Make Money with Clickbank
Clickbank is the largest and most successful online store for digital products in the world. The term 'digital products' encompasses a vast variety of products and services, all of which have one thing in common - they can all be downloaded, viewed or accessed on a computer or mobile device.
These include:
- E-Books (PDF or otherwise)
- Video tutorials
- Website access
- Software and Apps
The money making opportunities offered by Clickbank are potentially huge, but (like anything worth doing well) it takes time and effort to take full advantage of these opportunities. The two ways to make money with Clickbank are 1) as a Vendor and 2) as an Affiliate.
Make Money with Clickbank as a Vendor
Whilst it may seem daunting to create your own digital product to sell, the benefits of doing so are clear. Clickbank has a vast network of affiliates whose mission is to promote and sell Clickbank products. The more effective the pitch page, successful a product sells (and the higher the commission is), the more likely it is that a product will be selected for promotion by an affiliate.
Clickbank confirms payments, processes orders and handles customer service on behalf of its vendors. In return, there is a one-time $49.95 activation charge (at the time of writing) that's paid upon approval of your first product, in addition to a 7.5% + $1 fee per transaction. There is also a $2.50 fee per payment issued to a vendor by Clickbank.
The beauty of working with Clickbank as a vendor is that once a product has been created and successfully submitted, the hard work of promoting the product is undertaken largely by the proactive affiliate network - and successful promotion is arguably the greatest challenge when selling online. Click here to see the signup form.
Make Money with Clickbank as an Affiliate
Having worked as a Clickbank affiliate for a number of years, I've learnt that success takes time and effort - and a lot of trial and error. However, if you find the right product and you have an effective way of marketing it, then you'll be able to make extra money using Clickbank.
It's simple to sign up as an affiliate of Clickbank - all you have to do is create an account, add in your preferred payment method (so that you can be paid any due commissions) - and you're good to go. That's the easy bit. You then go to the marketplace to find a product that you'd like to promote. Here's a good article by Clickbank on the basics of using the marketplace.
The process of choosing a suitable product to promote on Clickbank relies on a number of factors:
- Is the product relevant to the web page (or newsletter) that you have created? And consequently, will it appeal to your audience of prospective buyers?
- Gravity - this indicates how 'hot' the product is at the moment and is based on how many affiliates are successfully generating sales of the product. The higher the gravity, the more sales are being made (and the more competition there'll be from other affiliates).
- Commission - the amount you'll make per sale.
There are a number of other factors to be taken into consideration - and Clickbank covers them in much more detail here: Guide to Marketplace Features
Clickbank University
Clickbank University is a course that Clickbank have developed in conjunction with some of its most successful affiliates - including the first affiliate to make $1million in one day... What is excellent about this course is that it covers everything you need to do in order to succeed as a Clickbank affiliate - and there's a great deal more to achieving success than just picking a product, sticking a link on your website and hoping...
3 Ways to Make Money
The short list below demonstrates different ways to make extra cash - but they all have one unifying factor - once you've set them up and created your products (or set up an account through which to sell others), they're fun to monitor and exciting to watch as you track their progress - but you have to put the work in first.
