I’m going to talk more about downsides of this type of business model and what Clickbank is missing in general. Clickbank is full of confused affiliate marketers who aren’t making much money at all so don’t think everyone is making money with Clickbank. In an article published by Clickbank itself here, they mention that only 3% on Clickbank actually make a commission, so you get the idea.
Affiliate commissions – I wanted to attend conferences to help me learn and grow. Many of those conferences offered an affiliate fee. One of the first I attended was Mark Victor Hansen’s MegaBook University. The price was $995 and I got a 30% affiliate fee. I promoted it to my little group of friends, told them I’d buy them dinner, and had 12 people join me there. I paid full price for myself, half price for my son and had flights and hotel expenses = $2500 and bought dinner for those 12 folks for another $300. So I invested $2800. But a week after I got home I got my affiliate check (33% of the 12 attendees = $3582) Deduct my total expenses and I got to attend the conference for free and netted a $782 profit. I’ve done that more times than I can possibly remember with conferences, courses and programs. We now conduct our Coaching with Excellence conferences and have affiliates who do the same as I did.
What a great post mate.This is brilliant for newbies who are struggling to get a start and build up some confidence in their ability to become successful.Just getting those first few sign ups and a sale or two is very inspiring when you are starting out.You make some good points about giving value first and then gently selling your offer,too many marketers like to sell,sell,sell…. This drives me nuts,so I guess it happens to most potential customers.I hope to get more brilliant content from you in emails in the future to help me build my business.
The more requests I get, the more in-demand I am. As a result, I become more valuable and am in a position to charge higher coaching rates for my time. My rates for coaching have grown substantially when I first started, as now my time is more valuable. My time can now better be spent growing my passive income streams and building systems that make me thousands of dollars per month every month.
If you can click interesting, high-quality photographs, you can sell your images on stock photo websites such as iStockPhotos and get paid when someone downloads your photos. Even if you upload one good photo which sells over and over again, you can make good money. Imagine the earning potential when you have hundreds of images on stock photo websites.
If you want to clear some space out in your house and have a big stack of books you’ve been holding onto for too long, you can make money selling your books and textbooks online. Stores like Half Priced Books and others will give you cents on the dollar for each of your current books while you can check what your book is worth by simply entering the ISBN number on Book Scouter.
Check out the work being offered and prices that are being paid if you have access on the site for that information. You can't start out setting a premium price for your product or service, even if you're offering high quality. On most of these sites, you'll build up a reputation, sales data, as well as reviews of your products or services. Once you have a track record, you can raise your prices if necessary, but first you need to get some work.
There are dozens of online services that allow anyone from around the world to work at home (freelance) and complete work for other individuals and companies. Jobs can be anything from writing reviews, designing logos, programming, proofreading, data entry, accounting, payroll, translating, and much more. All of these services allow you to list your qualifications and set your pay rate or browse through available job listings. Below is a list of some of the more popular contractor and freelancing related services.