WHAT MAKES THE “PARTNER LICENSING MODEL” DIFFERENT from other models like affiliate marketing or bizop offers?
I’m glad you asked!
If you read the previous post, you know licensing your business, offer, or coaching program is a GREAT way to add $25k, $50k, even up to $250k to your revenue for EACH license you sell.
You may be less clear on how the “Partner Licensing Model” is different from affiliate marketing, “bizop”, or other forms of licensing.
In the video below you’ll find an in-depth explanation I made for the Nothing Held Back community, and you can also scroll down further for a quick text-based overview.
A good Partner Licensing Program will give licensees EIGHT powerful elements that make it super-simple to launch their own successful business or offer.
EIGHT ELEMENTS OF A PARTNER LICENSING PROGRAM
1 – A winning brand to leverage
2 – Proven systems to follow
3 – Ready-made assets to use
4 – Great products to sell/remix
5 – Personal training
6 – High-quality tools
7 – Ongoing support
8 – Freedom to do as they wish (within reason)
The other models that involve some sort of “permission” (like PLR products, affiliate marketing programs, bizops, or “Big Box” franchises) include SOME but not all of these eight elements.
By the way, if you have questions after you watching the video, feel free to schedule a complimentary licensing consultation, and I’ll be happy to explore options with you!
See you in the next post.
– Phillip