Here is the answer: Yes, with a sometimes no. But that takes explanation.
First, what makes Clickbank such a brilliant idea is that it eliminates the gate-keepers who stand in the way of folks publishing their books, software or services. These gate-keepers are traditionally known as book and software publishers. And even worse the gate-keepers take the lion’s share of profit. Clickbank has a fairly populist approach. They let a good majority of products into the Clickbank market place. They do ban certain types of sites, but for the most part it is an open, free-market service. This is an inherently good thing. It’s really like how a democracy should work. And all democracy is built on tolerance. If you want a free exchange of commerce and ideas you must tolerate junk and bad ideas along with the good and great.
Furthermore, like a democracy there is a form of voting and that is the refund rate. If a product’s refund rate climbs too high Clickbank boots the product from the marketplace. So essentially the Clickbank customers are in charge of deciding which products rise to the top and which products sink to the bottom. That is a true free-market democracy at work with very little regulation, but enough to keep things fairly balanced.
So Clickbank itself is a highly legit service. It’s a fantastic service for publishers, affiliates and customers.
Where it falls into the grey zone is that are blatant scam products on Clickbank. Some of them even becomes bestsellers (for a while, at least). But there is no way Clickbank can check and vet every product before it enters the marketplace. First of all they don’t have the expertise in every niche to weight the validity of every product. Again, they take the free-market approach and let the market decide if the product is good or not. And this is a good thing. If they censored upfront and gate-keeped they would be just like any other big, overgrown Publishing Corporation… There would be too much red tape for publishers to cut through to get published.
But what really makes Clickbank a legit service is that they provide refunds to customers. You have sixty days to return a product you don’t like and you can return it for any reason. So there is a safety-net in place.
As a full-time Clickbank affiliate I purchase products all the time through Clickbank and I do so worry free, because I know if the product is a scam or sub-standard all I have to do is contact Clickbank and a refund is immediately issued. So there you go, whether you’re an affiliate, customer or publisher you can rest assured that Clickbank is a legit service.
Find the hottest most profitable Clickbank Products using CBengine– Find Clickbank Bestsellers. You can get mall scripts, ads and comprehensive analysis on every product available in the marketplace.
Author: Sarah Celeste
Article Source: EzineArticles.com
Did you know you can use Clickbank to make money even if you don’t have a website? If you’re serious about making real money online then Clickbank is the ideal marketplace for you.
There are so many online business opportunities available for people serious about making money online, but none give you the scope and freedom to build a hugely profitable business they way Clickbank can.
Not only is it possible to set up your online business quickly and easily, but you can automate the entire process so that you could be making money even while you sleep.
In order for you to make money with Clickbank, you won’t need to spend huge amounts of money to get started. In fact, you can create a free account right now and get started making money within minutes.
Let’s look at how this is possible:
How Can I Make Money With Clickbank?
Clickbank is an electronic marketplace, showcasing more than 10,000 vendors all selling digitally based products to customers from all over the world. Those vendors will happily pay you an affiliate fee for every customer you bring to them.
Your affiliate payments are paid twice a month either by check or you can receive payment right into your bank account, so you could easily generate a stable, regular income quickly and easily.
How Do I Make Money With Clickbank Without My Own Website?
You don’t need to spend time and money creating your own website if you don’t want to. Your job is simply to find the right products that convert well and pay highly, then you simply introduce customers to those vendors.
Each sale is tracked using your own unique affiliate tracking link, so the owners of each product know exactly who receives that affiliate payment every time a sale is made. Clickbank handles all the transactions for you. At the end of the pay period they send you your payment. It really is that simple.
How Do I Find The Right Products?
There are more than 10,000 vendors to choose from and in many cases, those vendors have several different products available. The trick is knowing how to choose the most profitable products that convert visitors into sales really well.
The easiest way to learn to find the right products that actually increase your profits is to learn from people who already know exactly how to make money with Clickbank.
Will I Really Make Money With Clickbank?
Anyone can open a free account with Clickbank at any time, but it does take a bit of knowledge of how their marketplace works and how to leverage their products to ensure your profits.
If you follow a clearly written blueprint that’s been created specifically to show you how to succeed with Clickbank, you’ll be following a successful money making method that could help you make enough profit to quit your job and change your life forever.
Eric Stein is a marketer for a website that explains how to Make Money Clickbank [http://make-money-clickbank.com]. He has been getting paid by Clickbank for over 10 years now, checkout his website: [http://make-money-clickbank.com]
Author: Eric Stein
Article Source: EzineArticles.com
Sponsored by: Best HGH Supplement
Everybody wants to know which Clickbank products to promote! Ain’t this the $64,000 question? To begin to understand the most profitable Clickbank products to promote, you first need to understand a little about how Clickbank groups their products and how they are ranked. Clickbank basically has four factors by which they organize the products in their database.
% Earned Per Sale. This is the average commission earned per affiliate per referred sale.
$ Earned Per Sale. This is the average net amount earned per affiliate per referred sale. This figure is affected by refunds, chargebacks etc. Hence, it is Net.
% Referred. This is simply the percentage of the Publisher’s sales that are referred by affiliates.
Gravity. This is the number of unique affiliates that made a commission by referring a customer to a publisher’s product and the customer purchasing the product. Clickbank lists it not as an actual number but as a weighted sum. Gravity is basically a measure of the popularity of a product and how well the product is selling. A higher number would indicate that a product is selling well. Of course, this means that there are others selling the product, which means that there is competition. What is a high number? 40 or higher would be what I would call high.
So, How Do We Use These Numbers? I think the best way to use the information Clickbank provides to us regarding the digital products in its database is to first aim for products with a fairly high gravity number but that also have a low refund rate percentage, which equates to promoting a product that is selling well but also is being refunded at a low rate. This would indicate a quality product. (Remember that just because a product sells well does not mean it is a quality product, it may just have a fantastic, high converting sales page and the actual product may be a dud, thus prompting many refunds. So, we need a way to calculate Refund Percentage Rates.
How To Calculate Refund Percentage Rates Here is a formula to use in order to calculate the Refund Rate of Clickbank products:
(Product Price – 7.5 percent) – $1 = Clickbank’s commission on each product sold Product Price After CB Commission x Payout percentage = Your Affiliate Commission - $Earned Per Sale = The Refund Difference ($Refund Difference / Affiliate Commission) x 100 = Refund percentage Let’s Try An Example With A Current Clickbank Product We’ll use The Forex Trading Machine as our example.
Data:
Product Price = $97.00
$ Earned/Sale = $40.15
Payout % = 50%
So,
Clickbank Commission = ($97 X 7.5%) + 1 = $8.28
Post Clickbank Commission Price = $97 – $8.28 = $88.72
Affiliate Commission = $88.72 X 50% = $44.36
Refund Difference = $44.36 – $40.15 = $4.21
Refund Percentage = ($4.21/$44.36) X 100 = 9.49%
What does this mean to us? Well, first off, I think that any product with a Refund Percentage of less that 10% is a quality Clickbank Product. Clickbank will tell you that every product can be assumed to have an inherent 5% Refund Percentage Rate due to consumer fraud. So, less than 10% is pretty good.
Why do we care? Because you don’t want to spend your time and money promoting a product that is going to end up generating a lot of refunds. You would, in essence, be wasting your money, as a high Refund Percentage will certainly lower your Return On Investment. Remember, Return On Investment is simply measured as the amount it costs you to generate a certain amount in sales. If you spent $5 in Google Adwords® promoting a product and you made $10 from this advertising, your ROI would be 100%, which is excellent.
Generally speaking, products with High Refund Percentages yield a lower ROI. Not good. So, I would stick with promoting products with a low Refund Percentage in order to prevent a low ROI and also promoting high quality products with high customer satisfaction just makes sense.
Brad Jones is an author and businessman with a background in internet marketing and investment planning. His primary goal is to educate others on how to increase and preserve their wealth. For more information on his latest venture please visit http://www.infoproductmax.com
Author: Brad J
Article Source: EzineArticles.com
Sponsored by: Vimax Affiliate Program
So you have bought a product off ClickBank, and you would like your money back. Now what? In this article I’ll set out the steps involved in applying for a ClickBank refund.
Step 1 – Go To the ClickBank Customer Support Page
The easiest way to do this is to find the email receipt that ClickBank sent – this will include a link to the particular order. The other option is to manually enter the details on the ClickBank support page. Either way you should then be able to view the details of the order.
Step 2 – Lodge a Customer Service Ticket and Specify the Reason for Refund
From the ClickBank order page, there will be the option of lodging a ticket requesting that ClickBank refund the product. There are a number of different reasons which can be selected, one of which is “I was not satisfied with the product. / Product did not meet expectations.” There is also a text box where specific details regarding the issue can be entered.
Step 3 – Wait for at Least 24 Hours
Under the ClickBank customer support ticket system, a refund will be automatically granted after 24 hours have passed so long as:
- those hours do not fall on a weekend; and
- the vendor does not attempt to save the sale by offering assistance to help utilize the product or service.
If the vendor does not respond within this period then the refund should be processed.
Step 4 – The Vendor May Make Contact to Try and Save the Sale
What happens from here on will really depend on the product, the circumstances surrounding purchase and the vendor. If the vendor makes contact to provide technical support, either the customer or the vendor can change the ticket to a ‘technical support’ ticket. But the vendor should only do this with the customer’s consent – otherwise the matter can be escalated to ClickBank for review.
Now you may be wondering exactly what reasons might be sufficient to get a refund from ClickBank if the vendor does try to save the sale. For more information regarding this take a look here: http://affiliateplayground.net/clickbank/how-to-get-a-clickbank-refund/
Author: Tom McEwin
Article Source: EzineArticles.com
Sponsored by: HGH Supplements
Clickbank is a very useful place to start your internet career. There are close to 10,000 products you can choose from, and start reselling them for a commission. It seems very easy. Select a product from clickbank, create a hoplink (your very own link, which leads to the sale being credited to your clickbank account), make some sales and get a check every fortnight like clockwork. However, it is not so. If it had been like that, then every person worth his salt would be rich, getting payments from selling clickbank products. You must know how to select a clickbank product, what are the points to be considered while selecting a clickbank product, and what is the criterion for rejecting a clickbank product. Hopefully, after reading this article, you would be in a better position to take that decision.
In a sense, Internet is a very peculiar place to be. Here, you can not only search for information, mail or chat with friends, create a website or do any number of things you would have dreamt of doing in your life; and the best thing is you can do all these things at no or at fraction of the cost it would have taken you to do the same thing in the offline world. In addition to all the things you can do at the net, you can earn money as well from your endeavors. As you can easily find out, there are scores of ways to earn. Creating content rich sites, Adsense, selling posters or books from Amazon, and many others. However, to make any real income, you must have some background information on the steps needed to fulfill your desire.
One of the easiest ways of earning money from the net is by becoming a reseller of a website or a program. And the best place to do this is at clickbank. You can easily go to clickbank, select a product, create your link and advertise using various avenues like PPC, email promotion etc, which are available to you. However, selecting the right product is vital for getting sales and earning commissions from them. A wrong or ill-informed decision could burn a large hole in your pocket. So lets get down to the basics of how to select a clickbank product, and get some decent sales.
When you go to clickbank marketplace (the place where all the products available for sale are listed), you will find that the products are listed in different categories. Some of them are Business to Business, Health and Fitness, Home and family, Marketing and Ads, and so on. First you need to select a category whose products you want to see. Once you have decided the category and clicked on the Go button, a list of items (based upon your criteria) would be displaced. You will find the following information reflected under all the products.
$earned/sale:, %earned/sale:, %referred:, gravity:
Lets go into the meaning of these figures.
$ earned per sale – This is the average amount of money you make for each of these that you sell. It’s an average because it includes refunds.
% earned per sale – This is the average % earned for each sale.
% referred – This is the percent of sales for this product that comes from affiliates. If the % referred says 90, it simply means that out of every income of 100, 90 is coming from affiliates. The product creator is only earning 10 from his own efforts and all the rest is coming from the efforts of affiliates. A product with a low % referred means the product creator is putting efforts himself and a high % referred shows that he is not doing the major part of promotion.
Gravity – The most important figure out of all the statistics is gravity. Gravity is the approximate number of affiliates (weighted sum of number of affiliates) promoting this product. In short, gravity means the number of affiliates reselling this product. Greater the gravity, greater the efforts you need to put in to compete against others. If you look at the number one product, it will usually be the product with the highest gravity. The top product under the category Money and Employment (at the time of writing) has a gravity of around 700, and under Health and Fitness it is 335. You would, naturally, not want to compete against so many affiliates.
This may seem a bit confusing to people not familiar with it. The question then is, how to select the best clickbank ebook product from this maze? Simple – you don’t select the best selling product of clickbank, you select the best product which meets your criteria. Here are some guidelines on how to select the best clickbank product:
$ earned per sale – The average income from a product when you make a sale. Select a product that pays you a minimum of $20.00 per sale. Why? Google Adwords is the preferred source of promotion for a majority of people. An average of 100 clicks is required to make a sale (again an average- the conversion ratio may be more if you are lucky). An estimated 10 cents per click will cost you $10 to make a sale. If you make a sale after 100 clicks (costing you $10) and earn $20 for it, you are in profit of $10 per sale.
% earned per sale – The average % earned for each sale. As an affiliate, you should select a product that pays the maximum percentage per sale. In any case, don’t select a product which pays a commission of less than 50%, the more the better
% referred -Percent of sales for this product that comes from affiliates. Select a product that has a % referred figure of less than 80
Gravity – The approximate number of affiliates selling this product. Look out for a product that has a gravity around 40. Why? Selecting a product around 40 means that you won’t have to compete with many others. Too low, the competition would be more, and two and you will have to take the burden of promoting it more. Gravity of around 40 also means that some affiliates would already be promoting this product and so would have spread the word about it. When a person sees your ad for the same person, the chances are that he may have seen the ad earlier for the product and hence he would have been somewhat pre-sold on the product. In short, you may reap the benefit of somebody else’s ads (its believed that around 7 times an ad needs to be seen by a person for him to click on it – though it is not always so) It is true that it may not be the best seller, but you want to select a product that is best from your point of view, and not something that is clickbank’s best. Remember!
Now some real example.
See the stats of a product under Computing and Internet as of writing this article:
Website Hosting : Free Domain, Live Support, Sitebuilder.
$/sale: $82.08 | %/sale: 75.0% | %refd: 64.0% | grav: 0.85
This product meets all the criteria except one, the gravity.
You earn $82.08 (huge amount), %sale 75% (the best), %refd 64% not bad. But the major negative point is the low gravity (0.85). It means that there are hardly any affiliates promoting this product. It means that you will be one of the first affiliates, and would have to do a lot of promotion to build this product. Not Recommended
Lets take another example from Business to Business category:
Converting Like Crazy!!!
$/sale: $22.03 | %/sale: 75.0% | %refd: 25.0% | grav: 44.61
This product meets all the benchmark.
You earn $22.03 (more than estimated), %sale 75%, %refd 25% and gravity 44.61. Recommended
You have seen now that selecting the best clickbank ebook or product is fairly easy. There are no highly complicated theories. All you have to do is follow these simple strategies and you will start getting sales in no time. Let anybody tell you anything, the fact is that research on the net is vital to success. There is a wealth of information floating in the millions of webpages. You need to go and search for them. With proper guidance, you cannot fail.
The internet is a constantly changing platform. Concepts and theories valid today may become obsolete tomorrow. Products or programs a bestseller today may not work the day after, or at least not up to the expected level. You may acquire any amount of information, but you need to research thoroughly on the topic. Do your homework properly, put in the required amount of resources (money and manpower – there are no free lunches), and you will succeed without fail. Keep searching, and keep researching. Nothing is constant. The only thing constant is – Change.
Did you find this article useful? Clickbank can be a source of a handsome income if you know the strategies. The above is one of many. You can find more such techniques at the site. If you are serious about these avenues and would like to know more, click on Earn Money Programs Earn Money Programs – Honest Income Program. You can find out many things. Go there, Honest Income Program Now!
Author: Anil Pandey
Article Source: EzineArticles.com
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