Most affiliate marketers know about ClickBank (and if you don’t I’ll give an explanation for precisely what it does simply below) but few of you guys know how to make cash with Clickbank.
A standard process for a novice to affiliate advertising and marketing is that they signal up, locate some crappy product with a high fee and start to fantasize about how it’s going to make sales.
Then, they throw some random traffic at it and watch how nobody spends a dime on it. Finally, they come to the conclusion that the platform sucks. Sounds familiar?
Well, here’s how it worked for us.
2014 used to be the first year we tried to make some money off the platform. We ended up making $37,075 off it barring attempting very challenging (ClickBank has usually been a secondary monetization method, so far, for our businesses).
As we noticed the affiliate advertising revenue from Clickbank grow we paid greater attention to it and determined to optimize the procedure so we can make more cash on line with Clickbank.
After a few months of hard work, we managed to radically change this small income stream into some thing a lot extra sizeable as you can see by this screenshot:
In this put up is that I’ll exhibit you exactly how to make money with Clickbank the usage of the method we devised all through this time period.
Let’s get started!
What You Will Learn
What ClickBank is and how to use it to make heaps of greenbacks monthly
How to pick ClickBank products to promote
The most frequent approaches to promote ClickBank products
The special funnel we use to scale up our sales
How to construct these funnels
How to scale them up and take over the offer
How to promote Clickbank in right way
What Is Clickbank?
Many human beings reflect onconsideration on Clickbank just every other affiliate network. But in contrast to regular affiliate platforms, Clickbank serves as a marketplace for both human beings who create merchandise and affiliates, so they can make cash together except complicated forms or agreements.
How Does It Work?
In different words, Clickbank is the intermediary between creators of digital products, such as ebooks, video, song and so on, and humans who can promote those products, i.e. affiliate marketers.
Obviously, relying on which party of the market 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 special affiliate hyperlinks for lots of products (more on that later) and begin to drive traffic proper away to begin making money. You will additionally see your revenue in real time.
It’s free to be a part of and there’s no screening process. No cap or tricky metrics. It’s basically a simplified affiliate network, open to anybody that wants to supply it a shot.
In case you want to strive it out, definitely go 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 supplying an affiliate application for it.
You will be charged $49.95 one time activation fee, for turning into a vendor on Clickbank. I believe this fee does a true job of retaining some low-quality companies out of the platform.
This is top notch if you don’t want to manage the technical phase of matters but you have to comprehend that the platform will take quite a bit of cash off your income ($1 + 7.5% of the sales).
That’s why if you start making some serious income volume, you might also favor to cross out of the platform to structures like Thinkific or Teachable due to the fact these don’t take a p.c of your sales.
In addition to percent of sales, you’re charged $2.5 dollars payment processing fee, each time you take out the money. Clickbank can also approve client refunds and charge you $0.50 or $1 for that.
The upward thrust of the LMS systems like the two above is probably why Clickbank has been losing some steam in the final few years …
As an affiliate marketer you might ask yourself, why sell ebooks and on line guides from unknown producers, if you can simply signal up with say CJ or Amazon Affiliates and sell professional products.
Firstly, online education is a massive market and Clickbank itself generates shut to a quarter billion bucks in sales revenue each year.
Secondly, there’s a beauty to digital products. That splendor is the highest margins possible. Because, to make a replica of a video and sell it, expenses nothing.
100% of the income can be considered the profit (outside of marketing costs).
High earnings = high affiliate commissions. And Clickbank can pay up to 75%.
Pros & Cons Of ClickBank
I genuinely like ClickBank and I assume it’s a splendid region for new affiliate entrepreneurs to get started and earn money on line except the trouble of greater advanced affiliate networks. There’s no cap, you don’t need to be accredited for 90% of the affords and you can start promoting straight away.
Trust me, that’s a large plus when you get began and have no track record to exhibit to these large affiliate networks.
Here is a brief list of the professionals & cons of the platform:
Step-By-Step: How To Make Money With Clickbank
To make money with Clickbank, you have to comply with the identical components as any successful venture.
You need a strong product that clients choose and create a funnel to convert the traffic, to commence with. Then you build up your traffic, optimize your funnel, and as soon as you understand you’re worthwhile (i.e. you convert $ extra than you invest), you scale the entire thing.
Easy on paper, however sadly, few human beings put the effort to get it right. 90% of affiliate revenues come from 10% of affiliates, so put your exceptional work in.
Let’s start with the product.
How To Pick The Right Product To Promote
One of the fantastic methods to make cash on Clickbank is to start as an affiliate, merchandising pages that have already been optimized, in order to build your sales funnels.
Much like key-word lookup for SEO, selecting the right product to promote on ClickBank is extremely important. No remember how correct you are at advertising if you power traffic to a income page that doesn’t sell, you will not make a lot money.
Here is a brief video of me going through the ClickBank affiliate market to find juicy merchandise to promote.
What Is A Great Product To Promote?
Screening presents is a huge part of understanding how to make money with Clickbank. Here are the things we look for when it comes to screening offers to promote:
Low-cost preliminary provide with up to three upsales
Video income pages & “native” sales pages (pages that sense like content)
Products with properly critiques online (low refunds = extra cash and much less listing burnout)
Gravity above 20 (means that the page converts pretty well)
How Everyone Tries To Make Money From ClickBank
If you read on different affiliate advertising blogs, you’ll see a ton of “tactics” on how to make money with ClickBank. Some of them work and some of them without a doubt don’t work.
The difficulty most of these procedures have, apart from the closing one, is that they have very confined preselling. People are thrown to sales pages without knowing precisely why they are there or who is this man attempting to promote them an statistics product.
From our experience, preselling is HUGE. You need to give human beings legitimate motives why they should buy the product and if you can be that 3rd birthday party giving a recommendation, your conversion charges will 5-10x very regularly (hint: that’s what I do all over Authority Hacker).
Additionally, repeat exposure to the provide does very very nicely for us. More on that later though.
Let’s have a recap of the most “common” methods human beings make cash with ClickBank earlier than I show you our secret sauce.
Direct Linking / Banners
This one is the most frequent and very often least profitable. The tactic is simple. Find a particularly associated article on your website and slap a banner on the sidebar or in the center of the article, barring any form of pre-selling the product specifically.
Because the visitors is quite associated to the offer, some humans will convert. However, your EPC ( income per click) will be very low because the product does now not come advocated via the author.
In Content Links
In content, links are generally in line recommendations that are embedded without delay in the text. The recommendation often comes from the voice of the creator and if they’ve achieved a excellent job constructing trust at some stage in the article/post, the conversion rates will be decent.
However, they’re not very outstanding and will solely capture the interest of the most attentive readers. Other than trusting the author, there’s no longer tons of an incentive to click through.
This is one tactic we still use to this day and for properly reason: it works! Review visitors is extremely focused and people touchdown on your page have a very excessive chance to buy.
If your evaluate doesn’t seem definitely biased, there’s a correct chance they’ll believe you and click through your affiliate link to purchase the product.