Beware ClickBank’s Dormant account policy
Posted by Phil RogersFeb 29
If you’re getting into affiliate marketing, one of the good places to start is ClickBank. It’s easy to use, and well-tried.
But if you’re a beginner and not yet very good at marketing, you could lose the money that you have earned so far.
One of my colleagues had earned about $23 in his ClickBank account, but as he wasn’t really promoting his links very well, he just didn’t get any more sales for quuite some time. When finally he went to check his balance, he saw that it had fallen to $16, and there were a number of small ($1 and $5) transactions on the account. He couldn’t understand what they were, so I investigated for him.
It turned out that those $1 charges were for a “Dormant account”. In ClickBank’s world, this means an account that has a positive balance, but no transactions for an extended period of time.
I investigated further and found that the following scale of charges are applied:
$1 if the account is dormant for 90 days
$5 if the account is dormant for 180 days
$15 if the account is dormant for 365 days
So if you get sales of ClickBank products very rarely, your money might be eaten up in charges, and you may never receive a payment cheque (check).
Of course, if you get sales that rarely, then you probably shouldn’t be bothering with ClickBank, or you seriously need to go on an affiliate marketing course!
It’s a bit of a cheek though. I doubt whether it costs anything to manage a dormant account, and all the time ClickBank have your money, they’re earning interest on it.
Tags: charges, clickbank, dormant account
I have some toughts to excange with you!
When you create a new web site in any niche, you face one BIG problem. It’s not your design, not your hosting, or affiliate program software. The problem is how to get people and buy the products from your web site.
I hope to wake up my dormant clickbank account. I am frustrated, no one helps you. Now I have a real way to use the method that proved its effect. No magic solution, no cheating, no spamming – a 100% legal way to to receive traffic for your web sites in any niche and do that with people, who are looking for the same thing.
The solution: Affiliates help afilliates! The idea is to create a powerful plattform, which informs people about the possibility of exchanging their affiliate programs. Often there are many affiliates, who cannot get their payments because they haven’t fulfilled all the requirements
For example Clickbankaffiliates: A member doesn’t have access to his money until he finds 5 different people (with 5 different credit card numbers), who order something. The solution is simple and a win-win solution. For ex. I order from your link (Affiliate, Clickbank, CJ, Amazon, Ebay, MLM….) when you do the same with my link! Very simple and an absolutely win-win solution!
So you can exchange your product links here for the same price categories (e.g. my product costs $49 and your product costs $49) and build your business without the worry about spam letters or stressfull searches for traffic or people. We all have the same goal – we want to build a business and we need to help each other.
What do you think about this new idea? I start with my project at oriena.com (just a beta version to get the idea)
Thanks for your comments!
Teddy
Sounds like it could work if managed correctly. However, there are some other ways of improving your success with ClickBank, and thus overcoming the problems of dormant accounts and the 5-credit-card rule.
See my new post at
http://www.philstechnotalk.com/internet/online-marketing/clickbank-dormant-account-policy-revisited/
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