Clickbank Announcement - Recurring Billing
June 21, 2007 | Written by annliu | Filed Under Programs & Networks
Last night I was just randomly logging in to check my affiliate stats at Clickbank account, and what I found made my heart race with genuine EXCITEMENT.
Clickbank released their recurring billing so now you can sell and promote a wide array of products and services, like subscriptions and membership sites, that leverage regularly scheduled customer payments. And both the advertiser and publisher can each make a recurring income.
This is great news for merchants and affiliates alike. Affiliates can start to earn recurring monthly commissions on the product they sales, such as for web hosting services.
As we know, ClickBank is the Internet’s premier retailer for digitally delivered products from ebooks to software. The biggest appeal behind ClickBank has always been that you can easily (instantly) start promoting products as an affiliate and get paid ON THE DOT every 2 weeks. If you are an advertiser, you can launch a product fairly quickly and access to a huge pool of affiliates. In today’s age, it’s hard to find a serious affiliate who does not already have a Clickbank ID.
The new recurring billing is a fully-automated system that makes selling, promoting, and managing recurring transactions easy and profitable.
Here’s a few things that Clickbank is proud of themselves on regarding the recurring billing system:
1. No Monthly Fees (Just the transaction Fees)
2. No Integration Needed - No Software/Scripts To Install
3. Reduced Authorization Declines - If you do any recurring billing, you know what a pain “failed payments” can be - well, ClickBank says they have a system to help decrease that (read more about it here…)
4. Full Subscriptions Reporting
You can grab this announcement Full Details here to learn how Clickbank’s recurring billing works. I think this is going to be a huge hit in 2007!
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