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!
Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. I’ve done webinars to promote my financial planning practice and to drum up interest in my online course for financial advisors. With a webinar, you’re basically offering a lot of tips and advice for free — usually in a live format. At the end though, you pitch your paid product or service with the goal of securing a few deals.
Understand How Commissions Are Calculated at ClickBank: Every product listed at ClickBank has a commission rate which is set by the vendor. It can range from 1% to 75%. When you are successful in driving a sale to that product, the sale procedure is processed by ClickBank and then the commission rate is calculated. The commission rate you get will be based on the remaining net sale amount. Now let’s consider an example of a product that has a 55% commission rate:
Since July 2014 I read for the first time about affiliate marketing, I never heard of this way of working before. Until then, I have worked in MLM (multi-level-marketing). Which wasn't that suitable for me. MLM is a very aggressive way of marketing, and you do need to harass everyone around you to join. That's not quite me. Affiliate marketing works very different. You write reviews about products of a company, and when people decide to buy something after reading your review, you get a few percentage of the sale. That's more my line of work.
Sponsored posts work much in the same way as paid guest posts, but they are posted by big businesses instead of individual bloggers. Therefore, the scope for fees is much higher, as businesses have larger marketing budgets than humble bloggers. Having sponsored posts by large companies will also help promote your site as reputable and as a leader in its field.
Another thing to consider is that even if you break even on the first sale, you’re still winning. All you need to do is create more content about other problems that target market may have following the same principle and queue them one after the other. For example if we target women that want to lose weight they may also have wrinkle problems, digestion problems, diabetes, aging problems etc. We can easily create a chain of issues we run the email list through, let them opt in for what matches their issues and make several sales to that audience.
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.
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.