It’s effortless to make cash with ClickBank; all credit goes to its robust knowledge base and user interface that has made things super simple. Since there will be many digital products that you can promote, this accounts for lower overheads, specifically for vendors. Meaning, you can make affiliate commissions up to 75%. Moreover, you can have the chance to earn revenue regularly through memberships and subscriptions.
Let’s check out the five steps that will help you earn money with ClickBank!
Step#1: Sign Up on ClickBank
You can easily accelerate your career in affiliate marketing with the help of ClickBank. What you need to do is create an account. Once you go to ClickBank’s homepage, you will see a button that says “Create Account” on the top right. From there, enter the country you live in, email address, phone number, and of course, your full name. This is the part where you will have to create a strong password for your account, which must have two uppercase characters, two special characters, and two numbers. Your password shouldn’t have over 32 characters as there’s a limit, nor can you include any space.
Before you continue, you will have to agree to the terms and conditions given by ClickBank. Once you have done this, you will have to:
Fill your Payment Details
You have created your account? Great! Now fill in your payment details. In the payee name, you will either write your name or that of an LLC in case your business has one. If you earn over $600 in commissions, a 1099 form will be sent to you by ClickBank, for which you must give a social security number or a tax ID.
In case your tax ID or EIN – Employer Identification Number, is not with you, you can choose to give this information afterward.
Step#2: Promote the Right Product
Once you have signed up on ClickBank, the first screen that will appear will be the dashboard. There will appear two menus on the top, and you should click on the option that says Marketplace. Here, you will come across several digital products to promote through the affiliate program.
The Marketplace is actually the place where vendors include details about the type of products they offer to people. Some vendors also have sales statistics and promotional materials. However, some new products might not contain that information this early. In case the product didn’t sell any item in the past 12 weeks, statistics won’t be available either. You can go through different product categories from your left menu, or else you can search in the box that says ‘Find Products’ using specific keywords. You can also search by category, language, and statistics.
As an affiliate, once you have found the product you wish to promote, go through the vendor’s pitch page. It is also called a sales page because it’s what the potential referrals view when choosing your referral link. Several sales pages have a single offer listed on them, and others may offer a membership or subscription called “rebill.” There’s a reason why it’s called rebill. You get good commissions on the first sale and earn recurring revenue, which your subscription generates.
Here’s an example of how a piano product’s pitch page looks like.
A few vendors ask you to apply so you can promote their product. However, most of them don’t ask you about that. In case they don’t need prior approval, you will create a HopLink when you click “Promote” in the product listing. Now you must be wondering what a HopLink is. It’s basically a term that ClickBank uses for a URL or referral tracking link. HopLink combines the nickname of the vendor’s account with your affiliate account, so whenever there’s a sale via HopLink, you’ll instantly get a commission following the commission percentage of the product.
Here are some stats of ClickBank that you should keep in mind when you select any product to promote:
- Initial $/sale: It is known as the average amount in commission earned by an affiliate for every sale of a product, involving the initial cost of upsells and the order bumps that occur from the initial sale.
- Average %/sale: It is known as the average sum of commission for the sale of vendors’ products, involving rebill and initial payments. The number depicts the extra amount that you can make when you promote the products. In case a vendor doesn’t have to rebill products, then this amount is just like initial$/sale.
- Total of Average rebills The average amount earned by an affiliate of a product on all rebilled sales. It does not include the initial sale. Moreover, this number is shown only if the vendor offers recurring billing products.
- Average percentage rebill: If the vendor offers recurring billing products, this number depicts the average commission you earn on rebills.
- Grav: Grav is short for gravity and is a calculation provided by ClickBank. It tells you about the products that are being well-sold at the moment. Furthermore, it has many affiliates who promote it, and there are many sales of the product. This means there are many affiliates and more competition as well.
Here’s an instance of a high gravity product under the category of Parenting & Families
Step#3: Continue with the Sales Funnel Technique
Many ClickBank affiliates grab the HopLink to put it in their article. The affiliates that are the highest-paid are really intentional with the efforts they make. The greatest way you can do this is by creating your page to visit it before they go to the vendor’s sales page. You should start by making a sales funnel, which is fancy terminology for the buying lifecycle or customer experience.
While there are different steps associated with a different sales funnel, you need to concentrate on just a few to promote your affiliate product. Also, let’s tell you why it is so necessary.
Why Should You Establish a Sales Funnel?
The reason is that you are a person your referral recognizes, likes, and also trusts. So, if you throw a link to another person’s sales page, there is a high chance that the visitor will navigate away from your page. But, if you will send them a page with your own face along with your product’s experience, then there is a high possibility that that person will buy the product you have been promoting.
Things You Should Incorporate in a Sales Funnel
There should always be an opt-in or a landing page on your sales funnel. Then, there should be a page that says thank you and links directly to the product that you are promoting. You can also do it straightforwardly, and that is by building it on the website, like the one you host with DreamHost. It’s effortless to work on a landing page, and it includes an image that has a free offer. Afterward, there’s a short form where you can enter your email address.
Create Your Free Offer
The best offers have PDFs, webinars, cheat sheets, and checklists. Anything actionable will give the audience value and attract them to continue going through your page after visiting your landing page. You want your free offer to relate directly to your vendor’s offer that you will promote later on.
The best example of a to-the-point and short landing page is that you go to a page that says thank you after the page.
Once a person opts-in to the freebie, you must set that up, so an email is automatically sent to their email. You can also do this with the help of an email provider like Constant Contact. By doing so, you will not have to worry about sending an email with the freebie manually.
Don’t Forget to Say Thank You.
Whenever someone enters their email address, you must take them to a page that thanks them. The page must tell all the new subscribers to expect a freebie with their email. This will let you talk about your promoted product before they click on the vendor’s pitch page. The page can tell why you wish to promote the product. If you have already tried it, then you should tell what the product has done for you. You can also incorporate a HopLink to your product page.
Step#4: Get Traffic to the Sales Funnel
You must always have a sales funnel, but you must drive traffic so that everyone can see it. There are many techniques that you can make the most of for your sales funnel; you can run ads, use social media, implement SEO, and make videos. Moreover, many people use most of these options. They constantly explore how to drive more traffic to their page.
You can also go for sales funnel marketing with the help of the below strategies:
- Ads: If you want to get traffic for your landing page, running ads is the way to go! You can run them on Google search engines or social media platforms without having to worry about the cost. It just takes $5 per day, which is pretty sufficient to get traction.
- Social Media: You can share about the product on ClickBank periodically on your social media to get more traffic. It is better when you strategically share all this without sounding too salesy or spammy because people ignore that too. Simply share the thing you like regarding the product or the way people use it.
- SEO: SEO practices have been proven to be the most effective in getting organic traffic to the website. This strategy incorporates improving your website speed, using search-engine-friendly descriptions, and also the use of keywords.
- Video: While the whole sales funnel must include text, you should engage your audience more with the help of a potent tool – video. Create live videos and engage your audience on social media platforms talking about the product.
Here’s a great example of a video that was produced to promote an affiliate product.
Step#5: Scale Your ClickBank Efforts
Once you get traction being a ClickBank affiliate, the next step is to scale your efforts. There are many different methods you can use to scale the income. These incorporate creating your own services and products or offering many ClickBank products to your target audience.
Making Information Product or Your Own Course
To make your course, you need to select an online course platform, like Thinkific or Teachable. This platform is where you will make your online course, and students will take the courses as well. You can choose various topics to create courses for your students like travel, nutrition, parenting, real estate, business, and fitness. An info product resembles the one you want to promote with ClickBank. Yes, it is intangible!
It’s Time to Sell your Physical Product
If you want to sell your physical product, you should source raw materials or find a good manufacturer who manufactures your product. You can also give a private label to your product that involves adding your label to the manufacturer’s product. A famous place where you can get products in this regard is Alibaba.com. This platform offers wholesale products in great quantities that mostly come from China.
Provide Your Audience with Many ClickBank Products
If you are an expert in the product offered via ClickBank, the next important step is to explore different other products. If you want to begin in similar niches, you can do so, or you can also expand into an entirely different category. When you choose a product that you would like to promote, ensure that it is well-aligned with the persona you carry and what makes you ‘you.’ For example, if you are a great bodybuilder, your audience will not understand your product, which is about decadent cheesecakes.
Why Should You Opt for ClickBank to Make Money
With numerous digital products you can promote, ClickBank stands on the top for the greatest affiliate marketing program. A few affiliate programs don’t pay you a high percentage once there’s a sale when a user clicks directly on a referral link. You will be surprised to know that sometimes it is just 1%. But, since vendors only offer info products on ClickBank, low overhead is good news for you as it means that you can easily get commission rates of up to 75%.
Vendors who list their products for sale and rely on ClickBank must make their own sales page. By doing so, vendors are encouraged more, and they provide amazing opportunities for rebills and upsells, which gets affiliates extra commissions. Several affiliate programs require affiliates to satisfy the minimum payment thresholds going up to 100% before the payment is issued. However, a minimum of 10% threshold is offered by ClickBank.
Also, ClickBank has the longest referral time, which is also called cookie length. In case a transaction is made in 60 days when a user clicks on a HopLink, all the sale credit will go to the affiliate, provided that the user does not clear his or her cache and keeps allowing cookies on his or her browser. The cookie length also matters for Amazon’s affiliate program known as Amazon Associates, 24 hours. Considering this, ClickBank is an incredible option for most people.
You don’t have to worry about time anymore; you can start as an affiliate of ClickBank this instant! You will earn almost 75% for every sale made by your referral. Also, you can generate recurring revenue through memberships and subscriptions. Once you have acquired traction being an affiliate, feel free to offer your own products and services, or you can also begin providing your target audience with more products from ClickBank.