In the spirit of the sincerity that I spoke about last week, I decided that I would follow the lead of other bloggers and start sharing monthly income reports. I do not plan to make excuses or justifications as to why it’s not a lot of money even though my mind tells me I have to in order to preempt the thoughts that some readers may have (silly brain). This is simply a journey to see if I can make something more from this blog.
I decided in the beginning of April that I wanted more for myself and that involved putting more time and effort into Erin’s Inside Job. I truly love the connections I have made and the feedback I get from all of you wonderful people. While a big goal of mine is to help others, I have also realized that this blog is essential to my sanity and is a tremendously effective tool for me to brainstorm, process, and solidify ideas or issues that I have been struggling with. It is really because of YOU though that I keep coming back and continue to push myself to improve.
Ok, so enough of the sappy stuff (there’s more of that tomorrow). It’s time for my April income report.
I have learned the most about how bloggers make money from these types of reports. I have learned the importance of having multiple revenue streams and different types of ad networks. Most of all, I have learned that it can be done. These reports have given me hope and encouragement and those are some of my favorite things.
I plan to break these reports down into income, what I did during the month, and what my plans are going forward. I think that it will be a great way to reflect and also a good accountability tool in going forward. It’s great that I have so many ideas, but if I don’t break them down and plan on putting them into action then I will just end up with a mess in my head.
- Freelance Writing: $200
- Sovrn: $13.34
- Google Adsense: $4.84
- Amazon Associates: $3.32
- Shareaholic: $1.64
- Total: $223.14
I am not including revenue from my coaching at Sweat, although if I really wanted to stretch it I could say that it was this blog that got me that job. As you can see, most of my income this month came from freelance writing.
Also note that many of these networks have a monetary threshold to reach before paying out, so I don’t even physically have all of this money yet. Many affiliate networks are also delayed in their payments, so even though these numbers reflect actual earnings for April, I won’t see some of it until later months. I don’t see many income reports point this out and it’s something that I thought was important to emphasize.
What I did differently this month
I experimented with a new ad network, sovrn. Before, I was only using Google Adsense and I wanted to see if sovrn was more successful. Looking at the numbers from March, sovrn was more successful, but only by about $1. In sovrn I am able to use passback tags which means that if sovrn does not have an ad at any time, they will fill in the space with an Adsense ad so that there is never a blank spot on the page. By having both networks, I was able to make $18.18 from advertising.
I signed up with CoSchedule (affiliate) after trying their free 14-day trial. You can read the review here. I have been able to plan out my posts and social media all in one place and it has kept me from scrambling for a post topic at the last minute. When sharing on social media through CoSchedule, I have also been adding pictures to some of my posts. This helps attract the attention of my followers and increase their engagement.
Speaking of pictures, I took more time to create high quality, pinnable images. This led to more repins of recipes, workouts, and advice posts. I started spending more time on Pinterest in general and made sure to pin content from others and not just my own.
I realized I was putting the wrong Amazon link in my posts which meant that when you clicked on them you would get a 404 Error. Smooth. I went back and updated old posts and actually clicked on my links when I previewed the post to make sure they were working. This may be common knowledge to some of you, but I found out that if someone clicks on your affiliate link but then goes on and orders other things, you also get a percentage of those purchases (thanks to whoever ordered those socks!).
Plans for May
- Work more on growing affiliate programs
- Experiment with floor prices in sovrn and different ad placements
- Branch out and look for other freelance opportunities
- Concentrate more on building an email list (?) (still on the fence about this one)
- Continue to increase traffic and grow followers by publishing quality content
If you can think of anything that you would like to see (or not) on Erin’s Inside Job or topics that you want me to cover, please let me know in the comments section! If you want me to go into more detail about any of the ways I am using to monetize, just ask. I have been excited to start writing these and I’m sure in my excitement I have forgotten something. As always, it is your feedback that helps me know what direction to go to make sure that you are getting the most out of your time here!
Also, if you enjoy reading income reports as much as I do, make sure to check out some of my favorites:
No questions today, just let me know what things you would like to see more of! (I guess that could be rephrased as a question but let’s just go with it).