Nowadays, it is common for entrepreneurs to earn money by selling their products. But a new business emerging is entrepreneurs earning money by selling ad spaces. This process of making money is becoming very popular. Selling ad space helps in supporting your website. Once your site gets a reasonable amount of traffic, you can earn money by allowing companies to place their ads on your site. You will earn commissions based on the number of people who click the ads. You can also earn by people purchasing the products that are advertised.
Ways to Sell Ad Space
There are two common ways of selling Ad Space
- 1. You can sell ad space on your website by using websites such as E bay and ad server software such as Ad Butler. You can locate clients, fix prices and auction your ad space on these sites.
- 2. You can also sell space using an easier method, pay-per-click, using Google adsense, Adbrite, Buysellads or Commission Junction.
Steps to earning money online by selling ad spaces on your Blog
Step 1: Determine the price you will charge for selling ad space. You have two options for this that is you can either charge a flat fee per month or you can charge a set price per thousand page views. It is also necessary to determine the size of the ad space and location for this purpose.
Step 2: Install ad server software to help you track statistics for the particular ad running on your site. The statistics collected will help the advertiser determine if it is worth continuing to pay for the ad space on your website.
Step 3: Collect 1000-5000 email addresses.
Step 4: Next, prepare an attractive newsletter and create ad spaces in it.
Step 5: Join a site that has a network of buyers and sellers of ad space. Follow the preliminary requirements of the website before joining, such as page rank requirements, traffic, etc.
Step 6: Get ready to invite other entrepreneurs to place their ads in your newsletter. Select a genuine rate and then sell it.
Step 7: Once you promote the ads successfully, you will be able to make a good impression on entrepreneurs. This will encourage them to place more ads in your newsletter as there is no end to the products, services and businesses.
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