Wednesday, 24 February 2010
Affiliate marketing is the fastest growing home based business opportunity on the internet today. As a Clickbank affiliate you have the potential to earn commissions ranging from 50% to 75%. That is the highest of any affiliate network on the internet. Clickbank affiliates have access to over 10,000 products to accommodate any area of expertise.
Becoming a Clickbank affiliate is easy. Visit their website and sign up for your free Clickbank affiliate account. As soon as your are accepted you can begin to promote affiliate products right away.
The most common mistake new Clickbank affiliates make is to promote the same popular products that everyone else is. A lot of times people sign up as a Clickbank affiliate through a link that they got from some online marketing program they bought into. After they become a Clickbank affiliate they promote that product and expect to make money. The reason they aren't seeing any significant results is that they are competing with thousands of other Clickbank affiliates who are doing the same thing. I'm not saying that you shouldn't buy an online marketing program. I bought quite a few of them myself when I was first learning about affiliate marketing and how to promote products as a Clickbank affiliate. What I am saying is take the concepts they teach you and apply it to products that are less competitive and have a chance of earning you some real money as a Clickbank affiliate.
The best resource for finding profitable products is the Clickbank marketplace. The Clickbank marketplace lists every product they have in their network. You can search for products by category or type in a specific keyword and see product results that are related to your search term. Clickbank shows you different statistics for each product listed. As a Clickbank affiliate you want to pay close attention to these stats because they will help you determine which products might be more profitable.
1. $/sale - This is the average amount that you the Clickbank affiliate will earn every time you sell this product. This price reflects refunds and charge-backs. So visit the sales page and see how much the product is selling for. If it sells for $50 and has a 75% commission then you should expect to make $35 after Clickbank's cut. If the product is showing a $/sale much lower then you know that there are a lot of refunds going on and the product is probably not worth promoting.
2. %/sale - This figure represents the percent per sale each Clickbank affiliate should receive. You want to look for products that have commission rate between 50% and 70%. Higher than 70% usually means more competition and anything lower than 50% isn't worth the time and effort.
3. %/refd - This is the percent of the products total sales that are generated by Clickbank affiliates. If this is a low figure like 50% then the merchant is earning most of it's sales on its own and you shouldn't expect to earn much with their product. Look for products that have a 75% to 90% referral rate.
4. Gravity - This number tells you how many Clickbank affiliates are promoting this product. Don't choose products with the highest gravity because it will be hard to compete. Ideally you want to look for products that have a gravity higher than the others listed above and below it. This means that the program has been running strong for the last few months and there is an opportunity to make some money before the product becomes too competitive.
Finding profitable products to promote is an important first step in becoming a successful Clickbank affiliate. You will also need a good marketing strategy for any products you choose to promote.
Posted by Sudseeb at 20:16