Exactly one year ago, I hit the $1,000 milestone with my blog for the first time and stated: "The $1,000 milestone mark is so important in my eyes because I honestly believe that if you can make $1,000 from your blog, that you can make $2,000. And if you can make $2,000 from your blog, there’s nothing stopping from you making $5,000 or $10,000."
I truly believed that then, and still do today. Especially in the world of making money online, making the first $1,000 per month from a site is almost always the hardest. Once you’re able to make $1,000 a month from a site, there should really be nothing stopping you from growing that to $5,000 a month and then to $20,000 as long as you have a quality site and there is a market out there for it.
I’m proud to say that I can back up my words. Exactly one year after I made that post and $1,000 milestone, my blog’s earnings for the month of November 2008 came to a staggering:
This is a new blog record for me, surpassing the previous record of $5,859.46 generated in the month of September. What’s scary is that December is currently on pace to exceed $10,000…
If we assume that my income stayed at a fixed rate of $6,663.94 with no growth, that would work out to $79,967.28 a year. That’s $80,000 a year for running a blog that I’d do for free!
The majority of my blog’s income comes from my MarketLeverage referrals, of which one affiliate is generating the majority of (82.63%). This is a very scary thing as it puts a lot of my eggs in one basket, for if that affiliate suspends his campaigns, my blog income will have a dramatic decline. However, I recently signed up another pretty big affiliate which should help balance some of the weight.
My blog is now my biggest money maker, although it’s not my only site. In fact, it only comprises roughly half of Merendi Networks Inc.’s earnings so I do have a pretty good spread of sites to break my fall if my blog’s income ever does dramatically drop.
Here is a chart depicting the growth trend of my blog during the past 12 months:
My blog has come a long way from exactly one year ago when it only brought in $1,047. In fact, increasing from $1,050 to $6,660 a month within the span of a year is quite awesome when you think about it.
The huge increase was again largely in thanks to MarketLeverage. As any regular reader will know by now, I’ve been running MarketLeverage competitions and have so far referred a total of 135 affiliates. They generated over $110,000 in September, and since I get 5% of whatever they generate, I made over $5,500 from them.
The pie chart below shows MarketLeverage continuing to dominate the rest of my affiliate sources. In fact, pretty soon I might have to stop displaying it since soon it will just be a giant pink dot…
Looking at my blog’s earnings breakdown pie chart below, I’m still not sure what the best mix is, but I think the most I’d ever want one single source to take up would be around 70% at the most.
I’m happy with the distribution of the pie chart below, although you can expect the Affiliates piece of the pie to start overtaking the Private Ads piece soon.
- MarketLeverage has continued been a fantastic revenue source for my blog. In the month of November alone, my referrals generated me over $5,500 in commissions. This is not counting the money I make with them through my PPC affiliate marketing efforts.
- WordZe has continued to prove to be a consistent source of residual affiliate income. I only wish I catered more to affiliate marketers so I could promote it more. Their referral program is really lucrative, check it out if you have the chance, or read my extensive review of them.
My AdToll income stems from the Peel Away Ad located at the top right of my blog. I love Peel Away Ads because they are a new and unique form of advertisement. They are also very visible yet not over intrusive. If you want to buy a Peel Away Slot on my blog, the cost is $15 per week through AdToll.
BannersMall has an affiliate program and since their service is awesome their conversion rate is very high. I made $85 from them in March of 2008 which says a lot about their conversion rate considering I only get 10% and their banner prices are cheap…
Private Ad Shoutouts
I’d like to give some quick shoutouts to a few of my repeat sponsors and advertisers:
MotiveInteractive – They’ve been my 300×250 Embedded Ad Sponsor since March 2008 and have continued to renew every month. They’re now also my 728×90 Leaderboard sponsor which the recently renewed for another 3-months, as well as one of my 125×125 banner sponsors.
BooksWealth.com – This is their 10th month renewing their 125×125 Sitewide Banner with us. Scott Phelps runs the site and also writes great guest posts here, so if you haven’t checked BooksWealth.com out yet, maybe you should!
SharpWitDesigns.com – Another advertiser who has renewed many times. Need a custom WordPress skin? Check out their colourful designs.
SEOIntelligence – SEO Intelligence is a comprehensive set of SEO analysis and keyword building tools which can really help you to improve your rankings on search engines. View my in-depth 1-hour screencast review of them here.
SpeedPPC – Speed PPC is a software tool that helps you generate thousands or tens of thousands of keywords and ads for your PPC campaigns within seconds. It will create highly targeted longtail keywords and ads built upon a set of predefined lists that you create. I personally use SpeedPPC for my own PPC affiliate marketing.
Get a Paid Review
For $175, you can order a custom review written by me on your website, service, or product. I cannot guarantee a positive review as it is after all a review and not one long ad. However, you will get the benefit of receiving an entire post written about your company or product in great detail.
Feel free to view some of the many past paid posts I wrote. Below are the most recent ones:
- Spy on Your PPC Competition with PPC Bully
- StoreStacker Review
- CoolProducts Review
- Iranian Blogger Nima Heydarian
- EfficientPPC Review
- Motive Interactive’s Advent 2.0
For the same price, you can purchase a Paid Plug, which is essentially a paid review written by yourself.
December Goals and Predictions
I never like to count my chickens before they hatch (although I often do anyway), but I’m quite confident December will set a new blog record, and actually hit a new milestone by breaking the $10,000 mark.
My goal for December is thus to hit the $10,000 milestone, but my prediction is that it will actually hit $11,000.
As usual, stay tuned a month from now to see the results from this month, and wish me good luck!