Posts Tagged ‘subscriptions’
Recurring Billing Product Ideas
Posted by Beau Blackwell, Marketing Coordinator
If you’re a ClickBank publisher who wants to generate residual income from one of your products, or an affiliate who wants to promote products that will keep paying you commissions every month, ClickBank Recurring Billing products open up a huge range of possibilities for you.
Although you can sell or promote almost any type of product that involves repeating payments, we’ve put together a list of some of the most common types of recurring billing products:
* Memberships and subscriptions – There’s almost no limit to the kinds of membership sites you can create, but some ideas include stock photography or ringtone download sites.
* Software updates – Allow your customers to stay up to date with the latest releases of your software products, like spyware and virus removal.
* Higher-priced items with installment payments – Increase conversions on more expensive products by letting people make several smaller payments. You define the payment schedule and amounts.
* Newsletters and online news sites – Provide customers access to the latest news, rumors and strategies in your area of expertise, such as stock trading, fitness or online marketing.
* “Exclusive content” – Provide access to white papers, special reports, or any other kind of high-value content that’s just too good to give away for free.
* Web hosting/domain services – Now that establishing an online presence is easier than ever, selling web hosting services and domain names to people who want to get their name or product out there can be extremely profitable.
* Online communities/forums – Let people with similar interests, like small business owners or day traders, congregate and share ideas in a moderated online community.
Like any product innovation, there are many other creative new ways to use the ClickBank Recurring Billing service, so take a look at our recurring billing page and see how you can make it work for your business!
Recurring Billing = Regular Profits
Posted by: Kristen M., Marketing Communications Manager
Recurring Billing is a well-established practice in the brick and mortar business community and is growing in popularity at ClickBank. Why? Recurring Billing means regular, reliable commissions for affiliates and product publishers.
If you’re not familiar with Recurring Billing, it’s the practice of receiving automated payments for scheduled bills or product installments. Recurring Billing is proving popular because it means a steady income stream to augment one-off product sales. A great example of a publisher successfully using Recurring Billing is Andrew Fox, whose story you can read here.
This presents a great opportunity for affiliates to find recurring products that fit their niche and for product publishers that have a product that lends itself to weekly, monthly, quarterly or other regular installments.
For detailed instructions about implementing ClickBank Recurring Billing, visit the 2007-06-19 Release Summary and the 2007-11-13 Release Summary. These documents will help you start increasing your revenues through Recurring Billing.
ClickBank Offers PayPal for Recurring Billing
Service provides more convenience when paying for online subscriptions
BROOMFIELD, Colo. – June 24, 2008 – ClickBank, a privately held online retailer for buyers and sellers of digitally delivered products and services, today announced it is offering PayPal for recurring billing – yet another strategic option for product publishers seeking to increase business and meet customer needs.
ClickBank is using PayPal’s recurring billing solution to give product publishers an easy way to sell subscription-based content and services, such as online newsletters or annual software licenses. It has proven to be very popular with customers, growing rapidly each month since its introduction.
“Currently, nearly 20 percent of ClickBank’s total business transactions are conducted using PayPal,” said Bob King, ClickBank CEO. “Allowing customers to use PayPal for recurring billing will further fuel demand for our popular subscription-based products and services and, by providing a new payment option, enhance the ClickBank experience for publishers, affiliates and customers.”
“We are excited to have ClickBank on board using PayPal,” said Jim Hunt, director of merchant relations at PayPal. “Using our recurring billing functionality gives customers security and convenience when shopping online.”
ClickBank is a world leader in online commerce systems with more than 100,000 active affiliates, 35,000 unique digitally downloadable products, such as e-books and software, and over 12,000 product publishers from around the globe that register more than 25,000 daily transactions.