ClickBank Reaches $2 Billion in Total Revenue Paid Out to Online Entrepreneur Clients
BROOMFIELD, COLO. Dec. 7, 2011 – ClickBank, the premier online marketplace for digital information products, today announced $2 billion in total revenue paid to affiliate marketers and product vendors since 1998. During the three-year period from 2008-2011, revenue payouts doubled from $1 billion to $2 billion, reinforcing the affiliate marketing industry as a growth sector of the economy during the global recession.
“ClickBank offers a one-stop resource for online entrepreneurs to turn their expertise into revenue,” said Brad Wiskirchen, CEO of ClickBank. “From the growing acceptance of digital media and pay-for-performance advertising to the global connectedness of the Internet, the ClickBank Marketplace lies at the cross-section of several online trends that are creating business opportunities, even as the economy remains uncertain.”
ClickBank revenue paid to online entrepreneurs has demonstrated steady growth for the past 13 years.
- During the 10 years from 1998-2008, ClickBank paid $1 billion in total revenue to affiliate marketers and product vendors.
- Total revenue doubled during the next three years, reaching $2 billion in December 2011.
Today, an average of more than 30,000 transactions are completed daily via the ClickBank Marketplace, which reaches more than 190 countries worldwide.
Forrester Research forecasts the affiliate marketing industry to reach $4 billion in annual revenues by 2014, driven by direct payouts to affiliate marketing websites.
To celebrate the success of its online entrepreneurs, ClickBank has launched a Facebook video promotion encouraging affiliate marketers and product vendors to capture and share their success stories. Selected participants will be eligible to win a combination of cash rewards and coaching sessions. Video submissions will be accepted until Dec. 31.
About ClickBank
ClickBank® is an online marketplace for digital information products that allows individuals and businesses to attract the customers they can’t find anywhere else online, and provides affiliate marketers with secure ways to be successful and profitable.
ClickBank combines a diversified, established marketplace with an infrastructure that includes industry-leading fraud prevention tools, reliable payment processing and expert customer support for more than 50,000 digital products and 100,000 active affiliate marketers. ClickBank enables sales in more than 190 countries around the world and is consistently ranked as one of the most highly trafficked websites on the Internet. In December 2011, ClickBank reached a new milestone – distributing $2 billion in total revenue paid to affiliate marketers and product vendors from transactions completed via the ClickBank Marketplace since its launch in 1998.
ClickBank is privately held with offices in Broomfield, Colo. and Boise, Idaho. For more information, go to: www.clickbank.com. “Like” ClickBank on Facebook or “follow” @ClickBank on Twitter.
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