I'm releasing a 1000-article PLR pack in about 6 weeks. I've got my domain name and site, and am just finishing the articles so they can be proofread and formatted properly (I write them in Word so I can spot mistakes more easily, and then put them in Notepad). I know I should limit the number of buyers to keep the exclusivity quotient high. Do you think 500 is too high a number? My thought on setting the limit at 500 is that, with 1000 articles in the pack, not everyone is going to be using them all. If I was selling 50 articles in only one niche, I'd probably limit it to 50 or 100 buyers because there's a good chance that all of them would use at least some of the articles. With 1000 in the pack, representing dozens of niches, different people will be using different articles. As a side note, these are PLR articles I have written myself. They are brand new, and have never before been sold.
If you want the best bang for your buck, release niche packs. Think about it. Why would I (or someone else) buy all those articles? If I need content about pets, I won't care that there's 991 articles about something else. Yes, there's a group of people who just buy anything, but their purchasing dollars are dwarfed by those looking for specificity. Also, those "bulk buyers" tend to want stuff that well beyond cheap. If I had $25 and needed content about pets, do you think I'd go buy a pet PLR package from someone or spend money on your stuff? And if I were to be persuaded to purchase your package, do you think I'd be willing to spend more, less or the same amount?
I have some niche packs available as well and I am limiting the sales of those to 100 people. I was just wondering about the limit for the bigger pack because there are a lot of people with multiple streams of income from different niches who could use articles on a wide variety of topics.
Niche packs are a great idea. Even if all of your articles are of the same niche tyou can release them as pack1 pack2. It is much easier to sell small packs to 100rather than larger article packs to 500 ppl.
Small packs have 10-20 articles. You'll do a lot better if you sell in smaller packs than if you sold one huge pack. Think about this: You can price a 10 article pack at $10 ($1/article) but you can't sell a 1000 article pack at the same rate. Content buyers seem to have a set price that they're willing to spend on articles and that price doesn't change just because you offer them more content. If the consensus is that $20 is a good price to pay for PLR, it doesn't matter much if it's 50 articles or 1000 articles, buyers won't budge much from that price. So, it's in your best interest to maximize what you can make within the range that buyers are willing to spend. That said, you'll have a hard time finding buyers to pay a profitable price for 1000 articles. You might get $50 for 1000 articles (and that's being extremely generous). If you're able to get 500 buyers at that rate, you'll make a decent amount of money. The hard part is getting 500 buyers at that rate. You can make the same amount of money by breaking up the articles into packs of 10 and selling each pack for $5 to 50 people. That's just one way. There's quite a few other ways you could do it.
I think 20 articles is reasonable, and as mentioned earlier, then I can label them as "Pets 1," "Pets 2," etc. With 1000 articles, I have enough to put together dozens of small packs of 20.
You can start a PLR membership site as well and provide monthly content. Or you could provide an article per day. with thousand articles that would mean approx 3 years of content. In the end its upto you on how to proceed further. Just make sure that you do not sell 1000 as a package. ARonald
One article a day is an interesting idea too. I think I might stick to offering small packages - offering 1 per day might not hold the interest of people looking for articles in the same niche. If I send all pet articles in succession, for example, people who want other niches will be disappointed, and if I break them up, people who want all articles in one niche will be disappointed.
Limiting PLR is a great idea, but I would base the limit on how much profit I wanted to make out of the project. Figure your avg word count x the number of articles. Divide the total word count with how much you want to pay yourself per word. Once you've figured how much you want total, divide that by the number of sales you need to make. I like the idea of niche packs to, I think if the package has a really well defined niche the buyers will be able to see what they can do with the content before getting it.
I never thought of that pricing method; thank you for the suggestion. I do want to limit it out of consideration for buyers, but of course I don't want to lose money either.