Best Affiliate Marketing Website Shareasale.com
Do you run an e-commerce store? Or maybe you’re looking to build your own online store? Either way, Shareasale’s affiliate marketing program can help you monetize your website and turn it into a full-time source of income. Plus, because their affiliate marketing program isn’t just limited to e-commerce, you can use this program to start building your online business in any niche that interests you. Learn how to start an affiliate marketing business with Shareasale today!
What Is Shareasale
Like other affiliate marketing networks, Shareasale runs on performance-based marketing. You don't get paid for just getting someone's email address or even for getting them to click on an ad. Instead, you earn money when that person actually makes a purchase from one of your referrals. This means it’s a bit more complicated than just cutting and pasting a link into your social media posts. If you want to make money with Shareasale’s affiliate program, you have to build meaningful relationships with potential customers and serve their needs before and after they buy.
1) The basics of affiliate marketing
Here are some things you should know about affiliate marketing before you get started. First of all, it’s simple. You promote a company’s product or service, and if someone buys something, that company pays you a fee for your troubles. You keep a percentage (usually between 40-70%) of every sale as profit and send what’s leftover back to the seller. Sounds easy enough, right? But wait—there are some things you need to consider first.
2) The pros and cons of affiliate marketing
If you’re trying to earn money online, you have a few options. One is affiliate marketing, where you can make a commission by promoting someone else’s products. Many people think affiliate marketing is too time-consuming or complicated, but it doesn’t have to be—if your product or niche market is a good fit for it. First and foremost, look for niches that are relevant and popular; if there are already established groups of affiliates working in those areas, you’ll know right away if it’s worth your time. Next up: customer acquisition cost and customer lifetime value. The LTV must be greater than CAC—otherwise, who cares how much they spend?
3) Finding affiliate partners
Finding affiliate partners is a key part of making money through affiliate marketing. Most affiliate programs have a searchable database of partners, so you can find those who may appeal to your audience. It’s easy enough to get started — register for an account and browse through their selections. When you find one that seems appropriate, reach out via email and pitch your partnership ideas. Keep in mind that many affiliate programs have strict policies on content, so don’t overdo it on affiliates; they don’t need 10 offers from you! (It’s also important not to flood your audience with these links; if they see one or two a month, you’re doing well.)
4) Building the relationship
Once you have a group of people who have given you permission to market to them, the next step is building a relationship with more people to connect and sell more products. Earn trust and respect by offering useful information and honest advice. You’ll be perceived as an expert in your field, allowing you to sell more products. An effective strategy is to connect with influencers or up-and-coming leaders in your niche industry on social media, which helps build traffic and sales faster than cold calling or emailing people one by one can. The whole goal is to earn money online so it makes sense that the first place we should go look for clients is online!
5) Approaching influencers
Before you even think about approaching an influencer, first do your research. There are many ways to start: Research their audience, and see what they share on their social media. Or, read through some of their older posts, and see how they engage with people and what language they use. It’s easier to approach influencers who are already speaking to your audience.
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