It’s time for a quick recap of September!
I can summarize the month in three words: rinse and repeat. There was nothing new in September… Only more of the same. I’ve been regularly publishing new content on my main project, while making sure that all of my websites are running smoothly.
The holiday season is fast approaching, and considering the speed at which SEO brings in results (boringly slow), I’m getting very close to the deadline I set for myself to get ready for this Christmas.
With that being said, I’m still spending more money that I probably should to grow this project. More about this below.
Let’s get started with this monthly income report, shall we?
Let’s take a look at how WS4 did for the past month.
First thing first: I’m happy to report that September was a record month for this project! It’s the first time in over one and a half year that I have more than $1,000 in revenue.
After things being so stale for most of 2019, this was a refreshing change of pace and it’s renewing my hope for this project.
I’m not sure exactly what changed in August and September but this website received twice as many visits in September as it did in July.
The goal I’m setting for this website at the moment is $1,200 per month. With this amount I’ll be able to break even every month after I finish my big holiday push.
As you can see in the chart below, this site’s visibility on Google increased significantly in September.
In September, this website had 1,361,217 impressions on Google. These impressions resulted in 5,283 clicks, which means an average click-through rate of 0.39%. The average position in Google results pages was 33.
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 $6,792.40 in revenue. I spent $23,816.10 since this website’s inception, which means a net loss of $15,692.89. In other words, that’s a 71% 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: $20,492.58. By selling this website, I would make a small profit of $3,468.88. That would be a 15% profit 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.
WS5 is a small site experiment I’ve been running on the side. I published some articles back in March and haven’t touched it since.
The main challenge with this website is that it’s not a family-friendly niche so I can run any display ads. To see if the site has potential, I’ve added some links to relevant affiliate products on the pages with the most traffic.
For the first time since I launched this website, it made some money! The first revenue from a new website is always something exciting to me. It proves that there is potential to make money in that particular niche.
We’ll see how it will go next month.
On a different subject, here is a list of the 10 most popular articles from this blog during last month:
- how to make money online generating leads for local real estate agents
- entrepreneurship is living a few years…
- how to make money online creating an home inbound call center
- Travel Payouts review
- how to make money by generating online leads for companies
- how to make money with an online local business directory
- how to make money online building your own custom search engine
- Shopify partner program
- how to make money building your own online forum community
- how to make money online with arbitrage
For those interested, I still publish guest posts from time to time. Please keep in mind that I value my reader’s time and trust so I won’t be publishing low-quality guest posts.
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||$314.76||▲ $61.21|
|Sponsored Posts||$75.00||▼ $85.00|
The money I’m spending on new content for WS4 is really what’s getting me every single month. Fortunately, the end of the year is approaching quickly so I won’t have to spend that much money anymore.
The situation is getting dire with all that money spent on content. I can’t wait for December to be here so I can slow down my spending and get things under control.
What’s happening next?
I’m not planning any major change for October. The plan is to keep doing more of the same and publish some new content on WS4 to accelerate growth until the holiday season in November & December.
Stay tuned for the next update!