> So better just to market and create, and sell it on my own and avoid click bank?
Got a related question about doing this yourself.
I read that paypal passes on chargeback fees from the credit card companies of 20$ to you, so a successful chargeback on a 15$ product could cost you 35$. After figuring in the transaction fee and tax, it means that for a 15$ product:
· 5% chargeback rate = 14% loss of profit
· 20% chargeback rate = 56% loss of profit
· 36% chargeback rate = 98% loss of profit
Above that, you're into the red.
I'd like to know what a realistic chargeback rate is for an average digital product? In real life, can you ever expect a 20% or 30% chargeback rate?
I'd also like to know whether this is a good reason to price products higher. For example, a 30$ product at 36% chargeback rate would only be a 70% loss of profit, rather than all of it.
Or perhaps this is all bullshit and you actually hardly ever get shafted for a 20$ fee?
Lastly, could one advantage of being an advertiser on clickbank be that they protect you from all this stuff. Chargeback rates are high there, but maybe they absorb it somehow?