It has been a couple of months since I last posted an income analyses so I think it’s time for a new review. During the past couple of month I’ve been working on increasing my Income Per Visitor (IPV), rather than on producing content. I’ve been working mainly on releasing my own eBook products and on promoting more affiliate programs. Currently, I’m deriving passive income using four strategies: advertisement, affiliates, donations, and products. I’ll review the progress for each strategy in turn.
1. Advertisement income
Income from Google AdSense was 8.13€ during February – up from 5€ last November. The increase in income comes primarily from increased traffic levels.
2. Affiliate income
I promote a number of affiliate programs – from Nightingale Conant to Lynda and Brian Tracy. The only profitable one though is Amazon. During February two books were sold through my Amazon links for a total value of 20.90€, which generated 0.84€ in revenue. This is up from zero affiliate income from last November. If this positive trend continues remains to be seen.
3. Donation income
Donation income is at zero, as is to be expected. I have not promoted the donation links as much as I could have done and donations is simply not a viable income strategy without huge traffic levels. Also, I’ve been gradually removing the donation links as I’ve replaced them with links to the eBooks I’ve published instead.
4. Product income
During Februrary I sold two of my own books via PVT, generating a revenue of 10.84€ (12€ minus 1.16€ in PayPal fees). Since I didn’t have any products last November this income is up from zero as well.
In total, passive revenue for February was 8.13 + 0.84 + 10.84 = 19.81€ ($26.69), or about 20 euro. The visitor count for all sites during February was 5559 visitors, so the IPV was 20 00 cents / 5559 visitors = 0.35 cents per visitor. Though I hardly have enough conversions to reach statistical significance, this still gives a rough estimate of my IPV.
One of my goals, as stated earlier, is to increase my passive income to 200€. Ane way to reach this goal is to increase my visitor count by 10 times. This will be my next sub goal. For the next couple of weeks I will focus all of my efforts towards increasing my traffic to these levels – 55000 visitors per month, or 1800 daily visitors.