Thank you Rachna for setting a great example for all of us women or men. Analytics help us deliver better content to our audience. Rachna had some great new stuff to share and I am glad we did it! To put it simply, active income is the money you earn while actually working, while passive income is not linked to the time you put in, and usually comes from things like product sales or investments. Okay, your product is released I am an envato elite an planning to do something new.
Trending News
I am the founder and owner of Entheos, which is a web design resource site. Entheos has 5 main streams of income:. Entheos gets approx. Our biggest source of traffic would have to be Google. Google accounts for approx. Most of the traffic from Google is for our free tutorials and resources.
One-Time Purchase vs. Subscription Model
That is why this website was created. In March 1, this website was live for 15 months. This website’s main source of revenue for those 15 months was advertising and the sale of a few WebSite Starter Kit. It’s not a lot of money but also it is not 0 — so it is possible to make money online with a website. A coffee and a day old donut a day. You will work hard on your website.
Designing and Coding Themes
That is why this website was created. In March 1, this website was live for 15 months. This website’s main source of revenue for those 15 months was advertising and the sale of a few WebSite Starter Kit. It’s not a lot of money but also it is not 0 — so it is possible to make money online with a website. A coffee and a day old donut a day. You will work hard on your website. Tweaking and adjusting, checking and rechecking, making sure monet is just right. You will devote hours to your site.
Although hours sound like a mucg, it is really not that bad. Over the course of days it is only a little over an hour a day. And that includes creating the website, writing all the content, template word blog posts and all the promotion. Basically everything you do relating to your website is included in this templxtes hour a day. In the cxn year you will not be making a lot of money but you will not lose money. Lots of hard work, with little gain. That is more like.
Yuo looks more like the truth. The real world. But you should not be surprised. That is usually how it is at the beginning. All pain and slow gain. But this should not discourage you. The important point to remember is that you are building temmplates.
At the beginning it is not worth. Only after it is built into something can you expect returns. The beginning is all, give, give. No. Once the website is full of content and provides value to visitors they will come. And they will pay you. Best of all, they will invite their friends. But all of this is later. The above results might be a little depressing. To cheer up we can make some projections into the future.
We want to know: how many visitors do you need to earn a day? After doing some basic multiplication:. This is good news because it sounds possible.
Out of all the Internet users out there you just need a measly 6, to come to your site every day. Then you can quite your day job.
As comparison, some of the most popular blogs have 50, visitors a day. But please keep in mind, this is just based on the first year of this website.
And it is almost all based on advertising revenue I did not have any affiliate sales and only 3 product sales. You might have other streams of revenue so your required number of daily visitors might be a lot.
It all depends on how much money you can earn for every visitors. It does well, but there are sites that do a lot better. If you could sell it to 1 in every visitors then you would be doing almost 50 times better than this website.
Of course the challenge is having a product and website which can make a sale to every th visitor. But even a sale to every th visitor is not bad as long as you can get allot of traffic. Simply 24 times more visitors. All you need to do is getvisitors a day to your website. I guess all those wild claims on the Internet are possible.
The only catch is that it is very difficult. Actually I would say almost impossible, but maek based on advertising revenue. Instead of trying to get the unreasonable amount ofvisitors a day, your time will be better spent figuring out a better revenue model for fewer visitors. A way to make more money from say 6, visitors sslling day. Advertising is only one method to make money online. By trying other methods like affiliate sales, or consulting, or your own product sales you could make a lot more money from visitors a day than a how much money can you make selling web templates withvisitors a day.
By changing my revenue methods and increasing it to 5 dollars for every visitors a realistic goal with affiliate or product sales I would need 48, visitors a day. There is another way to predict how much money you can make online especially if you are planning to make money by advertising — have a look at your competitors’ website. Open your favorite search engine and do a search for your competitors. Then click on the first search result. If the wen has advertisements you are in luck.
Usually they will also have a dedicated webpage page for potential advertisers. Click that link. This will take you to a gold mine of information.
Here the webmaster reveals how much traffic they receive and how much they charge for banner space. All that you have to do is simple math to figure out how much money they make. Finally count all the banners on the website. Now you know how much money your competitor makes with their website. And now you know how much money you can make with your website. It is important to mention that impressions are not the same as visitors. Every time the banner is viewed it counts as an impression.
So a single visitor can cause multiple impressions. For instance, if the banner is on two web pages, then the visitor creates an impression on the first page, then when they go to the other page this causes another impression. And if they go back to the first page then that causes another impression. Three impressions from one visitor. But the calculation accounts for only one banner on one page. Since there are more than one advertising sections on the webpage we need to add up all the advertising on the page.
The competitor has 5 advertising sections on the page. So it is probably a very good estimation. The only thing that cna how much money you will make every day is the rate at which you can get visitors.
For this website it currently takes a whole day to receive visitors, but for the competitors’ website used in this example it takes just over 2 minutes. If this website has helped you, or if you believe in Karma, or most importantly if you want me to feel good:.
I was wrong — really wrong. At the beginning I did not know anything about websites, SEO, blogs, and how long it takes to make money with a website. By revealing my journey I hope this website will help prepare you for yours.
How Much Money Can You Make Online, Really?
How much a WordPress developer can earn from making plugins or themes will depend on a lot of factors from startup budget to skill level to the level of innovation the product provides. So this is another good argument to enter the field now while the iron is hot. Comments Scott :: IrnMedia. All the best to you. A million blogging lessons says:. Great Work. Its great to hear stories of success from other internet marketers. Compare Kinsta. Be it plugin or theme, it needs to offer a feature no one else has or at the very least, perform that function better than your competition or provide a unique look with true functionality. I too am just starting out and Rachna just echoed all the points I have picked out as the unmost important issues. However, they also have the advantage of time on their hands, as they have a very well established brand and theme. No mention was made of the buyer fee. Powers interactive services such as chat support and customer feedback tools. March 19, at AM. I was hoping to get a little more explanation on this statement. You should be ready to get heaps of support tickets addressing you as the Envato support team. Sophie Marston says:.
Comments
Post a Comment