Hi Friends,
Each month I share with you how I make money online. I’m a SAHM with two toddlers and if I can do this, you can too. I use my graphic design skills and monetize them. I share this information with you because;
1) It’s motivating to others
2) I want to document my progress, my failures, and hold myself accountable
3) I want to try to break the standard blog that makes money online by blogging about making money online
This report does not include what my husband or I make outside of the internet, it only includes what I make online.
THE INCOME
Etsy: $267.15
Zazzle: $338.05
Zazzle Bonus: $96.82
Adsense: $3.15
Amazon: $0.00
Affiliates: $0.00
Total Gross: $705.17
It’s a shame I don’t get to keep it all. I have to take 35% off from $705.17. 25% is for taxes, and 10% is tithe. I pay more taxes being self-employed than I would be if I was employed by another company. How crazy is that! I’m now understanding why it’s so important to vote about tax issues. After all that is subtracted, I only get to take home about $460. I have very mixed feelings about my hard-earned money and politics.
MAKING MONEY
Etsy
About 90% of my Etsy sales are made through customer interaction. Usually a customer will contact me wanting to make a specific edit or to see if I have an item available that’s not listed. Through the contact I’m able to positively answer their questions, and about 90% of those who contact me end up making a purchase.
I would say that Etsy takes up about 70% of the time I spend on the computer due to Etsy being the only shop where I have a lot of interaction with clients. We have to communicate to get the proofing process completed. I spend a lot of time working on revisions. Most of the revisions are due to more things being added or the customer changes their mind on the wording. My spelling/grammar mistakes actually take less time to fix than making 2 or 3 more revisions for additional details.
However, about 75% of my revisions are my fault. I’m almost always guilty of misspelling or creating a typo. I end up causing myself stress because I’m going too fast and not proofreading thoroughly. I’m guilty of reading too fast and my mind is picking up the word that I typed, but it’s not picking up the misspelling.
I actually closed the shop for 4 days in February to give myself a break, organize my thoughts and to refresh my mind.
Zazzle
I thought something happened to Zazzle in the beginning of Febuary. My sales dropped dramatically. I usually average one sale a day. It seemed like a whole week went by before I had a sale. I was on the Zazzle community forums and noticed others were seeing a drop in sales too. Some other popular wedding vendors were having a Valentine and President Day sales due to slow sales. I figured due to the biggest romantic holiday of the year, wedding stationery purchases would be slow. People are spending a huge chunk of change on their loved ones instead of their wedding stationery.
I was surprised that I made as much money as I did with Zazzle during this month. I thought due to the slow sales my total blog income report would be around $400 or less.
I also noticed that I have an increase of sales around the beginning of the month and the middle of the month. I give this increase during these dates to customers receiving their paycheck.
I was looking into my zazzle web stats and noticed that half of my sales are coming from a third-party referral. Someone is referring a customer to zazzle and for whatever reason this customer decides to buy my product instead. I’m able to track people being referred to my zazzle store, but I am unable to track if a purchase was made by who referred them. It’s frustrating. I’m curious to see how other people are marketing my products. If anybody knows a trick to this please let me know.
Adsense
Adsense is still laughable. Which leads me up into this next topic..
Blogging Stuff
Since talking with Moe (more about Moe and her juicy goods here) I’ve been working on another change of business plans since my last post here. I’ve done a lot of blog and etsy maintenance in the past month. So much maintenance that I’m in a burn-out phrase of making hideous little tiny edits that will be worth it in the end.
I have a new goal for my blog thanks to Moe.
I’ve also decided to drop my talent into another niche. I know, it’s not like I need another project on my hands, right? But look at Pat from smartpassiveincome.com, he has over 7 different niches and a load of affiliate sales to maximize his profits.
Pinch of Yum has two niches, and really focused affiliates. I think their product is so unique in their market that it ends up being more profitable.
…but back to different niches and growing our current products. I read on a post on YHL that John mentioned how nice it was to finally have all their hard work pay off. That’s 5 years of working almost non-stop (except weekends) on projects, blogging, creating, crafting, DIYing.. you name it. And a lot of blog maintenance. FIVE years!
To think I’ve only been in this business for one year, and I have so much more work to do. The important step to grow your business is using the Dave Ramsey method. Small steps. Baby Steps. The little pesky bills (or projects) get done first before you start picking away at your bigger projects.
So what’s my plan of attack? What pesky little projects do I need to finish to grow these monthly income reports? Well, you’ll have to stay tuned for next month. :) Total teaser, I know. After all I’m still refreshing my brain since I’m in the middle of my Etsy break (I schedule my blog posts, so much easier and less stressful).
That’s all I have for our February Income Report on how we make money online. Leave a comment with any suggestions, questions or helpful hints/tricks. Thank you for reading, purchasing and making this a success!
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