Posted by admin | Posted in clickbank tips | Posted on 22-07-2009
Tags: clickbank com, clickbank ebook, clickbank marketplace, clickbank tutorial, clickbank-tools, how to use Clickbank, make money clickbank
What and why Clickbank
There’s quite a reason why Clickbank is so popular, perhaps the first affiliate network for most people when first start. Being an affiliate marketer myself, Clickbank is one of the earliest affiliate network I ever joined. For a few reasons:
- Most new marketers, including me back then start internet business by reading eBooks and at the same time lots of famous eBooks sold by experts like Ewen Chia, Mike Filsaime, Chris X and Andrew Fox are based on affiliate marketing with Clickbank.
- Clickbank is one of the largest, oldest network with over 100,000 affiliates. So many affiliates, so many people talk about it, making Clickbank is known better than other network like RegNow.
- Easy to start and easy to sell. You can register within minutes and start making money.
- The number one payment processor for eBook sellers after Paypal.
How to start selling products at Clickbank
These are a few tips on how to make money as Clickbank affiliates:
- Focus on just one traffic strategy per month. Don’t rush and try lots of them at once.
- Forum marketing does work, but it will generate passive income.
- If you want consistent income, with at least one sale or more per day, you should focus on search engine traffic only.
- Increase the sales rate of your visitors by growing your mailing list. If you don’t collect visitor’s email, 98% of them will leave your website without buying anything. However, if you collect emails, at least 10% of them will convert into customers. Even better, they might buy from you for lifetime.
- Most of Clickbank products are not worth having, to be honest. Which is why, I strongly recommend that you buy the product itself before recommending to others. If you don’t like it, request for refund.
- Clickbank gravity might be a good indicator of quality product. High gravity means lots of unique affiliates able to sell the products in the past eight weeks.
Other factors you might want to consider
Despite what you might read in lots of eBook, Clickbank might not a good way to make money. It depends on the product. I found that lots of quality internet marketing products are not necessarily sold via Clickbank. For example like Seven Figure Code from Mike Filsaime, IM Niche Formula – these products are sold via Paydotcom, a competitor to Clickbank. While membership sites like Niche Profit Classroom and Wealthy Affiliate have their own affiliate program.
These are reasons why Clickbank sucks:
- You need to wait months before enjoying your hard earned cash. Especially if you are living outside USA where the only payment method is check. Pretty tough if you use pay-per-click as promotion strategy.
- Read their affiliate FAQs properly. To receive your check, not only your earnings must reach the minimum $10, but also the sales must be from five different credit cards, with at least one Mastercard and another one is VISA and none of the five are from Paypal.
- Most people know about Clickbank affiliate program. Especially when promoting internet marketing related products. So, instead of buying from your link, they prefer to click their own affiliate link and get rebate from it.
- The refund rate is high, even for product with high gravity. Of course, you might think that selling expensive products, which the price is over $100 could make you lots of money, but think again. What if the buyer ask for refund within 30 days? The higher product price, the more chances customers would ask for refund.
How to counter these problems
These are some suggestions. It won’t eliminate all above problems but at least you can reduce them:
- If you are living in the certain countries, use direct deposit as payment method, instead of check.
- Avoid promoting internet marketing related products, especially if you use pay-per-click. Usually link hijacking would happen if the buyer is also an affiliate. Otherwise he won’t notice.
- Avoid promoting internet marketing products using paid traffic. Especially for product name keywords. Commission theft tends to be higher in this niche compared to health and fitness and hobbies.
- Give the buyer a reason why he must buy from your link. For example, offer them special bonus in exchange for their purchase.
- Cloak your affiliate link. There are lots of ways to do this. The most common is by using iframe techniques. When people click your link, they will see http://yourwebsite.com/recommends instead of http://productname.com/?hop=yournickname.
Click here to download free Clickbank guide. No sign up required.
