As I stated before, just because my Paypal fiasco is over doesn’t mean I’m sitting back in chill mode.

I took a quick 10 minutes to sign up for Google Checkout. Why Google Checkout?

Each transaction will cost you 2% + $.20, which is very competitive.

BUT if you’re an AdWords advertiser, some or even all of those fee’s are completely covered.

For every $1 you spend on AdWords, you can process $10 in sales the following month. So if you spend $100 a month on Adwords, you can use Google Checkout to process up to $10,000 on the next months orders. Hot diggity on that one!

And if you go over that amount, you’ll pay the standard 2% + $.20 per transaction.

Payouts are automatically initiated into your checking account two days after the charge goes through. Though it may take another few days for the money to actually appear in your checking account.

Keep in mind though, Google Checkout isn’t e-book sales friendly all by itself. You’ll need a go-between to help process the order properly.

And for that I chose E-junkie. E-junkie is a similar outfit to Paydotcom – (which I’ve been using since 2006). It basically manages the orders and your affiliate program.

But I like E-junkie better than Paydotcom for several reasons:

  • E-junkie sends out an after-order e-mail to your customers. You can customize this e-mail to say whatever you want. Paydotcom doesn’t do this.
  • E-junkie creates dynamic download links. So each customer get’s their own download link that expires after a certain period of time. Paydotcom doesn’t do that either.
  • E-junkie integrates with Paypal, 2Checkout, Google Checkout, Clickbank and Authorize.net. Paydotcom only works with Paypal.
  • E-junkie costs a flat rate of $5 a month. (That $5 covers up to 10 products and 50MB to house your e-book files.) Paydotcom charges $1 for products costing up to $10… $2 for products costing up to $20… and $3 for anything over $20. That’s “per transaction,” not a flat rate.
  • Both services provide affiliate management. Both have marketplaces where your product can be listed.

So you figure if you get 100 sales a month at $27 each, you’ll be paying Paydotcom $300 in transaction fee’s. Versus a flat $5 a month at E-junkie… it’s a no-brainer.

I’m currently using the Google Checkout/E-junkie combo for Business Goal Bootcamp.

So I’ll let you know if I’m having any problems. But so far I think this is an extremely exciting Paypal alternative.

Filed under: Bullet Point

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