Charging For Banner Ads

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I was wondering what you charge to host banner ads on your site? Do you track outgoing clicks once the ads are up?

Also, how do you accept payment? I don’t have a business just a website. Would I use my personal PayPal account to accept payments?
 
It depends on the traffic. There is CPC and CPM, as two industry standards.
CPM is cost per 1,000 views and CPC is cost per click.
Generally you charge a price based on the topic of the website and the ad being shown. If your website is about gaming, a banner ad for gaming computers is probably worth more than a website about writing with an ad for pens & pencils. It's all about what your website's topic is & how much the products are worth that your visitors are interested in.

Generally people will not be interested in purchasing a banner ad for a large amount unless your website is getting tens of thousands of views. Many people go for Google ads or another network because it's easy to manage & shows visitors what Google knows they are interested in.
 
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