Patrick is a dream guest blogger, he is someone a host blogger can only dream of. And as promised, he has made a come back and is answering all your questions about blog advertising. Also don’t forget to check out Patrick’s latest project the Gift Cheat Sheet, that is available for free download, and follow him on twitter.
How can I manually install an advertisement banner on my side bar?
If you have the banner already, figure out its size and then paste this code on your widget bar which will endorse the ad (fields marked in blue needs to be modified accordingly):
<a href=”http://www.yourlink.com”> <img class=”alignnone size-full wp-image-2647″ title=”Advertising” src=”http://projektcyan.com/wp-content/uploads/2009/10/ad.gif” alt=”My First Ad” width=”160″ height=”607″ /></a>
Þ <a href> This is the redirection link. You need to replace “www.yourlink.com” with the appropriate redirection link (the link the user will be redirected to when he click on the ad).
Þ <title> This is the title of your ad (you can delete this if you like).
Þ <src> This is the URL of the location of the ad (the image on the internet), you need to replace that with the one for your ad.
Þ <alt> This is the ALT field, whatever you write here will be shown as a tooltip when the user mouse over the advert. You can also remove delete this field if you do not want a text to appear.
Þ <weidht and height> You need to replace these field with the right sizes depending on your ad.
Of course they are other codes that can embed an ad, but this is what I use. Some other codes can embed Meta Tags in your add for more efficient SEO results.
Can the ad be animated?
Yes ads can be animated; you can place GIF or SWF (flash) or even FLV videos on your blog as ads. You can also place interactive flash ads, for instance on mouse over a sound can be played or the ad expands to a bigger size to play a video, endless stuff you can do!
Does BuySellAds work in the Middle East?
It works anywhere as long as you have a PayPal account. They pay via PayPal or cheque (by post) or bank account transfers.
Yes free wordpress.com blogs will not understand Java and they do not have plug-ins that do. You need to upgrade to a self-hosted blog so that you can benefeit from that and a lot of other things.
Which one pays better between AdSense and Third Party Marketplace? I know it depends on the ad, but do you have any idea of the average?
In Theory, AdSense pays the least. Some of the third party market places like BuyAndSell.com allows you to put ur own prices to some slots, but ur prices got to be competitive with others like you (millions of others) so you cannot really put high prices otherwise people wont purchase your slots.
At what daily visitor count did u introduce ads, what would u advise new bloggers re-that?
It really depends, some clients would be interested if you get 5000 hits a day, and others will not even consider you with such Impressions. But in my opinion, if you get about 1000 unique visitors daily, you can easily start renting ad slots if you do it right.
I started with about 1000+- unique daily visits which translated to over 3500 hits per day.
Note: Unique Visitors is different from Hits. Meaning if today I visit your blog 10 times, it will count as 1 Unique visit + 10 Hits, accordingly.
Also don’t worry about not getting a lot of comments, as long as you have high stats it can make it up one for another. But some clients prefer to advertise in blogs that are very active in terms of comments and discussions. This is when your negotiation / convincing skills kicks in 😉
How much money did it make you at the start?
At first I was giving away all my spaces for free to attract potential clients and pitch the prices with something concrete, it stayed like that for 5 or 6 months. Now I sell some spaces for $100 up to $500 per month per space, depends on the size and location of the ad. I also have Google AdSense banners and one or two from BuySellAds.com which I only look at every 2 or 3 months.
How much has the revenue changed over time?
It increased, and its increasing time over time. I am now selling space for almost double the price for what I used to sell 2 years ago. Also the more popular your blog gets the more demand you will get = the higher you can charge.
Could one live from blog ads, in the Middle East?
Not at the moment no, sometimes you get empty spaces for a month or 2 = no income so it’s a bit risky, unless your blog is really really popular. But in USA for example, some people quit their jobs and became full time bloggers, earning their lives from advertising / sponsorships revenues.
But as I said in the post earlier, advertising in blogs is becoming more and more popular and more accepted, specially in the Middle East, so soon enough I think it would be possible to make a living out of your blogs (yes, I think you need more then one blog for that).
Daily / Weekly effort (in Hrs) for managing ads?
I deal with each case as it comes along. When I get an email or a call from a client who wants to advertise I send them the rate card and take it from there.
Usually when the ad is placed, I just keep track of its schedule through a Word or Excel sheet and its usually not for another month till its up for renewal. So in theory, for me it’s a monthly effort, to place an ad it takes 10 minutes and so to replace / remove one.
I try to sell my spaces for monthly or quarterly or yearly contracts only. Easier to maintain and run that way.
How about in-text advertising?
I don’t personally like it and don’t recommend it really.
Note: in-text advertising basically works by turning some of the words on your blog into hyperlinks, the words are chosen randomly, for example the word CAR will become a special hyperlink and when you mouse over it will display a small advert in a tooltip format which can also redirect you to an advert.
What other advertising methods I can use on my blog?
There are ads that you can inject in the videos you post on your blog, this is something I might actually consider using. You need the WordTube plug-in for that. You can read more about it all here: http://alexrabe.de/wordpress-plugins/wordtube/
How much do I charge?
It’s really up to you, you know better. It also depends on your blog’s stats. Please refer to the post or to some of the questions above for more info..
Will advertising bring more traffic?
I don’t think it would. It might in some way or another but I don’t see how it could bring more traffic to a blog. Traffic bring advertising, not the other way around I think 🙂
And Since Patrick is a saint, I am sure that if you leave additional questions in the comment section, he will explain more.