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Read this article to learn the best strategies and techniques to help grow your sales.
Every business should be active on social media today, find out what it takes to succeed.
How To Find Good Content To Share On Social Media
Success on social media is all about sharing amazing content relevant to your audience.
Using the right software is a must now days in order to grow sales via social media.
The old days of manually posting content to social media are long gone, discover the best tools here.
Clickbank is the largest online marketplace for digital products. With over 10,000 products and more than 100,000 affiliates, it is a very popular solution among product creators and vendors for selling their digital products.
It allows you to reach thousands of affiliate marketers all over the world, thus expanding your reach and enabling you to grow your business faster.
Clickbank provides lots of benefits for product vendors. Here are some of those:
It allows you to attract thousands of internet marketers who can promote your products to their website visitors using different channels such as search engine optimization (SEO), social media, pay per click (PPC) advertising, content marketing etc.
Clickbank can help you reach those who have recently purchased one of your products. This allows you to market your other products to them, thus increasing your conversions and sales.
You can reach audience all over the world, because Clickbank has a network of more than 500,000 online marketing experts in 190+ countries. So you can target your products to customers in any geographical location of your choice.
While Clickbank provides lots of features that allow product creators and vendors to sell their products effectively, there are some drawbacks or limitations to this platform. Here are some of those:
Clickbank does not provide a direct communication platform that can be used by vendors and affiliates to communicate with each other. While there are ways to work around this limitations, it still is a limitation of Clickbank.
This one is about affiliates - they cannot transfer their affiliate commissions in their bank accounts unless they generate 5 sales from different customers. Plus out of those 5 sales, 1 must have been done using Visa and 1 using Master Card. This might not sound like a big issue, but I have read about many affiliates who had hundreds of dollars pending in their affiliate accounts simply because they did not meet this one weird requirement. And believe it or not, this affects vendors too, in one way or another.
Over the years, Clickbank has received many negative reviews from customers, despite being the largest digital products marketplace on the planet. One of the main reasons behind this is the low quality of some of the products listed on Clickbank. While Clickbank does everything it can to avoid low quality products from getting approved, they don’t seem to be doing the job very well. This is especially true for products in markets like - weight loss, health, internet marketing, work at home, and self help. Now I am not saying that all of the Clickbank products in these categories are crappy. But if I take a quick glance at the Clickbank marketplace, I can easily spot those kinds of products.
Who Is Clickbank Ideal For?
Clickbank is the best option for those who have created a digital product or are interested in creating one, and want to easily get the word out. It is very profitable for vendors and product creators to launch their digital products on Clickbank to get in front of thousands of affiliates instantly.
Clickbank Signup Process
In order to start selling your products as a vendor on Clickbank, you need to first create an account. You can do so by visiting this link.
Once you have created an account, you can login to your account dashboard to configure some basic settings.
After logging in, you can go to Settings >> My Site. Here you need to provide your website category, target URL, marketplace listing details (title, description, commission percentage) etc.
You also need to install the Clickbank Trust Badge on your website. You can customize the badge to match its color with your website design.
Once you have configured these basic settings, you are ready to start selling your products with Clickbank.
Clickbank Ease of Use
It is very easy to get started as a vendor on Clickbank. You can easily add your products to its marketplace and start getting affiliates to promote them.
It allows you to create custom order forms with user friendly layouts to increase your sales and conversions. You can easily pay commissions to your affiliates, and find new affiliates for your products.
Now let’s talk about some of the features of Clickbank for vendors:
It allows you to create subscriptions and monthly membership websites. This is a great way to generate recurring income for your business.
You can create long lasting partnerships with your affiliates and generate revenues for your business.
You can create separate order forms and checkout pages for mobile devices and tablets to provide good user experience to your customers no matter which device they use to browse your website.
You can easily create and test your payment links. Payment links are the links used by your customers to purchase your digital products. These payment links can be customized in any way you want to suit your needs.
You can create membership products, recurring billing and subscriptions through your vendor dashboard. You can offer a trial version of your product, select how frequently you want to bill your customers, and offer a discounted initial price (e.g. for first month).
You can easily setup recurring billing for your products by providing these parameters - product title, description, sales page URL, thank you page URL, billing frequency, initial price, and rebilling price.
Since you have a digital product, you can offer higher commissions to your affiliates. You can offer anywhere from 1% to 75% commissions to your affiliates for every sale they generate. There are limits on how much you can offer to your affiliates per sale (minimum $0.25 and maximum $150).
For your subscriptions and recurring billing, you can have your customers pay you weekly, bi-weekly, monthly or quarterly. They can pay you using PayPal or credit cards.
One of the most popular types of products on Clickbank are information products or how-to products. These can be eBooks, reports, webinars, podcasts or video training courses.
You can create front end and back end offers to increase your earnings from the same group of customers.
Before starting on Clickbank, you need to have your digital product, website, sales page, thank you page, and customer support.
While adding your product to Clickbank marketplace, you need to make sure that you have done market research, experiment with pricing, base your product price on how much value you are delivering etc. You also have to make sure that you are not pricing your product too low or too high.
As a vendor, you should meet your customers’ needs. You also have to make sure that you are following DMCA guidelines.
While selling a product, clickbank also allows you to generate leads for your business. You can generate leads by offering your website visitors something like - basic membership, newsletter, a short report etc.
Before adding your product to Clickbank marketplace, you have to make sure that it meets the necessary requirements.
Clickbank provides a customer support ticket system where you can see the enhanced order receipt page of your customers, respond to refund/cancellation requests, provide technical support and get email notifications regarding your customer queries.
While selling a digital product, you can take care of some things that will reduce your refund rate. Clickbank customers usually request a refund due to reasons such as:
non delivery of the product
they were not satisfied with the product
they were not aware that it was a digital product
you didn’t make it clear what exactly they were going to receive
misrepresentation of the product
You can generate a test purchase to make sure that everything is working fine with your product page. In order to do that, you can generate a test credit card number by going to Settings >> My Site >> Testing Your Products. Then go to Test Credit Card Number and click on Generate New Card Number. A test credit card number will be generated with validation code (CVV code) and an expiration date. This credit card number can be used for testing purposes. You can go to your product’s checkout page and enter these credit card details to see if you are getting transferred to thank you page or download page of your product. This way, you can prevent payment related problems with your products to ensure that the product is delivered to your customers without any issues.
If you want to sell your digital products on Clickbank, here are the fees you need to pay as a vendor:
Whenever you want to sell a product, you need to first submit it for approval. When you submit a product, Clickbank team will review it for legal compliance. They will review your product materials, pricing structure, sales funnel, and promotional copy. The price for submitting your product for approval is $49.95. This is a one time fee.
If your product gets approved, it will be added to the Clickbank marketplace, where affiliates can find it and start promoting it. There are some sales and stocking fees that every vendor has to pay, for each sale of his product. Through your vendor account dashboard, you can get access to account support, customer support, global reach to thousands of affiliates, fraud detection etc. You can also use the built-in reliable payment system to pay commissions to your affiliates. The sales and stocking fee is $1 plus 7.5% of the sale amount. This fee is applicable for each sale of your product.
Clickbank’s pricing structure is simple and there are no hidden fees involved.
If you need any help, you can use the below mentioned support channels to get your queries resolved:
You can browse through their knowledge base to learn about vendors, affiliates, general account queries, and more.
You can submit a support request to their team, if you want to look up your order or have any product related questions.
You can check out their YouTube channel for instructional videos that can teach you how to get the most out of your vendor account.
Clickbank is a global leader in providing digital products marketplace. They have been in the industry for more than 17 years.
There are more than 100,000 registered affiliates in Clickbank. Thousands of vendors all over the world use Clickbank to sell their digital products. Due to its popularity, Clickbank has been featured and reviewed on many websites such as Christene Marketing, Better Business Bureau, Affilorama, Reviewopedia, Link Trackr, Top Ten Reviews, Comparakeet, Let’s Work Online, CB Reviews Guru, Anoosh Kashefi, Site Jabber, Rob Fore, and many more.
Clickbank is one of the best platforms for product vendors to sell their digital products such as eBooks, software, membership websites and so on. You can reach a global audience with Clickbank’s network of digital marketers and entrepreneurs around the world. You can increase your sales and manage all of your affiliates easily from a single dashboard.
About Abhay Hendre
Hi guys! I’m Abhay. I’m a digital marketing enthusiast and an online entrepreneur. I provide content writing services specifically to the digital marketing community. Do you want me to write digital marketing content for you? Then drop me a message on Twitter and let’s get started!
Since Clickbank is an online marketplace, it does not provide lots of integrations, as many of the desktop-based software do.
It does however provide an integration for Infusion Soft. Using this integration, you can automatically add the information about your order and customer into your Infusion Soft CRM. This is an extremely useful feature for vendors.
Clickbank provides integrated reporting for your product sales. What this means is that you can integrate your sales reports with tools such as Yahoo Search Marketing, Google AdWords, Bing Ads, Google Analytics, and other tracking software. This allows you to see how users behave on your website before ordering your products through Clickbank.
Clickbank also provides full support for integrating its API with other platforms. Using these APIs, you can create tools and reporting dashboards for your account by fetching the data from your vendor account in Clickbank.