Warriors, How Are these clickbank product owners making money if they're selling crap?

Adie

13 years ago

They could make a lot of sales but make a lot of refunds too... and refunds does not affect gravity I think..

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JohnMcCabe

13 years ago

> Inertia

People say "I need to refund this, right after the Simpsons" and forget all about it.

> Timid

They don't want to embarrass or upset the product vendor, who they imagine worked very hard on the POS they bought, and they wouldn't want someone doing that to them.

> Embarrassed

They don't want to look dumb for buying something that so many others appeared to have success with, and not be smart enough to 'get it.'

> Fear

If they admit that they can't get the big bucks with no work, they have to let go of that fantasy, and they just don't want to face the reality.

As long as those factors are operating, and crap vendors have little to fear in the way of consequences, they'll keep selling their crap.

Oh, and it's not limited to Clickbank, either.

As the saying goes, "there's a sucker born every minute." As long as some shady medicine show peddler can assemble an hour or so worth of suckers, they'll peddle their snake oil. Or someone else will. Supply and demand, friend, supply and demand...

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IcedSEO-CEO

Banned 13 years ago

Originally Posted by JohnMcCabe

> Timid

They don't want to embarrass or upset the product vendor, who they imagine worked very hard on the POS they bought, and they wouldn't want someone doing that to them.

I hate to admit John but I think I'm in this group cos I just bought this Extreme Traffic Bot of crap software and it was just a piece of junk and I'm not into the refunding game (I just hate the seller and move on)

And the funny thing is that most of this $532,985 a month software are just sold for $37 and when you close the page, the seller will be begging for $27 with that their exit crap. it's just too funny.

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Murt@gh

13 years ago

Originally Posted by JohnMcCabe

> Inertia

People say "I need to refund this, right after the Simpsons" and forget all about it.

> Timid

They don't want to embarrass or upset the product vendor, who they imagine worked very hard on the POS they bought, and they wouldn't want someone doing that to them.

> Embarrassed

They don't want to look dumb for buying something that so many others appeared to have success with, and not be smart enough to 'get it.'

> Fear

If they admit that they can't get the big bucks with no work, they have to let go of that fantasy, and they just don't want to face the reality.

As long as those factors are operating, and crap vendors have little to fear in the way of consequences, they'll keep selling their crap.

Oh, and it's not limited to Clickbank, either.

As the saying goes, "there's a sucker born every minute." As long as some shady medicine show peddler can assemble an hour or so worth of suckers, they'll peddle their snake oil. Or someone else will. Supply and demand, friend, supply and demand...

You make some good points John.

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IcedSEO-CEO Banned 13 years ago

Originally Posted by Murt@gh

You make some good points John.

So Murt, do you belong in any one among this class of guys John mentioned?
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Midas3 Consulting

13 years ago

People are gullable, they want the quick hit instant
cash cow that doesn't exist but newbies will suck
this stuff up.

Throw in a bunch of pre-sell from affiliates chomping
at the jaw to be "the man" at the top of the JV list
and you're good to go.

Refund rates in the IM niche can be high, but ultimately
launches like that are a huge list building exercise
as much as they are about the product. The value
is in the backend , cross promotion, high ticket items
continuity etc.

Also think of it like this, the kind of person who thinks
their going to be rich in 20 minutes from now by
pushing a button, has no clue, so there's a big bunch
who wont' refund because they don't know the've been
fed some regurgitated slant on an old game.

To determine somethings rubbish, you have to be able
to separate rubbish from quality and that kind of headline
doesn't appeal to the type of person who can.

Even when you take refunds into account, the vendor
made money, the partners made money, the vendor
built a list he can monetize significantly over time.

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CDarklock

13 years ago

Originally Posted by SimonHarrison

People are gullable

Did you know "gullable" isn't in the dictionary?

Seriously, look it up.

As far as CB products not being refunded enough, there's another thing nobody's pointed out:

Personal responsibility.

If I buy a product, it is my job to get my money's worth out of it, and if I don't - then what I paid is my punishment for buying a piece of crap. The vendor gets to keep it for doing a good sales job, and I lose the money to remind me that some vendors lie.

My dad put me through that as a kid, and I fully intend to put my own kids through it as well. Once the money changes hands, you make the best of it no matter what.

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Black Hat Cat

Banned 13 years ago

Originally Posted by CDarklock

Did you know "gullable" isn't in the dictionary?

Seriously, look it up.

As far as CB products not being refunded enough, there's another thing nobody's pointed out:

Personal responsibility.

If I buy a product, it is my job to get my money's worth out of it, and if I don't - then what I paid is my punishment for buying a piece of crap. The vendor gets to keep it for doing a good sales job, and I lose the money to remind me that some vendors lie.

My dad put me through that as a kid, and I fully intend to put my own kids through it as well. Once the money changes hands, you make the best of it no matter what.

That's one of the dumbest things I've ever read. I feel sorry for your kids.

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JamesMSpacey

13 years ago

Originally Posted by warhero

just by looking at the sales pages, I know the product has to be terrible.

Ever heard of the old 'Don't judge a book..."

Originally Posted by warhero

Push button, rich in 7 clicks, secret to making $1000 20 minutes from now....

Just because there is a lot of puff in the sales pitch doesn't mean the product is crap. Some of the make money online exaggeration has always been beyond believable, but then again, some of the money IMers are making is incredible too.

And besides, some people might find the thrill of believing enough to get them motivated, which could get them making money.

Originally Posted by warhero

Warriors, How Are these clickbank product owners making money

So I just realised I've contributed nothing towards answering your question. Sorry.

Digital product marketing has always been a massive numbers game. Pure and simple. The pitch is there. It answers a desperate need. And it's promoted like CRAZY! Hinting, pre-launch, launch, post-launch, email, PPC, affiliates, closing, closed, pre-reopen, re-open...

It's a massive forever forward moving machine.

When done right, you can't stop it.

Doesn't matter if there are refunds.

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skwurl

13 years ago

hmm. i don't know. what i do know though, is that in real life i've been to a shop and bought something. it breaks, or i bought something that tastes like crap, and honestly i don't have the balls to take it back and get a refund. i think that's why people know that they can get away with it.

for every person that has no problem asking for a refund, there's somebody else that does. i'm one of the people that go 'damn' and then move on. i've even bought clothes that don't fit and i'm too chicken to take them back.

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Piero

13 years ago

It's a numbers game...and sadly there IS a lot of stuff that should never have seen the light of day.

I have received a number of mailings pushing products that "automatically" create ClickBank products for you (!)...So, unleash one of those and hey! Presto, you have a product..add in clever mailing to huge list and money is made.

Stinks, but there it is.

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Daniel Brock

13 years ago

Well the reason is because those products aren't targeted for the people on the warrior forum who know what they are doing.

They are targeted to the people who get turned onto making money online but haven't thought of it until that point. Usually they are more of the dreamer type and aren't looking to build a real business.

As in all you do is sign up for a service and all the sudden start making money into your bank acount.

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paulie888

13 years ago

Originally Posted by Daniel Brock

Well the reason is because those products aren't targeted for the people on the warrior forum who know what they are doing.

They are targeted to the people who get turned onto making money online but haven't thought of it until that point. Usually they are more of the dreamer type and aren't looking to build a real business.

As in all you do is sign up for a service and all the sudden start making money into your bank acount.

Exactly, and this is why the MMO niche has flourished and thrived for so many years. It is an evergreen niche, and probably does even better in times of recession, when people seem to take comfort in dreaming about amassing huge riches with very little effort.

MMO existed even before the internet was born, and back then it was marketed primarily through print media (magazines) and direct mail, but with the convenience and instant gratification that the internet offers, it seems to have only exploded in popularity.

Paul

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MikeMorgan

13 years ago

Originally Posted by warhero

Ok, so truthfully, I haven't seen one positive review of anything that's hit clickbank recently. In fact, just by looking at the sales pages, I know the product has to be terrible.

Push button, rich in 7 clicks, secret to making $1000 20 minutes from now...the list goes on folks.

So my really honest question is...how is there any money in this? These guys are selling absolute crap so how come all of their customers aren't taking the refund? How can it be possible to be selling absolute rubbish to people, and make money when clickbank gives a 60 day money back guarantee?

Is it the Jv mailings that's bringing all this crap to the front page on cb? It deffinately seems these guys spend more time planning the cash rewards to Jv partners than on the actual product. But still, how is it not a refund massacre? What the heck is going on...

The once who sell lots of products know how to manipulate human mind .

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MarketItAll

13 years ago

They make money bc they are creating a supply for a demand. When people want information they are willing to spend money on it - especially if it's something with their self image, or anything like that. People want things and they want it now - info products create that possibility.

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Bish

13 years ago

I think we all bought into the IM dream at some point, why else would we still be doing this?.

It might all be junk but the copy and pre-sells hit the right buttons:

You read the sales letter, you know it's crap & yet you want to believe it might work, so you buy it & yes, you were probably right, it is crap (mostly), so you decide to ask for a refund tomorrow & forget.

Maybe we all need to buy a certain amount of crap to realise that this business is not the walk in the park we were led to believe..Just my opinion.

Just wish I knew enough big list JV's so I could sell a load of rubbish too.

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Kilroy

13 years ago

I have a theory that the reason most affiliate marketers don't succeed is that they have not yet overcome their own conscience. It takes a certain mentality to deliberately sell rubbish. One would first have to overcome the squeamishness associated with selling crap. As long as you are wrestling with your conscience, you will not be completely successful because your heart will not be in it.
Truly, 'there is a sucker born every minute'. People are naive and well, often not the sharpest pencil in the box. To take advantage of these people, and yes, they are out there in droves, may be repugnant to many.
I have observed 3 main attitudes from the very successful.
1) They simply don't care as long as they are making money. The conscience of a con man. The cut-throat attitude. (And, in my opinion, what is wrong with this entire country.) Maybe they believe that they will be a nice person once they have made their pile of dough.
2) They believe that anyone buying their product is simply too lazy to put in the work to succeed otherwise. They are leeches, therefore scum, and deserve whatever they get.
3) People who have absolutely convinced themselves that their product is well worth the money. They are so convinced of the value of their merchandise that they believe that the buyers are so very lucky to purchase it at a price which most would consider to be exorbitant. Because they are worth it.

So, the first thing you need to do is 'know thyself'. Define your limits and your own state of desperation and proceed knowing exactly what you will do to acquire the almighty buck.

You have reached the used car lot of the internet and you are all training to be car salesmen. Welcome to affiliate marketing

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panduari

13 years ago

Originally Posted by Kilroy

So, the first thing you need to do is 'know thyself'. Define your limits and your own state of desperation and proceed knowing exactly what you will do to acquire the almighty buck.

wow 100% agree with you....

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Scott Skinner

13 years ago

I agree with SimonHarrison's excellent response. The only thing I would add.... stop trying to make money online and focus on building a business online. Create systems, assemble teams. Most people are too lazy to do the "unglamorous" stuff because they are hooked on the quick fix and sly marketers know that.

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theory expert

Banned 13 years ago

People who buy aren't used to refunding online. It seems too daunting. The secret is in the copy of the product, and, giving affiliates what they want to sell it. I can remember distinctly buying crap products, but, I kept reading the copy. The copy kept me from asking for a refund. The copy kept hope in my heart.

Learn the art of copy, and, keeping your sales force happy, and, you to can drive a bentley.

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Warriors, How Are these clickbank product owners making money if they're selling crap?

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