Types of Resell Rights

There are many different types of resell rights.  Resell rights vary from the very basic right to resell a product to another person to the more versatile rights that allow you to alter a product, rename it, or much more.  All of these different types of rights can be bought or sold.  Let’s take some time to briefly discuss the 6 main types of resell rights.

1) Give Away Rights

With this type of rights you can give a product away for free.  Generally, however, you may not resell the product or edit/alter it in any way.

2) Royalty Rights

This type of resell rights requires you to pay the author or franchisor of the original product a percentage from each sale of the product that you make.  This most often applies to physical products such as books like those you would find in bookstores.

3) Resell Rights

With this type of rights you can resell a product.  This may apply to physical products as well as digital products.  Generally with digital products you resell the product and keep 100% of the profit.

4) Basic Resell Rights

This type of resell rights allows you to resell the product.  However, your customers do not have any rights to resell the product to anyone else.  With this type of rights you keep 100% of the profit you make with each sale.

5) Private Label Rights

This is probably the most versatile and sought after type of resell rights.  Generally when you buy Private Label Rights you buy the right to alter the product in any way you wish.  Examples of this are:  putting your own name or company label on it, selling resell rights to the product to others as your own, using the product as a foundation for your own products.

6) Master Resell Rights

With this type of resell rights you have the ability to resell the product along with its Basic Resell Rights to your customers.  This also allows your customers to resell the product to others, such as their own customers.  What makes Master Resell Rights attractive to many is the fact that the Master Resell Rights can be sold alone, or in combination with the product itself.

As you can see, resell rights have many benefits and provide many channels through which you can make money with them.  Taking the time to learn more about resell rights could prove very worthwhile to you.

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