I should start calling these Monthly Expense Reports since there’s not a whole lot of Income going on.
Again, this month will be quick and dirty with a side of commentary.
I had my highest revenue month for the year coming in at $272.38. The breakdown is as follows (previous month):
- PDF – $150.56 ($94.10 – 60%)
- Android Apps – $114.86 ($114.91 – NC)
- Adsense – $6.96 ($17.89 – 61%)
Expenses for the month totaled $406.22.
- TraffficKaboom – $197.00 – quarterly
- Unique Article Wizard – $67.00 – monthly
- MyArticleExpress – $53.88 – 4 sets of articles for UAW
- SEMRush – $33.30 – monthly
- TextBroker – $18.88 – On site article
- SocialADR – $17.00
- ProArticleWriting – $14.16 – 2 site articles
- e-Junkie – $5.00 – monthly
Net Income and Thoughts
So, running the numbers my net loss for the month was $133.84. For the year, my loss is now $313.49. I keep telling myself I’m building for the future, but unfortunately, reality is I’m just spinning my wheels and hemorrhaging money. I’m often reminded how they say the only people who got rich during the gold rush were the people that sold shovels. This is most certainly the case with me. My Apps and niche site product are masking the expensive nature of trying to make money dependent on Google and SERPs. I could have saved a lot of money going with free methods but have opted for the more automated approach (it takes money to make money). Below is the total spent on trying to build my Online Empire (Since June 2011):
That Link Building amount kind of jumps out and slaps you in the face. Below is the breakdown of that amount.
The major expenses here could have been avoided by just using old fashioned elbow grease. I could have spent time creating backlinks manually through article submissions, Web 2.0, and guest posts. However, that road was paved with hard work. I took the easier way out. My hope was to have about 30-40 sites working for me by now. With that number of sites, the expenses above would be better justified. Not when you only have 6 sites (actually 7, but launched on 5/1).
Below is a net income breakdown of my 6 sites. This does not include my niche product site or my Android apps. These six sites were built for the sole purpose of bringing in Adsense income. This summary includes only expenses are directly related to the site itself. The expenses here are domain registration, articles, images, and backlinking. The backlinking expenses are only those expense directly tied to a site such as articles for UAW and IMTalk submissions. Monthly expenses such as SocialADR and UAW are not included here.
A I’m Not Ranting About Penguin Rant
I plan on posting about what happened with my niche product site with regards to last month’s updates and some of my conclusions. Regarding my adsense sites, site #6 was completely blown up. It had a few keywords in the top 10. The highest major keyword fluctuated around the 5 or 6 spot. Per LongTailPro, this site is now ranking #73. For the higher traffic keyword that the site was built for I was ranking between 9-11. It is now ranked #326. My overall search traffic from 4/25 – 5/5 as compared to 4/11 – 4/21 was 15 vs 92, an 83% reduction. I’ll post more later, but this site kind of deserved it (at least from Google’s perspective). It had 31 links with BMR, spun article blasts with AMR, UAW, TrafficKaboom, Article Ranks, SEO Link Monster and probably a few others I tested out. The thing is, this site never dropped until Penguin. I would have expected Panda to wipe this one out.
Some of the other sites have seen an increase in traffic (and earnings). I’m on track to make more this month than last – Estimate May = $11.00. As for Site #6, it may be a lost cause. I might purchase a new domain and reuse the content. But most likely (taking the lazy way out), I’ll probably just ignore it over the last 3-4 months and see what sticks.
I’m not sure what to do next. I have a few UAW submission sitting in the chamber and a couple articles waiting to be posted. I’ve been focusing on repairing my niche product site since it is the bread winner.
This is the part where I beg for comments. So… what do you think? How did you do this month?