How Much Should I Charge For Advertising Space

My site gets about 1,500 unique visitors per day.

I have a banner which i've charged £40 per month
I have Text Links that i chrge £10 per month

Is this too cheap?

Thanks in advance

 

Begin chargin on CPM basis,
Thats is Cost Per Metric (Thousand Impressions)
So for thousand unique to the banner, charge something like 3$
and the same for text make it 2$, using simple codes/scripts! This can be done!
Abhishek

 

That is quite good, maybe charge per week? have 5 different size banners £20-60 a week.

 

Whats the site? You can charge whatever rate people will pay. If you have a good site then you can charge far more than if you have a crap site.

Especially for the text links.

 

keep attractive pricing and make sure advertisers book advance advertising positions at your website, current price seems appropriate considering 1500 unique visitors a day.

 

www.myfootballforum.com is my site. Stats are at the bottom of the page.