October 8, 2015 in Income Reports
Welcome to my online income report for September 2015. It seems that I’ve been a little more productive this month. Subliminally I think I took the summer off of my online business. I didn’t intentionally do that but I think that’s what happened. I also noticed that I wasn’t listening to podcasts much during the summer. But the last few weeks, I seem to have a renewed interest in my online assets. Speaking of podcasts, I started loading up my phone with episodes from Mixergy and the Write 2B Read Podcast. I have a lot of time on my commute so I’m glad I can learn while on the road.
I have been narrowing my focus on only the activities that I have the most interest in. That means that all my energy is now spent on writing books and making YouTube videos. I finally finished and published the 6th book in a series I have on Amazon. It has only sold maybe 5 copies but it’s still early. I usually don’t get huge sales numbers when I first release a book. But because this is part of a series, I’m hoping that people will find it when they see my author profile on Amazon. This book is available in ebook and print formats.
I ran a 5 day promo when I first launched the book and I gave away 417 copies. I used a combination of free promo websites and also posted updates to my email list, Facebook page and Twitter account. Here are the number of followers I have in my niche:
Email List: 561
I haven’t been maintaining those social media accounts but they are growing slowly. I do have an invitation for people to subscribe to my email list in my books which is maybe why it’s been growing a little faster than I thought it would. I have a free book download for anyone who subscribes. Everyone says that an email list is critical for book marketing so I kept up a sign up form on my website before I even knew what I was going to do with it.
I’m glad I kept these accounts going because I think it should help me in the future as long as I keep writing in the niche that I’m publishing in. I do have plans to grow my Facebook followers by posting pictures on it regularly. But up to this point, I really don’t do anything with those accounts except when I have a new book launch.
YouTube Channel Growth
My YouTube channel is the one thing that I have the most interest in but it is one of the smallest money generators in my portfolio. But I do know that if I consistently post new videos, that income will grow. I have an unwritten goal to hit $100 a month on YouTube at the end of the first quarter of 2016 but it’s going to take a lot more videos and subscribers for me to get to that figure.
I’m also making an effort to reply to comments on YouTube so subscribers and viewers know that I am an active participant on my channel. The negative comments are a bit hard to take but I just have to laugh at them and know that I can’t please everyone!
Videos are so easy for my to make and they require the least maintenance after they’re done. I have videos that I’ve made years ago and the best ones make $1 to $12 a month (most of the videos make very little). I just need to make more videos in the $12 range! This is awesome to me because it roughly takes me about an hour total to shoot and edit a complete video. Also, I’m making a point to add closed captioning to all my videos. That way, my videos can be enjoyed by all and I think the captions might be advantageous for SEO. Here’s my latest video tutorial:
That’s about it for now. I’m looking forward to the final quarter of this year! Let’s get to the income report!
Here’s a snapshot of my totals for easy reference.
- Kindle Publishing: $109.82
- Amazon Associates: $53.63
- Banner Ads: $13.69
- YouTube: $50.37
- Createspace: $388.72
- Udemy: $44.97
- Linkshare: $31.50
- Mobile Apps: $81.83
- Template Sales: $9.80
Total this month: $784.33
- Last month total: $707.79
- Difference: (+$76.54)
Total earnings per day: $26.15
Want to Make Money by Self-Publishing?
If you read my income reports regularly, you might have noticed where the majority of my income comes from. It’s from self-publishing! This has become one of the main areas I focus on these days. I’ve tried lots of different ways to make money online and publishing has been one of the most rewarding things I’ve done.
There are many reasons that self-publishing fits into my business plan but among the top reasons are:
- Easy to write
- Can hire writers
- I can create covers myself
- Little to no maintenance
While those tasks are enjoyable, marketing your books is not always fun. It can be hard to find reputable promotion services which don’t cost a ton of money especially when starting out. The good news is that there is a free service that promotes your books and they generate results. Not everyone can get in, but Buck Books has risen to become one of the top promotion services for Kindle books.
Buck Books sends out daily emails and also posts a handful of books on their homepage for readers looking for deals on ebooks. Their service is quite popular and it’s hard to get listed on their promotions but you have to keep trying. You may have a better chance by giving several weeks notice of your book promotion. And also, they mainly promote $0.99 books so your book will have to be enrolled in KDP Select in order to run a $0.99 Countdown Deal.
Click here to see an example of what current book promotions look like on their homepage and maybe pick up some good deals on highly discounted books and book bundles!