Do you ever wonder how much money this site makes per month? And, how does it generate the income? Where does it come from? All your questions will be answered in this post.
As expected, my first few earnings reports were a big hit (I started doing this in April). Not only is it of great interest for my blogging friends, but I also believe that my readers have a right to know how this site is being funded. So, with no further ado, here’s the earnings report for October, 2011.
October 2011 Earnings Report
I think this has become my favorite post each month! Making money is not the only reason I blog, but it sure makes it fun!
I had a few big deals in October, which helped boost my earnings from the previous month. You might not be able to tell from the graph, but my earnings in October actually exceeded my earnings in July. Looks like my earnings are back on the up-swing! 😉
Breakdown of Earnings: October 2011
Adsense – $46.80
Staff Writing – $50
Link Ads/Widgets – $830
Sponsored Posts – $820
Affiliate Sales – $0
Total October 2011 Income: $1,746.80!
October yielded my best Adsense earnings ever, and I really haven’t been tweaking the ads at all to try to gain additional income. However, I noticed lately that one of my blogger friends is making nearly $100 a month with Adsense, so I decided to make some changes for November. Come back next month to see if my alterations made positive impact.
With my recent home purchase, I have become a busy man and staff writing has really been a tough thing to make time for. I try to keep up with one of the sites, but I still fail once in a while and forget to write an article.
In the month of October, I wrote 2 articles and earned $50. Not too shabby, but I could really do more. Once the house is done, I should be able to get this income up to $200 or so.
I earned quite a lot of money this month by selling links on my site. I gained a couple of homepage links and a widget for 6 months, plus I earned a little extra on my sponsored posts by linking to the company’s article (within my site) from my homepage. I don’t mind too much because it’s not hurting my rank. After all, I’m just linking to one of the posts within my site.
I absolutely love sponsored posts. Most of the time, the post provides valuable information for my readers and has only a link or two to the company that provides the post. Not only are they helpful for my readers, but they don’t take much effort on my part.
The posts are written by the advertising agency, so all I have to do is put it up on my site, which maybe takes 10 minutes. Plus, now that I have developed a relationship with a few advertisers that know my rates, they just send me the article and deposit the funds immediately. They know I’ll get them posted without delay.
In the month of October, I posted 8 sponsored articles on my site and earned $820.
I have recently posted a new page, “Start Your Own Blog” which helps out those that want to start their own blog, but don’t really know how to take the first steps. It’s a great tool for the newbie, plus it benefits my earnings because it has a few affiliate links. So, hopefully we’ll see a rise in affiliate earnings in the next couple of months (it’s no fun to report $0). 😉
October really was a great month. I didn’t feel like my site was consuming my life, and my earnings jumped $700 from the previous month.
I can’t wait until I get my other ventures going (eBook, other sites, etc) – I might have a month where I make $3,000 pretty soon. Wouldn’t that be crazy!?
Since July, this site has generated over $7,000 of income. If this trend is consistent (and I really think it could easily be), that means I could make $21,000 a year! As a “side-gig”, that is pretty exciting. What’s even more exciting is that I could do more! I can start up a few additional sites and earn an income that exceeds my day-job salary! While this may not be easy, it certainly is possible.
Pretty sure my goal for 2012 will be to earn $40,000+ from online ventures. Do you think I’m crazy??? 🙂
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.