I think affiliate marketing will always be around in some form or another. Pay for performance is too attractive for the industry to go away and affiliates that are flexible and change with the times will always be able to find a way to drive traffic.
Google is fine with affiliates that add value, she just does not like "thin" affiliate sites. Strong affiliates have grown, adapted, found ways to add that value and they will continue to thrive.
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Linda Buquet :: Affiliate Recruiting, Promotion & PR
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