Do you ever wonder how much money this site makes per month? How does it generate the income? Where does it come from? All your questions will be answered in this post.
As expected, these earnings reports have been a big hit (I started doing this in April, 2011). 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 January, 2012.
January 2012 Earnings Report
Ahh, the first month in 2012! Since I have begun the 30k Challenge, I have become much more focused and am working toward a regular income of $2,500 a month (do that each month and presto! I’m at $30k).
Clearly, I didn’t reach $2,500 this past month, but it was nice to bounce back none-the-less. Hopefully the low earnings in December were just a flook, and these $1,500+ months continue for a long time.
Let’s first take a look at the break-down, and then see what we can do to improve next year!
Breakdown of the Earnings: January 2012
Adsense – $63.09
Staff Writing – $133.88
Link Ads/Widgets – $900
Sponsored Posts – $462
Affiliate Sales – $0
Total January 2012 Income – $1,558.97!
I predicted that I’d make it over $60 in last month’s income report, and low and behold, I did! Toward the end of the month, I discovered that when I write about blogging or getting out of debt, not only does my click rate increase on the ads, but I get paid more per click as well!
As I stated last month, I did put up an Adsense block on my new site, Creating A Passive Income, but it only yielded me a whopping 13 cents! Lol. It’ll pick up I’m sure, but it wasn’t much of a help in January.
Once I increase the readership at Creating A Passive Income, I bet I could start earning $100 per month with Adsense. That sounds kind of nice, huh? 🙂 I bet that will start happening in May or June 2012.
Since I wanted to build up some links for the new site, I made a point to write a couple of articles for all of the sites that I staff write for. So, in came the earnings at the end of this month! I wrote 6 posts and earned $133.88.
In the beginning of January, I landed a great widget link deal that was worth $900 for the year. I think they will do quite well on my page, so they were willing to pay a bit more – it was clearly a win-win on this one.
No other links happened this month unfortunately. I’m hoping to land a couple of deals in February.
This area was pretty slow again this month. There weren’t too many inquiries, so naturally there aren’t a large number of deals to talk about. I had only 4 sponsored posts this month which were worth a total of $462.
Once again, I got skunked on the affiliate links, so as of yesterday I decided to place an iPage affiliate ad on my homepage. It has already received quite a lot of attention, and I’m hoping to land a few sales with it in the month of February.
Recap of January, and Expectations for February
January was a nice bounce-back from my low(er) earnings in December. However, most of my income came from a single widget deal, which makes me a little nervous for the upcoming months, but I have a few things brewing that I think could raise my income to an all-time high.
Moving My Affiliate Ad
I moved an affiliate ad banner to the homepage yesterday and it has already received 4 clicks in its new location. There haven’t been any purchases yet, but based on the increased level of interest, I predict that there will be 2 or 3 iPage orders in the month of February, which would result in $210-$315 in affiliate sales.
Increase Adsense Revenue
Because of my new site, I think my ad revenue could get up to $70 in the month of February, which will be a nice boost from the previous months.
Reach Out For Ad Deals
Before mid-February, I plan to reach out to all of my advertisers and let them know I’m planning to make some deals (yes, I know, I was supposed to do this in January….). Hopefully this will result in some more ad revenue.
I’m currently editing my book (yes, it is fully written) and working on the cover design. I’m not certain that it will be ready for purchase in February, but there is a chance that it will be, so there’s some potential for income here.
My Online Money Bloggers Site
This site is about ready to explode, and while my business partner and I don’t want to load it up with advertising, I think it could do very well with some affiliate ads. I’ll be watching for this to improve my overall revenue very soon.
Wow, there is a lot more opportunity in the future than I thought. I bet I could earn close to $2,000 in February, and nearly $3,000 in March. Keep an eye on these income reports. It’s starting to get exciting! 🙂
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.