Few weeks back I published my first ever income report that demonstrated 3 of my websites generating $23,596.88 in the month of June from various revenue streams within those sites. You can read that report here.
Interestingly enough, a couple emails followed within the very next week, attempting to extrapolate these results to my entire portfolio of websites and proposed that the numbers suggest that generate a total of $1,982,137.92 from my websites each year.
Interesting conclusion from deductive reasoning. Here is how it was arrived at.
Since I have over 20 websites (the assumption used was 21), and three of those generate $23,596.88 per month, it was suggested through simple division that each website generates $7,866 per month.
That number multiplied by 21 websites yields approximately $165,178 per month, or $1,982,137.92 in online revenues per year.
As you can imagine, it’s not that straight forward simple.
Below is an income snapshot generated by a set of 3 different websites in the month of July. The snapshot shows the bank account tied to these three websites, which collectively make up one legal entity, an LLC or Limited Liability Company.
Note that the June income report of $23,596.88 was generated by another legal entity, which is also comprised of three web properties.
Here is how July’s income breaks down….
A – Amazon Associates Program Affiliate Commissions $12.50
B – eBook Sales on Barnes and Noble $82
C – eBook Sales on Amazon Kindle $153.67
D – Google Ads $511.08
E – eBook Sales on Amazon Kindle (Europe) $17.04
While the 3 websites that made up June’s income report were all in the financial niche, the 3 websites that made up the income for July are in the self help / productivity niche.
This is what makes it so difficult to project, and answer the common questions I get from so many readers that look like the following:
and the list goes on…
I believe that money can be made in most niches. However, there are too many variables at play to confidently conclude how much and how long it will take.
I will continue to write about my niche websites periodically to share how they are performing, what I am doing to make them successful, what is not working and so forth.
But that said, my main focus outside of this blog has been my authority website, which I recently previewed. You can read more about the shift in my direction and why here.
And if you are interested in following or participating in the process, you can access the Authority Site Duel portal here.
What are you focusing on these days? Numerous, smaller websites or one large authority website? Why? What topics would you like to read about in the Authority Site Duel? What are you struggling with in your online business that you need help with?Previous: The Authority Site Duel Challenge Portal