Losing Sales from Non-Paypal Customers
The reason I ask is that for my recurring membership plan, I use Paypal. I tried to use Clickbank but after a lot of back and forth, they did NOT approve my product and seemed to have so many funny objections (like "you have to introduce a new video every month if you want to create a recurring product" and other silly stuff).
This is a non-IM niche of business students trying to graduate, and they just want access to my video lessons/tutorials during the whole semester, but it's impossible to predict exactly what stage of the semester a student is in, and which videos he needs to watch at a particular time; so I can't "drip" the content as Clickbank suggests.
They also earlier disapproved my product because they no longer accept products for "finance" (perhaps lumping me together with get-rich-quick stocks/options vendors for which they got lots of chargebacks/refunds) but let it through later on when I changed product name from "finance and business tutorials" to just "business school" tutorials... DUH! but then later took issue with my membership content not being "dripped."
I've for YEARS been using Paypal and have had no issue with members' sustainability by giving access to all video content at once. To make a long story short, I've given up on Clickbank and their ridiculous approval process for my first product (I've been using them as an affiliate for years, with good standing and very tiny refunds, if any. Can't even remember the last time).
But the problem with Paypal is that buyers MUST open a Paypal account for recurring billing (cannot be just a credit card payment).
So, how much sales am I losing from customers who don't have (or refuse to open) a bonafide Paypal account?
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