I read in Joe Vitale’s book The E-Code about Yanik Silver, a multimillionaire who made his fortune by selling an ebook with Resale Rights (RR). I thought this was quite a revolutionary concept since authors usually do not share royalties or profits with readers.
Basically, Yanik sold an ebook on Internet Marketing, and inserted affiliate links IN the ebook. Buyers of this ebook are then allowed to RESELL, as is, the ebook to people and pocket 100% of the profits. Yanik is losing money on ebook sales, yet he is making money from the traffic to his websites since as more people buy the ebook, they click on his affiliate links in the ebook.
What are your thoughts on this Resale Rights pubiishing model? Write your comments below!