Archive for August, 2009

Private Label Rights: What Private Label Rights Is In A Nutshell

The words Private Label Rights are probably not alien to most people who are active within the Internet Marketing arena. But to the uninitiated, I hope this single blog post gives you a clear overview on what Private Label Rights is, in a nutshell.

Private Label Rights (PLR), in Internet Marketing context, means you have the rights to edit a product’s content and put your own name or brand on it.

While the concept of private labeling was introduced to the Internet Marketers just a few years ago, what a lot of people don’t know is that the practice of private labeling has been going on in the brick-and-mortar businesses for a very long time. I suspect way back when the Industrial Age began.

As a consumer, you might not notice it but private labeling is happening everywhere around us. Just walk into a supermarket and you will be seeing various examples of private labeling. You can make comparisons and decide which shampoo brand to buy, but little did you know that each of those shampoo brandmakers got their raw materials from the same manufacturer!

These companies buy raw material from the same manufacturer and then make their own changes - add in fragrance, add in their own ingredients, label a different brand, and sell at different prices. Don’t be surprise if you find that the chickens you’ve been eating from various fast food restaurants would come from the same farm!

In Internet Marketing and Information Product context, investing in ready-made PLR content lets you save time and effort on research and creating your own products from scratch.

Personally, I create, buy and sell Private Label Content. I buy PLR content when I want to save time on researching a product I have little experience with. I also create and sell PLR content to other busy Information Marketers.

You will be surprised to know that even though the Internet Marketers are demanding of “high quality” Private Label Rights, the truth is that when the words “private labeling” or PLR are mentioned in the offline brick-and-mortar businesses, those same words are synonymous with low quality, or poorly perceived value!

Smart companies repackage private labeled products, and I will be talking more about this in another blog post soon. Catch my next blog post in a few days from now as I reveal how some offline companies increase their annual revenue by three times… just using Private Label Rights!

The Internet Marketing Weekend Workshop

I will be organizing an Internet Marketing workshop on demand for the first time! If you are new to the world of marketing online and want to learn how to start your own Internet-based business from scratch, selling your own digital products and generate your own passive income, come join me and Elle Wong for an intensive 2 days of hands-on learning!

Date: 5th and 6th September 2009 (Saturday and Sunday)
Time: 10.00 am - 6.00 pm every day
Venue: EcoGreen Shop & Life Cafe - 1st floor
125 & 127, Jalan Aminuddin Baki
Taman Tun Dr. Ismail
60000 Kuala Lumpur

Get the Full Details & Reserve Your Seat Now At: http://edmundloh.com/weekendworkshop/

The Story Behind Every Packet of Mamee Monster

You’ve probably ate Mamee monster in your early childhood days. Even to this day, children continue to enjoy every yellow packet of those crunchy noodles, whether they buy it from the nearest sundry shop or from the ‘Roti man’. Mamee monster is very popular in Malaysia, Singapore, Australia, several Asian countries, and some in Europe even!

But what many people don’t know is the founder of Mamee Monster, Datuk Pang Tee Chew, or also known as TC Pang. To your surprise, did you know that there actually was a time that Mamee Monster was close to not being conceived at all?

You see, Tee Chew and his father, Pang Chin Tin (who also now holds a Datuk title), met with a lot of extreme challenges leading up to the conception of ‘eating instant noodles as it is without boiling it’.

As expected, the idea was met with objections and criticisms. I could imagine that people thought it was a stupid idea. In fact, their main supplier commented that the idea ‘would never work’. Man, who would believe that Mamee Monster was thought to be a stupid idea back then? Today, it’s a generally accepted idea.

Now at this point, the father and son could have given in to the objections. And perhaps we would now be living in a world without those bright yellow packets on sundry shops, shopping malls and the Bread Man.

But they went ahead… and the rest, as they say, is history.

Today people and children around the world are enjoying every bite of Mamee monster, and many would remember it fondly as part of their childhood memories. The crunchy snacks have started serving for generations of children and I don’t see this stopping anytime soon.

This is one of the many examples of people from humble beginnings, and they have proved - time and again - that you can still succeed and never be afraid to conceive your ideas, even if other people might not think highly of it. Yes, there will be obstacles. And you can still risk failing. But even if you fail on your first attempt, there’s no reason to give up. You only fail if you give in and stop trying. The Pang duos didn’t. :-)

CASE STUDY: How I Increased My Sales Revenue By Nearly 800% In 3 Years

Good, so I seem to be blogging more consistently now. At least once a week. :-)

I’ve been wanting to write about this since a long time ago but it took me a while to put everything together, including my stats and past notes when doing my launches of any scale.

These results were taken from my smaller time sensitive Private Label Rights sales since November 2006 up until June 2009. The gradual increase in sales revenue from these time sensitive sales came from applying different approaches throughout.

To the tune of 800% in increase!

November 2006: $1,890.00 in 24 hours

The sale pulled off quite simply. 30 copies available. No One-Time Offer. No back end. Just purely Front-End sales. I carried out a sale similar to this 10 times in the interval of months. No surprise that the results were similar, too - ranging from $1,400 to $2,000.

September 2008: $4,127 in sales

I decided to carry out these sales on a less frequency but it will have to make up in sales power. This marked the first mini PLR sale with dramatic changes like:

- more PLR products in the package than usual (6 instead of 4) but at lower price
- added a sales video to the sales letter
- added One-Time Offer (OTO)
- recruited 5 affiliates to push the mini PLR sale

I more than doubled my sales revenue! My profit share was also more than I did from the first sale model.

January 2009: $7,315 in sales in 3 days

This was a major trend setter for the coming mini PLR sales I have in the pipeline. After my success with PLRGold: Videos I saw a bigger demand in multimedia PLR products. So I produced less PLR E-Books and created more Multimedia courses with Private Label Rights (a.k.a. audio E-Books).

I experienced my first big breakthrough in the mini sale model with this one. The successful principles of the previous sale were carried forward to this one, and included the following changes and additions:

- PLR E-Books have phased out
- Started selling multimedia based product with PLR (audio, video, transcript, presentation slides)
- used a lower priced One-Time Offer for testing purposes (actually it’s better to sell a higher priced OTO and more profitable too)
- recruited more than 5 affiliates

In fact I have documented the break down of the 72 Hour PLR Sale model in an early blog post here.

March 2009: $10,851!!

I carried out another time sensitive sale which broke the 5 figure mark! The only difference was recruiting slightly more affiliates and more aggressive marketing on Twitter from them, which I had least expected.

However in the first 24 hours, I was too ambitious and tried to put front a $297 One-Time Offer. None were sold. So I had to put up an emergency OTO in place that was priced lower i.e. $97. I suspect the jump in price was too big for the Front-End buyers or many of them had already owned the products from the OTO.

June 2009: $14,747!!

The ultimate one so far! This time around not only have I carried out the successful recipes from the previous sale forward to this one:

- This was the first unique PLR title of its own, focusing on brand building and the first PLR product to have BOTH male and female voice over
- This time’s One-Time Offer (OTO) is truly brand new; never made and released before - unlike previous OTOs.
- The OTO touches on a hot topic that will never fizzle out i.e. social media traffic
- I’ve also included a Downsell a.k.a. lite version of the One-Time Offer if the buyer passes it up
- Added the Virtual Smart Agent script that saved 7% of the sales
- There were more motivated affiliates even though I invited 10 people officially; I paid out to 26 people at the end of the campaign

So if you observe the latest results and compare it to my first try, notice I make 8 times more now? I guarantee you’re getting loads of ideas from this. ;-) Will write again when I get my next breakthrough!

ADV: Get A FREE WordPress Template From WooThemes.com!

I have just struck a deal with one of the team members behind WooThemes.com and I’ve got the permission to give away one of their PAID themes - the Cushy theme!

But only to the first 10 people!

Here’s a screen shot preview on the WordPress theme:

You can find out more about this theme here.

This is a PAID theme and if you wanted to get it, you need to pay at least $70.00 for Standard Use $150.00 for Developers’ access.

How To Win This WordPress Theme PAID FREE

I’ve struck this deal with WooThemes.com team so all you need to do is be one of the first 10 people to drop me an email at me [at] edmundloh [dot] com with the subject line “Cushy WooThemes!“. Include your:

- Full Name
- Email Address
- Your Current WordPress Blog URL

First come, first served. There’s no slogan or quiz going on, except that the premium WordPress themes go to the first 10 people with the fastest fingers. ;-)

Drop me an email with the above mention and if you are one of the first 10 people, you will get an email from me in the next 12-24 hours.

I will then forward your details to Dominique of WooThemes.com to create your account with them (which is the only small catch), and you will get Standard Use access to the Cushy Theme FREE, instead of forking out $70.00.

Winners will be announced soon so ACT NOW! :-)

More About WooThemes

WooThemes is awesome. Period.

In fact, the blog layout you are seeing right now originates from WooThemes.com. :-)

If you are looking for a fresh layout to use for your WordPress blog, I highly recommend looking over at the FREE and PAID themes at WooThemes.com. Unlike most WordPress templates out there, WooThemes templates are highly customizable - you can choose the available color schemes; you can even remove the credit in the footer of the layout.

UPDATE: 10 Winners!

Wow, this sure went fast! I got a lot of emails when I woke up the next morning - and congrats to the first 10 winners that emailed me!

1. Andre Arnett
2. Jerome Castaneda
3. Stanley Tang
4. Marian Krajkovic
5. Stevan Ong
6. Chan Cheng Leng
7. Hidayat Shariff
8. Alan Tan
9. June Ashley
10. Robert Wing

Dominique of WooThemes.com have already sent each of you an email with your login details. Check your Inbox! Again, congrats! :-)