Earnings Calculations
Written by Khalid Al-Khames on February 14, 2008 – 12:01 am
Lately I’ve been doing a lot of thinking about how I intend to earn enough online for it to become my full time job and main source of income. It has been something that I’ve calculated and re-calculated, considered and edited. I’ve amended it over and over until I had the right amount of sites with the right amount of traffic.
So far I’ve got 15 domains registered. Only a handful are fully developed into websites and even less require continual maintenace. If I break them down into categories and say 5 require a daily update (like a blog post) and get 2,000 uniques per day and 10 require little or no maintenance and get 1,000 uniques per day, I have come to the following conclusions…
5 sites x 2,000 unique visitors = 10,000 uniques overall.
5% of 10,000 = 500 clicks per day.
500 x 0.05 = $25 per day in revenue.
My 10 sites would generate the exact same, totalling $50.
Not a lot is it? Sadly, that’s how the projections are looking.
So I’m aiming for 30 sites by the end of April. Give or take a few dollars on each site and I could be earning $100 per day.
Are my calculations completely wrong? What do you think?
Tags: calculations, earnings, projections
Posted in Business, General, Projects |
February 14th, 2008 at 8:37 am
What about other ways to monotenise your websites like using affiliate links or selling advertising?
February 14th, 2008 at 10:40 am
I think that that is probably a good calculation. Going by the theory that hardwork pays well.. if you have sites with hardly any maitenance i don’t think they would naturally make a lot of money? Am i just be negative??
February 14th, 2008 at 3:42 pm
Pink - I am basing my calculations on purely ppc advertising as this does not require the user to do anything other than click on one of my ads. I will look into the other methods once the site’s are big.
Nathan - I’m glad someone agrees with my calculations, I thought I was mad putting in all that hard work for, what could be, less than $50 a day! Not all my sites will be maintenance free, just the MFA ones really.
Khalid.
February 15th, 2008 at 5:25 pm
I think you’re going about this the wrong way, personally. Running 15 sites at once, imo, is a little silly. You can’t possibly keep 15 sites running smoothly and keep adding content to them every day alone… If most of them indeed require very little to no work after the initial set-up, then fair enough, but… I would focus all of my time on just 4-5 sits and try to squeeze every last ounce of money I could possibly get per day from those 5. If you work more on less sites, you’ll almost certainly see a greater return.
Just my thoughts!