A question about ClickBank refund calculation
Hallo Warriors, A quick question:
I began marketing CB products a year ago, and kind of shifted out of it because I started selling through eBay.
Thing is - I did some sales before & really want to get back into the digital selling game, but I am a bit puzzled by the way I need to calculate refund rate.
As you probably know, some items have recurring billing, some have one flat price, and some offer various up-sells...
The question is - How do you calculate a percentage refund of a product who has various multi payment structures?
My take is to go for taking the average sale price, the price of the product & the %sale.
the calculation is product price * sale percentage and from there I write the amount of "gap" between the average sale & the sale price pre-refunds.
Is this a method you generally use? How much of a "gap" is considered risky for high refund amount?
Thanks in advance.
I began marketing CB products a year ago, and kind of shifted out of it because I started selling through eBay.
Thing is - I did some sales before & really want to get back into the digital selling game, but I am a bit puzzled by the way I need to calculate refund rate.
As you probably know, some items have recurring billing, some have one flat price, and some offer various up-sells...
The question is - How do you calculate a percentage refund of a product who has various multi payment structures?
My take is to go for taking the average sale price, the price of the product & the %sale.
the calculation is product price * sale percentage and from there I write the amount of "gap" between the average sale & the sale price pre-refunds.
Is this a method you generally use? How much of a "gap" is considered risky for high refund amount?
Thanks in advance.