Understanding Resell Rights

February 27, 2010 by · 5 Comments
Filed under: Blog 

When it comes to defining resell rights, it’s equally important for the individual selling the rights and the one buying them to understand the distinctions between the various types. This will prevent any confusion as to what the licensing agreement allows and will help to avoid any legal problems that may result from the improper use of a resell rights product.

Resell Rights allow the buyer to resell that product and retain 100% of the realized profits. Depending on the language used in the actual license agreement, there may or may not be a suggested minimum selling price. With Resell Rights, the purchaser will not be able to offer the license to resell the product to their customers.

Master Resell Rights, on the other hand, allows the purchaser to give the product away, sell it for whatever price they desire, package it with other products and/or offer the resell rights to their own customers. A product that is sold with master resell rights will generally be more expensive, but it gives the buyer additional options and more freedom in how they choose to distribute the product.

In some instances, Private Label Rights are offered and are the most expensive of all licenses. With Private Label Rights, the purchaser has permission to edit the content, claim it as their own creation and even repackage or rename it to create an entirely new product. In addition, the purchaser can sell the product with their choice of Resell Rights, Master Resell Rights and/or Private Label Rights.

Now that you are familiar with the various types of resell rights, it’s time to start thinking about ways to create your own product and start generating some income. The first and most important aspect of product creation is finding a niche. This should be something that you are knowledgeable about so that you can create a product that is built using your own expertise. For instance, if you are a successful eBay PowerSeller, perhaps sharing your secrets with others would be a successful venture. If you are an expert in the world of real estate investing or know how to purchase properties with little or no money down, perhaps this is your niche. If you are a whiz at software creation and have invented a tool that will help to make life easier, you may have just found a new source of income.

Once you have chosen the product that you want to create, it’s time to get to work. If you plan to produce the work yourself, that’s great. If you don’t have the time and need to outsource the project, take the time to choose a freelancer who is knowledgeable in this area and has a good reputation for producing quality work. You may want to consider signing a contract that guarantees you the work will be original and not copied in any way or from any source. Two popular online services geared toward hiring freelancers include http://Scriptlance.com and http://Elance.com.

As a final thought to creating your own resell rights product, make sure that your newest creation is one that will appeal to others. Browse bookstores, shop the software market and read up on what’s hot in consumer information. Finding a popular niche that you possess a certain level of expertise in and marketing the right product could be the difference in a little extra cash and a full-time income.

Robert Clouthier
http://www.articlesbase.com/affiliate-programs-articles/understanding-resell-rights-62762.html

Comments

5 Responses to “Understanding Resell Rights”
  1. Bilbo B says:

    How does a online Merchant account works for a E-Commerce?
    Does anyone with experience on this subject… HOW DOES IT WORK??? I mean, to have an E-Commerce… Do I need a Merchant Account? a Payment Gateway?… both?
    What is the difference between them, is there is any?…
    It seems confusing to me, because some companies seem to explain this thing as the same … … I dont know… I am a little slow with these things…. please help.

  2. stymiee73 says:

    To set up an ecommerce website you will need the following:

    1) A website. I know this sounds silly but there is a lot more to it then most people understand. To have a website you will need to register a domain name and get web hosting. Then you will need someone to design and build your website for you. Naturally having a website that looks professional and is pleasing to the eye can help you convert lookers into buyers.

    2) You will need a shopping cart. A shopping cart will allow you to manage your products and orders. There are many free and paid ones available and they offer many different features. You can also have a custom one made for you by a web developer. The advantages of using an existing script is that your site can get up faster and it costs less then a custom cart. The downside is you have to use what they give you and may have limited customization capabilities.

    3) An SSL certificate. This allows for you to secure your order page will is necessary so your customers' sensitive data (credit card information) is protected from thieves. You can get them cheaply at godaddy.com.

    4) A merchant account. This is what will allow you to accept credit card payments. There are lot of merchant account providers out there so make sure you shop around as their rates will vary. Naturally lower rates are better. For an Internet business do your best to get rates as close to 2.00% as possible.

    5) A payment gateway. This connects your shopping cart and order form to your merchant account. Basically it acts just like a credit card machine does in a retail store. The most popular gateway is Authorize.Net.

    Some companies can actually provide all five services for you. Or you can choose to get them separately and try to save money or get exactly what you want feature-wise.
    References :
    http://www.merchant-account-services.org/article/ecommerce-checklist
    http://www.merchant-account-services.org/resources/shopping-carts.php
    https://www.godaddy.com/gdshop/ssl/ssl.asp?ci=418
    http://www.authorize.net

  3. Diet Lava says:

    if you go to http://www.authorize.net and snoop around you'll find a very helpful diagram that shows how all the pieces fit together. High level thoughts:

    Merchant Account – In business, not just online, this is what allows you to accept credit cards.

    Payment Gateway – This is the 3rd party that takes your transactions and does everything necessary to get them into the interchange network. This can include authorization as well as submission for settlement. Without the gateway, your online transactions cannot "get into" the interchange network for processing.
    References :

  4. Webintel says:

    I'm trying to build a site where I offer downloadable info, how do I upload the information I want to offer?
    I have purchased 100′s of good programs, and have resell rights to them. I wish to make these available to visitors as a free bonus’ when they visit my site.

    I have searched the internet for a method of uploading these files, and making them available through a download link, and haven’t been able to find the information I need to do this free.

    Can anyone offer a nuts, & bolts simple to understand non technical solution?

    I don’t want to pay for another program to give away free programs, so I’m seeking a method that will not cost me more than I have already spent.

  5. cosmin_dan2002 says:

    Well first of all you need a website. And you can either create a simple HTML website or a shopping cart website. There are basically 2 ways of uploading files to your server. I am only talking about Linux servers. Either you do it through a FTP program (cuteftp or coffeeftp) or by the end user administration of your website. for Ex cPanel if you have one. The FTP details are given to you when you buy a hosting account. Contact me at support@articlesnews.org and i will help you for free.
    References :

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