How to become a successful Clickbank Vendor???

by wb_man
3 replies
Is anyone here a successful Clickbank vendor? How did you do it?
How long does it take to create a product? How much money do you need for initial costs and how much can you expect to make?

From what I understand, you need:
-a quality product if you want to have low refunds
-a converting sales page
-recruit affiliates
-a good sales funnel
-build email lists
-split test everything
-outsource what you don't know
-75% commission and your product price should end in 7 such as $47.

anything else?

Should you create an ebook or software? It seems like the big niches like money, health, and dating are saturated so should you go for another niche?

My biggest concern is how much can you make as a Clickbank vendor? Affiliates get 75%, you only get 25%. After Clickbank fees, business expenses, taxes, how much do you have left? There's also a good chance that you spend months creating a product but it doesn't sell for whatever reason.

If you are a successful Clickbank vendor, please share your experience.
#clickbank #successful #vendor
  • Profile picture of the author Jarrod
    Have you already promoted and had success selling clickbank products as an affiliate? You should definately do that before creating your own product for others to promote as affiliate.
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    • Profile picture of the author wb_man
      Anyone here a successful product creator?
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  • Profile picture of the author Alexa Smith
    Banned
    I'm surprised not to see any more replies here, yet, but it's early, it's a weekend, it's August, and the forum's quiet.

    I'm no vendor, but can offer you a couple of minor observations (as an affiliate).

    In one sense there's no such thing as "a ClickBank product". ClickBank is just a retailer, y'know? Most of what you say applied to loads of other kinds of products as well as "ClickBank products". But yes, I'm being pedantic, and we know what you mean: an informational product designed to attract affiliates? Fair enough.

    You say "test everything", but you also say "you product price should end in 7". You might want to test that one: in every split-test I've seen myself, the price ending in 7 actually converted worse. More here: http://www.warriorforum.com/main-int...ml#post9231793

    Originally Posted by wb_man View Post

    How long does it take to create a product? How much money do you need for initial costs and how much can you expect to make?
    I can tell you without being a vendor (but from knowing many because I'm an affiliate in 9 different niches over many years) that the answers to all those three questions are enormously variable.

    Be aware that the "average ClickBank product" hardly sells at all. But then again, the average CB product has an unprofessional, casual vendor who isn't a marketer at all.

    Two other observations for you, which might help ...

    1. Be aware that there are (very broadly speaking - I'm "simplifying") two very distinct groups of affiliates at ClickBank: the 95%+ of affiliates who sell almost nothing, and the fewer than 5% of affiliates who collectively make over 95% of the affiliate-referred sales. As a prospective vendor, you might want to concentrate on attracting only the latter group, because some of the things that appeal to the others can put that group off. For that reason, it can be a huge mistake to set out to "attract as many affiliates as possible" when what you really want is "as many sales as possible".

    2. If your product is involved in an IM-related or MMO-related niche, then ClickBank (for all that I love it) might not be the place for you. Many serious, pro-affiliates are unwilling to promote IM-related and MMO-related products there, because of one specific problem ClickBank's system has in store for affiliates in those niches: prospective customers in these niches are often themselves already ClickBank affiliates, and they're going to buy the product through their own hoplink (which is allowed) rather than through the hoplink of the "referring" affiliate. (That's why those products often have such high "gravities", because each individual purchase represents a "new affiliate". It doesn't mean that anyone else, much, is buying them at all.) In other words, we can sell those products ok, but we can't reliably get paid for the sales we make (and through no fault of their vendors). So we either choose other niches, or other retailers/networks like JVZoo or whatever, for IM-related stuff. Just something for you to be aware of.

    Originally Posted by wb_man View Post

    Affiliates get 75%, you only get 25%. After Clickbank fees, business expenses, taxes, how much do you have left?
    It depends how many you sell, and at what price. (You can sell them yourself, too, of course: you don't have to depend only on affiliates. You can even "become your own affiliate", if you want to.)

    ClickBank takes 7.5% + $1 per item, and the remainder is divided between the vendor and the affiliate in the proportion determined by the vendor.

    Examples: on a $37 product with 75% commission, the vendor gets $8.30; on a $97 product with 60% commission (there aren't so many $97 products with 75% commission), the vendor gets $35.49.

    Originally Posted by wb_man View Post

    There's also a good chance that you spend months creating a product but it doesn't sell for whatever reason.
    Not if you're a marketer. There's only a low chance of that, because you'll have researched "what people already want to buy" and "what serious, pro-affiliates already have subscriber-lists to sell" before you start?

    .
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