If you’ve spent any amount of time looking into affiliate marketing or niche sites,
you’ve no doubt heard of ClickBank by now.
They are quite simply a behemoth in the world of internet marketing.
ClickBank have been around for over 17 years and according to their official site,
they’ve gone from a small operation based out of a garage to a global
phenomenon with over 200 million customers.
That’s certainly no small feat. There’s a reason that they are so successful however.
They are quite possibly the best entry point for newbies to affiliate marketing when
it comes to finding products to promote and sell.
There are literally thousands upon thousands of digital products that you are able to become an affiliate for,
and by using the ClickBank platform, you get the peace of mind that you’ll be paid on time with zero issues.
Another reason for the great success experienced by ClickBank is the fact they believe in
fairly paying both vendors and product marketers.
You can earn commissions as high as 75% through ClickBank! Not only that,
they offer many digital products that work on a subscription basis.
If you become an affiliate for these products, you could very well find yourself
earning recurring income long after the initial sale has been made.
How to get started with ClickBank
Signing up with ClickBank is fast and easy. Follow the link to register,
and it will ask you for some basic details such as your first and last name,
the country you live in, your current address, and a phone number and email address.
ClickBank allows users from just about every country to register—
unfortunately if your country isn’t supported, you won’t be able to proceed.
From here you just have to link your banking information and fill out a few more account details,
and that’s really all there is to it. There’s no waiting to be approved.
Once you’ve registered, you are free to dive in and start promoting products as an affiliate.
Exploring the ClickBank Marketplace
Once you’ve gotten your profile complete and you’re into the members area of the site,
you can begin to scroll through the Marketplace.
You will find thousands of potential products to promote here. In all honesty,
it can be a little bit overwhelming.
While there’s some definite gems to be found on ClickBank that
can end up making both you and the creator a lot of money,
there’s probably an equal number of duds to be found on the Marketplace.
For this reason you should definitely take your time and carefully consider
each product that you are interested in promoting.
It’s a good idea to thoroughly review the listed metrics for each product that you are considering.
These can be broken down as follows:
- $/Sale – An averaged out amount earned by affiliates with each product sale
- %/Sale – The percentage earned as commission by the affiliate with each sale
- Average Rebill Total—The average amount earned in commission for recurring income earned after the initial sale
- Average %/Rebill—The percentage earned from rebills, on average
- Gravity—The number listed here is the total number of affiliates who have sold the specific product within the last 12 weeks
These metrics combine to give you a general idea at a glance of
how well the product performs and how much the earning potential is for you by promoting it.
When looking at the Gravity figure, it’s generally recommended to aim for a product that has
a number somewhere between 20 and 30.
Promoting your chosen products
Once you select a product from the Marketplace to promote,
you will create what is known as a HopLink for it. HopLinks are ClickBanks form of URL
referral tracking. When a customer clicks your HopLink,
it will direct them to the vendors’ sale page while also letting
ClickBank know that it was you who sent them there so that you get credit for the sale.
It’s truly as easy as that! So long as you’ve carefully selected the right products to market,
ClickBank takes care of all of the technical work involved,
leaving you to focus solely on promoting the product.
In order to receive your first payment from ClickBank,
you must first meet two requirements. You must first meet your payment threshold,
which you set up in your account settings.
This is the minimum number you want to earn before ClickBank releases your funds.
This can be as low as $10 and as high as $1,000,000 (and yes, there are people hitting that number)!
You must also meet the customer distribution requirement.
What this means is that you must show a minimum of five sales using at
least two different payment methods. This is to prevent people from abusing
their system and racking discounts for their own purchases.
How much can you keep?
Once you start making sales as an affiliate,
ClickBank uses their own formula to determine how
much actually winds up in your pocket.
Assuming the product is a single purchase item, they
take the retail price of an item and subtract 7.5% + $1.
From here you end up with the net amount, of which they pay you whatever percentage
the commission amount ends up being.
The example that ClickBank gives assumes a product retails at $29.95 with a 55% commission.
After the 7.5% + $1 cut, you are left with $26.70. Of that $26.70, 55% ends up being $14.69,
which is what you are paid. The maximum amount that you are able
to earn from commission on a single sale is set at $150.
Once you get the ball rolling with ClickBank,
it’s possible to start earning quite a bit of dough!
Thanks to the fact that it’s easy to sign up to start,
and they take care of all the technical details, this makes it extremely
easy to recommend their platform to anyone who is just
taking their first steps into the world of affiliate marketing.
Once you gain more experience and confidence with affiliate
marketing, you can probably find better success elsewhere,
but for a newcomer, it’s definitely a solid place to get your start.