I’ve fallen behind (once again) on the monthly income reports. I want to make sure that every month this year is accounted for on here so I’m sharing my income from both May and June in this post. Hopefully I’ll be back on track for July’s income report with no issues…
So here’s what’s going on with me…
Things have been insanely hectic these days. My wife and I just recently sold our house and purchased a new one.
The new house that we purchased is brand new… So brand new, in fact, that it’s still under construction and not ready for us to move in to yet.
We put our old house on the market thinking that things were really slow in the housing market and it could take a while to sale. We’d have plenty of time to get this house sold before the new house was completed…
We were a little too right. Our old house received two offers within the first week that we put it on the market. The second offer was for our full asking price.
So now our house is sold and the new house is still two months away from being finished. That means we get to move, not once… but twice! Awesome…
So I’ve been spending the last two weeks moving everything out of the old house and in to my wife’s parent’s house.
As of about yesterday, things have finally settled down and I’ve been able to get back to somewhat of a normal work schedule.
Here’s how the new house looked when I went over there on Saturday…
Some Quick Disclaimers:
In the spirit of full transparency… I must make a couple of notes about the following income reports.
The numbers that I’m sharing are before any refunds. Some of the products that were sold have 30-60 day refund periods. Seeing as I can’t know who will and won’t refund, refunds are not accounted for.
On the products that I created, the numbers are AFTER affiliates have been paid. These are the net that I collected after I made sure all affiliates received their cut.
The links to the products that I mention in the report below are my affiliate links. So if you click a link to find out more about it and decide to purchase, I will, in most cases, receive a small commission on it. This, in no way, effects the cost of the products mentioned.
Finally, there is some income that I am NOT including in this report. I have a second business with Josh Bartlett. Seeing as this business is a 50/50 partnership, I opted not to share income from this business due to the fact that it would also give insight in to some of Josh’s earnings. Therefore, that aspect of my business will remain out of my reports.
This report is income from the products that I create and the income generating blogs that I have around the net.
I’ll start by giving a breakdown of the income and then finish with some explanation as to why some of the numbers are the way they are.
The Income Report – May 2012
- Income From My Products:
- Income From Affiliate Products:
- Maps Marketing Blueprint $1,354.59
- Membership Dynamite $1,159.60
- Easy Video Player $303.12
- Start A Blog That Matters $198.64
- OptimizePress $90
- Optin Skin $84.96
- Membersnap $66.88
- Aweber $41.40
- Artisteer $24.98
- Free Blog Factory $15
- Total (Affiliate Products) $3,339.17
- Adsense $13.00
- Total Income $13,632.31
One thing that I mentioned in my previous income report is that you’re going to begin seeing affiliate earnings becoming a larger and larger part of my income. I’m adding more and more products that I really support in to my sales process.
I’ve always been so afraid to promote many affiliate products because I worried that my list would get burnt out or I would piss people off.
I’m starting to learn now that this isn’t the case at all. In fact, the more products I tell people about, the more compliments and thank you’s I receive.
It’s a weird phenomenon that I didn’t really anticipate.
It really makes sense when you think about it though. If I know of a cool product or program that could really really help someone out, I’d be kind of a jerk for not telling them about it.
So that’s all I’ve really been doing. I’ve been telling people about the products that I’ve been finding useful or that I really believe in and people are thanking me for it. I just also happen to receive a small commission for referring the people that really wanted that product over to that product.
I’ve also began to do a lot more live webinars. I’m doing at least one per month.
The reason I’ve started doing this is because I recently did a poll to everyone on my list. When I asked them what their favorite way to consume content was, almost overwhelming people chose webinars.
So I’ve been lining up really cool people in various areas of expertise to jump on calls with me and teach. People seem to be loving them so I’ll continue to do them.
As far as The WordPress Classroom, I got quite a spike in sales this month due to a couple bonus offers I added in for people becoming new members.
I also created a new opt-in page for the WordPress Classroom that seems to convert a lot better than my old one.
The Income Report – June 2012
- Income From My Products:
- The WordPress Classroom $5,675.69
- Total (From My Products) $5,675.69
- Income From Affiliate Products:
- Maps Marketing Blueprint $2,831.47
- Start A Blog That Matters $1,129.93
- OptimizePress $135
- Easy Video Player $132.38
- Membersnap $83.35
- Market Samurai $46.56
- 30 Day Challenge Product $35.11
- Fat Burning Furnace $26.98
- Membership Dynamite $22.35
- Free Blog Factory $15
- Total (Affiliate Products) $4,458.13
- Adsense $8.32
- Amazon (Kindle Books) $23.01
- Total Income $10,165.15
As I mentioned above in May’s income report, affiliate marketing is becoming a larger part of my business model. With the WordPress Classroom, I had a lot of eggs in one basket. Becoming more focused on affiliate marketing, helps me diversify and bring more income in from different places.
I’ve also continued to do webinars with my list. The “Maps Marketing Blueprint” program was a webinar and so was the “Start A Blog That Matters” program. As you can see, those turned in to pretty decent earnings.
You’ll also notice a random sale for Fat Burning Furnace which was a promo from one my health niche blogs. So those blogs still continue to bring in a little money here and there. Since Adsense numbers are dropping, I’m replacing advertising on my niche sites more and more with affiliate programs. We’ll see how it pays off over the next several income reports.
There’s two things that I started in June that I’m insanely excited about!
First off, I began development on my first iPhone game.
While on vacation in Cozumel last month, I picked up and read the book App Empire by Chad Mureta.
I got really pumped up about the idea of creating games and apps for the iPhone.
I immediately came home and hired a graphic designer and a coder to get to work on my first game idea.
The game is called Paintball Drop and should be available in the App store within the next two weeks or so. I’ve got a working version in hand now but we’re still working out a couple bugs.
I’ll make a post completely dedicated to iPhone apps in the next few weeks when my game is getting closer to launching. I’ll walk you through the complete process I used to produce it because I’ve been pretty hands off with the whole thing other than a few conversations with my team on Skype.
Here’s a sneak peek at one of the menus…
The second thing that I’m really excited about is publishing books on Amazon.
I started writing short books and publishing them for Kindle on the Amazon store. You can see in June that it already made me $23.
I’m continuing to work on more books with my team and I’m already up to making about $200 so far in July. It’s really exciting stuff and I’ll share more about this in a future post if people show some interest.
That’s about all for this income report.
I want to know if you’re interested in hearing more about my iPhone applications or about publishing Kindle books.
These are two things I’m really pumped on right now because they seem very lucrative and very passive. I just manage the team to work on them and spend no more than a couple hours per week on each.
Please leave your comments below.
P.S. I’m thinking about doing a webinar about the Amazon Kindle stuff next weekend. If you’re interested let me know. If I get enough interest, I’ll bring in the guy who taught me how to do this stuff for a live call next week.
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