I have been debating for a month or so whether to start sharing monthly income reports. On one hand, I know its something that most people like to see because its both inspiring and informative, on the other hand it feels a little odd to share how much money I am making. However, after discussing it with several people (some for and some against), I have decided to go ahead and start sharing my monthly income.
The purpose in sharing these reports is to simply reveal what business strategies are working for me right now and to hopefully motivate you in your own business ventures. I offer these numbers simply as proof that what I have been talking about really works: Niche websites, Google Adsense, and other techniques. In a way, I hope these numbers help you cut through all the noise that you hear out there like, “Google Panda is killing niche websites”, “You can't make real money with Google Adsense”, or “Search Engine Optimization is no longer a good business strategy.” In my opinion, all of these statements are false – and I'm providing my income as key evidence for that opinion.
What I did in May
Before I breakdown the income numbers, I wanted to share what I have actually been doing to build my business over the past month. My focus over the past couple of months has been building niche websites. I don't know the exact number that I built in May, but for the period of April and May I started about 30 niche websites. I have already started to see a return on these new niche websites – about $10 a day or so. While I am happy with the way these sites are progressing, I have decided to start targeting some bigger keywords this month. These 30 sites that I built target low search volume (between 1k and 2k exact match searches primarily). So, instead of 30 sites, I expect to build about 3 new niche websites in the month of June that target higher volume keywords.
Also, in May I launched the Niche Websites Hub! This is a central location where I am keeping all of my posts that are related to Niche Websites. This is free information that you can use to build your own niche websites business. While this has not lead to any income on my bottom line, I do expect to start monetizing this blog in the future and I expect this “hub” to help add to the authority of my blog.
In addition, I am also planning on launching an iPhone app. As I have discussed on this blog here, I am in the brainstorming phase of this iPhone app and I will be sharing the details with you step by step as I actually get into building the application.
Finally, I have been working diligently on getting a new version of my Long Tail Pro software ready for release. One of my programmers on the project had to leave the job which has led to some unexpected delays. However, I still expect to get a beta version of this powerful new software out this month.
The Source of My Income
At this point, all my income comes from niche websites. I am not making money from coaching products or selling my own products to others; I am making 100% of my income from my own niche websites. So, I am NOT just someone that talks about niche websites and then makes a bunch of money off of selling you products about it. These sites get almost all of their traffic from natural search engine traffic from Google, Yahoo, Bing, or other search engines. I do get some traffic from other article directories or sites.
I currently have 183 niche websites. Lots of these sites contribute to the income that you see below, but many of my sites also don't make anything. Its just the name of the game. Most of my sites do make money, but there is always a few that flop. Although I have to admit that I have gotten a much better success ratio the longer I build niche websites – I'm getting better at it!
My Income Breakdown for May
Here is a quick breakdown of where my income came from this month. Remember, all of this income came from my 183 niche websites.
- Google Adsense – $15,362.62
- Niche eBook sales – $323.00
- Kontera Network – $103.97
- Commission Junction – $90.00
- Clickbank – $35.11
- eBay Partner Network – $18.72
Total May Earnings: $15,933.42
The “Niche eBook sales” comes from an ebook that I had written for one of my niche websites. This particular niche website is a career related website and so I hired a professional in that niche to write an ebook that I could sell on my site. Just wanted to clarify what that was.
I am extremely happy with my earnings and ever grateful for what I have been able to accomplish! I have worked lots of long hours over the past few years to achieve what I have at this point. The success of my business is opening up other opportunities for me to pursue – including helping others. In addition, I hope to be spending more time in the future improving the lives of others in some way. I hope to be able to give back in some way for the success that has come my way.
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My Highest Earning Day This Month
I thought it might be interesting to share how much I made on my highest earning day. Obviously you can figure out what my average day was last month, but every once in a while I will have a high earning day that surprises me. So, if you want to see how much money I pulled in on my highest earning day head over to the Niche Pursuits Facebook Fan page here. Simply click the “Like” button and you will see how much I made.
Yes, this is a shameless plug to get you to join my Facebook page! But I plan on sharing more on more through Facebook, so I hope to make it more useful for you to be a fan as well. See you on Facebook!
I am interesting in hearing your thoughts about my first official monthly income report. Let me know what you think and if you have any questions, let me know! If you liked this post, please consider sharing it on Twitter, Facebook, Digg, or other social networks that you see to the left. Thanks!