You can even compare ClickBank to the topmost online marketplace Amazon. Now, Amazon’s affiliate program pays between four and eight percent. So if you sell a 50$ book on amazon.com you can only get maybe 4 dollars commission on that. Needless to mention that Amazon will have to pay you, the publisher, the author, the shipping and handling. After that Amazon gets a cut and if there’s a third party involved, they earn something too! So where do you stand in all this long list of people? Practically nowhere!
If you have nothing of value to sell from home then retail arbitrage might be a better option for you. Many people partake in arbitrage to earn a little extra money, and for some, it has even become their full-time job. Retail arbitrage is the buying of goods at a low price and then selling them on a different platform at a higher price. Sales in shops provide ideal opportunities to pick up products for next to nothing. These can then be sold on eBay or Amazon for higher amounts, making you a nice profit.
In this course you’ll use the same steps that entrepreneurs and startups use to create and build their businesses. This model will guide you in setting up your own automated income stream from scratch, by promoting products created by others. By the end of the course, you’ll have an affiliate website and a growing list that you can continue to monetize!
You may ask why a vendor would choose to give away the lion’s share to the affiliates. They usually have some sort of upgrade, or upsell, and also they are gaining that customer’s contact information so they can pitch them more products for years to come. They don’t mind letting you have the bulk of the first sale, because that’s where it ends for the affiliate, while the vendor get potential future sales as well. Many ClickBank products are designed just for this very purpose, sort of like a foot-in-the-door technique.
I don’t try to sell too much. All you need to do is to drive value and give good information to the buyer. Put yourself in the shoes of the buyer and address their fears and questions. Don’t beat around the bush and don’t try to waste their time and at the end, try showing some sort of proof or results. If you own the product, show what’s inside and talk about your experience with it. This will help you to build a relationship with them quickly.
The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
Creating an affiliate website from scratch can be tedious. This is because there are so many things that you have to consider. You need to create a registration page for your affiliates and create their own individual dashboard. You also need to create an admin dashboard where you can monitor how well your affiliates are doing. Add an online store to that and it is enough to drive you insane. Fortunately, there are some tools that you can use to set up your own site in minutes and that’s what you will learn in this course.