up.

To get PLR products, you can join monthly PLR membership sites; there are many that have thousands of products you can resell with PLR or resell rights. Look around for high-quality PLR products and bundle them together.

You can rebrand them and create new graphics if you want; you should also edit them and clean up any outdated information.

Then, create a sales funnel with lots of PLR products for very low prices. For example, you can sell 100 PLR eBooks in popular niches for $5, then have an upsell of 20 PLR video courses for $7, and then down sell 100 PLR articles for $3.

That’s a $15 sales funnel without ever creating your own product. These types of fire sales convert really well, because people are getting a lot of value for a very low price.

Sell Stuff Online

#3 – Create a PLR Membership Site

Lots of people are in need of a steady stream of PLR products; why not create a membership site that offers thousands of PLR products your customers can use? It’s a great way to create a recurring income.

However, in order to succeed with this and be able to compete, there has to be something unique about your membership site. You need to have a USP (Unique Selling Point). Perhaps you’ll release a new PLR mega package each week (as outlined in option one).

Perhaps you’ll offer other perks, such as deals or training. Perhaps you’ll charge less than everyone else. Whatever it is, make sure to stand out from your competition.

To get PLR products, you can either join a few other membership sites, purchase PLR fire sales, accept PLR product submissions and pay submitters a small fee each time their product gets downloaded, or just hire people to create new products every week or month.

Learn how to build a website here.

 

#4 – Use PLR Products as Bonuses For Affiliate Products

PLR SoftwareA great way to boost your affiliate sales is by using PLR products as bonuses. Even PLR products that can’t be given away for free and can only be sold can usually be used as a bonus for a paid product.

When recommending an affiliate product to your list or on your blog, put together a package of three to five PLR products and offer them as bonuses.

However, don’t think you can get away with using an outdated PLR ebook that everyone has probably seen floating around on the web somewhere. Instead, look for high-quality PLR video training courses.

Go through the training and see if anything is missing — if there is, create a few videos of your own and add it to the package. You can also hire a freelancer to create your own graphics.

 

Get My Free Guide To Making Money Online

 

#5 – Use PLR to Build an Email List

We’ve all heard of this option for building an email list, but nobody seems to be doing it right. This isn’t 2005; you can’t use a junk outdated PLR ebook with simple graphics and expect people to sign up. Instead, look for a high-quality PLR video course with high-quality DVD graphics or a package with both an ebook and a video training series. Make sure that you are allowed to give away the package for free before using it.

 

Author Bio:

Ben is an internet entrepreneur at https://canitreallybetrue.com

Follow him on Twitter @MooSaysTheHorse

 

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Ben Elijah

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2 thoughts on “5 Ways to Rake In Huge Profits From PLR Products

  1. PLR products is totally new to me. Thank you so much for sharing these 5 ways to make money with PLR products. With the examples you have shown, it is easy to understand.
    I am new to affiliate marketing. Still learning the basics. Will keep this in mind for future needs.

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