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It really is not a knock against any affiliates, or I do not think so. It just is an alternate yet viable business model that works better for some than other models may.
I could list many more reasons why I am pro invite only programs and why I have ran my personal sites that way as well for the most part. It just is like asking what would the benefits be of running a business almost any other way be.
I guess the real question would be for a niche or micro niche site owner who really knows their niche well to the point of being able to make a living themselves off of just their own traffic and sites. What would affiliates really bring to the table and would it be better to have ten good ones or two thousand mediocre ones be?
Even if those two thousand affiliates forty sales a day while just having ten invited affiliates brought in twenty sales a day. I still would go with the ten, myself. May not make full sense looking at it but it makes complete sense to me business wise.
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