I would like to cover as much as possible on how the platform works and if
it would be worth your time.
Clickbank is the largest affiliate-marketing network for digital products
like eBooks, software and membership sites in different categories. They
cater for Affiliates and Vendors. The platform handles credit card
processing, accounting and payouts.
Clickbank General Overview
There are two different sides to Clickbank. The one side is for Affiliate
marketers and the other for Vendors who like to promote their own products
through Clickbank.
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As a vendor, you can submit your products to the busy marketplace
that is browsed by affiliates and consumers. There are thousands
of affiliates currently that promotes Clickbank products. Many of
them are experienced Internet marketers, therefore you can put
your product in front of a huge audience.
Clickbank is the intermediary between you and the customer
and they willconfirm payments, process orders and handle customer
service.Clickbank takes a small fee for processing, but it is
much easier to work with them and avoid the process of opening a
merchant account to take orders online.
All you need to do is set up a sales page, download page, list
your price and the product will be available immediately for
others to view or promote. Clickbankmade it easier by adding
features that enable you to track where sales comes from, offer
recurring billing and set up a custom 2-tier commission structure.
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As an affiliate marketer, you can use the marketplace to find all
kinds of products that you want to
promote. Clickbank has products in virtually any niche
you can think of, from popular to new.
Vendors know the importance of marketing tools. They provide their
affiliates with the marketing materials that include the sales
letters, banners, and in some cases even the email marketing
campaign letters.
Clickbank products are one of the most profitable and
highest convertingplatforms in the online industry with a
good reputation. All products have a 60-day money back guarantee
that makes people more prone to purchase.
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The Marketplace
Although Clickbank has thousands of products to choose from, you have to keep in mind that you will obtain some high converting products with good quality, but also poor products with a low converting rate.
It is a good idea to take some time, so you can carefully select your product before you promote it. As affiliate marketers, we make a great effort when promoting a product. To make a decent number of sales you will probably need to set up advertising campaigns, build a custom site around your Clickbank product or do viral marketing. Nothing can be worse to have a product that does not convert. Allow me to give you a few pointers on how the statistics for each product works and how to choose the best one.
The Gravity Score
The gravity is a calculation that determines how many different affiliates had made a sale with this product in the past 12 weeks. This number can give you a good idea what kinds of products are popular and makes a good number of sales. Remember the high gravity score can also indicate a lot of competition. Make sure not to choose a product that has a gravity score of less than 50.
Clickbank pays out every second week. You will have the option to receive a check or direct transfer.
To receive the first commission payment you will have to pass two requirements:
Reach your payment threshold – This is the amount of money that you must have in your account before they will send your check or make a direct deposit. The payment threshold can be set from $10 up to $1,000,000. The default setting is $100.
You must meet the Customer Distribution Requirement – Clickbank will issue your first payment once you have made a minimum of 5 sales that use at least two of the following payment methods:
Clickbank offers International Direct Deposit of your account payments into certain international accounts at no extra charge. Countries included:
Although Clickbank has thousands of products to choose from, you have to keep in mind that you will obtain some high converting products with good quality, but also poor products with a low converting rate.
It is a good idea to take some time, so you can carefully select your product before you promote it. As affiliate marketers, we make a great effort when promoting a product. To make a decent number of sales you will probably need to set up advertising campaigns, build a custom site around your Clickbank product or do viral marketing. Nothing can be worse to have a product that does not convert. Allow me to give you a few pointers on how the statistics for each product works and how to choose the best one.
The Gravity Score
The gravity is a calculation that determines how many different affiliates had made a sale with this product in the past 12 weeks. This number can give you a good idea what kinds of products are popular and makes a good number of sales. Remember the high gravity score can also indicate a lot of competition. Make sure not to choose a product that has a gravity score of less than 50.
Other statistics for the product includes:
Initial $/sale – This is the average amount that an affiliate
will earn for each sale. This number also includes the sales tax,
refunds and chargeback’s.
Avg Rebill Total – This number will be shown if the Vendor
offers recurring billing. Products like subscriptions or memberships
that bill customers every month will show up under this statistic. This
does not include the initial sale amount.
Avg $/sale – This number is the same as the initial sale and is
for one-time purchases only.
Avg %/sale - This is the average commission rate earned for all
the sales of the vendor’s products, including re-bill, one-time
purchases and up sells.
Avg %/rebill – This will only show if the Vendor offers a
recurring billing product. It will show the average commission rate
earned on rebills.
All the information above will give you an idea of how much you will
make and how competitive it will be.
How to create your Clickbank Hop-link?
When you select a product that you want to promote all you have to do is
click the “promote” button and this will generate a link that contains
your referral tracking URL. You will use this link to promote the
product and receive a commission from the sale if someone purchases the
product or subscribes to the service.
Clickbank Analytics
You are presented with a full analytic dashboard that will give you
detailed statistics that include:
- Hops per day - By Vendor, tracking ID. or country.
- Order form impressions.
- Sales – Initial sales, Gross Sales, Rebill Sales, Net Sales, Refunds and Chargebacks.
- Subscriptions.
- Saved Reports.
Getting paid
Clickbank pays out every second week. You will have the option to receive a check or direct transfer.
To receive the first commission payment you will have to pass two requirements:
Reach your payment threshold – This is the amount of money that you must have in your account before they will send your check or make a direct deposit. The payment threshold can be set from $10 up to $1,000,000. The default setting is $100.
SEE ALSO:
How can people make money online?
You must meet the Customer Distribution Requirement – Clickbank will issue your first payment once you have made a minimum of 5 sales that use at least two of the following payment methods:
- American Express.
- Discover.
- ELV.
- JCB.
- Diners Club.
- Carte Bleue.
- Maestro.
- PayPal.
- MasterCard.
- Visa.
Clickbank offers International Direct Deposit of your account payments into certain international accounts at no extra charge. Countries included:
- Australia.
- Austria.
- Belgium.
- Canada.
- Germany.
- Hong Kong.
- India.
- Ireland.
- Mexico.
- The Netherlands.
- New Zealand.
- Singapore.
- Spain.
- Switzerland.
- United Kingdom.
Tip: After 90 days your paper check will become stale, then you will have to send it back and request a new one. Direct deposits do not have this limitation and you will receive payment within 2-4 days. I highly recommend this method or to sign up with Payoneer for free if you live in a foreign country that is not listed.
There is an easy way to get payments fast by using Payoneer. This is for the individuals like me that lives in the countries
that are not listed above.
Is Clickbank a Scam?
Clickbank itself is not a scam, but since it is the largest online
marketplace that is available to everyone it will attract the scammers
as well. The platform does not have a screening procedure or high
requirements that stops dishonest people from using the
service.
Clickbank itself has a good reputation and payments are always on
time. As an affiliate, it is your responsibility to do research before
you choose to promote a program to avoid disappointment with
chargebacks or customer complaints. As a Vendor, you should create a
product that will deliver quality to customers and marketing materials
to affiliates.
CLICK HERE TO GET STARTED
So Being a successful affiliate has been just awesome, but a
successful vendor is way better!
Clickbank makes it super easy to get your own product online and
literally puts it in front of thousands of affiliates that are skilled
enough to make tons of sales. Most people think that their only option
is to become an affiliate and promote the Vendor's product. If you
have skills or knowledge that others can benefit from - then why not
create your own product?
Thanks for reading my review on Clickbank. Feel free to leave your
opinions and feedback in the comment box.
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