Posted by: Beau Blackwell, Community Manager

At the end of last month, ClickBank introduced the first phase of Vendor Spotlights, a powerful new tool to help ClickBank vendors communicate with affiliates like never before. Vendor Spotlights are featured in the Marketplace alongside your Marketplace listing, and allow you to create a profile that shows affiliates the following information:

• Sales statistics
• Customer-facing advertisements, to give affiliates more info about your product and what sales messages they should use
• Recommended vendors (such as other accounts you own, or other vendors you would recommend)
• Your affiliate resources page (if you have one)
• A product image

The most exciting part of Vendor Spotlights, though, is that you’ll have the ability to post announcements about your products. For example, you could tell affiliates about upcoming products you’re releasing, changes to your existing products, special promotions you’re running, or tips on promoting your product.

If you’re a vendor with an approved ClickBank product, you can now create your Vendor Spotlight listing by visiting My Spotlight under the Account Settings tab in your account. Vendor Spotlight profiles will be added to the ClickBank Marketplace on September 21, so we highly recommend that you create your listing (and a first announcement) now! Vendors with Vendor Spotlight profiles will have a distinct advantage over vendors who don’t, so don’t delay!

For more information about Vendor Spotlights, see our Help Center article.

Posted by: Simon Slade, Guest Blogger

Succeeding or failing as an affiliate marketer can often be traced back to the products you choose to promote. At first, selecting a product to promote seems simple enough. You sign up with ClickBank and choose from any of the thousands of products available from over 12,000 vendors, then create a HopLink and slap it on your website – done!

But then, a couple of weeks down the line, you begin to wonder why you haven’t made any sales. You start to get a sneaking suspicion that maybe you should have spent more time choosing the right product to promote!

Understandably, the sheer selection of products on offer at ClickBank can be completely overwhelming to a newbie. How do you know if a product will sell well? What about competition? What do all the numbers mean?

Although there is no 100% watertight method for finding a profitable product, there are a few things that go a long way to increasing your chances of success.

Here are six research steps we recommend for finding a profitable ClickBank product to promote:

1 – Brainstorming a niche – The first thing you need to do is think about what market you’d like to work in. Choosing a market related to your hobbies, skills, passions and experiences is an excellent starting point (after all, you’ll be spending a lot of time thinking about it!). Are you a cat lover? Have you had experience with a particular health problem? Did you ace languages at school? Do your friends come to you for relationship advice? Having an existing knowledge of a niche can be a big advantage when you come to marketing it, because it’s much faster and easier to write persuasive and credible copy for your sales pages when you know what you are talking about.

So, have a scroll through ClickBank’s Marketplace and create a shortlist of niches you think you could effectively promote. Of course, ultimately you need to choose a profitable market over one that you simply like talking about, so these next steps will help you whittle your list down.

2 – Understand your customers – Let’s say you added ‘playing guitar’ to your niche list in Step 1. If you wish to pursue this idea further, then it’s very important that you understand (1) who in this niche is buying, and (2) what they are buying. The easiest way to delve into the minds of your market is by browsing forums related to your niche. This is a great way of finding out buyers’ needs, wants, and problems. For example, some people in the guitar market will be looking for free guitar sheet music; these people probably won’t be interested in buying something from you. Others want to learn guitar fast so they can participate in an upcoming performance; these people are much more likely to want to buy something to help them achieve that goal. Reading guitar forums will help you absorb what matters most to people interested in playing guitar, which in turn will help you choose the best products to promote to them.

Some other things to consider while you read: How can you target impulsive buyers in this market? How narrow is your niche? If it is too narrow you may find your target market is too small to make sales. If it’s too broad you’ll find it difficult to get your site ranked in search engines so prospects can find you.

3 – Selecting best-selling products - By now, you should have a good understanding of who your market is and what they are looking for. It’s now time to go back to ClickBank and search for some good products to promote that will meet their needs.

ClickBank uses a measure called ‘gravity’ to represent how well each product sells, based on how many sales have been made and how recent these sales were. We recommend focusing on products with a gravity of 30+, because these products have a proven track record of selling well for a number of different affiliates. Once you get below a gravity of 30, the chances of wasting your time pushing a white elephant start to increase.

A very high gravity (i.e. 100+) will generally indicate that there is a lot of competition in this niche. Don’t let that put you off. Competition is good because it means there’s lots of demand for products in that niche. It also means that there are potentially a lot of people with lists who you could form partnerships or JV’s (Joint Ventures) with.

I should point out that sometimes a low gravity product can still be worth promoting – it might simply be new, or an undiscovered gem. So while gravity is a helpful indication of selling potential, you shouldn’t reject an otherwise high-quality product solely because of its low gravity score.

4 – Multiple Products – Ideally, you want to find a market that has multiple related products being sold through ClickBank. The reason for this is that if there is only one product available for the niche, even if it sells like hotcakes, you’ll almost certainly have a hard time competing with existing affiliates who are well-established in the market.

The other advantage of multiple products is that it allows you to create a review page, increasing your chances of making a sale. For example, if you are selling a “learn guitar” product, by including a few other “learn guitar” products on the same page, visitors will feel they’ve completed the evaluation phase of buying and are now in a position to purchase.

5 – High Commission Percentage (65% or greater) – Let’s face it: you’re not going to get rich on $2 commissions. In order for your marketing efforts to be worthwhile, you need to promote high commission products – that is, products paying out at least $18 per sale. Keep in mind that from a seemingly high commission, you’ll need to deduct your advertising expenses (e.g. AdWords) as well as your time. Of course, if a product has a high dollar value, then a lower commission percentage will still be a good investment.

6 – Persuasive Vendor Pitch Page – Finally, don’t forget to take a long, hard look at the product’s sales page, since you will be relying on it to convert your HopLinks into commissions! Does it look convincing? Does it address the concerns of the market? Is it persuasive and credible, or does it sound over the top and unbelievable? Would you buy from a site that looked like that?

Choosing the right product to promote is the first stage of being a successful affiliate marketer, and if you do it right, you can drastically improve your chances of earning a good income. But even if you get off to a good start, don’t just set up your offer page and forget all about it. Keep a close eye on your ClickBank reports, and using Tracking IDs to see what pages and products are performing the best so you know where to focus your efforts and resources.

By following these proven techniques for finding good products to promote, you’ll be reaping the rewards of greater sales and bigger ClickBank checks!

Hope you enjoyed these tips for choosing a good ClickBank product to promote. Please let us know if you have any special strategies of your own!

About the author

Simon Slade is the CEO of Affilorama, an affiliate marketing training portal that offers free video training, education and software tools to both beginning and advanced affiliate marketers.

Posted by: Che Horder, Business Intelligence Manager

This is part five of a five-part, five-day series about how to best take advantage of the new analytics.

The new ClickBank Analytics feature has been available for a few weeks now, and we would like to follow up with ideas on how to explore and utilize some of new metrics that are now available to you. Part 1 of this series details what the different stages represent and how to measure the full process from Stage 1 to Stage 4. Part 2 outlines Order Form Sale Conversion and Part 3 examines Hops Per Order Form Impression. Part 4 looks at order form impression count vs. order form submit count. Today’s post deals with Order Form Submit count vs. Gross Sale Count.

Order Form Submit Count vs. Gross Sale Count: Stage 3 to Stage 4

You will need to look at two metrics to measure the progress of prospects from the Order Form Submit stage (Stage 3) to Sale stage (Stage 4): Order Form Submit Count and Gross Sale Count. You may view these metrics one of three ways:

1.     Plot each individually on the trend chart

2.     Compare the 2 metrics on the trend chart (using the “Compare To” drop down box)

3.     View the metrics in the data table

Keep in mind what constitutes an Order Form Submit. It is defined as the act of a prospective customer clicking the Pay Now button on the ClickBank Order Form (our reporting will count up to one order form submit per customer visit to the order form).

For prospects to successfully make it to the Sale stage, the following must have occurred:

• The customer information from the ClickBank Order Form is validated.
• The customer is verified to not be participating in fraudulent activities
• The customer has the funds and is authorized to fulfill the sale transaction requested

Common barriers for prospects exiting at this stage include:

• An invalid Postal Code entered on the ClickBank Order Form
• An invalid Name entered on the ClickBank Order Form
• An invalid Card Number entered on the ClickBank Order Form
• The prospect’s payment method is not authorized due to problems with funding
• The prospect is identified to be participating in fraudulent activities
• An invalid Card Expiration Date is entered on the ClickBank Order Form

Posted by: Che Horder, Business Intelligence Manager

This is part four of a five-part, five-day series about how to best take advantage of the new analytics.

The new ClickBank Analytics feature has been available for a few weeks now, and we would like to follow up with ideas on how to explore and utilize some of new metrics that are now available to you. Part 1 of this series details what the different stages represent and how to measure the full process from Stage 1 to Stage 4. Part 2 outlines Order Form Sale Conversion and Part 3 examines Hops Per Order Form Impression. Today’s post deals with measuring Order Form Impression Count vs. Order Form Submit Count.

Order Form Impression Count vs. Order Form Submit Count: Stage 2 to Stage 3

You will need to look at two metrics to measure the progress of prospects from the Order Form Impression stage (Stage 2) to Order Form Submit stage (Stage 3): Order Form Impression Count and Order Form Submit Count. You may view these metrics one of three ways:

1.     Plot each individually on the trend chart

2.     Compare the 2 metrics on the trend chart (using the “Compare To” drop down box)

3.     View the metrics in the data table

For a prospect to successfully make it to the Order Form Submit stage, the following must have occurred:

• The customer clicked the Pay Now button on the ClickBank Order Form

Check back tomorrow for details about Order Form Submit Count vs. Gross Sale Count.

Posted by: Che Horder, Business Intelligence Manager

This is part three of a five-part, five day series about how to best take advantage of the new analytics.

The new ClickBank Analytics feature has been available for a few weeks now, and we would like to follow up with ideas on how to explore and utilize some of new metrics that are now available to you. Part 1 of this series details what the different stages represent and how to measure the full process from Stage 1 to Stage 4. Part 2 outlines Order Form Sale Conversion. Today’s post deals with measuring Hops per Order Form.

Hops per Order Form Impression: Stage 1 to Stage 2

The Hops per Order Form Impression metric tells you how successful your prospects at the Hop stage are at converting to the Order Form Impression stage. If your Hops per Order Form Impression is 12, that means on average it takes 12 prospects at the Hop stage to have 1 prospect successfully reach the ClickBank Order Form. The lower the metric, the more efficiently you are converting prospects from the Hop stage to the Order Form Impression stage. You may use the trend chart feature to find time periods when your Hops per Order Form Impression is lowest, and then correlate that metric to specific marketing tactics that work well.

For a prospect to successfully make it to the Order Form Impression stage, the following must have occurred:

• A valid, properly formatted HopLink is clicked on
• A vendor pitch page is rendered on the web browser
• A customer decides to proceed with purchasing the product, following a link to the order form
• A valid, properly formatted link to the ClickBank Order Form is clicked on
• The ClickBank Order Form page is rendered on the web browser

This metric is available to create a trend chart or view in the data table. To create a chart utilizing the metric, locate the Data Type selection box and choose Hops. Then locate the View selection box and choose Hops Per Order Form Impression. The metric will be displayed on the trend chart for the timeframe you choose. The metric is also available to view in the data table located below the trend chart. The data table allows you to view the metric by a specific attribute of the sale and in total over a specified time period. For example, you can choose to view Hops per Order Form Impression for a specific country or product.

Check back tomorrow for information about order form impression count vs. order form submit count.

Posted by: Che Horder, Business Intelligence Manager

This is part two of a five-part, five-day series about how to best take advantage of ClickBank’s new analytics reporting.

The new ClickBank Analytics feature has been available for a few weeks now, and we would like to follow up with ideas on how to explore and utilize some of the new metrics that are now available to you. Part 1 of this series details what the different stages represent and how to measure the full process from Stage 1 to Stage 4.Today’s post deals with measuring Order Form Sale Conversion.

Order Form Sale Conversion: Stage 2 to Stage 4

Order Form Sale Conversion measures the success of moving a prospect from viewing the order form to completing a sale. It is measured as a rate or percentage, and therefore the higher the rate, the more efficient your conversion process is. This metric is particularly useful in the case where a product is sold without the use of a HopLink. In this situation, Order Form Sale Conversion measures the full sale process.

For a prospect to successfully make it from the Order Form Impression stage to the Sale stage the following must have occurred:

• The customer clicked the Pay Now button on the ClickBank Order Form
• The customer information from the ClickBank Order Form is validated The customer is verified to not be participating in fraudulent activities
• The customer has the funds to fulfill the sale transaction requested

Check back tomorrow for details about the Hops per Order Form Impression metric (measuring stage 1 to stage 2).

Posted by: Che Horder, Business Intelligence Manager

This is part one of a five-part, five-day series about how to best take advantage of ClickBank’s new analytics reporting.

The new ClickBank Analytics feature has been available for a few weeks now, and we would like to follow up with ideas on how to explore and utilize some of new metrics that are now available to you.

As you know, optimizing the conversion of prospective customers into completed sales is key to your success as a ClickBank affiliate or vendor. The new analytics offer more insight into this process than you have previously had. The process of sales through ClickBank flow through the following stages:

• Stage 1 – Hop: Prospect clicks on HopLink and is taken to vendor Pitch Page
• Stage 2 – Order Form Impression: Prospect views order form
• Stage 3 – Order Form Submit: Prospect submits order form
• Stage 4 – Sale: A sale/order is successfully processed

At each stage of the sales process, your prospective customer chooses to continue or exit the process. To maximize successful conversion from prospect to sale, you must minimize the number of customers that exit the process along the way. The metrics introduced are intended to inform you of where prospective customers are exiting the process so you can improve the tactics you employ to convert prospects into sales.

Over these five posts, we will explore various ways to measure conversion from one stage of the sale process to another, beginning with measuring the full process from Stage 1 to Stage 4.

Hops per Order: Measure the Full Process (Stage 1 to Stage 4)

The Hops per Order metric will tell you how successful your prospects at the Hop stage are in converting through the full process to the Sale stage.

For a prospect to successfully make it to the Sale stage, the following must have occurred:

• A valid, properly formatted HopLink is clicked on
• A vendor pitch page is rendered on the web browser
• A customer decides to proceed with purchasing the product, following a link to the order form
• A valid, properly formatted link to the ClickBank Order Form is clicked on
• The ClickBank Order Form page is rendered on the web browser
• The customer clicked the Pay Now button on the ClickBank Order Form
• The customer information from the ClickBank Order Form is validated
• The customer is verified to not be participating in fraudulent activities
• The customer has the funds to fulfill the sale transaction requested

You can explore this metric either in a trend chart or view it in the data table. To create a chart of the metric, locate the Data Type selection box and choose Hops. Then locate the View selection box and choose Hops Per Order. The metric will be displayed on the trend chart for the timeframe you choose.  The metric is also available to view in the data table located below the trend chart. The data table allows you to view the metric by a specific attribute of the sale and in total over a specified time period. For example, you can choose to view Hops per Order for a specific country or product.

If your Hops per Order is 100, that means on average it takes 100 prospects at the Hop stage to have 1 prospect successfully reach the Sale stage. The lower the metric, the more efficiently you are converting prospects from the Hop stage to the Sale stage. You may use the trend chart feature to find time periods when your Hops per Order is lowest, and then correlate that metric to specific marketing tactics that work well.

Check back tomorrow for information about Order Form Sale Conversion (measuring stage 2 to stage 4).

Posted by: Beau Blackwell, Community Manager

ClickBank VP Dush Ramachandran recently wrote an article for DMNews.com discussing the possibility of upcoming Federal Trade Commission regulations on the affiliate marketing and blogging industries, and gives some thoughts about the possible outcomes. Be sure to check it out, as this topic is likely to affect everyone involved in affiliate marketing and blogging very soon.

Posted by: Beau Blackwell, Community Manager

While at Affiliate Summit East, I had a chance to sit down with successful long-time ClickBank affiliate Scott Wolf, of ArcaMax Publishing. I asked him about a variety of topics, including how he got started with ClickBank, how he identifies which products to promote, and for advice he’d give to beginner affiliates just starting out.

While ArcaMax is different from many ClickBank affiliates, as they promote ClickBank products through email newsletters they publish, his advice and techniques still hold true for many affiliates. Check out the interview now:

Posted by: Beau Blackwell, Community Manager

Several times over the past few weeks, I’ve been asked what advice I would give to affiliate marketers who are just starting out and trying to learn the ropes. During my time at ClickBank, I’ve seen many affiliates go from knowing very little about what they should be doing to being extraordinarily successful. While every affiliate’s path to success will be different, as I’ll explain below, there are several general pieces of advice that I think can benefit every affiliate marketer. I hope they’ll be useful in helping you on your journey to affiliate marketing success.

• Treat affiliate marketing as your job- I can’t stress this point enough. While the ultimate goal of most affiliate marketers is to eventually make enough money to only have to work an hour or two a day (and there are many who do), one key to starting off well in affiliate marketing is to work as hard as you would at any other job. The most successful affiliate marketers start out by putting in long hours and doing lots of work on their promotional efforts, both in studying effective methods and actually putting them into practice. If you work 8 hours a day doing affiliate marketing, you’re going to be successful a lot sooner than if you only work 1 or 2 hours a day. Even if you’re doing affiliate marketing part-time, the more time you spend on it, the more successful you’re likely to be.
• Do what you’re good at- Affiliate marketing takes a lot of work, but one of the best parts of being an affiliate marketer is the freedom to choose how and when you work, what products you want to promote, etc. One of the best ways to avoid burnout, especially when you’re not yet making good money, is to choose promotional techniques that fit your personal style. Not everyone is a great writer, or even enjoys writing. If this describes you, you’re probably better off avoiding article marketing, which requires you to write large quantities of high-quality content. If you’re not the most social person and prefer anonymity, you probably won’t enjoy social media marketing very much. Since one of the main reasons for doing affiliate marketing is so you can work how you want to work, it’s important to figure out what suits your style and personality. Your work will be better, and you’ll be more willing to stick with it, if you’re enjoying yourself.
• Recognize that there are many ways to succeed as an affiliate- Since many new affiliates start out by reading books or following programs created by affiliate marketing experts, they think that these techniques may be the only way to make a lot of money and do well in the business. I’ve met many successful affiliates, and they’ve gotten to where they are today by many different paths. What works for one affiliate may not work at all for another, and there are always new tools, techniques, product niches, etc, being developed that can completely change the affiliate marketing game. Never be afraid to branch out on your own or try a crazy idea that you think just might work. Don’t be afraid to fail, because when you make mistakes you’ll figure out what works and what doesn’t, making you more successful in the long run. There’s a lot to learn in the business, so the sooner you start making mistakes, the sooner you’ll start learning what works!

Besides this advice, I recommend reading our Help Center article Affiliate Dos and Don’ts, which offers some more specific advice for working with ClickBank and how to avoid common mistakes.

I’d also like to welcome comments from experienced affiliate marketers who have advice to share with beginners and can offer some encouragement or guidance. Please share your advice by leaving a comment!