This is a guest post by Dalirin is a blogger that likes blogging about how to make money online. He has also written about his number 1 way to make money online.

If you are interesting is submitting a guest post, please visit my guest poster page to find out more info. Now on to the the good stuff.

If you are in the make money niche, your aim is to make as much money as you can. A make money blogger can make money on his blog by selling a product, being a consultant, doing paid review, affiliate marketing or putting ads on the blog. Apart from putting ads on a blog, the other means of making money is not easy for a new blog. Only if the owner is an experienced SEO blogger, he would find it hard to rank his blog for his keywords.

I said that the other means of making money from a blog is difficult for a new blog is because almost all new blogs has little or no traffic. With the little amount of traffic it gets, I doubt if it would sell any product or make money from affiliate sells. If there is a sale, it is pure luck (luck also exist in blogging). But with ads on the site, the blog owner is able to generate some income.

When is Ads Recommended on a New Blog?

I would recommend it as soon as your first post is live. This is good so that your readers gets accustomed to the ads. Then it is there choice if they want to become ads-blinded or not. Having ads early would tell your reader why you are blogging. I have seen websites that changed their design to include more ads and their readers were complaining. But before the site became popular, no one complained about the ads.

Will You Lose Readers?

I would say No. This is because the reader is reading your blog for your content. He wants to get more information about something. He is not reading your blog to increase your monthly views.  You would lose readers when the ads interfere with their readings such as forcing them to take an affiliate survey before they can access your content. This is your fault. There are other bloggers they can read or get the information from.

What type of Ad should be Used?

Use CPC (cost per click) or CPM (cost per impression) such as adsense on the new blog. You can also use affiliate banners as an Ad. This would enable you to make some few money. Trust me, it is small, but when you receive your first click, you would be motivated to work harder. With affiliate banners, you may be lucky that a reader was looking for a service or a product. Then the person decide to buy from your affiliate link.

I don’t recommend paid text link because you would not be able to see an advertiser. No advertiser would want to advertise on a blog that has little traffic. The advertiser might feel that them advertising on the site is the same as the advertiser going to get a new site and linking to their site.

It looks like our dear old friend Graham at Entrecard is listing his site for sale. Now Entrecard and the community that goes with it can be yours, well that is if you mesh well with Graham’s vision. The site is listed here on Sitepoint.

If you are in the market for an online advertising company that serves over 80 million impressions to its ads monthly, here you go. Currently the site is generating $2,000 monthly from the sales of ads on the site itself, not across the network. I don’t know how it is possible to only make $2,000 per month while severing 80,000,000+ impressions, but it is true. I am sure the next person in line with some deeper development pockets could tap into more than 80 million ad impressions across more than 20,000 blogs for a much bigger return.

There is a huge potential just waiting to get picked up by the right hands. Now that’s a marketing idea, just buy your own blog ad network.

We all know that from time to time I like to hold and participate in contests. I think that one of the requirements of blogging should be to have fun. This is the second round of The AdSpace Contest. The winner of this round shall receive their ad on close to 40 blogs for a whole month. Not a bad way to get some free promotion. The rules and guidelines are below. Enjoy!

Once again, it’s time for The AdSpace Contest and I’m proud to announce that I am one of 10 co-hosts.

The idea is simple: Get as many entries as you can (very easy to do) before October 15th. The more entries you get, the better chance you have of winning! Shortly after the 15th, we’ll announce the winner.

The prize?

A 125×125 pixel ad spot (above the fold) on at least TEN DIFFERENT BLOGS that will run for one month. That’s at least a $100 value! Last month’s prize grew to be ad spots on 45 blogs!

Who else is co-hosting?

• Jamaipanese
• Best of Stupid
• AxioBlog
• The Big Bald Blog
• Jason Boom
• Unconventional Marketing Blog
• GorillaSushi
• Geek Mom Mashup
• It Might Be Love
• Mr. Javo

How do you enter to win?

• 1 Entry – Subscribe to any one of the blogs above via email (if you subscribed last month, you’re already entered again!).
• 5 Entries – Twitter about the contest with a link to this post (new!)
• 10 Entries – Write a post about the contest (must include links to all 10 hosts OR use our suggested text)
• 25 Entries – Offer up an ad spot on your own blog for one month as part of the prize package (links will be listed above)

Simply put, you could subscribe to all 10 blogs, write a post, twitter about it and offer up your own ad spot for a grand total of 50 entries! Fill out the form below once you’ve got your entries done.

Contest ends October 15th. Good Luck!