There are many webmasters, who have small sites and often complain that these sites are not making money or are making next to nothing. While it can't be expected that a small site will always make big money, there are many cases when small sites do pay well.
In that aspect what matters more is not if the site is small or big but if it is getting a lot of targeted traffic. Small niche sites can be high traffic sites and as a result, it is possible to make money from them. However, not every small niche site can become a high traffic one.
But does this mean that a small low traffic site should be abolished? Not at all – there are ways to monetize small low traffic sites. Sure, the options to make money from a small site are more limited but they do exist.
CPM Ads Work for Small Low Traffic Sites
It is true that the most lucrative offers for CPM (cost per thousand) ads are reserved for high traffic sites but there are many CPM ad networks, which don't have impossibly high traffic requirements. Many (relatively good) CPM networks don't have traffic requirements at all, so it is not a problem for a small niche site to be accepted.
Pay Per Click Can Work Great on Small Niche Sites
In addition to CPM networks, Pay Per Click Networks (and above all Google Adsense) are a great way to monetize a low traffic web site. What is more, for a small niche web site, Google Adsense and the other Pay Per Click ad networks could be a much better option than CPM.