What is Clickbank?
Written by: Whirly Popcorn Maker. ClickBank was founded in 1998 as a network that intermediates the online sales of digital informative materials, affiliate products and services together with membership and subscription packages. Market studies indicate that there are more than 12,000 publishers promoting digital products and over 100,000 affiliates that work on ClickBank. When we say ClickBank we say sales, since this business is definitely the most visited converting business on the Internet, servicing the international market at an incredibly high rate. There are around 20,000 orders processed daily with a profit of $1 million.
The successful business model that generates such huge profits to ClickBank relies on a formula that brings together more special product publishers, Internet affiliates and consumers. Who benefits from the network? Well, publishers get the chance to sell intellectual property, consumers shop for products that are not available in regular retail stores and affiliates pay incredibly advantageous commissions for their advertising.
ClickBank acts as the intermediary or the link between these three groups ensuring transactions transparency, secure operation platforms and top quality anti-fraud protection.
Each of the above mentioned groups receive specific assistance and support from ClickBank. ClickBank follows a closed-system pattern, meaning that permanent development is not carried out at the expense of the customer, and most of all, it does not become the responsibility of the client. While with other programs, an affiliate would have to bring other vendors in order to augment the system, ClickBank does not impose any such obligations. The network generates the profit on the basis of the commissions paid from sales, which once again indicates the extent of the transactions conducted in this model.
For consumers, ClickBank represents the chance to purchase all sorts of specialized products and services available with niches only and usually absent from regular retail stores and shops.
The variety of products is incredible, the transactions are very safe and the entire system incorporates only user and consumer-friendly features in all respects. Last but not least, affiliates earn a lot by simply adding some ClickBank products or services to their websites. The most advantageous of commissions here are up to 75% of the sales but more money can come out of referring publishers and affiliates to ClickBank.
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Tagged with: affiliate marketing • business • Business Online • commerce • e commerce • internet marketing • marketing • online marketing
Filed under: Business Online
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