Ah, the world of advertising. As long as there is something to sell, there is always an advertisement lurking around the corner trying to get us to buy.
Sure, it can be rather annoying having so many people attempting to sell you something, but when the tables turn and you’re the one who can profit from those advertisements, the mindset of ads as a whole start to change a bit.
When Should You Start Selling Ad Space on Your Site?
When first starting a blog, most people want to begin monetizing it right away, and that is completely understandable. Most people start a blog with the intention of making money from it in one way or another — and by all means, shoot for the stars.
But when it comes to selling ad space on your site; unless you’ve done a fantastic job at launching your blog or you’re a well-known online figure right out of the gate, well… The chances are that it’s not the right time to sell ad space.
Even if the timing is right, there may be reasons you haven’t thought of as to why ads might not be the right choice for your blog.
Things to Consider Before You Start Selling Ad Space or Placing Ads on Your Site
So here’s a funny story:
Back in 2011, a company called Adzookie announced that it would literally pay the mortgage on people’s homes in exchange for using their home as a large advertising space.
Some people loved the idea while others hated it. Why? Because of this little eye sore:
Now don’t get me wrong, I love good ad copy as much as the next Mad Man, but this (in my opinion) is just as bad as it comes. However, the fact that something like this on my home could mean that I would be able to live life without the hassle of a mortgage, does put this image in a better light, if only slightly.
So what’s the point of referencing this god-awful ad campaign?
Because selling ad space on your site can be a lot like that picture above — suitable for some people and terrible for others — but the payoff is generally much less monetarily rewarding…
Here are a few things to consider before you jump into selling ads, on your blog.
1. Yes, Some People Make Good Money Selling Ads, but Chances Are — It Won’t Be You
Before y’all jump at me for that headline, let me just explain:
There are some affiliate marketers and bloggers who have managed to use systems like Google AdWords and make a killing from them.
However, these marketers tend to be on the skilled side and know how to target keywords for systems like Google AdWords so that they get paid better for the ads displayed.
For a new blogger with less knowledge of this side of marketing, the likelihood of making money from ads is not the best monetization strategy considering that theaverage click-through-rate of display ads is a measly 0.1%.
That means that you could be wasting the financial possibilities from the traffic coming to your site on something that really won’t pay you as well as you hope. Sure, you’ll be making something which is better than nothing, but that is a downside to consider.
Selling ad space, however, can be much more lucrative, but there are things that come into play that could make that a truth for you or not.
Many online entrepreneurs like Michael Hyatt believe that selling ad space is one of the better ways to start making money right off the bat, but he was bound to have a better experience than most. Why? Because of these few things:
- He’s well-known in large but selective circles online
- His site was and still is seeing a decent amount of traffic
- He has targeted audience, and likely a large list email subscribers to perpetuate his blog’s traffic
Those things are the Holy Grail for advertisers looking for a high ROI (return on investment) for the ad space they buy. As that is the case, someone like Michael could require a larger fee for his ad space than Joe Schmoe with considerably less that the above-mentioned trifecta.
So to reiterate, you can make money from ads, but don’t get your hopes up on the amount you’ll make from it, especially if your blog is new and traffic is low.
2. Ads Kill Conversion and Can Skyrocket Bounce Rate
This is another area you will want to consider before you decide to place ads on your site.
As a blogger, affiliate marketer or whatever title it is that you tout, the chances are that you work REALLY hard to try build your site’s content and drive traffic to it.
If you’ve done things right, then you’re also trying to collect emails to build your list and grab social shares. But the thing about ads is that they distract from the entire process. Instead of people reading your blog, signing up for your email list and sharing your content, they can get pulled into that little ad on your site, click on it and then leave your blog never to be seen again.
This lowers the amount of time being spent on your blog and can raise the bounce rate on your site which is not the best thing in Google’s eyes. (Just as a side note: content-based sites tend to have a higher bounce rate around 60% whereas a Landing Page can see a bounce rate of 90% and Google views both of these as normal signals.)
So if you do sell ads or place ads on your site, beware of this likely ramification.
3. Your Blog Can Become the Ugly Slug
This last point is really two points wrapped up into one.
Not only do many ads have the tendency to look ugly and work against your site’s overall theme, they can also slow your site down. If you have a ton of them running at once, then they can slow your site waaaaay down which will shoot your bounce rate up (yup, again with the bounce rate thing.)
Thus the heading with Ugly Slug in the title…
Are Ads A Terrible Idea?
Well, no, not as a whole. The points listed above are just some things that can happen when someone decides to use them when it really doesn’t fit well into their goals and audience.
Some hate them due to bad experiences whatever they may be, and others have found a way to maximize their earning potential without sacrificing their authority or online reputation.
There are a lot of things to consider, and depending on your goals with your site they can either be a great idea or the absolute wrong one. So just be sure you do some thinking before you decide to use them.
If you’ve already done the heavy lifting and decided that ads are a great idea for your blog, then below are some ways that you can start selling them on your site.
How to Go About Selling Ads on Your WordPress Site
There are a couple ways you can go about selling ad space on your site:
- Do it alone, or
- Use a third-party service to handle things
Michael Hyatt has a nice post about how to go about setting up the foundation for selling ads yourself.
Here he talks about how to create an advertising page and ad kit that you can use if you ever want to reach out to a certain business about promoting a product for profit. Also, Pro Blog School has an in-depth walkthrough of how to sell ad space directly.
The Ad page and kit aside, you’ll want to make is easier on yourself to actually display and manage the ads you add to your site.
Here are a few to help get you started.
Top Free WordPress Plugins for Ads
With a plugin that boasts to be the easiest one in the market to place ads on your WordPress site, it has quite the reputation to live up to. Thankfully, it’s pretty much true — and free. After installing the plugin in your WordPress dashboard, you will find a couple new widgets that give you some options for displaying certain types of widgets.
Choose the one you want, follow the prompts for using it and then it will be displayed in whatever widgetized area you place it in.
With over 50,000 active installs, AdRotate is definitely a popular choice for displaying ads in WordPress. Compared to the plugin above, AdRotate is a bit more robust when it comes to how you can display the ads on your site including a Shortcode option. As the name suggests, this plugin will rotate the ads that are displayed to help automate a few tasks that are generally manual
WP Beginner has a nice tutorial on how to setup and use the latter.
This plugin is simple, free and a nice change of pace from the bigger block sized ads you might usually see on the average site. WP125 can be used to place smaller ads that are — you guessed it — 125 by 125.
Top Premium Ad Services
The downside to trying to handle selling ad space on your site is that it can eat up quite a bit of time. As this can be the case, many have opted into using other means for selling ad space on their WordPress site.
Here are a few options if that is the option you prefer.
As with many big names out there, BuySellAds has many who love it and many others who aren’t the biggest fans; however, the site does offer the wonderful service of automating the majority of selling ad space on your site (although, that’s only for the premium upgrade). One reason why so many turn to BuySellAds is because it connects them and potentially you with top advertisers so you’ll have the possibility to gain big name advertisers for your site.
This tends to be a much better approach than attempting to contact these companies yourself. With BuySellAds, the people come to you, you work out the deals with them and BuySellAds handles the transaction while taking 25% of whatever money is made.
WP Beginner has used this advertising platform to buy and sell ad space and speak highly of it. You can read more about their experience as well as how to setup here:
If you’re not too keen on using these guys or can’t use them for whatever reason, there are alternatives to the platform that could be a better fit for you.
This platform has a feature that BuySellAds lacks:
You keep 100% of your revenue.
Not only do you get to keep all the money you make, but after submitting your website, it will be placed in the marketplace where advertisers can find your site, and buy ad space which your OIO Publisher WordPress plugin can handle with fully automated sales.
OIO Publisher is priced at $47 and will cover all of your websites that you use it on.
Aside from the automation and marketplace, this plugin doesn’t seem to offer much more than what you could do on your own and the WordPress Dashboard area for it is a bit clumsy to navigate. But it’s not all bad and with big name blogs like WP Beginner using it, it’s likely worth a look at.
Though it is a bit newer than the other above-mentioned ad platforms, PublicityClerks has a lot to like about it.
You can submit your site (which isn’t hindered by a minimum for traffic stats) to the team to approve. Then you define what ad space is going to be sold on your site and you can charge whatever you like for that space.
Once approved, your site will appear on PublicityClerks for anyone to come and purchase the ad space on it. If someone purchases ad space on your site but you don’t want to use their ad, then you can disapprove the purchase.
PublicityClerks doesn’t state whether they take a cut of the money you make, so I’m assuming they don’t. But when in doubt, check it out and ask.
The last one on the list is AdSella. The AdSella platform is quite a bit like BuySellAds in that they are connected with a lot of advertisers so that you can get your ad space in front of a better audience. They even use social media to boost the likelihood of selling your ad space — Yeeha for free promotion!
Even though registration is free, they still take a 20% cut of the profits made; however, that’s 5% less than BuySellAds. All and all, they seem like a nice option for setting up selling ad space on your WordPress blog.
Source: Elegant Themes Blog