How Does Clickfunnels Pay Affiliates?

What is Affiliate Marketing and how does one get paid

Affiliate marketing refers to recommendations for services or products that you pass on to your target group. So if you have a website or social media channel on the subject of cooking, for example, you can recommend your favorite cookbook or cut fair to your target group.

You create so-called affiliate links for the products, which contain a tracking ID. This special link enables the owner of the product to understand that a purchase was made based on your recommendation. And for this, you will then receive a previously agreed commission. The product does not cost more for the buyer. As a thank you for your recommendation, you will only receive a piece of the cake and will participate in the profit of the sale.

Affiliate marketing is a win-win situation for the product seller and for you. Because without your recommendation, the sale would probably not have taken place. And of course, you also benefit from the commission achieved. Often times, affiliate marketing is about physical as well as digital products. But the recommendation of services is also an important part of affiliate marketing.

What commission can you earn?

The commission that you can earn through affiliate marketing differs from seller to seller or from platform to platform. However, you are always informed in advance how high your commission will be in the event of a sale. The commission is determined by the respective company. At Amazon, the amount of the commission differs depending on the category (electronics, drugstore items, clothing, etc.).

The commission is usually given as a percentage. Commissions between 1 percent and 15 percent are common. But you can also earn significantly higher commissions, especially with digital products that are offered via Digistore24 or sendowl, for example. Here you will often receive 40 to 70 percent of the sales price as a commission.

How does clickfunnels pay affiliates?

A while ago, clickfunnels used to pay its customers through paypal or they send you checks. But in Mid 2019, clickfunnels came into partnership with Tipalti who paid commissions on their behalf. When in the process of signing up clickfunnels affiliates, you are normally redirected to Tiplati’s website so as to fully set up the account.

On this Tipalti website, you have various options of getting paid. The monthly commission is wired in different ways including to your local bank in your local currency. The downside of using Tipalti is that a fee of $5 from the commission you have earned is further deducted before the conversion. The remaining balance is wired to your local bank or the payment method you choose.

What are the pros and cons of starting affiliate marketing?

As with any business model, there are some advantages and disadvantages to affiliate marketing that you should weigh up. We have summarized the most important advantages and disadvantages from our experience in the following table.

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Pros

• You don’t need your own product and can get started quickly
• You have nothing to do with the processing (payment process, shipping, complaints, etc.)
• If the product is good, you will benefit from good conversions and sales
• You can use affiliate marketing as a digital nomad

Cons

• You are always dependent on the company whose product or service you recommend (e.g. If the commission is reduced)
• If the product or service that you recommend performs poorly, this also falls back on you negatively (“What kind of shit did he recommend to me?”)
• First of all, you need a large reach so that affiliate marketing is really worthwhile for you