I have three content sites catering to pretty narrow niche markets. Can I go directly to other sites which sell products of interest to my visitors and sell them on the idea of buying a banner ad on my sites for a fixed monthly fee? If the price is high enough, I'd even identify them as the "page sponsor" like I have seen another successful site do.
If this is possible, how do I determine what to charge as a monthly fee? That's where I get stuck.