Next, I’m going to walk you through the information that’s in this box, because this is a lot of information in this little box and it can get overwhelming if you don’t know what all these terms mean. The first thing you want to pay attention to is the average amount of money per sale. This is not how much the product costs; this is how much an affiliate makes on average for one sale of that product. When you look at the stats line, this basically drills that down into a little bit more detail. The initial sale is $20.65. Why does this go all the way up to $26.80? That’s because there’s a re-bill feature. What that is, is basically they buy the product, and then there’s an add-on or another option for that person to sign up to some membership site, and that’s how much they make on average from the re-bill. If you average everything together, this is how much the affiliate makes with everything considered.
Many affiliate marketers use paid advertising to generate additional traffic to their site and drive more sales. Paid advertising on social media is often a good place to start, as these networks tend to be more affordable.You may also want to consider taking out inexpensive banner ads on small niche sites. Depending on your niche, Google AdWords could also be a good option to drive some paid traffic to your site.
I, too, have always looked at ClickBank as a secondary and even tertiary monetization source. But it can be a great sources of revenue. I linked one of my articles to a related product on CB, and without really doing promotion or anything unusual, I get a few sales a week. Mind you, the keyword(s) for the post aren't that huge either. So, even though the traffic not huge on that post, it still manages to get some sales.
Site Build It - Site Build It is my second choice for learning how to create an online business. The training is very good and you get one website with hosting included. There is no free option, which is one of the reasons that it is not my first choice. I started here back in 2007 and the education that I received was very valuable and helped me to achieve a great level of success.
Affiliate marketing is an ideal solution for those looking to gain control of their own income by focusing on performance-based revenue options. Working in tandem with a seller, a motivated affiliate marketer will be able to achieve a passive income from the comfort of their home without worrying about producing their own product or service. Although the success of the job does depend on the affiliate’s marketing skills, it can prove to be an effective way to meet your income goals as either a primary career or a profitable second job.
ClickBank aims to serve as a connection between digital content creators (also known as vendors) and affiliate marketers, who then promote them to consumers. ClickBank’s technology aids in payments, tax calculations and a variety of customer service tasks. Through its affiliate network, ClickBank also assists in building visibility and revenue-generating opportunities for time-strapped entrepreneurs.
Affiliate marketing has grown quickly since its inception. The e-commerce website, viewed as a marketing toy in the early days of the Internet, became an integrated part of the overall business plan and in some cases grew to a bigger business than the existing offline business. According to one report, the total sales amount generated through affiliate networks in 2006 was £2.16 billion in the United Kingdom alone. The estimates were £1.35 billion in sales in 2005. MarketingSherpa's research team estimated that, in 2006, affiliates worldwide earned US$6.5 billion in bounty and commissions from a variety of sources in retail, personal finance, gaming and gambling, travel, telecom, education, publishing, and forms of lead generation other than contextual advertising programs.
Now as to your comment on traffic it is true, traffic is important. But the truth is, acquiring traffic is easier than converting it. Plus we have many posts dedicated to traffic generation on this blog. Simply check this post, this post or this post. But must importantly, the reason why people struggle with traffic is that they try to promote a sales page or a heavily biased piece of content. Nobody wants to share that, nobody wants to link to that, and as a result you don't get traffic and blame your lack of success on traffic (like you did in your comment above).