Product Licensing

Hey, I am a relatively new Premium member of WA and I've recently completed course three. Now I'm not entirely sure if this is included in any raining course, nevertheless I'd like to bring this up -- product licensing.

Product licensing in hind-sight is extremely more beneficial and efficient than that of being an affiliate anywhere. The percentage of commissions are higher, but it would take much more work to create a professional and a trustworthy website. Basically from my knowledge, when you license a product you gain the ownership of the product to sell, yet the money is sent straight to the vendors and it is up to them to pay you (if there is no other more intelligent system in place).

So for example, if WA sold and shipped products, and they gave permission to me to license their items on a website (say I made a website extremely similar to Amazon), customers would now have the luxury of purchasing products straight from my website.

I'd very much appreciate a course on product licensing is there already isn't one... and if I'm wrong about the various pros please correct me! Thanks!