ClickBank Launches Recurring Billing.New Service Broadens Reach and Revenue Opportunities for Product Vendors and Affiliates BROOMFIELD, Colo. -- ClickBank, one of the world's largest online retailers for buyers and sellers of digitally delivered products and services, today announced it will offer recurring re·cur intr.v. re·curred, re·cur·ring, re·curs 1. To happen, come up, or show up again or repeatedly. 2. To return to one's attention or memory. 3. To return in thought or discourse. billing to its nearly 11,000 product vendors and 100,000 active affiliates. There are currently more than 25,000 different products in the ClickBank marketplace including a wide variety of software, e-books, music, and games. The introduction of recurring billing allows product and service vendors to conveniently offer an almost infinite assortment assortment /as·sort·ment/ (ah-sort´ment) the random distribution of nonhomologous chromosomes to daughter cells in metaphase of the first meiotic division. as·sort·ment n. of subscription and membership-based programs through ClickBank. "What's different about ClickBank's recurring billing service is that it is backed up by our affiliate network An affiliate network acts as an intermediary between publishers (affiliates) and (merchant) affiliate programs. It allows publishers to find affiliate programs, which are suitable for their website and it helps websites offering affiliate programs reach its target audience. and state-of-the-art fraud protection and security system," explained Bob King, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ClickBank. "Now vendors who sell subscription-based products and services can tap into the power of our proven business model and ever-growing affiliate network. "Recurring billing also presents a great revenue-generating source for our current product vendors and affiliates because now they can earn additional income in the form of repeating sales and commissions," King added. "For example, the author of an e-book may wish to supplement the book with a monthly newsletter. Now he can sell both through ClickBank's automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. , no-hassle system." "I've been an affiliate with ClickBank since the very beginning," said Miles Baker, a promoter A person who devises a plan for a business venture; one who takes the preliminary steps necessary for the formation of a corporation. Promoters are the people, who, for themselves or on behalf of others, organize a corporation. of software and information products as well as an author of an upcoming e-book on Internet marketing See Internet advertising. . "Their system is the best online business model I know of for selling and promoting digital products. Now that ClickBank offers recurring billing, I will be able to offer more to my customers and expand my business like never before." About ClickBank: ClickBank is the largest online retailer for those engaged in buying, selling, and promoting digitally delivered products and services. ClickBank can be described as a virtual business network linking buyers, sellers, and promoters PROMOTERS. In the English law, are those who in popular or penal actions prosecute in. their own names and the king's, having part of the fines and penalties. of digital products and services. ClickBank facilitates these interactions and transactions and provides guaranteed tracking of sales, state-of-the-art fraud protection, and a totally secure platform. ClickBank is firmly positioned in the list of the Internet's Top Ten pure play Internet retailers focused exclusively on digital and downloadable products. ClickBank handles an average of more than 20,000 transactions a day. |
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