If you’re looking to make some extra cash, then you should consider affiliate marketing. It’s a practice that involves selling other people’s digital and physical products and earning a commission for every sale you make. Where to start? With Clickbank.
So, If you're asking how to make money on clickbank.. It's really simple! All you need to do are the following steps:
- Sign up to be a seller or an affiliate marketer on Clickbank.
- Sellers can start to list products to sell while affiliate marketers can begin to find products to promote.
- Get paid through your preferred method for the products sold or earn a commission for every sale you make.
What is Clickbank?
Clickbank is an online affiliate marketplace that connects digital content creators and affiliate marketers. It features 21,562 product listings from health and fitness to home and garden products that reach over 200 million customers worldwide. It works with over 6 million entrepreneurs from 200 countries across the world and has amassed more than $4 billion in sales.
Vendor Vs. Affiliate Marketer in Clickbank
Can you make money with Clickbank? Definitely. There are two ways to do that. You can be a vendor (create your own products and list them on Clickbank) or an affiliate marketer (sell products listed on the website and earn a commission from every sale you make).
As a vendor, you’ll produce your own products and list them through Clickbank’s system. To become a seller, you need to pay a one-time activation fee of $49.95 for your first account. You need to pay $29.95 for any additional accounts you set up.
After completing the setup, your items will be available to Clickbank’s affiliate marketers. Cookies and unique tracking links will help you monitor who made the sale so that you can credit them accordingly. You will set the commission rate, which ranges from 1% to 75%. Aside from being a vendor, you can also be an affiliate yourself and sell other vendors’ products.
Meanwhile, you don’t have to worry about producing a product if you’re a Clickbank affiliate. All you need to do is fill out the Clickbank sign up form to start promoting. Begin checking all the available products on the site. You can narrow down your search based on the product category or commission percentage. When you choose a listing, you’ll get an affiliate link that leads to the vendor’s sales page.
What are the Benefits of Joining the Clickbank Marketplace?
If you need more reasons to sign up, here are some of the top benefits that this online marketplace has to offer.
1. Easy Signup Process
It’s easy to sign up for a Clickbank account. Fill out the form in just a few minutes and start finding products you need to promote. You can access Clickbank’s education platform, Spark, to learn more about how to get started in this business.
2. Open to New Affiliate Marketers
You don’t have to be a pro or seasoned affiliate marketer to join Clickbank. You can sign up for an account and start promoting the products of your choice even if you’re a newbie. Clickbank is open to new and experienced affiliate marketers.
3. Be a Vendor and Marketer
With Clickbank, you can be both a vendor and a marketer. You can sell your products and you can also promote the items of other vendors in the network. You’ll maximize your earnings by earning from the products you sell and the commissions you get from promoting other vendor’s products.
4. Offers a Wide Product Range
Clickbank has been around for more than 20 years. Over the years, the affiliate network amassed tens of thousands of products. You’ll surely find one that you’d like to promote.
5. Earn Commissions
You can earn as high as 75% commission on the items you promote. Vendors can offer high commission rates to their marketers.
6. Fast Payout
You don’t have to wait too long, like 30 days, to get your earnings. You may receive your commissions weekly or bi-weekly.
What are the Disadvantages of Clickbank?
Clickbank is not all bells and whistles. It also comes with its own disadvantages.
1. Low-Quality Products
Clickbank offers a wide range of products and not all of them are top-quality items. You’ll come across some terrible products and there are vendors who offer high commission rates to lure marketers who can promote their inferior products. You just have to be careful when choosing which ones to promote if you do not want to take a hit on your reputation and credibility.
2. Charges for Dormant Accounts
Clickbank charges vendors or affiliate marketers with positive balances on their accounts from $1 to $50 per pay period depending on how long their account has been inactive.
3. Heavy Competition
If you’re promoting a popular product, you can expect to face heavy competition from newbie and seasoned marketers. You need to up your game if you want to face them head-on.
Is Clickbank Safe and Legit?
Yes, Clickbank is a genuine affiliate network. Although you may find some low-quality products, the Clickbank marketplace is also filled with top-quality digital products from national and international vendors. So, if you’re an affiliate marketer, you need to do your due diligence. Clickbank doesn’t do quality control of products sold on its platforms, so it’s best for you to try the products first before you promote them.
As a vendor, you need to create high-quality products if you want to stand out from the rest and sell more of your product or service offerings. If you feel that you’ve been scammed and you can provide a valid report of the fraudulent transaction, you can file for a refund. Clickbank takes one business day to process the refund and it is issued back to you within 19 days.
Clickbank maintains a fraud rate (percentage rate of the total amount of all reported fraud transactions against the total amount of sales made). Clickbank requires its vendors to have a fraud rate of less than 1%. If the vendor’s fraud rate exceeds the 1% threshold, Clickbank will conduct an investigation. If it proves that a criminal fraud is happening, Clickbank will take steps to block the vendor. If not, Clickbank will reach out to the vendor and offer recommendations on how to reduce their fraud rate.
How Much Can You Make with Clickbank?
The answer to this question hinges on several factors. If you’re a vendor, it’ll depend on the quality of your products and how many affiliate marketers you have. If you’re an affiliate marketer, it’ll depend on the digital products you choose and the methods you use for their promotion. You may earn an average of $30 in commission per sale on Clickbank. If you manage to make 3 to 5 sales a day, you’ll earn 3 figures daily. So a combination of many high-quality products that appeal to many people using the right platform that draws a sizable audience will mean you can potentially make quite a lot of money.
How Do You Choose the Right Product to Produce in Clickbank?
As previously mentioned, you’ll come across both top and low-quality items in the Clickbank marketplace. If you’re a marketer looking for the best products to promote, you need to know how to spot these gemstones.
- Try the products – If you’re the type who truly cares for clients, you’d want to try the products first before marketing them. Having a genuine desire to help consumers can help your marketing efforts succeed. Ask the vendor if they have a sample product you can try. If they don’t and you have extra cash, you can purchase the item to check if it’s the real deal.
- Read the product reviews – Check the reviews of previous customers. Their opinion can help you decide if the product is worth selling.
- Check the gravity score – The gravity score refers to how many affiliate marketers sold the product over the past 12 weeks. The product is considered trustworthy if it has a high gravity score (between 20 and 100).
- Watch out for scams – Stay away from unrealistic offers. There’s a chance that they’re offering inferior products or something shady is going on if their offer is too good to be true.
How to Start Earning in Clickbank?
Don’t expect to become an overnight success once you join Clickbank. There are a few things you need to do if you want to start seeing money come in.
Don’t focus only on the gravity score and average sale of the product. Going with popular products means you’ll face heavy competition and you’ll most likely have lower conversions. Find good products that will give you a chance to convert more.
Don’t forget to create relevant content. Create a newsletter that comes with useful content when promoting the product. You can also write a blog post about it or post it on your highly recommended products page on your website.
Of course, you have to find a product that fits your target audience. For instance, if you already have an established following and your niche is about self-help, then gaming products won’t necessarily be a good fit. Find products that will offer value to your audience and fit in with the theme of your blogs/platforms.
How Do You Get Paid in Clickbank?
Clickbank offers several payment methods for both vendors and affiliate marketers.
- Check – It is the most common mode of payment among affiliate marketers. Clickbank will mail your check to the address listed on your account. So be sure to add the right address when you sign up.
- Direct Deposit – Clickbank will transfer your payment to your bank account.
- Wire Transfer – This method of payment is available especially for affiliate marketers who are located in other countries.
- Payoneer – Clickbank may also transfer your payment via this international money transfer service.
What are the Fees You Need to Pay for Clilckbank?
As a vendor, you need to pay an activation charge of $49.95 for your first account and $29.95 for any additional accounts you make. You don’t pay a monthly fee to maintain your Clickbank account. However, there’s a pay period processing fee of $2.50 for each payment you get. You can lower the fees by scheduling fewer payments.
For vendors, Clickbank takes out a 7.5% of the product sale price and an additional $1 every time a product is sold. There’s a refund fee of either $0.50 or $1 for returned items. Dormant accounts, or accounts with no active earnings for more than 90 days, will be subject to a $1 charge per pay period. Clickbank will take out $5 per pay period after 180 days of no earnings, and $50 per pay period after 365 days of becoming dormant. The fees for dormant accounts only apply if the account has a positive balance. The charges will stop once the balance in your account has been depleted.
Conclusion
Clickbank is a popular affiliate network where national and international vendors and marketers converge. You can sign up as a vendor, an affiliate marketer, or be both for a one-time fee. After creating an account, you can start selling or find items you want to promote. If you’re a vendor, make sure you sell quality products. If you’re a marketer, you should know how to weed out the low-quality products from the excellent ones.
Aidan has been writing about personal finance for over 6 years. Prior to this, he worked as a Corporate Finance Analyst where he specialized in Due Diligence, Company Valuations and more. He is a CFA charterholder.
