ClickBank Residual Income
Chapter 1. Introduction
Chapter 2: Recurring billing products
Chapter 3: Recurring billing for vendors
Chapter 4. Recurring billing for affiliates
Chapter 5: The Ultimate recurring billing product
Author: Harvey Segal
Chapter 1. Introduction
Hi,
It's Harvey Segal of SuperTips.com here.
There's one thing better than finding you have a Sale in your ClickBank account.
It's finding that you have a Rebill.
In other words your profits did not end when your customer made a purchase - he has continued to pay for
use of that product and you are earning regular or 'residual' income.
This is made possible with the introduction by ClickBank of recurring billing products.
In this short guide we'll see how vendors can implement such products and how affiliates can find them.
And we end with the ULTIMATE product - which means a super residual income can be YOURS.
By the way if you are wondering what are my credentials for writing a guide about ClickBank
- I own the ClickBank Success Forum with over 19,000 members.
- I own The Complete Guide to ClickBank , the only site devoted completely to ClickBank.
- I am the author of 3 major books about ClickBank and a number of guides
- I have participated as an Advisory Board member in ClickBank's European Client meetings
Chapter 2. Recurring billing products
Recurring billing products are ones which repeatedly bill customers on a regular schedule.
They fall into two categories
2.1) Provision of an online service or a software tool
Examples are web hosting, autoresponders.
Managing such products is easy. You allow the customer use of the product until it is no longer required at
which point you deactivate access to it.
2.2) Provision of content
The most common example is a Membership (or Subscription) site where customers pay to have access to
information. Such information could be ebooks, software, articles, audio interviews etc
Membership sites tend to need more management and may use membership software to handle sign up,
user accounts, levels of membership, cancellations.
Other examples are
* Online communities or forums where people with similar interests can share ideas
* Newsletters and online news sites which provide customers with access to the latest information about a
particular niche.
Chapter 3. Recurring billing for vendors
3.1. How to submit a recurring product to ClickBank
The procedure is mostly the same as for a single item but with some important differences the main being in
the item details required.
Product:
You need a Product Title (max 70 characters) and a Product Description (max 250 characters) - these will
appear on the ClickBank order form, not in the ClickBank Marketplace.
Pricing:
Initial Price – what the customer pays for the initial purchase (the minimum is $4.95)
Rebill Price – what the customer pays for each subsequent payment (the minimum rebill price is $7.95)
Billing Information:
Frequency – when the rebilling will occur. The choice is bi-weekly, monthly, quarterly or yearly.
Duration – The number of times a customer is billed including the initial payment. This can range from 2 to
99.
You can also declare a trial period which is a period of time (maximum 31 days) where the customer can try
out the product at a reduced price before the regular billing begins.
For example if you offer a trial period of 10 days and 30 monthly payments the customer will have a 10 days
trial period followed by 29 monthly rebills.
3.2. Getting approval
As you may know once a vendor account is approved with the first item you can add SINGLE items without
needing approval from ClickBank.
However with recurring billing each new item must go through the product approval process.
And because the subscription terms when a customer signs up need to be preserved for the life of the
subscription no change can be made to a recurring item (apart from the product description)
If you need to change for example the price for future customers you have to create a new item. There is a
duplication feature in the Account to help you do this. If you plan to have different price points you may want
to set them up in advance and have them approved in one go.
3.3. Fees
For single items ClickBank purchases the product from the vendor at a wholesale price equal to 92.5% of
retail, less a $1 stocking charge. This is similar for recurring billing products except that where the rebill is
less than $40 the figure is 90.1% of retail.
Here is a useful calculator
3.4. Cancellations and refunds
If a customer cancels his subscription it means that no future rebills will be charged to his account. ClickBank
will notify you by email and you will need to stop access to the product when the billing period he has paid for
comes to an end. Note that a cancellation does not generate a refund.
If a customer refunds a product the remaining rebills are cancelled and no further charges are made to the
customer. As per ClickBank's refund policy any payment within the standard 60 days return period will be
refunded so this could involve multiple past payments.
Chapter 4. Recurring billing for affiliates
To find recurring billing products go to the ClickBank Marketplace, select the Category/Sub-Category of the
product you want and use the Narrow Results by Billing Type option.
Alternatively use Find Products at the top of the page with Advanced Search and choose the Billing Type as
Recurring.
In addition to the usual Marketplace stats you will find these:
Avg Rebill Total $ is what you could expect (on average) to earn after the initial sale, i.e it is the total of future
rebills. So it's a measure of how often customers continue their subscriptions.
Avg %/rebill the average commission rate earned on rebills (excludes the initial sale).
If you don't find the product you are after - or even if you do - you won't want to miss the next chapter.
Chapter 5. The Ultimate recurring billing product
How about promoting and earning residual income for a membership system which includes classic
examples of the main types of billing products mentioned earlier, in this case
- exclusive access to a private forum run by experts for ClickBank affiliates and vendors
- hosting , with a ready-made blog geared to ClickBank affiliate promotion
And we offer you recurring monthly commissions of up to 75%.
Check out the full details of the ClickBank Starter Package here.
5.1. Join the Affiliate program
We have a Promotion Guide with a huge variety of tips, advice and ideas for promoting the book.
But here's the best way to promote.
You can give away this book rebranded with your affiliate id.
How ?
Well if you thought that rebranding involved downloading a rebranding package, running the rebrander,
entering your personalised information, uploading the resultant file to your site (if you have one) and creating
a download page then you are going to be pleasantly shocked.
You don't need any of that.
All you do is hand out an affiliate link for this book.
And that link is waiting for you in your account.
Nothing else you need do.
So collect it now
The cost ?
It's free
PS: A bonus - the links to all my sites listed in this guide will also contain your ClickBank id so you'll get 70%
commissions on the purchase of my 3 main ClickBank books (and other products in the SuperTips account)
PPS: Your sign-ups will be registered on our database with YOU as the referring affiliate. So, unlike the
ClickBank system where affiliate cookies can be lost or overridden, no-one but YOU will be credited with the
sale when the customer upgrades his account.
Start collecting those recurring commissions.
Sign up NOW
Thanks for reading
Your questions, comments, suggestions are welcomed.
Harvey
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