I Lot $1,000 a Year When a Merchant Closed Their Affiliate Program
Every summer I used to make $300 to $400 each month from as small clothing manufacturer who produced a particular type of mens shirt. I had a three-page website site for 8 years and never had to change a thing. I loved that little site. $900 to $1,200 a year with no effort. It was truly passive income.
Then I got an email two-years ago in June that the merchant was closing their affiliate program with no notice. No other company produced this shirt. However, when I looked on eBay there were plenty of these shirts kicking around. The merchant also advertised using Adsense and paid well per click. So I adapted the site to sell eBay products and put Adsense on the site. (I almost never combine Adsense and affiliate marketing links.)
That summer I sold plenty of shirts from eBay sellers and did well from Adsense. My income stayed the same. However, by this summer there were very few of these shirts left for eBay sellers to sell. The merchant stopped their Adsense campaign. My revenues fell to $26 for the three month. I just deleted this website.
Merchants often close their programs or boot an affiliate for no reason. It is their right to do this. That's one of the reasons it takes so many websites to make consistent living in affiliate marketing.