I'll tell you how I maximise Google Adsense for western sites reading left to right. Firstly though, you should know that I don't build my website to make money! I do it to keep myself occupied and to have a goal in life. You will understand, therefore, why I like to keep the process of making money from my website as simple as possible so that I can concentrate on achieving my goal; attracting visitors and having fun building the site. That is also a good starting point to make money.
On that basis, what I am going to say is simple and based on common sense assessments that are confirmed by Google Adsense specialist trainers whom I have met when attending Google run Adsense seminars.
The basic model for me in respect of Adsense is as follows:
(1) To let Google decide what adverts to present on my site. They are the experts. I can modify Google's choice and sometimes I feel inclined to do so. For example, I sense that adverts for charities such as the World Wildlife Fund (WWF) are not the best earners but as I give some money to charity from the site I feel obliged to support charities. I therefore accept these adverts. Also, it may the case that the WWF have decided to place ads on my site. I don't want to disappoint them.
Placement
(2) To place the Adsense units in the most prominent places on each page. Where are these places? Commonsense dictates that the reader's eye starts at the top left of the page in the region of the title, and then soon afterward just below it. Most people on the Internet skim and speed read the first bit of text and then tail off. If they like what they see they stay around and read more and digest it. The adverts should reflect this behavior. The Adsense ads must be high up and, in your face, (above the fold as the experts call it).
When you create carefully produced copy it can be difficult to decide to "spoil it" with adverts right at the beginning. I would resist that obstacle and put it where the eye falls. Be commercial. Internet surfers are used to seeing ads on the page so aren't put off. When they are ready to move on, they might click on an Adsense advert. If they are ready soon after visiting, they will click on the top ads and if they have read the article, they might click on the Adsense at the base of the page. It is said that Adsense does not drive visitors off the site. It just gives them an option when they are ready to leave.
Here is a diagram showing the hotspots as I see it (four are listed but only three are allowed as you know):
The red=hot. The blue=cold. Often you see websites with a banner on top of the site. We are told that this is not a good place for Adsense. It is out of the eye-line for visitors who read the text of an article. Perhaps the website creators who place Adsense above the website are using it as a branding tool. Google ads look good and can actually improve a site's appearance.
Why are the Adsense adverts on this page where they are? Because Google automatically puts them there and the choices for change are limited. This site is a Google Blogger hosted subsomain. The Adsense units are both outside the area of text. I prefer adverts inside the text as it forces readers to see it. Note: the advert top left inside the text is a Casale Media advert in an iframe tag.
Text and Image
Text and image ads are best. Let Google present both from the same Adsense script.
Size
Use the largest size you can. I use a thin line of links immediately above the title. That is more or less the only place I use a thin line of links. The reason is because when I received one-to-one advice from a charming Google employee she recommended that I place this Adsense unit in this position. It has worked well and earns about £80 - £100 per month by itself.
Personalised
As each page or each website is different the above suggestions are generalizations.
Adsense colour etc.
I used to mess around with colours etc. I saw no difference. I prefer the standard Google format because people recognise these as adverts. I believe that is a positive thing. This leads to the question whether you should blend in ads and place them where the navigation bar is. To me this looks dishonest and it colors my assessment of the website negatively.
Revenue
I am a relatively small time player (Alexa 114k at 14th March 2012 - it used to be 50k). I earn about $2,000 (USD) per month from Adsense. The site used to make quite a bit more but Google's algorithm, copyright infringements and intense competition changed that. I also make some Adsense revenue from YouTube videos (about $400 per month).
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