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Forums typically generate revenue through adsense and other affiliate programs. I personally find it hard to promote a webmaster forum though.
I have tried writing articles and submitting them to article directories, posting in similar subject forums, commenting on relevant blogs, submitting to directories, and submitting to social bookmarking services.
I feel that is a pretty good mix of promotion techniques all free. I have also done some forum post trades and that is where most of my posts have come from.
Besides that I am just receiving spam posts that I have to delete. Just wondering if you guys could suggest any other promotional techniques.
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