Narrator: PLR products provide an excellent earning opportunity. This whole course is going to tell you how you can maximize your revenue and your earning opportunities from using private label rights material. It's a fantastic invention for Internet marketers, and it's one that will help to save you a lot of money, and also, in the process, make you a lot of money.
If you use PLR products well, than what you can do is dramatically reduce the product development life cycle. This means if I start creating a product today, it may be two to three weeks before it's completed. It could be longer, depending on the complexity of the problem.
If I buy a PLR product, I can find that that two to three weeks creating a product could dramatically shorten to maybe as much as half a day, or a day, or possibly even less, depending on the quality of the PLR. But at the most, it'll be a day.
So you can see you can massively reduce the amount of time it takes you to create a new product, which means that you can get profitable products to market quickly.
So if I'm doing two products a month, it takes me two weeks to create a product. So two products a month means I'm doing 24 a year. That's not really that many, is it?
If each one makes me $10 a day, that's $240 a day. However, with PLR products, if I can do one per day, in a week, I could do five. I've taken the weekend off, so Monday through Friday I've done five.
That means in a month, assuming four weeks in a month, instead of just two products, I've got 20. The potential profit is much, much higher because you can get products out to the marketplace an awful lot quicker.
Being able to respond that quickly to niches that you've found, and so on and so forth, means that you can potentially earn a lot more money.
Basically, PLR is cheap product creation. You could hire somebody to ghost-write you something and it would be unique, but the trouble is that's likely to cost you an awful lot of money. A decent e-book will cost you $500 to $1,000. A decent video series, $500 to $2,000, perhaps more.
With PLR, you could buy a decent-quality video series for pennies on the dollar by comparison to how much it would cost you to get it made for yourself.
But finding good private label rights can be a bit tricky, and that's one of the things we're going to address in this program. I'm going to show you some of the best places to find PLR from.
If you get bad PLR, it's going to be a nightmare for you to rewrite. It's going to take ages, and that's really not what we're after. What we're after is being able to rapidly turn around the PLR product and get it out into the marketplace in order for us to earn from it. You've got to find good-quality PLR in order for you to be able to do that.