If you're looking for ways to make money online selling information -- but don't have the time or money to develop your own product -- consider buying the reprint or resale rights to someone else's.
Basically, you purchase the right to sell an already established product. And depending on the type of rights you purchase, you keep either a percentage of the sales or all of the proceeds.
In the best-case scenario, you can even purchase a master license -- which gives you the right to sell the purchasing rights to other people!
Selling information to make money online is extremely easy when you buy the rights for an already established product. Not only do you capitalize on the good name of the author, but you don't have to spend any time developing your own product!
Let's take a look at the three types of rights you can buy to make money online with information:
- Resell rights. When you purchase resell rights, what you're actually purchasing is the right to sell a product for someone else -- a product that they continue to own.
Because you don't actually have control over the product, you keep only a percentage of each sale as your commission.
- Reprint rights. Reprint rights cost more than resell rights, because you keep 100% of the proceeds from any sales! You can also make as many copies of the product as you wish, and sell as many as you can.
- Master rights. Master rights are the most valuable of the three, and therefore are the most expensive.
As with reprint rights, you have permission to reproduce and sell the product for 100% of the profit. But you're ALSO allowed to sell the actual reprint rights to the product to other people!
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