This is a series of reports that I will post each and every month summarising my progress. I’ll first mention the major events that may have happened within the month that could have made a difference in my earnings. I will also break down the sources of my income so that I can keep track of how each one is doing. Lastly, I’ll conclude with the most important things that I learned and what I have planned for the near future. I’d love to respond to any questions or comments that you may have. Thanks!
Important Goings On In February
Here are the import goings on this month:
Kindle and Createspace
Kindle and Createspace seemed to drop this month, even though I have released 2 new books. Neither book has been put on free promo as yet so these should along with the 3 other books I’ve got waiting to be published means that my income from Kindle and Createspace increases next month.
I got my first 2 bounties from ACX this month. This is what a bounty is:
You can get—or split—a $50 bonus payment if a qualifying audiobook you produce through ACX is the first purchase by an AudibleListener member!
So that extra $100 was a cool little bonus.
Print on Demand T-shirts (Redbubble, Teepublic and Teespring)
My earnings from t-shirts dropped massively from last month. My earnings from sites like Teepublic and Redbubble seem to be directly related to how many ‘20% off’ sales each site has that month. As both sites only had one sale each I earned a lot less than I have done for the 3 previous months.
How Do I Make My Money Online?
The majority of the money I make online comes from Kindle Publishing. Some income also comes from Createspace, ACX and a small amount comes from selling print on demand T-shirts on sites like Merch By Amazon, Redbubble and Teespring. Plus some small affiliate earnings.
This is my total from Kindle taken from the Book Report dashboard plugin for Kindle. It adds everything up into one nice figure.
Total from Kindle Publishing – $1,409.63 (£1.139.33)
Total from Createspace – $1147.37 (£926.91)
Note: I take this screenshot before the end of the day so I will get a few more sales as I get most during the night then get reported here. I don’t want to stay up until 5AM to take a screenshot.
Sold 88 audiobooks (plus 2 bounties at $50 each)
Total from ACX – $223.76 (£180.79)
Note: This is an approximation as I do not know the exact amount until later on this month (20th). So I’ve made an approximation based on what I have been paid in the past.
Merch By Amazon (Redbubble, Teespring, etc)
Total from RedBubble – $220.63 (£178.34).
Total from Teepublic – $58 (£46.89).
Total from Teespring – $10.21 (£8.25).
Total from Zazzle – $0 (£0).
Note: I’ve not been given access to Merch By Amazon yet. All my sales have come from other sites such as Redbubble, Teepublic and Teespring.
Affiliate Income – $87.86 (£71.02).
Total for February 2017
Overall this was a really bizarre month. I worked harder than I have done in the previous 2 months and earned less as a result. It’s hard not to feel dejected when that happens but that is life and how a business goes sometimes. I think if there had been 31 days in the month, instead of 28, I could have earned an extra £200-£300 so I’m not that dejected.
Hopefully, the work I have done this month will help my income to grow next month.
If you have any questions please ask them below. Thanks for reading!