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Hypothetically speaking... would anyone ever buy Master Resale Rights(?) to an ebook?

Discussion in 'Making Money' started by mollah, Jan 7, 2010.

  1. mollah

    mollah Power Member

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    Say someone who is super detailed (such as myself) wrote an eBook that was actually helpful with specific information rather than the same useless rehashed drivel that you see in 99% of ebooks.

    I could sell it, but I don't know how to set up accounts or write good copy or any of that other bullshit.

    Would a market ever exist where I sell you the rights and source code to the book and then you can put your name on it, market it, sell it exclusively, do whatever you want with it, and I legally relinquish all legal rights to it?

    Is that what is meant by "Master" resale rights? Where the seller can no longer sell it?

    Could that happen?

    How would one arrive at a price? I know when you sell a business it's usually 6-24 months' worth or profit. How would you arrive at a price for an eBook?

    Hypothetically speaking.


    I'm just wondering. I have an ebook. It's not "ZOMG GROUNDBREAKING GONNA CHANGE TEH WORLDSSSS!!!" but it's specific and exact and shows you EXACTLY how to do something, no bullshit, no fluff, no feelgood bullshit, no affiliate links. Just background info, screenshots, specific no-room-for-interpretation instructions, and that's it. It's like 60 pages. People could potentially use the knowledge to make a lot of money.

    I was gonna sell it myself but I'm a shitty salesman and I feel like a scum bag coming up with a landing page, so I figure I'd just let someone else do it if they want.

    I'm just realizing the issues with this now. How could they preview the material before buying it without making copies of it? You'd have to like meet in person. I don't even want to give away the niche/technique/genre/market/whatever.

    Nevermind I guess.
     
    Last edited: Jan 7, 2010
  2. WizGizmo

    WizGizmo Super Moderator Staff Member Premium Member

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    What you are talking about is PLR (Private Label Rights), and yes . . . it is commonly done.

    Here is an ebook which might help you. It's called "PLR Voodoo"
    Code:
    http://www.mediafire.com/?kudbdmot11j
    Also, copy and paste the following in Google's search box:
    Code:
    Create PLR filetype:pdf
    Also, you said. "I'm just realizing the issues with this now. How could they preview the material before buying it without making copies of it? You'd have to like meet in person. I don't even want to give away the niche/technique/genre/market/whatever."

    Well, at some point you MUST reveal at least something about your product. The best way is to "leak" a chapter or two.

    I have a friend who is an inventor and he sat on a great idea for years and never disclosed the idea to anyone for fear that it would be stolen. Eventually someone else came up with the same idea and cashed in big time. The moral of this story is, eventually, you have to trust SOMEONE. There are non-disclosure documents you can use to help you to protect your idea, but ultimately, if someone clever enough wants to steal your idea, they will. But it will NEVER do you any good by sitting on it.

    PS: You sound like an awfully careful person . . . Careful to a fault. If you want guarantees, internet marketing may not be right for you. You need to trust life a bit more and take chances. No risk = no reward.

    Hope that helps :)

    "Wiz"
     
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    Last edited: Jan 7, 2010
  3. mollah

    mollah Power Member

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    Thanks a lot.

    Media fire is down. I'll have to get that book after their maintenance.

    I trust people, but I don't trust 99% of IMers. I mean hell, look at the name of this website that we're posting on. It sure isn't www.honestinternetmarketers.com :p

    How does one establish a selling price?

    I'm thinking... the book will sell for $30-70... if you could sell 1,000 copies that would be a ton of money. I'd want at least $5k-$10k for it.

    But then if someone paid that much for it and wasn't able to sell it, they'd be pissed.

    Hmm.
     
  4. CMS2009

    CMS2009 BANNED BANNED Premium Member

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    at that price point, and if its that good, you should look into a clickbank JV. Get someone who is good with landing and slaes pages, and the technical set up, and get him to do that stuff for you, as well as make affiliate tools etc

    If you meet in person you can tell him all about the system, without him seeing your blue print,

    decide on a good percentage off all revenue for him and you are set. Be prepared to give a bigger percentage for a decent/ experience copywriter. Dont let a noob near it, cos it really is the sales pages that make the reuslts.

    will certainly make a lot more than folgging PLR rights if the product is decent


    BTW this is just my opinion, im not attempting to get involved, as I have no skills in this field
     
  5. mollah

    mollah Power Member

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    That mediafire link still isn't working for me.

    Hmm.

    CMS2009, I wouldn't even want a percentage of it, and honestly I probably wouldn't trust anyone to be honest with how much they are making anyway. That's why I would sell it for a flat $5k or $10k and if you make $200k with it then awesome, you save the percentage you'd have to pay me.

    Here's a hint: the book is about something that there are 2978234978234 threads on this forum about how to do, yet no one seems to be able to figure it out and people make new threads every day and get 50 replies full of bullshit fluff from "gurus" or just idiots who have no idea what they are talking about.
     
  6. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    here's the PLR Voodoo.pdf on rapidshare & megaupload in case if mediafire is still down:
    Code:
    http://www.multiupload.com/HJN38JNHWI
     
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    Last edited: Jan 7, 2010
  7. mollah

    mollah Power Member

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    ^ thanks, that one worked.
     
  8. rickstar

    rickstar Elite Member

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    Yep, I recently sold all my rights and property to a book/video course I had created.
     
  9. Florida Dish

    Florida Dish Newbie

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    Mollah,

    Here is my experience from yesterday.

    I have been looking for an ebook on a particular subject to sell via joint venture. In the past I have written a few ebooks so I know what it takes.

    In searching I found a particular book that seemed to fill the bill. I bought it because I had the feeling from the design of the web site that possibly it wasn't selling well and I might have the opportunity to purchase private label rights.

    Downloaded the book, read it and found it was exactly what I was looking for.

    Emailed the author and after 8 emails back and forth I purchased the private label rights for $100.00. I now have the rights to alter anyway I see fit and list my name on as the author.

    I have already started to alter it and the original author has the right to continue to sell the original anyway he wants.

    As far as price is concerned he had not sold enought to use the profit or sales as factor in determing the purchase price. I actually described it as an idea not a business due to the lack of sales.

    At the end I asked him what price he would feel comfortable with and he came up with $100.00. I thought that was fair and we made the deal.

    All this happend yesterday in a span of about 12 hours.