Petra- your keyword phrase “Beach Decor” can expect to get 374 hits per day for the number 1 spot on Google, but there are 189,000 websites in competition with you (hard to get to #1). But you can get to #1 easier with the keyword phrase “Sea Decorations” and if at #1 you can expect 50 hits/day and only competing with 12,600 other websites. Also “Beach Party Decorations”, #1 Google spot can expect 40 hits/day and competes with 16.200 other websites.
If that’s all you’re aiming for, then you shouldn’t have any problems. As long as you choose a market with enough consumer interest. The poll represents mostly CPA arbitrage affiliates. To earn the big money, paid traffic is your best friend. But yes, $1000/day is a pretty standard target for CPA affs. You have to set your targets high because the business is so volatile.
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
Perhaps, most of the affiliate marketers are not following the exact road maps and are involved in some unproductive manuals. So, for them this business could be non profitable. But they can still make it happen by changing their work pattern as we say better late than never. To learn the right approaches and the exact business model which really works for affiliate marketing as well as for any kind of online business, we suggest you to join Wealthy Affiliate, the most dynamic source to take you to the success path. You can find the detail review of Wealthy Affiliate and link to join it by clicking the link as below:-
Sign up, the process is pretty straight forward. If you live in the US you can apply to the Amazon affiliate program, unless you are a resident of Arkansas, California, Connecticut, Illinois, North Carolina or Rhode Island. Sorry if you are in one of these states, due to tax laws they have been “banned” from the program. If you happen to live in one of these states, don’t worry there are other programs that you can promote Wal-Mart is just one example. Click here to get general affiliate marketing training. 
At the time, I had a ton of people reaching out wanting to hire me (I ranked my self #1 in Google for WordPress SEO Consultant, WordPress SEO Expert, many other good keywords). Unfortunately I struggled with basic things you need to run a service-based business… keeping track of clients, time management, and making sure I was charging clients for my time (and getting them to create content which often seemed impossible).
WordPress powers up most of the blogs and websites that you’ll find online today. It’s one of the biggest and most popular content management systems so you really won’t have a hard time getting people to use this program. This makes it a wonderful choice for an affiliate program. This lets you earn up to $300 per each sale that you make. All you have to do is to sign up with its affiliate program, and start promoting WordPress as the top choice for CMS to budding bloggers and website builders.
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).

All CPA marketers put their eggs in one basket. I’ve seen plenty of the greats go from zero to hero and vice versa several time in their careers. The smart ones learn to build their own business in the process and pimp their products to CPA newbies (where the real money is). So if your only focus is to make the most money you can I would advise you not to spend it all because that business model won’t last.
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