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I run two SaaS analytics services on my own, https://www.improvely.com and https://www.w3counter.com. Improvely is 4 years old, W3Counter is 12 years old, and together they earn $45-50K/month.

That's awesome. How much do you make out of affiliates? Was it worth the effort to set it up?

I'm thinking about it for my own business, but I'm on the fence.

Please tell me you have a write up of your history/journey somewhere?. You get a +1 from me!

Check his comments history, the story was already told multiple times