Rebecca, it’s really up to you. The problem with NOT waiting is that some programs can kick you out if you aren’t making sales, so double-check the company you are an affiliate for. It’s probably better to focus your time on what is going to give you the best ROI. Newer bloggers try to do allthethings which sometimes backfires because you spread yourself too thin. Basically, there is not cut and dry answer regarding whether you should wait. It’s going to be dependent on individual factors related to YOUR blog. Good luck!!
Many affiliate programs will often run promotions with good discounts or giveaways that might be attractive to your audience. For example, if you're an Amazon Associate and the site have a big Holiday Sale, it would be the perfect opportunity for you to promote discounts to your website visitors. This is a great way to promote your offers while also providing good value to your audience.
Once your hosting is set up, you need to install a content management system (CMS) for your site. We recommend WordPress because it is easy to use and a beginner (like you!) can quite quickly figure out how it works. Most good hosting providers will have a one-click install option for WordPress, which means it will only take you a couple of minutes and you will have WordPress installed on your site.
2. Of course, nearly all my readers are using WP so I’m biased. But even so, most successful affiliates use WordPress. There are less restrictions in terms of hosting (site speed), design customizations, plugins, cloaking affiliate links, lots of things. I would setup a free wordpress.com site just so you can play with the dashboard and see how you like it. Who knows, you might find a theme you really like (eg. StudioPress) and want to make the transition. I would at least test it out…it’s better to make the transition earlier than later.
I have had two Amazon stores (on two separate sites) since early 2008 and to date I have not made enough for a payout – I’m about half way there. The referral fee is so low, it drives me crazy. I get a lot of traffic and my sites have the potential for high-end items, but the items offered through Amazon in my niche are lower end and therefore lower priced. I utilize a few widgets on other websites, but again the same issue. Amazon is my least favorite affiliate program due to their low referral fees, but still worth it. After all, any earning in excess of my expenses is worth it.
To break down the question “Is affiliate marketing worth the effort?” take a look at the efforts I’ve laid out, and determine for yourself. In order to be successful in affiliate marketing you’ll need to choose a product category to focus on, learn about your audience, build a website or blog audiences can trust, create LOTS of content, and promote your content and your product, and with the right trial and error, you could be well on your way to receiving those commission checks from happy brands earned by referring happy customers. In terms of regular maintenance you will need to keep up with the latest online marketing trends, promote your content regularly, and continue learning about how your product category of choice is developing in today’s modern age in order to remain a trusted resource on your chosen topic.
Always disclose your affiliate relationship. Most visitors will probably understand that graphic ad will lead to your getting paid, but if you write a review or use an in-text link as a recommendation, you want your readers to know that may lead to compensation as well. This ensures you retain transparency and trust with your readers, but also, it's required by the FTC's endorsement rules.