When you have a system that works for building your online business, you can duplicate it over and over again. This is not a way to get rich quick, but it will increase your income steadily month after month. This makes more sense if you want a business that will continue to grow and bring you both passive and residual income.
One method is to research a niche that has hungry prospects that are ready and willing to purchase information. Then you can buy a private label rights, or PLR, eBook that you can resell on your own website. These eBook usually sell for less than ten dollars and also include a sales letter and graphics.
You need to know that these eBooks are good, but they are not excellent. You must take some time to edit them, adding chapters and rewriting some of the material. This will help ensure that you have a quality product for sale. Do not spend forever doing this. Instead, give yourself a time limit in order to make the changes and move on to the next step in the process.
Making changes to the sales letter will not take much time at all. You will most likely want to change the headline and a few other things, but this can be done in under an hour.
Finally, upload your sales letter to your hosting account. You want to send people to an opt-in page first, and from there they will be taken to the sales letter. You can help people to find your site by blogging about it, writing articles, and using Twitter and Facebook to invite them to find out more. Make a goal to set up a new private label rights product every month, and you will build a business that brings you residual income for years to come.
Source by Connie Ragen Green