I am currently running a blog that gets 3000 unique visits per day. I have an adsense install which is averaging about $3 per day. Am I missing something? I feel like this type of traffic should be getting more revenue. Other there other ways to monitize?
Depends on what kind of site you're running. You could run a CPALead widget to certain articles/content, rearrange your ad placement, or even charge for certain content/exclusive access to certain things on your website.
Why don't you try running an Amazon affiliate widget? Maybe people would wanna buy a DVD or something, or maybe NetFlix. It's up to you dude.
I would do affiliate marketing because it pays better. If you used ads they wouldn't get you very much.
you are missing something only in case of low CTR. Otherwise your adsense revenue may be low due low-paying niche or low-paying geo of the visitors
I wouldn't recommend Ads because 3,000 isn't a huge amount of traffic. You need like 10,000 visits per day. But you're doing good anyway. I'd go for affiliate sales.