Update: Though I have had no issues with them, I have read several complaints about this website (including those in the comments here). So please use them at your own risk.

The following is a sponsored review.

I bet you thought banner exchange industry was dead? We all remember them from the late 90s… it was all the craze. But actually, there are several banner exchange websites still around, providing an excellent Internet Marketing service. Most of the banner exchanges I see these days are on online arcades or flash game sites. They do extremely well in that niche. But there’s no reason why it can’t be successful in all niches.

1800Banners.com is resurrecting the term ‘banner exchange’ and providing an efficient way for you to increase traffic to your site. When you join 1800banners, you will be able to add a banner to your website and earn free advertising on other publishers’ sites.

In addition to bringing traffic to your site, you can also earn money from it with their revenue share program. Earn up to $0.25 CPM and $0.15 per click! Once you open your free account, you can apply for revenue sharing. Once approved you will be able to sell your credits/earnings back to the network, you will also earn cash on a CPC basis.

They also are launching a new Webmaster Forum where members can earn points by posting and viewing threads. You can then turn those points into credits to buy more banner space.

I think this is a great website for people trying to increase their brand awareness or get started in a new niche. Building that initial flow of traffic can be tough. Give banner exchanges a shot.