What is ClickBank?
If you didn't already know, ClickBank is one of the largest sales platforms on the web. The company was founded back in 1998 by entrepreneurs and has over 200 million customers worldwide.
ClickBank has built up a strong reputation with bloggers, entrepreneurs and digital marketers over the years. Whilst they've been in the game for some time, a proportion of their reputation and credibility has somewhat been tarnished in ways I will explain later on in this review.
You can signup as a Vendor on ClickBank to host, promote, and sell your digital goods. Or, you can signup as an affiliate and earn passive income by promoting the range of digital and info based products on your website or blog.
ClickBank Features
ClickBank has several powerful features that affiliates and vendors can take advantage of to increase their profits. The company upgraded the system and added many new features that have a proven capacity to increase your sales.
Here are some of the best ClickBank features:
ClickBank TID & VTID Tracking
Short for Tracking I.D, TID includes a set of up to 24 characters in length, which are integrated into each HopLink.
Using the TID makes it easy to track the HopLink in relation to the specific product assigned to it. Besides that, there is no restriction on the number of TIDs you can use when marketing your products or services.
The TIDs are also available for vendors. Also, the VTID, which refers to Variable Tracking ID, is integrated with the payment link, rather than the HopLink.
The TID makes a useful insight into how you can improve performance. Accessing useful information on your sales campaign will give you a competitive edge and improve your commissions.
For instance, if you want to track how your Facebook campaign is performing, you can attach the TID of the “Facebook” to the HopLink. Then, visit your ClickBank profile on the reporting section, and you will gain access to lots of information. These include sales, refunds, and more.
ClickBank Pitchplus
This functionality allows digital marketers to introduce new products for sale to customers after they complete a purchase. Once a customer provides payment information and completes the purchase, they are then directed to another page. The page does not contain any spammy content, but useful products and suggestions for the customer to consider.
As a vendor, you create products or services that you want to be listed on the given page. Using this approach is highly convenient because it eliminates the process of having to input credit card information again. Thus, the customer can purchase or access information about other products.
ClickBank Joint Venture
The ClickBank Joint venture feature allows digital markets to advertise products as upsells, share earnings, and allow vendors to provide second-tier commissions. A joint venture is also suitable for affiliates, whereby one can partner and split commissions that they earn through their websites. Users of this feature can draft contracts, which stipulate the legal bindings between the business partners.
Being able to leverage partnerships can be an excellent way to earn money through the ClickBank platform.
There are various ways through which the joint venture perspective is applicable in business. You can contact someone to write product reviews, collaborate with other vendors, and even promote other sellers’ products.
ClickBank Marketplace Search
MarketPlace Search is a tool that lets users search for various products based on specific criteria. You will come across multiple attributes and filters that you can use to search on the left side of the ClickBank Marketplace. Even more, you can use the “advanced search” function on the left side of your profile.
Being able to find suitable products to promote on the platform will increase your sales and profit levels. More so, the Marketplace Search will also allow you to come across various vendors that provide exceptional payout levels.
It also provides you with a way to leverage rebills, affiliate tools, and much more. You will even be able to access vendors that provide affordable 14 trials. Using this information lets you find and products that relate to your niche.
ClickBank Benefits
ClickBank Broad Marketplace
Affiliates have a plethora of categories and products to choose from when looking for something they wish to promote in ClickBank. This lets them drill down to find exactly the product or service that match their website content to share with their audiences.
ClickBank Improved Search
Because ClickBank has a host of vendors and products, going through them one by one can be arduous for affiliates. That is why the platform has both basic and advanced search filters that let users specify exactly what they are looking for, so they can spend more time selling and earning rather than finding.
Additionally, the search tool also works for vendors. They can utilize it to find an affiliate they believe is a match for what they are selling and approach them to forge a partnership.
ClickBank Tools & Resources
ClickBank provides vendors with tools that allow them to tell affiliates about their products. These include images, keywords, reviews and testimonials, as well as any product guide or FAQ documentation. By providing such data, they are giving enough information to affiliates to attract them and convince them to promote their offerings.
Moreover, ClickBank has a wealth of resources for all users. These are materials they can use to learn more about the marketplace and to look for answers to any question they might have.
ClickBank Statistics & Reports
For affiliates that want in-depth information regarding a vendor, ClickBank’s Marketplace Statistics is available for their use. This feature allows them to learn about a vendor’s sales, commissions, and category. In case the affiliate has already promoted a product or service from the vendor, this is displayed in their own dashboards.
Meanwhile, vendors themselves can utilize ClickBank’s third-party reporting tool integration feature to see how well their offerings are doing in the market. This lets them understand their consumers’ behaviors and see which product is the most and the least popular.
Pros of ClickBank
- Free startup: For affiliate marketers, ClickBank is fast, easy and free to start.
- Up to 75% commissions: While each vendor sets their own commission percentage, they tend to be higher than average.
- Options for recurring commissions: Upsales give you the opportunity to earn even more for the same amount of effort!
- Advanced reporting tools: ClickBank Analytics shows affiliates data tables and charts that give them all the information they need to succeed.
- 60-day cookies: Longer tracking means a higher chance for commissions.
- Multiple payout options: Payments from ClickBank are available by check, direct deposit, wire transfer or Payoneer.
- Low payment threshold: You can select your payment threshold, as low as $10.
Cons of ClickBank
- Some products aren’t worthwhile: Affiliates need to make sure that the products they promote are actually worth the money.
- Popular products face a lot of competition: As we mentioned, a higher gravity number will tell you which products face more competition.
- Must meet the Customer Distribution Requirement to receive payments: New affiliates may thus see a small delay for their first payment.
- No PayPal option: Payouts aren’t available through PayPal.
How much money can I make with Clickbank?
This is a highly subjective question. The biggest factors involved are the products you choose and how you promote them. We’ll break down exactly how to do that in the next sections. But if you’re asking if it’s possible to make money with Click Bank as an affiliate in general, then the answer is yes, definitely.
It’s not uncommon to see people doing 3 figures daily on ClickBank. A typical sale earns you $15-$50 in commission. Say the average is $30. This means you need 4 sales a day to hit $100+. Seems doable, doesn’t it? Depending on your level of expertise you could hit your first sale in days or months.
But if you’re a complete newbie, it’s not unrealistic to aim for your first sale in 2-3 months. From that point onwards, once you prove to yourself that it works, things become much easier.
If you’re looking for great examples of people making good money on ClickBank, check out Warren Wheeler of AMNinjas. He recently wrote a case study explaining how he was able to bring a brand new affiliate website from $0 to $300+ per day in less than 3 months with ClickBank.
Both of these posts discuss relatively different strategies. I’m actually going to get into both of those strategies as well as my recommended path to follow for beginners (and why I think beginners should follow it).
Conclusion
There is no room for poor improvisation if you want to make sales with an affiliate program. Rated among one of the top 100 businesses in the world, ClickBank is perhaps one of the best affiliate programs worldwide. The platform is legitimate, and it provides users with various resources for making sales. Millions of users are already members of the platform and are continuing to rake in the profits.
That said, before making the best of a ClickBank profile, you will have to develop a good marketing campaign. Also, you will have to create a user profile and provide proper payment details, where your commissions will be deposited. There are over 500,000 digital marketers including some with a lot of experience. But it can be quite difficult to use, for example, the steps involved in creating your own product can be quite complicated.
It’s best to work on building your own store and using Afluencer to reach affiliates who can help you reach a wider audience. As an influencer, you will get to work with different brands through Afluencer.
