Monthly income report for June 2020

Monthly income report for June 2020

I’m actually feeling a bit of a relief as I’m typing this. We are now halfway through 2020, and so far, it’s been the weirdest year of my entire life.

We’ve been hit by a virus that has completely decimated my primary business (travel blogging), the economy is barely hanging on by a thread, and everyone is arguing (like children) whether or not wearing masks are effective. Insults are being slung left and right, and I am getting to the point where I’m ready to turn off the news for good.

Despite all that, here I am chugging along almost like normal – at least when it comes to overall income from my online businesses that is. How the heck is that even possible?

June 2020 income report
A summary of the monthly income from my online businesses from December 2015 to June 2020

Everything that went well in June

Just like my last income report, I’m struggling to come up with a list of things that went right for the month. Yeah, the income wasn’t so bad, but things are looking bleak for my travel blog (and associated YouTube channel) and there are no signs of recovery / growth in sight. That being said, I guess there some positive events from the month of June:

  • Two out of the three videos that I published for my travel brand did fairly well. 35,000+ views is nothing to shake a stick at, so I can’t really complain about that I guess.
  • I’m starting to see results from all the affiliate marketing content I’ve been publishing across all my websites since May. Affiliate income hasn’t increased much yet (I didn’t expect it to), but I am getting a lot more clicks. That’s a step in the right direction…
  • Blog traffic continues to grow across all my brands (except my travel brand of course).

Everything that went wrong in June

I know. My natural tendency when writing these summaries is to be all “negative Nancy” like. I’m feeling a huge burst of negative energy as I begin this section of the report, but I’ll try my best to keep it succinct and compact:

    • You know how I said that two of my videos did well in the month of June? Well, one completely bombed. Not only that, the two videos that did well completely bombed the first few days of being published (which is unusual for my channel). Hardly anybody clicked on them, and it wasn’t until the third or fourth day that they started picking up steam. The last video in June started out exactly the same way. An extremely low number of views at first, and unfortunately, it never took off like the other two.
    • The traffic to my travel blog (my primary blog) keeps dwindling. I’ve been reporting this over and over for the past few months, but I always secretly think that I’ve hit a bottom and things will start leveling off. But nope. My travel website is literally dying right in front of my eyes.
    • Speaking of my travel brand, there seems to be no hope for travelers based in the US. With so many people in this country feeling like the virus isn’t a big deal and it doesn’t affect them, nobody cares about trying to stop it. This means that there’s no chance of other countries allowing US citizens in until we can get things under control here. In other words, I may not be traveling much at all for the rest of the year. That’s really going to hurt my travel blog and it’s associated YouTube channel.
Please note: some of the links in this article may be affiliate links. This means that I will get paid a commission if you buy something or take an action after clicking one of them.

June 2020 income report (7 blogs and 3 YouTube channels):

  • YouTube Ad revenue: $279.18
  • Website display ad revenue: $52.07
  • Affiliate Marketing: $123.51
  • Sponsored content: $900
  • Patreon: $851.94
  • Digital product sales: $1173.50
  • Dividends: $0

Total income: $3,380.20

June 2020 Business expenses:

  • WP Engine (web hosting): $95
  • ConvertKit (email marketing): $27
  • SEMrush (keyword research): $99
  • Gumroad (for selling digital products): $10
  • QuickBooks Self Employed (for bookkeeping and invoicing): $10
  • Adobe Creative Cloud: $52
  • Vimeo: $7
  • AmaLinks Pro: $11
  • Shopify (for selling digital products): $29
  • Epidemic Sound (for YouTube music): $15
  • Sync (secure cloud storage): $8

Total expenses: $363

Total profit (income minus expenses): $3,017.20

As you can see, it wasn’t all that bad of a month (financially). I’m extremely thankful to have had that sponsorship to give me a boost, because without it, things would have been completely abysmal.

The bad news is that I don’t have any sponsorships lined up for July. The next income report is going to be a doozy. In a bad way.

All the things I’m working on for the month of July

  • Finally, after all these years, I’ve decided to begin the development of merchandise for my travel brand! This has been a fairly big item on my to-do list, since I have a decently-sized audience over there and they’ve all been asking for merch of some kind.
  • More affiliate marketing! I’m basically creating affiliate / buyer-intent content for three of my online brands, and not doing much with the rest. Hey – I’m only one person, and I can only do so much. I’m doing what I can!

And that’s pretty much it. I’ve slowed down my content production schedule for my travel brand (not permanently of course), but I’m ok with it because it’s giving me the opportunity to focus on some of my other online projects.

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