Understanding Extra Data Provided by Vendors
In order to take a good final decision about whether or not it can be worthwhile promoting a particular offer we have to refine our analysis!
To do that you have to visit the affiliate section on the merchant’s page to try to acquire more data!
Where can you find this section?
Some of the merchants add their affiliate page directly into Clickbank marketplace but others don’t, for those you have to go to their main site, scroll down at the bottom of the page and look for Affiliates or JV (joint ventures).
When you click these links you will probably have to create an account with this particular vendor and after that, they will grant you access to all the tools provided for the merchant to be used by their affiliates.
That is all good but we are not here for the tools!
Forget about the tools, banners and whatever the merchant is offering now, at this point we are looking for things such as EPC and Refund Rate. That is all!
The ideal product has a high EPC and a low Refund Rate.
Here some brief explanation about these terms:
- EPC stands for earnings per click.
This is so critical because this is a great way to measure how much money you could make by promoting that offer. You have to analyze EPC.
If you don’t know why, just imagine this scenario:
You built your website, people are going to it, people are even clicking through your affiliate link but no one is buying your offer!
This is terrible and there is what EPC can help you to avoid!
A good merchant will show their EPC flat out!
It is an average but it gives you a great sense of how well that product could convert.
And that is the first element we need to analyze when looking at the vendor’s page.
The next factor is refund rate and it’s extremely important to promote product with a low refund rate!
Get this, if a visitor bought a product via your link and then ask for a refund, this not only affects the merchant but unfortunately you also lose commissions.
If the vendor is not telling you about their refund rate this is not a good sigh.
Just to give you a heads up, for a good and popular product, the refund rate MUST be lower than 15%. Keep that in mind once you are choosing products.
When it comes to making money with Clickbank, choosing a high quality product is the first step.
- Look at gravity, EPC and refund rates and you are done!
The following step is to generate your affiliate link.
There are two ways to do that.
Most vendors listed on Clickbank marketplace will give you the option of generating you affiliate link directly from the Clickbank site. After choosing a product, the only think you have to do is to click PROMOTE and voila, you have an affiliate link.
In case the vendor didn’t give you this option you have to visit their main page, look for JV or Affiliates at the end of the page and then, under affiliate tools you will have access to your affiliate link. That is all!
By automatically creating this link, it will not be properly formatted.
I mean it’s a long combination of numbers and letters which is not attractive in a visitor’s perspective so in order to make it looks more beautiful or more clickable if you which, we will have to cloak this link.
This is really simple to do and we will use a plugin on WordPress to solve this issue.
Promoting an Affiliate Link
Once you have your affiliate link and in case you are active on Social Media, you can just add that link into a message and send it via Twitter or even promote your offer on Facebook but neither of these are long-term strategies.
I understand that at this point, some of you don’t even have a website yet but being honest with all of you, for the ones willing to enter into this business for good, building a website is highly recommended. This is a MUST!
Driving traffic to your website can be a little complicated or even trickier but during this training course I will cover several strategies to help you get extra traffic and achieve good results with those strategies.
On this tutorial I took special attention on picking the right product because when it comes to making money with affiliate marketing this makes all the difference.
And now I want to give you a boost in confidence!
My First Paycheck from Clickbank!
This is really personal but I want to share this unique event with you!
This represents the first time I get paid by Clickbank! Yeah, this is my first paycheck!
It was a great day for me and as you can see, this is not that old, it’s from 7/2/2012.
There is my name on it and if it’s difficult to read …the value is exactly $ 652.99!
It’s not a fortune, but my point is: there is real money to be made here! And you can see… I did it and I am showing you how you can do it too!
This tutorial explained in details one of the most important aspects related to making money with Clickbank which is about selecting a good product, but being completely honest, on the previous lesson I did share some of the events that would happen before your first sale so you will know what to expect.
I told you this before, there is a learning curve in this process, but once you overcome it, there would be only one way to go which is up and high towards your goals.
I am sharing the paycheck instead of the traditional picture of pipes of an anonymous Clickbank account because this is more realistic in terms of money in your pocket.
You have to fulfill certain criteria to have your first check mailed to your address.
I don’t remember all the conditions but two of them that are at the top of my head have to do with payment.
You have to have several orders and some of those payments were made using at least 3 different methods as an example, Visa, MasterCard and Paypal. This is one condition.
The other I remember is about the identity of your customers.
You have to have sold products to at least 3 different people. This is how Clickbank can prevent fraud on their network. And that is why I think the paycheck itself shows more credibility than just one picture of pipes that could be easily copied elsewhere on the internet.
I hope you get some extra encouragement after analyzing the paycheck and do whatever it takes to get the results you are looking for.
- Create a Clickbank account and once inside their marketplace, pick a category
- Use the gravity range I mentioned during the lesson to select a good product
- Go to the merchant page and try to extract extra data such as EPC and refund rate
- Learn how to generate you affiliate link