Hidden ClickBank Drawbacks
Don’t waste your time reviewing Clickbank products if…you live in a country that is not on Clickbank’s sign-up page approved list. But the good news is…
the list in the drop-down menu, besides "where shall we send your checks", is as long as your arm.
Conspicuously absent in Nigeria, now notorious for rampant 419 scams. These are the emails your spam filters probably catch all the time, asking you to pick up a large sum of money as a go-between - if you'll only give people at the other end of untraceable Dutch cell phones your banking details.
One other thing you should know if you live in a country on ClickBank's List: They don't offer an affiliate payment option through PayPal. They do, however, wire money to 16 of the countries on their list.
The Secret Drain on your ClickBank Commission Payments
How often does ClickBank payout commission? The simple answer is "every two weeks". It will allow you to set your payout rate as low as $10 after you meet the initial requirements for that first payout (which can seem to take forever when you're just getting started! - but there's a hidden "drain potential" you need to be aware of.
Every time ClickBank sends out a check to you, it will deduct a $2.50 fee. You may decide it's better to wait until you've built up a decent amount, instead of losing one-quarter of your commission, every single check, if your rate is set as to that minimum $10.
Set your rate at $100 - or $50, if you really can't wait. After all, a 2.5% flat fee deducted from your earnings is much better than a 25% fee!
Are you Prepared for Holdbacks?
One advantage to being an affiliate, rather than a product seller - you don't have to worry about other ClickBank fees. But one phenomenon you should be aware of is the "holdback".
This occurs when the product seller decides to "hold back" a portion of your commission, usually to ensure that they can issue refunds, should the buyers you sent ask for a refund. It's more common to see this done if your checks are large - but smart marketers don't mess with their money-producing affiliates.
The good news? Eventually, however, they do have to pay you the rate agreed on.
And the even better news?
If your commission checks are so big that your vendor has to hold back a portion, you know you’re really doing something right!