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Three Successful Business Models of Affiliate Marketing

Introduction
There are mainly three business models for affiliate marketing. One is to create a website to promote one single product. Another is to create a website where you can promote more than one product in the same niche. The latter can also be achieved by building a mailing list. A mailing list a list of people who subscribed to your website. This is also one of the most powerful ways to profit from affiliate marketing. Once you build a list, you can recommend your fans more than one product.
Quality Backlinks and SEO
These models require the same marketing techniques. In other words Search Engine Optimization (SEO). By utilizing SEO, you try to make sure that your website is visible to Google and is attracting a lot of relevant visitors. One of the most effective ways of utilizing SEO is by using quality backlinks on sites that are relevant to your website. Building backlinks and achieving better SEO can sometimes take more time than even building your website. Hence, the process can be daunting especially, if you are a beginner. But once you start attracting a good amount of traffic you will realize it was worth every second. Another way to attract traffic to your website is by using Cost Per Click (CPC) ads. If you are willing to spend money, and save time, in order to attract traffic, then CPC ads is your alternative to SEO.
A Single Affiliate Product Website
The benefit of using a website to promote a single affiliate product is you will be able to devote your resources to sell only one product. You can also create more than one website, each will be devoted to selling one affiliate product. In this model, you have to focus on creating a catchy squeeze page with realistic testimonials for your product.
A Multi-Affiliate Product Website
In this model you will focus mainly on the contents of your website. Note, that you will have to focus on one niche only. There are three profitable niches that you can choose from: Wealth (affiliate marketing, forex, Online Jobs), Lifestyle (vacations, tickets, beauty, etc...) and Health (weight loss, diabetes, etc...). You don't need to look for other niches. These three niches are still very undersaturated, and will remain profitable for a very long time. Note that these three niches are humongous. Therefore, you will only need to focus on a microniche inside these niches, e.g. beauty products, forex robots, cure diabetes, etc... Moreover, you can create a products-review website, in which you will focus on writing reviews for a specific niche.
Building A List
This is how it works. First you create a website focusing on a single niche. Then you entice your visitors to sign up for your newsletter, and in return they will get a freebie. Once they sign up for you, you start engaging with them on a weekly basis. Send them at least one email every week. I recommend splitting your emails: half your emails should be promoting affiliate products and the other half providing high quality value for free. Note, that you should only focus on one niche. You should not start pitching products outside that niche to your mailing list. Or else, there's a high chance you will start losing subscribers.
You can also combine the two models mentioned above and create one or several mailing lists for each niche. Hence, you can start cross selling your affiliate products.
Conclusion
Out of the three business models, mentioned above, I highly recommend the third model. It proved to be the most profitable for lots of webmasters.
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