Some Things You May No Know About Click Bank
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I have been carrying out some research on Click Bank for a video tutorial I am doing and have discovered some very alarming facts. In my naivety I assumed if you sold a product through Click Bank you received payment for it. In theory you do, in fact it’s not a simple as that.
Click Bank has some rules that I was not aware of:
- Click Bank have a minimum payout threshold, admittedly you can set your own payout threshold but bear in mind that they will charge you £2.50 per payout so to make this economical you have to set a fairly high payout level which in turn means you have to wait much longer to receive any money!
- The thing that really got me was, you have to make 5 sales to 5 different customers to reach your payout level and furthermore any sales that you receive from PayPal do not count towards your five sales. The 5 sales have to be by credit card.
- That’s not all, there is also the dormant account scenario! If you do not have activity on your account for 90 days they make the account dormant which means you will have the privilege of paying $1 per payday as a fee. If the account goes into 180 days ‘dormant’ you get charged $5 each payday. So it isn’t rocket science to work out that any monies you have in your account could very rapidly disappear into the Click Bank coffers! At the time I did my research over 90% of all Click Bank accounts were considered dormant!!
Makes you wonder how anyone makes any money through dealing with Click Bank but I have discovered an Ebook that helps solve this problem and in fact it can also help you make money. The book is called Clickbank for Newbies by Harvey Segal. The book is completely free and there is no optin – it’s certainly worth a read. To get your free Ebook click here: Clickbank for Newbies. .
Hi Barbara, I really didn’t know Clickbank charge you for dormant accounts, thanks for pointing that out, Sally
Sally Neill´s last blog ..Brain Dumping And Play Time
Hi Barbara,
I am a current student of Alex and going down the list generated by the Traffic Network Builder and saying “Hi”.
Excellent info on Clickbank, I know there had to be a downside somewhere. I got the ebook.
Please stop by my blog and help me with the contest we have going.
Love you logo!
Janice Phillips´s last blog ..I Want A Traffic Jam …
Hi Barbara, I know exactly what you’re talking about.
I have a product in the gardening niche. It didn’t take off real well in the beginning and I had to deal with some of those issues.
I got the ebook a while back and that helped.
Great post.
Keep it up,
Mike
Mike Helton´s last blog ..Building Relationships Through List Marketing
Barbara-
Thanks for letting people know the ins and outs of Clickbank. It is a great resource for affiliates to make money, but just like anything else….there is no free lunch. A lot of time people will miss these things in the TOS, so it is good that someone (like you) has pointed out the important points!
Jerry
TheOnlineSuccessProgramBlog.com
Jerry @ TheOnlineSuccessProgramBlog.com´s last blog ..Traffic Tip #8 – Advance Your Search Engine Rankings
Hi Barbara
Yes I found out all those rules the hard way and it took me ages to get the different credit cards etc and make the minimum payment. They have also deducted money from me while I was waiting for that first payment due to inactivity. I have experienced it all
Now, however, once I got past that threshold I was ok and I have been going strong with them ever since as an Affiliate Marketer.
Its difficult for the newbie but one day you find you aren’t a newbie anymore.
Pauline´s last blog ..Video Marketing using Articles
Hi Barbara,
I like the layout of your site by the way … it looks like a LOT of AJ’s students have used the same or similar layout so I guess it’s one that’s proven to work well ?
Anyway I had about $150 in one CB account and had set the threshold at $250 but I didn’t know about the rules you quoted back then.
I left that sitting there knowing that a few aff links using that account were ‘out there’ in cyberspace and concentrated on another CB account for a long while and forgot about my first one.
I was shocked (and just a little annoyed !) to find on logging back in that my $150 had dwindled to a big fat zero so I discovered the rules you mentioned the hard way LOL
I’ve now countered the inactivity problem by having a few recurring billing payments coming through each month but I’m now hitting the CC problem and have about $450 stuck in one CB account.
Most sales I seem to get are paid via Paypal and I think that people are less wary of that payment method than putting CC’s into the payment loop … maybe that’s why CB keep this ridiculous rule going ?
All the best and good luck with everything you do !
Hi Barbara, great post. This is what good posts are made of. I don’t even have to think about what to write. I love it when it just flows. This information is what most gurus wont’ tell you when talking about Clickbank.
I don’t usually allow links in my comments on my blog but I allowed the link to this post because it think it is most important for people to know about.
Your post and my post about Clickbank Barbara, will truly educate people and really make them think. Everyone please leave your thoughts, we would all like to know so we can learn.
http://terryconti.com/sell-your-ebook-on-its-own-or-put-it-on-clickbank-what-do-you-think/comment-page-2/#comment-626
Terry Conti´s last blog ..Sell your ebook on its own or put it on Clickbank What do you think