I am looking for some web marketing gurus to help me out here. I have a relatively new website and was approached by an advertiser who wants to either pay for a link (monthly) on my site OR exchange links. I am trying to decide which approach is better. Since my site is new and doesn't get a lot of traffic yet, I can't see charging very much for the link. The advertiser's website has a pagerank of 4, while mine is not ranked. I am thinking the link exchange might help improve my pagerank. Which approach do you think is better? What would be a good starting point for text link pricing?
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