Monday, June 29, 2009
Hubpages + Amazon Revenue Update and a Nod to Keyword Academy
Sign up for Hubpages for free and get started creating a passive online income for yourself.
So it's been awhile since I gave any update here. I figure I better reiterate what the original plan was and how it has morphed since the beginning of the Amazon + Hubpages experiment began on June 13. (That was 16 days ago.)
The original Hubpages / Amazon affiliate experiment
Originally my plan was to create 300 hubs by July 4th. I would've had to have been writing about 15 hubs a day. That has not happened at all. I got caught up a bit when I re-thought things and realized that could end up being a major waste of time. In all reality, I was probably just balking.
For all you new hubbers, the fact that I don't have an Adsense ID means that I am going to leave a lot of money on the table for Hubpages to pick up if I go and create a bunch of hubs. Nevertheless, I have seen some promising reasons to go forward with my plan to create hubs that specifically focus on trying to make money through Amazon affiliate links. (Hubpages lets you easily stick these product links on your hubs, provided you have an affiliate ID with them, which I do.)
Hubpages + Amazon affiliate revenue so far
So far I have made some good Amazon sales through some of my hubs. I have 25 total hubs. And I have made about $19. So, let's do some math so we can extrapolate this data out into the future:
$19 / 25 hubs = $0.76 / hub
That took place over 16 days, so we can call it approximately $1.50 per hub per month. That means over the course of one year each hub would be worth $18.
These estimates are actually conservative. The fact is that at least a few of my hubs are not targeting Amazon sales. (They do not even have affiliate product links on them.) Furthermore, some were thrown together haphazardly while others I concentrated more upon. Based on the little sample of data that I have so far, there is definitely a return on that extra effort involved in the initial creation of the hub.
$17 of that $19 came from one or two hubs selling the exact same product. What is that niche? I'm not going to tell you that. I will tell you the method I have favored and which has led essentially to all of my Amazon sales: Reviewing a product or multiple similar products, and puttin the Amazon link underneath each review. (i.e. in between two reviews) Whatever you do, I don't think you want to hide that buying opportunity amongst too much crowding on your hub.
The above is a perfect example of the way I've been laying out my Amazon hubs for the most part. It's taken from a hub which has done very well, producing I think a couple hundred bucks for the author, Mark Knowles, on a monthly basis. He is a great guy to follow on Hubpages because he represents the "well-thought out" approach to making money over there. All in all with this approach to making money online you end up doing less writing but more thinking. If you can leverage your brain you should be able to do at least as well as others who are bombarding the space with articles. This is kind of in keeping with Grizzly's less is more philosophy. We'll see how it continues to work out.
A community of like-minded money-makers: The Keyword Academy
Without the Keyword Academy, I never would've thought to get into Hubpages, so a big shout out to Court and Mark who have put together an educational resource and community of like-minded "make money onliners", many of whom (including your truly) who will probably end up being able to create a sustained passive income form applying what they teach.
If you sign up for the Keyword Academy, the first month will only cost you $1. You pay through Paypal and you can cancel through Paypal without dealing with Court & Mark at all. If you cancel before a month is gone by, then that is that and you go on your merry way. If you decide to stay on like I have decided to do, then it will cost you $33 per month. I can tell you it is the best money I have ever spent in my life, in terms of getting a financial return on money spent. By the way, make sure to sign up for the trial month which allows you access to the forum: this is the premium or $33 option. It's in the forum that I have gained most of my knowledge.
The bottom line is that making money online is not hard. It mostly requires a good model to follow and some work on your part. If you can grasp the basics and implement them, it should be easy to recoup any initial expenses (Keyword Academy, domain, hosting, etc.). After that it all starts to be come gravy, and if you have a bit of smarts about you, you will figure out ways to cash in on "the buying public" while genuinely helping them at the same time. This is what Taking Hub Mountain is all about: putting Google's love for Hubpages together with people's trust of Amazon in order to develop as passive an income as possible. All from the comfort of my computer chair in my apartment in New Jersey :-P So jump on board and let's tackle this thing while it's hot!