Amazon affiliate program does not pay very well so you must have lots of sales to make decent money. Clickbank has many more opportunities to make larger sales and earn more money.I want to start with affiliate to expand my income, and now there are 2 options for me:
What are the advantages and disadvantages of each solution? Please give me some suggestion
- Amazon Affiliate
- Click bank product launch
Not sure what you mean by "proper."clickbank would be your best shot
Clickbank, any day of the year. Amazon barely pays anything in commission. On clickbank, you can choose products that pay up to $200 per commission and are easier to sell. Good Luck!I want to start with affiliate to expand my income, and now there are 2 options for me:
What are the advantages and disadvantages of each solution? Please give me some suggestion
- Amazon Affiliate
- Click bank product launch
I've never used Clickbank myself. Are the refund rates really that high? How long after purchase do buyers have to request a refund?The big problem with clickbank is to choose a right product because most of the have very high refund rates which will drastically impact your sales and commission.
Clickbank takes money from your account if it doesn't have any sales for a while? Seems like a scam there. One way for them to get more of the sale I guess.Clickbank for sure, but you have to be smart about it in the beginning. Since they do have policies in place that are a little restrictive. You have to make sales from 3 different people in order to get paid. You're account is subject to dormant charges. Meaning if you don't make a sale in a while, they start to siphon any cash siting in your account out, via dormant fees.
The best why to prevent this from happening, is focusing on selling products that have a "recurring" commission element to it. That way your account will never never go dormant. Then expand, from there and sell anything you want to sell.
I don't know what Clickbank takes for a dormant account fee but Commission Junction takes $10 per month for their dormant fee.Clickbank takes money from your account if it doesn't have any sales for a while? Seems like a scam there. One way for them to get more of the sale I guess.
Clickbank takes money from your account if it doesn't have any sales for a while? Seems like a scam there. One way for them to get more of the sale I guess.
So then it doesn't matter if the recurring amounts are small as long as there is some kind of money being made by your account then they won't take the fees? Even if it's just a few bucks?That's why you need to sell some "recurring" products on Clickbank - so you will never be charged a dormant fee. You will get a monthly commission every month, that will keep your account active.
All my affiliates don't have dormant account fee issues, because I offer subscription based products. Once you sell a few recurring lifetime subscriptions, you're pretty much set in terms of dormant fees.
So then it doesn't matter if the recurring amounts are small as long as there is some kind of money being made by your account then they won't take the fees? Even if it's just a few bucks?
Very nice explanation and information. Thank you.Yes, it doesn't matter as long as their is activity. I heard a few people mention they sell something and then the money is whisked away by inactive fees because they didn't meet the disbursement requirements. As long as you understand the system, it's pretty simple. Focus on selling something with a lifetime recurring element, something easy to sell, sell a few of those, people do cancel. Run a Bing Ad or something. Once you locked in that recurring component, then experiment with the items you want to sell. The recurring component of your first sales, will keep any profits that you make while you're learning out and figuring out how to sell other products.
Another way you can do it, is find a useful product you like with a recurring element and buy it yourself, though your affiliate ID. This way you get a discount on that product and you'll keep your own account active at the same time.
Won't they ban you if you use your own affiliate ID to make purchases?
Wow, that is something. I guess as long as you learn from all of your experiences that will make things that are done in the future easier.No, but I have a story for you.
I created a product - I put a $299 price tag on the product, because I wanted affiliates/vendors to buy the products, because they will be the only one using it. This way they get $150 back for buying it and I get the other $150. The higher price tag I thought will get vendors and affiliates to see it in the market place. Soon Clickbank is going to dis-continue the old version which is easy to program against and people who code in .NET are going to be forced to make the switch. This is the only .NET Package library for Clickbank INS. Well at least I think it's the only one. It's wasn't easy to do all the decryption in .NET and it's well worth the price tag, it will save you weeks of frustration as a .NET Coder only to be met with failure in most cases.
So what happened was this one week I was getting $300 sales left and right and they were all coming from the same 2 affiliates.
In my head I was thinking:
Yay me, time to buy that new Tesla. Then the charge backs started to come back in. Turns out these two people were scamming peoples credit cards, then buying my $300 product, so Clickbank pays them out before the people realize the charge on their credit cards, since clickbank pays every two weeks, they get the money and run, sticking the vendor/clickbank with the fees from the Chargebacks.
- Why would any Affiliate/Vendor buy this more then once?
- What silly affiliate/vendor would buy this without using their own product code?
- Did Clickbank just retire the old version?
So after lots of discussions with Clickbank, apparently when you have a high price item, you need to Whitelist Affiliates to prevent this sort of fraud. They have systems in place to catch the fraud, but sometimes it's too late. Now, I whitelist affiliates for all my products.
Anyway, while discussing this with Clickbank, I told them my initial intent. They said they can't prevent affiliates from buying other vendor products, they don't encourage it. But they don't take action against it, and if I want to prevent it, I need to whitelist those products.
While they were going over my accounts with me, they told me I have the highest order form conversion rate of all clickbank products. I thought that was pretty cool. They also told me a few tricks on how to get affiliates to take notice, but they are cheesy, never been inclined to do it. But I guess that's how the game is played, maybe one day.
Wow, that is something. I guess as long as you learn from all of your experiences that will make things that are done in the future easier.
So when you were talking to them were they easy to talk to?
I mean that lots of the support people that handle affiliate things are horrible to deal with from my own experience. They seem like you are bothering them.