Earn Money

Jul
15

Earn Money – PayDotCom

by RMvalues on Jul.15, 2010, under Earn Money

Another similar program like ClickBank – PayDotCom. Similar, but not same. ;)  What’s the differences? Let’s us begin from the basic and we tell you the differences at the end of this post.

The same, PayDotCom also offer 2 kinds of programs :

  1. Vendors
  2. Affiliates

What vendors program have ?

  • Get Paid Instantly
  • No Pre Approval
  • Sell single product for FREE
  • Pay 1 time activation fee USD $ 29 (~ RM 100) to sell multiple products
  • No monthly fee
  • PayDotCom charge you either USD $ 1, $ 2 or $ 3 transaction fee based on amount of sales and this fee will be shared by affiliates, if the sales is generated by affiliates.
  • You cover the PayPal fees your own, approximately 3%.
  • You pay affiliates yourself via PayPal. At the end of every month, you can login to your account and get the list of affiliate commission and pay according to the list to them.
  • Provide Promotional Tools To Your Affiliates

Example of your earning:

Product price USD $ 10

Commission to affiliate 20 %

Vendor fee USD $ 1

If affiliate made the sales – USD $ 10 – 20% – USD $ 0.50 (affiliate share 50% fee) = USD $ 8 – USD $ 0.50

Your earning USD $ 7.50

If you made the sales without affiliate – USD $ 10 – USD $ 1 (you pay full fee) = USD $ 9

Your earning is USD $ 9

For Affiliate program :

  • You can earn from 5% to 80% commission from total sales.
  • You have to pay 50% of the vendor fee, which share with vendors.
  • You get paid at the end of the month via PayPal.

Referral program :

  1. Earn 20% of new member upgrade to premium membership – USD $ 20

Our Comment :

PayDotCom is a different marketplace compare to ClickBank, although both of them are mostly rely on the affiliate sales, but in PayDotCom you have to handle the affiliate commission as well as affiliate have to share the 50% of the vendor fee. Fair or not depend on your personal opinion.

We believe it’s worth to try PayDotCom. To try PayDotCom, click here !

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Jul
14

Earn Money – ClickBank

by RMvalues on Jul.14, 2010, under Earn Money

Today we would like to share another method of earning money online, which is selling your products online in marketplace. This method very similar to eBay, Lelong and Amazon, but they don’t have auction. All products are fixed price.

ClickBank offer 2 kind of programs, which is :

  • Affiliates – You help vendors to sell products
  • Vendors – You sell your products in ClickBank

Let’s start with Vendors

  1. You have to pay 1 time activation fee USD $ 49.95 (~ RM 165).
  2. More than 100,000 active affiliates in 145 countries, mean you have a lots of peoples are helping you to promote your products
  3. Sell your product in English, Spanish, French, and German
  4. You can sell recurring billing, subscription and membership products which give you recurring sales and earning.
  5. You can sell 1 time products without recurring and earn in every single sales.
  6. You set the % or fixed amount of commission share with affiliate who is helping you to promote and get sales. The higher commission pay the higher attraction for affiliate to help you to promote.
  7. Other vendor charges :
    No Monthly Fee.
    USD $ 2.50 (~ RM 8.50) payment processing fee for every payment issue to you.
    ClickBank charge you 7.5% + USD $ 1 (~ RM 3.30) for every sales made.
    Dormant account fees *
    Chargeback if any revoked sales – from USD $ 18 (~ RM 59.50) up to USD $ 100 (~ RM 330)

Example of Vendors transaction:

Product sales for USD $ 100

Commission for affiliate USD $ 30 (fixed amount)

Total earning you will receive after minus all charges :

USD $ 100 – 7.5% – USD $ 1 – USD $ 30 = USD $ 91.50 – USD $ 30

You final amount if USD $ 61.50.

For affiliates :

  1. You earn commission by promoting the vendors’ products and get sales.
  2. You commission is either % of total sales or fixed amount.
  3. Dormant charges* , if any.

Beside that, you can also referral new vendors and affiliates and earn referral commission from ClickBank :

  1. Earn 20% of vendor activation fee USD $ 49.95 – USD $ 9.99 (~ RM 3.30).
  2. Earn 5% of ClickBank charges (7.5% + USD $ 1) – around USD $ 0.09 to USD $ 0.99.

Can I have both Vendors and Affiliates account ?

Yes, you can. Both are in same account. You will sign up as affiliate, then go to vendor page and pay activation fee to become vendor, if you want.

What is Dormant account charges ?

Accounts with a positive balance but no earnings for an extended period of time are considered dormant. Dormant accounts are subject to a charge of $1 per pay period after 90 days of no earnings, $5 per pay period after 180 days of no earnings, and $50 per pay period after 365 days of no earnings.

Payment Method of ClickBank ?

ClickBank accept Credit Cards and PayPal in vendors sales. And ClickBank pay affiliates and vendors via Check and Direct Deposit (certain countries).

ClickBanks pay you twice monthly of once per 2 weeks. Minimum payout is USD $ 10. However, please remember the USD $ 2.50 processing fee.

Our Comment :

ClickBank offer huge opportunity for you to make sales and earn money, but you need to promote it smartly, otherwise your account will become dormant account and all earning will be forfeited a little by a little until USD $ 0.

ClickBank seems to be money hunger, high transaction fee (7.5% + USD $ 1) and even payment also charge USD $ 2.50 processing fee and charge dormant account fee.

Another hidden condition from ClickBank are as follow :

———————————————————————————

ClickBank will withhold payment of any account balance until the following criteria is met:

  • Sales made with 5 or more different credit card numbers; and,
  • Sales made with two different payment methods (either Visa, MasterCard, or PayPal). Note: PayPal purchases do not count toward the minimum 5 different credit card numbers.

This requirement is in place to help prevent Affiliates from abusing the ClickBank Affiliate program by using their accounts for the sole purpose of fraudulently collecting rebates and/or discounts on their own purchases.

Once you have met the Customer Distribution Requirement, your account will begin issuing payments normally, in accordance with our Accounting Policy, beginning on the next payment issuing date.

———————————————————————————

You can try ClickBank and decide whether ClickBank is your cup of tea or move to another program.

Sign up ClickBank here !

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Jul
12

Earn Money – Amazon

by RMvalues on Jul.12, 2010, under Earn Money

Remember we have introduced the eBay and Lelong Malaysia to you just some days ago ? Today we would like to share another similar program, but it has some unique part where you won’t find from eBay and Lelong.

What do we mean ?

Not only Amazon will help you to sell your products, but Amazon associate (or we called it as referral) will help you to sell your products and earn commission. So.. You will have to pay commission to the Amazon referral, if your product is sold under their referring.

What’s their rate ?

Amazon offer 2 kind of plans and their rate as follow :

  1. Sell Professionally – USD $ 39.99/month + Referral fee
  2. Sell Your Stuff – USD $ 0.99/sale + Referral fee

* The referral fee vary from 6% up to 25%, depends on the type of product you want to sell.

Beside selling on Amazon, you can join their referral program which called Amazon Associates to earn the referral fee.

You can earn from 4% till maximum 15% of the total sale price. The rate is based on both type of products and total sales in a month.

Our comment:

Amazon is famous on selling books in USA and some European countries. Of course, you can sell your products to worldwide via Amazon. If you have many used book, Amazon definitely is your first choice to sell it.

To get start, you can click here.

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