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Wednesday, December 14, 2016

How Much Am I Making From Online Income in 2016?

I tracked on this last year for fun and I am going to do the same for this year.

Writing has been very helpful in organizing and strengthening my thoughts and I enjoy doing so in the midst of busy schedules.

I do get paid daily from writing on this blog and they are mainly derived from Adsense. Nuffnang also contributed a few but not significant. There were also a couple of adhoc sponsored request sometimes which I will also include. There were also many requests which I had declined due to incompatibility of the objective.




For those who are new to blogging, Google Adsense is easy to implement and they are within a click of a button to get started. The platform has 3 main avenues which bloggers can earn their money from:

1.) Cost-Per-Click (CTC)

2.) Click-Through Rate (CTR)

3.) Cost-Per-Impression (CPI)


The CTC and CTR are mainly banners displayed on the side where if someone clicked on them, I will earn a portion of revenue from it. Unlike in the US, the revenue amount the advertisers are willing to fork out in Singapore are low so they are unlikely to be significant. On average, I get about 2 to 3 clicks a day on this.

The Cost-Per-Impression (CPI) is one that you can directly have an influence on. They are computed based on per 1,000 impression into your traffic. On a good day, my CPI rate can go for as high as $7 per 1,000 impression while on a low traffic day, it can go for as low as $2 per 1,000 impression. From the blogger side, all we need to do is write and churn out decent post so that viewers are able to read and go back to your site often. Bloggers who post exciting title post without decent content (click-bait) are often penalized as their churn out rate is high but short (people click onto the link only to find out that it's a rubbish post and never return thereafter). Retention rate is an important aspects in this category as well.



The online income for 2016 came up to $1,727.06

They are slightly higher than the previous year but not by a lot. I also haven't been putting in a lot of writing time this year as compared to the previous year due to personal commitment so it's a good achievement altogether.

I hope there will be more new bloggers that will start to write as we grow our small finance community around. For new bloggers who just joined, please do not forget to approach TFS, your friendly neighbor who will show you a lot around the blogosphere. 

Thanks for reading.


17 comments:

  1. Hi B

    Now, this is certainly a useful post for me.
    My online income for 2016 is........ $0.
    Can you explain to me what's the difference between Nuffnang and Adsense?
    Or are they the same thing

    ReplyDelete
    Replies
    1. Hi TTI,

      They are different.

      It is quite easy to be a Nuffnang blogger - just go their website to resgister. But income is VERY SLOW.

      For Adsense, it is faster. But you need to be more established in order to join. But you are on wordpress, so i have no idea how you can do it. But I understand you still can register to Google Adsense.

      B's and my blog is on Blogger, so there is a link in blogger.

      Hope this helps.

      Regards,
      TUB

      Delete
    2. Hi TTTI and Tub

      Yes you are right.

      Nuffnang is a local brand and they typically promote your blog to advertizers directly if you are in their VVIP member club.

      Adsense is more general and is paid via Google.

      I think wordpress is available too and I've seen that with the other bloggers who are using wordpress. Just do note that there are some restrictions and regulations to comply just like anything else.

      I also know some people who would like their blogs to be ad-free and clean.

      Delete
  2. Replies
    1. Hi SR

      Thanks :)

      I didn't really keep track of it as well that closely.

      Delete
  3. thanks for sharing. Keep up your good work

    ReplyDelete
  4. thats a decent size side income..

    btw, do we need to be hosted?
    coz my free wordpress blog dont seem to be able to do ads..

    ReplyDelete
    Replies
    1. Hi FC

      Ah ok, so you are using wordpress.

      I think you'd need to install the adsense plugin for adsense and then place the ads and run it from there.

      Delete
    2. went to wordpress website and took a quick look. realise there are two different type of wordpress.
      -the free one, cant add ads
      -the paid one (which needs hosting) will allow you to add the plugin.

      Delete
    3. Yes chameleon. Thats my understanding too. Wordpress.org is the one that needs hosting, and that allows u to add in many different kinds of plugins.

      Wordpress.com being free, doesnt allow bloggers to monetize their sites easily. I was hosting my own wordpress site for a while, but realised its not worth the effort in terms of the maintenance required to make sure all plugins and theme u are using are compatible with the latest wordpress version. Sometimes when something gets upgraded, the whole site gets messed up. Its a lot easier to simply use wordpress.com or blogger.com as that removes all these problems. Of course, the latter is more suited for someone who wishes to monetize their blogs.

      Just sharing a bit of my experience :)

      Delete
    4. Yes chameleon. Thats my understanding too. Wordpress.org is the one that needs hosting, and that allows u to add in many different kinds of plugins.

      Wordpress.com being free, doesnt allow bloggers to monetize their sites easily. I was hosting my own wordpress site for a while, but realised its not worth the effort in terms of the maintenance required to make sure all plugins and theme u are using are compatible with the latest wordpress version. Sometimes when something gets upgraded, the whole site gets messed up. Its a lot easier to simply use wordpress.com or blogger.com as that removes all these problems. Of course, the latter is more suited for someone who wishes to monetize their blogs.

      Just sharing a bit of my experience :)

      Delete
    5. now, i am thinking if i should migrate my wordpress.com site to one that can be monetized.. (the paid wordpress.org or blogspot).. not sure if its worth the time and money to do so.

      FF4F, since you have experienced both. which do you think is a better platform to monetized? wordpress.org or blogspot?

      Delete
  5. Wow! Thats a decent amount! Close to 150/mo as side income. How much traffic do u get on average? Not sure if i will ever be anywhere close. Haha.

    ReplyDelete
  6. Wow! Thats a decent amount! Close to 150/mo as side income. How much traffic do u get on average? Not sure if i will ever be anywhere close. Haha.

    ReplyDelete
  7. Hi FC,

    I migrate from Wordpress to blogger too, to include Adsense.

    I think I roughly know B's traffic judging by my pathetic traffic lol...

    My take is, if u want to monetize it once in a year (min $150 per cheque) through Adsense, you should be writing a post every 2-3 days with views of around 2K

    I want to bang my head on the hall Liao lol

    All the best with online income.

    But I just talking about Adsense la, could possibly also do aflilate advertising or banner advertising ... but usually all these come when u establish yourself like B, drizzit or AK...



    ReplyDelete
    Replies
    1. SI,
      thanks for the input.
      how do you migrate from WP to BS? is it easy to do so?

      yes, i agree. in order to get that kind of income, substantial traffic is required. it will have to be progressive; just like passive income, it takes years for it to snowball to a nice decent figure.

      Delete

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