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4:57 am
December 3, 2011
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Derek@LifeAndMyFinances
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I have recently posted my monthly earnings report on my site, and I'm beginning to notice that they've plateaued. I'm not overly concerned because I have new sites on the way, but I don't want this site's income to regress as I'm building up the new ones. I want to ADD to the existing income, not replace it! What have been your experiences with this?
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5:55 am
December 3, 2011
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Jeremy @ Personal Finance Whiz
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It looks like the majority of your earnings comes from sponsored posts and links. There's always going to be an upper limit on this type of income. If I were in your shoes, I would work on monetization that is more closely tied to your level of traffic – AdSense, affiliate, and CPM ads. Then, increasing revenue is just a function of increasing your traffic.
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6:54 am
December 3, 2011
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smartfamilyfinance
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I think it's also important to note the time of year and many of my prior blogs have been hit hard around the holidays. That could also be a factor.
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7:21 am
December 3, 2011
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Derek@LifeAndMyFinances
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Jeremy @ Personal Finance Whiz said:
It looks like the majority of your earnings comes from sponsored posts and links. There's always going to be an upper limit on this type of income. If I were in your shoes, I would work on monetization that is more closely tied to your level of traffic – AdSense, affiliate, and CPM ads. Then, increasing revenue is just a function of increasing your traffic.
This is a good point Jeremy. I have started to shift my site toward Affiliate earnings, and it is slowly, but surely paying off. I just need to increase my number of visitors per month!
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7:22 am
December 3, 2011
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Derek@LifeAndMyFinances
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smartfamilyfinance said:
I think it's also important to note the time of year and many of my prior blogs have been hit hard around the holidays. That could also be a factor.
Very true SFF. I think many advertisers are just coasting through the year and waiting for their new, big budget in 2012. January should be a good month, and I can't wait for the new year! :)
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8:38 am
December 3, 2011
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My Personal Finance Journey
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Looks like you're doin' pretty dang well for a holiday month! I wouldn't worry, especially since you're expanding with new sites/ventures as well.
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9:53 am
December 3, 2011
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JT_McGee
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There's a trend in your earnings. You tend to make more in the first and last months of the quarters. That's how my revenues tend to be, too, since companies reallocate resources to marketing usually on a quarterly basis, while keeping within their quarterly projections.
There's not enough data to say it's a trend, but I've seen similar things in my income.
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8:24 pm
December 3, 2011
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Derek@LifeAndMyFinances
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JT_McGee said:
There's a trend in your earnings. You tend to make more in the first and last months of the quarters. That's how my revenues tend to be, too, since companies reallocate resources to marketing usually on a quarterly basis, while keeping within their quarterly projections.
There's not enough data to say it's a trend, but I've seen similar things in my income.
Good to know. Thanks for the analysis JT!
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8:47 pm
December 3, 2011
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Watson Inc
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Jeremy @ Personal Finance Whiz said:
It looks like the majority of your earnings comes from sponsored posts and links. There's always going to be an upper limit on this type of income. If I were in your shoes, I would work on monetization that is more closely tied to your level of traffic – AdSense, affiliate, and CPM ads. Then, increasing revenue is just a function of increasing your traffic.
If you don't mind me asking, do you personally do any affiliates on PFW? I didn't see any obvious ones (like a big Amazon Store image) with a quick look, but that doesn't mean links aren't in posts.
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6:46 am
December 4, 2011
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Jeremy @ Personal Finance Whiz
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I don't on PFW. But I have around 10 other active sites – 3 use Clickbank, 2 use CPA offers, 2 are Amazon affiliate sites and the rest are AdSense.
Watson Inc said:
Jeremy @ Personal Finance Whiz said:
It looks like the majority of your earnings comes from sponsored posts and links. There's always going to be an upper limit on this type of income. If I were in your shoes, I would work on monetization that is more closely tied to your level of traffic – AdSense, affiliate, and CPM ads. Then, increasing revenue is just a function of increasing your traffic.
If you don't mind me asking, do you personally do any affiliates on PFW? I didn't see any obvious ones (like a big Amazon Store image) with a quick look, but that doesn't mean links aren't in posts.
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6:54 am
December 4, 2011
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Aaron Hung
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Have you tried Media.net yet? their rates are much better than adsense IMHO. Just got paid too straight to my PayPal. So yes they do pay out just in case anybody have any doubts.
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7:00 am
December 4, 2011
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Watson Inc
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Jeremy @ Personal Finance Whiz said:
I don't on PFW. But I have around 10 other active sites – 3 use Clickbank, 2 use CPA offers, 2 are Amazon affiliate sites and the rest are AdSense.
Watson Inc said:
Jeremy @ Personal Finance Whiz said:
It looks like the majority of your earnings comes from sponsored posts and links. There's always going to be an upper limit on this type of income. If I were in your shoes, I would work on monetization that is more closely tied to your level of traffic – AdSense, affiliate, and CPM ads. Then, increasing revenue is just a function of increasing your traffic.
If you don't mind me asking, do you personally do any affiliates on PFW? I didn't see any obvious ones (like a big Amazon Store image) with a quick look, but that doesn't mean links aren't in posts.
Oh I see. I guess in 3 months when I begin to decide on monetization,
I'll have to explore some of these other options. Based on the variety of advertising that you are using for your
sites, I suspect you have a great idea of what will work and what won't
based on your data. That's awesome! I'll be very interested in checking out how everything is working for you. Cheers!
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7:06 am
December 4, 2011
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Shannyn @FrugalBeautiful.com
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LifeAndMyFinances said:
This is a good point Jeremy. I have started to shift my site toward Affiliate earnings, and it is slowly, but surely paying off. I just need to increase my number of visitors per month!
I am starting t come to the same conclusion. Sponsored posts are great to a point (yay income!) but if there's a slow month or you want to focus on something else, it can get dangerous. I know I need to diversify my income but haven't found the sweet spot with affiliate sales yet.
In the beginning I tried to do affiliate sales for some clothing stores I liked but it didn't generate anything (so much for random banners with no context in my sidebar) but if I go about it this time I'll do it a bit differently!
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8:44 am
December 4, 2011
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Sustainable PF
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media.net is not very good. I had a stellar 1st month and then it dropped to lower than $0.20 RPM. I think I made $3 in November. If I wasn't so close to the $100 payout I would have dropped it.
Aaron Hung said:
Have you tried Media.net yet? their rates are much better than adsense IMHO. Just got paid too straight to my PayPal. So yes they do pay out just in case anybody have any doubts.
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8:50 am
December 4, 2011
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MoneyIsTheRoot
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I had my lowest earnings this past month, most likely because I was in the hospital for a good portion of it…my blog clients made more money off my deals this month than I did lol…but im not complaining! Im going to havfe a huge rebound this month.
I would guess that most people would see a plateau, or even a decline considering the holiday month, and budgets getting used up for the year.
Either way, Derek your site is doing awesome!
I just ditched Media.net actually…im back with adsense, the first day I had it back up it already surpassed the previous month from media.net lol.
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3:34 pm
December 4, 2011
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Jeffrey Trull
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I've always seen the limitations of some of these income streams that we typically go after, like sponsored posts and Adsense.
I think there's a lot of be said for product creation if you can come up with something great. Many of the top PF bloggers make the vast majority off products (Adam Baker, Ramit, etc). It's not for everyone, but I think it can be more effective when Adsense isn't cutting it.
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4:24 pm
December 4, 2011
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OneCentAtatime
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Derek its not bad, new site idea is a good one. You'll surely achieve that $30k goal
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4:12 am
December 5, 2011
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Derek@LifeAndMyFinances
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OneCentAtatime said:
Derek its not bad, new site idea is a good one. You'll surely achieve that $30k goal
I'm glad you think I'll achieve my goal this next year. I can't wait to get some of those new projects under way! :)
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5:09 am
December 5, 2011
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MoneyBeagle
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From what I've been able to tell, it kind of comes and goes depending on the month, and you never know when one 'nice' deal can change things from a really bad month to a really good one. I kind of look at it from a year to year basis, or maybe a quarterly check is a good approach.
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8:20 am
December 5, 2011
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20s Finances
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November turned out to be a decent month. My income is still increasing as I am still building momentum. I agree with what has been hinted at that there is a limit to what one site can bring in with certain types of advertising. I think that is the reason why diversification is necessary – not just with income sources for blogs, but with blogs as well. This is part of the reason I have a couple blogs. It takes a little extra work, but not too much. :)
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