Buying Private Label E-book Resell Rights versus Writing Your Own

In today’s society, there are many individuals who are looking to make money anyway that they can. In many cases, these individuals are looking for opportunities that allow them to work at their own pace or be their own boss. If you are one of those individuals then it is possible that you may have thought about creating and selling e-books.

The popularity of e-books has rapidly increased over the past few years now. Many readers are not only finding it convenient to purchase them, but cheaper. In most cases, e-books are easily to read on the computer, but they can also be printed off. Since more and more consumers are interested in purchasing e-books, there are more individuals who are looking to make money off them. If you are able to do this, you may find success; however, that success will not come without hard work.

If you have never created an e-book before, it is difficult to understand exactly how much hard work it entails. To be worth the buy, most e-books are at least one hundred pages long; however, some are longer. If you are interested in creating an e-book, it may take months for you to finish the book. In addition to hard work, you must also have writing experience and knowledge on the topic that you are writing about. This knowledge and experience isn’t necessarily necessary; however, it is important to the success of your e-book. It is a fact that customers do not and will not purchase poor quality work.

In addition to writing a quality e-book, you will also have to find ways to sell it. Together, the two could take a large amount of time. For many individuals, this is a major turn off; however, there are alternatives. If you are interested in selling e-books, to make a profit, you do not necessarily have to create your own. Instead you can obtain the private label resell rights to another e-book. Obtaining the resell rights to an e-book will allow you, in many cases, to assume to the work as your own, edit the content, and pocket the money from each sale of the book.

The biggest downside to obtaining the resell rights to an e-book is the amount of money that you will have to spend. Depending on who you do business with, the cost of acquiring private label resell rights may be fairly expensive. Since most freelance writers spend a large amount of time creating their e-books, as previously mentioned, they may want to appropriately be compensated. The cost of resell rights to an e-book may be considered a disadvantage to this unique business opportunity, but it can also be considered an advantage. E-book authors that charge more for their work typically have produced better content; better content is easier to sell.

Whether you make the decision to develop your own e-book or purchase the resell rights to someone else’s, you will still have to find a way to market the e-book to the general public. This, depending on what approach you take, can take time. That is why many individuals prefer purchasing the resell rights to an e-book that has already been created. This allows them to spend more time on marketing, which will in turn create sales.

If you are unsure as to whether or not you should create your own e-book or obtain the resell rights to another, you are not alone. There are a number of other individuals wondering the same thing. Private label resell rights are an amazing business opportunity for some, but not for all. All online business opportunities take time to find success. If you have the financial resources needed to obtain the resell rights to a well written e-book, you shall give this opportunity a shot. You are not guaranteed results, but you may be surprised with what you find.

If you try obtaining the resell rights to an e-book and the experience is not what you had in mind you can begin to create your own e-books or move onto another business opportunity. Unlike many other business ventures, private label resell rights allow you to get out when you want. After you have paid for the resell rights to an e-book, it is yours to do with. This means that you can stop at anytime and move on to something else, if you desire.

Malaysian Are Now Accepted By ClickBank!

ClickBank - Internet's largest digital marketplace has accepted Malaysian sellers and affiliates.

Prior to this, Malaysians are not allowed to join ClickBank marketplace as Malaysia is not in the list of approved countries. I still remembered how myself and other Malaysian internet marketers dealt with this disadvantage -

We registered a Virtual Office in Singapore and opened a Singapore Bank account. With a Singapore address (virtual office address), we were able to register with ClickBank as a Singapore seller. Though this counteract the disadvantage that ClickBank has put up towards Malaysian, it was indeed wearisome. You have to make a trip to Singapore to open a bank account with DBS with minimum amount of S$300. On top of that, you need to arrange to have the Virtual Office operator forwards all the correspondences to your Malaysia local address in order for you to respond timely should there be any action required.

But now, we can forget about all these nuisance. ClickBank has now accepted and added Malaysian into their list of approved sellers and affiliates. I am sure this good news will definitely make many Malaysia bloggers and internet marketers happy and excited.

For those who are new to selling digital product on the internet, be it ebook, membership sites or subscriptions, ClickBank is one of the many options available for you to market your products online with payment gateway ready. The other option available for Malaysian internet marketers is 2CheckOut. But ClickBank has one plus point over 2CheckOut - ClickBank is equipped with affiliate setup. If you sell your product on ClickBank, you can utilize their affiliate system to get many resellers / marketers to promote for your product.

To start selling product on ClickBank, you need to send a request to ClickBank to review your website and your product. When your product / website is approved and accepted by ClickBank, you are required to pay a one-time setup fee of US$49.95. After which, your product will be listed in their website and get noticed by over 100,000 affiliates in the ClickBank network. You are limited to sell 5 products with one ClickBank account, however you can setup as many accounts with ClickBank as you wish, but each account costs you US$49.95

When your product / website is approved and accepted by ClickBank, you can incorporate their credit card payment processor into your website to make payment via credit cards easier for your customers.

To learn more about how you can start Selling on ClickBank, find out the information on ClickBank - Sell Products page.

Selling Online: Physical Products vs. Digital Products

I have attempted to sell physical product online once. I found that it's too much of hassle as compared to selling digital products.

For physical products, on top of the market research / keyword research ground work, you have to also concern about inventory and shipping / delivery stuff, as compared to digital products, where it is normally delivered digitally and instantly in downloadable format. No issue with inventory and shipping / delivery for digital products.

No doubt there is always an alternative to sell physical products without the hassle of handling inventory and shipping -- dropshipping. But again, finding a good and genuine dropshipper is not easy. Most of the dropshippers restrict their dropshipping service to certain countries only, some even worst that they dropship to continents in USA only. This becomes challenging when you want to offer your products to the world wide market.

Besides that, most of the dropshippers would require you to pay a fee in order to access their product line. How ridiculous is this ! You are helping them to promote their products, they shouldn't be charging you to access their product line but instead welcome all sellers to help promote the products by charging only the dropshipping fees per item. What do they have to lose by letting potential partners to view their product lines before making up their mind to work with the dropshippper. I just couldn't figure out why they must charge a fee upfront before you make any money from selling their products.

Sometimes I wonder, are these so-called dropshippers making money out of the account set-up fees instead of from the dropshipping service for their products?

When dropshipping is out of question here, you will now have to crack your head on dealing with the inventory and shipping issues. In order to have good profit margin and being competitive in your niche, you have to minimize the product cost, to get a minimal cost per product item, you have to purchase at least a light bulk to get a reasonable discount. This again go back to the same issue, whereby you need to spend a considerable sum to buy the products in bulk before you make your first sale and before you know that your product is saleable. This of course is not ideal, what if the products don't sell or it goes slow. Huh, another challenging issue to handle.

The second headache that you are going to deal with soon after having the inventory issue solved is the shipping / delivery of the goods. Sending goods via registered air mail or courier service is not cheap and it would be a big challenge if you want to remain competitive in your market.

These are the challenges that I discovered when I am trying to sell physical products online. My experience tells me that selling physical products online is only workable when you are able to source for a good and reputable dropshipper with quality products that can take care of the inventory and shipping / delivery matters for you, PLUS giving you competitive price and good profit margin. Congrats if you can find one.

On the other hand, I would say selling digital products is still the easiest and simplest e-commerce model. You don't have to worry about inventory, shipping / delivery. It all done instantly in downloadable format once the payment is confirmed. And the best part is that you can automate the process. Whenever a purchase is confirmed and the payment is received, the product download link is sent to the buyer instantly and automatically. The buyer can then download the product into his / her computer or have it printed if it is an ebook or e-report. It doesn't involve any inventory cost and you can have almost 100% profit minus out the hosting fee of your website and any third-party credit card payment processing fee. Once it is set up properly, all you need to do is just to drive traffic to your sales page. You can forget about managing your product inventory, payment verification and the delivery of the goods. This gives you ample time to focus on marketing your products which in turn to bring you more sales. Don't you think that this should be the ideal way of doing business. Once set up, forget about the administration but focus on the marketing part and let it run on autopilot. Then set up the second website, do the same things again and let it run on autopilot. This business model allows you to set up unlimited websites and have them run on autopilot, which bring you multiple source of income.