First of all, I am publishing these earnings extraordinarily late. Part of the reason is that I had to go out of town for business, but I also wrestled with how to report some of the income. For instance, I apparently had some book sales in months past for which the royalties are only just being added to my account, so I had to determine whether to report them in the current month or go back and amend prior reports. Since I don’t want to be constantly amending past reports, I decided to report them when they are received in my account.
Moving on to the the meat-and-potatoes of this report, earnings in February 2012 increased from the prior month, per the following breakdown:
AdSense: $63.00 ( +7% compared to last month’s $58.93)
HubPages: $8.15 ( +206% over last month’s $2.66)
Affiliate sales: $0.0 (earnings last month were also $0.0)
Book sales: $1.79 (earnings last month were $0.0)
Total: $72.94 ( +24% compared to last month’s $58.93)
Year-to-Date Income: $131.87
As in the past, the majority of the AdSense revenue ($61.11) came from WebAnswers, making it my top-performing revenue source for the fourth month in a row. The remainder of the AdSense revenue came from article-writing sites.
For the second consecutive month there were no affiliate sales. I’m disappointed, but not discouraged. For me, this just highlights the need to have diverse streams of income, because you never know when one will dry up. (Needless to say, I will continue looking for ways to improve affiliate sales.)
I am quite pleased with the HubPages revenue. As I mentioned in January’s report, I signed up for the 30-Hubs-in-30-Days Challenge (which I was able to complete) and it paid big dividends in the form of increased traffic and revenue for my hubs.
Finally, I had a few more book sales. As I’ve mentioned before, the income isn’t really anything to brag about at this point, but it’s one of those things I’m actually proud of. Obviously (as I say every month), I need to put some more effort into promoting these.
All in all, I’m rather happy with what I’ve been able to achieve in five short months of pursuing passive income. I’m still trying to hit my goal of earning $5/day, and I honestly believe I can get there soon.
Anyway, my goal now for March 2012 is to earn $5/day or a total of $155 by the end of the month. As always, here are the sites and resources I’m using as the foundation for building my own passive income streams:
- Instant Article Wizard
- The Best Spinner
- Unique Article Wizard
- Market Samurai
- Niche sites
- Books (self-published)
***Please note that many of the links above are affiliate links, which means that I will earn a commission if you purchase products or services via the links I have provided. More information about these products and services is available on my Resources page.
Looking back, Q&A site WebAnswers is still earning the most money for me, and I recommend it first and foremost for anyone looking to start earning online. Also, don’t forget about the article-writing, revenue-sharing sites – HubPages, Squidoo, etc.
Also, to the extent that you are engaged in the pursuit of passive income yourself, don’t forget to promote your efforts – especially via backlinking with social media sites, like Socialadr, a bookmarking service that gets you lots of free backlinks. (In fact, you can find more on backlinking in my article on How to Get Hundreds of Free Backlinks.) Of course, not everything you utilize needs to be free; some items are well worth the price – e.g., Market Samurai.