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Clickbank paychecks and how refunds are calculated

By ShowMeTheMoney | February 10, 2006

This is for the heavy Clickbank user. If you havent made many sales or dont use clickbank much it wont make much sense. First the basics, how a clickbank paycheck is calculated:-

Credits (sales) - Debits (Refunds) + bonus + Release (allowance from 6 Pay Periods ago)
Take 10% of that total. This is your allowance for the Pay Period.

Now, take your total from above, subtract the Allowance, then subtract $2.50 for administration fees. This is your Pay Check amount.

A couple of the products I promote on clickbank are for subscription based sites. Now these type of campaigns have a much higher product refund rate then for say E-books. In fact I typically see anything between a 12 - 17% refund when I promote these type of products.

I find figuring out how my clickbank paycheck is calculated each pay period is a major pain. Well this is how that figure is actually calculated. No more guess work.

If I take January as an example

for Pay Period Jan 1 - 15

Go to the credit and debit reports. Select the following.

Date: Jan. 8
Range: 16 days
Show: Refunds
Click the Search button

Do the same thing with Chargebacks and with Bounces. Same Date and Range. Add the 3 together. This is the exact Refund amount that has been taken off your Pay Check for the Pay Period 2006-1-16.

That formula works only for the first pay period of the Month, for the second pay period in the month do this:-

Pay Period Jan. 16 to Jan. 31

Select the following

Date: Jan. 24
Range: 15 days
Show: Refunds
Click the search button

Do the same thing with Chargebacks and Bounces. Add the 3 together.

This one won’t be the same from Month to Month. The only difference is the range (and the Month of course). 

If there is 30 days in a Month, then the range is 14 days. 31 days in the Month, then the range is 15 days.

Clear as mud eh? As I said this will probably only make sense if you are pushing a fair volume of sales via clickbank.

 

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