I'm so excited to share my very first online income report! YAY! Income reports have been so motivating for me and one of the reasons I wanted to start my blog. It's not about the money. It's about proving to myself that I can do it! Creating a profitable online income stream is something I want to prove to myself and you! These reports are going to keep me accountable and inspire me to work harder. I hope they do the same for you! Its so important to have different streams of revenue. I used to think the only way to earn more money was through a raise with my 9-5. What I've learned over the past few months, is that diversifying your income stream is a great way to increase your income. The internet makes this possible in a somewhat easy way. I'm not saying its not a lot of work but I think its totally worth it.
I haven't monetized my blog yet, so all of my online income is currently coming from Google Adsense. I monetized my youtube channel as soon as I was able to. For those that don't know, when youtube videos are monetized, ads can run in the beginning, middle, or end of a video. The youtube creator gets a portion of that ad fee that a company pays to google. Youtube creators are not paid by subscriber count. They are paid by number of views. There is a VERY complicated algorithm that no one really understands except the people who wrote it....lol.
Lets look at the numbers:
Total views for the month of May increased by 21%, Average View duration increased by 5%, Watch time increased by 28%, and ad revenue increased by 20%. AWESOME!
I went through a little slump in March and April on my channel. I felt a sort of resurgence in May to really put forth a better effort to improve my channel and it really worked.
Here are some of the things that worked for me:
- I started organizing my content and put myself on a schedule ( I love structure).
- I started becoming really active on other channels.
- I participated in a collab.
My total revenue for the month of May was $103.52!
I know its not much but you have to start somewhere and this is my start. I'm so proud of myself and its definitely encouraging.
GOALS for June:
- Increase my youtube income by 50% (I'm definitely on track)
- Create more pages in my blog and set a definite launch date.
- Start an ecourse about blog growth.
That's all folks! Leave a comment down below if you post income reports on your blog.