ClickBank B’Slaps JV IM’s AgainWritten by Pace Lattin
October 19, 2011 # 12:31 pm # Industry News # 6 Comments
As part of ClickBanks continued desire to pretend to clean up their act, they have instituted another policy. Because of all the crap on Clickbank and more important Affiliates Revolt Against Clickbank, they have instituted a policy that will help them collect more money. However, it doesn’t address the issue of continued scams on ClickBank and worse, the fact that affiliates are the ones continually screwed by crappy products. Affiliates still have no way to be compensated when crappy products waste their traffic, or worse have huge charge-backs when they don’t deliver what they said they would. ClickBank still protects the owners of the product and refuses to provide information to anyone about the people behind these products, or to help take legal action short of a court order.
Here’s the announcement.
As part of our ongoing commitment to providing high quality products to consumers, ClickBank is adjusting certain fees relating to refund and chargeback rates for ClickBank vendors. These changes will affect a very small number of ClickBank vendors, and will not affect affiliates.
Beginning October 17, 2011, vendor accounts with a refund rate at or above 15% over a rolling 60-day period and/or chargeback rate at or above 1% over a rolling 70-day period may be subject to additional fees or penalties.
To help you avoid fees or penalties, we are adding a clear indicator of your current rolling 60-day refund rate to your Account Home page so you can easily track your refund rate and take action if necessary.
As we begin to implement this new policy in the coming weeks, affected vendors will be contacted individually before any additional fees are applied to their accounts.
We are committed to supporting our clients and end customers, and these changes are part of our commitment to keeping affiliate marketing profitable and sustainable for years to come.