Clickbank has 100,000+ affiliates. Learn how to be in the
top 5% or get left with the scraps.
Clickbank is the largest online marketplace of digital
products. As an affiliate this will be your main source for finding products to promote.
Digital product vendors have extremely high margins on their products and therefore they
can pass on large amounts for guaranteed sales. Most offer 50% of the sale and some up to
75%. All you need to do is connect the consumer with the merchant.
This may sound easy but lots of clickbank products have
huge competition and unless you know what you are doing you will struggle to compete. This
is not another free ebook affiliateclickbank. What I want to do here is
give you the information you need to find a product, analyse the product, check the
competition and move on to create successful campaigns.
To sign up to clickbank after you have read this page come
back here and click www.clickbank.com to head over to the sign up page. Its free to promote
all the products in the marketplace. Clickbank acts as the middle man for the tramsaction
between the seller and vendor. Clickbank accepts payments from the buyer then splits up
the proceeds between the product vendor and yourself. Clickbank also takes their cut for
handling the payments, refunds etc.
You will be paid by cheque every 2 weeks in arrears. The
cheques get sent 2 weeks after the applicable payment period ends. The only downside to
the clickbank system is you need to get sales with 5 different credit card numbers and at
least 1 visa and 1 mastercard before they will send the first cheque. This only has to be
done once to each new account. This is to try and stop people just using clickbank to buy
products cheaply. But don't worry this will be easy with the information you can learn at ProvenOnline.info.
Step 1- Finding the Product
You will want to find hot new products in the beginning. Products where demand
outstrips supply and market saturation hasn't kicked in. We can not just pick any new
release product though. Firstly head over the clickbank marketplace Here and you will be able to find
products by various categories. Pick a main category that interests you and in the 'sub
category' select new products. In 'sort by' select high gravity. This will list products
in order of gravity which is the main item we will consider. After selecting a product we
need to look at these figures:
- $/sale- this is the amount earned per sale taking into account refunds averaged out..
- %/sale- this is the percentage of the sale price we receive.
- %/refd- this is the percentage of the vendors total sales that were made by clickbank
affiliates.
- grav- this is a figure that refers to how popular a product is. The higher the more
popular.
It is best to stick to products that pay more than $20 as this gives us a much
greater chance of covering our advertising expenses than dirt cheap products. I will not
promote products with a percentage less than 50% either. The %refd is not to important at
this stage. You need to look for gravities between 10-60. Less than 10 and the product has
not proved itself as a seller and more than 60 usually means the product is well
established. Although 'make money' products with a gravity over 60 may be nowhere near
saturation.
Step 2- Analyse the Product
We need to establish if the sales letter will convert. I could fill another page
about sales letters but just go and read the sales letter and work out if their selling
the benefits of the product. To see the sales letter click the 'view pitch page' under the
product. As you read more sales letters you will be able to spot the winners. Look for a
clean design, exciting headline, time sensitive offer, testimonials etc. I will hopefully
have a page at ProvenOnline.info
dedicated to sales letters in the near future.
To analyse the products you have short listed to see if their on the way up use CB
Trends by putting their vendor ID from clickbank into the box in the center of the
page. You get the vendor ID in the marketplace by clicking on 'create hoplink' below the
product and enter your nickname. The vendor ID is between your nickname and the word hop.
A product I recently purchased and promote is DayJobKiller. My hoplink is http://paulwilson.dayjobkill.hop.clickbank.net
so the vendor ID in the example is dayjobkill.
After you enter the vendor ID into CB Trends you need to look at the top 2
graphs. The popularity graph and the gravity graph. This will give us an indication of
weather the product is on the way up or down. The highest popularity is represented by a
score of 1. You are looking for a product that is rising in popularity ie:graph falling
inwards and a gravity on the rise from around the 10-20 mark. Check dayjobkill as the
vendor ID for a product that did take off very quickly and actually set the clickbank
record for 1st day and 1st week sales. This is an extreme example, but we want to position
ourselves in front of a products like this as they explode.
Step 3- Check Website Traffic and Competition
To confirm if the product is new and the traffic is rising head to Alexa.com.
Click on the traffic rankings tab and enter the website address. We can tell how new the
site is and what sort of traffic it is attracting. A good sign would be if the site is
less than a month old with rising traffic. I have the alexa toolbar and google toolbar on
my browser all the time so I can see every site I visit what their alexa rank and google
page rank is. Do a google search and check the adwords competition for keywords closely
related to the product name. If there are more than say 3-4 pages of unique ads already
there then you know the competition will be tough but it also proves the product sells as
most affiliates wont keep running ads if their losing money. Use your common sense on this
one. If not sure then mabye test it anyway.
Step 4- Test
No matter how much due diligence we do on each product we will not know their
success rate until we test them. Following the above steps is to try to ensure you test
more winners than losers. Google adwords will provide us with our traffic for an instant
test. You need to keep this process as simple as possible. You want to create a fairly
short list of keywords focused around the product name eg: dayjobkiller, day job killer,
dayjobkiller.com, kill day job etc. all in inverted commas "day job killer" and
brackets [day job killer]. Set a max cost per click around 50c mark as a start and $10 as
your daily budget. Turn off content bids altogether. The easiest way to get an ad up that
will give you fair results is to model it around the top 3 google ads already there. If
there are no other ads then good luck to you. Use something like 'Looking for Day Job
Killer?' as a headline and look at the key benefits in the sales letter to make up
your next 2 rows of text. Make sure you split test your ads. You can adjust your max cost
per click to stay around position 3-6 with your ad.You will probably want to cloak your
link or use a redirect. For instructions on how to do this see ProvenOnline.info and look down the right
cloumn. If you have never used google adwords before or do not know how to split test ads,
edit campaign settings etc also see ProvenOnline.info and look for a page called Google
Adwords.
You will usually get an idea within 3-5 days of how the campaign is going.
Always set a finish date for your campaign say 1 week from the start date as this will
take the emotion away from ending the campaign. If you have made no sales and spent
between 1-2 times what your commission would be for 1 sale then chances are this will not
work for you. It usually is best to cut your losses unless your confident you know the
problem is not the product and you can fix it. The campaign will automatically end 1 week
from the start date as long as you set this up. This will make sure you evaluate the
performance before spending to much time and money on a product that will not work for
you.
So as you can see there is quite a bit to do before jumping in and starting to
promote products left right and centre. This system should ensure you have a successful
start to your journey as a clickbank affiliate. I did it the hard way losing money and not
knowing why. I truly hope this information gives you the chance to be successful from day
1. The best start to any online adventure is to make money early as this hepls with your
confidence and makes you believe it is all possible. Just remember to stay focused and
take one step at a time.
By Paul Wilson
ProvenOnline.info
support@provenonline.info |