I have decent traffic on my blog..should I advertise on it?



Answer:
Here's a good article on the topic:

http://anyitem.com/why_i_advertise_on_my.
you have a business ? Yes advertise. That's the key to success
That depends on your goals. If your goal is to reach your friends, family, and a few like-minded people, and you're already doing that, then there's no point wasting energy advertising. If your goal is to reach the maximum audience at all costs, then you should be working on your Super Bowl ad. :) If you want to reach a growing audience without putting out any cash, then you should look for free advertising opportunities, such as blog/traffic exchanges (e.g., BlogExplosion, FastFreeway, etc.).
Post an ad in free classifieds offered by various websites. A collection of such websites is available at http://www.freewebs.com/freeclassifieds/.

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