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There's nothing wrong with giving away content as long as it's part of your strategy to actually sell something.
That's where a lot of people, both affiliates and affiliate programs go wrong.
Most people focus on quantity over quality. You'll see affiliate programs with 5000 FHGs with auto generated descriptions that don't match the content and gallery designs that are made to pass the submission guidelines of a 1998 TGP instead of actually trying to sell the product right there on the FHG.
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