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Came across this in my news feeds this morning - good, solid advice that will help you weather Panda and other algo changes.
http://searchenginewatch.com/article/2143672/How-Affiliate-Sites-Can-Best-Exploit-SEO
Short version (if you're too lazy to read)
1)Don't pick an overly competitive niche.
2)Ditto for the keywords you target. If there are dozens of companies with huge marketing budgets competing for a keyword it's probably a poor choice for you to attempt.
3)Create good, relevant content to SUPPORT the affiliate programs you're promoting. The more unique and interesting it is, the better.
4)Promote it, but do so the right way. Don't waste your time or money on thousands of poor-quality links.
http://searchenginewatch.com/article/2143672/How-Affiliate-Sites-Can-Best-Exploit-SEO
Short version (if you're too lazy to read)
1)Don't pick an overly competitive niche.
2)Ditto for the keywords you target. If there are dozens of companies with huge marketing budgets competing for a keyword it's probably a poor choice for you to attempt.
3)Create good, relevant content to SUPPORT the affiliate programs you're promoting. The more unique and interesting it is, the better.
4)Promote it, but do so the right way. Don't waste your time or money on thousands of poor-quality links.
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