ClickBank Now Offers Recurring Billing!

This is absolutely HUGE!

ClickBank are finally offering recurring billing as a payment option for product vendors.

I believe this has the chance to transform the ClickBank marketplace for both affiliates and product vendors. There’s likely to be a wealth of membership sites cropping up now.

A lot of tat will appear but in amongst it all will be some great residual earning opportunities. I intend to keep a close eye on the ClickBank marketplace over the next few months.

For more details straight from the horses mouth check out these links:

ClickBank recurring billing details page

ClickBank recurring billing FAQ

This new addition is just the start for ClickBank updates. Earlier this year there was a ClickBank conference held in London where future plans where revealed and discussed.

Harvey Segal from CLickBankGuide.com was there and wrote about all the discussed plans in his newsletter. Get all the details from his newsletter here:

http://www.clickbanksuccessforum.com/forum/viewtopic.php?t=6300

For a quick synopsis of the topics discussed here’s a list:

CURRENTLY IN DEVELOPMENT:

• Recurring billing (Phase 1)
• Improved productivity stats
• Multi lingual order form (Phase 1)
• More advertising opportunities in the Marketplace
• Order form optimization

IN THE PLANS:

• Improve client communications
• ACH/wire transfer payment options
• Multi currency capabilities
• Vendor approved refund
• Account consolidation: master/sub-account structure
• Multi item shopping cart capabilities
• Client API for account data and reporting
• Help Desk/Ticket system

OTHER ITEMS:

• Direct link to the order page
• Affiliate contact with customers
• Publisher/Affiliate contact
• Sales notification to affiliates
• Policies
• Refunds

I am particularly interested in the new payout options - Cheques are such a slow way to get paid especially when they have to be send to the UK. PayPal would be the easiest as long as they use an account that doesn’t mean PayPal take a cut of your payment. Some affiliate networks that pay via PayPal forget about this and it’s a real pain to get a slice chopped of at the last minute by PayPal.

The other future addition that looks very promising is the client API. Going through the CB reporting system is a bit of a task and very time consuming. This API would enable some decent reporting software to finally be made. I’ve been through a few CB stats software tools and they all fall over fequently due to CB constantly changing thier system. This API could put a stop to that.

If any of the planned CB updates are of particular importance to you let me know in the comments below - It’d be very interesting to know what everyone wants most from CB.

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20 June 2007 | Internet Marketing | Comments