What You Should Do When Looking For E-book Resale Rights
E-book is the electronic incarnation of a conventionally printed book. The readers require special electronic devices like personal computers for e-book reading. E-books are produced in more than 25 different formats and it's the publisher's choice that matters. The issue of which format is best is still being actively debated with no resolution in sight in the near future.
As with all new products or concepts, e-books come with their advantages and disadvantages. Advantages include the minimal space required to store books. The editions can be offered indefinitely as e-books can be easily replicated. Font size can be adjusted to suit the reader's comfort level. Authors can earn royalty for an indefinite period. E-books can be read in the dark. E-books can be read in hands free manner. Copies can be made at no extra cost. Cost of sales is considerably lower and almost no distribution network required.
Amongst the many disadvantages is the requirement to have a specialized device to read e-books also e-books can't be read in bright sunlight. Unlike physical books, ownership cannot be transferred easily.
There are three different types of resell rights
Simple resale rights.
Master resale rights.
Private label rights.
All books don't come with the same rights - they may come with any of the above rights.
E-books with simple resale rights are cheap and no alterations are allowed, also the books can't be claimed as your own. The only benefit is that since the books are cheap, inventory can be increased and profit can be booked on higher volume of sales. However, marketing strategies have to be innovative and well thought of. The creator of the e-book has the right to change the content, price, or just discontinue the sales.
Master resale rights are more flexible and the reseller can set the price at his/her own discretion and also display the e-book on the reseller's sales page. The reseller gets the full price of the book unlike in the regular rights, where only a percentage of the price is passed on to the reseller.
Private label right is the most flexible aspect of an e-book. The creators cannot limit the price and the source files are also included in the private label rights. Alterations to the content are permissible and converting the content into something new is also permissible.
Maximizing profit will require you to research the demand for the e-book, number of competitors in the field, and the amount of effort and time you are ready to put into devising a marketing strategy, creating your own website, changing the product to suit today's needs before choosing the type of resale rights.
