Clickbank Allows Recurring Billing…
This has to be one of the juiciest pieces of Internet marketing news recently…
Clickbank has decided to support recurring billing… which means that Clickbank won’t just be home to ebooks and software, but also member sites. That’s good news for merchants who want to set up or migrate an existing members site to Clickbank, but also for Clickbank affiliates who will be able to promotes member sites and hopefully share an ongoing percentage of the sales revenue.
Check out the press release here.
edit: information for affiliate payments on recurring billing products…
“For recurring billing products, ClickBank allows publishers to set a rebill duration up to 99 months (initial payment + 98 rebills). If you are selling a recurring billing product, your affiliates will earn a commission for the initial payment and all additional rebill payments. The commission rate offered at the time of the initial payment remains the same for the rebills. Keep in mind that the initial payment must be equal or greater than the subsequent rebills. Therefore, even though the commission rate stays the same for all commissions earned, the dollar amount affiliates earn for the initial payment may be greater than the amount they earn for the rebill payments. If a recurring billing product or subscription is cancelled, no future commissions will be awarded.”
(source)
