A blog’s RSS feed is very important for it’s success.

Through the RSS feed, the blogger(you) can keep his readers with him, returning for more content every day, and through the RSS feed the readers can easily check for updates on the blog.

There’s only one problem with RSS feeds: They are much harder to monetize then ordinary web pages, mainly because you can’t place Javascritp in your feed, and since both Adsense, and most other Advertising networks work on Javascript, you can’t place any ads on your feed.
Also, tracking your RSS feed is pretty hard, yet again, because Javascript, and for that matter any other type of scripting, is disabled.

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However, there is a solution for both problems.
For the tracking problem we have a well known solution - Feedburner. Feedburner tracks all your feed activity, including the number of subscribers, which RSS readers are used, number of clicks, which bots accessed your feeds, and much more.
For the monetization problem there’s a less known solution - pheedo. Pheedo let’s you ad PPC ads on your RSS feed, and get paid for every click on the ads, just like adsense.

There’s only one problem left. These two services don’t work well together. And for long time I was running Pheedo ads that gave me no revenue at all, no matter how much clicks I got on them.

A few days ago I’ve made a few changes, and Voilla! I’m making nearly 50% from my Adsense revenue through Pheedo, without the Adsense revenue hurt in any way, since those visitors who see the Pheedo ads, never see the Adsense ads.

Anyway, here’s what you have to do to make Pheedo work with Feedburner.
(note: this tutorial is written supposing you are using Wordpress)
a) Sign up to both Pheedo and Feedburner.
b) In you Pheedo account, set up a feed, and select the “purple” configuration.
c) In the feed URL, write http://your.domain.name/wp-feed.php (note: do not write http://your.domain.name/feed/ or any other permalink in the feedURL field).
d) Set up a feedburner feed, and put you pheedo feed URL(http://www.pheedo.com/f/yourfeed) as the Original Feed in Feedburner.
e) Set your blog to redirect requests for your feed to Feedburner. This can be easily done with The FeedSmith Plugin.

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This will redirect all people clicking your feed buttons, and those going to http://your.domain.name/feed to your feed, that’s tracked with Feedburner, and monetized with Pheedo.