So the first thing you need to is to make your blog attractive to advertisers, how do you do that, there are a couple of steps. First thing an advertiser wants to see are some traffic stats, you can use a service like Quancast for traffic and demographic information (see mine here) and they also give you a nice little embeddable iframe shown below:
Youll also want to show how many RSS subscribers you have, if you are using feedburner you can use the tool they have for an embeddable chicklet shown below
Feedburner can be less than reliable, with numbers varying by several thousand, so just beware. Next youre going to want to set up an analytics report that just shows the number of page views and unique visitors. This is you can mail it to people who want more information (example from my site). Id advise putting all of this information on an advertising information page. Also make sure you put a contact form up so people who are interested can get in touch.
As a publisher you want two things, ads that are easy to set up and take down, and you dont want to have to keep running after people to pay their monthly invoices. The easiest way Ive found to handle invoices is using paypal monthly subscriptions, it auto bills advertisers every month, and they can cancel whenever they want. As far as managing and setting up advertising there are numerous plugins but I have found Ad Rotate to be the most flexible. Once you install the plugin the first thing you need to do is set up banner groups this gives you the ability to set aside certain areas and assign ads to them. Look at the screen shot below you can see Im even using one for my Hear me Speak section.
Notice how each group has an ID, well need that information for later.
Once thats set up we need to enter individual ads for each banner group section. Below is screen shot of the individual ad banner, you may need to click it to see the info but heres some the info it asks for: start date, end date, link , ad group banner, click tracking option. If you upload the image you can choose it from the dropdown, otherwise just use the URL of the image in the code box.
You can put more than one ad in an adgroup, and display several (like the 125 ads in my sidebar) or have it randomly display one, more about that later. When you are setting this up you probably want to put a few placeholder ads up to make sure its working properly. OK onto the code
Heres how we tell the code to display the ads
adrotate_banner(1,0,6)
The 1? says use ad group 1 (in this case sidebar), the 0 says dont display a specific ad, and the 6 says display up to six ads. So basically it randomly chooses six ads from ad group one and displays them (more info is on the plugin page)
Because Im using thesis this is really easy all I do is create a function for it like this in my custom_functions.php file
//show sidebar ads group 1
function show_ads_1(){
echo "<h3>Sponsors</h3>";
echo adrotate_banner(1,0,6);
}
then I call the hook and in my case tell it to place the ads above the multi media box like this
add_action(thesis_hook_before_sidebars,show_ads_1 );
This is the benefit of thesis, it makes it really easy to get stuff done on your blog. Heres how to put an ad in your masthead, again using just the custom_functions.php file
function add_header_image () {
echo "<a href="http://www.wolf-howl.com/" title="Michael Gray - Graywolfs SEO Blog" style="border:0px">
<img src="http://www.wolf-howl.com/wp-content/uploads/wolf-head-logo.jpg" alt="Michael Gray - Graywolfs SEO Blog" style="border:0px; float:left;" /></a>";
echo <div id=topbanner>;
echo adrotate_banner(2,0,1);
echo </div>;
}
add_action(thesis_hook_before_title, add_header_image);
In this example I told it to use group 2 and randomly display one ad. Once you have this set up in thesis you dont need to monkey with the code,l you need to use the plugin management screen.
The next part Id like to talk about is RSS advertising. The thing I like about RSS advertisements are, they allow you to monetize your feed. Including advertising directly in your feed allows you to publish full feeds without the need to drag people to your website, because PARTIAL FEEDS SUCK!
I like to use the Feed Footer Plugin, it allows you to have 10 sequential messages, and one gets inserted in the bottom of each post. I allow people the option to purchase just an RSS advertisement, or bundle it with any of the banner ads, but thats up to you. I also put the word advertisement in front, so we dont blur the editorial line. Its really easy to enter ads heres an example:
Thats all there is too it no monkeying with the code. You could also use Joost de Valks feed footer plugin. While it only lets you put in one message it gives you the option of putting it first or last and adding links back to your post.
As far as advertisers are concerned I think a monthly thanks to our sponsors post is a really good idea. First it puts the sponsors right in front of the audience, second it lets your readers know that you are accepting advertising. While they may not be advertisers, they may know someone who is. Once a month is often enough people see it and remember it, but not often enough that it becomes annoying.
Pricing your advertising on your blog requires some experimentation. Try to find a comparable blog, traffic and influence wise, and see what they are charging. If you cant find one pick a price, if you get inquiries but they never sign up chances are youre too high. if your inventory is always sold, you are too low. If most of your ads are sold with one or two openings, and you probably hit the sweet spot. I like to offer discounts to people who are willing to pre-pay for 3 or 6 month periods.
The hardest part is probably getting your first advertiser signed up. That why I added a line under my ads that says Find out how you can advertise here and I also put it in the monthly sponsor thank you post. Lastly if you dont have any ads sold put up one or two place holder ads. You could make them affiliate links so you have some ability to monetize, also creating a want to see your ad here graphic is also helpful.
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