The Big Book Of Resell Rights Tips

6 Common Terms in Resell Rights
1) Resell (Resale) Rights.
The right to resell a product. This can apply to both physical and digital products. Where digital product is concerned, you resell the product and keep 100% of the profits without losing the enjoyment of the same product as digital products are duplicable in nature.
2) Basic Resell Rights.
You have the right to resell the product but your customer does not have the right to resell it to another.
3) Master Resell Rights.
You have the right to resell the product as well as the Basic Resell Rights itself to your customers. Your customers can in turn resell the same book to their customers. The Master Resell Rights can either be bundled together with the purchase of the product or purchased separately from the product.
4) Private Label Rights.
You are allowed to make limited to unlimited editing to specific or all parts of the product such as your own name, logo, advertisements, web site URL, and affiliate IDs.
5) Give Away Rights.
You can give the product away for free. In most cases, however, you cannot resell and/or edit it.
6) Royalty Rights.
You have to pay the original product author or franchisor a percentage of every sales made by you. This right normally applies to physical products. McDonald’s and books found in bookstores are very good examples that demonstrate this right.