Update For August- A $580 Redesign, Flippa Auctions, and Over 120 Sites For Sale!
45

Update For August- A $580 Redesign, Flippa Auctions, and Over 120 Sites For Sale!

Expenses

ManageWP: $273

Pingler: $5

Aweber: $29

Social Adr: $94

Ezarticle link subscription: $30

Free Jing and ScreenCast Subscription for
easily explaining things to workers : $10

Whoosh (CLOSED) rank tracking subscription: $99

EZarticle spin credits: $480

Copyscape: $25

Article Marketing Robot and Unique Article Wizard outsourcing: $480

Odesk writing, research, and outsourcing: $1,523.59

Go Daddy domains and Host Gator hosting: $821.11

website creation outsourcing: $40

Headers: $10

Flippa: $0

Warrior Forum Ads: $40

CPA Reborn Course (CLOSED): $27

99 Designs Header: $499

Demon Tracking (for CPA offers)+ Domain and hosting: $57

Ecamm Call Recorder: $17.95

Studio Press Theme: $79.95

Wistia: $29

Total expenses: $4,669.60

Revenue

Text link ads: $70.36

CPA Reborn: $40.50

WP Twin: $98

SocialAdr: $48

WP Goldmine (CLOSED): $18.44

Ezarticle link: $187

CTR Theme: $274.41

Long Tail Pro: $79.04

Website sales: $2,539.47

Whoosh Traffic: $67.60

Adsense: $2,010.50

One-on-one consulting: $300

Total Revenue: $5,733.32

Total Profit: $1,063.72

Total finished niche websites: 568

Niche sites currently being built: 125

Total niche websites: 683

This month wasn’t anywhere near as great as last month, but it still wasn’t bad if you consider I was on vacation for two weeks at the beginning of the month. Being on vacation meant that I couldn’t spend time answering customer questions about niche sites and actively promote my listings. Regardless of the low sales, let’s check out what I DID get accomplished:
1. I totally redesigned the Mike From Maine website. I bought the Balance theme from Studio Press. I was going to have a theme designed specifically for the site, but found this theme and really liked it. I also had a custom header made for it at 99 Designs that I’m super happy with. I hope you all like the new look.
2. A lot of my expenses in August went to sites that I’m actively building right now. When they’re all finished I’ll have a total of 683 niche websites! I’d like to have over 1,000 by November. In order to make all these sites I’m going to have to start selling a lot of sites.
3. I published a video post that was super popular with my readers about link building. I’ve received a lot of emails and messages thanking me for this really effective link building method. If you didn’t read/watch it you can HERE.
4. I took my first step into creating another stream of income that’s not connected to Adsense or niche websites. I’ll be publishing my results, whether good or bad, sometime this month. You can check out what I’m doing HERE.

So what’s new for September?

I’m going to be focusing on selling a lot of sites this month. I’ve added a ton of new sites to my Sites For Sale page. I’ve even added some sites in the lower price ranges to attract buyers who want to build niche sites but don’t have a huge budget. I expect these sites to sell quite quickly this month.

I also have two awesome sites up on Flippa right now. One of them made $51.43 in the last 30 days, and the other made $169.50. If you’re interested in checking them out or bidding on them you can at:

https://flippa.com/2813220-169-50-last-30-days-2-153-unique-visitors-no-work-required-rank-1-in-google

https://flippa.com/2812124-51-43-last-30-days-306-unique-visitors-no-work-required-1-no-reserve 

An interesting thing about these two sites is that both of them only have one page on them. Anyone trying to tell you that you need a lot of content to rank in Google is full of poo. These two sites are living proof.

Well that’s it for this month.

Thanks for all your support!

  • September 5, 2012
Click Here to Leave a Comment Below 45 comments
Rendell - September 5, 2012

568 completed niche sites … That’s a pretty handsome achievements.
Congrats on another profitable months and hope to see more with regards to your income building adventure.

Cheers

Reply
    Mike From Maine - September 6, 2012

    Thanks, Rendell. Now I just need to sell some of them 😉

    Reply
Daniel - September 5, 2012

Hi Mike,
again great to see that you go your way.
I saw that you started the CPA Reborn course and wondered if you picked CPV Lab or Prosper to track your campaigns?
Any news on the CPA result front?
Looking forward to the next post about this topic.

Reply
    Mike From Maine - September 6, 2012

    Daniel,

    I’m still in the CPA Reborn course. It’s still going on now, so I’m waiting for it to begin before starting any campaigns. I’ll be sure to publish my results here.

    Reply
chrislee - September 5, 2012

Hey Mike, any profit’s good profit and I can see you’ve invested heavily in the future – 683 niche websites – wow!!

Chris

Reply
    Mike From Maine - September 6, 2012

    Chris,

    The profits wasn’t fantastic, but it’s good considering how many sites I built this month. Thanks for the comment!

    Reply
yopper - September 5, 2012

I have to say I’m not impressed. Byzantine expenses, overblown process and puny income, except for a one-off uptick last month. Are you sure things are working out for you Mike?

Reply
    Mike From Maine - September 6, 2012

    Yopper,

    Yes, there have been some high expenses, but you have to spend money to make money. It’s good having people like you out there to keep me on my toes 🙂

    Reply
Mark Sojka - September 5, 2012

Nice profit report. You did spend much but you are still in profit and also have a lot of new sites so it’s a good month 🙂 I wish you good luck with your flippa listings and hope they sale for a nice amount of money 🙂

Reply
    Mike From Maine - September 6, 2012

    Mark,

    Thanks for wishing me luck with my Flippa listings. I’m hoping to get some nice cash from those sales.

    Reply
Steve Wyman - September 5, 2012

Hi Mike, congrats on a strong month. Awesome sales page.

As to Poo.. well ive been saying that for a long time. especially againstthe guys that failed and no say its not possible. I wish youd had this evidence during the debate a few months ago..

So i have a few important question for you.

What the 1 thing you discovered that has contributed to your success to?

The basis of your process is familiar to me and we both know the adsense flipper system. BUT youve made a leap forward it seems.

Keyword research looks straight forward but im guessing your hitting an above average success rate. So for domains youve bought what percentage generate over $3 a month? in their 1st three month?

Traditionally there has been a high failure rate on adsense sites as high as 80% for some people

Reply
    Mike From Maine - September 6, 2012

    Steve,

    Thanks for that…glad you like the sales page.

    The one thing I’ve discovered that has contributed my success with niche sites is keyword research. If you mess that up then you can build 1,000,000 links and a ton of content and you still won’t make much money. You need to really nail that part to be able to be successful with the rest.

    The key is that most of my sites don’t make that much money individually. But put together as a whole they’re able to earn quite a good income. I’ll have to do a case study sometime to get the details for you.

    Reply
      Rob - September 8, 2012

      I also agree with a previous poster who has suggested it seems you are hitting significantly more than missing with your sites.

      I have watched your kw research videos and I am wondering if there is a specific area of the kw research process that you have focused on, consider most important, or better yet…is “the” area of the process that you feel has contributed the most to your overall success? I.e top 10 google results list, etc.

      Reply
        Mike From Maine - September 9, 2012

        Rob,

        Yeah, I have 600 sites and 130 are up for sale. I’ve sold about 70 sites. So 200 “successful” out of 600 (even though some are still new) give me about a 33% success rate. And that’s not to say that the other sites aren’t making any money…plus a lot of them are new.

        Reply
          Steve Wyman - September 13, 2012

          OH NO.

          LETS BE CLEAR

          Mikes success rate is FAR better than many big names. And a lot better than those who have failed miserably and are now born again authority site experts.

          My questioning is simply to tweak out the reason he’s getting 30%+ and most other get 20%

          So Im merely hunting pearls of wisdom.

          My personnel goals are 80-90% make more than $5 a month Im probably around the 60-70% at the moment on new sites. But that leads to extensive testing and keyword research that reject 99% of what i find.

          And just to share on of my ideas. I now never buy a domain thats had links built to it that still exist. Simple check the domain in majesticseo for free and if there are old or new links i dont buy the domain. Just something ive found reduces my failure rate.

          Reply
Mohamed - September 5, 2012

Mike – new site layout is great! Much nicer than the old…

Reply
Mohamed - September 5, 2012

Mike – one more suggestion, links that open into your site should open in the same tab instead of a new one. Drives me crazy that links that point to pages on your site open up in a new tab/page.

Reply
    Mike From Maine - September 6, 2012

    Ok, Mohamed, I’ll take a look at it for you 🙂

    Reply
Terry - September 5, 2012

Thanks for this post, Mike. It is enlightening to be able to take a peek behind the scenes of an online business like this.

And it is quite interesting that those two niche sites could rank like they do with only one page of content. (BTW, you might want to fix the target of the second link.) I’m wondering what strategy you used to get these sites to rank.

Is that information perhaps spelled out in your Free Niche Site Course?

Reply
    Mike From Maine - September 6, 2012

    Terry,

    Thanks for letting me know about the link.

    Yes, the sites don’t need much content to be able to rank in Google…it’s pretty amazing.

    Yes, the information is in my free niche site course.

    Reply
paul - September 5, 2012

hey mike you say you have over 680 sites however your adsense earnings are only 2k, thats only roughly 3 buks on average per site….do you have a lot of non performing sites

Reply
    Mike From Maine - September 17, 2012

    Paul,

    Building niche sites is all about the numbers. Some of the sites will fail. Some will be make a killing. Some just average. It’s the way it works.

    You can’t make 5 niche sites and expect to make a lot of money from them. I’d suggest making at least 10 to 20 to get a feel for the whole process and then outsource everything to really ramp up the process.

    Reply
Matt - September 6, 2012

Wow mike, congrats! You got a TON of sites!

Are a lot of them not making any money as of now?

I just my first batch up following your techniques and have seen all but positive results, looking forward to start hitting some bigger numbers in the next months 😀

Reply
    Mike From Maine - September 17, 2012

    Matt,

    About 30% of them make over $2/month. Some make a lot more than that.

    Reply
Steve Wyman - September 6, 2012

Hi mIke

Your response is not diaplyed here but i got it in a threaded email response.

Keyword research is pretty well documented these days, youve done that as have the adsnese flippers.

CPC, exact search, seo value etc. It strikes me youve found a niche with in the niche. Where you have as you say lots of small earning sites. thats sweet.

I was speculating that their a single thing that youve added thats making this happen. maybe adding spyfu analysis, or it could be your keeping it simple.

So just curious if there something you’ve not documented already in the process?

For example Ive been looking at a few ideas to reduce the number of failure that can happen such as using majesticseo and not buying domains that have large numbers of historical back links.

Reply
    Mike From Maine - September 13, 2012

    Steve,

    I’ve finally fixed it and gotten it to thread. Thanks for that.

    I’m actually pretty happy with my failure rate right now. I’m hitting over 30% of my sites being profitable (probably more like 40%). Everything in my process is documented in my free course. I’ve opened the curtain and showed everything.

    Reply
      Steve Wyman - September 13, 2012

      Hi Mike

      Well done on getting threading working. It really helps.

      Ive responded above to the other part of this discussion following the question by Rob.

      Clear your not alone in assuming the worse..

      Your doing great. Im merely trying to tease out any insight you may have as I aim for 90%+ going forward. Im certainly over 50% easily.

      But my process is painful and takes a lot of work. Id rather do that than waste (my perspective) money on domains and content. I shared an idea above which may be valid.

      lets not be confused.

      Your Crushing it..

      Reply
        Mike From Maine - September 13, 2012

        Steve,

        Yeah, I agree..it makes it much easier to understand.

        My process is less tedious than others…with my link building process I’m able to at least get on the first page for a lot of terms. Thanks for your support.

        Reply
Cudjoe - September 6, 2012

This was indeed a lot of investment and obviously the results were reaped. You’re truly transparent just like Pat of SPI.

Reply
    Mike From Maine - September 17, 2012

    Cudjoe,

    I built a lot of sites this month so I won’t see the profit from them for another few months.

    Reply
Rob - September 6, 2012

Mike,

The second flippa link for the $51 earner appears to go to the auction for the $169 earner. Maybe it is just my phone?

Also, did your Adsense revenue drop as a result of sites sold? Either way looks like you are setting yourself up nicely for the months ahead.

Reply
    Mike From Maine - September 13, 2012

    Thanks, Rob, I’ve fixed that.

    Yes, I’ve sold a lot of sites lately so my Adsense should really drop. My goal is not to make money with Adsense, but to make money flipping the sites.

    Reply
Cornelius - September 7, 2012

Mike…You have some insightful information on profit and expense report. Why do you choose Host Gator instead of Bluehost for your hosting company? I like the fact you manage so many websites well. Do you group them into certain categories as well? Finally, I like to thank you for personally responding back to me when I sign up for your email list. I’ve never had anyone respond back to me personally by commenting on my profile pic. Nice touch!

Thanks for all you do.

Reply
    Mike From Maine - September 13, 2012

    Cornelius,

    I’ve been using Host Gator for a while now and their customer service is great. Bluehost is probably also a good company, but I just prefer using Host Gator since I already have hosting there.

    Nope, I don’t group them into any categories. I’m just concerned with which ones are earning.

    You’re welcome for responding back. It’s very important to me to personally contact everyone on my list. Without you guys this blog wouldn’t be what it is today. Thanks!

    Reply
jsper - September 7, 2012

Mike, are you working a 4 hour work week!

Your comments are not threaded and your not replying to comments (some anyway dont you like the question?)

Also this doesnot appear on the home page?

Reply
    Mike From Maine - September 9, 2012

    Jsper,

    I’ve fixed the comments now…thanks!

    Reply
Jude Austin - September 8, 2012

I couldn’t even imagine making $2000+ a month on AdSense.

Or owning 600+ websites for that matter.

Have you any luck with the CPV and CPA method yet?

I would like to know more about that little quest also.

Keep up the good work!

Reply
    Mike From Maine - September 9, 2012

    Jude,

    I won’t say it was easy or cheap to create over 600 sites making thousands of dollars with Adsense. It takes time and money.

    I’m still taking the course on CPV so I’ll write about it as soon as I have something good to report.

    Reply
James - September 17, 2012

Hi Mike,

Are you using more text ads or text/image ads? Great info by the way!

Reply
    Mike From Maine - September 18, 2012

    James,

    I use both text and image ads. In this way Google can serve up the highest paying ad.

    Reply
Matt John Canty - September 19, 2012

Nice! I like how you show all expenses and income. We currently just show income at the moment but may change that soon

Reply
    Mike From Maine - September 19, 2012

    Matt,

    I think it’s really important to show what your spending because I could make $10,000 in a month, but if I spend $11,000 to make it then I’m not really making any money. PROFIT is much more important than revenue.

    Reply
annie - September 23, 2012

Hey Mike, Great job with the blog! Is most of your domains EMD or if they are PMD what do you usually put at the end? Thanks

Reply
Who is Mike From Maine UPDATE: I got knocked down, but I got up again...and again...and again - April 29, 2013

[…] August,2012 I did a complete redesign of the website. I also invested heavily in site creation, and thus […]

Reply

Leave a Reply:

Loading...