Now REVISED with actual payouts.
Earnings mean you work for your money, and income could cover a number of nefarious sources of cash. I am still calling it earnings for May, thought technically it’s royalties and commissions this month, as I had an irritating month as far as being able to spend good juicy time writing. The outsourcing evaporated as my freelancers got busy with summer. I was called in unexpectedly to work as a dental locum this month and as it was a favourite office of mine that needed me, I had to say yes. So I lost 3 weeks, although I could use the wireless Internet in the hotels. The nearest place I worked was 3.5 hours from home.
I am looking forward to the day when there is no doubt in my mind as I say “No thanks”, and that day is coming soon thanks to my online earnings! I don’t expect to replace a full dental income with online earnings, and am willing to live on a lot less to do something more inherently enjoyable and fun and way less stressful. I think eventually the income will build as my royalty-type earnings pay the bills, and free up my time to learn and try more income adventures online.
Anyway earnings-wise, May was a corker and highlights are I had some custom software made to speed up one step of my keyword searching, and learned cPanel and how to set up WordPress blogs. I never really map out my months, I just go by what interests me, and I did make some headway, though it was random as usual.
May 2012 Online Earnings
Zazzle $144.45 (someone bought 600 postcards with one of my chickens on)
My IB/Seekyt/Wizzley Amazon.com $222.98
Amazon.co.uk £48.09 or $72.14US
Clickbank $61.28 (chicken coop plans for my hobby farming niche)
$1623.94 (incl. conservative $150 estimate for adshare)
EDITED July 13th with actual Squidoo earnings, it was not $1623.94 but $2116.77. Difference is $492.83 higher than I thought!!!
Old Total is $2195.95US
Revised total for May is $2688.78
Average earnings per article (with Squidoo adshare estimate included) $5.20 per article, that is up from $2.43 per article last month.
I only added 4 more articles this month and my income more than doubled, I think it is articles maturing, as at least 2 took off like this one in one of my profiles. Believe me, I wish I knew what caused it. Obviously Google picked it up somehow. It had been selling an Amazon item daily since the jump.
I can tell you on this page, in a given day, about 20 of the Google search views come from about 3 keyword phrases, almost all the others are unique with one hit per phrase! This article earned me $104.29 this month from Amazon and that was after sharing 50% with Squidoo, so take your time and use your LSI and synonyms.
I am not much of a back-linker, just the bare minimum to get things indexed. There were no linking sprees with any of these. I like each article to stand alone and be useful to the reader, and not be there just to support another article. I think that is why the average earnings per article is higher.
I just realized based on my commission rate I sold about $58,000 of Amazon goods in May, which is about right as it seems to average about $2000 a day. Best day was $4800, but I had 3 days that topped $3000 in sales and many in the $2000s and $1000s.
Interests (not really goals) for last month
After listening to all 18 Adsense flippers Podcasts in April, I was inspired to think about setting up websites and doing something with some domains that I’d had since Nov. I actually blew all of March’s earnings on domains, gulp. I had planned on spending maybe $200, but once I had my keyword research done, there were so many Exact Match Domain (EMD) .coms that I thought looked good, that I had to have them, 55 domains later! I think they were all available because I go for low search volume.
I also bought Chris Guthrie’s Site Finder Pro and watched all 4 hours of video in one sitting one day before work. Not only do I have an idea of how to buy at auction, but I have an idea of how to document my sites for sale if I ever decide to.
So I actually set up two WordPress Amazon niche sites, it was so much easier than I thought. It was partly my work, partly outsourced, and the main page of one is ranked #3 for the kw on Google after 9 days and the other #8 after 12 days and has 5 pages other in the top 60. The second earned 17 cents in Adsense already. Both sites have had Amazon click outs but no sales yet. I am kind of experimenting with size, number of pages and format, as I have another 70 odd domains to populate. I did earn $1.04 from Godaddy Cash Parking but can see that is not going to pay for the domains.
The plan is to continue to input all my earnings back into the business til August then draw a modest income and stop working a job, and it looks like I’m on track. There is always that niggle that nothing is forever and affiliate accounts and websites can come and go. By diversifying and getting the earnings up on my own niche sites, I can lessen by dependence on Squidoo as I fully recognize that without Squidoo, I would have made the more usual $572.01 for 422 articles.
So I went to Fiverr and now have a custom program to speed up my kw research. I have always been hands on and intuitive when it comes to kw research, and seems to constantly be evolving, and I often do not use the programs exactly as intended. It is so cool to see the software go through a big list quickly, and I am totally learning to spot patterns and promising phrases before I get them into a spreadsheet.
I go for very low competition and am learning from older articles getting more traffic (that I did when I didn’t know any better for more competitive phrases) that I can probably compete better than I thought, but what I have been doing is working so I should do more, though I bet the potential growth over time will be smaller than an article or site based on a highly searched phrase. I have experimented with some new parameters with similar search to competition ratios, but way more pages and searches to compete for. I just don’t want to have to back-link to rank, so will see how these go. It is so new, all I can tell you is they are not getting much traffic yet.
I started listening to Chris Guthrie’s “How to make money online” and to Pat Flynn’s “Smart Passive Income” podcasts in May with all my driving. I still have another 20 of Pat’s to go. I am trying to educate myself to other online businesses and paths, and also prepare my subconscious to recognise opportunities and what is involved in true success online. There are a few things becoming clearer, but I am in no rush. These guys have some interesting guests and great helpful content and are well worth a listen.
Stuff I didn’t get to (yet)
I had been looking at selling Squidoo lenses and haven’t got any further in setting something up for sales yet, though now I can do WordPress, I may set a site up for that. I think I will have to keep them at least 6 months before selling as evidenced by the traffic/jumps I got in May.
I didn’t get any more Adsense studying done, though I likely will do that when I get the sites up an earning something while steadily adding to the Web 2.0 articles. I will likely go straight to Adsense sites over Web 2.0 as the pay seems to be some much lower for the effort, though I admit it is hands off really. I think I will need a different set of kw ratios and criteria for Adsense sites, way more searches.
More Stuff for June
June is going to be busy too as I have more work booked, after this first week off, but if it is anything like May, it should be all good.
I am trying something else and outsourcing a number of 1000 word articles/single page website main pages, through an online company, as I need reliability and steady production and quality all at once. The software on the site is awesome for keeping track of long term projects and getting you exactly what you need. The 1000 word pages I am hoping rank well due to their content.
If web sales take off I will expand the best websites with more content and posts and reuse that 1000 word content somewhere, if no sales, then maybe I will build them up a bit anyway. I am going to be collecting data and making sense of all this as it is still all so new. I love this side of things, experimenting and looking for patterns.
My articles earn pretty well, so of course I have to do more. May was kind of a loss for adding new content, a lot like Dec/Jan when I spent a month working on Zazzle. I will feel happier with “more” articles published.
Along with sharing tips on with this site, I am considering writing a “How to do well selling Amazon on Squidoo” e-book, so all the info I have been posting on Amazon selling, and making the most of Web 2.0 in various articles is in once place. If you think you may be interested in the future, comment or just keep a eye on this spot. I am working on a spam-less email sign up, but I am still a bit new to WordPress! Lil Black Dress has been helping me, but I have been dying to post this report, and am so imaptient, I’ll do that later!
I am also considering doing some step by step videos for both how to do articles that sell and likely websites once I know what I am doing works.
So words of wisdom. I don’t really have any right now, though I will be posting more posts on here on specific things you can do that will help your Amazon income on Web 2.0 sites. I hope I can report on the niche sites too, but it’s early days.
I’d love for you to comment and any questions you ask may be topics for other posts. I know I was aksed about the scraper tools so worked on this today, Keyword Scraper Tools I Love to Use and How I use Them