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After a busy christmas season, I finally got around to setting up my merchant account - only to realize that there is a $350 "setup fee" plus a $100 initial deposit. After that, there will be $25 monthly minimums.
From memory the setup fee was something like 125 or 150 and the initial deposit was 50 - I am pretty sure that there was no monthly minimum (which is why I liked SAS vs CJ).
Thats quite a huge change for them - I am reconsidering....
Sales = $1,250.00
Aff payout = $125.00
Shareasale Payout (20% of aff payout) = $25.00
Now this is a smaller site which only does about $10,000 per month, so we'll need to generate about 12% of our sales through the aff channel to meet the minimum.
I guess what was so attractive about SAS to me before was that we could just set up a program and see how it did - now, with the bigger upfront fee and the minimum, I feel like we are making a commitment and we'll have to allocate resources to recruiting affs etc.
I highly recommend ShareASale. (No I do not work for them - just an affiliate member)
This pretty clearly says the minimum is in fees, not sales. So the calculations were correct.