The best time to learn about clickbank is before you're in the thick of things. Wise readers will keep reading to earn some valuable clickbank experience while it's still free.
First and foremost, ClickBank is an online retailer. They handle online financial transactions for clients, called "vendors". ClickBank has about 40,000 clients, but only about 5400 or so of them are of any value to you as an Affiliate Reseller. (more on this later)
That's because only about 5400 vendors have set themselves up to allow other people (Affiliates) to sell their products in exchange for a commission. The other vendors just use ClickBank to process their online transactions for them,without offering an affiliate opportunity.
I am not sure why a vendor would not accept affiliates, as it is like opening a few thousand franchises for free, but some vendors nonetheless choose not to do so.
These 5400 or so vendors that do offer the affiliate sales opportunity represent a thousand of of products and services upon which affiliates can earn commissions of 1% to 75% !!.
Most are in the 40 to 60% range....pretty exciting! These products, (or most of them), are
found within an area of the ClickBank website called the Marketplace.
Now, you could spend a heck of a lot of time browsing through the different categories trying
to locate a certain product, (if you have time to kill.) but, if you want to find what you want,
when you want, (and want to pass on the same courtesy to your visitors), you would need some
type of search feature.
Matter of fact, if you wanted to build a link to promote each of those 11,400 products or services
you are in for quite a task!
Let's say you could find each of the thousands of products and each product's vendor's user name
and then build a link you feel confident enough to promote in 3 minutes each.
That would work out to 33,000 minutes or 550 hours. That means if every thing ran smoothly and you actually found every product and service within 3 minutes that to make a link for each of these would take 550 hours or almost 23 days working around the clock!
Now, why did I say most of these products, not all are in the Affiliate Marketplace?
Well, if an item is new to ClickBank, it will not appear in the Marketplace until it has had a
valid affiliate sale. This means at least one copy of the product must be sold by an affiliate,
and not the vendor, to qualify for entry to the ClickBank Marketplace. It may take up to 30 days
after this happens to appear in the Marketplace.
The Marketplace is actually updated weekly. If a product or service in the Marketplace has not had a valid Affiliate sale in more than 30 days, that product will fall out of the Marketplace, but
will go back in on it's next valid sale.
If you would like to promote any one product, the "hot sellers" and the most marketed are the top results in the Browse Marketplace section of ClickBank.
BUT... don't think for a moment that it implies that they are the best products, or even the best
value, in many cases it just means these products are marketed more vigorously.
Since they are marketed vigorously, chances are your visitor has seen them advertised dozens of
times by other sites and marketers, and probably have literally hundreds of cookies set to make
sure that someone else gets paid in the event of the sale, not you.
We'll have more info later on why you should NOT just stick to popular items, and why many top
affiliates avoid them almost entirely.
When you make a sale, ClickBank for credits you that sale and it is added to your other
commissions on account at ClickBank until it reaches the minimum you establish for a check to
be mailed to you.
ClickBank sends the checks out every 2 weeks. You can set your clock by ClickBank's prompt payments. (if in the USA you may also choose to receive direct deposits instead of checks!)
As I said earlier, ClickBank is an online distribution center for over 11,400 digital products and services that are delivered via the web (via web pages, files, or email). If they cannot be delivered via the web, ClickBank does not handle them. Every product sold by these vendors can be promoted through the ClickBank network of over 140,000 marketers (affiliates).
Vendors inform ClickBank of the commission rate they are willing to pay affiliates for selling
products on their behalf. Affiliates promote the vendors' products by referring interested
customers to the vendor's web site via a special tracking link called a 'hoplink'. This means you
don't really even need a website.
The vendor's web site describes the product, and passes the customer directly to ClickBank for the actual credit card transaction handling. ClickBank pays the vendor and the affiliate.
Affiliates may freely promote any product and be assured that they will be paid for sales they
generate. Vendors can freely accept new affiliates without fear of fraud or misrepresentation.
So what does this mean in plain English?
Once you send a customer to the vendor site and they make a purchase, ClickBank & the vendor
handle everything, including :
* the customer receives the product they ordered;
* the vendor receives his payment;
* and best of all..
ClickBank ensures you receive the commission due to you! Remember, commissions from ClickBank range from 1% to 75%, but typical commissions are in the 40 to 50% RANGE!!
In short, ClickBank is a virtual goldmine for those that make the effort to promote the thousands
of products and services offered. There are ClickBank affiliates out there making well over
$20,000.00 a MONTH!
Now you can understand why there's a growing interest in clickbank. When people start looking for more information about clickbank, you'll be in a position to meet their needs.
Click HERE for a step-by-step guide to ClickBank via 1stPromotion
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