Cash In On Ad Space
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Getting Started
by Fawad Ahmed
There are two ways to earn an income from your Web site. One is
to sell a service or product to your visitors. The other is to sell
ad space to advertisers. Sites such as mine, which do not market
tangible goods or services, rely solely on the latter to generate
income. In this scenario, a site is best viewed as real estate that
is developed and partially rented out for profit. Here are some
pointers for attracting sponsors and maximizing your revenue.
1) Basic Design and the "Sidebar Revolution"
The most basic element in attracting sponsors is an intelligently
designed website. In five months, I have changed my design three
times in order to maximize ad space and to make it "sponsor-friendly."
There is no doubt that well-designed sites will attract more sponsors
than poorly-designed ones. Elements of good design include symmetry,
color theme, and ease of navigation.
An excellent design element that maximizes ad space is the sidebar.
The sidebar should be at least 90 pixels and located either on the
left, right, or even both sides of the page. The sidebar allows
for the placement of traditional 88x31 buttons as well as links.
Many sites have begun to use this technique, and it is so effective
that the term "Sidebar Revolution" is being used lately.
2) Know your stats
In order to sell your site, you must know your traffic. Your sponsor
will definitely want to know how much exposure he can expect at
your site. The two most important stats you should be aware of are
page views and sessions (or unique visitors). If you do not already
have a good log analyzer, consider Fast Stats, Web Trends, or Website
Reporter.
3) Banner Rotation
Even before you have a sponsor, you should have banner rotation
on your site. If you must, rotate affiliate or link trade banners
at first. The presence of a banner system signifies that you are
serious about selling ad space and that you have a system in place
to deliver ads effectively. WebAdverts is an excellent rotator script
available at http://awsd.com/scripts/webadverts. If you don't know
HTML from Perl, or you just don't have the time, hire a service
such as Planet CGI to install it for you.
4) Media Kit
Many sites have what is known as a "media kit" for potential advertisers.
The media kit traditionally includes the following information:
-Your visitors' demographics and advertiser benefits in reaching
them -Your traffic stats (optional)
-Rates for buttons, ads, or banners*
-Special discounts for bulk purchases
*Note: Rates may be based on CPM (1000 exposures), pay-per-click,
or on time-limited basis (for example, monthly or yearly rates).
5) Finding the Sponsor
Finding a sponsor can take a while, and the wait can be frustrating.
To verify that you have done your part, make sure you have carried
out steps 1 thru 4. Consider seeking out advertisers yourself. An
excellent way to do this is to visit sites similar to yours and
note who their sponsors are. You should then proceed to send an
email with an invitation for sponsorship to the party in question.
You may also consider joining programs such as Value Click or TeknoSurf
which pay you per click on ad banners displayed at your site. Not
my preferred way of generating income, but better than nothing.
6) Long Term
Finding a good sponsor is not easy and maintaining a good relationship
is essential. It is tempting to submit to greed for short term gains
by increasing your rates or misreporting your stats. However, honesty
and flexibility should govern your policy. Be sure to occasionally
offer specials and discounts. Remember that the ideal sponsor-webmaster
relationship is of mutual benefit. In this way, you will both prosper
in the long run.