Thanks for the informative post. I certainly agree that there are many poor quality products on Clickbank but there is certainly an opportunity to make money through Clickbank. The trick as you point out is to sort the good from the bad. Personally I will not even consider a product with a gravity lower than 10 but prefer a gravity above 50. Like everything we do it is about doing good research first.
Every ClickBank product has a commission rate that is set by the vendor, ranging from 1% to 75%. When you drive a sale to that product, ClickBank processes the sale, applies its charges, then calculates the commission rate based on the remaining net sale amount. Here's an example of how much you'll earn on a one-time purchase product with a 55% commission rate:
While the world goes gaga over Digital Marketing, few seem to be discussing affiliate marketing in depth. A true gem, a lot of digital marketing in the future will be reliant on affiliate marketing. While social media marketing helps create buzz, search engine marketing helps drive traffic, affiliate marketers helps converts traffic into leads and sales. As the focus on ROI and analytics grows, more businesses will demand (they have started demanding already) people to showcase the exact value of digital marketing efforts. If there is one decisive way to measure digital marketing, it’s affiliate marketing. Keeping all that in mind, we’ve reviewed and listed 7 Best Affiliate Marketing Courses and Training for 2017.
If it’s not clear yet, information and expertise are two of the most consistent and lucrative ways to make extra money online. If you don’t like talking on the phone, you can sign up to get paid to answer professional questions on JustAnswer. There are thousands of questions being asked every month from people looking for help from lawyers, doctors, mechanics, vets, and more. To apply, you’ll need to supply your professional verification, resume, and a form of identification.
All accounts default to a paper check payment method until you elect to change to direct deposit or wire. If you're located in an eligible country, you can start receiving payment via direct deposit. Once you become eligible for direct deposit, you can specify this as your payment method in Settings->Payment Information. If you are not within a country supported by direct deposit you may be eligible to receive wire payments or can continue to receive payments with a check.
Gerry knows what he’s doing when it comes to Facebook ads, even though I don’t do affiliate marketing with paid ads anymore I’ve taken what I learned from Gerry and have applied to running ads for my own lead generation business or to promote our own lead gen coaching program. From my experience, those do better with paid advertising because its your own product or service so you have much bigger profit margins to be able to afford the paid traffic, with affiliate its really tough because you’re still selling someone else’s product so your margins are slimmer.
You definitely have to stay focused and committed if you want to be a success as a ClickBank affiliate. The process can be slow and frustrating at first, and you’ll face a good amount of competition with most products you choose to promote. It’s important not to get in the get-rich-quick mentality, because even the funds you do receive will have a 60 day lag on them. If you’re looking for a way to make money right now, this might not be something that pans out for you.
EDIT: In a serious answer to your question; Yes... Clickbank, and other affiliate programs, work for people. If you've been at this for 5 months, what have you got to show for it? Do you have any website(s) which you would like to share here so maybe we could offer some helpful advice? Or what you have tried to do to generate traffic, etc. You give not a single shred of detail whatsoever.
If you have a propensity for writing and you can slay with your prose, consider writing an ebook. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well. This is a great source of passive income but does require a large amount of effort at the outset before any money is generated.
ClickBank apart from other programs is that vendors, the people creating the products, can set the affiliate payouts as high as 75%. This is something that you don’t usually see when it comes to promoting other people’s products. Many times affiliate commissions are in the 10, 20, or 30% range so this is something that draws many affiliates to the program.
Ideally, you will already have a website that contains articles and other affiliate offers similar to the ClickBank products you want to promote. If you haven't set one up yet though, don't worry. WordPress is a great free content management system that you can use to start a website and begin publishing articles immediately. Use your articles to draw readers in, then present your ClickBank affiliate offer within the article. You may also want to develop a newsletter for your own website and use it to promote your ClickBank offers to your audience as often as possible. (See: How To Monetize Your Website.)
Research individual companies in your desired niche: If possible, it’s always better to become an affiliate directly with a company (if they have an internal affiliate program), as no one else will be dipping into your commission rate. This is the preferred route for most of the prominent affiliate marketers, including Pat Flynn. Unfortunately, it’s also the most work, as you’ll have to do the research yourself to see who offers programs (they’re usually listed in the website footer).
This is a great way to make extra cash if you’re always plugged in to the events around your city. It’s also a great way to deal with wanting to go to an event, but not being sure you’ll be able to make it. You can just buy the tickets, and if your plans don’t work out, sell them on StubHub for a profit! Keep in mind that StubHub takes a 15% commission on all sales, so make sure your prices are set where you want them to be!
I, too, have always looked at ClickBank as a secondary and even tertiary monetization source. But it can be a great sources of revenue. I linked one of my articles to a related product on CB, and without really doing promotion or anything unusual, I get a few sales a week. Mind you, the keyword(s) for the post aren’t that huge either. So, even though the traffic not huge on that post, it still manages to get some sales.
Survey Junkie is another popular online marketing and survey site, and they’re also a great option if you’re looking for ways to make money online. Survey Junkie lets you complete offers in exchange for points which can be redeemed for awesome rewards such as cash, gift cards, and more. All you need to do is fill out some basic information and you can get started completing offers right away.
Many big businesses are looking for social media influencers to become long-term ambassadors for their brand. This would involve you working closely with one particular band, and promoting their clothes, products, and services. You may also be restricted from promoting other brands, so check out the small print before agreeing to any long-term agreements.