During my highest months, I've earned $5,000+. last month, in stark contrast, was a fraction of that at less than $1,000 earned from residual income sources online. In fact, it's the lowest month I've had since I embarked on my residual-only business plan.
As those of you who follow my blog know, the largest source of my residual income, eHow.com articles, were purchased from me by Demand Media in March. Thus I no longer have that revenue stream, am and relying on my own small sites and blogs to earn money through ads and affiliate links.
2011 Still a Record
On the positive side, my residual income for this year as a whole will be my best ever, since the one-time buyout payment was also residual income. So, when I look at this year as a whole, I know it will be a great success income-wise. The monthly picture, at least during the summer when interest in my top niches wanes and traffic to my sites is down, is less encouraging. But, and here's the good part -- it's truly motivating. I have to re-focus my efforts, build up my best sites and work harder to make a go of this so that my 2012 income is back where it need to be.
Here are my sources of income and numbers for last month:
June Residual Writing Income
- Adsense $488.89
- PCo affiliate $104.19
- Amazon $92.07
- Demand Studios $91.35
- WA affiliate $66.50
- NB commissions $49.90
- clickbank $40.04
- cj.com $5.40
See what I mean? Nothing exceptional -- everything was down compared to May, the previous month, which saw over $2,000 in revenue. Time for me to get back to work -- what about you? How are the summer months treating your income?
6 comments:
Sorry to hear about the drop in earnings. The one thing I can bet, however, is that you’re going to do what it takes to get back to where you were before.
My residual earnings took the biggest hit in April (excluding the eHow payment), but are starting to climb back up. Hopefully you’ve bottomed out and are on the upward trend.
Thanks so much, Felicia, I appreciate the vote of confidence!
I'm so impressed with how well you've bounced back -- and hope to do likewise. Onward and upward!
That really stinks about last month's residuals. When DS bought out eHow's rev share articles, I lost my only source of revenue and now, with you as inspiration, I'm trying my hand at blogging and getting my feet wet in affiliate marketing. Lots to learn here.
I think the drop (for you, since I don't make anything yet) is likely because during the warm summer days, folks want to be out and about. They spend less time at their computers, I'm guessing.
I am thinking about putting my blog on the DMS blog network. I wonder if that will increase traffic.
I know you will be back on top again very soon. I've followed your success for years. You are the motivation for many of us writers. Keep on keepin' on.
For your freelancing niche, $488.89 in Summer is still good. During this time, everyone is on holidays and sales tend to be slow. You may say people go out a lot and that things should be quick impressive but it is rather the other way round.
I have seen a steady drop in residuals over the past few months and have decided to completely change tactics. I started a family blog and am building it up so that hopefully it will earn some affiliate income in the future. I am also working on an e-book that will launch in the Fall, so that may help.
You have always found a way to diversify your income and get ahead of the game and I have no doubt that you will find a way to increase your earnings again.
So far, June is the lowest month, but August could steal that designation as well. It just seems so random. I will have to look at what is going on in a year from now after my new blog has some time under its belt.
Post a Comment