Make Money With Clickbank -- how do you know which products will be profitable for you?
This thread is really for anyone who is new to internet marketing and wants to understand how to choose the most profitable products from the Clickbank marketplace to promote and make money.
Taking this time to educate yourself and learn the skills to choose profitable products to promote from Clickbank will save you from countless hours of wasted time, effort and money promoting products that just don't sell.
Trust me, I would know, since I myself have wasted many, many hours of my time, effort, and money.
Okay, so let’s dive in…
First off I would like to begin by asking you this simple question…
Do you know how to choose a product from the Clickbank market place that you know will be profitable?...
Well, if your answer was, “No”, don’t get angry or upset. We’ve all been in your position before starting our internet marketing careers.
You see, when it comes to choosing profitable Clickbank products it is a good idea to have a checklist that you can refer to whenever you’re deciding if a product is going to be profitable for you or even worth your time and effort.
The top three things you should look at are the Gravity score, the salesletter, and the commission rate.
1. The Gravity Score:
What exactly is Clickbank gravity?
This is a question that continues to baffle most newcomers and beginners.
According to Clickbank, the gravity score is:
The number of distinct affiliates who earned a commission by referring a paying customer to the vendor's products.
This is a weighted sum and not an actual total. For each affiliate paid in the last eight weeks they add an amount between 0.1 and 1.0 to the total. The more recent the last referral, the higher the value added.
It doesn't actually have anything to do with the total amount of sales that have been made for a particular product.
To put it more simply, a high gravity score indicates that affiliate marketers are earning plenty of commissions on sales from the product.
A low gravity indicates that there haven't been many sales for the product at all.
So as you can see the actual gravity of a product is an important indicator of how successful a product is selling.
Then again, there are lots of extremely valuable products on Clickbank that have a far lower gravity score with less competition.
Of course the choice is completely up to you, but I recommend that you keep your product choices limited to ones with a gravity of 20 or higher. Because most products below that just won't make any money for you no matter how much you promote them.
2. The salesletter
The effectiveness of the salesletter to convert visitors into customers will have a big impact on the amount of commissions that you make by promoting the product.
That is why you should take some time and evaluate the salesletter of the product's that you are thinking about promoting. Just because the product has a high gravity score doesn't mean that it will convert into sales for you.
Have a look at the salesletter and determine whether or not you think the product will sell well for you.
Keep in mind that this is the website that you will be sending your subscribers and customers to and it will impact your business in more ways than one.
3. The commission rate
As an affiliate, you should try to find products that offer a commission of at least $20 per sale.
Anything below that amount usually isn't worth your time and effort to promote heavily.
Especially if you are planning on spending advertising dollars to promote it. While there are exceptions to this rule depending on what market you are in, it is a good guideline to follow.
Keep in mind that it will take just as much effort to market a low priced product as it will to market a higher priced product.
You will find products in the Clickbank marketplace that range anywhere from a few dollars to hundreds of dollars.
The key is to find one that meets your criteria and fits well into your overall marketing strategy.
I hope this may help a few here - as this confused me TONS when I began - and it took me MONTHS (literally) to finally understand!!! But then again it does take me a bit of time to understand things that often turn out to be so simple in the end (yea...that's just my luck!).
Kindest,
Sonam
Blogger at RicherOrNot.com (Make Money online blog but also promoting ethical internet marketing)
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