Okay. To give you some inspiration, let’s take a look at 3 fantastic affiliate marketing website examples. These have been chosen to inspire and inform, showcasing affiliate marketing for beginners in some real-life examples.
You've probably heard people promote affiliate marketing by saying something like "earn money while you sleep." While that's a distinct possibility, we wouldn't be doing our job if we let you believe that affiliate marketing doesn't take work. Affiliate marketing is absolutely one of the best ways to generate passive (or nearly passive) income online, but it's not going to happen if you don't go about it the right way. Fortunately, this affiliate marketing guide includes everything you need to leverage affiliate marketing so you can start waking up to a bigger bank account morning after morning.

If you're updating anchor text internally to make it more easily understandable by users then usually that also helps search engines to better understand the context of those pages. So I would definitely go for that.
Affiliate programs are similar to ad campaigns because they require constant monitoring and optimizing. You need to keep a close eye on the performance of your affiliates and the profitability of your program to make adjustments that have a positive impact.