What You Will Learn
l What ClickBank is and how to use it to make thousands of dollars monthly
l How to pick ClickBank products to promote
l The most common ways to promote ClickBank products
l The unique funnel we use to scale up our sales
l How to build these funnels
l How to scale them up and take over the offer
What Is Clickbank?
Many people consider Clickbank just another affiliate network. But unlike traditional affiliate platforms, Clickbank serves as a marketplace for both people who create products and affiliates, so they can make money together without complex paperwork or agreements.
How Does It Work?
In other words, Clickbank is the middleman between creators of digital products, such as ebooks, video, music and so on, and people who can sell those products, i.e. affiliate marketers.
Obviously, depending on which party of the marketplace are you, Clickbank fulfills one of the two functions:
1. A Product Marketplace For Affiliates
As an affiliate marketer, you can jump right in, create your unique affiliate links for thousands of products (more on that later) and start to drive traffic right away to start making money. You will also see your earnings in real time.
It’s free to join and there’s no screening process. No cap or complicated metrics. It’s basically a simplified affiliate network, open to anyone that wants to give it a shot.
In case you want to try it out, simply go and register on their homepage.
2. An E-Commerce Platform For Information Product Owners
As a product owner, you can add your product to the database and ClickBank will take care of all the checkout and e-commerce part, as well as offering an affiliate program for it.
You will be charged $49.95 one time activation fee, for becoming a seller on Clickbank. I believe this fee does a good job of keeping some low-quality vendors out of the platform.
This is great if you don’t want to handle the technical part of things but you have to know that the platform will take quite a bit of money off your sales ($1 + 7.5% of the sales).
That’s why if you start making some serious sales volume, you may want to move out of the platform to platforms like Thinkific or Teachable or because these don’t take a % of your sales.
In addition to % of sales, you’re charged $2.5 dollars payment processing fee, every time you take out the money. Clickbank can also approve customer refunds and charge you $0.50 or $1 for that.
The rise of the LMS platform like the two above is probably why Clickbank has been losing some steam in the last few years …
Why Clickbank?
As an affiliate marketer you might ask yourself, why sell ebooks and online courses from unknown producers, if you can just sign up with Amazon Associates and sell reputable products.
Firstly, online education is a huge market and Clickbank itself generates close to a quarter billion dollars in sales revenue each year.
Secondly, there’s a beauty to digital products. That beauty is the highest margins possible. Because, to make a copy of a video and sell it, costs nothing.
100% of the revenue can be considered the profit (outside of marketing costs).
High profits = high affiliate commissions. And Clickbank pays up to 75%.
Step-By-Step: How To Make Money With Clickbank
To make money with Clickbank, you have to follow the same formula as any successful venture.
You need a solid product that customers want and create a funnel to convert the traffic, to begin with. Then you build up your traffic, optimize your funnel, and once you know you’re profitable (i.e. you convert $ more than you invest), you scale the whole thing.
Easy on paper, but sadly, few people put the effort to get it right. 90% of affiliate revenues come from 10% of affiliates, so put your best work in.
Let’s start with the product.
How To Pick The Right Product To Promote
One of the best ways to make money on Clickbank is to start as an affiliate, promoting pages that have already been optimized, in order to build your sales funnels.
Much like keyword research for SEO, picking the right product to promote on ClickBank is extremely important. No matter how good you are at promoting if you drive traffic to a sales page that doesn’t sell, you will not make much money.
The Different ClickBank Metrics
Initial $/sale: The average amount of money affiliates make per sale.
Avg %/sale: The % of the sales price affiliates take as a commission on average.
Grav: Gravity, the number of affiliates that sold this product in the last 12 weeks.
Avg Rebill Total: Average $ affiliates take as a commission as a result of rebills.
Avg %/Rebill: % of rebills paid to the affiliate, on average.
What Is A Great Product To Promote
Screening offers is a big part of knowing how to make money with Clickbank. Here are the things we look for when it comes to screening offers to promote:
Low-cost initial offer with up to 3 upsales
Video sales pages & “native” sales pages (pages that feel like content)
Products with good reviews online (low refunds = more money and less list burnout)
Gravity above 20 (means that the page converts fairly well)
For more details, Hit the link below
https://www.authorityhacker.com/how-to-make-money-from-clickbank/
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