“Can an Entrepreneur REALLY Make Money with ClickBank”?
8:11 AM
Question: Some people are making outlandish claims about making money with ClickBank. I’m looking for an unbiased opinion. What’s your take? Can an entrepreneur really make money with this thing”?
E.P. Springfield MO
Dear Entrepreneur:
Thanks for your question! It’s on other entrepreneur’s minds too. I’m not sure if my response is “unbiased” because I’m a big fan of ClickBank. But I’ll give you my two cents – good and bad – and you can take it from there.
Here we go….
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People can make money with ClickBank. I’ve helped hundreds of people do it, including friends and family. One of the biggest advantages of ClickBank is the limited downside risk and expense. You can set up shop for under $100 and the upside potential can be significant.
What’s more, if you develop an information product for the ClickBank Marketplace and it turns out to be a bestseller – you could attract hundreds, thousands…and even tens of thousands of affiliates to sell your product for you on a commission only basis.
Making Money with ClickBank is Easy – But Don’t Be Fooled!
In addition to making money with info products on ClickBank, you can also produce a nice residual income too.
Here’s what I’m talking about….
You can develop an e-book (or retain someone to do it for you) or digital product (like software, tutorials, an e-mail newsletter, or digital videos) post it on ClickBank and generate residual income for months, years… or even a lifetime (or for as long as ClickBank stays in business)! In 2001 I developed a digital product which generated a residual income on ClickBank for more than nine years. I received a royalty check for this product from ClickBank for 110 months!
On top of that, on ClickBank you’ll have access to more than 100,000 eager affiliates who can also sell your product for you!
It’s What I Call E-A-S-Y
Most of the digital products on ClickBank are about 50 to 200 pages in length. But the length can include diagrams, images, graphics, illustrations, and pictures, etc. And like I said….if your product resonates in the market there’s a good chance ClickBank affiliates will start selling it for you!
How do affiliates find my product and start selling it?
ClickBank affiliates are a savvy bunch of marketers. They’ll scour the ClickBank Marketplace for the most profitable products. So don’t worry about affiliates finding your product…..
But that’s not all…
You can also “jumpstart” the process by advertising on ClickBank, or on hundreds of other top digital marketplaces. You can even promote your product or someone else’s product on Google, Yahoo! and Bing (to name a few).
Granted, Google has been a pain in the ass lately when it comes to ClickBank affiliate promotions. But if you follow Google’s guidelines and don’t try and trick them…you’ll be fine. You see… the most popular (or best selling) products also rapidly move up in the rankings on ClickBank.
It should be no surprise the ClickBank affiliate program has one of the lowest attrition rates in the business. The attrition rate is the rate people quit, unsubscribe, or lose interest. The entrepreneurs who sign up as ClickBank affiliates tend to stick with it.
I think the main reason for this is because ClickBank pays affiliate commissions accurately and on time.
Here’s an Example of a ClickBank Affiliate Payout:
Product:
Mass Money Maker: Retail Price $37
Affiliate Commission: $19
Plus 60% commission (up to $314) on the backend product
5, 276 affiliates are currently promoting and selling this product
Granted, an affiliate commission of $19 does not seem like much. But if marketing efforts produce 50 sales a month we’re talking serious money.
On top of that, once you implement a marketing system (I’ll show you how) your commission payments can be sent on auto pilot. One reason the ClickBank affiliate program has such a low attrition rate (people quitting) is because it’s so damn easy to make money! People tend to stick with something if they see actual sales and cash. I’m not kidding!
Targeted (Relevant) Information is a Rising Trend
So why not consider developing an e-book or digital product to generate residual income?
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The BEST way to research and/or develop a profitable or saleable ClickBank product is to STEAL IT! Well…
Not exactly steal it… but COPY the most successful products. I’m not talking about word for word plagiarism. I’m talking about copying the “Big Idea” of a product, the essence and putting your own spin on it.
I shared this insight at an Internet Marketing Conference recently…and people swarmed me for an hour after my talk! All you need to do is search ClickBank categories and study the MOST successful digital products… it wouldn’t hurt to order a few products too. This will help you “see” how the system really works….and you’ll benefit from the content too.
Searching ClickBank for bestselling products will you a ton of time and money because you won’t have to reinvent the wheel. You can also hang out on the new ClickBank Blog. On this blog you’ll learn the best strategies and products right from the horse’s mouth (ClickBank staff and Super Affiliates).
As you can see, when you work with ClickBank you’ll be in control of your product and retain a lion’s share of the profits!
On top of that, you won’t have to recruit your friends, neighbors, or relatives in order to make money with this thing.
Your humble host,
Marc Charles
(Ed Note: Marc Charles is referred to as “The King of Business Opportunities” ….and for good reason. He should be known as “The King of Legitimate Business Opportunities”…because he’s launched, bought, sold reviewed and advised on hundreds of businesses and money making opportunities. He understands legitimate opportunities. Marc has agreed supply League of Power members with crucial updates regarding legitimate business and money making opportunities.)
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ClickBank offers a viable money making opportunity.
If you develop a digital product for ClickBank Marketplace and it becomes a top seller you’ll have access to more than 100,000 eager affiliates. The affiliates will sell your e-book for you on a commission only basis.
That’s a big deal.
But that’s not all……
You can make money if you never write or develop a digital product too!
That’s right.
You can promote and sell other people’s bestselling products and earn a handsome commission in return.
But it gets even better…..
Some products have wildly successful “back end” or “recurring” products too. Once a prospect makes a purchase the potential exists for residual income for months or years!
*****Valuable Resources*****
Other Digital Marketplaces
Zipidee (ebook section)
Amazon.com Kindle eBook Store (You can resell ebooks as an affiliate!)
LinkShare (Similar to the ClickBank Affiliate Program – wide reach)
Commission Junction (again… similar to ClickBank… and good)
Other Digital Affiliate Programs and Directories
AffiliateScout (affiliate directory)
Promote ClickBank Products on These Networks:
Promote ClickBank Products with FREE, Organic Search Traffic:
Submit your ClickBank focused website into the Google index here
Yahoo! Suggest a Site
Bing Submit a Site
Scrub the Web Site Submission
GigaBlast Add URL
EntireWeb Website Submission
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