Would you like to make money from Linkedin? Who wouldn’t, right? After all, the average household income of Linkedin users is $107,000.
Everybody could use more money.
If, like me, you have been using Linkedin extensively to network, and you have over 500 connections, there may be an opportunity for you to monetize (“turn into money”) your valuable connections.
It’s a relatively new business model — perfectly legitimate — called Resale Rights Publishing (RRP).
Under this wealth-sharing business model (you will see later on why I call it “wealth-sharing”), an author agrees to sell an ebook AND to transfer to the buyer the Resale Rights.
That is, the buyer of the ebook is legally allowed to RESELL the very same ebook for ANY price, and pocket 100% of the profits.
Yes, I know it sounds amazing.
It’s like taking a $100 bill, and have the right to PHOTOCOPY IT and sell it to an INFINITE number of people for $50.
People would buy this $100 bill for $50 (they benefit from the discount), and are ALSO able to transfer the photocopy rights to future buyers.
Let’s get back to the ebook.
Suppose I’m an author of an ebook on “How to make money on Linkedin” and I sell it to you for $100.
It’s a fair price, since you learn valuable, practical information on HOW you, too, can make money on Linkedin.
Note: I used Linkedin to make $10,000, so I definitely have the credibility (and know all the secrets) for writing this book.
However, when you buy that book (“How to make money on Linkedin”), you are NOT allowed to resell it.
But suppose I sell you the SAME book, but instead of charging $100, I charge you $500. Then, I give you the RESALE RIGHTS, meaning you CAN resell the book at ANY price and pocket ALL of the profits.
In short:
- Pay $100 and learn to make money on Linkedin
- Pay $500 and make money by RESELLING the ebook
Which deal is better?
The first deal is great if you have your own product, and you pay $100 to learn how to sell YOUR product
The second deal is great if you do NOT have your own product, so you can use the ebook itself as a product which you resell (and pocket 100% of the profits). This second deal is what they call Resale Rights Publishing, and is perfect if you have over 500 connections
How do you know your connections will buy this resellable ebook, which you bought at $500?
Because:
1. You can price it UNDER $500 so the discount will motivate them to buy. For example, you can resell it at $200
2. Your buyers, just like you, can make MONEY by reselling the ebook you sold to them!
To learn more about this powerful business model which enables you to make thousands of dollars from your Linkedin connections, please write to me at omnidigitalbrain@yahoo.com with “Secret of Resale Rights please” in the subject heading.