VPT Solution 2 by Ed Walters

25th March 2009

Ramp Up Your Profits With Virtual Property Member Rights

Hi Friend,

Yesterday you were probably wondering where on earth your VPT newsletter had got to. Well, don’t panic, I didn’t get a memory loss attack and forget which day of the week it was. We’ve actually decided to publish our eletter on a Wednesday instead of a Tuesday because we’ve noticed many other companies seem to send out information on Tuesdays. 

At Virtual Property Tycoon we, as always, like to be different and, in order that our quality newsletter doesn’t get mixed up with all the other stuff filling up your inbox, as of today, Wednesday will be the day to keep your eyes peeled.

Okay let’s crack on. This week I want to let you in on a new business concept I’ve come up with that is really, really exciting. Trust me you’re going to love the simplicity of this one.

In today’s eletter I’ll explain to you what Virtual Property Member Right is all about and give you some ideas of how you can get into it. Using these techniques you can not only ramp up your Virtual Property profits but you can also generate regular monthly income.
 
Virtual Property Member Rights - Monthly Pay Checks In The Bank

Let me start by explaining how I came up with this
concept. Then I’ll give you an actual business idea
that you can get started with today and go and make
some cash with.
 
Member sites are one of, if not THE most lucrative
industries to get into online. Earning a residual income
and knowing you’ve got a regular payment coming in every month is very reassuring.
 
I had a member site running for two years which
people paid me a twenty quid a month subscription for. Included on the site was a series of video seminars I had created teaching people how to play the guitar. Now, I’ll be honest with you, I love the sound of guitar but when it comes to playing it I wouldn’t even know which end to hold.

So how did I create the seminars? You’ve guessed it, I sourced a book on guitar playing from the public domain (i.e a book without copyright) then created some powerpoint slides which I turned it into a video seminar using Camtasia - available from www.techsmith.com

Then I noticed the site hadn’t been updated for a year, yet people were still paying me. Why would they do that? Surely the whole reason someone stays on as a member of a membership site is to get new content each month.
 
That’s true. But Virtual Property Member Rights is a whole new ball game...
 
Now I wish I could tell you stories of how I invented this
new idea but the truth is, just like so many great ideas, I stumbled upon it purely by accident.

When I realised what was happening I emailed the few remaining members and explained that the site was now outdated and they should cancel their subscription. Of course, I also offered to refund them what they’d paid since the site had last been updated.
 
To my surprise I received replies from my members saying they weren’t interested in updated content. They were only interested in the video seminars I provided on my site. Why? Because they were using them to give away as a gift from their own web sites which was helping them to build their email lists.

As one of the subscribers said, “I’m making a lot more from my expanding email list than the twenty quid I’m paying you each month Ed. Therefore, I’ve remained a member so I can continue to give your videos away as a complimentary gift from my own site.”

Suddenly, casting modesty aside here, it dawned on me just how much of a genius I had been without even realising it!
 
You see what I had done, all be it inadvertently, was to give my subscribers the right or license to use my video seminars. They could use this to give away from their web sites and build their email list for as long as they were a member of my site. When they cancelled, the license would be revoked and they would no longer be able to give away the videos.
 
This idea hit me like a freight train. What had started
out as a member site with content still had subscribers paying two and a half years later because of one simple video seminar I had let them have a license to.
 
I started thinking about this whole virtual property member rights idea. The more I thought about it, the more profitable I realised it could be.

Think about this for a second. If you had just fifty people
paying you twenty quid a month you’d make twelve grand a year. Think about how you much you would be earning with over one hundred subscribers and a monthly subscription of one hundred quid!

That’s a lot of money.

Time to dig a little deeper…

You could start a normal membership site, say in a niche market like Playing Golf, and add articles and content each month and charge ten dollars a month per subscriber.
 
You could do that but it would take a long while to
make any serious cash. I only get properly inspired when I know I’m going to make a killing so I put my thinking cap on again...
 
I soon came up with Virtual Property Member Rights. If you put this bad boy into action you can generate some major money.

An Instant Business Idea using Virtual Property Member Rights – Monthly Product Programs
 
There are literally millions of web sites in the self help niche market. There are also thousands of books in the public domain (books without copyright) on self help - books that the majority of these site owners won’t even know exist. (A library of these self help books is included in the VPT Deluxe version by the way, as well as two books with the VPT complimentary report).
 
Each month you grab one of these self help books from
the public domain and read it out into a basic microphone that you can get from a computer store, or use software such as ‘text aloud’ which you can get from www.nextup.com . You then turn the audio into a video series using Microsoft PowerPoint (also available from a computer store if you haven’t got it already).
 
Now you could just sell this yourself. But it would take a
lot of work and a lot of marketing. What I would do is create a member site. Using sites like www.memberstar.com you can create a membership site without any technical knowledge. At your member site people pay you ninety dollars a month for a license to sell that self help
program. Each month you give them a new self help
program.

You could even have their sales letters written and sell the resell rights to them for one hundred and fifty dollars a month.
 
Have the audio or video series burnt onto CD or DVD and sell resell rights to them for three hundred dollars a month.
 
Why would people be willing to pay you that much? It’s
a lot of money yes. But if they’re then selling the audio
program for, say, forty dollars, all they have to do is sell
five in a month and they’re in profit.
 
People go nuts for this kind of turnkey opportunity. And
the fact of the matter is you could introduce virtual property member rights to any product you create in any niche market on the planet.
 
It Gets Better...
 
Remember my subscribers not wanting to cancel in
case I revoked their licence? Yours won’t want to cancel
either.
 
If you have sold a license for one of your virtual property products to someone and they’re selling your product on for more than what they are paying you for your license, why would they stop?
 
And that’s the key to virtual property member rights. If you create (or hire someone else to create) a license to something that helps people grow their business they will be willing to pay you big money every month - and stay with you for years.
 
I hope you’re as excited as I am about virtual property member rights. I’m currently working on my own VP member rights project which I will keep you updated with.

To give you a helping hand I’ll be giving you a great complimentary book that’s already been converted into text document and audio format in the next week or two. Make sure you look out for my next newsletter which from now on will be sent out every Wednesday.

Until next week,

Ed

P.S. Not making a killing from virtual property yet? Check out the full course at:

www.virtualpropertytycoon.com

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