Clickbank Journal: 14 Days to make a sale: Day 1

Hello guys, OK the Journal has begun. I have sent my first E-mail to my 14 days to make a sale Journal subscribers and I am now updating you guys here.

As you know I have chosen the Forex market to choose to promote a product and make a sale within 14 days. Now some of you maybe wondering why I have chosen the Forex market considering I am aiming this journal more at beginners of Affiliate marketing rather than the more experienced Affiliate marketers however I believe that the Forex market is one of the easiest markets to make a sale in, and although the refund rate is [B]HIGH[/B] (believe me when I say that) it is a good experience for beginners and would help them learn many marketing techniques very quickly as most techniques convert.

What to look out for when choosing a Clickbank Product?

The way I choose a product to promote in Clickbank is by looking at each product that interests me from both an Affiliate perspective and a potential customer’s perspective. What I mean by this is there are two ways of analysing a product the first is;

Affiliate Marketer’s Perspective

You find a product in the market you have chosen, this case the Forex market and you analyse the product using several peices of information.

1. Gravity
2. Commission Price
3. Commission Percentage
4. Conversion Rate (if noted)
5. Affiliate Material (check if there is any material for affiliates to use)
6. Percentage Reffered
7. How long the product has been on sale

Now this is quite a lot to do for each product however it is important that you do this, especially in the Forex market where refund rates can be scorchingly high. Take my last 60 day period where I have had 50 sales but 24 refunds for my Forex product promotions. Now although the refund rate is high overall over 70% of those refunds come from two products alone which gather 19 refunds in total. This is why it is important to analyse a product, to ensure its a winner not a loser.

So you analyse the product and look for all those key features and then you go back and analyse it again from the;

Potential Customer’s Perspective

In this perspective you analyse the

1. Sales Page
- 1. Make sure the sales page offers a money back guarantee.
- 2. Make sure the sales page defines the product, its features and the benefits to the customer.
- 3. Make sure the sales page looks aesthetically pleasing and professional.
- 4. Make sure they offer customer support and that it doesn’t ask customers to jump through hoops.
2. Compare the price of that product to other products on the market.

These are also very important steps to make, although you may find a product that sounds amazing from the affiliate’s point of view, unless it looks to convert well for the customers then there is no point promoting it.

Well, now you have done this, what Forex product have you chosen?

I have chosen to promote the Forex Megadroid software, the reasons for this is that I have had experience with this Forex product in the past and I know that it converts quite well and has a low refund rate compared to other Forex products.

Also the product has been on sale for several months now which for a Forex product is very good as it means the product does convert quite well and that the publishers are not likely to be trying to take advantage of its affiliates by gatheting lots of traffic then suddenly changing the sales page to an opt in page (WATCH OUT FOR THIS).

The product has a good sale price and a good commission, it has a nice clean and informational sales page and provides useful affiliate material.

Overall this product is a good choice with its high and stable gravity which its kept for the past several months, with the right promotional techniques it could bve very easy to bring a sale in.

What Next?

Now I have chosen the product, tomorrow I will be doing the following;

1. Choosing the domain name
2. Setting up the website
3. Writing promotional articles
4. Starting link building
5. Adding the website to GWT and GA.
6. Starting the promotion of the product.

I hope you enjoyed the first part of the Clickbank journal, sorry that it may of been quite chatty I am very tired as I have been at Global Gathering UK dance festival all weekend and very tired from a 3 hour set of Armin Van Buuren which was amazing, but anyways tomorrows journal entry shall be better.

Subscribe and be automatically entered to win the website used in this Clickbank Journal

Affiliate Marketing Resources:

Niche Junky - Clickbank Statistics and Updates Website -Excellent for Market Research and choosing your product.

Niche Choppers Forum - Rapidly Growing Affiliate Marketing Forum - Very reputable Internet Marketing Forum, one that I recommend to everyone.

Read my review here.

If you want to keep up to date with my 14 days to make a sale journal and read a more in depth journal entry each day, giving you more secret techniques and tips for promoting a product and getting that all important first sale then subscribe to my official Clickbank journal below.

Subscribe to the official clickbank journal and be automatically entered in to my win a website competition where you will be able to win the website that I shall be using for this Clickbank journal!

Anyways, thank you. If you have any questions or feedback post below, I hope you found this beneficial.

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