Are you curious about how ClickBank features can help you scale your business and increase conversions? Read on to find out.
There are several powerful ClickBank features that affiliates and vendors can take advantage of in order to increase their profits. Recently, ClickBank has upgraded and added many new features that have a proven capacity to increase your sales. Below you will find 5 of these ClickBank features that are my favorites. Some of these features are new, and some have been around awhile, though all of them have the potential to rock your profits!
Feature #1: TID & VTID Tracking
Who TID & VTID Tracking is for: Affiliates and Vendors
How TID & VTID Tracking Works:
A TID is a ClickBank tracking I.D. It’s a string of letters and/or numbers up to 24 characters in length appended to the end of a ClickBank HopLink. Using a TID allows you to track your hoplinks based on the TID associated with it. There is no limit to the amount of TIDs you can use. ClickBank TID’s are also available for Vendors to use as well, the difference is the variable “VTID” instead of “TID” and that the Vendor TID is appended to the paylink instead of the HopLink.
How TIDs Make You More Money:
Using TID’s provides you with the information you need in order to determine where you should be focusing your efforts.
Tracking your sales with TID’s allows you to pinpoint exactly where sales are coming from. For example, if you want to track links from Twitter you could append the TID of “twitter” to your HopLink. Inside your ClickBank reporting you will see all the statistics associated with that TID for clicks, sales, refunds, etc.
One of my favorite uses is to use TID’s to track what specific pages on a website the sales are coming from. This allows me to focus my efforts on my most profitable pages in order to get higher rankings in the search engines.
Feature #2: PitchPlus (formerly known as One-Click Upsell)
Who PitchPlus is for: Vendors (but affiliates can benefit too!)
How PitchPlus Works:
PitchPlus allows vendors to add additional products to sell to their customers after the initial purchase. Once a customer enters their payment information and confirms their purchase they are presented with an upsell page. With a single click the customer can purchase the additional product without entering their credit card details again.
As a vendor you create the products to sell as your upsells. The PitchPlus Advanced feature offers the ability to present up to three consecutive upsell offers as well as downsells. In a downsell scenario, if a customer decides to decline the upsell offer they could be presented with another product or the same product at a lower price.
How PitchPlus Makes You More Money:
Adding upsells to your products increases your overall earnings per customer for both vendors and affiliates. Since the customer is not required to re-enter their credit card information, the one-click upsell can convert extremely well assuming you have related and appealing offers.
Personally I’ve found PitchPlus to be one of the easiest and most effective ways at increasing income as a vendor.
Where to get more info:
Feature #3: Joint Venture
Who Joint Venture is for: Vendors & Affiliates
How Joint Venture Works:
ClickBank Joint Venture is a newer and extremely versatile feature. This allows vendors to split their earnings with partners, promote other vendor products as upsells, and even allow vendors to offer 2nd tier affiliate commissions.
The Joint Venture feature also works for affiliates. Affiliates can partner together and split profits from their affiliate sales.
The Joint Venture feature allows you to set up contracts within your ClickBank account. In the contract you can specify a range of details such as how commissions are divided, start and end dates for the contract, and much more.
How Joint Venture Makes You More Money:
Partnerships are extremely profitable because you leverage one anothers’ strengths. The Joint Venture feature makes collaborating and partnering with people much easier. With the Joint Venture feature the trust factor is increased because one partner is not relying on the other partner to pay them; ClickBank is dividing up and making the payments. Additionally Joint Venture is accurate, easy, and hassle free to split up payments between partners.
There’s really an unlimited variety of ways you could use this feature. Here are just a few short examples to give you some ideas…
- You could have someone write product reviews for your blog and in exchange you could give them a portion of the sales that those reviews generate.
- You could partner with someone to create a new product and split the profits.
- If you’re a vendor you could find another vendor and cross promote one another’s products as one-click upsells.
Where to get more info:
Feature #4: Recurring Billing
Who Recurring Billing is for: Vendors (but affiliates can benefit too!)
How Recurring Billing Works:
ClickBank Recurring Billing gives vendors the ability to sell their product at an initial price, and then setup a rebill price for each subsequent payment for the duration of a rebill product. In addition, this gives vendors the ability to offer a trial period for the product as well.
How Recurring Billing Makes You More Money:
Creating Recurring Billing Products gives vendors a continuous revenue stream over time. With regular payment schedules, such as bi-weekly, monthly, quarterly, or annual, vendors can earn more per sale on average than with a standard product.
The recurring billing feature can also be used in combination with PitchPlus Advanced. This combination can be extremely powerful in generating additional income that is also residual.
Feature #5: Marketplace Search
Who Marketplace Search is for: Affiliates
How Marketplace Search Works:
The Marketplace search capabilities were recently enhanced and now allow users to search by a variety of product and vendor criteria. You’ll find Marketplace filters and attributes to search by on the left hand side of the ClickBank Marketplace. Additionally you can use the ‘advanced search’ link next to the search box for additional search features.
How Marketplace Search Makes You More Money:
Finding the right ClickBank products to promote will help you make more sales and increase profits. Using the Marketplace Search you will be able to find which vendors are offering higher payouts, use PitchPlus, offer rebills, offer affiliate tools, and much more. You can even find out which vendors offer $1 trials. Using this information to find the ClickBank features that are best for you allows you to find and promote the products that are the best match for your marketing efforts as well as find vendors who will make you the most money overall.