You are not alone! I think most newbies go through a stage where
they waste a lot of money buying rights to products without
knowing how to apply and monetize these products.

It’s also very true that many people know what to do but they
don’t know how to do it…

Kindest,
Francois

I nice post. And I think the points you brought up are for most newbies true.
When I read your post I remember all the stuff I’ve bought as you and a lot of it is just covered with digital dust.

You hear something like buy products with Resell Rights and Private Label Rights and so on. But in reality I didn’t even know what to do with the products. Because I didn’t know how to put all that stuff on my first web site.

When I read your post I remembered all that wasted money in that time and for what…?

All the best

Anton

You are absolutely right! Many people buy the rights to a product without really knowing or understanding the rights. You should never hesitate to request some clarification from a seller even at the risk of sounding stupid.

I always say that there is no such thing as a stupid question!

All the best,
Francois

Thanks for posting your comments!

I agree that it’s a good idea to only ’suggest’ a minimum sales price or to give a recommended sales price.

Thanks,
Francois

Most people tend to overlook the fine print when they are in a buying frenzy but customer should do due diligence before purchase.

It is caveat emptor and the buyer has to necessarily satisfy himself in all aspects before going ahead. Software products are essentially a minefield and even top marketers tend to manipulate the market for short term gains.

As Francois says it is far safer to contact the marketer directly than making any assumptions.

I also found your comment “It’s a great product, he will only sell a very limited number of resell rights and the product may not be sold below a certain price level (I reserve my judgement on the enforceability of this),…”

Why do all marketers think they can control the market this way? This is clearly “price fixing” and violates Federal Law… somewhere back when, some marketer put this into his license and everyone else followed suit… I get into many arguments over this and my lawyer friends concur, this is “price fixing”… you can “suggest” a selling price but you may not require a selling price… by doing so you’re try to control and monopolize the market… Federal law dictates otherwise… and just because everyone is doing it doesn’t mean it’s right or legal… if your guru jumped off the Empire State building would you do that also?

Marketers put in legal threats into their licensing to scare buyers into only selling it at their “required” selling price… but I doubt very much if they would take anyone to court, simply due to economic reasons and because it wouldn’t hold up in court and be enforced…

I appreciate your insights… would’ve appreciated it more if you had told us who the marketer is so that others won’t be caught unaware…

@ Jorge - Yes, spot on!

@ Colin - Personally I also prefer buying PLR’s instead of Resell Rights. Just so much more you can do with them…

All the best,
Francois

I would not buy a resell rights product with such tight restrictions. I’d rather wait until PLR were offered because I can turn it into my own product.

Chances are you know the type of additions which will be added to version 2. You can add these to your PLR version which means you have a comparable product (and is one of the reasons I don’t like to sell PLR to my products - it creates competitors).

Guarantees, product support, future upgrades… all figure in. And be careful that you don’t “paint yourself into a corner”!

Good post! Useful insights! Thank you!