At start of every month I'm publishing my online income report covering earnings I managed to earn sole on internet (this doesn't include freelance or service payments I receive through my professional career).
The resaon I'm publishing these reports is simple - It keeps me track where I was, where I'm and where am I heading to.
@Reinis_Fischer I love this post, and it made me smile to see the excitement over a few dollars. I haven't started earning yet....yet!
— LifesHiddenTreasures (@LifeHidTreasure) August 2, 2014
Last month was another great month in terms of my online income. I managed to earn $21.41 from Google Adsense and Affiliates. Compared to my online earnings last month ($16.49) it's 29.83% increase or it's more by $4.92. Pretty awesome growth right?
My average daily earnings reached $0.69, what is up by $0.14 per day compared to previous month ($0.55). By now my online income generates me a little bit more than minimum wage in Kyrgyzstan (~$16). But I'm still bellow extreme poverty line earnings less than $1 per day.
Now, to be serious - I managed to increase my earnings thanks to I decided to diversify my income streams and I added a Booking.com affiliate.
Booking.com is one of the worlds largest hotel provider, by today at Booking.com you can choose your hotel from more than 500 000 featured on their site. And best of this - you can became a partner for any of these 500 000 hotels - by applying for Booking.com affiliate program.
I even a created a simple goal for Booking.com - to send to their site 50 visitors per month.
By adding Booking.com to my potential earners - I didn't expected to earn anything from it yet - but thing is - I managed to send 2 hotel reservations with less than 50 visitors per month. Those 2 hotel reservations gave me $10.71. It's more I'm getting from Google Adsense.
Actually my earnings from Google Adsense decreased this month to $10.69 from $16.49.
I'm really glad I diversified my income streams.
Well, of-course - many will keep smiling about my online income report - and you are right - I would smile too.
My online income roundup table
Earnings $ | % of total | |
Google Adsense | $10.69 | 49.92% |
Booking Affiliate | $10.71 | 50.08% |
Total | $21.41 |
As you can see from chart above - both Google Adsense and Booking Affiliate are almost equal - with Booking Affiliate earning me 2 dollar cents more.
Well -again I'm glad I'm diversifying my online income streams - and this month shows potential for affiliate streams as great alternative to plug and play Adsense. On the other hand - I'm not planing to eliminate Adsense right now - or any time soon and stick with Affiliates (maybe someday, maybe). As my total earnings are low - it's vital to have Adsense on board.
Instead of that - I'm planing to continue to drive more traffic and invest more time and work in Affiliate programs.
Speaking of this month (August) - I'm looking to work more with Amazon affiliate program, and who knows - maybe in next report I could include some revenue from it as well.
Booking affiliate - well - I did setup a goal for that - to send 50 visitors to it in one month. I didn't managed to send 50 last month, I stopped at 42 - but it gave me $10.71 in revenue from Booking.com affiliate.
I will continue to work with booking this month as well - right now - I'm sticking with my modest goals - and sending 50 visitors to Booking this month would be a great result.
My forecast for August earnings?
I will stick with my modest forecasts - honestly speaking anything above single digits will be great, but to keep me in shape I will forecast $15-20 for this month.
Read more about my montly online income reports