If you want to make a full time job's worth of money off affiliate marketing, you have to work at it full time.
Affiliate programs can either be a way to put a little extra cash in your pocket or, hopefully, become a full time job. However, it's not like you can put up a bunch of affiliate links and expect to start making a mint. If you want to make a full time job's worth of money off affiliate marketing, you have to work at it full time. The great thing about affiliate marketing is that it works 24/7--but this doesn't mean you should also put in several hours a day of your own time.
The affiliate marketers who have had the most outstanding success are normally those who have more than one site working at once. It's much harder to make a decent amount of money if you have one affiliate site at a time. Experienced affiliate marketers will have a number of different sites running at once, all with different types of affiliate links. What this means is that each affiliate site will need separate SEO: new content in the form of blogs, forums, articles, and other techniques.
A key to a successful affiliate marketing program is to make the affiliate site a useful resource. Just posting a bunch of links is not going to impress many web surfers. They'll leave and likely never come back. The trick to any web business is to keep people on site--this is true for the affiliate partner and it's true for affiliate marketers. An affiliate site shouldn't necessarily scream, "affiliate site." Instead, it can be a trusted resource on a particular topic.
Useful content is the best way to make this possible. Take a site that has a number of links to sports-related businesses (apparel, equipment, tickets, books, etc.). The affiliate marketer can then set up a forum that talks about different sports teams, strategy, and so on--potentially, this forum could bring in sports fans from across the country. Blogging is another great medium for affiliate marketing. On the same site, the blogger could write reviews of new equipment or write in depth trade talk about a variety of sports. These are just a few ideas but they show how affiliate marketing can--and should--be a serious, long-term proposition.
What it comes down to is that affiliate marketing is no different than running the host site. Both are about running a business, even if an affiliate marketer has no direct product or service to sell. An affiliate marketer should set up a site that is useful and informative--a destination that people will come back to again and again. In some cases, an affiliate site might even be more informative than the partner's website.
Only until these issues are covered can an affiliate marketer hope to make a good amount of money with affiliate marketing. Sure, you could put up links and hope for the best, but you should think about investing some time into the site if you really hope to turn a respectable profit.
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