Welcome to the Online Affiliate Marketing module. This is the second module of our How to make Money with Clickbank series.
Here’s the link to the previous module (module 1 of week 2) in case you missed it: How to Make Money with Click Bank 1.
Online Affiliate Marketing Basics
What is Online Affiliate Marketing?
Now, what is online affiliate marketing? You probably know already but don’t worry if you don’t know. That’s why I’ve created this module.
I asked this question to make sure you do not miss some golden nuggets in this module that you may have thought you knew that may help.
You know when I first got started learning affiliate marketing, I would go through the course one after the other.
Even if you thought you knew all the content already, you should still go through it because you might find something you’re not expecting that can change everything.
It may be just one little thing that just makes your brain think a little differently, that triggers that little spark and can be a game changer.
So even if you think you know this stuff, stick through it, study it, because there might be something in here that will surprise you.
Okay, so online affiliate marketing is essentially promoting someone else’s product on the internet and getting commissioned. It’s as simple as that.
On Clickbank, there’re tons of people who have created amazing products in so many different niches that you can find and promote.
How to Make Money with Online Affiliate Marketing Using Clickbank
Now these people who’ve created these products want traffic. They want people to essentially send traffic to their product.
So instead of them doing it themselves, they’re willing to give away a commission to you if you can send them a sale. This is how you make money in online affiliate marketing if you’re using Clickbank.
All right. Now, because majority of these products on Clickbank are digital products, they can make you really high commissions.
How Big Are Clickbank Commissions?
Now you’re probably wondering, “Okay, well if I’m going to promote someone’s product, then I’m probably going to earn a small commission, right?”
No! It’s not something like 5 or 10 percent commission.
Well, if you’re promoting a real physical product, let’s say for example on Amazon, then yeah, you will be getting a 5 to 10% commission if you’re lucky.
This is because it’s a physical product. Manufacturing costs are involved. Shipping costs and some other kind of stuff are involved which cost money.
These costs are taken out of the profit so you get a lower commission.
Whereas on Clickbank, it’s all digital products like video training, membership sites, ebooks, and things like that.
So the vendors, that is the people who own these products, can give you amazing commissions.
Now, these commissions can range from 50% (yeah, you heard me right) 50% all the way up to 75%.
This means you’re going to make more money than the actual person who created the product! How cool is that?
How to Earn Clickbank Commissions
Here’s an example. Let’s say a product sells for $100 and let’s say there’s a 75% commission for that product.
Every time someone buys, you will make $75 every time per sale from your link as an affiliate.
Whereas the product owner only makes $25, you’re making three times more than the product owner, which is an amazing thing.
So you really want to take advantage of being an affiliate on Clickbank because of these high commissions, which is really awesome.
How Much Money Can I Make Per Sale on Clickbank?
Now you’re probably wondering, well, how do I know how much money I can make per sale?
Well, if you go into the Clickbank marketplace, you’ll see that there’s an area that shows you the “per sale” commission amount, that is the percent amount per sale that you’re going to make.
See the screenshot below.
The marketplace will actually tell you, so you’ll see numbers like $22, $68 and things like that.
In the next module, I’m actually going to walk you through the Clickbank marketplace and I’ll show you where all that stuff is.
That way you’ll really understand it and won’t get lost at all. Okay? So I’m going to literally take you over to my screen and I’m going to show you how to find that stuff and see what it is that you’re making.