| ||
| ||
|
PPC Advertising | |
| Domain Names | E Books | Email Marketing | Ezine Marketing | |||
| Internet Marketing | Marketing | PPC Advertising | SEO | |||
| Traffic Building | Web Design | Web Development | Web Hosting | |||
| ||||||
|
| ||||
|
ClickBank Refunds - Hope for the Best but Prepare for the Worst
When we launch a new product, we all hope it's going to be a runaway bestseller. More than that, most of us aim to produce a product so remarkable that it generates rave reviews and achieves cult popularity. You may very well achieve all of these objectives with your product launches. But, beware of a characteristic of the ClickBank system that may throw these aspirations into jeopardy - the 90-day refund rule. Most merchants agree that ClickBank's rock-solid refund policy adds a great deal of credibility to their sales pitches, enabling them to make sales to even the most wary of online shoppers. The hassle-free refund procedure is also the key factor behind ClickBank's exceptionally low chargeback rate. ClickBank customers have no need to ask their banks for chargebacks, so ClickBank keeps its merchant account in good standing and we merchants all save money on chargeback penalties. But, despite its attractions, the ClickBank refund rule is also a source of blatant abuse by a minority of dishonest buyers. However good a product may be; however much your genuine buyers love it, there will always be a small percentage who ask for refunds. Don't be disheartened. In most cases, this is not a reflection on your product or your competence as a merchant. It is simply an exploitation of the ClickBank refund system to get something for nothing. Around 5% of my ClickBank sales result in refunds and, judging by my discussions with other merchants, this figure appears to be about average. I have numerous glowing testimonials from satisfied customers, but there is still the occasional buyer who is, seemingly, impossible to please. Ironically, I have never yet issued a refund to a buyer who has offered a reason for being dissatisfied. Is this normal? It suggests to me that the problem lies not with the product, but with the morals of the buyer. With the purchase of a digital product you can, if you choose, keep the product and get your money back. Online theft just doesn't get any easier than this. ClickBank's merchant community has suggested various ways to tackle this problem. The most popular idea seems to be that ClickBank should introduce a rogue customer list, identifying serial refunders by their prior purchasing activity. Of course, the list would be confidential - merchants would simply need the option to specify whether they accept purchases by buyers in this category. This solution is not without its own problems, especially the challenge of accurately identifying buyers from one purchase to the next. With multiple credit cards and multiple email addresses, it is relatively easy to bypass the banned list, simply by creating a new online persona. But, at least this initiative offers hope of a solution to the problem. So far, ClickBank has not announced on any plans to update its refund policy or introduce controls to protect its merchants from this type of fraud. Until something changes, merchants need to adopt a pragmatic attitude to the dilemma of sham refunds. As frustrating as it may be to see our profits willingly handed over to fraudsters, we should remember that the reassurance offered by the refund system probably pays us dividends many times greater, in the form of increased sales. About The Author Copyright © Tim Coulter. All rights reserved. Tim Coulter is a consultant and software developer who helps netpreneurs to harness marketing technologies. He is also the author of "ClickBank - The Definitive Guide" The Ultimate ClickBank Tutorial & Reference Manual. http://www.clickbankrevealed.com/
MORE RESOURCES:
PPC-Advertising - Google News |
|
|
|
RELATED ARTICLES
We Are Right In The Middle Of A Pay Per Click Baby Boom No, this baby boom will certainly not swamp the Social Security system (sort of a bad joke for those that live in the United States, but many other countries.. Why Paid Inclusion is Better than PPC Advertising When search engines pay website owners a percentage of the bid cost, you're just looking for trouble. This is the problem with Pay Per Click (PPC) advertising, especially with smaller named search engines. $1 Million in Google AdSense Earnings They are calling him the million dollar man. Jason Calacanis recently revealed in his blog that he is on track to earn a million dollars from AdSense over the year ahead. Google Adsense, The Smart Way To Earn Do you want to get paid for posting ads on your web site ? I believe whenever you visit some popular sites, you see some square boxes with text links following by "Ads by Goooooogle". They are the google ads. Articles and Adsense Google Adsense is a hot topic in the Internet Marketing arena these day's and rightfully so. Adsense is drastically increasing the income generated from content driven websites. Discover How to Create Ads Which Give Incredible Results! Many people decide to spend a lot of money putting their advert all over the internet in the hopes that their web traffic will sky-rocket. Most people end up disappointed. Maximise Your AdSense Earnings As a blog or site owner, you can make some cash with Google's AdSense pretty easily. To maximise your potential earnings, here are some tips that may help you: 1. Adsense Secrets Pst! Wanna know some Adsense secrets? The only secret is that there are no secrets per se!Do a search for Adsense secrets and you will be bombarded by a myriad of ads by trying to sell you the answers to making lots of money with Adsense.Before you buy anything, my advise to you would be to do some research on a search engine and a bit of common sense. Posturing Yourself As The Expert By Utilizing Google Search First, go to google and type "dan kennedy" into the search box. At the present time I get about 49,200 results!Now, type in "jason blackston" into the search box. Affiliate Tips to Raise Your ROI - From Loser to Winner in 30 Days "Todd" was keen to compete in one of the most notoriously difficult categories - work-at-home. He was smart, earnest, hard-working and keen to make affiliate marketing more than just a part-time endeavor. Independent Search Engine & Directory Network (ISEDN) - Breaking News! Watch out for a shift in the pay-per-click (PPC) industry, happening right now! This shift is finally going to give smaller search engines and directories the ability to tap into the PPC market, currently monopolized by the big guns online (Google, Yahoo & MSN). They will attain this lofty goal by banding together and delivering paid ad placements on a mass community scale for a fraction of the cost. Google Adwords Guide II - Why Use Negative Keywords When you are running a Google AdWords campaign, it is important to include negative keywords. You should consider the use of negative keywords if some of the keywords or keyword phrases in your campaign are broad and generic. Can I Make Money Online with the Adsense Program? Sure you can. If you will learn how many other people make money online with Adsense, I mean really study how and ask a lot of questions on marketing forums, there is no reason in the world you cannot make money with the Adsense program. How You Can Make Serious Money Self-publishing With Adsense Some folks may think that self-publishing began with the invention of the PC (personal computer) and others may be convinced that it has really taken off with the arrival of Adsense.It is important to understand what self-publishing is and its' enormous potential to fully appreciate and indeed take advantage of Adsense. Tips for Maximizing AdSense Revenue Google's AdSense program is probably the best affiliate program on the internet today. With it's content scanning algorithm to adjust advertising and the fact it takes in to account the users location as best as it can, it has proven to be one of the highest converting click through programs to date. ClickBank Affiliate Woes: When Tracking Breaks Down Hardly a day goes by without a forum posting in which ClickBank is challenged about the reliability and integrity of its affiliate referral tracking mechanism - the hoplink system. It cannot be denied that ClickBank's technical infrastructures do not always inspire the greatest level of confidence. Pay-Per-Click Marketing: How to Waste Your Advertising Budget A well-oiled pay-per-click search engine campaign can land hundreds of highly targeted visitors on practically any website within a matter of days. That isn't new information. ClickBank Refunds - Hope for the Best but Prepare for the Worst When we launch a new product, we all hope it's going to be a runaway bestseller. More than that, most of us aim to produce a product so remarkable that it generates rave reviews and achieves cult popularity. Price Your ClickBank Products for Maximum Profit Choosing the right price for your digital products is one of the most critical, yet difficult, aspects of your business strategy.Most merchants understand that over-valuing a product kills sales. Managing PPC Campaigns Inhouse Pay-per-click search engine advertising has generated ample interest in the online advertising community, primarily because of its measurability and specificity. However, running a profitable PPC Campaign is not as easy as it might seem.
|
| Domain Names | E Books | Email Marketing | Ezine Marketing | |
| Internet Marketing | Marketing | PPC Advertising | SEO | |
| Traffic Building | Web Design | Web Development | Web Hosting |
|
Home | Site Map | PPC Tips | Free
Classified Ads | Free-For-All
Ads | Reciprocal
Links | Search
Engines | |
| Copyright © 2006-2007. The Highland Marketing Group. All Rights Reserved. |
|
| ||
|