Is Clickbank the best marketplace for affiliate marketers? In this Clickbank review, we will highlight the pros and cons so you can decide if you should use Clickbank or not.
What is Clickbank?
Clickbank is an advanced digital platform where sellers can list their products to scale their business, and affiliate marketers can find products and services to promote.
It has the required e-commerce tools built within the system.
Clickbank was launched in 1998 and is still currently trending. It is ranked as one of the best global e-commerce platforms. Sellers and affiliates have generated millions by using the marketplace.
The powerful Clickbank marketplace connects more than 100,000 marketers and vendors, and you can find products in almost all niches. Most are digital products, and some of the categories are:
- Health and Fitness
- Holistic, Yoga and Meditation
- Food products
- Digital products
- Weight loss
- Gaming and Betting
Clickbank – How Does It Work?
It is free to join Clickbank. Only sellers need to pay an initial fee to open an account.
The process to join is easy. Create an account, fill out your personal and bank details, select a username, and you are good to go.
Next, select the products you want to promote in your niche.
Basically, affiliate marketers look for products that offer high commissions.
Therefore you should target that product if it fits into your niche.
Note: It is recommended to read the sales page and know what you are selling to your audience, as giving accurate information is the key to success.
How To Get Paid By Clickbank?
Clickbank pays via Payoneer, by check, direct deposit, or wire payments. Clickbank does NOT pay via PayPal.
Pros and Cons of Clickbank
Okay, so now let’s examine the pros and the cons.
Low Entry Barriers
Some affiliate networks require a high volume of traffic to your site or having an authority website to be able to join their program.
Anyone can join Clickbank by signing up, and immediately afterward, you can start promoting the products by using your own affiliate links (called hoplinks).
In saying that, some of the products do require the seller´s approval. However, you can contact the seller, and if you honestly explain why you wish and how you will promote their product, you are normally accepted.
Due to the easy access, there is also more competition.
With 23 years in the market, Clickbank is a reputable business. It will not disappear overnight and rest assured you will be paid the affiliate commissions you earn.
Wide Selection of Products
In the categories section above we listed some of the niches, and Clickbank has recently added physical products to the list. These include health supplements that are generating some good income to affiliates and sellers.
Keeping track and monitoring affiliate programs can be quite a task for affiliate marketers.
The Clickbank platform is very practical for the user. It automatically tracks your sales and generates reports of your earnings, monitors refunds, and pays your commissions on time.
Study this information to know if a product is worth promoting.
When compared to other popular affiliate programs like Amazon, Clickbank sellers offer their affiliates high commission ranging from 50 to 100% per sale.
This can be very profitable for your affiliate business.
Promote On Social Media
You can use Clickbank affiliate links or hoplinks to promote products on social media, including Pinterest, Twitter, YouTube, etc.
Finding The Right Product on the Platform
Clickbank is huge and offers a wide variety of products. It may be difficult for you as a beginner to find the right product to promote.
You may have to scroll through many pages and categories.
Be aware that besides the genuine products, other scam products are listed. You have to do your due diligence to find the right products.
Refunds and Chargebacks
Most products sell because they offer a money-back guarantee, and buyers are willing to try things out. This is great to generate conversions, but it also means the products can be easily canceled, returned and a refund is requested.
This means you may get a series of chargebacks of products you had previously sold.
Fees May Apply If You Don´t Generate Sales
It is worth reading about the best way to manage your Clickbank account. Some fees apply if your account is dormant and you don´t generate sales over 90 days.
Big Competition – More Work Is Involved
Because of the low barrier entry, most affiliate marketers promote the products on Clickbank. You may have to do some extra work and create a good landing page and campaigns to be able to stand out from your competitors and convince your followers.
Can I Trust Clickbank?
In this article, we highlight some of the pros and cons of Clickbank.
Clickbank has thousands of products on offer. Some are excellent and others need to be avoided.
Do some research, buy the product if you can, and work your way to finding a great product to promote.
A good way to contact the seller is by accessing their social media contact or skype address found on their sales page.
Many top marketers are using the platform, generating big sales. Clickbank is the go-to marketplace to find digital products to promote.
Clickbank is legit and it is one of the biggest marketplaces in the world.
Due to the high commissions, you may earn a good passive income even if you generate a few sales per day. Remember, most digital products offer recurring commissions as long as the customer remains subscribed.
Now go and check Clickbank if you´d like to get started.