subject: Main Classifications of Resell Rights Products [print this page] Main Classifications of Resell Rights Products
In a nutshell, resell rights products refer to products and services that are produced by someone else, put up for purchase by another entity. Upon purchase, the new owner then gets full ownership over the product, as if he were the one who originally conceived and manufactured it. The way the over-all process works involves transferring the ownership of the bought article in such an extreme that you may place your brand on, if you wish. This means that investing your money on such products will not only help you minimize your manufacturing cost, but will also allow you to come up with offers that are of high quality and high value. When used correctly, any business owner may use these products to increase their margin of profit exponentially.
There are three main classifications of resell rights products. If you are planning to use them to make profit in the future, then it is imperative that you get a full grasp of their differences and similarities. This way, you will be able to choose the best ones that will fit your intents and purposes.
Resell rights products may be classified between these three main classifications: basic resell rights, master resell rights, and rebranding resell rights.
Basic resell rights give the new owner the prerogative of reselling the products and services for a hundred percent profit. Alterations are not passed on to the customers upon purchase.
Master resell rights, on the other hand, have the same provisions as basic resell rights, except that the right to resell the products are transferred to anyone who pays for it. Despite this, the luxury of altering the base product is still maintained by the original manufacturer.
Finally, rebranding resell rights give the new owner full ownership of the sold products and services. In addition to this, the new owner, no matter what degree of ownership he has, get the right to resell the product and to alter it as he wishes. This classification of products give the new owner over-all power over the products and services, because prior restrictions are removed once the purchase is finalized.
