There are many blacklists available you can use download and input into Adsense so that low paying bulk advertisements do not show. Here is one, Google for more: (http://www.adsblacklist.com/)
You can also create channels, for certain categories and track your earnings by channel and then inspect the ads in low paying channels and look for some obvious ones to filter out.
You should use section targeting to tell Google which content sections to emphasize for relevance: (https://www.google.com/adsense/support/bin/answer.py?hl=en...)
To increase your click through rate you can place your ads in a better position, follow the heatmap:
(https://www.google.com/adsense/support/bin/answer.py?answer=...)
There are many other variables that come into play, something known as smart pricing can lead to huge swings in ECPC / CPM.
Then use maybe genetic algorithms to optimize those variables for ad revenue.
Maybe I'll still do it one day.
The last third of ad performance can be squeezed out by simple algorithmic optimization.
Mine might be better because I'd make it dead simple to use, and only target adsense. And I'd target small publishers, bloggers, etc.
It would need a way to track the effectiveness of the ads. Tracking ad clicks would be simple enough with JS, tracking how much you make would be harder. I don't know if adsense has an API for that or not.
Smaller sites will benefit disproportionately, because their fan base is probably more dedicated. So the "tip through rates" should be better. We'll see soon.
Alternatively, getting more targeted ads should help. If you know what your users like to see, it can be great. As Ads increase in relevance they approach content.
We're had around 15500 page views, not counting the buttons on third party sites like techcrunch for the first 2 days. I'll need to look at the logs for that.
Techcrunch earned around $70 per their post on tipjoy (so far), and that is raw conversion rate there. If more people had tipjoy accounts, the rate should be higher. Then again, people tipped to experiment and help our launch. Lots of factors here.
$70 per blog post isn't too bad at all, though they are a huge site.
It can vary a lot from day to day, month to month.
For comparison though, a site I run gets around 2,000 visitors a day and the adsense on the site makes about $40 a day.
(goes looking)
I would die of happiness if I could pull in $40 a day.
What site/market are you in?
Where are the ad placements?
Is it a blog, service, forum?
Is it 1000 visitors daily? A period? Is traffic ramping up? Down?
How new is the site? Are the visitors organic?
Are you counting pageviews? Hits? Uniques?
There's alot of companies out there now just building a site together in rails, and expecting to monetize fully on adsense...
Adsense isn't what it used to be. There are still people out there doing well on it. Just be methodical with your traffic. Continually improve it and learn to understand it.
44,000 = $34 for me