Selling your ad-spots through auction bidding
If you are using Entrecard you must already be familiar with Project Wonderful. Project Wonderful is many things: it’s an ad management system, it’s an auction system and can also be said payment gateway system.
Through Project Wonderful, you can buy ads on other blogs, you can buy ads on Entrecard, and most importantly - you can sell your own ads.
Selling your ad space through PW
PW allows you to create ads in different sizes; 117×30 pixels, 125×125 (most popular banner size on blogosphere), 234×60, 468×60, 300×250, 728×90, and 160×600.
Basically once you have setup your ad and pasted the code in your blog, people will be able to bid for the spot. If it is set to auto-approve, the highest bid will automatically replace the existing banner. You can also approve the bids manually if you want. There are additional options for this, like: “Auto-approve any ad that was approved in the past”, “Auto-approve any ad from the advertiser that was approved in the past”. These options make it a lot easier if you want to opt for manual approval.
Buy 125×125 on AdesBlog through PW
I have setup one 125×125 pixel unit (see right after clicking) near to “top commentators” section on this blog. The price starts from 0.50 cents per day. So bid it away guys!
In order to bid for the spot, you need to register with Project Wonderful first. Registration is easy and hassle free. Once you have registered, you need to top up your funds with PayPal or Credit Card. After that, you create your 125×125 banner in your account, which you will be using when you bid for this 125×125 spot (and on similar spot on other blogs). It sounds like a lot of work, but actually it’s a one-time thing, you setup once and will be able to use it many times on other blogs.
You can also withdraw your excess funds from your PW account anytime, if you won’t be using them anymore.
Anyone else has used PW on their blogs? Is there any success stories?
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By Lorna on Feb 18, 2008
Will selling ad space like ones by Project Wonderful get your site’s PR penalized?
By Jasper Bossert on Feb 18, 2008
PW sounds like a great idea! I can really see this making people money..
By JJMelo on Feb 18, 2008
I’m signing up right now. I like!
By bhanu on Feb 18, 2008
it is a good method to sell space on your website but it will be good only if your site has good PR and also alexa rank.Otherwise you wont find any customer.
By Online Surveys on Feb 19, 2008
I’ve been looking for a way to put ads on my site now that the traffic has started flowing. I am definitely going to take a look at Project Wonderful, it sounds so…well…wonderful.
By Make Money Online on Feb 22, 2008
This sounds like a great idea. Do you get to set the starting rate for the adverts and how long do they stay on?
By Ades on Feb 23, 2008
- Lorna, PW allows you to insert “nofollow” tags into your banners. So Google won’t penalize you.
- MMO, yes you will set the starting price yourself. You can change/edit your banners anytime.
By Auction Tools on Mar 18, 2008
The way this new auction system works is really interesting. This makes advertising a easy way and really profitable for the users who want to create ads of their own.
By DavidB on Apr 8, 2008
a good way to game their system is get another computer(say a location from work) and sign up as a customer. That way when people bid on your ad you can compete with them and drive them up to their maximum bid price.
Yep, it is a great way to rip off customers so be careful if you are bidding there. If you plan on buying ads test your ads first and be very careful with bidding. I learned from experience. You’ll know this is happening when you are the highest bidder for a while but then you are outbid at a site. Then you quickly become the highest bidder again within a few hours. Why would someone only want to be the highest bidder for a few hours unless they were gaming you(the site does proxy bidding for you)? Anyway, it happened enough times to make me suspicious
I also learned they will also deny sites even when they don’t violate their terms. It is OK to have porn but if you have something that disagrees with their worldview they will say ‘lack of content’. That is what they did to me and the only reason I can see why is because of certain links on my site that in no way violate their terms. So how do I know I got bumped for worldview reasons? Because they are a bidding site. If their customers don’t agree with what is on the site they obviously won’t bid. If you don’t have traffic, they won’t bid so you are either attractive to customers or you are not. I even emailed them before I wasted my time setting up my account to ask them if my format was acceptable and they said they wouldn’t have a problem with it. The site is supposed to be a marketplace to bring together buyers and sellers yet they are censoring sites that don’t violate their terms.
anyway, that is my beef with the site. And I will be spending my advertising dollars elsewhere
By Tom on Aug 3, 2008
Has anyone tried Etology yet? I’ve been using this service for a few months now and so far I’m quite happy with the results. Project Wonderful is nice, but I wasn’t happy with my overall earnings. Therefore, I started searching for something better and eventually found Etology. With Etology you can set your own prices (no bidding), which in the long run equals higher earnings and less hassle. Check out this review that I wrote a few weeks ago.