Clickbank's pricing limitations - what now? | Warrior Forum - The #1 Digital Marketing Forum & Marketplace

14 years ago

My understanding was that the limit would be raised once your account was established. I could be wrong tho.. none of my products on there are over 100

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John Romaine

14 years ago

Not quite sure what you mean by "established" Im way past my third cheque, Im now at direct deposit - I have two products that sell daily. Im not sure what to do from here???

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mylesagnew 14 years ago

I have two products that sell daily. Im not sure what to do from here???

Paydotcom is a good alternative I personally setup my products with two domains one for click bank affiliates and one for paydotcom I use the same backend system, sales copy etc just different payment link for the buy button.
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gottahave

14 years ago

Get it into PayDotCom while you work out your next step.

Neil

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John Romaine

14 years ago

I dont have any problems using paydotcom, however for management reasons, I would much prefer to keep everything centralized. Ill have to have a read of CB policy some more.

So frustrating...

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Jay Jennings

14 years ago

Did you ask them what to do to make it higher? There are $100+ products on CB, so it's not something new you're wanting.

Jay Jennings

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Platinum Matt 14 years ago

Establish a track record with them selling this product at $100... once they can see the chargebacks are low, refunds are low and they have been that way for a while (I'd say 6 months or so) then ADD an additional bonus product that you use as an upsell and request the price limit increase due to this.

They will grant it.
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Mark Blaze

14 years ago

Not that well versed in the clickbank selling arena at the moment but don't they have a 1 click upsell option?

So you could split the ebook up (maybe) and sell the front end for $97 and the backend upsell for $47??

Mark Blaze

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rahulchandra

14 years ago

Originally Posted by Mark Blaze

Not that well versed in the clickbank selling arena at the moment but don't they have a 1 click upsell option?

So you could split the ebook up (maybe) and sell the front end for $97 and the backend upsell for $47??

Mark Blaze

They don't have a one click upsell option,
the user has to again enter his/her details when buying an upsell.
But what Mark saying is right you can split up your product in two
ebook/video and offer them that way,

although I won't suggest making front end 97 and upsell 47
since a customer just bought your ebook for 97, and now you
are offering video for 47, thats more like a down sell and reflects
that your videos are less worthy than your ebook, and videos have a high
perceived value.

I'd say sell your ebook for 47 and offer videos as an upsell for 97
or something, that way you and keep your buyers and upsell buyers
list separate so you know which ones are more likely to buy a high ticket item from you in the future..

Cheers and all the best with your launch!
Rahul

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Mark Blaze

14 years ago

Originally Posted by rahulchandra

They don't have a one click upsell option,
the user has to again enter his/her details when buying an upsell.
But what Mark saying is right you can split up your product in two
ebook/video and offer them that way,

although I won't suggest making front end 97 and upsell 47
since a customer just bought your ebook for 97, and now you
are offering video for 47, thats more like a down sell and reflects
that your videos are less worthy than your ebook, and videos have a high
perceived value.

I'd say sell your ebook for 47 and offer videos as an upsell for 97
or something, that way you and keep your buyers and upsell buyers
list separate so you know which ones are more likely to buy a high ticket item from you in the future..

Cheers and all the best with your launch!
Rahul

Damn that's annoying that they have to again enter in their details to buy the upsell/downsell.

You would have thought they would have made it alot easier so that they make more money too.

Thanks for clarifying

Mark Blaze

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Harvey Segal 14 years ago

Originally Posted by rahulchandra

They don't have a one click upsell option,
the user has to again enter his/her details when buying an upsell.

Actually they do

One-Click Upsell

but a new ClickBank vendor would not meet the requirements

Harvey
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- rahulchandra 14 years ago
  
  Originally Posted by Harvey.Segal
  
  Actually they do
  
  One-Click Upsell
  
  but a new ClickBank vendor would not meet the requirements
  
  Harvey
  
  I didn't know about this..
  
  I guess because of this
  An upsell cannot be "one-click" if:
  
  The customer pays for the initial purchase in one of the following currencies: CHF, DKK, EUR, GBP, NOK, SEK.
  
  The customer pays for the initial purchase with PayPal.
  
  The product being upsold is a shippable product.
  
  The product being upsold has a recurring billing component.
  
  Most of my transactions are through paypal
  
  Thanks
  
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  Nothing To See Here..
  Move Along Sir
  
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Slin

14 years ago

I would email them, I have bought products on clickbank over $100.

I do agree with other people though, upsells are probably the way to go.

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John Romaine

14 years ago

Thanks for the responses guys, I appreciate it.

I have no doubts that this product is worth $147 all day. Infact if anything I should be selling it much higher. Ive tried adding it as a new product within clickbank under a new account. If they dissaprove it, Im gone.

Ill take my business over to paydotcom or another service provider - I dont have time for this ****.

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Alexa Smith

Banned 14 years ago

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Mark Blaze

14 years ago

Originally Posted by Alexa Smith

They mean "established as a vendor", having had a previous product with only few refund requests and so on. :rolleyes:

Probably very wise, John. Clickbank just don't care.

If this product is also in a market that doesn't have many if any products on clickbank already then you are even wiser not to use them... to often i see people just buying and copying products to make a quick $ and pricing them lower or the same and throwing in a crappy PLR bonus to make it seem more valuable.

Just make sure you can get the affiliates in for it because as far as im aware the affiliate force over at paydotcom isn't too strong.

Mark Blaze

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Platinum Matt

14 years ago

Originally Posted by Alexa Smith

They mean "established as a vendor", having had a previous product with only few refund requests and so on. :rolleyes:

Probably very wise, John. Clickbank just don't care.

There you go again with the Clickbank bashing... Clickbank DO care, it's obvious that at some point along the way you felt they didn't care about you.

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Alexa Smith

Banned 14 years ago

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jasondinner

14 years ago

Originally Posted by Alexa Smith

They could have fooled many, many, many of their affiliates, then. What I see online, all over the place (not just here) are accounts of their "customer service" like this one (just to take the most recent one I've seen, within the last half-hour - I could list 300 others), in which, usually, the key words are something like "Clickbank did nothing about it". So my impression and those of so many Warriors and others are clearly very different indeed from yours. But no great problem with that, I think: we're all entitled to our opinions, after all?

Yeah, they're not perfect and certainly have their issues (as do most big companies doing massive amounts of sales volume every day).

However, I love them because they send me money every week and have never been late.

Plus, the accounting they do FOR you (if you're a vendor) far outweighs their shortcomings.

More than I can say for many other non-clickbank products i promoted over the years.

- Jason

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Alexa Smith

Banned 14 years ago

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jasondinner

14 years ago

Originally Posted by Alexa Smith

Yes, I agree this is their huge advantage. You always get paid on time. I think, for vendors, you always get paid reliably and on time. For affiliates you get paid fairly reliably (at least, I think I do) and always on time.

Yeah, they never are late.

I do direct deposit for my main accounts, but a new account I set up for PPC affiliate marketing just met their requirements to qualify for it's first commission payment and the check just came in the mail today.

I think I may leave this one set to send checks bi-weekly because I miss the Clickbank checks

Also, I'm in agreement with the other guys Marc-D and tryinhere with regards to splitting the $147 into two payments.

However, I still believe and would put money on it that $97 will convert a ton better. Maybe even by 2 to 1.

- Jason

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duncanb

14 years ago

For a premium product like that at 147usd i would not be inclined to use click bank to promote it but instead generate interest through other more direct streams.

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John Romaine

14 years ago

Well Im in two minds about what to do with this. CB is well known in the market place yes, and I guess its great for attracting affiliates - but Im pretty annoyed that they can dictate what my product is worth. On top of that, I have to wait another "3 business days" for my product to be reviewed....and and and....

Dont mean to whinge, but can someone offer me some alternatives to CB as a payment processor?

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jasondinner

14 years ago

Johnny!!!

If you really think about it, the $3000 invested in this product should not dictate any price you think it should sell for.

I know people who have spent far more in development costs for a widget and give the thing away for free.

Let go of the $147 price point for now and just sell it for $97.

All you have to do is make 30 sales yourself to break even and 60 if all are affiliate sales at 50% commissions.

With a good launch or some good traffic generation you do yourself, you can get into profit within days, or even hours.

Use this "pricing limitation" you are experiencing as part of your hook in your sales copy
when you get to the part where you tell them how much or how little they can have it for.

You can say something...

"Listen, because this product is so powerful and can really help you achieve xyz, I wanted to price it at $147. However, due to Clickbank's strict pricing limitations on new vendors (i'm not new at marketing, by the way), they are forcing my hand and making me give it to you at a deep discount of $97."

You see what I'm saying? It's not a bad thing what they're doing.

I'll even bet your conversions will be higher if it's priced under $100 anyway.

If you are so concerned with the pricing, have an upsell after the front end sale for advanced training of some sort, and sell it for $47.

Either way, the seed I see in your pricing adversity is that your conversions will be MUCH HIGHER and you will end up making more money anyway.

And it's a great reason why to offer the lower price

Hope this helps

Jason

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John Romaine

14 years ago

Originally Posted by jasondinner

Johnny!!!

If you really think about it, the $3000 invested in this product should not dictate any price you think it should sell for.

I know people who have spent far more in development costs for a widget and give the thing away for free.

Let go of the $147 price point for now and just sell it for $97.

All you have to do is make 30 sales yourself to break even and 60 if all are affiliate sales at 50% commissions.

With a good launch or some good traffic generation you do yourself, you can get into profit within days, or even hours.

Use this "pricing limitation" you are experiencing as part of your hook in your sales copy
when you get to the part where you tell them how much or how little they can have it for.

You can say something...

"Listen, because this product is so powerful and can really help you achieve xyz, I wanted to price it at $147. However, due to Clickbank's strict pricing limitations on new vendors (i'm not new at marketing, by the way), they are forcing my hand and making me give it to you at a deep discount of $97."

You see what I'm saying? It's not a bad thing what they're doing.

I'll even bet your conversions will be higher if it's priced under $100 anyway.

If you are so concerned with the pricing, have an upsell after the front end sale for advanced training of some sort, and sell it for $47.

Either way, the seed I see in your pricing adversity is that your conversions will be MUCH HIGHER and you will end up making more money anyway.

And it's a great reason why to offer the lower price

Hope this helps

Jason

Jason, I understand your point and acknowledge your reasoning. By no means am I suggesting that I sell this product for a higher price, simply because I invested a few thousand into it, not at all. As already said, Im probably selling it for a lot LESS than I could. I know of an established competitor that sells their product -- which is very similiar -- at $247.

I was only sharing what I had invested into this product to give some idea of the level of quality I have put forward. Im not suggesting by any means that $3,000, is a lot of money -- it isnt -- what I am saying however, that this isnt just some "quick slap happy ebook" that Ive chucked together in a weekend that I intend on selling at $150 bucks.

The whole point of this exercise is to move away from pushing dicky low end products for $17 on how to decorate pine cones. I dont see the point in it.

It takes just as much effort and time to push a $200 product as it does a $20 one.

Ill break a few more keyboards then see how I feel tomorrow

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jasondinner

14 years ago

Originally Posted by ramone_johnny

Jason, I understand your point and acknowledge your reasoning. By no means am I suggesting that I sell this product for a higher price, simply because I invested a few thousand into it, not at all. As already said, Im probably selling it for a lot LESS than I could. I know of an established competitor that sells their product -- which is very similiar -- at $247.

I was only sharing what I had invested into this product to give some idea of the level of quality I have put forward. Im not suggesting by any means that $3,000, is a lot of money -- it isnt -- what I am saying however, that this isnt just some "quick slap happy ebook" that Ive chucked together in a weekend that I intend on selling at $150 bucks.

The whole point of this exercise is to move away from pushing dicky low end products for $17 on how to decorate pine cones. I dont see the point in it.

It takes just as much effort and time to push a $200 product as it does a $20 one.

Ill break a few more keyboards then see how I feel tomorrow

Ok, then don't use clickbank to sell it. That's the fastest way around this issue.

Sure you will lose the affiliate marketplace (which can be golden if your product gets enough gravity to rank on the first or second page for its category), but you can sell it for whatever price you want mostly everywhere else.

I saw some people mention PayDotCom. Great alternative to clickbank when it comes to pricing and there are super affiliates that promote stuff there as well.

You can also use 1 shopping cart or infusionsoft so you have complete control over pricing and who you let promote your product.

Or you can keep pressing the issue with Clickbank. Show them your competitor's product and their price point as a reference to help sway them to give you the higher limit.

And I said $97, not $17 son!!

$97 is still a respectable price IMHO and even considered high by many folk. It will convert more than $147, resulting in you making more money anyway.

Smash some more keyboards and then take a few deep breaths. The solution will come to you when you are ready for it.

Let us know what you decide to do

Jason

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butters

14 years ago

Originally Posted by ramone_johnny

I was only sharing what I had invested into this product to give some idea of the level of quality I have put forward. Im not suggesting by any means that $3,000, is a lot of money -- it isnt -- what I am saying however, that this isnt just some "quick slap happy ebook" that Ive chucked together in a weekend that I intend on selling at $150 bucks.

Money doesn't mean it is "quality"... Use paydotcom, test your prices, if you make more profit selling the product below 100 bucks, switch over to CB.

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John Romaine

14 years ago

Thanks dude.

Ill check out 1 shopping cart and infusionsoft.

By the way, you wanna copy of my $17 "how to decorate pine cones" ebook?

Just kiddin'

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John Romaine

14 years ago

Anyone heard of these guys??

Plimus - Sell Online, Web Ecommerce, Online Shopping Software

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WD Mino

14 years ago

or you could do tradebit John

They seem to have a lot of warriors on there.
-WD

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John Romaine

14 years ago

Im starting to get that sinking feeling that CB are my only REAL options....

*still looking

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Desmond Ong

14 years ago

Hey there,

What Jason Dinner mentioned is correct.

Me and my team spent $6.2k (that's right, twice of your development cost) to develop a full video series.

But we were only selling it at $47. (not even close to a hundred bucks)

And it's selling darn pretty well...my affiliates love me for it because the refund rate is almost zero.

If you are still not happy, heck, start selling it at $97 and once you made a few thousands bucks for a couple of month, ring ClickBank up and tell them about your pricing problem.

If they see you as a genuine vendor who follows their rules -- yes, they will approve you.

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rahulchandra 14 years ago

I know its out of topic...

But did you change your Avatar pic?

Back to topic, contact everyone you know is selling
something in your niche and ask them to promote your product
if your product is genuine and 10 out of 100 people
agree to promote it for you, then do an internal launch,
use scripts such as RAP or BFM then go to clickbank with your data
and tell them about the success/conversion rate of your launch
with the price you think is optimal..

If it makes sense, I am sure they would consider your price points...
Rahul
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Colin Theriot

14 years ago

I actually really like the potential of the marketing "story" you have with this product. The whole "forced to sell this for less, so get it now before I switch vendors and raise the price" idea. You could induce some scarcity - TRUE scarcity just by telling your story. A hot product at $100 is better than a non-scarce product at $150 I'd bet. Only way to know is to try it though. If I was your copywriter, I'd talk you into using that story though.

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James Dyson

14 years ago

I haven't seen anyone here recommend Nanacast as an alternative affiliate and product management system. They have many of the features of infusionsoft (apart from the email management - but im sure you're using aweber or similar already) and they are priced a lot less!

The creator is Josh Anderson and he's a warrior here too. Might be worth a look for you if you decide to stray away from CB

~James Dyson

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iVentureBiz

14 years ago

Not sure if it's been mentioned but what about breaking it into 2 payments using CB's recurring payment option?

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tryinhere

14 years ago

my thoughts are one, can the duration of a residual payment be set to just 2 monthly payments in clickbank as one option.

:-) you beat me by the click of a button mark-d /\

the next is a big if, and that is if the commission is set at 75% then by changing that to 60% you still get approx the same return

147 * 25% return = 36.75
97 * 40% return = 38.80 ( a 60% affiliate com on a hot selling product is still not to shabby when i went to school )

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Sylvia Meier

14 years ago

With Barter Arbitrage we had looked at clickbank and were told the $100 cap as well, BUT she stated if we sold for 8 weeks with high levels of sales and low refunds they could at that point increase it. SOOO you could always sell it at $97 for the two months, as a SALE price and then up it to the $147 price point once you are able to. If you already have your sales page primed to sell it for $147 it should easily sell much better at $97.

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Midnight Oil

14 years ago

Originally Posted by ramone_johnny

Now it seems that after all my efforts, that Clickbank will only up my pricing limitation to $100.

Have you tried sending them a nice e-mail explaining that you've been a vendor for x amount of time and would really appreciate the increase in order to sell your premium product through them?

I know that may sound simplistic, but several years ago they bumped my limit from $100 to $500 when I did just that. The only difference was that I asked for the increase in order to sell advertising slots on one of my sites.

Just a thought.

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John Romaine

14 years ago

Well as it turns out, (for those that are interested) CB has just now approved my product at $147, under a new account. Not sure exactly why this is...but I can only assume the decision was made perhaps by a different staff member of CB, or maybe its just a case of them wanting the activation fee that I just paid.

Either way, I dont care - Im just glad to be up and running

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Jacer

14 years ago

Originally Posted by ramone_johnny

Well as it turns out, (for those that are interested) CB has just now approved my product at $147, under a new account. Not sure exactly why this is...but I can only assume the decision was made perhaps by a different staff member of CB, or maybe its just a case of them wanting the activation fee that I just paid.

Either way, I dont care - Im just glad to be up and running

In my experience, all it usually takes is an email asking for the higher approval. Glad to hear you're in.

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Clickbank's pricing limitations - what now?

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