Jim Profit is Member and CEO of the RichOrBeautiful company dedicated to making it the fastest growing dating site.
Posts Tagged ‘Marketplace’
Secret Tips on Clickbank Refund Rate Calculation & Profitable Products
Secret Tips on Clickbank Refund Rate Calculation & Profitable Products
If you are new to Internet Marketing, I strongly recommend you to sign up for Clickbank as it’s the World’s Largest Digital Merchant where they only sell digital products. Once you have signed up for Clickbank, you can select from a various number of products in Clickbank marketplace and become an affiliate. They will send you cheques commission by mail if you have make sales from affiliates products!
I was going through a home study course and learn something new today so I thought to share it with you guys. What I am about to share is going to open up your eyes so do take some notes before you proceed.
There are many products in Clickbank but what really determines the product that can sell? Well many people are not aware that actually Clickbank does provide the information below on their marketplace.
Here’s an explanation what the above numbers are taken from Clickbank
1. $Earned/Sale: Average net amount earned per affiliate per referred sale. Note that this is the net earned per actual sale, and so it is impacted by refunds, chargebacks, and sales taxes. Unfunded sales, such as returned checks, do not impact this number.
2. Future $: Average total rebill revenue earned by the affiliate due to sales from a site. Generally this equates to the average sum of all rebills.
3. Total $: The sum of all initial sales and rebills divided by the number of initial sales. It is the average total $ per sale, including all rebills that may come from that sale.
4. Earned/Sale: Average percentage commission earned per affiliate per referred sale. This number should only vary if the publisher has changed their payout percentage over time.
5. %Referred: Fraction of publisher’s total sales that are referred by affiliates.
6. Gravity: Number of distinct affiliates who earned a commission by referring a paying customer to the publisher’s products. This is a weighted sum and not an actual total. For each affiliate paid in the last 8 weeks we add an amount between 0.1 and 1.0 to the total. The more recent the last referral, the higher the value added.
To determine if a product on Clickbank is profitable you can actually determine by two important numbers and they are the Gravity and the $Earned/sale. Gravity tells you the growth of the product in the past 8 weeks, the higher the number means the more popular and is getting more sales on the marketplace.
The $Earned/sale will help you determine the account of refund the product has. Before I get into the refund formula you first need to find out how much the product sells online currently.
Firstly you have to visit the product page, for this a product sells at retails for US which is called the Retail Price.
If you actually calculate your commission which is 61%, your calculator should show you 46.97, instead it says affiliates earn .04 only? Well that’s because Clickbank commission, which is 7.5% + . Calculate it with the product price: it take you to approximately .77.
Now the actual total profit for affiliates and the merchant is .23. Affiliates earn : 61% from .23, which results approximately .84
Earned per sale is only 36.04, which affiliates will earn for each sale, where was the rest .80 gone? it goes to the refund!
Here’s how you calculate the refund rate: (.80 / .84) x 100% = 15.87% refund rate. It means that this product is not too bad in quality. Guideline is to find product with refund rates below 25% should be quite alright.
Want A Shortcut To Track Profitable Clickbank Products?
When I found out about this I decided to go around Google to search if there were tools to help me monitor profitable Clickbank and this is what I found.
It’s call CBEngine which I think the FREE version tells you enough information to find basic information without showing you the important momentum numbers you see above. What you seen above is only available in the paid version you can actually track and monitor which products in which niches you are doing that is highly profitable and I think this tools will be pretty useful for those who are doing Internet Marketing full time .
Cool stuff huh, feel free to drop your comments on my blog.
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How Fame in Blogging Can Bring You Success in the Internet
t is a fact that a lot of people today make blogs and has their own blogging websites. Some are registered in free blog hosting websites, while there are others who makes blogs in paid blog websites. Whatever you use, you will see that blogging is indeed enjoyable as you will be able to write about absolutely anything and everything you want to discuss. And, blogging brings fame.
Blogging is not just an online journal. Although thousands of people have their own blogs and blogging websites, you have to consider the fact that only few people became famous because of it and became successful.
You have to remember that the internet is one big marketplace where you will be able to buy and sell almost everything you want. And, when it comes to blogs, it can be used as a form of advertising. Some people who become famous and who writes really good blogs can even ask people for some money and shocking as it may be, people do give money.
In fact, some bloggers are so good at blogging that they write great things and earn as much as a thousand dollars a week simply out of donations from readers.
The key to success in blogging is by getting as much loyal readers as you can. To do this, it is important that you should write blogs that people will want to read. Whatever you write about, it is possible that you can get people interested by writing it really good. Mix in some humor, some of your experiences and also a little something about your life. The point of this is that the content should be interesting enough that people will want to read it over and over again as well as recommend it to other people to read.
Some people are natural born writers who writes things that interests people, while there are also others who learns how to write good blogs. Writing really good blogs requires a lot of practice. You have to experiment on your writing style up until you get it right where people will be able to understand everything and where the blogs you write will get them interested and leave them wanting for more.
A good writer means that you have to be able to catch the reader’s attention at the opening sentence. After you caught the reader’s attention, you now have to keep them interested in reading the blog up until the end. A good writer will be able to satisfy the reader at the end of the blog. However, a great writer will both satisfy the reader and leave him or her hanging and wanting for more.
The talent for writing great blogs can be learned. Try taking a look at some of the most successful blogs. By doing so, you will be able to know what writing techniques they used in order to get people to read what they write.
Study their writing skills and try to think of ways on how to improve yours.
This will definitely let you write more effective blogs that will surely get people’s attention. In time, you will be able to say that blogging definitely brings fame. Remember these tips and you can be sure that you will be well on your way to online fame and eventually success.
For more in depth information on How Fame in Blogging Can Bring You Success in the Internet visit http://wpautoblog.com/kem/
Make Real Money Online Selling Clickbank Products
When you first start out in an internet home business, it’s hard to decide which way to go, with all the different options on offer. What is the easiest way to make real money online? In my opinion, it’s really hard to go past promoting Clickbank products. With hundreds of products to choose from, and heaps of different niches, the sky is virtually the limit when it comes to the amount of income streams you could be profiting from.
Okay, first of all go to Clickbank.com and then click on “marketplace” and browse through some of the categories and sub-categories. As you can see there are tons of products to choose from here with most offering 50% commission on each sale that you make. This is great because it means that you don’t have to spend time, research and energy to create your own products AND you don’t have the hassles of product delivery, receiving payments or refund requests. For each product listing, you can view the sales page and stats, such as commission percentage and the dollars earned from each sale.
Clickbank pays you via check every two weeks for any sales that you’ve made, provided the amount reaches the minimum that you’ve set. Once you get that first check, it suddenly hits you that you can make real money online.
If you haven’t already got an account with Clickbank, the first step is to go there and set it up. You will need to submit a unique “nickname” which will form part of your hoplink on all products you promote. Next step is to choose the niche. I probably don’t need to tell you that you should choose a niche that you have a particular interest in, or expertise in. You’ll obviously do a much better job of selling products in that niche if you have some passion and knowledge of the topic.
Once you’ve narrowed down the niche, you need to choose the first product you wish to sell. While you’re there, take note of other products you can sell, either as front-end products or back-end products. I recommend that you go for new products in the Clickbank marketplace as these tend to sell better initially, when they first come out. To find the new products, just go to “category” and select your niche, and then click on “sub-category” and choose “new product” from the drop-down menu. Once you choose a product based on your research, the price and the commission offered, you can click on “create hoplink” so that you can promote your link and start making real money online.
Now it’s time to advertise your hoplink, create sales, and get those commission checks coming in. Now, if you want to treat this as a real business, you should create your own mini-site or blog to direct all the traffic to and to pre-sell the actual product sales page. Make sure you set-up this page with an opt-in box so that visitors can join your list. That way you can follow-up with them and have more chances at getting the sale, but also to sell them back-end products later on. Also, optimize your pages with the right keywords in the title, H1 tags and body to capitalize on the free search engine traffic.
Once you have your sales system in place, you can use strategies such as blogging, forum posting, article marketing, pay-per-click advertising, and email marketing, to get qualified traffic to your pages.
So, as you can see, you can make real money online once you set-up a system that works, take action, and continue to work it on a consistent basis. Don’t forget to research your niche and product selection at the very beginning. That way you’ll create the most profitable campaigns possible.
Andrew Jones has been a business owner for the
past 10 years, and is now an Internet Marketer and
Plug-In Profit Site owner. Discover the best ways to
make real money online.
Launch of FindBillboard.com – New Outdoor Advertising Marketplace, Blogs, Forum, Articles
Findbillboard.com is an online Marketplace for Outdoor Advertising Solutions. Our main aim is to provide a interactive service for advertisers & publishers, which will help them grow their business drastically. We are here to offer a platform for Advertisers, Publishers & Ad agencies to reach out their target market with ease. findbillboard maintains a large database of outdoor advertising solutions across the world. You will get all the details of your prospective Signboard, Hordings or Digital Boards for free.
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Reviewwave: Bringing Advertisers and Bloggers Together
If you’re a siteholder, a marketer, or a webmaster and need your site to be reviewed, that is, you need an objective opinion about your website, simply register at Reviewwave.com. Reviewwave.com is a brand new site, which helps such siteholders get an impartial criticism about their site. However, it is not just the siteholder who benefits from Reviewwave.com. Bloggers too benefit immensely. Reviewwave.com provides them ample opportunities to make money. All they need to do is review the websites. Yes, it’s as simple as that!
How does Reviewwave.com work?
Reviewwave.com is an excellent way for bloggers to increase their bank balance. Bloggers simply need to submit their sites to Reviewwave.com. Once the administrator of Reviewwave.com accepts the blog (s), the blogger is free to take up any website to review the same. And who is it that puts the various websites for reviewing? Siteholders, marketers or webmasters, also termed as “Advertisers,” create “Campaigns”, that is, they request for the review of their website. Advertisers also have the choice of selecting a blogger’s site. They may browse through the marketplace of bloggers. If the Advertisers like a particular site, they may request that blogger to review their site. The blogger may or may not take up the offer of reviewing the advertiser’s site. After the blogger gives his review on the website and after it is reviewed, he/she gets notified that the review is completed and published to his/her blog. The blogger is then paid handsomely by the Advertisers or the Administrators of Reviewwave.com. The mode of payment is via PayPal.
About Reviewwave.com
Reviewwave.com, which is an IQ Division Company, founded 2006, brings bloggers and advertisers together. The advertiser gets an unbiased review from the blogger about his/her website, while the blogger makes money by simply writing a review on the advertiser’s website. So, both profit immensely.
IQ Division Ltd. is a leading Interactive Media & Marketing company that operates from Denmark, Germany, UK, and India, covering international clients from all Europe.
IQ Division Ltd.
strandvejen 100,
DK-2900 Hellerup,
Denmark.
