How does Project wonderful work?

For Bloggers who want some wonderful advertising as Projectwonderful says " We make advertising wonderful". Projectwonderful can be entertaining as well when you can see people bidding each other for your adspace.  It is said that Projectwonderful lets you keep all you earn.

HOW DOES IT WORK?
Demonstration-
Suppose 
You have set up 125 X125 adspace on your sidebar and set no minimum bid ie $0.0 for all traffic.
( Remember you can set bid values for US,Cananda, Europe and rest of the World traffic separately)


Ram comes and advertises his blog for free until he receives a competitors bid. Only then your ad space value will go up.

Lets say  Ravan bids $0.05 on the adspace . Now Ram needs to Bid more to get back his ads.

Ram  now bids $0.10 for the space and again Ravan pays $0.15 for the space.
( Note All these amount are for 1000 visitors or for 1 day, although it looks small amount if you get consistent bids the amount can be good in one month)

Now Sita is not worried about funds and she wants to have her ads on your blog. She doesn't want to be bothered by small bidders so she pays a good $0.40 per day. Then other bidders give up.

Now if Sita pays you consistently then you'll be earning $12 in a month.


You can then withdraw your earnings into your paypal after minimum amount $10 has been earned. each payment costs you $1, ie when you withdraw $10 you'll get $9.Unlike Adbrite and Adsense which have fixed time payment.
Else you can use the fund to bid on others site with your banner.

Advertising Formats
Images- no flash

• Cost per Day (CPD)
• Cost per Million (CPM)

What  Ad sizes are available on PW?

1. Button 117 X 30
2. Square 125 X125
3. Half banner 234 X 60
4. Banner 468 X 60
5. Leaderboard 728 X 90
6. Rectangle 300 X 250
7. Sky scraper 160 X 600

Why use Projectwonderful?

1. Good for small blogs who do not get direct advertising offers

2. Fund you collect can be used to promote your blog using PW itself via advertising.

3. Playing with PW is fun.

4. Links can be made no follow and ads load fast.

5. Wide variety of ad sizes.

6. Minimum payment is $10

7. You get 100% of your earnings.

Why not to use Projectwonderful?

1. It can cheapen you ad space as most time you get low bids or nil for ad space.

2. You may lose potential advertisers to you blog. So not recommended for blogs that sale direct ads.

3. I recommend you to set minimum bid above $0.00 else you'll be advertising for free most of the time. But you may never get advertisers if you put up minimum bid.

4. Ads are low quality images and may ruin the looks of your site.

So Try PW only if it suits you.