I see alot of people here promoting multiple products. I'm just wondering - how do you cope? I'm personally promoting many products myself. Finding that everyday for me is pretty hectic. Checking sites to see if they're still ranking for terms, building backlinks to some or all sites each day, checking PPC campaigns to see if they're converting, etc etc. If you're promoting more than 5 products, how are you coping? Do you think it's better to just stick to promoting 1-3 products?
Its always a good idea to diversify, "Dont put all your eggs in one basket" in case something happens with the niche or the product, but yes, once you find a really good product that converts, keep tweaking your campaign for maximum results, but dont get rid of the other ones.
You should better manage your time and probably write your own tools. 5 products are not really enough for decent profits.
I´v learned that a very good approach is to concentrate your efforts in one campaign, focus on only a few traffic strategies (around 3), and then when that campaign is optimized and is generating some good income move on to another one and do the same thing - focus on it for a while. Then move to another one and so on. Off course you will have to check on your past campaigns, specially if you are doing PPC, but this shouldt require much efforts. Focusing on one thing at a time is important to do things the right way. Unfortunately I learned this the hard way.
for me ... i need more time! right now my strategy is on building traffic ... so e.g. one of my campaigns had died (doing bum) so have focussed on that for a bit ... when i'm happy with the traffic again i'll move onto my next ... so basically just keep moving around in a big circle
I mainly focus on 4 niches, most of my work goes into this. I spend a small amount of time, half hour every other day, on 2 other niches that make a few sales but don't do that well for me (only still with these because I have sites and domains and they used to do well) and then when something promising comes up I'll invest a lot into it to see if it does well for me. If not I drop it altogether. I don't PPC at all anymore (for about the last 7-8 months) so mostly I'm just writing articles, yahoo answers, blogging, and building backlinks to the niches that perform for me.
I love this "Marketing with Miles" tip on how to set up your home page to keep you organized - http://www.marketingwithmiles.com/my-custom-homepage/
I outsource a lot of the more tedious stuff like building backlinks, getting articles written etc so it frees up more time to be more hands on it other areas of promotion. A daily to do list I find helps a lot also to keep you on track otherwise its easy to get overwhelmed and just procrastinate because you don;t know where to start.
Unless you want to make $1k+ a day, you don't have to promote tons of products. In fact, 3-5 products should be good enough to generate hundreds of dollars everyday....Obviously, it depends on traffic, conversions, and the commission, but you can still do it.
I've never worked with promotions of affiliates before, however I am a successful webmaster including warez websites that gained traffic like CRAZY, hosting websites that grew at an amazing rate, and so on. The key is to DIVERSIFY your traffic sources, TRACK where most people are coming from, and then FOCUS on that area (be it article sites, buying links on random sites, paying people to put a blog post on their blog, flat out adwords, etc. Sorry I couldn't be of direct help, but most of the principles stated above apply for just about any website online.