Affiliate marketing can be a very profitable business if you know what you’re doing. As with most things in life however, the money doesn’t come easy. One of the most time consuming aspects of affiliate marketing, PPC marketing, and Internet marketing in general is checking your stats. You have to log in to each affiliate and PPC program to see how many clicks you’re getting, how many conversions you have (or don’t have), which banners or text links are converting (and which are not), etc. Even if you create a spreadsheet to aide in tracking, it’s still a massive time...
Here’s the keynote address Gary Vaynerchuk gave to Mediabistro the other day. It’s a fantastic presentation and Q & A that’s worth watching if you have an interest in social media marketing: