There are some who gets confused with how the ClickBank affiliates’ commissions are accounted for. This sometimes leads people to just become discouraged and give up on the idea altogether. Do not fret! It is easy to understand the commission flow through ClickBank.
One amazing system with ClickBank is the HopLinks. It is one of the most efficient and reliable tracking system for affiliate marketing. Amidst the thousands of merchants, affiliates and products, HopLinks makes it possible to keep track of all these such that credits will be properly allocated to the right affiliate. If the HopLink was viewed by a customer through an affiliate’s website, this will redirect the customer to the webpage of the product owned by the merchant. Still, once a sale was made, the HopLinks will automatically give credit to the affiliate which will entitle him for a commission. Hence, affiliates will surely get the commission they deserve. No need to worry about it.
It is absolutely easy to understand the process of the commission system with ClickBank. After signing up through ClickBank’s website, you then find a product to promote. Once you already have a specific product to advertise, you use the various methods of promoting it. This is either through websites, blog sites, forums or social networking sites. It is important for you to incorporate the HopLinks in your promotions. A customer clicks on the HopLinks attached to your promotion and this will redirect to the vendor’s website. Once the customer purchases the product, ClickBank will process the sale and will give you credit for promoting the product. The amount of your commission is computed according to the net sale price and credited to your account within two minutes of the sale. Percentage of commission is initially specified by the vendor. You will be getting the equivalent amount as designated by the vendor and accepted by you, as an affiliate, upon choosing to promote the product.
Computing for the actual amount that you should be getting is not too difficult. You do not need to have a math degree to be able to know how much you should receive. You just have to be aware about the percentage of commission that the vendor is offering. This may range from 1% to 75%. Usually, vendors give an average of 55%. ClickBank will process the sale and incorporate the charges. Then, based on the net sale of the product, ClickBank will take apart the commission of the affiliate and the profit of the vendor.
Here’s a sample computation of the amount you will earn on a single purchase of a product with a 55% commission rate:
Retail Price: $35.95
Subtract 7.5% + $1: -$3.72
Net Sale Amount: $32.27
55% of Remainder: $17.75
Therefore, the commission that you, as an affiliate should get is $17.75.
Take note that there is a maximum commission that you can get in a single purchase and that amounts to $150.
This applies to single purchase products whose customers will only be billed once. For example, an eBook was purchased by the customer, once he/she has paid for it, transaction is done. You get your commission and the vendor gets the profit. There are some instances though which involve billing the customer more than once. This is called Recurring Billing Products.
Some affiliates prefer promoting Recurring Billing Products for the obvious reason. With recurring Billing Products, affiliates would have to promote the product just once but the get commissions multiple times. You are already exerting effort in promoting a product. It is not a bad idea to choose one that is extra profitable. Examples of products which will enable you to get commissions multiple times are software licenses, membership sites, newsletters, subscriptions and products which involve trial period. If you promote a product that belongs to one of those mentioned above then you are on the road to receiving your commission more than once if a sale is made. You will get a commission every time the customer is billed. This will depend on how often the billing occurs and how long is the cycle of the customer’s subscription. This only implies that, in promoting Recurring billing Products, you can possibly get a commission as often as twice a month or maybe once a month but will last for a number of years.
Promoting recurring billing products is just as easy as promoting the other products available in ClickBank. You just create a HopLink like any other product and incorporate it in your promotion. Customers will view the link and gets redirected to the vendor’s website. If a customer decides to purchase and signs up for a software license or subscription, you keep receiving constant commissions for as long as the customer renews the subscription.
For the percentage of commissions which you will be getting from a recurring billing product, you can already check the specified percentage through ClickBank’s website. Search for recurring billing product on the website by filtering the marketplace so that it will show only this kind of products. After running your search, you can already know about how much you can expect to earn from recurring commissions. Just look at the Future $ and Total $/sale amounts listed beneath each product.
Future $ shows the average amount that affiliates can earn from cyclical bills of the product. This gives you an indication of how frequently customers keep on with their subscriptions. It also gives an idea of the amount you are likely to earn when added up to the initial sale amount.
Total $/sale is the summation of the first sale plus all other bills that follow, divided by the number of initial sales. This figure will give you an idea of how much you could look forward to earn over the life of a successful sale, on average. Your results may differ, but this number is the average over all sales of the product so far.
Given those information, it is indeed quite obvious that ClickBank’s recurring billing products can be a great starting place of continuous income for you! Do not stop at just considering promoting single-sale products. Take it to a step higher and try promoting for recurring billing products and witness how much they can add to your monthly earnings, without having to exert much more effort.
You see, with ClickBank, all you need is to explore the process and understand how it works. It is not really difficult. Do not be discouraged just like the others simply because they refused to know how the system goes. Once you get into the process and you know what to do, everything else comes easy. Earning commissions in ClickBank is absolutely rewarding.
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