Posted by Errol Potok on August 23rd, 2007
I am starting to wonder why so many internet marketers use Clickbank to collect payment from their customers. I use their service because they basically take care of everything that has to deal with payment for my sites. They take care of customer refunds as well as payment owed to my affiliates. Sure this may sound all fine and dandy but at the end of the day Clickbank is the proud owner of 7% of my entire business. That’s right Clickbank takes 7% of all revenues generated from my sites.
If Clickbank actually took the time to review all refund requests I wouldn’t mind them taking their cut. After all they do provide a great market place for affiliates to find my products. When a customer purchases a product with Clickbank a message is attached to their invoice. The message notifies the customer that all you need to do to get a refund is forward this invoice to an email address.
Refunds are part of any business right. People are always returning something they just purchased. You may think that this is the case. But I bet that most of the people who get refunds still have the product they purchased. So they are essentially getting a product for free. With Clickbank it is extremely easy to purchase an ebook download it to your computer and then get a refund.
If you have an initial list of affiliates who can push your product then Clickbank is great. Once you gain credibility and get a high enough Clickbank gravity your product should attract new affiliates because of Clickbank’s marketplace.
For now I will continue to use Clickbank as my payment processor because I really don’t think there is anything better out there.
Your Friend,
Errol Potok
BusinessShakers.com/errol
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Posted by ErrolPotok on August 14th, 2007
I want to touch on the major problems people tend to have when trying to run an online business for the first time. Most people have a preconceived notion that they will get rich quick by creating a product or by becoming an affiliate marketer. The truth is most gurus out there make it real tough for any one new to the industry to get a strangle hold on a specific market (ie. the home based business market). After all most of the top gurus work together and share each other’s success. In fact these so called gurus even hold seminars together to teach the “newbies” how they made their millions.
The fact is that most people who attend these seminars end up spending thousands of dollars and are getting information that they can get online for free. Another mistake people make is that people often become very one tract minded. Although seminars can be great most gurus tell you that you can become successful if you follow a set of rules or techniques that they have laid out for you. Most people stick to these rules and eventually hit a roadblock. For example: your sales conversions may be too low or you might break the bank trying to get traffic to your website. Most people generally become stressed out because they don’t know what to do when they hit this brick wall.
Most people get discouraged and give up after their first product doesn’t sell. Well let me tell you if you have finished creating a product and have written a great sales page you are actually ahead of the game. Most people don’t even get that far. A lot of people tend to get overwhelmed with the amount of material on a specific subject and don’t even get as far as putting a finished product together.
Remember a few very important words of advice. If you want to get into the internet marketing field you can’t be afraid of failure. In this business you have to fail many times in order to succeed. Don’t get discouraged by trying all the scams and get-rich-quick programs on the net. Do your research and figure out what works and what doesn’t.
Your Friend,
Errol Potok
BusinessShakers.com/errol
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Posted by Errol Potok on August 14th, 2007
I have just finished posting an article on what I think are the best methods used for generating free traffic. Listed as my top 3 is Free Traffic Method #1 – Utilizing social media, #2 – Create a blog and #3 – Search Engine Optimization. I also speak about some other free methods as well as a few paid methods. Check it out on the Business Shakers main blog or go directly to the article http://businessshakers.com/?p=7.
Your Friend,
Errol Potok
BusinessShakers.com
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Posted by Errol Potok on August 13th, 2007
Welcome to my personal blog. i will be updating this blog to infrom you of the current happenings in the world of internet marketing.
Also please feel free to check out our main website for an indepth look at Business Shakers, internet marketing you can trust!.
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