Monetize Your Audience Using PlaceMyProduct.com
February 14, 2008
There are new services that help you monetize your site and sell advertising that are popping up all the time. PlaceMyProduct.com is one of those services – but this time, it’s more unique than others and offering something new. Simply putting it, PlaceMyProduct.com is a site where you can place your products or advertising opportunities, and the highest binner on your auction wins. But there’s a bit more to it than just that.
“Have you ever sold an ad and wondered if the price was too low and you could have earned more? You probably could have earned more. Have you ever tried to sell an ad and there were no takers? That probably means your price was too high. PlaceMyProduct.com eliminates this guessing game and helps you achieve ad price parity.”
Product placers can sell almost anything via PlaceMyProduct.com. You can sell your advertising blocks, sponsored reviews, text link ads, banner overlays in videos, podcast sponsorships, and much more. But, you can sell offline placements too! Sell ad spaces on your radio station, local newspaper or community newsletter, even billboards. When you think about it, the possibilities for PlaceMyProduct.com are endless – all you have to do is get creative and you could start making money off a lot of things!
Like I mentioned, PlaceMyProduct.com allows people to bid on your products. You can set the price low and have a lot of people bidding on it and building up the final price. Or, if you’re selling an advertising space or something else, you can figure up how much you’d need to price it on PlaceMyProduct.com to make at least as much as you would otherwise, and then you’ll make at least that much or more (since they do keep a percentage of the earnings – but you get 80%, which is more than almost all other sites give back).
PlaceMyProduct.com is new, but I can see it becoming huge. Since it revolves around a bidding process and also allows you to sell offline advertising as well as online, it’s very unique and different from most other things we’re used to seeing out there. And if you’re creative, you can definitely take PlaceMyProduct.com and use it for your advantage, generating a nice income. So start thinking up something good, or just use it to sell ad space on your blog – whatever works, it’s that versatile!
To learn more about PlaceMyProduct.com and what you can do with it as a blogger or webmaster, click here. Or if you’re interested in advertising in an original way, check out the advertisers page. So what do you think about PlaceMyProduct.com? Is it something you could see yourself using, and what ideas are you already forming for it? I can’t wait to hear your answers, I’ve signed up for it myself and can’t wait to see how it all works out.