Generating Revenue with On-Line Ads?
ratajik asks: "In my continuing quest to generate revenue from my open source project,
I've been attempting to use on-line ads. What are other Slashdot users' experiences with on-line ads? Which are the best methods (presentation,
click-through, purchase, etc.), and which are the best companies that you've deal with?"
"I've tried several at this point, and have had the best result from Google's AdSense - but even that hasn't been great. I've gone the user-most-purchase route with
Connection Junction, but with 498,000 impressions in 1 month, have had zero sales. AdSense has worked a lot better (as users just need to click through), but I'd like to see a higher Clickthrough
rate. What other companies have you dealt with and what has your experience been? What have you found to be the best type of Ad and Ad placement on your
site? What management and tracking tools have you found that work best? If you've rolled your own web ads (e.g., not using an aggregator), what did you use to do it and how did you find advertisers?I've personally tried staying away from ads on my web sites, but some of the AdSense-type ads are minimally annoying, and seem like a good way to generate a bit of revenue off of free software, especially considering Internet
advertising revenue was at a
record 2.3 billion in the first quarter of 2004."
especially considering Internet advertising revenue was at a record 2.3 billion
;)
How much you wanna bet that $2.2 billion of that was pr0n?
I watched C-beams glitter in the dark near the Tannhauser gate.
It'll be damn near impossible to generate much revenue from your site through those type-of-ads.
;)
The best bet would to setup a donation button, and point out that your project survives off donations.
Or if your product is nifty enough, and many folks use it, pay-for-support.
At last resort, you can put a neato logo on a t-shirt for cafepress.com
Error 407 - No creative sig found
..."online advertisting"?
The best type of ads to display on your website?
You're asking the bastion of ad blocking/workarounds/avoidance? The very center of "free"?
Dude...you are gonna get so flamed.
... and any of the salespeople will tell you, targeting is key. Find a company that doesn't simply sell you blocks of "anonymous" impressions. Ask about their audience. Ask about ad 'inventory' that is targeted at people that are interested in your product's general area. It's usually better to buy clicks rather than impressions - you're more likely to get interest from people who have already clicked on your ad! Also, stay on top of your campaigns. If you aren't converting, call the advertising company and ask for it to be re-trafficked or re-targeted. Otherwise you'll get absolutely raped.
"Searching 4,285,199,774 web pages"
so, advertising revenue, by one count, averages 50 cents, per web page, per year...
beat 50c per page at your site, in a year, and count yourself lucky....
every day http://en.wikipedia.org/wiki/Special:Random
Time travel.
That's right, you need to travel back to say.. 1996 or 1997. There will be lots of money for ads that you can grab.
They suck CPU, they are often just plain annoying (flashing and such, no pun intended). Many times they are doing things that a simple animated GIF could do. I think there are MUCH better uses for Flash than ads, and I wish companies would get that through their heads.
There are many ways to generate revenue. Google AdWords (as mentioned in the submission), a "Donate" button (as mentioned in another post), blackmailing, whatever. But please, don't allow flash ads.
Comment forecast: Bits of genius surrounded by a sea of mediocrity.
I've actually considered embedding Ads in the main StationRipper window... but don't' know if that would be overly annoying. And showing something like Google ads may be against the rules...
What I would really like to find is an aggregator that pays per impression... but DOESN'T do pop-ups, unders, animated ads with sound, etc. While most people use pop-up blockers these days, I refuse to do something that annoying.
Is there some OTHER way other open source developers are making money off of smaller products like this, besides donations and ads? I doubt the pay-for-support route will work for something like this. While I wouldn't ever expect to make a lot, it would be nice to cover costs + have a bit left over to invest in the next development machine.
I'm actually a bit of a cross-roads with the software. I've got some ideas to expanding it a lot, fix a lot of things users want fixed and add a lot of new function - but is it worth continuing down that path, or start working on something else that may be a bit more sales-oriented? So far I've done it 'cause I love programming and it was something interesting and useful to work on - but it's mostly been (lots) of support, and very little code as of late.
-Greg
Put a donate button on your web page and in the about box of the program (if it has one). Braham Cohen, author of BitTorrent, was very successful going one step further and giving users a one time popup reminder to donate. Something like "Have you made a donation yet?" and it sends you to a donation page if you click no.
There are pretty much 3 levels of advertising:
Top Tier - TribalFusion, Burst Media, etc.
Highest payoff, you want to work with these guys, but they are very picky. Tribal for instance only represents 5000 or so sites. You need to be pushing 20k+ sets of eyeballs (not just impressions, but individual people) a day before they will return your calls.
Second Tier - Google AdSense, MarketBanker, etc.
Below average payoff, but they will accept almost anyone with a legitimate site. But if your seeing less than 10k impressions a day, it will be a good 6 months to a year before you've made enough to get a check mailed to you.
Third Tier - AdDynamix, AllClicks, etc.
Bottom of the bucket pay rates. But they will take any impression they can get. When you hear people complain about things like skimming, and commissions not being paid, etc. these are the type of networks that are involved.
Long story short... It all comes down to traffic. 400k impressions per month may seem a lot, untill you try to make money off of that volume.
Your best bet for supporting an opensource project would be to solicit donations or sponsors. Failing that, try to sell your own ad space to companies that fall in your target group. (i.e. if your writing video card drivers, try getting a gaming site to advertise with you)
On the other hand, if you can create something that people love and use on a regular basis, you can support yourself off it. Right now I bring in more a month from Google AdSense than I do at my decent paying IT day job. I'm expecting even more when I convert all my inventory over to TribalFusion.
symetrix. We are building a religion, a limited edition.
You might think about something like a subscription service. For uses willing to fork over a token amount per month/6-months/year they see no ads and can (if they want) get e-mail updates about the latest versions, maybe other nice things. Of course depending on how your site is set up this might end up costing more to set up than it's worth.
It just seems to me that banner ads today are less about making money through view/clicks and more about making money by driving people to subscribe to an ad-free version of the site.
Famous Last Words: "hmm...wikipedia says it's edible"
trust me. you can not generate revenue from online ADs. Take Eric Raymond advice and sell mugs, t-shirts etc with your logo. That is better way to generate to revenue then to put AD banners. I used cafepress.com to create a online store to sell mugs and tshirts and it was pretty easy and effective.
Consensus is good, but informed dictatorship is better
I don't pay too much attention to the ads since it kinda runs by itself, and my experience is that Google does a pretty darn good job targetting 'em ... but I sometimes get a bit of a chuckle out of what shows up - for instance, I have some Lunar Eclipse Pictures and one of the Adsense ads was some place selling real estate on the moon! ;-)
Hulk SMASH Celiac Disease
I use Google Adsense on my site.
I tried a couple of others in the past with some other sites and made a big fat zero. But google is actually decent. I get one or two clickthroughs a day, and depending on the ad, I get anywhere from $1 to $7 PER clickthrough. I know this seems a bit high, but given the content, the advertisers stand to make a lot of money off a sale.
In any case, it comes close to paying my hosting costs each month, but not enough to actually buy me a new server or turn a profit of any kind.
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Consider doing an affiliate program with Amazon or someone like them. In the past, I did fairly well doing book reviews with affiliate links.
"He who would learn astronomy, and other recondite arts, let him go elsewhere. " -- John Calvin, commenting on Genesis 1
I have a site in a field totally unrelated to computers. It was ranked as an "Editor's Choice" (or something like that) on AOL at one point. From my server logs, I KNOW it gets a fair amount of traffic (I also have free downloads, logs show these files are downloaded -- and the pages linking to the files are viewed).
I wanted to see if I could make enough to at least pay for hosting, and looked around and settled on trying Connection Junction. I don't remember for sure, but I think I was supposed to get paid on click-throughs.
For the next few months, I was getting a good number of page views, but according to Connection Junction, their banners received 4-6 impressions per month, way off from what my server logs showed for page views. Maybe they're honest, but after that experience (seeing my logs showing hundreds of page views per month and CJ showing 4-6 impressions/banner views for the same month), I don't trust them.
I think it mostly comes down to the content of the site when using Google's Adsense. As you know, they automatically pick the ads for your site based upon the content of it. If your site is about knitting, then it displays ads for knitting. Which also means that you probably won't get paid much for a clickthrough.
However, if your site is about Luxury cars or expensive network equipment, you will most likely much more money per clickthrough. As I mentioned in another post, I get $1 to $7 per clickthrough, however, I'm lucky if I get one or two clickthroughs per day. The demand just isn't that high for stuff like that. Now if I was running pr0n banners on a site that served pr0n, I'd probably get a ton more clickthroughs, but probably a fraction of a cent for each one.
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As an aside, you can see what adsense would come up with on your site by copying the frame address from another website then substituting your URL into the address. It was interesting running it over my personal site. I'd give you an example, but I upgraded my ad filter recently and it kills adsense now.
They want their business model back.
There are 10 kinds of people: ones who understand ternary, ones who don't, and ones who think this joke is about binary
these online ads you speak of.... oh hold on I'll turn off proximitron.
Ahhh, those.
Nah I don`t think they'll take off
CJC
Um, wait: What was your project called again?
Huh? You mean I had to click on the link for the submitter's screen name in order to find out what was actually being talked about and, hopefully, sold? Brilliant idea!!!1! Step 3: Profit!
Seriously though, one idea: Try telling people about what you would like them to buy from you. Just try it one time or two. See if it works. I think you'd be surprised.
-B
Ash and Hickory, straight-grained and true, make excellent bludgeons, dandy for the cudgeling of vegetarians.
... you got the /. front page, that will generate some traffic ... erm ... provided your server can handle it. Now if you can use traffic logs to convince advertisers that your site is heavily visited, you may get a swing at ads ;-)
Basing your business on some imaginary market of users with an insatiable appetite of clicking ads all day doesn't really make much sense in the OpenSource arena.
Try making money the proven, old fashioned way by focusing on delivering goods and/or services that have a profitable value proposition for your customers.
+++
It may just depend on the type of site you run. Obviously the ads should be targetted to you audience. I will be launching a site shortly based on scoop which has this fantastic idea that ads have their own section and you can comment on the ads. What I plan to do is use this concept of an ad's section and turn it into a job classifieds sections where recruiters can "buy a story" to advertise a job. Recruiters pay big bucks in my industry.
"I just can't sit while people are saying nonsense in a meeting without saying it's nonsense" J Watson, Sci Am 288:(4)51
http://adblock.mozdev.org/
Since I don't have any actual experience in selling advertising space on any of the sites I manage(d) I don't know what potential is out there. But, I do know that there was a study done a couple years ago on the effectiveness of Internet Advertising as compared to TV advertising. This study found that any viewing of an add on a website had the same impression value as a 30 second TV commercial(link). It seems to me that because of this, you could charge a flat fee for ad space based on the "lasting impression" that the ad makes on any viewer of the website. The hard part for you would probably be that it may require individual contracts with each advertiser instead of a contract with an ad company.
In a similar vein, you could charge a minimal amount on the number of "unique" views of the ad itself, something like a half cent per or whatever. This could be justified with the same argument that Internet ads have the same value as TV ads, billboards, etc., where you would get paid for people viewing it, not necessarily for people clicking through.
"Don't worry about people stealing an idea. If it's original, you will have to ram it down their throats." --Howard Aike
The advice you're giving would be perfect for those people wishing to buy advertising on this guy's site.
There is no guarantee that every one of those pages has advertising on it. You would have a much more reasonable number if you took the total count of pages with advertising and divided by the total take.
I recommend using pop up ads. Flash ads are good too.
Just to be clear, that's Commission Junction, not Connection Junction and most certainly not Consumption Junction. ok, carry on.
He sent me an email today offering to send my website to over 30,000,000 email addresses!
It is easier to build strong children than to repair broken men. -Frederick Douglass
My site is affiliated with a local entertainment magazine. We are located in a town with a major public university. My boss is computer-phobic, so I am in charge of the website. It occurred to me that people advertising in our magazine could be posting ads on the website. During the school year we get about 60,000 pageviews/month; during the summer about 45,000.
I divided the website into 4 virtual directories with approximately equivalent pageviews so that people could target users based on what kind of pages they were looking at. Each of those directories has its own ads directory. The ads are strictly banner ads, and there is only one per page (at the top). I have never gotten any complaints from users about the ads, which are visible but unobtrusive.
In each of the 4 ad directories is 1 PHP page / advertiser. My algorithm counts the number of ads in the ad directory (actually it counts the number of pages in that directory with a .php extension), then randomly chooses one to display. (The ads themselves may point to a graphics directory one level deeper.) Needless to say, it is very useful to have executable PHP code in an ad.
I priced the ads pretty low (about $25/month to cover all four areas), but then found, much to my surprise, that the ad staff doesn't want to sell them because they won't make very much in commissions. However, I've been doing OK because people see an ad and call up to see if *they* can get one.
For the future, I'd like to write some code that enables advertisers to specify day and time selections (for example 75% of our traffic comes between 9-5 M-F). I am also thinking of rewriting the Restaurant Guide page so that I can toss up a random restaurant as an ad.
My business model is a little old-fashioned (impressions), but I am considering an alternative way of charging (clickthroughs, but with a higher price per clickthrough, compared to the price per impression). So far I am making very little money, but I am planning an offensive for this summer that entails contacting everyone who advertises in our magazine that also mentions a URL in their ad: "Got a website? Where is your traffic coming from?"
I hope that this was helpful.
DNA is a Turing machine. You, however, being dynamic and emergent, are not.
I just went to your site and clicked on an ad.
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Yeah, Google here totally screws it up, since it's associating lunar hosting (start the jokes on web servers on the moon) with lunar eclipses. Guess it can't be helped though. I clicked on an ad, just to give you an extra clickthough, FYI.
I run Adsense on my project site, and haven't made a whole lot of money, mostly due to the low page impressions I get (3000 unique IPs/month).
I have made a reasonable amount of money (~$500) out of the project through donations from a company to implement specific features in the software for them, about half of which has gone in supporting the project (server and testing hardware costs).
I've idly kicked around a few ideas for making money off the project, including selling plugins for the main, free, product. That said, I didn't expect to make any money of it, so anything I do get is a bonus.