License terms in a nutshell:
Let us briefly explain what you are allowed to do with each of the licenses. The terms below apply for most of the products, however, particular products could have some restrictions, so you must check product license supplied with each product.
Resell rights (RR):
[YES] you can sell the main product and keep the 100% profits of the sale
[YES] you can put your name on the sales letter
[NO] you cannot modify any part of the products
[NO] you cannot claim the product as your own
[NO] you cannot put your name as the author
[NO] you cannot sell resell rights to the product, only the main product (unless otherwise stated in the license)
Master Resell rights (MRR):
[YES] you can sell the main product and keep the 100% profits of the sale
[YES] you can put your name on the sales letter
[YES] you can sell resell rights to the product
[NO] you cannot modify any part of the products
[NO] you cannot claim the product as your own
[NO] you cannot put your name as the author
[NO] you cannot sell master resell rights to the product, only the main product and/or basic resell rights (unless otherwise stated in the license)
Private label rights (PLR):
[YES] you can sell the main product and keep the 100% profits of the sale
[YES] you can put your name on the sales letter
[YES] you can claim the product as your own
[YES] you can put your name as the author
[YES] you can modify any part of the product (edit content, sales letter, ecover, graphics, etc.)
[YES] you can sell resell rights to the product
[YES] you can sell master resell rights to the product
*Note: Usually you cannot sell private label rights to the product, but you should check the actual license since on some of the products it’s allowed.
Giveaway rights:
[YES] you can giveaway these products to build a list or as a gift.
Other giveaway terms vary from product to product so you must check the actual license.
*Note: Most Resell Rights products can also be given away, so you should consider them when looking for a giveaway product. Do check the actual license to make sure you’re not breaking any terms.
Personal use rights:
[YES] you can use this product for your own personal use
[NO] you cannot sell personal use products
There are great ebooks and tutorials for personal use which you can use to learn from them.