My First Clickbank Check....but I have a lot of question. Please open, and help.

18 replies
Hi;

I am so excited today, because after waiting almost a month, I am at last, will get my first clickbank check.

Here the screenshot.



But my friends, to be honest, I am completely blur when see the table.
I've couple of question here.
(before you scold me, I've been browsing clickbank about 30 minutes to find the answer for my question, unfortunately I can't find the answer there)

1. If you look at the table, there is section of credit, debit and allowance.
What does it mean? I tried to add and substract the figures give, but can't get to my Payment Net.

Where do the figures come from

2. Do I always to make at least sale from 5 different vendors everytime to qualified me to be paid by clickbank?

Ahh...there's a lot actually.
But the above one is really bother me a lot.

Please help me somebody.
Thanks
#checkbut #clickbank #lot #open #question
  • Profile picture of the author slowrider
    Credits are your sales (people who bought from you).

    Debits could be returns (people who bought and then requested a refund).

    Allowance is the amount that CB holds from your cheques until the refund period is over. Ex. If someone buys a product with a 60 day money back guarantee, CB will hold some of your sales money to make sure you can refund a purchase if it is requested.

    And, no, CB only needs you to meet the criteria of 5 different purchasers with different credit cards one time. So you should not have to meet the criteria again in the future.

    Hope that helps.

    Kelly

    P.S. Congrats on your first cheque! You must be very excited!!
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    • Profile picture of the author Raja Kamil
      Originally Posted by slowrider View Post

      Credits are your sales (people who bought from you).

      Debits could be returns (people who bought and then requested a refund).

      Allowance is the amount that CB holds from your cheques until the refund period is over. Ex. If someone buys a product with a 60 day money back guarantee, CB will hold some of your sales money to make sure you can refund a purchase if it is requested.

      And, no, CB only needs you to meet the criteria of 5 different purchasers with different credit cards one time. So you should not have to meet the criteria again in the future.

      Hope that helps.

      Kelly

      P.S. Congrats on your first cheque! You must be very excited!!
      Wow Kelly,
      Thank you very much. I've spent all night searching about that.
      You save my life Kelly.

      Thank you very much...
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  • Profile picture of the author VeitSchenk
    Easy (I think)

    at the beginning of the current period you had $963.27
    in the current period you earned $302.11 which was added to the $963.27
    you had debits (refunds plus the processing fee for sending you a cheque)
    of $142.10 which was taken off the previous grand total of $963.27+302.11
    then they also keep some in case there are refunds (allowance)
    which you have to take off as well.
    But: you'll get that eventually, whereas the debits are gone.

    makes sense?

    Veit

    PS: congrats on such a nice first CB check. Mine was only about a third of that, I still remember;-)
    are you willing to share how you got such a steep rise in turnover in recent times?

    Originally Posted by Raja Kamil View Post

    Hi;

    I am so excited today, because after waiting almost a month, I am at last, will get my first clickbank check.

    Here the screenshot.



    But my friends, to be honest, I am completely blur when see the table.
    I've couple of question here.
    (before you scold me, I've been browsing clickbank about 30 minutes to find the answer for my question, unfortunately I can't find the answer there)

    1. If you look at the table, there is section of credit, debit and allowance.
    What does it mean? I tried to add and substract the figures give, but can't get to my Payment Net.

    Where do the figures come from

    2. Do I always to make at least sale from 5 different vendors everytime to qualified me to be paid by clickbank?

    Ahh...there's a lot actually.
    But the above one is really bother me a lot.

    Please help me somebody.
    Thanks
    Signature

    Connect with me on FB: https://www.facebook.com/veitschenk

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    • Profile picture of the author hometutor
      everything they said above is correct. I just wanted to add my congratulations. Whether it's $1.00 or $1000 your first check for making money in your own business is always very exciting

      Rick
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    • Profile picture of the author Raja Kamil
      Originally Posted by VeitSchenk View Post

      Easy (I think)

      at the beginning of the current period you had $963.27
      in the current period you earned $302.11 which was added to the $963.27
      you had debits (refunds plus the processing fee for sending you a cheque)
      of $142.10 which was taken off the previous grand total of $963.27+302.11
      then they also keep some in case there are refunds (allowance)
      which you have to take off as well.
      But: you'll get that eventually, whereas the debits are gone.

      makes sense?

      Veit

      PS: congrats on such a nice first CB check. Mine was only about a third of that, I still remember;-)
      are you willing to share how you got such a steep rise in turnover in recent times?
      Hey Veit, thanks for the info. Really appreciated it.
      As for appreciation, I will share how I did it.

      1. I've collected mailing list.

      2. My problem before this, is I don't have lot of good product to promote for my mailing list.

      3. So my mailing list is dying. They just got once a week of my emails, asking how they are doing and a little bit update about how the niche is going on.

      4. Dead. My mailing list is dead.

      5. What I was doing last time, I was summoning my mailing list to wake up from the grave yard, they are woke up and now became Zombie.

      6. I name it, Promoting To Zombies......

      7. Since Zombie is so thirsty of informations I given them before, I guess this is my time to give them a big cup of drinks.

      8. Guess what? Instead of promoting product with $10 or $20 commission per sale, I now selected the highest commission product I will received from Clickbank.

      At that time, I just found, the highest I can get from my niche is $138 per sale.

      9. But wait, I don't want to promote a product that not everyone of my mailing list can't afford it. So what I did, was, I sent them an email, that asking them, to subscribe to a new mailing list, which this mailing list is so special, where people with money only, will appreciated it.

      10. On my new list, I brainwash the Zombies, that they were not just ordinary Zombie. Instead, they were a Zombie with high appetite.
      They need to work hard or pay more, to eat Big Foot.

      11. Within a week, with my Zombie theory, I managed to earn $879.23 commission.

      The end of my story.



      This is not a joke, till now, I really think that my mailing list is a zombie. When I asking what they want to know, they don't answer me. But when I give them freebies or sell them new stuff, their response are very high.
      Weird but it's true.
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      • Profile picture of the author Mohammad Afaq
        Originally Posted by Raja Kamil View Post

        Hey Veit, thanks for the info. Really appreciated it.
        As for appreciation, I will share how I did it.

        1. I've collected mailing list.

        2. My problem before this, is I don't have lot of good product to promote for my mailing list.

        3. So my mailing list is dying. They just got once a week of my emails, asking how they are doing and a little bit update about how the niche is going on.

        4. Dead. My mailing list is dead.

        5. What I was doing last time, I was summoning my mailing list to wake up from the grave yard, they are woke up and now became Zombie.

        6. I name it, Promoting To Zombies......

        7. Since Zombie is so thirsty of informations I given them before, I guess this is my time to give them a big cup of drinks.

        8. Guess what? Instead of promoting product with $10 or $20 commission per sale, I now selected the highest commission product I will received from Clickbank.

        At that time, I just found, the highest I can get from my niche is $138 per sale.

        9. But wait, I don't want to promote a product that not everyone of my mailing list can't afford it. So what I did, was, I sent them an email, that asking them, to subscribe to a new mailing list, which this mailing list is so special, where people with money only, will appreciated it.

        10. On my new list, I brainwash the Zombies, that they were not just ordinary Zombie. Instead, they were a Zombie with high appetite.
        They need to work hard or pay more, to eat Big Foot.

        11. Within a week, with my Zombie theory, I managed to earn $879.23 commission.

        The end of my story.



        This is not a joke, till now, I really think that my mailing list is a zombie. When I asking what they want to know, they don't answer me. But when I give them freebies or sell them new stuff, their response are very high.
        Weird but it's true.
        This comes to show it's not hard at all.

        You just have to be a little creative and think outside the box.
        Signature

        “The first draft of anything is shit.” ~Ernest Hemingway

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        • Profile picture of the author Raja Kamil
          Originally Posted by Mohammad Afaq View Post

          This comes to show it's not hard at all.

          You just have to be a little creative and think outside the box.
          Yeah Afaq, think outside the box, You are right.
          Still a lot more to do......
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  • Profile picture of the author tjmiller
    Hi, Raja.

    I think I can help.

    Balance Forward (the amount you had in your account up to current date.
    Credits (New Sales)
    Debits (Refunds or other deductions from your balance)
    Allowance (The amount that Clickbank hangs onto - temporarily - to cover possible future refunds.)

    So your check is:
    $963.27 (bal fwd)
    +302.11 (credits)
    -142.10 (debits)
    -112.58 (allowance)
    1010.70 - check

    And no, you don't have to have charges from 5 different people again after the first time, you just have to reach your payment threshold in the future.

    Congrats on your first check!

    Teresa
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  • Profile picture of the author Ashley Wright
    Well done by the way! Now you understand more aswell I guarantee your checks will have higher amounts now
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  • Profile picture of the author tjmiller
    Hi,
    I see that in the time I was typing my answer, you already got your answer. Anyway, congrats and best wishes for lots more where that came from!

    Teresa
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  • Profile picture of the author binarykeys
    As a new Affiliate, being on line for a while...but just now see the light. I thank everyone for explaining these things, it save me time and frustration...now I too know!

    Thanks you tjmiller, VeitSchenk, slowrider and the Raja Kamil.
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    • Profile picture of the author slowrider
      You are very welcome! Keep working hard and making those sales. You are well on your way to success!!
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  • Profile picture of the author Mohammad Afaq
    I guess I'm too late for the rescue but I'll take this opportunity to congratulate you on your first clickbank check.

    Feels good doesn't it

    EDIT: Trust me, it won't be long before this becomes an everyday thing
    Signature

    “The first draft of anything is shit.” ~Ernest Hemingway

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  • Profile picture of the author Raja Kamil
    Hey everyone. Thanks to all. That's why I love warrior.
    You all make my day
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  • Profile picture of the author MilesT
    Woot! that rawks. Good job and it only gets better.
    Signature
    http://www.RedHeadline.com
    Internet Marketing's Top Daily News (Updated today)
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  • Profile picture of the author nnight
    Congrats Raja!

    Just wanted to add that the allowance CB withholds is taken from each paycheck. After 12 weeks pass, they start to add those to your current paycheck.
    So, that $112.58 will be added to your paycheck 3 months from now.

    Cheers!
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  • Profile picture of the author rmolina88
    Congrats! My clickbank account is still all zeroes
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    • Profile picture of the author Raja Kamil
      Originally Posted by nnight View Post

      Congrats Raja!

      Just wanted to add that the allowance CB withholds is taken from each paycheck. After 12 weeks pass, they start to add those to your current paycheck.
      So, that $112.58 will be added to your paycheck 3 months from now.

      Cheers!
      Thanks for the info mate.

      Originally Posted by rmolina88 View Post

      Congrats! My clickbank account is still all zeroes
      No matter what, it is possible.
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