MusicMoguls
Level X3
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1) Affiliate Marketing
You can start your affiliate marketing career by finding products that you like and want to recommend on your blog to your friends and the subscribers on email list.
Your typical commission will vary depending upon your chosen product. Some companies such as Amazon pay just a few percent of the total sale, while others like Clickbank can pay up to 75% and provide a full array of marketing tools, email news material and banners to make your job as marketer even easier.
2) Pay Per Click Advertising (Google Adsense)
If you have sufficient quality content on your site, you should consider signing up for Adsense to display their ads.
After signing up and being approved for Google Adsense you will receive a unique code that is integrated into Google Adsense banners. These banners can be placed on any part of your site that contains quality content.
Your share of clicks may be small or generous, depending upon the niche being targeted by the ads. from $0.50 to $5 per click.
3) Sell Ad Space
Adsense is not the only way to monetize your site and not always the highest paying either.
You can also sell ad space to other bloggers and companies in your niche.
The amount you are paid is usually per one thousand impressions (or CPM).
4) Sell Your Own Digital Product (Ebook for Example)
If you have niche expertise, you can easily make a good living by writing this knowledge into an ebook and selling to your website visitors. You can sell through your own site or blog or even Amazon or other ebook related sites.
5) Take Donations
Installing a 'buy me a coffee/beer' button on your blog side bar is a great way to ask for donations to your site. If your site visitors love you enough, they may be willing to donate to help you along on your journey.
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For monthly ads you'll need to think of your pricing in terms of how many impressions it will get. Do a CPM estimate kind of. If you're getting 100,000 impressions you can charge $100 but you may not sell all your ad space. You'll need to test the ad spaces and pricing to figure out what works best for your niche
Think of how you would want your own ads to show up on a website and that's what you should do for your advertisers. Above the fold is always a great spot to have an ad because even if someone is going to bounce off the page, there's a chance they're bouncing to your website because they don't have to search for your ad. You can do a header banner or a side bar banner and those sell pretty well. I always look for the bigger 728x90 banners for the header and the 300x250, 250x300 or 250x250 banners if I'm buying a side bar banner spot. I sometimes buy a 125x125 banner ad on the side bar if there is only a couple that show and my ad doesn't rotate with 20 others. I'll think of where I want my ads because that's where they will be seen the most and have the best click through rates. So if you do the same thing you will be able to increase the amount of subscribers you have every month. You may not sell all your ad spots in one month, but if you show a good CTR then people will stay signed up for months. I know I've personally been signed up with one person through BSA for the last 2 years lol :D
As for pricing, you'll need to study your niche. If your competitor is selling a CPM ad at $3.00 per measure, you can do $2.00 per measure and sell more :D For monthly ads you'll need to think of your pricing in terms of how many impressions it will get. Do a CPM estimate kind of. If you're getting 100,000 impressions you can charge $100 but you may not sell all your ad space. You'll need to test the ad spaces and pricing to figure out what works best for your niche :)
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TommyCarey
I will have adsense up and running but have the option with a link that says "Want to advertise here?" and when the person clicks through it's a direct link to my advertising email. This way I don't lose any sales
I also like using BuySellAds because it automates almost everything that has to do with my ads. I can just put a strip of code on my website and I'll get an email whenever I get an interested buyer who is already willing to pay. I just have to confirm their banner ad and it goes live on my website
The only thing I'm not a huge fan of with BuySellAds is that you can get a lot of tire kickers and that's annoying. I'll get people contacting me to see if they can get a reduced price because they claim they will be a long time advertiser. Well, if they're going to be a long time advertiser then they can afford the full price of my ad, right? lol
The ease of using BSA is pretty nice though, I don't really have to go out and look for advertisers because there are a lot browsing the BSA ad spots that are up and running. Now BSA does get a cut for bringing you the client and automating a lot of it, but that's not a big deal
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