Are you wanting to learn about the Stackcommerce business
system? If you’re trying to teach online or you are a publisher and trying to
make more money, learning about the Stackcommerce business system may be
helpful for you.
I’m grateful, I’ve earned over $150k on Stackcommerce. It is the place where I’ve put in the least effort and earned the most money compared to any other platform. Let’s take a look at how Stackcommerce works today.
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Let’s take a look at StackCommerce and help you understand their business system. I’ll give you some key points here.
Stackcommerce is good for 3 types of businesses.
- Those that create content especially digital courses.
- Those that are products that can be sold on Stackcommerce which are often digital.
- It is also great for publishers especially those with large websites struggling with Ad Blockers, Ad Revenue and trying to have a different way to earn.
Stackcommerce connects publishers like CNN, Entrepreneur with those that have something to sell like me with my 150 online courses. How this happens is in a StackCommerce store and several StackCommerce websites, for example, Stack Skills is a teachable platform. Teachable is a hosting provider for Stack Skills. What I do is, I upload my courses into the Teachable account for StackCommerce. Then they have them available at Stack Skills. Initially this is where I thought, “Oh the sales were being made”. I was very confused about seeing this store and thinking how are they selling so much in this store?
Stackcommerce also has another website called Skill Wise, where they sell course bundles and as you can see in the image above, it’s a different design than Stack Skills.
However, the main way StackCommerce seems to make a sale is what you see in the image above. This is Entrepreneur Store and all of this is a copy/paste format of a StackCommerce CNN Store.
Now, Entrepreneur Store and CNN Store look very similar, don’t they?
Yes, these look very similar because these are both StackCommerce stores and what happens when you buy something out of the CNN Store or buy something out of the Entrepreneur store, CNN gets to keep 80% of the sale and me as a course uploader get 20%. That’s the net revenue after the payment fees, any refunds and StackCommerce agency fees, then you get a split like that. This means it’s a very good arrangement for the publisher, for example, if you use a different affiliate program where you get 20% commission and you sell something for $10, you’re sending them to another website that’s not under your control and you’re only earning $2 whereas, on CNN, they sell “The Complete Digital Marketing Super Bundle” and they are liable to make the majority of that $37 back.
Therefore, if you got a course you want to sell, StackCommerce is nice because it doesn’t require you to do hardly anything except uploading a course. Since stores like CNN & Entrepreneur are fully managed by StackCommerce, you don’t need to do anything at all to promote whatever it is that you’re selling because it’s completely up to the publisher to do that.
StackCommerce provides publishers with articles and the idea is to use the articles to promote your product. If you want to check out how I was promoted on Entrepreneur, using exactly what I’m talking about through StackCommerce, here’s a full video with that fully explains How To Get Entrepreneur.com to Feature You for Free WITHOUT a Public Relations Firm.
The basic system is that StackCommerce helps publishers to directly sell things in their stores using a StackCommerce store. It says, ‘Native Content Meets Branded Commerce’. It says that there are 750+ publishers currently working, 95x more engagement than with display ads and 5x pay per click to Amazon affiliate links.
Now, I tested at store.jerrybanfield.com, not too much of a full-on test, I just sent a little bit of traffic from my Website and Youtube. I did not even make 1 sale in the store. However, about a thousand visits a day to my website is not much as compared to something like Entrepreneur. The key is to make the sales and publishers write articles about whatever it is and then readers discover these articles. It looks like as it is directly on the website but it’s not.
This is how it works,
- StackCommerce is responsible for generating offers.
- StackCommerce has a big inventory for publishers to sell.
- Readers complete their transactions directly on publisher websites.
- StackCommerce handles the fulfillment which makes it ideal for the publisher.
- The customer has a chance to keep coming back.
You can apply on either side as shown in the image above. It’s $99 a month to set up your publisher store. I don’t know if Entrepreneur or CNN have paid the same thing but if they do, that is an incredible deal. You have a lot of earning potential if you have a huge audience.
If you’ve courses and you want to sell online,
- Click on ‘Sell with us’.
- Complete the Vendor Application
- Put your online course and website.
That’s how you have a good shot at getting approved.
StackCommerce sells through bundles. As you might have seen on the CNN Store, you’ll see the best selling ‘Pay What You Want Programming Bundle’, ‘Microsoft Powershell Certification Bundle’, and a lot of them are sold in course bundles which is good because all you need to do is, get your course into one of those bundles and then everything else is done for you.
Thank you very much for learning, “How the StackCommerce business system works” here with me Jerry Banfield. I trust, if you also want to see my videos, you’ll hit the subscribe button on my Youtube channel by clicking here. You can also follow on my Facebook, make sure to hit see first or turn the notifications on.
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Love,
Jerry Banfield
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