If you had told me a year ago that I can make $100 a month passively online, I wouldn’t have believed you. Yet that’s exactly what happened last month.
So you can imagine how stunned i was when my gross passive income for this month doubled to just over $300! I have to say, if I knew it was this simple, I would have started building websites and monetising them a long time ago! Well, better late than never eh? In fact, I have made over $700 so far in 2016.
Note that I said simple, not easy. I can tell you it has not been easy. I have spent many hours on each and every post in my niche sites. Hours that I could have spent playing video games, or watching the latest TV series or movies. Most of the criticism I have seen so far about online income reports is that successful bloggers make it sound as if anyone can do it in 7 days. I most recently came across this at a marketing blog I discovered recently, ViperChill by Glen Allsop:
I would prefer to see how much work you get done each day and be inspired by that, rather than how much income you made because someone chose a to start their new website on a web host you recommended.
I think showing off your true activity levels would be so much more inspiring for beginners, and really show people you mean it when you say things like, “You’ve got to put in the work. You’ve got to take action.”
I agree 100% with Glen’s sentiment but the main reason I decided to do income reports is not so that I could push affiliate products such as web hosting or WordPress themes. The primary purpose of my monthly income reports is to show beginners month-by-month how my passive income has grown.
I created a passive income stream out of nothing. I did not buy my niche sites, I created them from scratch. I started with $0 passive income and today I have achieved something that you also achieve, but only if you have the motivation, a solid plan and are willing to put in the hard work.Genuine motivation, a solid plan and sheer hard work - this is my recipe for success in Affiliate… Click To Tweet
What inspired me?
I had seen many bloggers’ monthly income reports in the past with 4 or 5 figure incomes. But I never got inspired to try it myself. Why? Because I thought it was too difficult, too complicated, and too time consuming to do. But most of all, I simply didn’t think I knew how to do it right. It was only when I came across Reinis Fischer, a blogger from Georgia, and his monthly reports that I thought for the first time – I can do this. If he can do it, so can I.
The key detail that got me excited was that he had a blog that had been around for some time, he had been trying to monetise it unsuccessfully and then he tried something which worked. From mere cents, his passive income grew to over a thousand dollars. It is this slow but steady progression in monthly income, month by month, from 0 to single figures to double figures to triple figures, to 4 figures that really inspired me to consider monetising my websites.
Nonetheless, going back to Glen’s comments, he has inspired me to add that extra level of detail about how much work goes into creating and maintaining my passive income streams. So I will be sharing more details of how much time is needed per month to sustain my passive income business.
Details vs. Simplicity
I am a data driven person by nature. So its natural for me to share the most minute details of my websites’ traffic and passive income generation. But I have realised that this does not always add value. For example, is it really worth talking about the changes in the top 5 sources of international traffic? Not really unless there is a sudden shift! So going forward, I will drastically cut down on unnecessary details. While writing, I will attempt to think primarily of what will give you immense value, my dear reader.
Goal Achievement Check
In my last monthly income report, I had set two realistic goals for April:
- Write one high quality long article for Niche Site 1.
- Get PassiveIncomeIdeas.Online up and running.
Well, you can see that the second goal has been met! We will see whether I achieved the first one.
Niche Site 1
For over 2 years, Niche site 1 has lived in a shared hosting account with Hostgator. This has worked well in terms of load capacity and loading speed, even with the increasing traffic coming its way. This is because HostGator uses fast nginx-based servers with global DNS resolution servers, making them fast even without Cloudflare.
But in keeping with my aims of making it a popular authority site, I need to make it load even faster and be ready when traffic increases beyond the limits of a shared hosting account. The last thing I want my shared hosting account hitting its usage limits, being shut down and me losing out on affiliate sales! So I purchased an SSD VPS hosting package from KnownHost in April.
I chose a managed VPS package, which meant that KnownHost migrated my entire shared account from HostGator for free, without any downtime at all! The migration went off without a hiccup and niche site 1 was happily chugging away in minutes.
Niche Site 1 – Traffic
Google Analystics is the leading traffic analysis tool on the Internet with a market share of 83% 1. I use it to get visitor statistics such as unique visitors, most visited pages, bounce rate etc. But one issue I have always had with it is that I cannot reliably exclude website performance tools such as Pingdom, GTMetrix, WebPageTest or Sucuri.
When I migrated from Hostgator to KnownHost, I used these services extensively to tweak the VPS setup. This meant that I inflated the visitor numbers and so I will not refer to the GA data for April.
However, my estimation is that sessions increased by 21%, unique visitors by 24%, and page views by around 7%. These are well below the figures in last month’s report. I am still happy though. When the new articles get indexed by Google, I expect a lot of long-tail traffic.
Niche Site 1 – Income
Gross income is up a staggering 108%, while net income is up 95%. These are brilliant results for me. but I am not foolish enough to assume it will happen every month!
Niche Site 1 – Affiliate Marketing Income and expense breakdown
|Amazon Affiliates (US, UK, DE, FR, CA)||+$326.41|
|Hosting and Domain Expenses (Monthly)||-$52.46|
RPM simply tells me how much money I made per 1000 visitors. So what’s my Revenue per 1000 impressions (RPM) for April 2016?
RPM as defined by Google is:
RPM = (Estimated earnings / Number of page views) * 1000
I had around 5275 page views. So the RPM was $51.93 vs. $27.97 for March, a very good improvement. Not bad at all considering that my visitor traffic didn’t double! What I think happened is that Google sent more targeted buying traffic towards Niche Site 1. So you can see what a difference the quality of traffic makes when it comes to monetisation.
Niche Site 1 – Goals Review
My April goals for Niche Site 1 were very modest:
- Write one high quality long article for Niche Site 1.
You know what, I wrote not one but two high quality long articles in April! Each one is over 2000 words long. I strongly believe that longer articles are better for SEO than shorter ones. Of course they need to be high quality too!
Niche Site 1 – Grind Report
Borrowing the term from Glen Allsop, here’s my grind report for Niche Site 1:
Two long articles of over 2000 words – 8 hours in total.
This blog is now a couple of weeks old. Although Google has indexed it, I have received very little organisc traffic so far. Most of my traffic has been from a Reddit post I made and my Twitter activity.
I must say that I am surprised by the amount of traction I am gaining on Twitter. I just hit 30 followers. These are not people who followed me because I followed them. They followed me after I shared content, and in most cases I followed them back.
Of course, I made no money from this website in April. It’s just too early for that. I would give it 3-6 months before the organic traffic brings in targeted visitors in buying mode.
PassiveIncomeIdeas.Online – Grind Report
Altogether I spent around 15 hours on this blog in April. This went towards the following articles:
- March Monthly Traffic & Income Report
- How-to: Set up a WordPress Blog on your VPS
- The 30 Best WordPress Music Themes for 2016
- The Tools I Use page
Goals for May 2016
Focus on PassiveIncomeIdeas.Online and add at least 2 high quality long articles.
What, no goal for affiliate income? Well at this stage, I am happy if my online passive income ventures break even. I am not one to chase money. Its more that thrill that I get when I wake up in the morning and see that somebody has spent a $1000 or more through my website!
While I am not going to publish anything on Niche Site 1, I may start working on some article ideas if time permits.
AS always, I am eager to learn about how you are doing. How was April for you as an Internet Marketer? Did this post help you in any way? We are in this together. So let’s use our successes to keep ourselves motivated and reaching for our dreams!
- http://w3techs.com/technologies/overview/traffic_analysis/all ↩