Product licensing is the easiest and fastest way to ensure success online Quite often, product licensing is often overlooked by the majority of online money seekers. It almost seems like people don’t approach internet marketing with the same mindset as offline business owners approach their businesses. A lot of big name marketers like Daegan Smith, Jonathan Budd, Mark Hoverson, and many more have been using the concepts of product licensing to further their businesses for years. Product licensing is simply, taking products created by someone else’s brand and selling them yourself. All you need to do is buy the licensing rights to the product and drive traffic to the ads the product owners have created and tested for you. Usually the products you can buy licensing rights for are high ticket items that can earn you 90-100% commission per sale (usually minus some sort of merchant fee). These products can earn you anywhere from $50 to $1,000 or more for every sale you generate. Most of the time buying licensing rights to products like this is usually more expensive than the cost of the product itself. Some marketers pay upwards of $3,000 for licensing rights to high ticket products The reason they spend so much is because it works!
If you were to develop your own Sales funnel filled with high quality products it would take considerable time and money to undertake rigorous testing, tweaking, and establishing a loyal customer base You would also have to tap into the resources of a well-known and established brand name in the same category as you to ensure you meet the expected standards of the consumers. Being a product Creator can put you in a steady cycle of having to come up with new products and launches which takes quite a lot of effort and much trial and error. Product licensing does often require a significant investment, but it can procure dividends that far outweigh the initial costs and fees. By Aligning yourself with a successful brand or product is not only a smart decision but it can also ensure your success. If you bought a franchise with a major brand like McDonalds or Subway you would be given all the ingredients necessary to accomplish success. If you license a high quality product that has been proven to convert all you need to do is provide advertising to get people to see this product. A lot of the time Licensed products also supply follow up for your leads so your job is done once the lead hits the front of the sales funnel.
Why would you want to spend time doing research for a new product and the creating the product. Once your product is created you then have to pay big dollars to get a high converting sales page written and then create products for your upsells, downsells cross- sells plus copywriting for these too. Ok so now your product is ready now you have to go out there and recruit affiliates and JV partners to help you promote and then you have to give them 50% of the sale. Phew seems like a lot of hard work to me
If you have looked at the path of product creation and thought it was way beyond you but you really want to provide a quality product then perhaps you could take a look at product Licensing. Two Marketers that offer licensing rights for their Products are Matt LLoyd ( My Online Business Empire, MOBE) and Dean Holland (ipro Partner)
Matt LLoyd first started Internet marketing at the age of 22 but had a load of failures and then he developed his Online Business Empire product and is now earning 8 figures. He has am army of affiliates and partners with 3 of is partners selling over $1million in sales. Matt is always striving to improve his products as he knows that if he gives his affiliates and partners tools to succedd he will also benefit. Some of the students success stories can be seen here
Matt also has a very good Incentive for his affiliates who do well. They can now choose the car of their dreams which can be obtained after a certain number of sales. Take a look here at this video and tell me it does not get you motivated to get that car you always wanted
Matt is also always working on ways to get leads into the funnel and has started a series of videos where he answers his customers questions. These videos are gold and there is always something to learn. You do not even need to be a Mobe member to subscribe to these. Watch some of them here
Matt Lloyd also does numerous Live events and pays his partners and affiliates very well to get people to these events. You can also earn points to go towards your car.
Matt Lloyd is a super smart guy and i am proud to be a Mobe License Rights Partner. If you would like to start your Journey in this top shelf company and start earning Big Commissions and maybe even get that car you always wanted you need to start here
Dean Holland has only had his Ipro Partner program running for 2 years but already has partners making a very decent Income. Dean Holland has a story that anyone who has done any Internet Marketing can relate to. He was moving on into the broke zone when he undertook coaching from Alex Jeffreys. Since then his life turned around and now he is still working hard but more to ensure all his partners have success. I really like Deans ipro program. We have a team webinar every week and the training and products are excellent. Dean also has Live workshops in the United Kingdom and has started building a great team who are always ready to jump on skype and help you through a problem.
Deans starter program is just $19.95 but the value in this is HUGE. You would expect to pay 4 figures for the depth of information in this product. It is easy to follow along and allows you to take small steps. Advanced marketers will also get value from this product.
Dean has a whole system set up so once his partners drive traffic into the funnel he has a autoresponder series and also high converting webinars that your prospects get to attend. This funnel is very high converting and Dean and his team are always adding value. I have noticed a steady increase in the commissions I have been able to generate since I first began promoting this product 18 months ago.
If you would like to watch Deans Sales video you can follow this link here
You can start making your own products and finding affiliates to promote them or you can buy a license to use these very top class High Converting sales funnels and just concentrate on sending some quality traffic and getting a nice cheque when you make sales.