Yes is the short answer. Any time you are planing on generating money, you should have a plan. No plan means no real focus. There may be some 1/1000 percent of a chance you will succeed, but I haven't met them yet. If you have already started and have generated an income, record how. Doing so will give you material for use in expanding your business faster.
The best way to think about affiliate marketing is quality over quantity. There are a lot of small websites that will promote your product, but the key is finding a small number of partners that will deliver conversions. For example, an equity management services firm has over 20,000 affiliates in its system, but only about 25 affiliates generate 85 percent of revenue.

Hi Oli, I think with Amazon you just have to pick products that have quite a high price from the start. Me with my beach decor site, most home decor items are fairly cheap to buy, so the commission is not that great. You either have to sell heaps of cheaper products (which is very hard) or some expensive products (which I am not sure will be easy, either).
Affiliate marketing is most profitable if you generate your own emailing list using an autoresponder. This involves some initial expenditure, but the rewards of creating a list can make the work well worthwhile. By communicating with your list and providing useful information on your niche you can gain their trust. List members will then be more likely to listen when you recommend certain products to them.
Most new affiliate marketers have no problem creating content…. at first. But 6 months in? Hardly anyone makes it that far. The reason is because most people simply don’t like to write as much as they think they do. Once writing becomes a job instead of a hobby, motivation to keep going can easily waver. As an affiliate marketer, you’ll essentially become a full time content creator, and most of that will be in the written form. Can you handle writing 1,000 word articles every single day?
In the past, every affiliate marketing program was a good one. Today, there are a lot of scams and schemes being touted as affiliate marketing. Many times you can make money with these risky programs, but they make it hard by taking large percentages, paying small commissions, and asking for an investment upfront. Ironically, the best affiliate programs that are most likely to make you wealthy are the programs that don’t claim to be able to make you rich.
I’ve slowly, but steadily, been building small niche websites that focus on products from Amazon and take advantage of Amazon aStore. Melissa and Doug Puppets is one such site, along with Popular Video Games and Small Bathroom Vanities. For this year alone, I’ve already made over $200 in affiliate commissions and adsense earnings at Small Bathroom Vanities – not bad for the cost of a domain name and hosting. And the cost of hosting becomes less of a cost burden with all of the additional sites you build!
I had a chance of looking at how much some CPA marketers are earning. My jaws hit the floor. How can anyone make 32k in a day? It is not some Photoshop screenshot but the CPA company interface allows earning shouts which is drawn live from the system and displayed on a live chat. That’s where I saw those big figures. Remember I said 32k in a day not in a month. Now that is insane. This gives you some idea how: http://x.co/9RnqK
Mangools is an affiliate program that gives affiliates access to a wide array of SEO tools to promote. One of these is the KWFinder, which is used by thousands of online marketers and SEO specialists for doing effective keyword research. It gives affiliates up to 30 percent recurring commissions. That is up to $300 commission for each sale made. The cookie life lasts up to 30 days. Payment threshold is $150 and payments are sent via PayPal.
Thanks a million, if you have time, let me know if my 3 step plan is the right way for me to go about this. Or if I am missing anything. It just seems too easy like that….You could make 100 videos promoting 100 products. Would this not work to make a good living? It would not take long at all to do 100 videos and as long as you did all the editing before you upload it, going back to edit it would not be nessecary.
In addition would like to share that since 2010 doing affiliate marketing with ClickBank, JVZoo, Warrior Plus and some other networks and have very good experience in the field of Affiliate Marketing. I wrote a post on my blog which topic is “Where To Find The Best Affiliate Programs” which will really help to all readers to more clear this amazing online source of income.
Thanks for writing this post because while the above users seem to have experience with the Amazon Affiliate Program, this guy has NONE! I didn’t know that’s what affiliate programs were, and if I HAD known in the past, I might have some extra income from it right now. Now that I’ve been learning about SEO and keywords, I might be interested in setting up something like this. I’ve always wanted to have my own “online business”, and after trying things like eBay stores, Amazon Affiliate Programs seem like the way to go for me! I will have to read the info on it, and also some of the above blogs. Thank you for opening my eyes O.O

The easiest and most common way to start building an audience for a website is via social media. Depending on your niche and industry, you can choose from Facebook, Twitter, Instagram, Pinterest and several other niche and location-specific networks. Building up an engaged and interested following on social media is a great opportunity to build relationships and once you have their trust, promote your products and services to them. 
For example, the content on Super Weddings is useful whether you're organizing a wedding today or next year. All the content on the site is created accordingly. To make things easier for the audience, it is separated into categories to make it very convenient for the reader to find what they're looking for. This, of course, is also very good for SEO. 
Many affiliate marketers use paid advertising to generate additional traffic to their site and drive more sales. Paid advertising on social media is often a good place to start, as these networks tend to be more affordable.You may also want to consider taking out inexpensive banner ads on small niche sites. Depending on your niche, Google AdWords could also be a good option to drive some paid traffic to your site.

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But the biggest factor that determines how much money you will make, is joining a training program that will help you success. It is very hard to expect success right away if you are a beginner and all alone. The best program that offers you the information, help, tools and support to succeed is Wealthy Affiliates. Some Wealthy Affiliate members are already making over $8000 a month after only 6 months of being a member.
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