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Added for You - Affiliate Marketing - The Truth About Clickbank Vendor Claims
The Dangers Of Relying Solely On 'On The Job' Training tive.Most businesses that sell a product or service will provide some level of training to their salespeople, 'on the job'. While any sales training will be beneficial to you as a salesperson, if you rely totally on this 'on the job' training you may be putting your future earning potential in danger and here's why.Before I explain the dangers, I do want t Also concerning the conversion rates, is the rate of returns. Conversion rates do not take into account the number of returns that the product gets. Granted, clickbank will discontinue a product if it gets too many returns, but how much do you have to lose before this happens. If returns are figured into the conversion rate, you may be looking at less than a half of a percent conversion rate. The other claim that many vendors mak Business Management Software - Do You Really Need It? If you are an affiliate marketer using Clickbank, then you know the claims that vendors make in order to get you to advertise and sell their products. Beware! After six months of testing the claims, I have found that most of the claims are little more than exaggerations that could end up costing you money.As we all know, not all advances in technology are necessarily for the better. Some people swear that having a computer program to manage a business is a 'must have', but is this really true?I have a friend, Chris, who runs a physiotherapy clinic. For the last ten years, he's used a paper diary and a pen. And it's not a small business either. Two receptionists, fiv I have been an affiliate marketer for almost a year now. No, I do not make loads of money, the truth is, I am relatively surprised that I have even been marginally successful. With all of my hard work, I may make $200 a month - not a whole lot when you look at what Clickbank vendors claim. There are two main things that vendors claim that I have found to be little more than extreme exaggeration. The first is the conversion rate and the second is always exaggerated claims about the product. I have been testing out some of these claims for the past six months, which included not only spending money on advertising, but also buying products to see if the claims that were made in the sales pitch were true. Here is what I found: The conversion rates claimed by the 100-200 products I advertised were not even close to the actual conversion rates. Several of the products claimed a 2-5% conversion rate, but the conversion rate for all but two turned out to be half a percent to 1 percent. This is not good for affiliate marketers using search engine marketing because the cost of advertising will eventually out pace that of sales. Say you are selling a product that you make $20 per sale on. At a 1 percent conversion rate, you would need to bid only 20 cents on your keywords to break even. However, anymore, it is hard to get a good position in the search engines bidding that low. In fact, in one of the search engines, that low of a bid might even render your keyword inactive. Also concerning the conversion rates, is the rate of returns. Conversion rates do not take into account the number of returns that the product gets. Granted, clickbank will discontinue a product if it gets too many returns, but how much do you have to lose before this happens. If returns are figured into the conversion rate, you may be looking at less than a half of a percent conversion rate. The other claim that many vendors make 8 Steps To Effective Risk Management have even been marginally successful. With all of my hard work, I may make $200 a month - not a whole lot when you look at what Clickbank vendors claim.Risks are an inherent part of every undertaking. Getting up in the morning has it’s risks but we don’t think about them in a structured since, we just accept it and go on with the day. As the things we do get more complicated the number and amount of risk increases. Such is the case with most projects undertaken in the business world. Does this mean that we should ignore There are two main things that vendors claim that I have found to be little more than extreme exaggeration. The first is the conversion rate and the second is always exaggerated claims about the product. I have been testing out some of these claims for the past six months, which included not only spending money on advertising, but also buying products to see if the claims that were made in the sales pitch were true. Here is what I found: The conversion rates claimed by the 100-200 products I advertised were not even close to the actual conversion rates. Several of the products claimed a 2-5% conversion rate, but the conversion rate for all but two turned out to be half a percent to 1 percent. This is not good for affiliate marketers using search engine marketing because the cost of advertising will eventually out pace that of sales. Say you are selling a product that you make $20 per sale on. At a 1 percent conversion rate, you would need to bid only 20 cents on your keywords to break even. However, anymore, it is hard to get a good position in the search engines bidding that low. In fact, in one of the search engines, that low of a bid might even render your keyword inactive. Also concerning the conversion rates, is the rate of returns. Conversion rates do not take into account the number of returns that the product gets. Granted, clickbank will discontinue a product if it gets too many returns, but how much do you have to lose before this happens. If returns are figured into the conversion rate, you may be looking at less than a half of a percent conversion rate. The other claim that many vendors mak What are the Major Obstacles to Widespread EMR uptake? only spending money on advertising, but also buying products to see if the claims that were made in the sales pitch were true. Here is what I found:The idea of recording patient information electronically instead of on paper –the Electronic Medical Record (EMR) –has been around since the late 1960’s, when Larry Weed introduced the concept of the Problem Oriented Medical Record into medical practice. Until then, doctor’s usually recorded only their diagnoses and the treatment they provided. Weed’s innovation was to gener The conversion rates claimed by the 100-200 products I advertised were not even close to the actual conversion rates. Several of the products claimed a 2-5% conversion rate, but the conversion rate for all but two turned out to be half a percent to 1 percent. This is not good for affiliate marketers using search engine marketing because the cost of advertising will eventually out pace that of sales. Say you are selling a product that you make $20 per sale on. At a 1 percent conversion rate, you would need to bid only 20 cents on your keywords to break even. However, anymore, it is hard to get a good position in the search engines bidding that low. In fact, in one of the search engines, that low of a bid might even render your keyword inactive. Also concerning the conversion rates, is the rate of returns. Conversion rates do not take into account the number of returns that the product gets. Granted, clickbank will discontinue a product if it gets too many returns, but how much do you have to lose before this happens. If returns are figured into the conversion rate, you may be looking at less than a half of a percent conversion rate. The other claim that many vendors mak 10 Secrets of Trade Show Selling - #10 ters using search engine marketing because the cost of advertising will eventually out pace that of sales. Say you are selling a product that you make $20 per sale on. At a 1 percent conversion rate, you would need to bid only 20 cents on your keywords to break even. However, anymore, it is hard to get a good position in the search engines bidding that low. In fact, in one of the search engines, that low of a bid might even render your keyword inactive.You don't become exclusive until you exclude. There is nothing more exciting than being on the invitation list of an exclusive event. Now imagine your shattered expectations when you arrive in your formals only to find a hastily placed bowl of candy on the table - and no one there to greet you with a warm welcome.Ridiculous? Well, consider what is happening in your Also concerning the conversion rates, is the rate of returns. Conversion rates do not take into account the number of returns that the product gets. Granted, clickbank will discontinue a product if it gets too many returns, but how much do you have to lose before this happens. If returns are figured into the conversion rate, you may be looking at less than a half of a percent conversion rate. The other claim that many vendors mak Persuasion Tactics in a Person-to-Person Setting tive.Persuasion is easier to apply during a conversation between two people, as opposed to communicating in front of a group. This is because in a person-to-person setting, the opportunity to better understand the point of view of the other party exists. You can nitpick and delve into every single detail, as opposed to speaking to an audience, where the interaction is usually one Also concerning the conversion rates, is the rate of returns. Conversion rates do not take into account the number of returns that the product gets. Granted, clickbank will discontinue a product if it gets too many returns, but how much do you have to lose before this happens. If returns are figured into the conversion rate, you may be looking at less than a half of a percent conversion rate. The other claim that many vendors make concerns the product themselves, especially those work-at-home products, or adwords products. Some of them are okay, but after purchasing 10 products myself, I haven't found a single one that fulfilled the claim on the sales letter page. I only kept two of these products because while they did not actually do what they said they did, they did provide enough information that I didn't know and lead me to discover other things about marketing. For new affiliate marketers, beware. Don't believe the claims until you have tried them out yourself. If a product does not do what it claims, do not waste your money and stop advertising it and write a review letting other affiliate marketers and potential customers know that the claims are exaggerated.
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