hitmeasap
Level X5
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Hey guys,
I've previously made these topics:
How Do You Set Your Prices?
How Do You Set Your Prices Of Your Ebooks?
How To Find Buyers For MRR (Master Resale Rights)?
And, this is kind of similar.. But not entirely, as this topic is to address HOW TO set the prices for MRR and/or PLR products.
Here's some information about MRR (Master Resale Rights):
MRR rights make it possible for you to resell the product along with the basic resell rights that come along with it, meaning your customer will be able to sell the product to his/her customers as well. MMR products are more favorable for prospects would like to be able to distribute the product among themselves in order to make money or gain from it. MRR rights are similar to Resell Rights and you are not allowed to claim authorship or change the product in any way.
Private Label Rights (PLR)
PLR rights not only allow you to buy the product, but also give you the ability tochange it in any way you want to. A PLR product can basically be treated as if you had created it yourself as the author, along with the resell rights; however you are not allowed to claim the copyright on the product.
Buying PLR would always be a good investment, BUT be sure to read the license agreement beforehand, for some PLR products will still have restrictions forbidding certain actions like giving the product away for free or changing the content itself. Branding rights are confused with PLR nowadays and some products will only allow you to brand the product with your own affiliate links, nothing more.
Thank you Razzy, I appreciate it. However, and I should probably have been more clear about it, but I'm interested in creating my own PLR or MRR products, and the thing I wonder, is how I'll set proper prices on these products. Not MRR or PLR products I've bought and edited. :)
Thanks though, your inputs are always valuable :)
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I would be keen on buying PLR and MRR products you create... simply because I can see you won't create the rubbish that is being sold now.
I would think that you not only need to make a good price, but you should maybe limit the amount of sales. I don't want to buy something to sell just to find that every Tim, Dick and Harry already has the same product, either to sell or received for free.
For this reason I would pay more for something more unique and quality. So you asked about value and this would be something that adds a lot more value... scarsity. :)
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TommyCarey
PLR and MRR products can be tricky, but there are ways around them if you want to get tricky lol
If you want to slap your own logos and links into the documents and claim them as your own, you'll need them to be rewritten. You can either do this yourself of hire someone that knows the niched the PLR or MRR product covers. If you write it in your own words then you aren't breaking any laws
How do you set the prices for something like this?
This all depends on the niche. Do your research and check out your competition. If they're selling their books or documents for $10 a piece, you sell yours for $8
What is it worth and how do you measure the value?
The length or size of the PLR or MRR documents usually determines the value. Well, if you need money right away, you'll need to lower the price to get a quick sale. After the first few sales, or when you don't need money, you can increase the pricing of your work. You'll make a few less sales, but you'll already have the reviews from when it was cheaper so people will be more willing to purchase
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