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Friday, April 13, 2007

ADBRITE, MAKING MONEY

ADBRITE, MAKING MONEY, I’ve mentioned AdBrite and Text-Link-Ads as options to make money from your website or to buy advertising to bring in traffic and raise your PageRank. A third option targeted specifically at the blogosphere is BlogAds.
BlogAds operates much like the other two services except they target only blogs and not general websites. This is a nice niche and as you can imagine makes for a powerful advertising method. Blogs in general have more sway with their audience because of the personal, human-to-human relationship bloggers enjoy with their readership. Generally if a blogger recommends a product or service, his or her audience will take the recommendation as word-of-mouth rather than perceive it as advertising, especially if the blogger has a reputation for honesty, integrity and experience in his or her chosen field. Placing an ad on a blog won’t quite have the same effect but it may enjoy more credibility than placing the same ad on a commercial website.

From the bloggers point of view BlogAds offers another method to monetise their audience. BlogAds won’t take just any blogs on board, there is a screening process and they will take a 30% cut of each advertising sale. BlogAds state that the average blogger makes $50 per month and the lucky few make as much as $5000 per month. The system offers a simple submission form hosted by BlogAds so you don’t have to do much once you are approved to join the network. You copy the “Your Ad Here” code onto your blog and any interested advertiser can click through and purchase an add. Delivery and payment are automatic and you can manually approve all advertiser applications. BlogAds also allows you to write your own sales copy that is displayed to potential advertisers which is a nice touch, allowing you to personalise the selling process and carefully pitch what your blog is about. If you are interested in trying this method on your blog you can
view the submission details.

While not appearing nearly as professionally branded as AdBrite or Text-Link-Ads, BlogAds does have it’s appeal. It looks like a simple blog itself and feels more like a human being is running the show rather than a corporate entity, a no doubt important selling point to attract bloggers that value community over commercialism. BlogAds stresses the community nature of it’s network to potential advertisers and warns them that a standard advertisement like you would run on a site like MSNBC.com may not perform as well on blogs. Blog advertising rewards creative and savvy advertisers that can connect and empathise with the community they are trying to reach.
No doubt as more and more blogs are added to the BlogAds network it will become very appealing to advertisers to leverage this advertising method. I expect many bloggers will look to systems like this to form the bulk of their revenue strategy and hopefully over time it will reward popular blogs with enough funding that they can rely on it for a living. For the time being it offers small-time bloggers perhaps enough money to supplement hosting costs, but you certainly should not be thinking about quitting that day job just yet!

ADBRITE TIPS

ADBRITE TIPS, I’ve recently become impressed with the potential for making money from a website by selling text link ads. During May I generated over $250 USD from selling text links on my blogs just from the brokerage service provided by Text-Link-Ads.com. It’s not a huge amount of money but it’s cash I didn’t have before. If you are aiming to become a full time blogger then any extra sources of income helps, so you may want to try selling text links yourself.
John Webster from AdBrite Guide contacted me about his new website aimed at helping publishers and advertisers maximize their return from another text link broker, AdBrite.com. AdBrite offers a similar service to Text-Link-Ads.com, brokering deals between website publishers and advertisers. As a blog publisher this means you can leave the selling of your advertising inventory to companies like AdBrite while you just work on making the best blog you can. All you have to do is add your site to their system, place some code on your site, then watch the money roll in (theoritically at least!). Of course factors such as how much traffic you have, what industry your site is in, your site’s PageRank (What is PageRank?) and where you place the add code will determine how much you make, but as I said, anything is better than nothing, so it’s worth a try.

John kindly offered a list of tips for me to publish to help you get the most out of
AdBrite as a publisher and an advertiser. I’m posting the tips for AdBrite publishers (those wanting to make money from text links) here. The AdBrite advertiser tips (those wanting to generate traffic from buying links) are posted on my other blog, Small Business Branding.

Tips To Maximize Your AdBrite Income
ADBRITE TIPS, Never start your pricing too high. It is better to error on the low side and get advertisers hooked, because then they will be willing to pay higher prices for your inventory when the pricing increases. Make sure your placement is worth buying, the popular sellers in the marketplace tend to be sites with the most premium inventory. Spend some time tagging your site and giving proper demographic information. In your site description provide ideas of advertisers that you think might convert well. You know your audience best. AdBrite is more successful if you sell a FEW premium placements as opposed to just MANY backfill placements.

Hard code all placements because of the concreteness of “your ad here”. Putting AdBrite in rotation doesn’t perform as well. Allow a ramping period. AdBrite is a tool to help sell your own inventory, and think of it as a virtual salesperson for you. Any salesperson needs some time to gain traction. Just like an auction, the beginning price is never the final price. Entice advertisers with specials. You have full control to set pricing so make occasional specials to entice advertisers. Enable AdBrite’s auto pricing which will raise automatically as inventory sells, and lower itself as vacant inventory sits unsold. You can find more
AdBrite publishers tips and AdBrite advertisers tips at AdBriteGuide.com

ADBRITE


AdBrite
AdBrite,
Inc. is an online advertising firm based in
San Francisco, California. It was founded by Philip J. Kaplan and Gidon Wise. Kaplan is also the founder of the website Fucked Company.
AdBrite serves ads on more than 40,000 websites and is the 10th largest ad network on the Internet, according to
Media Metrix. AdBrite was founded in 2004 and is backed by Sequoia Capital, having raised $12 million in two rounds of funding.


About Us
AdBrite powers the world's most trusted and transparent marketplace for digital advertising. AdBrite served ads on 988,698,347 pageviews, from 43,789 sites. These numbers reflect yesterday's activity. They may fluctuate up or down each day, as some sites become inactive (zero pageviews) and others become active. This fluctuation is normal, as long as the general trend is upward :)


History
AdBrite was started by Philip Kaplan and Gidon Wise in 2002. They were looking for an easy way to sell advertising on their websites and blogs, and decided to place a small "Your Ad Here" link on each site to connect advertisers to an order form. AdBrite's simplicity spread through word-of-mouth, and within the first two years, more than 1,000 sites were using AdBrite to sell ads. The duo officially incorporated the company in 2004 and teamed up with Sequoia Capital, who’d previously funded companies including Google, Yahoo, and Apple. Since then, thousands more advertisers and publishers (see real-time stats, above) have entrusted AdBrite to manage their online advertising needs.



What can AdBrite do for me?
Advertisers
-Reach millions of users across a whole lotta sites
-Target your ads by keyword, site, or geography
-Run text ads, or get guaranteed traffic and branding with our innovative Active Interstitial ads
-Enjoy full transparency—see the stats before you buy
-Optimize your campaign with our easy-to-use online tools and conversion tracking pixel


Publishers
-Monetize your site with complete control over your pricing
-Approve or reject ads
-Sell directly to your users with our "Your Ad Here" link, our dedicated page created just for your site, and our in-house sales team
-Customize your ads for seamless integration into your site's design
-AdBrite works great by itself, or alongside ads from other networks (Google, Yahoo, etc.) or your own sales team
-Through a small snippet of HTML placed on your site, we handle ad serving, billing, customer service, and sales


Want to get started?
Advertisers, start by creating your ad—choose from

keyword targeted text ads or active interstitials, or browse the marketplace to find your target site or sites.