This is already my eight Online Income report this year - covering my online income for month of August 2014.
In brief - August so far has been the absolute best in terms of online income. In total I earned $95.03 what is a 343% growth if compared to last month ($21.41) In absolute numbers I earned $73.62 more than in previous month. $95.03 makes average $3.06 per day, what is up from $0.69 last month.
For me such a leap is a great achievement, and I'm very proud of myself.
In fact - last month I earned more, than in previous seven month combined.
Now, there is a one pattern I have noticed - Affiliate pays of more better than contextual ADS like Google Adsense.
In August I have done Google Adsense and three affiliate marketing promotions - Booking.com, Hotels.com and Amazon.
I have found following:
- Google Adsense makes pennies - but I'm fine with that
- Hotel industry is just way too competitive - in hour days it's hard for a small blogger to compete with major brands
- Amazon is my best finding last month, in fact most of the earnings I earned - have been made from Amazon.
My August earnings were around a minimum wage in Ukraine ($104). By making more than 3 bucks a day, I'm officially above poverty line (2 dollars)
Now lets break things down:
|Earnings $||% of Total|
As I said at start of this post, and as you can see from table above - my biggest surprise and finding is Amazon. It generated me more than 85% of revenue. That's awesome!
Now I would like to ad a new measurement - RPM
Those of you who are using Google Adsense, are already familiar with term of RPM - which stands for earnings for 1000 pageviews/impression - Reach per Mile.
I decided to create my blog's overall RPM covering not only Adsense, but all other income streams combined, to measure RPM I must reveal how many pageviews I got this month.
For tracking website visitors statistics I'm using Google Analyitics, and according to it I got 5,002 Unique Pageviews (not counting in all Pageviews)
My combined RPM Stands for $18.99
That much I earned for each 1000 unique pageviews in average in month of August.
I really like this number!
Last month when I tried to predict my earnings for month of August I hardly could imagine this will turn out so great, this is what I said:
I will stick with my modest forecasts - honestly speaking anything above single digits will be great, but to keep me in shape I will forecast $15-20 for this month.
I have not only got those results, but quadrupled them - awesome!
Now, that leads me back for September predictions - again and again - I'm not willing to get self-fooled and I will not predict anything giant. My overall prediction for September is modest - anything above $45 will be a great result.
Speaking of longer term goals - one of them is to get over $200 in this year. For 2015 I'm already fantasying of goals like $500 and $1000. Hope this September will give a good results and my "dreams" won't be wiped away.