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FIB - Scams 101 - Ye Olde Archives
Posted By: MaaMaw
Saturday, 14 January 2006, at 11:15 a.m.
I confess, I tend to overload myself (big DUH).
I'm doing a lot better lately since working only on FIB and AZOO, but still, there are affiliate programs I forgot about, even here on FIB.
Today I decided to check every affiliate manager I'd ever signed up with, just in case.
There was $70-something on ClickBank.
Hmmmmmmmmmmmmmmm... where'd that come from?? (Actually I do promote two of those programs but passively, not actively right now, and I had forgotten they were even ClickBank.)
It turns out that ClickBank charges you $2 per month if your account is dormant for (I can't remember, 30 days I think). If it hits some other dormancy limit (maybe 1 year?), they charge you $10.
Also, they charge $2.50 to send a check. (I hadn't gotten a check because I stupidly kept the default threshold of $100.)
Okay, so I lost more than a quarter of what I earned by being careless, but I expect I'll get what's left shortly.
Now I notice -- if you earn $500 a year or more -- they want your EIN and will NOT accept your SSN.
I don't earn that much with them obviously, but I do with other things and I might someday with them, who knows? -- but as my friend would say, "ain't no day" I'm gonna apply for an Employer Identification Number just so I can get paid by ClickBank.
It seems strange.
I haven't run across any other affiliate management programs that charge you money if you don't make sales, and nobody else has insisted on an EIN. I give them my SSN and they send me a 1099.
Three reasons for posting this...
1. I'm wondering if other people actually do this, or is ClickBank unique and don't you think it's odd (i.e., does it tick you off like it ticks me off)?
2. Don't be a ninny and forget about money you might have earned here or there.
3. I felt like hearing myself talk.
Luv,
MaaMaw
The World's MOST COMPREHENSIVE eBay Course
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