Clickbank Tutorial

Setting up an account in Clickbank will not be a trouble for you. It is as easy as setting up an email account. So let's start.

Go to clickbank website , click on the Sign Up at the top of the homepage. You will be led to click bank sign up form.

Enter your name and address, where the your checks will be sent to and contact information including your email address and phone number. Make sure you fill them correctly, you are dealing with money, remember?

Click Submit when you are finished and there it is you have your clickbank account now.

After confirming your account through your email, Sign in to your account, remember to check your account setting, make sure that all the information about you is correct.

As a starter you might want to edit your payment treshold to as low as $25, so that you do not have to wait until $100 to get your check.
You can set it to as high as $100,000 but only when you are already an expert. You will be.. :)

Having already chosen your Niche. Let's get straight to the marketplace, which you can find at the top of the page beside the sign up link. or go here

Say, we look for a car affiliate program in the marketplace, which is quite easy. All you need to do is just searching it based on the category and subcategory, or you can just type in the keyword.



Look at the image above, there are severals abbreviated terms and links. I am going to explain only the significant terms mean as well as to show you how to create your own affiliate link.

$/sale means the amount after refunds (i will go with refunds further later) and Clickbank fees that an affiliate can expect per sale.

%/sale means commission percentage that an affiliate get after a sale. There is clickbank fee involved. (explanation about this comes later).

%refd means referral percentage, the percentage of sales generated by affiliates, the higher it is, the higher as well the percentage of affiliates making sales.

grav means gravity, an unique calculation done by Clickbank which takes the number of affiliates making sales and the actual volume of sales over the past 8 week period. High Grav indicates that there are many affiliates making money from this particular kind of product.

view pitch page, this link will take you to the merchant link.

create a hoplink, this is the link you will need to establish your own affiliate link, which may require you to enter your nick name.

There are a lot of clickbank tools that will help you determine which product is a good product to promote.

How to know whether the product in clickbank is a good quality product?
Well, one way is of course to buy and try it yourself for your customer's sake.

Another way is to research on the product, look for feedbacks of the product, search engine provides you the service you need to do that.

What if you do not have so much money to spend to buy the product?
Or You want to know the quality before you buy it and try it yourself?

Determining the quality can be done by calculation the percentage of refund rate of a product. Logically when one product has a high refund rate, it means that the product is absolutely crap (when the product has a refund rate higher than 16 percent.)

How to calculate the refund rate of a product?
Wealthy affiliate provides that tool, Clickbank Refund calculator, which is very easy to use.

There is one manual way to do that as well.
OK! pay attention.

Take one example:
Product X price: $49.95
Affiliates earn $33.96
Earned per Sale : $23.73

When you calculate your 75% commission, your calculator should show you 37.46, instead it says affiliates earn $33,96 only, why?
You have to pay attention to is the clickbank commission, which is 7,5% + $1.
calculate it with the product price: it takes you to approximately $4.75.

Now the actually accumulative profit for affiliates and the merchant is $45.2.
Affiliates earn : 75% from $45.2, which results approximately $33.96

Earned per sale is only $23.73, which affiliates will earn for each sale, where has the rest $10.23 gone?
it goes to the refund.

Calculate the refund rate:
$10.23/ $33.96 X 100% = 30.1% refund rate.
It means that this product is not very good in quality.

Let's take a look at a product named Beating Adwords, which created by Kyle & Carson about secret Adwords formula that will allow you to promote any product you want, under any keywords, for lower than any other advertiser.

Beating Adwords sold for $97, which has an earned per sale of $44.42. When you do the math it means virtually no one refunds the product.

Conclusion
Refund rate formula :

full commission = product price - $1 - (7.5%*product price)

affiliate earning = full commission x commission percentage

refund rate = (affiliate earning - earned per sale) / affiliate

Wealthy Affiliate University

There are so many tools provided in wealthy affiliate university as you can see the list above. Not only the tools there are advices and critics from experts, which are the best in wealthy affiliate.

CB Elite

CB Elite is a collection of tools that will help you save your time to find hot products to promote, stop comission theft in its track, and replace your google adsense with CB popular ads in a box like google adsense, PLUS many giveaway bonuses after the purchase.

There are three tips that i would share, which require your patient and time to do.

Tip 1. Promote in the forum

I am not saying that you post all your affiliate links when replying or creating new thread.

You have to do it slowly, be genuine.. Visit the forum related to the product you are promoting. Try to get along. Start answering and posting interesting questions on regular basis.
Remember to provide something that is useful and don't ask question that already been asked.

Explore the forum first before doing that.
That is why i said, it takes patient and your time.

You will only promote your product in your signature file, which will appear at the end of every post you have.

Some forums do not allow that make sure you read the forum guidelines before joining. You do not want to waste your time.

Tip 2. Promote in Your Email

I am sure that you talk to many people, your friends, family, colleagues, or partners in a regular basis.

This is an opportunity, Why not put the Signature file on your email correspondence. Do not abuse this opportunity by spamming, which means you send email everyday only to promote product after product. They will never open your email again. NEVER..

It's better to contact them once a month, offering free valuable Information might be a good alternative. At the bottom of your e-mail insert your signature file to promote a Clickbank product you feel it's related to the e-mail you sent.

Tip 3. Promote in your website.

If you have a website/blog.. You can promote the product in your website/blog. Of course the product you are promoting must be relevant to your website/blog topic.

It would be better when you have your own mini-site that promote your product for the first and second tips, even better when you have an Opt-in to collect the visitors' email.

You might want to do some examinations before deciding to promote a particular product, as well as a regular examination during the promotion.

1. Examine the Sales Page.

Check the sales page of the product if that page can really do a good job converting prospects into buyers, and what even more important is make sure your chances of making sale are not reduced by following factors:

1.1. Too many external links could be a disctraction for visitor to reach the actual order page.

1.2. Offer to join a mailing list might mean you would not receive commission, but that is not always the case.

1.3. Multiple payment options are offered by the merchant so if ClickBank is not chosen, your commission is gone. ( i doubt if this is still a problem now)

2.Check your Hoplink

After generating your hoplink make sure to check it and ensure that your nickname appears in the [affiliate= ] line at the bottom of the order page (the page after propects click the order button).

If you can not locate your nickname then there must be a mistake when generating your hoplink, do it again.

Another possibility that the merchant does not use clickbank's service no more or the affiliate program has been discontinued.

The last one, checking your hoplink, shall be done regularly. You will not be notified even when one of the possibilities occur.