Affiliate-Vendor Bank’s for Bloggers
Affiliates and Vendors normally use one of the online banks to buy and sell digital products. If you are a Vendor, you normally have to pay a fee to add your product to the site.
So what are RAP Bank and ClickBank. Both these banks are for bloggers selling products as an Affiliate, this is selling someone else’s product for a commission; or as a Vendor, wishing to attract Affiliates to sell your products for a commission.
ClickBank is a secure, online retail outlet, in the market place since 1998. This site boasts approximately 12 000 digital product vendors, to approximately 100 000 active affiliate marketers.
Serving about 200 countries and processing about 26 000 transactions per day this site is consistently highly ranked and handle extremely high traffic.
What you need to be aware of is that the commissions are not paid immediately, the payouts are twice a month, once a definite income has been reached.
As a Vendor you will pay to have your product added, take care and read all the requirements.
Now RAP Bank – New to the marketplace have come up with some innovative ideas. The big Plus is that commissions paid happen immediately. So if you select a product earning 50% commissions then every other sale is paid to you as an Affiliate, with the other sales going to the Merchant/Vendor. Should the commission be 75%, then 3 out of 4 sales will be paid directly to you.
Free to join as an Affiliate, however if you opt for the Vendor Plus you receive Oh so much more than being a non-paying member.
When you have a product to launch of your own there are no further charges, if you have joined as a paid Vendor Plus. New products are scrutinized before going into the market place, so Affiliates know the products are of good standing.
Instant commissions are paid into your PayPal Business or Premier account. You can see the structure of the commission when surfing the marketplace. Some Vendors will pay you for every second sale, whilst others pay 100% on first sale and second sale goes to the Vendor. Most products will offer you either 50% or 100% paid directly into your PayPal account.
What do you need to join RAP Bank:-
1. As an Affiliate you can join for free – but my bet is that you will upgrade very soon when you see what is being offered in Vendor Plus, and remember you don’t have to be a Vendor!
2. You will need a PayPal Business or Premium account. If you have a personal PayPal account, upgrade before applying to RAP Bank. The reasoning behind this is many people pay for a product with a credit card and this is not possible to accept with a personal account – so be sure to upgrade before signing up to RAP Bank.
3. Go through the online videos and learn what you can achieve, there is a lot you can do and if you already have a blog the tools are amazing!
Happy blogging to the bank, get your links and ready yourself to make money immediately. No more waiting for the cash to flow into your business.
Thought to Ponder : “The secret of happiness is curiosity.” – Norman Douglas