Thursday, August 9, 2007

Clickbank Money Making Tips: Guide to Surviving as a Clickbank Affiliate - Part 1

There is no doubt that Clickbank is one of the more popular affiliate networks on the internet. That is the reason there are so many affiliates for Clickbank. If you are interested in becoming a Clickbank affiliate, there are things that you need to know, so that you don’t end up scratching the head wondering why things are not going as expected.

If you go by all the claims made about making easy money with Clickbank as an affiliate, you will fail. If that were the case, ninety percent of all affiliates wouldn’t fail. If you don’t learn how to survive as a Clickbank affiliate, it would be a nightmare being an affiliate.

Understanding Clickbank
Competition is the key and it is the biggest found anywhere. Clickbank is said to have the largest number of affiliates when compared to any other affiliate network on the net. If you want to stand a chance at all, competing with people that are selling the hottest products makes NO sense. I know this is the first thing you would look at, but the worst thing to do.

At Clickbank marketplace you have the option to see all the products and make an ‘informed’ decision. How to go about this? This can be done by checking the stats tracked by Clickbank, like dollars per sale, percent referred, gravity, and percent per sale.

Understanding these stats is a crucial step in being able to successfully choose a product to promote.

Dollar per sale shows us how much an affiliate can make per sale. This is the commission given by the owner to affiliates for promoting their product. Keep a look out for products that pay the maximum dollars per sale.

Percent referred is the percentage of sales that are made by all the affiliates for that product put together. If this stat shows above 80%, it means that most of the sales for this product come from affiliates, which means, you will have loads of competition for this product and that’s not what we want. Where do you stand a chance if all the high-flying more experienced affiliate marketers are selling the same product?

Percent per sale is the percentage given to an affiliate for each sale. You should be looking for something above 50% for each sale. Of course, there are products that pay something like 75% or even more. You will find that these higher paying products have so much competition that it would be very difficult initially to break into that.

Gravity is the stat that you can gauge your competition with. This gives you an approximate indication of the number of affiliates promoting a product. For less competition, look for a product with below 20 gravity. Is that confusing? I suggest you put all the stats together and see what you need to look for. Don’t believe anyone telling you that such products are non-existent, because there are such products; you only have to find them.

To read part 2 of this article, please click here.

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