money4.jpgWhen I started this blog I have to admit I had little to no intention to monetize it. I wanted to learn how to blog and to use this site to blog about my niche websites and other projects. I had never blogged before and I wanted to learn how.

I started this blog on Dec. 1st if I recall correctly so I have now been blogging about 3 months. It didn’t take me long to come across blog income reports from the various blogs out there in the blogging world. It seems that many of them delight in reporting these income reports and it quickly became apparent why.

In a nutshell readers love them.

They flock to these reports it seems but I am not sure why. Do they want to see how their own income compares or are they just looking for proof that money can be made with a blog? Maybe one of you who read this can offer some suggestions as to why people like these so much as I don’t really care for them much myself.

I prefer to toil away in private and keep my earnings to myself for the most part. Most of these reports that I have read have come across as one of two things…either blatant bragging or an absolute crock of crapola.

I have read some wild claims that are clearly an absolute load of BS but somehow the blogger writes the post without being struck by lightning. I would hope that most can see through the BS but as PT once said…there’s a sucker born every minute.

Blog Monetization

My plan has always been to build the base of my blog before worrying about monetizing it and as such I have not put much effort into the monetization piece of it until recently. I decided to give it a go for February and start trying to introduce some private ad sales and a few other sources of income. I am far from where I expect to end up but happy overall with my first real month of effort.

If you consider these two revelations, that people like income reports and I am starting to earn income from my blog then it would only make sense that I will start providing an income report. It goes against my nature and I am not sure that I will continue them in the future but we’ll see how it goes.

The income that I am reporting is 100% generated by this blog and this blog alone, I am not including any revenue generated via ebay or my niche sites. I didn’t see the relevance of that income as most are more interested in what they can earn via a blog.

My First Income Report

So this said I present my first income report. I feel like I need to defend my efforts for some reason, when you compare to someone like John Chow my measly income from this blog pales in comparison. I prop myself up by remembering that 99% of bloggers make next to nothing from their blogs so I am doing well in comparison. I have zero expenses incurred generating this income as I don’t use PPC or any paid advertising to generate traffic to my site.

As I said, my income report is still quite humble compared to those of John Chow and that crew but I am sure he didn’t make a whole lot in the early days either….at least I keep telling myself that. I am still building my foundation so don’t be too hard on me.

febincome2.jpg

As you can see no one category has emerged as a main source of income. My intention is to eventually generate more income via private ad sales than I have here. I introduced these last month for the first time and did reasonably well but my prices were quite low too.

Private ad sales are consistent and dependable but I need a better RSS, Technorati, Alexa and Traffic rankings before I will be able to consistently sell out my ad space. I am only dipping my foot in the water right now when it comes to this. I know I am not a heavy enough hitter just yet to command any kind of premium price but that is my goal.

Just the Beginning

So for my first real heavy month of monetization 420 bucks from this blog alone is ok by me. My Harley payment is 300 bucks a month so I paid that bill as well as the insurance. So is it a 30k income report like John Chow…nope not yet but if you could buy a (insert whatever toy you like) Harley Davidson with your blog then that would have to be a good thing.

The knowledge I have gained concerning blogging and how to monetize via a blog is invaluable and I have some future plans to really ramp up my efforts. I have only just started with this blogging stuff but I have found that I enjoy it quite a bit and I am looking for other opportunities as well.

My intentions are to really ramp up my efforts in 2008 all while providing a good value for my readers. If my or any blog isn’t interesting enough to read then it won’t be worth a nickel.

How about you…..did you make any money blogging last month?

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