Showing posts with label conversion. Show all posts
Showing posts with label conversion. Show all posts

Sunday, December 10, 2006

Why I Love Clickbank !

David Cooper

There are a number of reasons why I like the ClickBank affiliate program. The Clickbank Marketplace is an amazing program that allows you to generate revenue, which is included in their affiliate zone. This site is friendly, and resourceful, one that generates traffic, commission sales and runs by itself.

Clickbank also features a professional design and comes fully developed as a search engine. It is fed by the Clickbank's Marketplace of over 50,000 products and businesses. The Clickbank Marketplace offers an automated database update system and Clickbank cookie features giving you commissions on sales from visitor's for up to three months after a visitor has left your site!

The commission percentage structure is based on monthly revenues through sales from your Clickbank ID. You receive a commission rate form 5-65% that is determined by the partner site. This is one place where you won't have to sit around and wait for your checks because ClickBank pays you through faster venues (like PayPal).

ClickBank not only allows you to accept credit cards on your web site without the need for a merchant account, but it also provides other ways in which you can generate income. I'll highlight five different ways you can start making money with ClickBank.

1. Become an affiliate for ClickBank products

You can easily sign up as an affiliate through their website at http://clickbank.com. Take some time to "shop" and look through the full range of products that are in their marketplace for products that you'd like to promote. For example, you can start by looking in the appropriate category on products that you have a good handle on. You should find products that match up well with your existing business and that you'll be able to promote to your mailing list.

To promote a product, you simply create a hoplink, which is designed in the following format:

http://hop.clickbank.net/hop.cgi?nickname/merchant

All you have to do is replace the word 'nickname' above with your own ClickBank nickname, and 'merchant' with the nickname of the merchant. It's that simple. If you're not sure what the nickname of the merchant is, you can always go to their sales page and get it from their sales link which will probably look like this:

http://www.clickbank.net/sell.cgi?Merchant/1/ProductName

Where 'Merchant' is the merchant's nickname. Or you can look for an automatic way to generate hoplinks by trying to find it at the page below:

http://clickbanktoolkit.com/promoteaproduct.html

2. Sell your own product through ClickBank

There's no better way of making money online than selling your own product, and with ClickBank you can start doing this very quickly and with little trouble.

You can sell up to 50 different downloadable products through ClickBank with a single account. To become a merchant costs less than $50, rather than the hundreds of dollars it often takes to set up your own merchant account.

The best part is that you will not be going it alone either. There are literally thousands of web masters that sell their products through ClickBank. Some of these people include, but are not limited to, Ben Prater, Joe Vitale, Jeremy Burns and Jim Edwards.

3. Sign up your own ClickBank affiliates

When you sign up with ClickBank as a vendor, you can start recruiting affiliates to sell your product almost immediately. If the other affiliates are receiving commissions from selling your product that means YOU are making money as well. The best thing about this is that you can choose exactly what level of commission you want your affiliates to receive.

4. Refer new clients to ClickBank

You can earn a great deal of money just by promoting ClickBank itself. You can get complete details about this at: http://clickbank.net/reseller.html You won't make millions doing this referral, but it's useful as an additional income stream with commissions that can range between $0.05 and $10.00. When you are trying to make some money, every little bit helps.

5. Promote a ClickBank Storefront

What makes ClickBank's a great program is that ClickBank actually has its own MarketPlace. The Clickbank Marketplace is fairly limited in terms of how functional it is, but various companies offer a 'storefront' for all (or some) of the products listed in it. Also, each one of which will have your ClickBank affiliate nickname attached to it giving you even more exposure.

The idea is that you can promote your own storefront, get commissions from people who visit, and go on to purchase products that are listed. All of these moneymaking possibilities are appealing to all web affiliate marketers.

One of the most powerful link ups that I've seen so far is http://www.CBGold.com, followed by a couple of others you can view for comparison at 1stPromotion.com and ClickbankAffiliates.com. I guarantee that it will be worth your time.



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David Cooper is the editor of the Affiliate Marketing Articles Newsletter. David specializes in helping people with their affiliate marketing efforts by offering real world tips and strategies. Subscribe to his FREE newsletter at: http://www.affiliatemarketingarticles.com

Friday, December 8, 2006

Affiliate business knowledge.

What are the affiliate programs?

Affiliate program - is an Internet resource (definite web-sate or group of web-sites),which deals with selling of any product.
And now, the simple explanation is as follows: If you bring a client to the web-site of a seller and a client – which you have brought – buys something there, then you get your commission which has being determined in advance. That is all. Is it simple?
No, everything is simple and complex at one and the same time.
On this blog you will find step-by-step guide to action.

Affiliate program search within searching system.

- Type key words in the search engine field: “Anything you like”
- Get search result to the topic.
- To find affiliate program in the Internet is not hard ;)
As soon as you have read a summary about affiliate program on the web-page of the “seller’s web-site” you go to the page of registration and fill in the standard form.
You are offered to type in your details (first name and last name, URL where advertisement of seller’s web-site will appear). Choose the password for the future management of your business with the resource.

Affiliate program search on clickbank.com

You can spend a lot of time to look through page after page. But both in reality and virtual reality there are “supermarkets”, where are lots of goods within one place.
All goods – for which affiliate programs are offered in clickbank.com marketplace - are divided into several groups in order to make search easy.
Register your own affiliate.
Your (ad) link contains your personal information inside (your login, at registration within affiliate program), thus there is opportunity to follow where a buyer comes from and who is going to receive his percent of sale.

Product promotion on the e-market.

Working within Pay per Click system.
The essence of operating within Pay per Click system is in showing your advertisements in the form of text or banners advertising on the web-sites pages or on the pages of search engines.
CPC is pay per one click. What does that mean? For example, you have registered in PPC system, filled in all forms and comprised advertising text. You have started your business. Somewhere at this moment on the web-pages with similar topic thousands of people can see your advertisement about selling ‘SOMETHING’ in search system. People click on it, follow URL No. 1, hidden in the text of advertisement, to the seller’s web-site, and buy ‘SOMETHING’. In this case your partner pays you agreed in advance percentage of sale of ‘SOMETHING’. After all, sale has been performed through your affiliate. And you pay to PPC for clicks which were made for advertisement placed within this system. CPC is the payment for one such click.

Search and choose key words.

Choosing of key-words is very important stage, as well as choosing of affiliate program. Efficacy of your goods selling will depend on choosing of the key words, as well as efficacy of turnover of your investments in advertising. With the development of e-commerce and PPC systems, words became the same goods like services and real estate. Together with you there are lots of sellers on the market, which offers the same or alike goods. Because of this competition (and demonstration of advertisements is realized under those key-words, which a buyer types in search lines of searching engines) the cost of key-words varies, like stock price in New York stock exchange.

Conversion Calculation.

Saying in simple words, CONVERSION is a proportion of quantity of people which have visited your e-shop, to quantity of people which made required action, viz, buy of goods, registration on the web-site, click and advertising review.
Leading of your first advertising campaign.
To begin with, let’s take the definite goods and set different budget every day. Let’s regard parameters of advertising campaign on my blog. This information includes all main indices, which we are to take into account every day. This is not hard and takes approximately 20 minutes. How much time you have spent for advertising campaign will result in your profit.

Determination of value of every your client.

As soon as you calculate the value of your users, you’ll be able to determine your maximum rate per key-words.
For example, you can decide, that the value of every user of your web-site is 48 cent within net profit. It means that you can offer 38 cent per click maximum in order to guarantee the you generate great value if profit.
Importance of your users can also help you to determine which pay per click engines PPC you will use, as minimum cost per key words in different engines may vary greatly.

Best regards,
Lobskiy Stanislav
bridgetoberich.blogspot.com

Thursday, December 7, 2006

Determination of value of every your client.

As soon as our first advertising campaign is accomplished, we can calculate average value of every client, not depending of his reaction to our goods, either he has bought it, or just has closed the window.
There are thee simple steps, which will help you to define the value of every user on your web-site:
1. In order to determine conversion of your goods let’s calculate:
Number of users ÷ number of sales = your conversion
Pattern: 113 users ÷ 4 sales = 28.25, i.e. 1 to 28.

2. In order to determine your net profit per one sale, let’s calculate as follows:
(total net – total expenses) ÷ number of sales = net profit per sale.
Pattern: The amount of total profit is 98.00$ - the amount of total expenses 43 $ = 55$ and divide by ÷ 4 sales = net profit is 13.75 $ per sale.

3. In order to define the value of each user on your web-site, you are to calculate as follows:
Net profit per sale ÷ conversion = personal value of a user
Pattern: net profit per sale is 12.50 $ ÷ conversion 28.25 = 0.48 $

And you get the value of every your client.
As soon as you calculate the value of your users, you’ll be able to determine your maximum rate per key-words.
For example, you can decide, that the value of every user of your web-site is 48 cent within net profit. It means that you can offer 38 cent per click maximum in order to guarantee the you generate great value if profit.
Importance of your users can also help you to determine which pay per click engines PPC you will use, as minimum cost per key words in different engines may vary greatly.
If you're tired of the B.S. and are ready to learn the truth about Internet and Affiliate marketing - Click Here!

Conversion Calculation.

Keep working with http://marketplace.clickbank.net/ we can determine which goods is in popular demand on the market, which commission of sales we can get and a lot of other things which are available Online.
Let’s start from the determination of what ‘conversion’ is.

Conversion is an equation which determines the number of users, which became the subscribers, buyers or members of an affiliate program which you advertise.

Saying in simple words, CONVERSION is a proportion of quantity of people which have visited your e-shop, to quantity of people which made required action, viz, buy of goods, registration on the web-site, click and advertising review.

Conversion is very important parameter of determination of the budget of your business. You have to know the volume of expenses for advertisement, how these expenses are paid for your business.

For example, formula of calculation of users’ conversion, which had subscribed or had bought the product, could be as follows:

Number of users + number of buyers = rate exchange

In other words, if your web-site and your advertisement has 10 000 users and 500 subscriptions for news (or result clicks, that is clicks, which resulted in purchases), then the conversion will comprise 1 to 20.

If the owner of the affiliate program offers you conversion 1:20, it means that one of twenty users is going to buy (registration, or any other action, which you’ll be paid for).
You have placed an advertising on Google, your advertising budget comprises 50$ per day, and you pay 0,10$ per click. It means that you are to have 500 users, in order your expenses have to be repaid. Profit = expenses.

Let’s do approximate calculation of your profit of ONE affiliate program. This is not a hard task:
Let’s guess:
- We choose goods on http://marketplace.clickbank.net/
- Offered conversion is 1:30
- Profit of one sale is going to comprise, for example, 30$.
- 1 click on you advertising will cost you 0,20$ (it depends of key-word cost).
Let’s define how much we have to pay to Google in order to complete ONE sell:
Pay per click * quantity of clicks = expenses for advertising

0.20$ * 30 = 6$ - is our payment for advertising by Google at ONE sale.
Let’s estimate our profit!

Profit of a sale – expenses for advertisement = profit
30$ - 6$ = 24$ - thus, profit of one sale with our affiliate program will comprise USD 24.
Let’s imagine that we pay advertisement at the arte of 60$, it’s 300 users.
If the conversion is correct, we will make 10 sales and get:
300$ - 60$ = 240$ Profit of ONE goods per day with budget of 60$!
The most important thing for us is correct calculation of expenses for advertising. Which maximum cost should we set per one click on your advertisement, in order to get profit at existed conversion?

You are just to start in order to succeed!
Let’s regard the process of advertising agency working in order to make further calculations, which help you to define the importance of each user of your web-site.

If you're tired of the B.S. and are ready to learn the truth about Internet and Affiliate marketing - Click Here!