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Internet Marketing > Weekly
Tips > SSWT 10/28/05
PayDotCom is
the new paypal-based alternative to ClickBank. As an affiliate
you can promote the products listed at PayDotCom just like you
can at ClickBank - it's simply a new affiliate network that you
can join for free and earn money through product sales. The only
major difference is that you dont have to wait for a check to
arrive in the mail... they payout via PayPal.
As
a merchant, PayDotCom has a lot of features that make
it a more appealing option than ClickBank. For starters, your
merchant account is free (unlike ClickBank which charges a $49.95
activation fee).
And
again, you dont have to wait for a check - in fact, when one of
your products sell (either directly, or through one of your affiliates)
the money goes directly into your PayPal or Stormpay account.
There's no waiting period at all.
Another
perk is that you can sell an unlimited number of products through
your PayDotCom
account. With ClickBank you can only sell one product per
account (unless you purchase EasyClickMate software to get around
this) - which means you pay $49.95 to set up each product on ClickBank.
PayDotCom does have a one time $29 activation fee for multiple
products, but that one fee will allow you to set up an unlimited
number of products.
You
can also sell both physical and digital products through PayDotCom.
You can even set up subscription based items, such as a membership-based
site or ongoing service. ClickBank only allows you to list digital
goods, such as info products.
It
just makes sense to choose PayDotCom over ClickBank. There are
tons of reasons why... but another one of the big differences
is that PayDotCom allows you to email all of your affiliates -
ClickBank does not. That has been one of the major problems with
ClickBank - that you had no idea who your affiliates were, and
no way to contact them. Add in the fact that you had no control
over refunds, were forced to offer a specific guarantee and had
no real stats to work with... and ClickBank was extremely restrictive.
However, it was the best option for a long time because it was
one of the only options (outside of setting up the software to
manage your own affiliate program in-house).
I
signed up for a free acount myself, so I've had an opportunity
to check things out behind the scenes. It's very easy to use,
and they offer a lot of features to both the affiliate and the
merchant. I was impressed with it, myself - and am surprised I
havent heard more talk about it than I have.
Check
it out for yourself: Click the Vendors button there on the
main page, and then click the "check it out to compare..."
link.
I'm
not sure why anyone would even choose ClickBank anymore, now that
PayDotCom is available. For years now there has been talk about
inaccurate reporting at ClickBank, "dry spells" where
no sales were reported at all in accounts that get consistent
sales otherwise, etc. With all of that in question, and all of
the features lacking that any good affiliate program manager should
offer... I see ClickBank needing to make major changes, or phasing
out altogether.
And
I'll give you one more reason to sign up for a free account, if
you havent already: You can refer other people to PayDotCom and
earn $5 for every new free account that results from your recommendation.
I remember when PayPal first appeared on the scene... and offered
a $10 referral commission. Since the accounts were free, a lot
of people signed up when they were introduced to PayPal by someone
else... and many people made hundreds - even thousands - of dollars
on those referrals!
This
is another such opportunity ;)
The link I gave above (http://paydotcom.net/?affiliate=8361)
is my own referral link. It will cost you absolutely nothing to
set up a free account - through which you can promote other people's
products, or set up your own to sell - and I will earn $5 when
you do that. From there you can share your own link with others,
and earn $5 for every referral (in addition to selling products
for commission, or kick-starting your own affiliate program).
PayDotCom
stands to benefit YOU in several ways... and by signing up (again,
at ZERO cost to you) you can also support all of my work here
online at the same time.
A
win/win for us both ;)

P.S.
More
Info: Click
here to go to the Live
Discussion on PayDotCom vs ClickBank
The
link above will take you to a thorough discussion of the differences
between the two, where you can also post your own thoughts or
questions about ClickBank, PayDotCom or online payment systems
in general.
Also See: Choosing
an Online Payment System -->