PASSIVE INCOME: Stop working - Start living - make Money while you sleep (top ideas to create your personal money machine, a step by step guide to create passive income) by Waters Ralph
Author:Waters, Ralph [Waters, Ralph]
Language: eng
Format: mobi
Published: 2016-03-09T05:00:00+00:00
For each product listed on their site, ClickBank provides a series of statistics to help you learn about them. For example, you can learn:
■ Init $/sale tells you how much you would make for the sale of a product.
■ Avg Rebill Total applies only to products that bill on a recurring basis, such as membership sites and subscriptions.
■ Avg $/sale is the same as the initial sale for one-time products, but will include the average rebill for products that include that option.
■ Avg %/sale tells you what the average commission percentage is for all products (including rebills and upsells) for a particular product
■ Rebill %/sale tells you the commission you can expect to earn for rebills.
■ Grav is a unique statistic created by ClickBank to tell you how hot a particular product is. It is a reflection of recent sales as well as the number of affiliates promoting a product, so a high Grav number might make a product a good choice, but may also indicate that you will have a significant amount of competition.
When you click on a category or subcategory on ClickBank, you will see the products listed in order of popularity. However, you can also choose to sort the products by any one of the statistics provided to get an idea of which products you prefer.
I recommend taking a look at the top products in your chosen category and also looking up the products you noted earlier. Narrow them down based on what you learn. After that, I recommend taking the following steps to thoroughly research the products left on your list:
1. Do a Google search and read reviews of the product. You’re going to face an uphill battle if you choose to promote a product that has a slew of bad reviews, and you might as well know about it up front. If you notice a lot of complaints or people saying they have returned the product for a refund, you may want to think twice about sinking your time and effort into marketing it.
2. Opt in to the mailing list for each product so you can get an idea of what the sales funnel is like. You want to know what materials you’re going to get as an affiliate.
3. Do a search for affiliates who sell the product in question. You should look for complaints from affiliates, especially those that have to do with not getting paid in a timely manner. You may also want to reach out to marketers in your niche to see what they have to say about a particular product. Knowledge is power.
4. Once you have narrowed down your list again to three or four products, I strongly suggest that you buy at least the basic product to see what it’s like. Trust me, you don’t want to be selling a product that you know nothing about. You need to know what is included with purchase of the product so you understand what you will be selling. Doing a thorough review
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