It is relatively easy to make money with private label rights products, like article packs and e-books. These are products you buy, re-brand, and sell for a profit. However, if this is a new experience for you, it is easy to make mistakes. Continue reading for five PLR product mistakes you can avoid because these mistakes have the potential to lose you thousands of dollars or more!
1 – Do Not Let Your Products Gather Dust
Whether you purchased one single pack of 25 PLR articles or 100 PLR e-books, do not let the files sit on your computer unused. Each second these files sit unused, you lose money. You bought the products to make money, so do it. If you are limited on time, make few e-book and article edits. Consider adding the articles on a website with ads and affiliate links or create a sales page for the e-book. When you have more time, go back, edit more, and work on marketing. Each of your products deserve attention, but don’t leave them sitting while waiting for the best time. Never forget that you will not make money until you actually use the product you bought.
2 – Do Not Leave the Documents As Is
As previously stated, make only a few edits to your PLR articles or e-books if you are in a rush. If you have the time right now to inject quality into the products, do it. Private label e-books and articles are sold for affordable prices because they are sold to many people. It is common for sellers to sell 500 or more e-books and 100 or more PLR article packs. This means a lot of competition. However, if you take the time to rewrite the articles or e-books, you essentially create a new, different version. You can market it as 100% original. This not only decreases the competition, but it increases your earnings too!
3 – Not Researching All Your Options
As previously stated, PLR e-book buyers make money by rewriting all or a portion of an e-book and selling it to interested readers. This is great, but it is not your only option. Why not dissect that e-book and create mini articles. Not only can you sell the e-book, but also you now have a website that can generate income through affiliate programs and pay-per-click advertising. The same can be done with PLR articles. You can also take those articles, combine them, arrange in a different order, and delete the duplicated information. You now have an e-book!
4 – Not Getting the Most from Your PLR Products
This mistake ties in with not researching all your options. When most individuals buy a 25 pack of articles, it is because they are creating a website. That website can be a paid membership website or generate income through ads. Considering that most PLR articles sell for around $1 each, you can easily turn a profit in a few days or weeks at the most. Nevertheless, there are steps you can take to increase your profits even more. Consider the topic. Do you have a pack of articles on how to choose a cosmetic surgeon? If so, most of the same tips apply for choosing other medical professionals, such as family doctors, chiropractors, dentists, and surgeons. Interchange a few words in each article and you now have four more websites to create. You can do the same with e-books too!
5 – Relying on Only One Product
As previously stated, you can easily take one pack of 25 articles, which you may have paid $25 for and spin those articles to create more. You should do this, but keep on buying PLR articles and e-books. The more PLR articles and e-books you re-brand and sell, the more money you make. Plus, this moneymaking opportunity is considered passive income. After posting your e-book for sale, you may get 1,000 sales in the first year. Although those sales will begin to taper, they will always come. You keep earning money overtime. It’s also important to continue adding to your PLR collection for future products you can flip and profit with.