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In this newsletter:
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1. New eBook policy on eBay
2. Another eBay classified ad success story.
3. Quick tips:
- The thirty second tip
- Do you need a solution?
Yesterday there was a big announcement at eBay about “digital goods” which includes ebooks. Since many readers of this blog and my newsletter have sold or do sell ebooks on eBay I wanted to address the issue as quickly as possible.
My take on it is that eBay is overreacting to an issue they’ve been dealing with for awhile. The heart of the issue is feedback manipulation.
CLICK HERE TO READ THE EBAY ANNOUNCEMENT
HEY EBAY: How about a minimum price of $5 on eBooks, or block the ability to leave “shipping” feedback on digital goods instead? Or, you could talk to your top legit sellers (like John Thornhill) first and get some feedback on the issue.
Later the same day the same eBay rep Brian Burke posted a note that includes the fact that digital goods have just been banned in Australia and the U.K. and have always been banned in Germany. See the post here: CLICK HERE
As of this writing there is still no official announcement on the eBay U.K. or eBay Australia eBay sites on this issue though. I think Brian may have jumped the gun, but the announcement is likely coming very soon.
What’s it all mean?
It’s potentially bad news for those that:
o had a BIG ebook business set up on autopilot on eBay with auctions launching and delivery occurring automatically.
o don’t understand classified ads on eBay
o have all their eggs in one basket
It’s potentially good news for those that:
o understand the power and potential of eBay classified ads
o realize that eBay very likely has just given us permission to include external links in our classified ads
o have quality ebook and info products that can be shipped to customers on CD
o realize that the competition herd on eBay just got WAY thinner
o have their OWN ORIGINAL products
The good new (once again, as with all major eBay announcements that seem to go against sellers) is that the CUSTOMERS are still there on eBay. eBay is pouring marketing dollars into attracting them and it’s our job to find ways to funnel them into our businesses. As long as the customers are there we’ll be there finding creative ways to market to them.
What’s your take on it? Click the comment button below and leave your thoughts. If you are just mad at eBay don’t bother posting - I’m looking for intelligent, insightful comments and observations. It’s okay to be mad, but venting here does no one any good.
I’ll post more on the issue once I gather more facts.
UPDATE: One of our contributing experts at MySilentTeam.com David Lovelace has a special report he put together recently that talks about converting ebooks and digital products into CD products and automating (outsourcing) the whole thing. Check it out: CLICK HERE He’s dropped the price for us to just $10 if you use that link - normally it’s a $27 book.
Click here to read
In this newsletter:
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1. Are you as tired as I am of BIG LAUNCHES?
2. Bonus Week updates
3. Quick tips:
- the “Warrior Forum”
- Send in those testimonials
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In this newsletter:
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1. I owe you a big thank you
2. The hottest thing going right now
3. Quick tips:
- Need more affiliate sales?
- Play the numbers game
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In this newsletter:
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1. What’s working VERY WELL RIGHT NOW!?
2. Question from a “newbie” about Clickbank
3. Quick tips:
- Jim’s favorite Internet Marketing course
- Kind of like soccer
Question:
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Hi Jim. My name is Shawn and I am an avid reader (and big fan) of your newsletter. In many of your newsletters you mention Clickbank. Could you please explain what
Clickbank is.
Jim’s Answer:
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There are people earning $40 thousand per month using ClickBank and in some cases much much more. ClickBank.com (I’ll call them CB for the rest of this article) is a popular tool for those with electronic products like eBooks or software to sell. CB is the order processing service for over 10,000 electronic products. There are over 100,000 affiliates who are selling those products.
Who can be a CB affiliate? Anyone - it’s free.
Who can be an author or software publisher on CB? Anyone that has an original product to sell and $49 in their pocket for the sign up fee.
Here’s a simplified real life example:
My eBook ‘The Silent Sales Machine Hiding on eBay’ is sold using the services of CB. In order to use CB I had to establish my website (SilentSalesMachine.com) and put a CB payment link on it - that’s it. Anyone who wants to buy my book clicks the CB payment button and is taken to the CB order-processing screen. I never see the credit card information of the ordering customer. The entire order-processing service is handled by CB.
If an ordering customer was sent to me via a referral (an affiliate) then the affiliate is credited a percentage of the sale. In my case I pay out 50% of every sale to the referring affiliate. Even if it’s been several months since the customer first visited my website the referring affiliate is credited with a sale when the customers buys.
As soon as a customer buys my book I get an email notifying me of the sale and so does the affiliate who referred the customer to me. The paying customer is directed to the ‘thank you’ page where they download the product they purchased. The customer also gets an email telling them what to do if they have any questions or problems.
The primary services CB provides for sellers are:
-Affiliate payment tracking and payout
-Processing of orders
-Payment via check every 2 weeks for all sales made minus fees
-Online tracking of sales made
The primary services CB provides for affiliates is this:
-Choice of thousands of eBook and other electronic products to promote
-Free sign up
-Automatic payment every 2 weeks of all commissions earned
-Online tracking of sales made
CB has been called the “lazy man’s order processing site” because of all of the services they provide in one package.
Worth noting: my book ‘The Silent Sales Machine Hiding on eBay’ is the number one selling “eBay” related book on CB (it’s been a top seller for years through many revisions and updates).
Clickbank.com is one of my favorite online tools.
What do you think? Please leave a comment below!
