As we begin our series on monetization and the business side of blogging, we simply MUST address the topic of banner advertising. Banner ads is usually the default way to monetize a blog. It just so happens to also be the DUMBEST way to go about it.
In this episode, I'm going to make it very clear where I stand on banner ads. Even though I've made quite a bit of money with banners in the past, I still believe it isn't the best way to go for many blogs.
It comes down to 5 problems:
(1) It doesn't make much money at all.
(2) It sends people away from your blog.
(3) Readers hate them.
(4) It delivers no value.
(5) It makes a mockery of what you're doing.
In this episode, I explain all 5 points - with backup. I also reveal the one SMART way to make money with ads. Lastly, I talk about the one situation where banner ads is really the only way to go for you.