This is a guest post from Joel Carl. If you’re interested in writing an article for this blog, feel free to use the contact form. You will be linked to appropriately.
Paid advertising can be a great way to make easy monthly income on your blog. Many of the top bloggers make good money through paid advertising.
Here are the options:
1. Text Link Ads
You can join a company such as text-link-ads.com who will manage your paid advertising. Firstly you will need to create a “publisher” account. TLA will then decide the price of the ads on your site based on factors such as traffic, theme and link popularity. You will then go into the marketplace and advertisers can find you. You will be provided with a small piece of script which you will need to place on your site. Very easy to add this to a sidebar “text-widget”
Once an advertiser chooses to place a text-link ad on your site, they will pay the money to TLA management and the link will go automatically into the pre-defined link section on your site(usually in the sidebar). You split the revenue 50/50 with TLA and get paid on the 1st of every month.
2. Private Text Link Ads
This is the same method as above, however you cut out the middle man and keep all the revenue yourself. You will need to set up an “advertise with us” page on your site. On that page you will need to provide advertisers with details of your advertising packages.
- Cost per month
- What you actually get
- Availability
- Benefits
By cutting out the middle man(TLA), you will increase your profits on each advertising space, however you will need to track-down payments, manage the links and keep it all up-to-date. It can certainly be a pain in the butt, especially chasing up advertisers for monthly payments.
I would recommend you do both of the above. Most definitely join a network such as TLA as this will increase your exposure to advertisers. Also add the “advertise with us” page so you can get 100% payment and capture some advertisers who are actually visiting your site.
Another option is to check out related blogs in your niche. See who is advertising on those blogs, contact them and see if they are interested. Look at who is advertising on the best blogs in your niche – these will be the interested folks who have money for advertising.
Here’s what I would do - I would advertise at TLA and use this service for a few months. I would then contact the advertisers privately and see if they would like to pay 75% of what they are paying now through TLA. I’m sure they will agree. That way you make 75% instead of 50% and the advertisers pay 75% instead of 100%. Are you following? Advertisers save money and you make more money. 50% commission from TLA is ridiculous.
3. Banner Ads
You could offer a premium package on your “Advertise with us” page which has a banner advertisement in the sidebar, footer or the end of each post. You can charge more for these banners.
Some blog themes come with custom advertising space in the sidebar. If you have no advertisers, make a small banner “Advertise your company here” and add it to that space.
Most of all, I highly recommend you add an “advertise with us” page. If your blog has plenty of traffic, you should be making some easy bucks with paid advertising.
If you have low traffic to your blog, you will need to build it up before you will be able to attract adertisers. Nonetheless, you should still add your “advertise with us” so its ready to go.
Remember - great content = more visitors = more $$ from advertising. It all comes back to great content. Content is King!!