Banner exchange programs work just how they sound. After becoming a member of a program, you agree to post a certain number of banner advertisements on your personal affiliate website in exchange for the program posting your advertisement on other sites. The ratios aren't exactly copasetic, of course, and this is how banner advertisement exchange programs generate their profit.
By selling their extra ad space to interested advertisers and posting members advertisements at roughly a 2:1 ratio, they generate a profit, but members are still receiving a service in exchange, whether an even exchange or not exists. The upside of a banner exchange program is of course the ability to get your banner advertisements distributed and posted on other sites free of charge. The downside is you have really no control over what kind of websites carry your advertisements. Also the advertisements chosen to be posted on your personal affiliate website may not be exactly to your liking as well.
There are quite a few different banner exchange programs offering themselves up for use on the Internet. It is a good idea to do some research into each one before taking the plunge. Though they in essence perform the same service for you, each program has different benefits and aims. Some programs, for instance, might be dedicated to certain sub-sections or markets such as pet care or automobile care.
Obviously if your advertisements have anything to do with the subject matter a certain program caters to, that program will more than likely serve you best. Banner advertisement exchange programs that claim to intelligently and effectively place advertisements are definitely preferable. They are out there, and once one is located that suits your affiliate strategy best, they are easy to join, and profits will follow!
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