Private Label Rights & eBay - The Magic Formula?
by James Penn
There are many drawbacks to selling Private Label Rights eBooks
on eBay; the main one being the very high competition and therefore highly reduced prices that you
are forced to charge in order to see any form of sales. The majority of sellers would accept this
fact and just go along with their eBay business making very tiny, if any, profits and for a lot of
hard work and effort… but not me and not you after you read this article.
There is a way to exploit the vastly reduced selling prices on
eBay, and here’s how to do it.
First you need to invest in some private label eBooks. These
eBooks could be about a small niche subject or a very large niche (such as making money online or
the health and fitness niche), it doesn’t matter. The truth of the matter is any eBook sells on
eBay if it is marketed in the right way.
Once you have the private label eBooks, read through them and add links to your
website, to affiliate programmes or any other places you would like to.
Convert your eBook from a word document into a PDF document.
This ensures the content can not be changed or manipulated and your links will always remain in
place.
Go and list your item on eBay! Most private label eBooks come with ready made
sales pages so you can simply upload that to eBay, set a price, and your item, with your links, is
placed on one of the busiest websites in the world!
Setting your price is one of the most important aspects of this system. If you
set it too high, you don’t sell any copies but if you set it too low you’ve already killed the
market. Set a price that you think is reasonable and that most prospects are prepared to
pay.
Consider this scenario. You sell 10 copies per week at £5 and 10% of people who
buy the book resell it with your links. Gradually the price will be driven down to a measly 99p or
1p in some cases and your eBook will be being sold hundreds of times every week on eBay.
But how are you profiting from this system?
Firstly, you’ve made a quick £50 but that’s not a life changing amount of money.
Most importantly, you had links in the eBook to your website and affiliate programmes. If a reader
of the book clicked a link and bought a product you receive a commission or a payment directly into
your paypal account. It’s all about profiting from the backend.
Why don’t I just sell the eBook for 1p from the start? I imagine you are asking.
Firstly, you wouldn’t make the first £50 but secondly, and most importantly, you’ve already killed
the market. It would not be profitable for a buyer to buy your book for 1p and go and sell it for
£5 because you would dominate the market with your severely low price. With the initial method of
selling for £5, you would make a quick £50 (at least) and you would have an army of sellers below
you selling the same book. Eventually the price will be driven down to 1p because of the
competition, but you can make the most of it before this happens.
eBay is so perfect for this profit generating system because of the high volume
of sellers looking to sell eBooks. Your eBook will burn through eBay like wildfire. It will be read
hundreds of times per week and you will make sales every single day. This eBook could set you up
for years!
But why have just one eBook flying around eBay when you could have 10 or 15 or
100!
Here are a two places where you can buy private label eBooks to sell on
eBay:
Infogoround
Pushbutton Health
Both these suppliers produce top quality ebooks and article packs and add more every month.
Don't confuse them with other cheap and cheerful websites offering rubbish!
Your challenge now is to grab the private label products, add your own links,
convert them to PDF files and list on eBay and then watch as your eBooks spread across the internet
like wildfire. Finally, watch as the paypal payments fly in and you just sit back, relax and move
onto your next private label eBook.
James Penn is owner of http://www.auction-enterprise.com
explaining how you can launch your eBay business. To grab YOUR huge private label
eBook package, visit us @ http://www.auction-enterprise.com/mega-resale-package.html
|