This is another option for monetizing your blog:
getting paid by others, usually on a monthly basis, to place ads on your site.
However, this method also requires that your blog is
fairly successful to begin with. No one will pay to put their ads on a blog
that gets 4 traffic hits a day.
But if your blog is doing well, receiving a steady
flow of visitors every month, and making some money on its own, then it might
be a good time to consider this option.
How do you get people to pay you for adspace? Well, assuming
your blog gets a fair bit of traffic, you could simply place your own ad
somewhere on your blog calling out advertisers. Problogger does
this.
You could also contact other blogs in your niche and
ask them if they would be interested in displaying ads on your blog.
The amount you'll get paid will ride primarily on the
amount of traffic you get. Your blog's Page Rank and Alexa Rank may also affect
the pricing.
Another option is to join an ad network. Ad networks
serve as brokers between advertisers and publishers. In order to be accepted
into an ad network, your blog will likely have to meet certain minimal traffic
requirements.
Blogsvertise and Blogards are two examples of these types
of ad networks.
However, if you do join an ad network, be prepared for
them to take a cut of your profits.
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