Sleazy, in theory yes... but the amount of work often required to keep a larger number of small traffic producers going is almost not worth the effort. The 80/20 rule applied here, 80% of your sales will come from 20% of your people... and conversely 20% of your sales will require 80% of your support staff time to make happen.
Buying from Zango is the ultimate "cut out the affiliate" move, especially if you buy your own keywords. It means you pay Zanog a pretty much fixed fee per click regardless of what you do. If you manage your traffic well, you can always make a profit.
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