I am one of the editors of a very niche website: one that covers news, rumours, and the lineup of a major Eastern European music and arts festival. The site doesn't have too many visitors and it is only updated sporadically (only when new information emerges).
And this is its major problem: it doesn't make enough money to cover its expenses.
It currently has AdSense, some Amazon and Booking.com affiliate links. In the past, we've tried reaching out to local companies and offer them advertising space, too, but to no avail.
Can any of you give me (and my co-editor, who is also the owner of the website) some tips on how to better monetize this website?