Getting Rich With Clickbank
68Clickbank is a networking bridge between merchants and affiliates.Whether you are an internet shopper, product owner or an affiliate interested in making big bucks online, you can’t ignore Clickbank because ClickBank has the most active marketplace on internet. If you are a product owner, then your chances of profiting from Clickbank are even greater as you can leverage clickbank's marketplace to make tons of money and all it will cost you is fifty bucks out of your pocket.
Sell Products
Profiting from ClickBank as a Product owner
As a product owner ,you can get your product listed at CB marketplace ar $50 which is the only out of pocket expense you will make towards CB before your product generates any profit.All you need is a website with your product uploaded called the Product Delivery page.Once you have the website in place , visit the ''Sell Products'' page and read through the benefits of becoming a publisher.Click on the Signup button and fill in the form to get started. You can use the nickname you register with to promote your own products or other products listed in the marketplace.
By listing your product at CB you are placing it before a huge group of active affiliates many of whom earn hundreds of thousands of dollars every month marketing CB products.
To make sure that your product generates enough interest keep the affiliate commission high. Clickbank allows you to pay an affiliate commission between 50-75%.My suggestion is to start with an affiliate commission of 70% for your product. This is the amount you will pay an affiliate when he generates a sale through his affiliate site.So,if your product is priced at $50 and you have selected a %/sale of 70% then you will pay an affiliate $35 for a sale he generates. You can always bring down the commission percentage once your product gets popular.
The affiliates promoting your product don’t just make you money for free but also form a customer base for all your future products provided your products are credible and useful.
Another very important advantage of being a product owner is that with a digital product you don’t have to worry about shipping and handling them. They are promoted and downloaded on purchase from the product delivery page and instantly available to your customers.
Another advantage of being a clickbank publisher is that you never have to hire any staff or buy softwares for tracking your sales or paying your affiliates. The Clickbank tracking system automatically tracks the sales for every affiliate site promoting them and makes payments to affiliates every fifteen days.That is another reason why clickbank is so popular.Affiliates never have to fear delayed payments or no payments for sales generated through their affiliate urls unlike other third party sites where the tracking mechanism and payments are often flawed.
Make Money as Affiliate from ClickBank
If you don’t have your own product ,you can still make handsome money from CB promoting hot products from CB marketplace as an affiliate.Your first job is to visit the CB marketplace .Once there , select a category of your interest.I have selected Google Adwords as an example.You can find the popular products for Google Adwords from the CB marketplace listed on the page. The first product is Get Google Pay Per Click Ads Free.Just under the product is the $/sale ($37.63).This is the amount an affiliate gets paid for each sale of this product.Next is the %/sale ($75) This is the percentage of the product price that an affiliate earns from every sale.So if the %/sale for this product is 75% and the product is priced at $50 ,then an affiliate will earn $37.50 for one sale from his affiliate link.If you join as a product owner then I suggest you keep the %/sale between 65-75%.
Next is the referred percentage which is a measure of the percentage of affiliates promoting the product.A high referred percentage means that affiliates are promoting this product and the merchant is trust worthy.
Apart from having it’s own merchant account ,CB also has it's paypal account. So, if you live in a country not listed in paypal ,you can still accept payments from customers via paypal and get paid by clickbank twice every month through cheques.No payment processors are involved in getting paid from Clickbank.
So,as an affiliate, I will choose the products that have a lucrative percentage per sale and pay at least $25/sale.This is to make sure that I stay in profit even if the traffic I send to my affiliate link has a low conversion rate.Conversion rate is the number of sales generated per 100 visitors visiting the webpage.So, if you get 3 sales from every 60 visits to your website, then your conversion rate will be 3 divided by 60 multiplied by 100 i.e 5% which is fairly high.
Conversion Rate = Number of Sales X100 / Unique Visitors
Why buy from Clickbank ?
Clickbanks refund policy favors the buyer more than the affiliates or product owners.This is to prevent scammers from running away with your hard earned money as clickbank offers their buyers an eight week period from the date of buying a product for claiming refunds.
Downside of Clickbank
Refunds – Often, the buyers advantage becomes the sellers disadvantage. With an eight weeks window for refunds some customers might buy a product with the intention of getting a refund .As a product owner you are at the receiving end , but this remains a very small group of people who eventually get weeded out.To guard the merchant's interest ,Clickbank bans a customer with high refund claims from making any purchases through their site. A buyer can't use a credit card with which he has made three consecutive refund claimsfor clickbank products.
Processing Fee- The processing fees at clickbank is 7.5% + $1 per transaction.This may apparently seem high to some , but with the added benefits of state of the art tracking system, the chance of showcasing your products to a huge base of savvy affiliates and automatic timely payments made to affiliates on a biweekly basis, I think it’s a very small cost to pay to Clickbank , especially when it’s not an out of pocket expense.It's like outsourcing a headache to someone who knows how to manage it.
If you have a digital product that could help people find a solution to a problem , then ClickBank is the place to get it the exposure it needs.
To learn more about affiliate marketing visit Online Wealth Vault
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Comments
Great article Bluewings! Clickbank sounds so fruitful and yet so easy. If I had just more free time on hand I would love to try it as well. But I will eventually, because I know that everything you say, works a thousand fold and all in positive ways!!! (^^,)
Thanks for the article, Bluewings. 50 bucks for entrance fee seems steep... besides, I can't make use of this yet since I have no products to sell. I shall KIV this, thanks. :D
As usual, great info bluewings. I always wondered about how it is done. But as lord wizard says 50$ seems a little more than what most people can afford at the start of something new. Is it necessary to have one's own website to do it? Or will a blog serve the purpose? Perhaps I will try my hand at it later on. Thank you.
When you try it,pm me if you need help ,Shayne;-)
Thanks for the kind words,Tei :-) Whenever you have time you know where to go if you need help,lol.
You are welcome ,lw :-) I too wish they would do away with the fees.
Thanks,Sunsix.Yep,getting started without a monetary investment would be better. The product owners do need a website ,but an affiliate doesn't need a site. He can make that money with a single sale promoting a hot product from the marketplace and then proceed to join as a product owner.I still think they should reduce the fees for joining as a product owner.Perhaps they do it so we give serious thoughts to the product we upload.
Wow, this is a possibility which someone with a digital product could stand to benefit from. I myself have never done well with online sales, I just can't seem to get that interested in it. But this is great information. Thanks, bluewings, for another thoughtful well-written article!
As everyone before has said good information bluewings. I have heard quite a bit about CB, but never really gone to find out more about them. I might go check them out and poke around (as an affiliate) and see what I could add to my sites ;), Im always looking for new ways to generate cash from my sites.
hi! nice interesting stuff.. will definitely checkit when i get some time!! thanks for the info
My pleasure ,Creme.Yeah,I know how frightening selling products can be ,lol.That's why I prefer uploading an informative PDF E-book to be promoted by the savvy affiliates.I have had success with adwords though.
Yes,T,a site with good traffic can be monetized with affiliate links ,especially when it's related to the content on the site.
You are welcome,Monk.I too wish we had more hours in a day,lol.
Great hub! I have tried promoting clickbank products with no luck so far. Thanks for the information though
Glad you found it useful. If you are using paid marketing , then google adwords is the best..Although there is a learning curve with adwords , you can get results using free marketing techniques as well. Try article marketing ( also known as bum marketing ) for the product you are promoting. I have very few hubs here , but they still get some traffic.Another good site for bum marketing is squidoo.It's easier to rank well on google if you are using squidoo lens.
Hey if I have my own website i can sell click bank products on my website right??? and if yes then how does that work..whats the procedure??? please help
Hey Jack. Just go to the clickbank homepage and signup. Once you have signed up at clickbank , you can create a hoplink of the product you want to promote using your username and use your website as your landing page to direct traffic to your affiliate page.When sales are generated , your account automatically gets credited with the commissions and you are paid by checks from Clickbank every two weeks.
very informative and impressive. There is one thing to consider to be able to be paid you need 5 purchase with the rule that that purchase had to be from 1 master credit card and 1 visa credit card.
That's right ,CB formula. To qualify for the first check from CB , we need 5 sales from separate credit cards with at least 1 mastercard and 1 visa sale and if the purchases are through paypal and not cc then they won't be counted in those five.Thanks for adding it! Another point that I missed out is that a CB account that has already got a sale must get the next sale within 90 days to avoid getting charged $1 per pay period ( 15 days ) after the 90 days period counting from the date of the last sale.
Bluewings,
I'd like to know more about your AdWords experiences. And, your experiences with Clickbank. Can you write a hub discussing those a little more? Here's an experiment, or challenge I just ran with AdWords:
Affiliate Marketing: Can a sale be made in 24 hours?
http://hubpages.com/hub/-Affiliate-Marketing-exper
Loopster
I am reading your hub right now.Sure, I will try to write a hub about marketing on adwords with clickbank products.
That's a dream of us (the most users) of Internet, who are not financially successful, yet. Very nice.
Thanks, Solar. Yeah, one of the byproducts of financial success is that it lets people focus on what really fascinates them and that's when they are the most effective.
I have no idea of creating a website,so how can i earn without having a website. plz help.
Hi Sheetal. To be honest, there are several ways you can earn from affiliate marketing without having to create a website.For example , you can create landing pages on blogs hosted on popular blogging platforms like wordpress and blogger , but if you want something even quicker , then you can try direct linking to the affiliate url by advertising your product on Google adwords.Once you are certain that there is profit to be made in the niche and with the product , you can create landing pages.Cheers.
Another way in increase sales with click bank is really simple and I have found it works for me. On every email I send, I add my links. Email travels swiftly and people click links out of curiosity. Also, you have to know how to beat adwords to get your product at the top of google.
The email strategy does indeed work, but I prefer to do it only with opt-in emails so that the emails don't get labelled as spam.Yes, if you are good at adwords ,then it's a great bonus with the promotion of the products within your niche.May I also add that ,unlike in seo , where you have to know search engine optimization techniques to stay at or around the top of the search engine results for your chosen keywords, with adwords it's relatively easier to stay on the front page. Granted that it needs good knowledge of adwords, but with some practice and effective study ,adwords can be highly rewarding.Not that the free techniques aren't.They just take a bit more time and effort.
I want to know how to promote via PPC such as adwords do I have to make landing page first or can I make direct link ?
Hey, Adri.Looks like you have already got yourself a landing page.For promoting with adwords, a well defined landing page works better than a generic affiliate link. When I say well defined , I mean the content and the offer on your landing page must be relevant to your ad copy, keywords you bid on , product etc.It's actually better to test your lp for free traffic before you dive into ppc.However, if you "know" your target audience well and know that your offer converts well, then ppc is the way to go.
Cheers
how can you make out for the mimimum number of credit cards and dormant account policy by clickbank
You mean the qualification to receive your first check from CB as an affiliate? Well, you receive your first check after you have got five sales from cc.That's not a problem.As for the dormant account, that only comes into play if you don't get any sales for 90 days in continuation , after which you are charged $1 per pay period,'if' you have a positive balance.However, if this happens after you have qualified for the first check, you can always lower the minimum payout amount and get a check mailed before it's 90 days.
Clickbank
Good article
Hi bluewings, great article. I have just put my first product on click bank but am finding myself buried way down in the marketplace. What kind of things can I do to help bring my product forward a bit in the marketplace category?
Hi Don. A quick way to climb up the ranks is to increase the gravity of your product. The basic steps are to provide as much help to your affiliates to market your product as you can.But you can do much more. Here's a thread in the clickbank success forum where you can find many helpful suggestions from Damian and others :http://clickbanksuccessforum.com/forum/viewtopic.p Cheers






















mskzalameda says:
2 years ago
ah, so this is what you are talking about. better try this for all that you recommend to me really works! thanks Vik! =)