CLICKBANK'ers This is a MUST see!!!
So I was scrolling Flippa.com the other day and came across something RIDICULOUS crazy in the 'Sold' section.
Here is the Description of his Listing
"
First and foremost: There is no actual website for sale. The value is in the Clickbank account.
Ok, so here's the deal folks. A while back I created a now defunct product for Clickbank. When I was creating the marketing page for affiliates I would give an example of the URL affiliates should use to promote the product. For example:
"""
Your affiliate link looks like this:
http://YOURCBID.MySuperGreatProduct.hop.clickbank.net
Replace YourCBID with your clickbank ID.
"""
I just knew that someone would forget to change out the "YourCbID" field with their username, so I went ahead and registered the user id "YourCbID".
Well, my product was short lived and is now a distant memory, but the "YourCbID" account turned out to make money. Like, a LOT of money.
Apparently, giving affiliates a link like the one above and asking them to change the variable really caught on. Every couple of months or so, someone runs a big campaign and forgets to change the affiliate ID to theirs, so my account gets credit for all the sales. It is LITERALLY Free Money.
In 2010 I made $7,273.71
In 2011 I made $7,176.84
In 2012 I have made so far: $6,411.27
These numbers are after refunds, chargebacks, fees, etc. This is how much money I was paid.
Not bad huh? I want to emphasize: I have never promoted any products from this account, this account has never been a vendor. It is simply the case of me registering a user ID that gets a lot of accidental traffic. The ONLY thing I do is login once a week or so to see if it made any money and take a check to the bank when Clickbank sends one. That's it.
So why on earth am I getting rid of this Gold Mine? Well, the only problem with this account is that I have zero control over what is sold from it and how it is sold. I don't even know what the product is that was sold without doing some research. Also, I believe there are some "test' or "accidental" purchases made by people that credit this account and are eventually refunded. All of this leads to the refund and chargeback rate for this account being higher than on a normal one.
Clickbank is making some changes to how they handle affiliate and vendor accounts. They are trying to 1) Get vendors to provide better customer service and 2) Trying to get affiliates to to a better job of accurately promoting products. The changes they are making is to give each account a rating based off how many refunds and chargebacks they have. Accounts with very few refunds/chargebacks pay a smaller fee when a refund/chargeback happens. Accounts with a lot of refunds/chargebacks pay a higher fee and may be subject to cancellation.
So here's my problem: I've been out of Affiliate marketing for about 2 years now. I don't promote anything else on clickbank or have any other clickbank accounts. Because of this, I have no way to improve the standing of this account, and it will more than likely continue to have a higher than normal refund rate. My bright idea is to sell the account to someone who DOES actively sell stuff on Clickbank. The buyer's good track record will offset the poor refund rate of the free money from this account, and the buyer will continue to receive the free money from accidental sales.
So to recap:
If you are not a Clickbank Affiliate, and can not contribute good valid sales to this account to help offset the high refund rate, you should probably move on and not bid.
If you are a Clickbank Affiliate and generally have a low refund/chargeback rate (You fall into the Violet/Blue/Green tier), this is a great opportunity to buy this account, send some real traffic through it to lower the refund/chargeback rate, and have this account continue to generate free money for you.
Details and specifics:
The account 'yourcbid' is what is for sale. I do zero marketing for this account, so there is nothing else to transfer. The account recently had a good spike and has earned $1,271.75 so far this week. That money (less any refunds, chargebacks, fees, etc) will go to the NEW owner. We will simply remove my contact information and put yours in so the checks start coming to you.
chargeback rate is 7.24%.
Proof of revenue:
http://joshprewitt.com/yourcbid/2012.csv
http://joshprewitt.com/yourcbid/2011.csv
http://joshprewitt.com/yourcbid/2010.csv
Starting bid is $1,200 since that is what is currently in the account that the new owner will inherit. Questions? Fire away."
That's some serious OUT of the BOX thinking hey? 'YourCBid' went on to be sold at $3200!
Here is the Description of his Listing
"
First and foremost: There is no actual website for sale. The value is in the Clickbank account.
Ok, so here's the deal folks. A while back I created a now defunct product for Clickbank. When I was creating the marketing page for affiliates I would give an example of the URL affiliates should use to promote the product. For example:
"""
Your affiliate link looks like this:
http://YOURCBID.MySuperGreatProduct.hop.clickbank.net
Replace YourCBID with your clickbank ID.
"""
I just knew that someone would forget to change out the "YourCbID" field with their username, so I went ahead and registered the user id "YourCbID".
Well, my product was short lived and is now a distant memory, but the "YourCbID" account turned out to make money. Like, a LOT of money.
Apparently, giving affiliates a link like the one above and asking them to change the variable really caught on. Every couple of months or so, someone runs a big campaign and forgets to change the affiliate ID to theirs, so my account gets credit for all the sales. It is LITERALLY Free Money.
In 2010 I made $7,273.71
In 2011 I made $7,176.84
In 2012 I have made so far: $6,411.27
These numbers are after refunds, chargebacks, fees, etc. This is how much money I was paid.
Not bad huh? I want to emphasize: I have never promoted any products from this account, this account has never been a vendor. It is simply the case of me registering a user ID that gets a lot of accidental traffic. The ONLY thing I do is login once a week or so to see if it made any money and take a check to the bank when Clickbank sends one. That's it.
So why on earth am I getting rid of this Gold Mine? Well, the only problem with this account is that I have zero control over what is sold from it and how it is sold. I don't even know what the product is that was sold without doing some research. Also, I believe there are some "test' or "accidental" purchases made by people that credit this account and are eventually refunded. All of this leads to the refund and chargeback rate for this account being higher than on a normal one.
Clickbank is making some changes to how they handle affiliate and vendor accounts. They are trying to 1) Get vendors to provide better customer service and 2) Trying to get affiliates to to a better job of accurately promoting products. The changes they are making is to give each account a rating based off how many refunds and chargebacks they have. Accounts with very few refunds/chargebacks pay a smaller fee when a refund/chargeback happens. Accounts with a lot of refunds/chargebacks pay a higher fee and may be subject to cancellation.
So here's my problem: I've been out of Affiliate marketing for about 2 years now. I don't promote anything else on clickbank or have any other clickbank accounts. Because of this, I have no way to improve the standing of this account, and it will more than likely continue to have a higher than normal refund rate. My bright idea is to sell the account to someone who DOES actively sell stuff on Clickbank. The buyer's good track record will offset the poor refund rate of the free money from this account, and the buyer will continue to receive the free money from accidental sales.
So to recap:
If you are not a Clickbank Affiliate, and can not contribute good valid sales to this account to help offset the high refund rate, you should probably move on and not bid.
If you are a Clickbank Affiliate and generally have a low refund/chargeback rate (You fall into the Violet/Blue/Green tier), this is a great opportunity to buy this account, send some real traffic through it to lower the refund/chargeback rate, and have this account continue to generate free money for you.
Details and specifics:
The account 'yourcbid' is what is for sale. I do zero marketing for this account, so there is nothing else to transfer. The account recently had a good spike and has earned $1,271.75 so far this week. That money (less any refunds, chargebacks, fees, etc) will go to the NEW owner. We will simply remove my contact information and put yours in so the checks start coming to you.
chargeback rate is 7.24%.
Proof of revenue:
http://joshprewitt.com/yourcbid/2012.csv
http://joshprewitt.com/yourcbid/2011.csv
http://joshprewitt.com/yourcbid/2010.csv
Starting bid is $1,200 since that is what is currently in the account that the new owner will inherit. Questions? Fire away."
That's some serious OUT of the BOX thinking hey? 'YourCBid' went on to be sold at $3200!
.
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