Private Label Rights: 6 Reasons Why Most People Fail

Over the last several years online, I’ve gotten smarter and smarter about using Private Label Rights products. But, at the beginning, I made a lot of the “newbie” mistakes that amateur marketers make…

1.) Overinvesting in Private Label Rights. When I first started out, I scooped up a LOT of private label rights products, both free and premium. After a while, I had too many piled up…I got “analysis paralysis” and became overwhelmed by the amount of PLR I had acquired. So, as many newer marketers do, I let them build up…and for a while, that caused me to fail with private label rights.

2.) Underinvesting in Private Label Rights. As I mentioned in my post yesterday, using free private label rights products really slowed down the growth of my business. Even if you invest a small amount in premium PLR, the return on investment will be ten to hundred-fold, provided you find good private label rights content.

3.) Lack of focus. Once I figured out that I should be exploiting the private label rights products that I had let build up, I began to throw up what were essentially virtual malls of content. I had products on every topic under the sun in these little virtual malls…and I did make a few sales. However, the real key is to FOCUS on one single market, dominate it, and then move on to the next one.

4.) Not re-writing the PLR. In addition to throwing up the products on those virtual mall websites, I made the huge mistake of not re-writing the titles of my products and not adding extra “mojo” to the products. This de-valued all of the products…I was underselling myself. I could have made so much more if I made them unique.

5.) Not creating a new e-cover. A lot of PLR products come with digital graphic covers, but most of them flat out suck. Plus, if you’ve re-written the title of your PLR product (as you should!) then you need a new e-cover anyway. It’s well worth the time and money investment.

6.) Not having timelines to use PLR. As I’ve become smarter about exploiting private label rights products, I always have a specific timeline in which I promise to use the PLR, and a specific purpose. Rather than purchasing it for the sake of using it later, or because it’s a “good deal,” I’m looking to implement it into some of my existing marketing funnels, or as their own easy, high-profit funnels.

There’s good news, though…if you invest properly, focus, re-write and set timelines for yourself, using private label rights products can launch your business to the next level. Literally.

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6 Comments

  1. Posted February 6, 2010 at 5:21 am | Permalink

    For me my deadline for creating a new product is three days (i.e. niche research, product creation, and sales letter).

  2. Posted February 6, 2010 at 6:45 am | Permalink

    Your right on the money, thanks for the direction. I have just started using my PLR and like you said I have a ton.

  3. Posted February 6, 2010 at 12:16 pm | Permalink

    Well analysed. The reason most newbies fail to achieve any measure of success is lack of focus. They get so overwhelmed with the tons of PLRs they’ve collected that they never get around to utilise any of the stuff successfully.

  4. Laurie Lacey
    Posted February 6, 2010 at 5:24 pm | Permalink

    Hi,

    Yes, I think the “timeline” point is quite important. This has been one of my main problems. At the moment, I have so much PLR material on my hard drive that its
    embarrassing! So, the timeline point is especially importan advice, in my case. Thanks!

  5. Posted February 6, 2010 at 11:43 pm | Permalink

    Once you have the PLR you have to get it on your site as soon as possible, before anyone else is best then it looks like your site has the original copy.

  6. Posted February 7, 2010 at 2:06 am | Permalink

    Yessir! you’ll see. . . . .

    I am doing this in Japanese. I need contents first. well, seems to be long way.

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