Avoid These Profit Killing Mistakes For Clickbank Vendors

March 11th, 2011 | Posted in Internet Marketing

Clickbank is one of the most vibrant marketplaces for anyone that’s trying to sell digital products online. It is no secret that quite a few people have profited handsomely, and they got their start at Clickbank. It would be very helpful for any vendor to learn a few of the ropes so mistakes are avoided. There are certain kinds of mistakes that no vendor would want to make.

It is smart to learn from others, so take the following Clickbank vendor mistakes to heart. Whether you’re selling information products about make money from home or any other niche, Clickbank will help you sell more if you can avoid these mistakes.

One of the most common mistakes is to make multiple payment choices available on their sales pages. We do understand the rationale behind this practice that is intended to provide value to customers, but the end result is you are hurting yourself. You will losing a lot of money by doing this, and the loss will be in terms of your Clickbank commissions. Also, if you are selling with Paydotcom, then the same thing will happen if you make payment by CB possible. 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. So this is a strategy that will not work well for you over the long term. Another frequently seen mistake among vendors is a lack of clarity when explaining to customers what they’re getting. Your customers can’t simply pick up your product and browse before they buy, as your digital products are intangible. So you need to make your offer as real, and as precise as possible. Your product description is important, but showing a representation of your product with a graphic of a book cover can help to make the product seem more tangible. Most successful Clickbank vendors will focus on creating compelling copy as well as excellent design for their graphics to give their product a more tangible edge. For instance, if your product is an eBook about money with surveys, you can easily create a graphic cover displaying this eBook making it look real.

You must be active in promoting your sales page outside of Clickbank, and don’t make the mistake of depending solely on the network to send you traffic and affiliates. Figure out a way to find highly successful affiliate marketers, and then make it worth their time to sell your product. In summary, in order to be successful as a Clickbank vendor, you’ll need a lot more focus than just signing up and waiting for a few sales. These mistakes can punch a hole in all your efforts if you don’t correct them right in the start. It doesn’t matter what you’re selling; an Internet business is still a very real business and needs to be treated as such. Any Clickbank vendor can make it to the top, but only after focusing on building a real business. So make sure you do your homework before you take in the plunge and grow your digital product empire. For instance, if you’ve made these mistakes selling earn money online related eBook on Clickbank, make sure you fix them beforehand.

No Comment

Making Money With Domain Names

August 4th, 2009 | Posted in Domain Names, Making Money Online, Moneymaking Ideas

There are many ways to make money online and one lucrative way is by buying and selling domain names. With just a cost of a $10 registration fee some have made thousands, even millions, on just one domain alone. If it were so easy then no one would need their day job and could be instantly living in the lap of luxury.

Before you start out on this moneymaking venture and pick  just any name, remember the most valuable domain names are already taken. When selecting a domain name you have to consider its potential value. The best way is to analyze what the domain could be used for if someone were to build a website on it, the targeted buyer for it and would you yourself  buy it for more than the registration fee let alone pay a considerable sum for it.

Start on a small scale. For example a $50 investment. You can either register a few new domains or find ones for sale  that look promising and priced low enough. Sometimes there are domain sellers that are clearing out their portfolio or are in dire need of money which you could bargain with to get them cheaper. If you can make even $20 or $30 on each domain sale, then you are well on your way to making money with domain names. Once you get into the swing of things, you can get into the higher priced domains and make even bigger profit.

There are many places to buy and sell domain names like Sedo, GoDaddy Auctions, Snapnames, Aftermarket, NameJet, Moniker, as well as numerous webmaster forums. Especially in webmaster forums you can advertise for free and find some great deals.  Once you have acquired these domain names you will either have to park them with a domain parking service, which most are free,  or place a web page on it to help increase the value of the domain until you sell it.

Just like starting any online business, you have to do some research and look at the trends of what is being bought and sold plus findng the best places to market them. Always keep in mind that you want to buy low and sell high, and not get into the opposite trap where it could become a losing venture.

Many are successfully making money online with domain names and you can too.

1 Comment