In my attempt to turn websites into my full time business, I’m finding that the “satellite sites” we’re building are becoming a more important factor into the equation that will ultimately determine whether we can make the jump. I mentioned in an earlier post that the 10 sites that we had up were bringing in an average of $36.74 in October, so I felt shooting for $50 a site (rather than the $100 I had originally mentioned) would be a reasonable goal. This past month saw a nice increase in profits from the majority of these sites (as I did a bit more promotion of them).
As mentioned before, there is basically no cost (except time) for me to build these sites as we already have a server we pay for for the main site that has plenty of room to host them. This is a combination of adsense and text link advertising on the sites and includes all the satellite site, but does not include this site or the main SavingAdvice site.
Satellite November profits
The average for the 10 sites this month came to $54.09 which shows that an average of $50 can be achieved with some effort. I suspect that this average will drop with the new sites coming into the system until they can get placed in search engines, but even if the average falls for awhile, if I can continue to beat the previous months combined total then I’ll be in good shape.
I was also able to get 5 new sites up this month (actually, 4 were new and one was up, but I hadn’t been tracking its earnings for some reason). As would be expected, most have hardly any earnings since they were only up a partial month, but one (other than the one I hadn’t been tracking) has done surprisingly well for the short period. I will be adding these into the overall average beginning next month
Overall I’m extremely pleased with the progress this past month and if this can be maintained, the satellite strategy along with the main sites can work. December should be an interesting month with the holidays which I anticipate will make my revenue lower than in November.