It’s time for a quick recap of June!
Some pretty big changes in June for my various projects… Especially in Ecommerce.
It’s crazy to think that I started my Ecommerce experiments over 2 & 1/2 years ago.
It feels like it was just yesterday that I learned how to setup a Shopify store.
Let’s get started with this monthly income report, shall we?
That’s it, I’ve reached that point in time: I’ve finally closed the doors of my 2 ecommerce websites.
I had reached a point where I was not even trying to get new customers anymore. I simply emailed my existing customers to generate extra sales for the past year or so.
While I was able to generate a lot of sales, I was so close to break even point that it simply wasn’t worth the amount of time needed to fulfill the orders and manage customer support.
My stores are now closed and I’ll simply be sending relevent affiliate offers to my lists until they stop generating enough to cover my Email List Provider costs anymore.
Let’s take a look at how WS4 did for the past month.
Another month, another traffic record.
Unfortunately, this didn’t translate into more affiliate commissions as my RPM dropped significantly compared to May. It was actually my lowest RPM in the past 12 months… bummer!
With that being said, I am still pretty excited when I take a look at this website’s visibility on Google.
In June, this website had 550,870 impressions on Google. These impressions resulted in 1,774 clicks, which means an average click-through rate of 0.32%. The average position in Google results pages was 46.
The following chart shows the cumulated revenue and expenses to date for each month. Additionally, it shows the current website value as well as the return on investment before and after selling the website (if I decide to sell it).
From the start of this project until the end of last month, this website generated $4,333.29 in revenue. I spent $17,516.10 since this website’s inception, which means a net loss of $13,182.81. In other words, that’s a 75% loss so far.
However, by using a conservative 25x multiplier on the average revenue of the past 3 months, we can calculate this website value: $10,184.58. By selling this website, I would make a small loss of $2,998.23. That would be a 17% loss on my investment.
Of course, I’m still years away from a potential sale for this website, but I’m keeping track of these numbers to know the trend, as well as the evolution month after month.
I’m finally ready to share some traffic stats for this website:
Traffic growth is pretty exciting… Hitting over 1,500 page views on the 4th month of this website being online is pretty good in my book.
And keep in mind, that is with absolutely zero link building!
Alright, I still need to be upfront about something: this website didn’t make any money yet.
I’m not going to monetize it just yet. I prefer keeping the website clean of all advertising for the time being while Google figures out how much traffic to send its way.
On a different subject, here is a list of the 10 most popular articles from this blog during last month:
- entrepreneurship is living a few years…
- how to make money by generating online leads for companies
- how to make money online generating leads for local real estate agents
- Shopify partner program
- how to make money online creating an home inbound call center
- how to make money online with arbitrage
- Travel Payouts review
- how to make money with an online local business directory
- how to make money building your own online forum community
- how to make money online building your own custom search engine
I received a few requests to publish sponsored guest posts in June, and it was pretty nice to make the extra cash with minimal work on my part.
The most annoying part of this process is the amount of requests I receive to publish garbage guest posts… Some people still seem to believe that carpet-bombing 300 words generic articles is the way to do good SEO. Gosh!
I am fairly picky when choosing what I publish or not on this website as I don’t want to waste your time with useless information.
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||$333.25||▼ $119.24|
|Customer Service||-$9.00||▲ $9.00|
|Sponsored Posts||$95.00||▲ $45.00|
Surprisingly, this is the third month in a row with a profit.
I was supposed to order a lot of new content for WS4 to prepare for the holiday season but ran into a few issues with a company I use for my content. Now that we’ve ironed out these issues, I should have higher expenses in the coming months.
What’s happening next?
In July, I will certainly start preparing for the holiday season. That means I will be spending quite a lot of money to get content published during summer to give it time to rank before the end of the year.
It’s actually the first time I’ll be preparing so early for the end of the year so it will be interesting to see if it gets better results than waiting for the last minute.
Stay tuned for the next update!