How to Get Paid by ClickBank
ClickBank is one of the leading affiliate networks, with thousands of merchants and millions of products to promote. The company offers a variety of commission plans, including stand-alone options and tiered programs based on volume or performance.
At first glance, ClickBank’s pay-out structure may appear somewhat complex; however, if you take the time to understand how it works, it is actually quite simple. In this blog post, we explain ClickBank commission structures so that you can start promoting products effectively and efficiently.
Understanding ClickBank’s Commission Structures
At the heart of every affiliate program lies a commission structure. A commission structure is the set of rules that govern how and when affiliates are paid. To understand ClickBank’s commission structures, let’s start by defining a few key terms.
- Commission: A commission is the payment that affiliates receive for the sales they generate.
- Commission rate: The commission rate is the percentage of each sale that ClickBank will pay to the affiliate.
- Terms: The terms are the duration and frequency of payments to affiliates.
ClickBank pays based on the net sale price. For example, if the sale price is $100 and ClickBank’s commission rate is 50%, the affiliate earns $50.
Before ClickBank pays the affiliate, however, the company deducts two pieces of the sale price: the merchant fee and the payment processing fee.
The merchant fee (also known as the net revenue share) is the amount ClickBank pays to the merchant from the affiliate’s earnings. The payment processing fee is the amount discounted from the affiliate’s earnings to cover the chargeback rate and processing cost.
A stand-alone commission is a fixed amount paid for each sale generated by the affiliate. A typical stand-alone commission is $50 per sale.
Some affiliates, however, may have higher rates. For example, the commission may be $75 or $100. The only rule of thumb is to make sure that your rate is competitive in terms of both the product and the network.
Keep in mind that some merchants may not accept a stand-alone commission. It is always best to ask the merchant if they will accept the sale before attempting to close the sale.
A tiered commission is a commission structure in which the affiliate’s earnings increase as more sales are generated. It is a great way to incentivize affiliates to increase volume, which can result in increased revenue for all parties involved.
A common tiered commission structure is 70/30. It pays the affiliate 70% of the first tier sale amount, 75% of the second tier, and 80% of all other sales.
What is a ClickBank Vendor ID?
A vendor ID is a unique ID that ClickBank assigns to each merchant on the network. It is a 10-digit number and can be found on the product page of each product that you are promoting.
For example, if you are promoting this Beach Body product page, the vendor ID is 11190-7550.
Vendor IDs are important because ClickBank uses them to calculate commissions for your referrals. If you find a product that makes you money and a vendor ID is not listed on the page, you will want to reach out to the merchant and ask for it so that you can track your commissions more efficiently.
Tipping Point and Welcome Mat Commissions
Tipping point commissions are commissions that ClickBank pays to affiliates when a predetermined number of sales have been made.
For example, the merchant may set a tipping point of 10 sales, at which point the affiliate receives a $100 commission.
Welcome mat commissions are commissions paid out to affiliates when a new customer places his or her first order. Welcome mat commissions are often tiered, as with tipping point commissions, to incentivize affiliates to promote products that generate long-term sales.
Affiliate marketing can be a lucrative side hustle, but it requires time and dedication. Before getting started, it’s important to understand ClickBank’s commission structures so that you can promote products effectively and efficiently.
Once you have a firm grasp on ClickBank’s commission structures, you can start searching for products to promote. To launch your campaign, make sure to sign up with a network like ClickBank and follow their guidelines.
Once you’ve found a product, create engaging content and make sure to properly track your progress, so that you can accurately track your earnings. To maximize your ClickBank earnings, make sure to promote products in high demand and that are relevant to your audience.
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