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Thinking about advertisement on my website?

I am in mist of creating a website and one of things that has been weighin on my mind is selling advertisement space and im not exactly sure how i am going to do it. i do plan onhaving a couple of spots for “pay per click” through affiliate sites, also i am thinking about renting specific spots to whoevers interested either on a weekly to a monthly basis but im not exactly sure what its worth. do i put some kind of program on my site that tracks how much traffic
each ad gets and if so, what program do i use and how much do i charge per hit. OR do i charge by the size of the ad and where its placed ?

Go ahead with hosting of your website, with panels on it marked ‘Space 4 Advertisement’ consider the traffic flow on your website, Advertiser shall approach, you.

However, ‘Keep your fingers crossed” for the response.

You may charge certain amount as fixed annual charges plus some small amount say, two or three rupees per hit.

With lots of Good Luck.

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