| Things happen so fast online that sometimes I | | | | think they're going to eat this cost? |
| can just about keep up with them. In case you've | | | | Well, I didn't think so. But I wanted to make sure. |
| missed it, PayPal has announced that starting in | | | | So I contacted my ClickBank representative and |
| August of 2010, there are going to be changes | | | | asked her. The response I got wasn't a definite |
| made to their refund policy. I actually discussed | | | | one but she didn't foresee any changes to their |
| this in a previous article. However, what I didn't | | | | policy regarding refunds, meaning that she didn't |
| take into account was ClickBank and how it | | | | see the cost being passed on to us. Notice the |
| affects them. Wonder how? Well, keep reading | | | | word, foresee. Doesn't exactly make me feel all |
| and you'll find out. | | | | warm and fuzzy inside. |
| First, I need to clear up some confusion from my | | | | Nevertheless, that's how things stand as of this |
| previous article. I may have mentioned that the | | | | writing. I have no idea what the future holds for |
| new refund policy will now charge the affiliate or | | | | us. I never thought that PayPal would start |
| merchant 30 cents plus 2.9% of the sale price. | | | | charging us for refunds, but I guess that was |
| That is an error. It is ONLY 30 cents charge per | | | | naive of me. After all, it DOES cost them money |
| refund...at least as of now. Who knows what will | | | | each time they have to process a transaction. |
| happen in the future? But for now, it's only going | | | | Same for ClickBank. Gee, I'm still not feeling all |
| to cost you an additional 30 cents for every item | | | | warm and fuzzy. |
| refunded. | | | | Anyway, here's what you can do to minimize |
| But what does this have to do with ClickBank? | | | | your refunds. Sell products of quality and be up |
| Well, it has everything to do with them. In case | | | | front about things on your sales page. I know, it's |
| you're not aware of this, ClickBank now allows | | | | a novel concept for some people, but it works. I |
| buyers to purchase through their PayPal accounts. | | | | can count my monthly refunds on less than one |
| So, given that, what do you think happens when | | | | hand. So the extra buck out of my pocket won't |
| one of those PayPal buyers requests a refund? | | | | kill me. |
| You got it. ClickBank is the one who has to pay | | | | What about YOU? |
| PayPal their 30 cents per transaction. Do you | | | | |