For any merchant thinking of selling digital products online, Clickbank can offer a great way to accept online payments, as well as open up a marketplace filled with affiliates wanting to promote your products for you. Unfortunately, there are plenty of vendors who make the same old mistakes that could limit their chances of success on Clickbank. This article will look at three common mistakes that Clickbank vendors should try to avoid.
It really is a mistake for a Clickbank vendor to give their customers more payment choices. This is not in your best interest as a vendor, although it does provide a higher degree of customer convenience. You will losing a lot of money by doing this, and the loss will be in terms of your Clickbank commissions. Similarly, the Paydotcom affiliates will also know that their commissions could be lost if the customers decide to use Clickbank to make the payment. So it is interesting to note that there is nothing to gain and much to lose for both camps. You do not want to do this as you know up to 90% of your sales referrals will be from your affiliates. Your sales commissions will suffer greatly if you offer options, so be sure to avoid it.
Another mistake is to openly advertise the page that you setup for affiliate recruitment. The obvious issue with this is people will join your affiliate program and then turn around and buy your product for less. You can inconspicuously place your link to join your affiliate program in the page footer – but that won’t stop some people from doing it.
Derivative products can be very tricky, so you must be careful about doing it. It is so essential to your success that what you produce is unlike all the others. Come up with an original solution that solves a real problem, for which a majority of people are looking for a solution. Sometimes you will not be able to present something no one has ever seen before, so you may need to get creative about your product. That’s how you become a successful vendor at Clickbank and make your own mark.
All in all, from the above article we can clearly come to understand how Clickbank can help you generate more profits if you focus on a few important factors and avoid the common mistakes made by many. You will find that people who are successful in business often are aided by the fact that they were able to minimize the costly mistakes. None of this is difficult to do, but the hardest part for most people is taking action every day. You will get far better results for your efforts when your efforts are greater.