Please review this method of selling affiliate stuff

Hey, dear friends. This is Max here. I'm about to test a curious method of selling affiliate products and services and building a mailing list of high quality leads at the same time. It's based on what I've learned and something I figured out on my own. I haven't seen a lot of people doing the same though.

Here is what it looks like.

1) You create a professional ad for your affiliate product or service to advertise with Google Adwords (or whatever your advertising option is).

2) You link this ad to a unique squeeze page you've prepared. On this page you list all main problems the product or service you're promoting is about to solve. At the end of it you offer people to enter an email to access a free video that gives them a perfect solution to all of these problems. If they are serious about finding this solution they gonna definitely type in their addresses to go further.

This page builds your list and you know what these people (your leads) are looking for/interested in. You segment your list to separate a specific group of subscribers who target specific needs and keywords. You're getting extremely targeted prospects no matter if they buy on the final step or not.

Of course, you're not going to overwhelm them with information on this stage. For maximum impact you'd better keep your message very short and to the point. Highlight your strong call to action below and show off your well designed subscription form that causes itch to fill in the name and email.

3) Once they enter an email they're taken to your product review page. You gonna set it as a ''thank you page''. Make sure they're redirected here after they hit ''let me in'' button on the squeeze page.

Your product review page is just a page with a single video and a link below it that finally takes your visitor to your merchant's sales page.

Video reviews seem to be better because of sound and visual impact unlike simple text. You can demonstrate your product in action and represent yourself as a real human person behind your recommendation. This is powerful. You pre-sell the best way in this case.

When people pass these 4 steps ( click the ad > enter an email> watch your video review> reach your vendors sales page) you FILTER traffic and end up with super qualified leads sent to your vendor. These are most targeted potential customers to convert into buyers. Filtering traffic is important as most folks are not immediate buyers who grab a thing at first impression on your vendor's sales page. So it's out of the question to link your ad directly to it. You need those steps of filtering.

What happens to the visitors who haven't moved on past your video review?
They've entered their emails so they're on your list. You will market other relevant products to them later. You now know their needs/interests/problems. Why haven't they bought that product? May be the price is too high, may be features are not satisfactory, may be they don't trust that vendor, who knows. But relevant products might meet their needs and earn you money. Plus, you gonna build better relations with them as long as they're on your list so that they trust you and your reviews.

Guys, I want your expert opinion on this system. Would you help me, please?

Here's a list of questions to be desirably answered:

1) What are flaws and disadvantages you see in this method?
2) Have you seen people using it? Do you use it yourself? What's your experience?
3) What improvements would you suggest to make it perform better?

Thanks in advance.
Best Regards,
Max