RRSP season at work is now over and the month of February just flew by. It’s time to look at my income report and see what has been going well or not ;-).
I’ll be adding 2 more things to my monthly income report:
– Niche websites revenue
I’m currently trying to build small money making machines. My first 2 attempts are Home Security System Canada and Second Hand Saddles HQ. While these two websites are still under construction, I’m already starting to make money from them. This is why I thought of including their stats separately.
– Network Monthly Traffic
No, I won’t give you the stats per website. This is too time consuming for me and it doesn’t bring much value to the exercise. However, I will now be providing the number of visitors and pages viewed from month to month. I thought of adding this metric since some people think they can make 5K per month with 10,000 visitors… well it requires way more visits than that!
So here we go:
Network Monthly Traffic: 212,495 visitors and 297,626 pages viewed
As this is my first public month, it will set the base for comparison with other months. To be honest, this is our biggest month ever ;-). Our articles on Intelligent Speculator and The Dividend Guy Blog have been picked up very often across the blogosphere and The Financial Blogger has reached another level of daily visitors (+20% since January). It may be related to my switch in direction? 😉
Adsense Income: $3,212.15
This is without a doubt a great surprise to see my adsense income jump this way. In December, we had integrated another website to our network and we increased our overall traffic in January. This is why the January payment (received in February) is so high.
The good news is that my month of February is even better in terms of Adsense. Considering that this is the smallest month in term of days, it’s looking good for March ;-). The secret for Adsense income? You simply have to get more search engine traffic! Clicks come easier with SE visitors ;-).
Affiliate Programs and Brokerage deals: $606
I’m still waiting for some checks but I know that there is money somewhere ;-). Sometimes, I feel that I don’t push affiliate program as I should. On the other hand, I don’t want to bore people with tons of promotions. It’s definitely hard to manage!
Private Advertising: $4,276
I’m currently working on dropping my private advertising revenue as I want to move towards more affiliate and Adsense. This is working well so far and I am pretty happy with the outcome in this category.
Niche website revenues: $45.03
This is a small amount but a big start. The sites are not fully optimized, the content is not all written and promotion is just starting. I hope to get each of my niche websites to earn at least $100 per month by the end of 2011. I think it’s heading the right direction for now ;-).
Just note that the niche website revenues are part of the 3 above categories and not added to them to the total.
Total monthly income for February: $8,094.15 (+6.13%)
This is definitely an interesting start for our second month as we already show a small progression. I can tell you that we started March with some great checks so we should be able to equal this mark :-D. Stay tuned!
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