Okay, I realize that my blog is now starting to become like 50% of just monthly income reports, so I will leave this one as the latest one for a while, even if it means falling behind on them again.
Sadly, this income report won’t be very inspiring. In fact, it will be a little bit depressing, as I saw a big drop in profit in August – over half of what I did the previous month.
This is even more noticeable when you consider that the past 3 months collectively brought in just under $50,000 in profit ($48,997.44).
I feel really disappointed when I net under $10,000 in a month. After salary and taxes, I am not left with very much in company savings.
Anyway, enough moping, let’s see how August 2014 performed:
August 2014 Affiliate Campaign Income:
Affiliate Network Breakdown:
- Affiliate Network #1: $13,801.60
- Affiliate Network #2: $43.75
- Affiliate Network #3: $280.00
- Affiliate Network #4: $13,192.00
(This includes conversion from foreign currencies to USD)
Traffic Source Breakdown:
- Traffic Source #1: $13,936.22
- Traffic Source #2: $2,034.89
- Traffic Source #3: $3,035.16
- Traffic Source #4: $542.07
- Traffic Source #4: $1,037.73
- Traffic Source #5: $705.24
Ugh… 4 figures. It could be worse though…
2014 Affiliate Marketing Results
First, here’s a recap of how 2013 fared for the entire year:
And here’s a monthly breakdown of 2014 so far:
That puts my monthly average so far this year back down to 4 figures. I’m at $76K net profit so far this year after 8 months in. That puts me on pace to hit $114K profit this year – which may sound good, but would still only be half of what I pulled in last year.
Hmm… can’t be greedy though… $114K/year is still pretty good!
The Larger Picture: 20-Month Analysis
Below are my overall numbers from my campaigns since I started recording them in January 2013:
|January 2013 to August 2014||Gross||Expense||Net||ROI|
Getting close to 2 years of recording my affiliate marketing stats, my monthly average sits at $16,750. I’m quite happy with that. It will be interesting to see what that number sits in in another 6 months from now.
August was pretty stressful for me. The month started off strong, continuing off where July’s fairly strong month left off. Then, about a week in, one of the offers I was running went down and it didn’t look like it was going to come back. I focused on a couple of other offers instead which were doing quite well too, but then a couple weeks later, those went down as well.
I was actually at a higher profit earlier into the month but it quickly dwindled I kept spending more money testing new offers, targeting, LP’s, and traffic sources.
Also in August I had tried a new traffic network for the first time. A pretty popular one that a lot of you know. After a lot of delays and headaches (their billing department leaves a lot to be desired, plus I accidentally billed to my wrong credit card…) I finally tried them out with some small tests. Ouch – they were absolutely horrible. I normally don’t give up on a traffic source so quickly, but the results were just horrendous, and they were far too bureaucratic for a traffic source. I likely will never use them again.
I also tried another new source in August for the first time, this time a much smaller network. Results were pretty bad at first, but after a while I started to see some potential. I continued to use them for another couple months before deciding that it just wasn’t worth trying to make work anymore. It’s pretty bad but does show a little bit of potential for some small, select, profitable campaigns. I will likely try them again in the future, but only when I have some better offers running.
Overall, August was pretty busy for me. I was constantly analyzing and optimizing campaigns and trying new traffic sources and offers. I don’t feel like the end result ($6K) was quite worth the effort I put in.
September Plans and Predictions
Normally in this section I list the plans I have for the upcoming month as well as predict how I think the month will fare profit-wise. However, since September has already come and gone, I will be skipping this section in this report since I already know how it went.
Stay tuned to see for yourself!