Calculating banner price?

[Quiglag]

I had someone contact me about putting a banner on my site. Currently I only have Adsense and some affiliates on my site. They are interested in a 125x125 banner. How do you calculate how much to charge for your ads? My site isnt very new, so I only get about 1000 Unique visitors a month, and I have a PR-2. There site isn't even up yet, so they are looking for any links they can get.

Thanks

[cldnails]

Hi Quiglag.

Expect some fluctuation in price between niches and also keep that in mind when deciding who to allow as an advertiser on your site. Generally speaking you would be looking at less than $10 for the stats you provided. Essentially you are only getting about 33 visitors per day and obviously click throughs to the advertiser would be much less than that, possibly <1. If all he wants is a banner then it appears he is just interested in traffic, not necessarily SEO benefits.

[Quiglag]

I get between $5-$10 a month from adsense so I was thinking of asking for $5 a month. I wasn't really planning on selling ads just yet, but I will give this a try. Thanks