We run an Affiliate of the Month and have done for over a year now but I thought this may give some inspiration to people in this forum (and yes of course its a bit of advertising). Interview done by Sandis!
http://www.moreniche.com/aotm.html 
In SomeCash's words...
Hello and congratulations, somecash! How do you feel about winning AOTM?
IT?S UNBELIEVABLE! I couldn?t even believe it when they told me that I was nominated for the AOTM about a week ago! But now that I?m the one, I will do my best to keep MN the #1 Adult Product Affiliate on the Internet! Thanks a lot guys, it?s such an honor for me.
Tell us a little bit about you (where are you from, how old are you and what you do in real life)?
I?m a 25-years-old guy from South East Asia, Indonesia to be exact. I used to have a day job working for the government? until I quit about two weeks ago!!!
Tell us about your previous experiences and success, what methods you use?
Before joining MN, I was promoting another affiliate program. They looked good at first, but after a few month of promoting their feeder sites, I decided to quit because the conversion ratio was not good! It?s kind of funny you know, because they are so proud of their 1:50 conversion ratio, while MN products such as PSP can sell at 1:15.
So I began to promote MN using my own website, while learning about SEO. At first I started a PPC campaign using Google Adwords. For the first 2 months, sales were quite good, later my competitors began to explode and my clickthrough ratio got very bad. So I decided to quit the PPC and focusing on SEO. I got 20-30 clicks daily after quitting PPC, but everything went downhill over the next 3-4 month. I hit rock bottom at 41 visitors a month!!!!
At that moment I felt desperate, because none of the things I had tried was any good and I was out of ideas. But, just when I decided to actually give it up, I had this amazing stroke of luck! One day an email comes from Ben: ?Sales from MoreNiche?!!!! I was so shocked. The website I was about to abandon had made a sale for me. I rushed to check my site statistics, and was surprised to see that in 3 days, I got a significant increase in visitors. Yahoo and MSN showed that my site is rank had reached #3 for my chosen keywords. It was also listed in top 10 on some other PE keywords?
That has been the turning point of my ?career? with MoreNiche. I threw away all my doubts about affiliate marketing. I am now 100% sure that affiliate marketing DOES work, especially with MoreNiche!
How did you find out about the MoreNiche program?
From a forum. I was posting a thread asking about good affiliate programs that pay via bank transfer, and MN is recommended by lots of people. Btw, I choose payment via bank transfer, because in my country, checks could take 1-2 months to be delivered, and then I have to wait for another 3-4 weeks for the Bank to confirm the check, until I receive the money. This is a well known problem for southern countries.
How long you have you promoted MoreNiche?
Almost a year now.
What do you like about the MN program?
Hmm? I could make a long list for this question, but I?ll try to make it short!
1. The Product Sells! MN Product Websites has the best web design compare to competitors. It looks professional and the copywriting is almost perfect. Product Websites is the first important thing for a customer to decide whether they are interested or not. I really think that MN Product Websites converts really well, in terms of appealing for customer.
2. The Affiliate support is perfect! As soon as you have a problem as an affiliate, MN team will response to your email, in the forums, and even instantly via messenger. A long time ago I do once have a little problem about payment, but Ben replies all of my emails promptly, and the problem is all fixed!
3. The Commission! You will find it hard to find other adult products affiliate company with commission up to $175 for a single sale. Not to mention the webmaster bonuses for having 5 sales, and the referral bonus for each time the people you referred make a sale.
I heard you got goodie bag, did you liked it?
Absolutely! I had requested the goodies bag a week before! Can you imagine how quick the MN Team acted on that to fly a package so fast from UK to South East Asia!
You are quite active on the forum, do you find it useful?
Sure! The MN forum is one of the reasons why I joined MN at the first place. Very good Affiliate Support I can find here. The MN Team will provide prompt answers whenever I ask something on the forum. I also find lots of useful information about the products, site promotion, and other issues. Another reason is that I just love to interact with people from all over the world.
How much money have you made a day?
Hmm... Somewhere of about 235$ in single day!
Hey, wanna know a little secret? Ok, here we go: the US dollar is worth so much compared to my country?s currency! So even with just $200-300 in commissions per month, I can already make a decent living here! So try to imagine what life style I do now earning these massive commissions almost daily
Your top 3 tips to affiliates?
1. Be passionate about your work! (I got this tip early on). In affiliate marketing, money does not come easily. You will need a little hard work at the beginning, then more work, and yet more work, until you can achieve the benefits! But trust me, you will get there!
2. If you haven?t notice, yet, my country, Indonesia, is quite well known as one of the top sources for Internet crime, hacking, carding, etc. ClickBank, CJ, LinkShare. So my second tip is: KEEP IT CLEAN! Don?t even think about spamming, black hat SEO, or even worse! It may work in short term, but it will turn against you soon enough!
3. The 3rd tip goes like this: Almost all PPC campaigns are crap. I only trust Google AdWords and Overture. Buying links from high-ranking PR sites should only be done when you want your site to be indexed fast by SE, otherwise, be very careful on spending your money. In a nutshell, THINK TWICE and be VERY CAREFUL before you spend your money on promoting site/products!
What do you think would be next biggest thing about affiliate marketing?
I believe that affiliate marketing will be a very reasonable job for every person in every part of the world. It is already a good job, but I believe it will grow much bigger in the future.
Final thoughts?
Just a few words for newbies in affiliate marketing, especially MN affiliates: If you have decided to go for affiliate marketing, do it 100%. It will take some hard work, but in time, it will pay off, and all you have to do is just sit and wait while search engines do the sales for you.
Good Luck!
SomeCash