Theres a lot of debates about Affiliate links, some people think it affects Googles ranking, others day it doesn't make a difference.
It may just be a case of the sites age. Frequently Google adds a new site to the top of the rankings, and then after a while it falls back to its natural position.
I did try and go to your site, but the link was coming up with a page not found.
To be honest, you've chosen a really difficult area to start with. There are huge numbers of discount voucher sites now, and the market is pretty much dominated by the well established sites that have been around for years. In Googles terms, it's going to be very difficult to get a new site to the top of the rankings, displacing one of the established ones with a decent PR and a large number of backlinks.
It's not impossible though, but it will take a LOT of time and work. What I would do is to carry it on as a long term project, but start up some niche sites as well. These are much easier to rank, as by definition a niche means there isn't much competition. Use these to give yourself an income while you are building up your discount site.
In a lot of cases, time is a healer for sites like yours. I had a site which was a shopping directory in the gifts market. Like you I went into Google high and was really pleased, but then dropped back to nowhere after about a month. I struggled to try and get it ranking as I`d put a huge amount of work into it and didn't want to lose all that. In the end I decided to cut my losses, and essentially abandoned it while I went and made some good money with niche sites. However, last christmas, when the site a year old it made a jump at the rankings, and now ranks well for one of it's key terms. As there was no new content or changes in the previous 6 months, the age of the domain was the main contributing factor. Googles sees a huge number of new sites launched daily, most are spam to try and make a quick buck, and these normally have a fairly short lifespan. As a result, in competitive areas, the age of a site works against you as you need to "prove" yourself to google that you are in it for the long term, and not going to pack up tomorrow.
Don't give up on it, there are other ways of getting traffic such as links from other sites. Just keep building it up and working on it, and eventually you will get rewarded. Do build some other sites though in less competitive areas, and these will bring you an income quicker to see you through.
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