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Generosity as Business Strategy
Ever wonder why some products are wildly successful while
others struggle? Not an easy question to answer, but
successful products do share a number of characteristics.
First and foremost, they all meet a specific need or solve
a current problem for the prospective consumer.
Additionally, they all deliver real value, are well
positioned and marketed, and are priced right.
With ClickBank products, there is one other critical
consideration -- will affiliates promote the product?
Virtually all best-selling ClickBank products benefit from
a significant number of affiliates actively promoting them.
These affiliates risk their own resources, both time and
money, to drive qualified traffic to products that convert
and return a profit. These affiliates have a huge variety
of products to choose from, so make sure yours gets their
attention.
Remember, affiliates are looking for products that sell to
a specific niche, offer good quality and value for the
consumer, convert well, and, last but not least, pay enough
commission to earn the return on investment they require.
When you are new to ClickBank, you may be thinking "I can't
afford to offer 50% or higher commission to affiliates."
The real question you should ask is, can you afford NOT to?
Here are some statistics that deserve careful consideration.
Listed below are the average commission percentages for
ClickBank accounts with affiliate-referred sales in 2007:
Top 10 selling accounts- 74% commission
Top 100 selling accounts- 69%
Top 1000 selling accounts- 60%
Average for all accounts- 55%
Commission offered to affiliates is not a singular determinant
for product success. With that said, I believe this data speaks
for itself.
So remember, if you're a ClickBank product publisher just
starting out, or if you're looking for ways to improve
existing sales, take a second look at the commission rate
you offer affiliates. Generosity is often rewarded.
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