Please Don’t Sell Yourself Short

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It’s been a while since I checked in on my older posts at How I Make Money Blogging, but I completely overlooked a question by The Financial Blogger in response to the rates I quoted in September 2011.  I answered it at HIMMB, but figured that I have more readers here at BFS that could benefit too:

I’m curious to know what you define as prime location for text links and how many links did you actually sold at $80-150/month (not banner or widget, just link right?). I actually sell my links (on PR4 and 5) between $50-$75/month (paypal subscription) and I’m able to keep my advertising space full. However, I get several declines from advertisers telling me my rates are too low [I think he meant high]. This is why I’m curious about who did pay more than $100 for a link on a monthly basis. Do you have any?

The sidebar ads I have received for myself range from $65-$110 a month.  The higher amounts are for higher spots on my sidebar – the prime locations are at the very top of each sidebar and decrease in price from there.  Right this second, I have 2 ads paying more than $100 a month.  90% of my sidebar ads are $60-$85 a month but they paid 6-12 months in advance to receive a discount.

My Suggested Rates

In general, here are the sidebar ad rates I suggest shooting for based on a site’s specific Page Rank.  I will usually give up to a 25% discount if the ad is paid for in advance for 12 months and I decrease that percentage for shorter terms.  The normal discounts are between 10-20%.  There are of course outliers – deals that are slightly lower or higher, but the rates below are achieved for 90% of the deals I close.  You can ask my clients.  icon smile Please Dont Sell Yourself Short

PR0 and PR1:  $60 per month, $40 per month minimum
PR2:  $70 per month, $50 per month minimum
PR3:  $80-$90 per month depending on other stats, $50-$60 per month minimum
PR4:  $80-$100 per month depending on other stats, $60-$70 per month minimum
PR5:  $80-$125 per month depending on other stats, $60-$80 per month minimum

Other stats that advertisers have been interested in besides PR include Moz Rank, Alexa Ranking, how many posts per week a site has, and a site’s Domain Authority.  Most of those stats can be checked out at http://www.check-domains.com/website-analysis/website-analyzer.php.

So $50-$75 a month for a PR4-5 isn’t bad if they are paying 6-12 months in advance.  Otherwise, I would suggest raising those a bit higher.  At the prices above for BFS, a well ranked PR4 ($60-$100 per month), I keep my ad spaces full throughout the year.

I hope this helps.  It would be great if every blogger knew what their site was worth since it would mean fewer sites would be preyed upon.  I really hate to hear about bloggers that are fleeced for ads at $20-$30 a month for a well ranked site.  I know we all accept lower amounts once in a while when we are feeling broke, but the rates above are very feasible on an ongoing basis.

Do these rates look about right to you?

23 comments to Please Don’t Sell Yourself Short

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