My Passive Income Report [March 2012]
A lot has happened over the past month, most notably my AdSense account being disabled. After having my best month of online income, it was extremely disappointing to hit this big bump in the road. Those of you who have read my most recent posts know that I am optimistic and believe that all of this will be for the better in the long term.
In light of this pivotal change in my internet marketing progress, I decided to mix up my monthly income report with a little bit of different format. And because I’m short on time right now, this one is going to be short and sweet!
A Brief Overview of March
Surprisingly, the loss of my AdSense account was not the most significant thing to happen to me during March. The more significant hurdle for me has been tax season. As most of you know, I’m a CPA, so this time of year is always extremely busy.
With that being said, I really didn’t do much in March from an internet marketing standpoint. I still feel it’s necessary to update this blog on a weekly basis, but beyond that, I’ve toyed around with a few new AdSense alternatives. There hasn’t been anything to write about yet, but once I have the time to dig into a few different AdSense alternatives, you can be sure I’ll write about them here.
Tax season is going to be busy right up until the deadline (April 17th), so I likely won’t resume my usual internet marketing activities until late April. Those of you with a full time job know that, sometimes, you just need to make the job a top priority.
March Income Report
Let’s jump right into where the money was in March…
How ironic – I’m starting my income report with something that generated me virtually no income in March! 😛 With AdSense out of the picture, it became nearly impossible to earn money with InfoBarrel since you really can’t control the ads.
Because I didn’t want to “waste” all of my InfoBarrel traffic, I decided to give away this income. The winner of the contest is currently earning from my InfoBarrel articles, and I’m happy that I was at least able to share it with someone.
Here is the small amount of income I was able to earn in March:
- Chitika: $2.67
Even though I can’t earn much from InfoBarrel right now, I still highly recommend checking out my original plan to make lots of money with article writing if you’re new to the “making money online” game.
This is one income source that Google will never be able to impact. I write about Lending Club every month, so I don’t need to go into a ton of detail here, but if you are unfamiliar with Lending Club, you can read my original write-up here. In short: it’s my only truly passive income source.
As of the end of March, I was invested in 113 loans (+3 from February) and my net annualized return was 5.85% (+0.13% from February).
There are definitely times where I wish I would just put more of my savings into Lending Club, because of the higher-than-average return that I’ve been getting for more than 2 years now. But, I try to stay true to one of my top objectives: diversification.
If you’re interested in trying Lending Club, you can sign up with this link and get a free account. If you’re unsure whether this type of investing is right for you, you can deposit a small amount (investments can be as small as $25) and become familiar with it. If you have any questions about it, I’d be more than happy to answer them in the comments (or feel free to contact me by e-mail).
As you know, this was the area that took the biggest hit in March. It wasn’t so much that February was anything special with my niche sites, but I was seeing some great earnings in the first half of March and was probably on pace to earn $300+ from my niche sites, primarily from AdSense.
But, part of what makes a good internet marketer is being able to roll with the punches and work through unexpected challenges. I haven’t fully explored the top AdSense alternatives yet, but have started earning a little bit of money from a few new sources.
I’m not going to post the earnings by each site individually, as I typically do, because it wouldn’t be too informative with AdSense out of the picture. Fortunately, my Amazon sites were doing okay.
Here’s a summary of March’s niche site earnings:
- Amazon: $75.18
- Media.net: $2.32
- Chitika: $1.03
- InfoLinks: $1.44
- Total: $79.97
My ultimate goal will be to prove that there is life after AdSense with respect to niche sites. My business may eventually get its own AdSense account, however it will never be able to be used on these 80+ niches sites already created.
As I’ve mentioned in a few places recently, once I get my free time back after tax season, my authority site will be a huge focus of mine. I’m currently in talks with a writer to help me build out lots of content, and I’m almost done with everything I need to get the e-mail list going.
That’s all I’ll say for now, but there will be more to come. Here’s a look at what the site earned in March:
- Media.net: $1.59
- Other: $9.35
- Total: $10.94
Other Affiliate Income
Here’s the breakdown for March. [Note: This income comes from other sites not discussed/listed above, including affiliate sales generated through this blog.]
- Amazon: $0.00
- ClickBank: $88.72
- Commission Junction: $217.80
- PayDotCom: $0.00
- Private Advertising: $35.00
- Market Samurai: $112.00
- Other Misc.: $11.40
Total Misc. Affiliate Earnings for March: $464.92
Here’s a summary of March’s earnings, organized by project/challenge:
- InfoBarrel Earnings Challenge: $2.67
- Amazon & AdSense Niche Sites: $79.97
- Authority Website: $10.94
- Misc. Affiliate Income: $464.92
Grand Total for March: $558.50 (-$389.64 from February)
Not a great month, of course, but I’m confident I’ll get back on track soon. Stay tuned, as usual.
These were my top 5 most popular blog posts in March based on number of views:
Tell me in the comments: How did you do in March? Until next month, best of luck to you and your passive income projects!
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