ClickBank BIG ANNOUNCEMENTS...

9 years ago

As someone who is about to upload their first product, which one would you recommend? In what ways has CB treated you as shit?

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Kay King 9 years ago

Problems for new marketers of CB products are a couple of what I consider predatory practices...

1. requiring a certain number of different credit cards to be used for purchases before you qualify for your first payment of commission. Paypal payments don't count toward that minimum (unless CB has changed that recently).

It's easy to get past this restriction (think friends and family) but many new marketers don't really READ the terms so are shocked by the requirement.

2. If you have not met your minimum payout or have not reached the number of credit accounts required...your commission sits in your CB account. After 90 days (or is it 60 days?) CB starts taking monthly "maintenance fees" from your commissions and the fee amt keeps increasing till the acct is at $0.

It could be CB has changed some of the practices - but if so I'm not aware of it. It's the combination of #1 and #2 that I consider "predatory".

Edit: I agree the customer service angle is poor at best. Too often, it seem you have to check your affiliate links frequently as they seem to "slip off" resulting in lost commissions.

The refund rate for IM products is often high because the easy refund policy of CB is well known in IM. Refund rate on non-IM products has never been a problem for me.
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Brent Stangel

9 years ago

In what ways has CB treated you as shit?

Very poor CS in the last couple years. I had some major problems with reporting and they just blew me off in a very insulting manner. The feeling I've gotten recently is that they just don't care as much as they claim.

But mine is just one experience.

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pischiopish

9 years ago

Originally Posted by Brent Stangel

Very poor CS in the last couple years. I had some major problems with reporting and they just blew me off in a very insulting manner. The feeling I've gotten recently is that they just don't care as much as they claim.

But mine is just one experience.

I have no idea when their reporting got awry. But basically my balance in both accounts has been zero since the last two years

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nicheblogger75

9 years ago

My problem with Clickbank is it seems just about every single time I make a commission there, it gets refunded a week or so later. It's not like I even promote any shady products. Actually, the only CB product I promote nowadays is a mainstream MMO product that is very popular. I also own and use the product all the time myself, so I know it's a good product and I know it works.

I promote mostly JVZoo and W+, and I hardly ever have a refund there. I think maybe it could be that the price point on many of the FE products on JVzoo and W+ is lower than most CB products in the MMO niche. If that's not it then maybe it's just that word has gotten around about how easy it is to buy a product off CB and then get a refund.

At any rate, I got turned off by that nonsense 2 or 3 years ago. Unless they do something really extraordinary, I'll stick with JVZoo, W+ and the 3 CPA networks I promote.

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wolfmmiii

9 years ago

Originally Posted by nicheblogger75

the only CB product I promote nowadays is a mainstream MMO product.

^^^^this is why you keep getting hit with refunds^^^^

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pischiopish

9 years ago

Originally Posted by wolfmmiii

^^^^this is why you keep getting hit with refunds^^^^

Not true. Refunds typically have little to do with niche and more with the quality of product being sold. No offense meant to any cb seller here but a lot of products on sale at Clickbank are junk to be honest

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nicheblogger75

9 years ago

Originally Posted by pischiopish

Not true. Refunds typically have little to do with niche and more with the quality of product being sold. No offense meant to any cb seller here but a lot of products on sale at Clickbank are junk to be honest

The product I'm promoting is actually a great product, especially if you are a newbie. I know the product works because I make money with it myself.

The more I think about it the more I am beginning to believe that maybe because it is geared toward newbies a lot of people buy it, realize what is actually involved, and then back out without giving it enough time to work.

Just a theory.

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professorrosado 9 years ago

It may be due to many looking for quick and easy - they invest and re-invest the same $27, $47, etc. and back out if they have to press more than two buttons to get any traction.
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agmccall

9 years ago

One of the things that ticks me off. As an affiliate, I just want some simple metrics. They use "Gravity" which noone really knows what it is for sure. Just tell me how many sold in a month and what the refund rate is.

Also they should have a back end interface so we can easily get in contact with the product owners for questions and ideas.

al

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Harvey Segal

9 years ago

Originally Posted by Kay King

Paypal payments don't count toward that minimum (unless CB has changed that recently).

Paypal payments are now included

Originally Posted by Kay King

If you have not met your minimum payout or have not reached the number of credit accounts required...your commission sits in your CB account. After 90 days (or is it 60 days?) CB starts taking monthly "maintenance fees" from your commissions

It's 90 days and the 'maintenance' fees are incurred if you don't make a sale (nothing to do with number of credit accounts required)

.

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nicheblogger75

9 years ago

Originally Posted by agmccall

One of the things that ticks me off. As an affiliate, I just want some simple metrics. They use "Gravity" which noone really knows what it is for sure. Just tell me how many sold in a month and what the refund rate is.

Also they should have a back end interface so we can easily get in contact with the product owners for questions and ideas.

al

If they ever started revealing the refund rates nobody would ever promote anything from there!

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Sarevok

9 years ago

Originally Posted by Brent Stangel

Apparently CB still wants to be your affiliate platform...

I haven't promoted a CB product in around six months. Since JVZ and others came on the scene they have appeared to me to be struggling and scrambling to stay in the main stream.

Now more "big improvements" are announced:

BIG ANNOUNCEMENT #1: ClickBank is Teaming Up With BuildGrowScale.com As Our Business Education Partner!

ClickBank has secured the services of Tanner, Los and the whole Build Grow Scale team to share their cutting edge tactics, strategies and systems with the ClickBank community.

This means you no longer have to struggle with which strategies and techniques to apply to your business, and which ones to ignore. Tanner & Los will bring that knowledge AND the training to go along with it right to your email inbox every week.

BIG ANNOUNCEMENT #2: Digital Alchemy - The Online Business Podcast Powered By ClickBank

As part of the CB/BGS education deal, Tanner Larsson & Los Silva have launched a new podcast specifically for ClickBank vendors and affiliates called Digital Alchemy.

Digital Alchemy will have new episodes released every Monday Wednesday and Friday.

BIG ANNOUNCEMENT #3: CBLabs - Your Online Business Training Portal

As I mentioned in the first announcement, BuildGrowScale is known for the quality of their online business training materials and they have agreed to share that material with you through the soon to be released CBLabs Business Training Portal.

And Tanner & Los have also agreed to create customized and specific online business training based on the needs and requests of the ClickBank community.

----------------

So are you impressed? Do you intend to avail yourself of these new "tools?"

I have very mixed feelings about CB. They made it easy for me to make a lot of money, but they also treated me like shit in some respects.

Do you think CB will soon go the way of the dinosaurs??

Thanks for reading,

Brent

Where did you gather this information by the way?

I feel like I'm out of the loop.

In any event thanks for the heads up.

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DigitalBusker

9 years ago

[QUOTE=Sarevok;10243470]Where did you gather this information by the way?

I feel like I'm out of the loop.

In any event thanks for the heads up.]

Got an email from them earlier this afternoon

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Kay King

9 years ago

Harvey - If indeed Paypal accts are now included - that might solve the first problem for many marketers...and perhaps the second one.

incurred if you don't make a sale (nothing to do with number of credit accounts required)

That's where I disagree. Too often money was in those accts only because the new affiliate did not "qualify" to be paid because he did not have enough credit cards used.

If paypal is now counted, that should solve the both problems.

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Sid Hale

9 years ago

Originally Posted by Kay King

Harvey - If indeed Paypal accts are now included - that might solve the first problem for many marketers...and perhaps the second one.

If I'm not mistaken...
Paypal is counted as ONE payment source, not one source for each PP account that made a purchase.

If I'm correct, that still leaves 4 additional payment methods required.

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Harvey Segal

9 years ago

Originally Posted by Sid Hale

If I'm not mistaken...
Paypal is counted as ONE payment source, not one source for each PP account that made a purchase.

If I'm correct, that still leaves 4 additional payment methods required.

Just one other additional payment method will do if you have 4 Paypal sales.

From
https://support.clickbank.com/entrie...on-Requirement

ClickBank will withhold payment of any balance until an account shows a minimum of 5 sales using at least two of the following payment methods:
American Express
Carte Bleue
Diners Club
Discover
ELV (European Direct Debit)
JCB
Maestro
MasterCard
PayPal
Visa

.

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vincent corleone

9 years ago

I am not familiar with cb .. who recommend to teachers

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pischiopish

9 years ago

Originally Posted by Brent Stangel

Do you intend to avail yourself of these new "tools?"

How can I? I got no such notification from CB and I have two accounts with them (affiliate and vendor). Oh well, what the hell I never made anything significant with CB anyways

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Janice Sperry

9 years ago

Originally Posted by Brent Stangel

So are you impressed? Do you intend to avail yourself of these new "tools?"

Do you think CB will soon go the way of the dinosaurs??

I think it is a good idea for CB to provide more training. I don't really need any training but it could sure help some newer affiliates.

No I don't think CB will go the way of the dino's any time soon. They still are a good platform for a lot of vendors and affiliates making a lot of money.

To respond to some of the other replies:

I don't think any of the affiliate platforms mentioned necessarily rise above the others.

CB, JVZ and W+ all have:

Good products and terrible products.
Good vendors and terrible vendors.
Good affiliates and terrible affiliates.

I can't speak to the customer service issues because I have never had a problem with any of them that was not resolved promptly.

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johnweyer

9 years ago

So I watched the promo video and I am interested in the training. The CBLabs sounds very comprehensive and worthwhile. But all good pitches do. I'm wondering if anyone has experience with Tanner Larsson & Los Silva. I dont want to waste my time and refund if its the same old crap. You know, "I will teach you what I think will work even though I never did it but it sounds like other people might have." Lots of that being sold. Just wondering how legit it might be. Anyone?

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iVlog

9 years ago

CB had better days ... but it's never too late for a comeback.

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swtp43

8 years ago

I notice no one has responded to the 'KEY' question in all this discussion. Who are Tanner Larsson and Los Silva? I've heard Tanners name and he has put out a lot of different products but what real experience has he? As for Los, I've never even heard the name.

Has anyone here purchased any of their products and had real success following their instruction? As we all know creating a lot of products does NOT necessarily mean you know what you are touting from experience. Good research and writing skills make a good guru in the eye's of many.

So, bottom line, can anyone give credit here from experience and not just the impression of success form the amount of products produced?

I'll be honest here, I was considering joining the site, but came here for feedback first. I tend to trust warriors opinions more than I do what is touted on any sales message. And their message is enticing. Don't they look dapper in their new suits?

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EnlighCity

8 years ago

Originally Posted by swtp43

I notice no one has responded to the 'KEY' question in all this discussion. Who are Tanner Larsson and Los Silva? I've heard Tanners name and he has put out a lot of different products but what real experience has he? As for Los, I've never even heard the name.

Has anyone here purchased any of their products and had real success following their instruction? As we all know creating a lot of products does NOT necessarily mean you know what you are touting from experience. Good research and writing skills make a good guru in the eye's of many.

So, bottom line, can anyone give credit here from experience and not just the impression of success form the amount of products produced?

I'll be honest here, I was considering joining the site, but came here for feedback first. I tend to trust warriors opinions more than I do what is touted on any sales message. And their message is enticing. Don't they look dapper in their new suits?

This is a really good post, and these are the questions that need to be answered.

I mean it's great that ClickBank is focusing on training affiliates and vendors to create more effective marketing strategies and implementing tools, etc, but what I would much rather have are insights into some of the top performing affiliates and vendors who have actually made a substantial amount of money selling affiliate products, rather than more marketing buzz.

Secondly I don't know if it's just me but I'm finding it rather difficult to find free or next to free places to advertise or otherwise promote my ClickBank products to attract new affiliates. Their marketplace listing is set up to show the top performing affiliate products first-- to then gradually progress down a sliding scale. But when you list a new affiliate product, the only options I have found to promote it are a couple small dedicated forums, a few event listing websites, and paid options such as CPC marketing to recruit affiliates. It's a minimum spend of $500 to promote your product over ClickBank (only products with a hstory of sales), around $300+ on ABestWeb per month for a marketplace listing, etc.

I spent about $5000+ developing my products as I'm an author and I'm now spreading the reach of my products further into the online market. I guess it's a pretty common myth that once you get your products approved and onto the ClickBank marketplace everything will work itself out.

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Randall Magwood

8 years ago

Originally Posted by Brent Stangel

Do you think CB will soon go the way of the dinosaurs??

No. As long as there are direct marketers who know how to sell a product on Clickbank to the right targeted audience (or person)... they will still remain in business. I imagine the CEO of Clickbank knows alot about internet marketing also - being as they're one of the premier affiliate networks on the internet.

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Brent Stangel

8 years ago

As long as there are direct marketers who know how to sell a product on Clickbank

As long as there are marketers who want to sell a product on CB.

I can't remember the last Time I saw a big launch on CB. All the product creators I know who produce quality and sales, launch on JVZ.

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Nick Sammut 8 years ago

Clickbank have been major hypocrites in the past. They built their business on crappy, hyped up products, then they decided to kick all of them off their platform. Those crap products made them into the giant they are today.
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