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1:57 pm October 18, 2010
| Aloysa
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2:19 pm October 18, 2010
| Budgeting in the Fun Stuff
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Nope, no rules that I know of. I've heard of people waiting until they have x unique visitors or PRwhatnot. It's all up to you.
I personally monetized asap (no PR and less than 50 visitors a day) but I'm generally an impatient person overall anyway. There are pros and cons to waiting imo.
1) You'll make more with a higher PR and more readers, so if you sell space when you're cheaper, you won't have it to sell when you're site is worth more. I personally attempt to guard against this by trying to keep ad "contracts" to 6 months or less so I can weed regularly.
2) Another con to monetizing (with links at least) is that Google may hit you pretty hard and make it difficult to get a higher PR. I was a 2, then a 1, and then a 2 again…maybe if I didn't do link ads, I could be even higher by now. Again, I'm personally not patient and am okay with the risks. To each their own. :-)
3) Obviously the pro to not waiting is that you can start making money faster, but I honestly don't know if I would have made more if I waited or not. BFS is 7 months old and has brought in about $3300. Could it have been $5k if I waited an extra few months? I don't know but I also don't regret anything. I like having the control to accept an ad or not every single time…entrepreneurship rocks!
Hope this helps,
Crystal
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3:11 am October 19, 2010
| Tim – Every Peso Counts
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As with most business, "cashflow" is very important. I would suggest you start using adsense at least.
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8:01 am October 19, 2010
| Aloysa
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Tim – Every Peso Counts said:
As with most business, "cashflow" is very important. I would suggest you start using adsense at least.
In fact I decided to start using adsense for a start. Now, I am curious what else it out there?
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8:02 am October 19, 2010
| Aloysa
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Budgeting in the Fun Stuff said:
Nope, no rules that I know of. I've heard of people waiting until they have x unique visitors or PRwhatnot. It's all up to you.
I personally monetized asap (no PR and less than 50 visitors a day) but I'm generally an impatient person overall anyway. There are pros and cons to waiting imo.
1) You'll make more with a higher PR and more readers, so if you sell space when you're cheaper, you won't have it to sell when you're site is worth more. I personally attempt to guard against this by trying to keep ad "contracts" to 6 months or less so I can weed regularly.
2) Another con to monetizing (with links at least) is that Google may hit you pretty hard and make it difficult to get a higher PR. I was a 2, then a 1, and then a 2 again…maybe if I didn't do link ads, I could be even higher by now. Again, I'm personally not patient and am okay with the risks. To each their own. :-)
3) Obviously the pro to not waiting is that you can start making money faster, but I honestly don't know if I would have made more if I waited or not. BFS is 7 months old and has brought in about $3300. Could it have been $5k if I waited an extra few months? I don't know but I also don't regret anything. I like having the control to accept an ad or not every single time…entrepreneurship rocks!
Hope this helps,
Crystal
I am not patient too… so I put some adsense up on my site. Took FOREVER to figure it out. What else is out there besides Adsense?
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8:15 am October 19, 2010
| Budgeting in the Fun Stuff
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I also started with Adsense. I also would suggest becoming an Amazon affiliate and having at least their search box on your site. After that, I tried another place like Adsense called Adbright, but their definition of "family friendly" included cleavage, so I took them off.
I sold my first set of link ads in April (2 months after I started my blog). So far, that is where I've made all of my money: Adsense (minimal so far…less than $100), Amazon (less than $30 so far), link ads on homepage (majority of my money, more than $2500), and sponsored links in posts or sponsored guest posts from businesses ($500-ish so far).
Good luck!
Crystal
PS I will be doing a blog stats and income update at the beginning of every month, so feel free to check in and ask anything you'd like about any of that as well. I am NOT a big blog yet and have to build up a much bigger audience, but maybe it'll help a little somehow…
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8:26 am October 19, 2010
| Khaleef @ KNS Financial
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Aloysa said:
Tim – Every Peso Counts said:
As with most business, "cashflow" is very important. I would suggest you start using adsense at least.
In fact I decided to start using adsense for a start. Now, I am curious what else it out there?
I'm curious as well. Someone suggested Adbeans, but I haven't looked into it yet.
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10:02 am October 19, 2010
| ChristianPF
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Like most, I started with Adsense right away. I think it is good for your readers to know that you are supporting the site and your efforts with ads. On the other hand, I suggest waiting until you are getting some larger traffic numbers before you start running CPM ads. For example, it probably isn't worth having 3 huge banner ads on your site that are paying $1 CPM (or less) if you are only getting a couple thousand of views each month.
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11:14 am October 19, 2010
| Aloysa
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Budgeting in the Fun Stuff said:
I sold my first set of link ads in April (2 months after I started my blog). So far, that is where I've made all of my money: Adsense (minimal so far…less than $100), Amazon (less than $30 so far), link ads on homepage (majority of my money, more than $2500), and sponsored links in posts or sponsored guest posts from businesses ($500-ish so far).
Since I don't know anything about this… were you approached with an offer (link ads) or did you find them?
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11:17 am October 19, 2010
| Budgeting in the Fun Stuff
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Aloysa said:
Budgeting in the Fun Stuff said:
I sold my first set of link ads in April (2 months after I started my blog). So far, that is where I've made all of my money: Adsense (minimal so far…less than $100), Amazon (less than $30 so far), link ads on homepage (majority of my money, more than $2500), and sponsored links in posts or sponsored guest posts from businesses ($500-ish so far).
Since I don't know anything about this… were you approached with an offer (link ads) or did you find them?
I was emailed directly. I get more emails now that I have a Contact Page than I got when I just had my address posted.
Crystal
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11:33 am October 19, 2010
| Cents To Save
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I have had some small success with Adsense… but would love to find more ways to monetize my blog…
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1:24 pm November 27, 2010
| Sunil from The Extra Money Blog
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whenever i create a niche content website, i wait until i have 200-300 unique readers per day before implementing ads. this serves several purposes – one of them is getting accepted in directory listings (many do not accept commercial, or money making websites)
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The Extra Money Blog– Expedited Wealth Building Through Multiple Streams of Active & Passive Income (Entrepreneurship, Internet Marketing, Personal Finance)
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