The most common – and simplest – way to make money on the Net is to become an ‘affiliate’ which means you get paid commission for making sales of other people’s products. You leave the whole task of product creation, web sales copy, order processing and customer support, to the vendor: your job is simply to get the word out about the product. You are given an affiliate link which leads the customer to the sales site and identifies you as the person who gets credit if a sale is made.
One of the most popular affiliate programs is ClickBank.
They are in fact the world’s largest provider of digital products – essentially ebooks and software. You can choose from over 30,000 products in many categories and their affiliate program is simple to join.
The average price of a ClickBank product is $41. The average commission rate is 55%, although the top sellers often offer a much higher rate e.g 70% or 75% (the maximum).
If you are not a ClickBank affiliate sign up now, it’s free: Click here to Join
You will need to choose an id or ‘nickname’ and this will appear in your affiliate links so that you will gain credit for your sales.
You can search for a product at the ClickBank Marketplace where several thousand vendors display their products in an organized directory. You should aim for products with a reasonable rate of commission, say 50%, to make your efforts worthwhile.
The Marketplace listings are ranked by popularity, so you can see which are the in-demand items. Popularity is determined by a number of factors, the main being the amount of sales and the number of affiliates making sales over the last 12 weeks. Note therefore that a product at the low end may still turn out to be popular especially if it is new. Visit the sales page of the product to confirm that the sales copy does a good job of selling the product.
The vendor should provide you with much more than just a link to join the affiliate program. Check for any useful promotional material (e.g. sample ads, articles, solo mailings, endorsement/reviews, signatures). Ideally there will be an affiliate mailing list so that the vendor can convey useful news. You want someone reliable who won’t disband a program or make rule changes without telling you.
Once you are happy that the affiliate program is worth promoting and does not suffer from potential ‘leaks’ you can collect your affiliate link, known as a hoplink. It has the format http://xxxxxxxx.vendor-id.hop.clickbank.net where you substitute xxxxxxxx with your nickname. You should check the validity by clicking on it and following through to the ClickBank order page where you should see [affiliate=yournickname] at the bottom. If not then you may have incorrectly formatted your hoplink or it’s possible that the affiliate program has been discontinued.
You need to meet a payment threshold before you get paid. By default ClickBank sets this at $100. So what you can do is lower it if you wish, you can go as low as $10 but be aware that $2.50 is deducted for each check payment to you.
Obviously if you could make some quick easy sales of something, anything – which need not even be your selected product niche – then you will be able to meet the Customer Distribution Requirement, become eligible to receive your first check and soon get the 2 checks allowing you to move to direct debit – which then means weekly payment and no more waiting for the postman to deliver your check.