Yup no commission! Some affiliate networks out there require you to pay the commission if there is a refund but not clickbank.
It sucks but what do you do! You just have to find products that have a low refund rate...like less than 5%
That's why it is important to test the product and make smart decisions whether to sell it or not. Not all of the products are worth of the time and money spent. So, choose wisely.
lol at thinking you get to keep the money. mmmk I'm just going to go cause mass fraud now and refund everything and hope clickbank still pays me... There's tons of products that are refund proof, there's more than just 'guides' on clickbank, and there's many ways to stop/minimize refunds... No not everyone can just get shit free, otherwise clickbank and all the vendors wouldn't make a dime (which is far from the case). Even with perfect perfect perfect products, you'll NEVER EVER have a 100% customer satisfaction rate. Also you can't just assume people refund for the sake of refunding (perhaps in the mmo niche). People refund because more often than not there is a major reason to - you know - all the fucking hype and bullshit that every other vendor splashes their pages with. Once the customer actually gets just their 'guide' as you put it, yeah chances are they'll feel ripped off that they bought a $47 .pdf.
Its quite usual. Refund is too much with clickbank at least. During the last 4 weeks the refund rate for me is 28%.