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Current passive income pr month: $105.00
I had a setback in June and July that called for a change. My adsense earnings dropped, but with the help of my newly purchased site, arcadebaby, they are pointing in the right direction again. My total revenue this month (adsense + affiliate shops) is $75.00, an increase of $10 since last month. I am not satisfied with that since my goal was $80.00. However, I can’t complain as my passive income has increased.
The dating site that I launched a couple of days ago is also doing well. More than 40 members have signed up since it was released, and new members join every day. I dont know how many of those who will convert into premium members who pays for membership, only time will show.
The two amazon affiliate shops launched havent had a single sale, and I dont know if they will have many sales before new year. It is hard to achieve good rankings for such sites in Google, but I plan to run a link building campaign for them this fall. Within a year, they will start providing sweet passive income.
I recently launched a dating site, Sweet-Dating.com. It’s part of the Tangowire network, so the members who sign up at my site can communicate with all the other members at Tangowires partners. I think it’s a great concept, it’s very cheap to run, and I hope to make some money from it as well. I plan to build a lot of links for this site, and do some PPC advertising for it as well. I have also started to market my ringtone site Abilca through google adwords, its a very competetive market, but I think I will profit from it. I only pay a couple of cents pr click, and I get 0,5 euroes pr ringtone that I sell.
I recently bought the site arcadebaby.com, it had about 20-30 unique visitors pr day. Nothing to be excited about, but it was a head start compared to starting a complete new site.
Stumbleupon is a free exstension for the popular web browser firefox that allows users to stumble upon a random website that are included in the stumbleupon network. I submitted this site to stumbleupon, and ever since that it has recieved between 300 and 400 unique visitors pr day just from stumbleupon. About 40-50 percent of those stay on the site and play a couple of games, I am very happy with that.
There have not been any activity on this blog from my side this month, but that doesnt mean that I havent done anything. It is summer, and I have taken a well deserved break at the beach.
I recently launched Best MySpace Layouts, a resource site for MySpace. I am using a myspace profile to spread the word about it, and traffic picked up from day one.
I have also bought a website, ArcadeBaby.com. It costed me $300, and provided the previous owner an income of about $30 pr month. It looks like a good deal on the paper, only time will tell if it was. Cash on cash is more than 100%, which is very good on a deal that was made to increase cashflow. I wont update the passive income for this site untill I actually see the numbers in my bank account.
My plan for now is to finish the sites I am currently building, as well as buying new websites that can show a proven income. That way I can increase my passive income with minimal work.
The release of the two sites I wanted to release this month have been delayed, as they are still not finished. I am building them up from scratch, and its much more work than I first planned for. I dont know if I they will be ready in August as I am planning to change my strategy. I may just start to buy finished websites with traffic and then try to increase the revenue from the current traffic instead spending a lot of time building up websites from scratch. In the end, its the money made that counts.
Financially, I did not reach my goal of $80 in passive income pr month and I am quite dissapointed of that. However, with the recent purchase of Arcadebaby.com, I think that goal will be reached in August. I will spend more time searching for established websites with traffic that I can buy for a good price.