Monthly Income Report April 2016: $2,148.54
That’s another month that was fully dedicated to work, with only a few days off.
As I was explaining last month, I decided to restart working from home for a while.
I had to deal with terrible back pain for the first couple weeks until I realized that I needed a new chair to work. The one I was using at first was clearly not made to sit for hours in front of a computer.
As soon as I changed that piece of furniture, my back pain vanished and I was able to work comfortably. My productivity went through the roof.
Apart from that, nothing particular to report in my personal life. I’ve decided to focus completely on work for a few months, so I have no travels or fun activities to report.
If everything goes according to the plan, and I manage to reach my goal by the end of June, I will be taking a few weeks off on a white sand beach. Don’t worry, I’ll share some pics with you.
Now, let’s talk about my various projects.
April has been all about experimenting with this blog.
It’s been an extremely interesting experiment to run, and I hope it will benefit you as much as it benefitted me.
If you’ve been reading my updates for the past months, you probably noticed that I’ve been posting only once or twice a month.
I was previously an advocate of the importance of frequent posting: arguing that posting at least once a day was the way to go.
To make it even more interesting, I went full force with that experiment and I posted 10 new articles every single day in April.
The idea was to see if it would have any impact on the number of visitors, as well as the interaction on the blog.
The result was wildly underwhelming since the number of visitors barely doubled compared to previous month. (Keep in mind that I went from posting once in a month to 300 times).
As a result, I have revised my position and I am now convinced that posting quality is a lot more important than frequency.
Posting frequency may have been an important factor 10 years ago when blogging was a new thing, but these days everybody and their mom has a blog. With so much noise in the space, frequent generic updates just contribute to the noise and won’t get so many eyeballs to your blog.
Nowadays, it’s much more important to be personal and share your own experience.
That being said, this experiment still had some positive consequences: 2 persons got inspired to start their own blog thanks to Dukeo, and they purchased a hosting plan with BlueHost following my advice.
If you want to start your own blog, simply visit my step-by-step guide and you’ll be all set in no time.
Moreover, 2 companies contacted me to review the services they offer. It was nice to write sponsored reviews as it’s been a while since the last time I did it.
If you want me to review your company, website, or the service you offer, just contact me.
In the comments on last month income report, I was asked how many niche sites I own at the moment.
The answer was 3 last month, and it is now 4: my oldest niche site was started mid 2013, the second one was started early 2015, the third was started early 2015 (as 20+ different sites that I later merged into a single project), and my newest niche site was started recently.
Let’s take a look at the stats for these 4 sites combined:
I don’t share too much information in here about the sites 1 and 2 because I put literally zero work in them (and they make very little money as a result).
My newest site is just an experiement at this point. It was started less than a month ago and it is yet to start receiving any traffic. I will talk more about it in the future.
Site number 3 is the one I am mostly talking about in my income reports for 2 reasons:
- This is the site I’m working on the most,
- This is the site that has the most potential to become huge.
In March, this niche site received 52% more traffic than in February. In April, it received 56% more traffic than March. All this while keeping a somewhat stable RPM (revenue per 1000 visitors) at $60. That’s a really exciting trend.
At this point, I’m extremely optimistic about this website. Traffic and revenue are growing at a good pace, and it appears that I have found a recipe that works for me.
I’m going to keep doing what I’ve been doing for several months now: keep adding content to the site by following the exact same keyword-research strategy.
I keep reporting about this joint venture here, but since I was focused only on my niche sites last month, I didn’t put any work into this project.
I’m planning to work on this site at least a few days in May so we can try some new things to find a working strategy.
My 3 viral sites were still on auto-pilot during April, as a result the traffic didn’t grow one bit since previous month.
The only part that is not fully-automated with these sites is the email newsletter: I am still curating articles and sending the daily email manually.
In May, I’m going to work with Aweber API to automate this part of the process as well.
What about the money?
Here is a breakdown of the money flow for my various projects.
To make this report easier to understand, I’m using a simple color code: green numbers are positive, red numbers are negative.
Please keep in mind that these figures may not be 100% accurate due to various factors such as refund requests and network adjustments. The terms for each payment may also vary. As a result these numbers may differ from the actual payments issued and received.
|Niche Sites||$411.54||▲ $152.67|
|Viral Sites||$79.52||▼ $36.41|
|Contextual Ads||$16.91||▼ $1.79|
|NET TOTAL||$478.01||▲ $432.62|
I’m really excited to report a $432+ increase in profit for the past month.
This change is mostly due to 2 factors:
- I had excellent results with Dukeo in April thanks to 2 sponsored articles, as well as 2 persons who signed up with BlueHost (Thank you so much for using my link!).
- A nice increase (almost $300) in affiliate commissions from Amazon with my most active niche site.
The impact of these 2 things was slightly counter-balanced by my yearly bill for Clicky analytics, as well as a subscription to Ahrefs that I needed to do some keyword research.
Thankfully, these 2 expenses won’t be there anymore in May, so I should have even better results.
This graph still looks a little bit weird because of all the money I invested last year to build the content core of my niche site. It will start to look a lot more normal in a few months.
I can’t even start to describe how happy I am that the green line is finally significantly higher than the red line!
After over a year of hard work on this particular site, I finally see some exciting results and I’m going to keep working hard to grow my revenue.
The plan for May is to spend most of my time working on my niche site: doing solid keyword-research, and adding more targeted content to complement the existing pages.
On top of that, I’m going to keep encouraging my visitors on Dukeo to start their own online ventures so we can share our experiences and grow together.
Finally, it’s time for me to put some work in my joint venture again to get a second push to the project and try to get it off the ground.
One last thing: I think we’re not thankful enough in our everyday life, so I would like to take a minute to thank all of my readers for reading the articles I am publishing here on Dukeo. I put a lot of effort into this blog for very little return, and I hope it inspires you to take more steps toward success.
I wish you the best, and see you next month.
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