A while back, I was almost tempted to pick up a copy of the QuickPayPro source code when it was released, since it is something I could use for a number of projects I’ve got currently and many more I am planning for the future.
When I saw that purchasers would have the right to resell the code, I decided to hold off and get it dirt cheap from one of them.
So, instead of paying $297.00 for the code, I got my copy yesterday for $2.50 from an Ebay seller. Yep, two dollars and fifty cents.
So here’s the lesson : when you read a sales letter for the latest hot piece of software or info product, stop yourself immediately when you see the words resale rights. 1) You can be assured that there will, in very short order, be way too many people selling at rock bottom prices for you to make your money back reselling. and 2) If you just want the product, you’ll be able to get it for pennies on the dollar if you’re willing to wait and search for a few minutes.
That’s not to say resale rights are always bad. I’ve made a good chunk of change from selling products I bought rights to… but they weren’t, and will never be, the overmarketed “hot products” that you’ll see most often. They’re little known, relatively unheard of niche products that only a few people have rights to.
And my final tip about buying digital products on Ebay.
Don’t bid twice.
At least 50% of the time, you’ll get the product at the price you bid, even if you lose the auction, through a “second chance” offer.