Welcome to my November 2011 income report!
I’m not a super blogger yet and definitely not making a living from my niche sites but I am doing my best to make money in my spare time, after doing a full day’s work, and hoping that each month’s income brings me closer to being able to earn a decent income online. I know some people will look at these reports and think that my earnings are peanuts but I know others who appreciate seeing these reports as they show what an average Joe is earning and that’s it’s not all about getting rich quick.
What happened in November
After a poor October I stepped up a gear putting more effort into my current niche sites and made some big steps towards my aim to have 10 sites up and running by New Year. In fact I can reveal that I have 9 sites now which is pretty cool and I’m already seeing the benefits of having more sites. As I mentioned in my last post a couple of these might be duds and a couple have very little content at the moment, but that’s to be expected, but more sites means more chances at being a success.
A couple of these sites are affiliate sites, providing reviews and affiliate links to products available on Amazon, and this is an effort to diversify my income away from solely Google AdSense. This is an important lesson for everyone. Just as you shouldn’t rely on just one site for your income, you shouldn’t rely on just one income stream, as you can leave yourself vulnerable. What is Google went bust? Okay that’s unlikely but what if your AdSense account was deactivated? It sometimes doesn’t take much to fall foul of Google’s rules, so look at other ways to monetise your sites.
I think that getting these affiliate sites to rank and start earning will be a lot harder than with traditional niche sites, but it’s another experiment and I’m enjoying learning new things. I will also be using social media to promote these sites so there will be less reliance on search engines and more reliance on other means of promotion including guest posts.
In previous reports I’ve given a site by site breakdown detailing how much each of my sites have earned but now that I’m increasing the number of sites it’s not really feasible to keep doing this. Another factor is that I don’t really want to focus on individual sites anymore but rather on what the grand total income is and how far away I am from my goal of making a decent living online.
Last month was my lowest full earning month earning Â£87.26 (US$139.06) and saw a definite drop from my peak earning months, but I’m happy to say I’ve bumped my earnings back up thanks to improvements to a couple of my sites which has resulted in a better CTR (Click Through Rate) as well asÂ a new site that started earning immediately.
November 2011 Income = Â£149.29 (US$234.25)
It’s definitely a move back in the right direction and I’m hoping that in a few months I’ll be back to what I was earning in the summer months.
Plans for December
I’m going to be mainly concentrating on my affiliate sites this month as well as keeping my other sites ticking along. I suppose that’s pretty obvious stuff, but I’m also planning to put together a spreadsheet of my sites so I can keep better track of them and how they are performing. At the moment I just have it all in my head which was fine when I had one or two sites but now I’m getting more I really should keep a record of earnings, links, rankings, etc taking a little bit of the guesswork out of my work. Do any of you use spreadsheets like this?
Plans for the future
Yesterday in the UK we had union strikes about pensions, changes to working conditions, and the increase in the age of statutory retirement, which coupled along with inflation, low wages, etc means that the future isn’t very bright for a lot of us. It’s my 31st birthday on Saturday and at the current rate I will probably have another 40 years of working before I can retire and get a state pension which will probably be very little indeed. I’ve known for a while that I will need to make my own plans for the future, and save for a very rainy day, and that is why I’m even more determined to do my best to earn any extra income I can and at the moment that is from these niche sites and the endless possibility they provide. I can dream can’t I?