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Ad Network & Publisher Monetization Research: MoneyTag vs Adsterra vs PropellerAds

A practical, researched comparison of the three biggest ad networks for small publishers. Realistic RPMs, approval thresholds, format tradeoffs, and a rollout plan from 0 to 100k visits/month.

The honest ad network playbook for small publishers

If you’re a small publisher (under 50K visits/month), the ad-network landscape is confusing. MoneyTag, Adsterra, PropellerAds, Ezoic, Mediavine, Raptive — they all sound similar until you apply and learn what’s actually different.

This is the research I wish existed when I started. Eight weeks of testing, reading forums, talking to other publishers, and tracking actual revenue.

TL;DR — The stack I’d build

  1. 0 - 1,000 visits/month: No ads. Affiliate links only.
  2. 1,000 - 10,000 visits/month: Monetag (or none). It’s the lowest entry bar and pays a baseline.
  3. 10,000 - 50,000 visits/month: Monetag + Adsterra layered, with PropellerAds as a backup fill.
  4. 50,000 - 100,000 visits/month: Apply to Ezoic or Mediavine. Leave the others.
  5. 100,000+ visits/month: Mediavine or Raptive. Nothing else compares.

Below: the detailed reasoning.

MoneyTag (now Monetag)

What it is: Adsterra’s sister product (same parent company), spun out as a separate brand for publishers who want a lighter ad experience.

Entry threshold: ~1,000 visits/month. Officially “no minimum,” but they don’t really accept below 1k.

Strengths:

  • Easiest approval process
  • Modern dashboard with clean reporting
  • Web Push notifications are a unique offering (subscribers opt in, you can send them later)
  • Popunders are the highest-paying format they offer

Weaknesses:

  • Pay per 1k impressions (RPM) is on the lower end — $1-3 for tier 1 traffic (US/UK/CA)
  • Popunders are intrusive. We get it. They pay.
  • Limited ad format variety vs Adsterra

Realistic RPM (US traffic): $1.50-3.00

When to use: Your site is between 1k and 50k visits/month, you don’t qualify for premium networks yet, and you want a baseline income stream.

Verdict: Best starting network for sub-10k publishers. The popunder format is the real money, but it costs UX. Use it judiciously.

Adsterra

What it is: Established ad network (since 2013) with the broadest format catalog in the entry-level tier.

Entry threshold: Officially no minimum, practically ~3-5k visits/month.

Strengths:

  • Ad format variety — popunder, social bar, native banner, push notifications, interstitials, direct links
  • Higher RPMs than Monetag for the same traffic (typically 10-30% more)
  • Smart CPM bidding (their algorithm optimizes per visitor)
  • Self-serve platform — no account manager needed

Weaknesses:

  • Approval is stricter than Monetag
  • Popunders dominate revenue — 70%+ of income is usually popunders
  • Less transparent about traffic quality requirements

Realistic RPM (US traffic): $2.00-4.50

When to use: You’re past 10k visits/month and want to maximize revenue per visit. Pair with Monetag so Adsterra fills what Monetag doesn’t.

Verdict: Best mid-tier network for the 10k-100k range. If you can stomach popunders, this is the real money maker.

PropellerAds

What it is: Established (since 2011) push-notification-focused ad network with growing display and native formats.

Entry threshold: ~5,000 visits/month.

Strengths:

  • Best in class for push notifications (subscribers opt in, you can monetize them over time)
  • Clean, modern dashboard
  • Support is responsive (rare in this tier)
  • Smaller minimum payout ($5 vs Adsterra’s $100)

Weaknesses:

  • Lower RPMs than Adsterra for the same traffic
  • Push notifications can feel spammy if not configured carefully
  • Less brand-name recognition means lower CPMs

Realistic RPM (US traffic): $1.50-3.50

When to use: You want a backup fill network, or you specifically want push notifications as a channel.

Verdict: Solid backup. Not the highest paying, but the dashboard and support are best-in-class. Keep them as a fill network.

The 4-network comparison

MonetagAdsterraPropellerAds
Min traffic~1k/mo~3-5k/mo~5k/mo
Approval easeEasiestModerateModerate
RPM (US traffic)$1.50-3.00$2.00-4.50$1.50-3.50
Format variety5 formats8 formats6 formats
Popunder impactLowHighestModerate
Push notificationsYesYesYes (best)
Dashboard qualityGoodGoodExcellent
Min payout$5$100$5
Best forStarting outScaling upBackup fill

The premium networks you should be aiming for

When you cross 50K sessions/month, apply to:

Ezoic

  • AI-driven ad placement (they choose positions, you earn more)
  • $20 minimum payout
  • Accepts from 1k visits/month but pays meaningfully more at 10k+
  • Mix of premium + backfill ads
  • Realistic RPM at scale: $15-25 for US traffic

Mediavine

  • Premium network, the gold standard for lifestyle/content publishers
  • Requires 50K sessions/month (in last 30 days)
  • 75% revenue share to publisher
  • Realistic RPM: $25-40 for US traffic

Raptive (formerly AdThrive)

  • Sister to Mediavine in tier, sometimes higher-paying
  • Requires 100K pageviews/month
  • Higher entry bar but pays the most
  • Realistic RPM: $30-50 for US traffic

Google AdSense

  • The default. Lower RPM than the above but easiest approval.
  • Realistic RPM: $3-8 for US traffic

The math: at 50k US visits/month, Mediavine pays more in a month than Adsterra pays in a quarter. The premium tier is worth the wait.

If you’re starting from zero:

  1. Today: Affiliate links only. No ads. Build content. Build trust.
  2. At 1k visits/month: Apply to Monetag. Add ONE popunder per page.
  3. At 10k visits/month: Apply to Adsterra. Layer their smart CPM on top.
  4. At 30k visits/month: Apply to Ezoic. Run them in parallel with Adsterra as backfill.
  5. At 50k visits/month: Apply to Mediavine. Sunset the others when approved.
  6. At 100k visits/month: Apply to Raptive. Pick the highest payer.

What I learned the hard way

  • Popunders are 60-80% of revenue. Hate them or not, this is the math. UX-conscious networks pay less.
  • Traffic source matters. US/UK/CA pays 3-5x what other geos pay. Facebook/TikTok/YouTube convert better than organic search for affiliate + ads.
  • Multiple networks beat one. Layering Monetag + Adsterra + Ezoic gave me 40% more revenue than any one alone.
  • RPM varies month to month. Q4 (Oct-Dec) always pays the most. Q1 (Jan-Mar) always pays the least. Plan around this.

What to watch in 2026-2027

  • Cookie deprecation — Chrome is killing third-party cookies. Networks that don’t pivot to first-party data (Plausible-style analytics + email list) will pay less. Privacy-first networks (Mediavine, Raptive) are positioning well.
  • AI-generated content crackdown — Google is actively demoting AI-only content. Ad networks pay more for human-reviewed content. We’re riding that wave.
  • Short-form video traffic — TikTok and YouTube Shorts send engaged traffic. The networks are starting to differentiate this traffic and pay premium for it.

What I’d avoid

  • Networks you haven’t heard of with names like “ClickAdu” or “Ad-Network-Pro” — many are scam fronts.
  • Anything requiring upfront payment — legitimate networks pay you, not the reverse.
  • Aggressive popups that cover content — Google penalizes this and you lose SEO traffic.
  • Auto-refresh ads — Google penalizes these too.

Final verdict

If you’re a small publisher: start with Monetag, layer in Adsterra, graduate to Mediavine. Use this article as your roadmap. Don’t settle on one approach. Re-evaluate every quarter.

And remember: ads are a complement to affiliate income, not a replacement. The publishers doing best right now are the ones with the right balance of both.


This article is updated quarterly. Last refresh: August 2026.

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