Why Choose ClickBank Products To Promote
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can check the refund rate of a product, by making a simple calculation. When you are selecting products, one of the pieces of information available is $/sale. This is the simple formula for calculating the refund rate of any product:
(Commission - $/Sale)/Commission = Average Refund Rate
Example:
Product Price - $49.95
Commission - 75% ($37.46)
$/Sale - $27.29
Average Refund Rate = (37.46 - 27.29) / 37.46 = 0.27 = 27%
A refund rate of under 15% indicates a high level of customer satisfaction. That however, is not the whole story because conversion rates also have to be taken into account. Although a product with a refund rate of under 15% can reasonably be expected to be a satisfactory product, you can still earn commissions on products with a higher refund rate if they also have a higher conversion rate. So always bear in mind both conversion rate and refund rate when selecting products. Article Source: http://www.upublish.info About the Author:
Elaine Currie
You will the best home business ideas to help you make money at home at Elaine Currie's Work At Home Directory
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