Once your website starts receiving traffic, you may want to consider selling advertising space to other webmasters. To achieve this you can either create a separate webpage dedicated to advertising or sell banner space on the top, sides or bottom on your website.
Price-wise it is possible to charge per impression, (if you’re selling banner space), or monthly. If you charge per impression you can do this on your own, provided you have the right scripts and tracking software or you can use another service such as Adbrite.com or Google Addsense (which manages everything for you).
Email marketing can provide an additional way of selling online advertising space. You’ll learn the specifics about this later, but basically, the way it would work is you would put the webmaster’s advertisement inside your e-course or newsletter. It could be a blurb or a feature article talking about the webmaster’s site. In either case, it'll get delivered to all of the subscribers on your list. If things work out as being the webmaster hopes, she or he will get a sale.
Price-wise, you are able to just about do what you want specifically if you have a very good large list. Remember, however, that the more you charge the less people you will get to take advantage of your offer, especially if the price is within the hundreds or more. If you really want a quick start for selling online ad space, you can consider using Adsomatic.com. With Adsomatic.com you might be given the opportunity to promote an online classified site. The advertising space you can sell comes in the form of three banners.