Setting Minimum Prices For Your Digital Product - What's The Real Truth?

ucanpijama

New Member
Hi Guys, I was doing a search for a particular product recently to see what kinds of prices people were selling it at. I needed something for an OTO for a project of mine and I had a product I thought was a good fit, but wanted to see what I should price it at. I used the DogPile search engine, and it found something from a yahoo search that turned up a site dedicated to selling virtually every digital product I've ever seen at around a buck. Even has a domain name describing it. That got me to thinking, if you create an original product and provide resell rights, how can you prevent people from selling the product for a buck? I don't want to get into the whole "discounting & devaluing" debate, because If the terms allow it, I don't see what the problem is, but can you actually set the price limits in the terms? I've heard both sides of the story. Some say you can legally set the minimum price in your terms and others say you can't. What's the real scoop? Anybody know? Craig You can if you sell PLR. You simply say that you require the customer sells the product at a minimum of $xx. I'm not sure the Supreme Court knows! Complex topic. But here are my general rules of thumb: 1. One cannot directly impose a mandatory minimum price, but 2. One can revoke a license to resell if a minimum price is breached. So you indirectly accomplish what you cannot directly do. If you sell resell rights you are really selling a contractual license for someone else to sell your copyrighted product. This is where having proper legal terms can be very important. You want to be able to revoke the resell license and be able to enforce your rights. However, as you know, when it comes to digital products, especially IM products, this can be extremely difficult to enforce. . Quote: Yeah, that's the beauty of PLR. You can create your own licenses, restrictions, allowed/disallowed things, etc. Quote: Quote:
 
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