Million Dollar Portfolio

This year I have been reporting the income this blog makes to show you that anyone can make money online if they do what they are passionate about and persevere. Summer is here and last month I mentioned that advertising tends to slow down because of nicer weather, vacations and people just not spending as much time reading and blogging as they normally do.

My own activities had slowed during June because of a death in my family which not only left little time to blog because of having to take care of the bereavement process and all that is involved, but also because I just had no desire to talk about anything, as you can imagine.  That being said, June didn’t slow down in terms of advertising revenue, in fact it was better than May.

I’ve mentioned before that traffic is a huge component to how much money you can make. This includes RSS readership. The more RSS readers you have, the more likely it is ads are going to be seen and potentially clicked on and/or will have produced a sale for the advertiser.

Traffic Statistics

Entrecard continues to be part of my traffic, but it’s probably not generating as much revenue as I would like. The reason for this was because of some culprit sites using Entrecard as a credit building system. Entrecard caught on and has banned all of the sites they could find that were exploiting this system. Entrecard users (droppers) tend to only visit a site to generate a click for a credit and some have it down such that they can drop 300 cards a day. Not only does this defeat the purpose of the system, but some even built pages or sites with only the widget on them so they would load fast…but I digress.

Traffic is still the most important thing when trying to make a blog successful.  Unfortunately, I forgot to add the google analytics code to my index page when I changed my theme in June. Therefore I won’t be reporting google analytics traffic statistics. I have to instead refer to Webalizer from my hosting provider.

For the month of June, The Proficient Investor had 7747 total visits from 1713 unique visitors with an average of 258 visits per day. This blog had 7049 total visits from 2517 unique visitors with an average of 243 visits per day.

RSS subscribers increased from 1 to 5 for The Proficient Investor and Million Dollar Portfolio has stayed the same.

There are 2 things to take away from this information.

1. Generating traffic is the most important thing you can do for your blog.
2. Creating original, quality content is the second most important thing because you want your readers to stick around.

Total Blog Income For June 2008

Total income from all sources increased over May as RSS subscribes grew and previous advertisers signed back on with Text-Link-Ads.

Total Revenue was $55.62 from Text-Link-Ads.

Not signed up with Text-Link-Ads yet? TLA continues to be my most consistent performer. Along with providing ad space you will also get an affiliate link to post on your own blog. Anyone who signs up under that link will earn you $25 cash each and every time. Sign up now and start earning money!

I also earned $2.46 from Google Adsense bringing my total ad revenue to $58.08 for the month of June.

Summing It All Up

So what does all this tell you? First of all, traffic is still really important but so is the quality of what you write. Last month saw a drop in the number of articles, but not the quality of the articles I did end up writing.
The bottom line here though, is I am still making money online. My hosting fees are paid for and I get a little money in my pocket. You’ll notice some changes on the blog already.

I’ve installed OIOPublisher which allows you to sell ads on your own, eliminating the middle man. Does that mean I’m getting rid of Text Link Ads? Not at all. I still like the fact that someone else out there is pimping my sites and selling ad space for me, which means less work on my end. That being said, you can become an affiliate of my site!

Do you want to make money online but don’t know where to start? Read this to get an idea of what has made me successful this year.

New Affiliate Program

Can you sell ad space? Can you convince others that advertising on this site is worth it? I pay 10% on every sale you make. Click here to sign up and start selling space on my site. You can make some good money doing this. Just check my advertise page to find out the rates and calculate your potential profit. For example, a 125×125 banner ad on this blog costs an advertiser $50 a month. If you make 10% on the sale, that means $5 a month goes to you each and every month that advertiser continues to advertise.

July will be an interesting month because i have this new ad system in place and traditionally, advertising slows down in the summer months. I’ll update you all in August and let you know how it goes.

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Internet+12 months=Millionaire