It’s a great way to make passive income. Of course, when I say “passive”, this doesn’t account for the time needed to spend building or maintaining your WordPress site. However, in terms of having to promote these affiliate links, you can put in as much or as little work as you want to drive traffic to them. This obviously makes this a great option for a passive income stream if you’re not in the business of e-commerce.
11.2. Responsibility for Binding Agreement. You acknowledge that you have read this Agreement and agree to all its terms and conditions. You understand that we may at any time (directly or indirectly) solicit Customer referrals on terms that may differ from those contained in this Agreement or operate Sites that are similar to or compete with your Site. You have independently evaluated the desirability of participating in the Program and are not relying on any representation, guarantee, or statement other than as set forth in this Agreement.
I have started looking at affiliate networks and finding products to promote that way. Also going to try to utilize a Youtube channel with promotion, as well as some paid advertising. It all works with the right amount of patience. I do have an Amazon Affiliate account that I can link too, but diversifing and learning to branch out is key. Truthfully I do not think the Amazon associate program is all that newbie friendly.
You don’t necessarily need experience to come across as an expert in any field, but it certainly helps when people know you’re connected to that industry in some way. For example, would you rather purchase a marketing book from Neil Patel, a mover and shaker in the industry, or from someone who has had no marketing experience and just created his website yesterday?
To make this type of business a success, you do need to plan it. You can't just pick any niche. If you pick a niche but the people in that niche aren't big on purchasing things, then your business won't succeed. You have to really research the niche you are interested in to make sure the people in your niche are looking and willing to purchase the products you recommend. Also, you need to plan and research the products you recommend. Don't just recommend any product that you find. It needs to be of high quality. If you recommend poor quality products, your readers will stop listening to your recommendations.
Amazon has already made similar adjustments in many overseas markets. In 2015, the company moved its European affiliate program to a category-based structure, and according to the affiliate management firm GeniusLink, the result was more of a subtle chill than a freeze-out. “There’s definitely some pain as a result of it,” says GeniusLink CEO Jesse Lakes, “but we haven’t had a single client who stopped doing business because of the new payout structure.”
Websites consisting mostly of affiliate links have previously held a negative reputation for underdelivering quality content. In 2005 there were active changes made by Google, where certain websites were labeled as "thin affiliates". Such websites were either removed from Google's index or were relocated within the results page (i.e., moved from the top-most results to a lower position). To avoid this categorization, affiliate marketer webmasters must create quality content on their websites that distinguishes their work from the work of spammers or banner farms, which only contain links leading to merchant sites.