Good to get motivation before starting my first ever affiliate site on Parenting niche on which I believe I will add value with the help of my team. All these websites have a good team behind may be at start the single person handle the project but when your project start growing try to build the team of right people who also have the same interest to go in a long run.
Affiliate marketing should be viewed as a long term business, so give careful thought to your affiliate marketing niche before you start developing a website and building a mailing list. The subject should be something you enjoy and have some interest in, or running the business could become a chore. Remember that the goal is to make money, so avoid any ‘vanity projects’ where there are little or no profits to be made.
You can choose multiple products to promote. There's no hard number -- but when you only have a little bit of traffic, you're best focusing on 1-3 products. As your traffic grows and you get more customers and more email subscribers, you can diversify more. It really depends on how your offers are received. So when you add new products, keep checking your analytics.
You can put up banners on your site, to promote your affiliate offers. Most affiliate programs will usually provide their own creatives when you sign up for their offers. All you have to do is insert the banner on a highly trafficked page (your affiliate tracking is usually embedded within the code). Banner ads in the right locations can do a great job of driving sales.  
The products and services you will be promoting to your audience must be relevant and good quality. Make sure you believe in them and know everything about them, because this will be crucial to you delivering the sales pitch to your audience. You need to build trust with your audience so make sure the products and services you choose to promote are trustworthy enough. 
Tom's Hardware pretty much started off as a forum.  They have expanded and re-designed and the website is now one of the most popular and heavily visited site in the PC niche.  The site is where hardcore PC enthusiasts go to discuss all different matters of PC parts.  Popular topics include CPU units, Memory, Motherboards, Overclocking, Systems, Operating Systems and New Build computers.  While the old format of strictly forum posts did well as a display ad revenue method (I remember when the site was mostly a forum as I used it for a PC build I did) – the amount of authority the site has lent itself very well to becoming a fully fledged content based site.
I have highlighted with red boxes how they are monetizing the site.  First I will point out how professional the site looks – it has a custom logo and a very clean look and feel to the site.  This helps build trust right away.  Secondly, I like how they have the salary data that searchers are looking for right away on top.  Then they have the adsense ads immediately following (still above the fold).
The nice thing about those popular niches is that even though there's a lot of competition, there's also a lot of interested consumers! That's better than a smaller market where there are also a lot of sellers competing, but fewer potential customers. If you can find a way to differentiate yourself or offer a unique perspective on a particular niche, you should be fine!
Consider a social media marketing strategy in conjunction with your website. If you have the resources, utilize a search engine optimization tool to help your site come up in search engines when users are searching for that particular product. You don’t necessarily need to have an entire content marketing plan, but you also shouldn’t “wing” your way through an affiliate marketing strategy. Like we said, successful affiliates continue to partner with companies, and continued partnerships mean a steady income!
generic keywords tend to have high search volumes, but they also tend to have high competition or low buyer intent. They're good to target as part of your overall strategy (just don't try to compete on PPC campaigns). Long-tail keywords, like "Fat loss for mothers" are generally more specific, have higher buyer intent and could be effective drivers of traffic to your site. =) They should be the primary focus for your SEO and marketing.
A niche can be something broad, but most affiliate marketers will drill down into sub-categories. For example, I may want to have a website about cars, but that is way too broad. So, maybe I’ll focus on just Ford vehicles. Even then, the niche could be too broad, so I might dig down deeper and have a site that solely focuses on the Ford Mustang. I might even decide to take it one step further and focus on classic For Mustangs. Heck, I might even focus on a specific year, such as the 1969 Ford Mustang, and I would be THE expert for that very specific niche.
Previously known as Affiliate Window but now officially referred to as “AWIN” after acquiring Zanox a few years ago, this network claims to work with over 13,000 active advertisers and 100,000 publishers (affiliates). Founded in Germany, AWIN’s merchants primarily hail from Europe (especially Great Britain) although the U.S. network is growing rapidly. AWIN is currently active in 11 countries. 

For example, if I talk about how cool a product is, and then you find out that I’m an affiliate for them, wouldn’t you as a conscientious observer become skeptical as to whether my information is biased, if perhaps I’m only saying how cool something is because I can get paid for it? Wouldn’t that make you question my integrity with other things I say as well?
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