I've had this niche site in the marijuana niche just sitting there collecting dust, not earning a dime, when ALL OF A SUDDEN this cat contacts me out of the blue and asks me to put a link to his site on my site.
"Sure, no problem," I says. "How's $50 a month sound?".
"Can I get a discount for a year?" he axes.
"Sounds reasonable," I retort. "Let's do $500 for the whole year."
BAM! PayPal money received.
Moral of the story:
You may be severely undermonetizing your niche sites with adsense or poor affiliate offers. So here's an action plan that I'm putting to work and that you're free to use yourself.
1. Put together an email template and send out to relevant sites:
I'm Vic and I own http://www.my-niche-site.com.
I was browsing through your site and I began to think that MY audience would love your site as well.
So, I thought I'd reach out and see if you'd like me to put up a link or banner on my site pointing to your site.
It'll basically mean that you get highly target traffic to your site plus SEO benefits from getting a context-relevant link.
I'd love to see if we could come to some sort of reasonable, mutually beneficial arrangement.
What do you think?
2. Get cash money.
FYI, the link I sold this morning was to an eCommerce site. Ecomm is extremely competitive (I know, I work for an ecommerce company!) and many companies have full time link buyers on staff and a huge budget to work with so give them an easy way to contact you somewhere on your site (maybe use an "advertise with us" tab) and sell your email low like in the above example so that you can feel them out on their budget. Learn to negotiate a bit.
I'm off to the races, I hope this helps somebody!