If you're looking to make an income online,
whether it's to allow you to quit your job, provide a retirement income,
or even just to help you make your monthly payments or pay off your debts.
Then in this video,
I'm going to break down my online earnings for February 2021
to show you what's possible in just a relatively short period of time,
and hopefully motivate you into building your own online income.
Or if you already making money online,
give you some ideas on how to increase it or diversify your income into
other areas. Now, if you've not been to this channel before, then welcome,
my name is Paul Marles and I do videos on how to make it, keep it and grow it.
And that's your money I'm talking about and If you do like videos like that,
then please do give a thumbs up,
hit that subscribe button and smash that notification bell to receive
notification of when I produce more videos like this. Okay.
So the money I make online comes from two main areas and
that's KDP and YouTube.
Now the money from KDP is I would say passive.
I still get an income from books that I produced a couple of years
ago. And in fact, last year I didn't create that many books,
but actually the income increased steadily.
And I guess YouTube is passive of sorts. Now,
if I stopped posting then and views would go down and income
from the ads on this channel would also go down.
But sales I make from affiliate income,
which we'll come to soon is a kind of recurring income.
So that would persist despite YouTube views going
down. So that is really a pretty good passive income to
create, but YouTube is passive of sorts.
I still get money from YouTube ads on videos that I
made a year ago.
So we'll look at YouTube first and then we'll go on to KDP,
which is the creation and publication of no content and low
content books. So with YouTube,
my income was
$3,555 and 94 cents. Now this is the revenue that comes from ads,
but that revenue from the ads was quite a big increase on last month.
It was 63% on last month and also the subscriber count
has also increased, pretty amazingly.
So I've got to say thank you for all your you guys for watching
my videos and for, you know,
watching the videos on this channel and for subscribing as well, because,
you know, none of this actually would be possible.
And it's only 10 months since this channel was actually monetized.
So it's really good. What I consider good progress,
and I'm extremely happy with that.
Now product sales comes from my Gumroad shop. Now,
if you're not familiar with that,
it's where I sell lists of keywords,
which are essential for getting traffic to books on Amazon and
making those sales.
So there's keywords in lots of different niches and there's lots of keywords
there that I don't just sell, but are also for free.
So if you've not been there, check it out,
I'll leave a link in the description below to the Gumroad shop.
Now the income from Gumroad was $1061.98 Cents.
I get 0.62 of that,
which comes to $658.43
cents. Again, anyone that has purchased on the Gumroad store,
thank you very much. Got to add also, there's not just keywords there.
There's also a few different resources,
especially a free lined interior.
So if you're just starting out in creating these,
these journals in particular,
the no content lined notebooks and journals, then again,
that's a great resource that you can just download and upload that direct
to the KDP platform. Next,
the money I make from this channel is from affiliate sales.
And those are from sales on products that I
actually use, which is mainly Creative Fabrica, Book Bolt,
Helium 10 and Publisher Rocket. Helium 10,
if you don't know is probably one of the best tools for keyword research.
Publisher Rocket is also an excellent tool for
keyword research. It's a bit simpler than Helium 10,
and it does also have some other great features that as well.
And Book Bolt has loads of different features in terms of you can create
interiors, covers there.
But I use it in particular for niche research.
It's really good for that. Again, I leave the links below. Any guys,
any of you that have,
clicked on those links and bought products. Thank you very much. Again,
I get a small percentage from the sales of that.
It doesn't cost you any more and again, it helps to support this channel.
So thank you.
And if you are starting out and you want to create a YouTube
channel,
affiliate sales is probably one of the best and quickest way of
getting that income rolling on your channel.
It really is a good way of making an income and starting making an income quite
quickly. And whatever niche you decide, you know, to do a YouTube channel in,
you can almost guarantee that there are products that you can sell as an
affiliate. They could be physical products such as items on Amazon,
or there could be software products, like I've just mentioned Helium 10,
Book Bolt,
or even courses related to whatever you do your YouTube channel.
So if you are looking to do that, then really, you know,
that's probably the best way to start making money pretty quickly.
The income from affiliate sales was $2,793.46
cents. Now I do get a small income from my Merch by Amazon accounts.
That's Things like t-shirt sale,s pop
sockets, vests, that type of thing.
My income from that is a huge $19.19
cents. Do you know what? Over the months it stays at around that level.
And I haven't created anything on my Merch by Amazon account since
probably 2018. And I say this every month, but I still don't get the time,
but I really need to maybe put a bit of time into that, because again,
it's a great way of diversifying your income and a souperb
way of creating a passive income because you create your t-shirts
etc. Upload them to Amazon.
And they sit there as digital products that people can then purchase.
So again,
another way to just add to your income streams. Okay.
So now we come on to KDP sales.
And this is money I received from the sales of have no content and low
content books, low content books, being things like puzzle books,
was going to say journals, log books.
And I make most of my income from the log books. Now,
if we just look at the sales oromthe books, they've remained pretty consistent.
But you can see sort of mid month sales dropped slightly.
And I'm going to come to that in a moment and discuss that because I think it's
quite interesting. It's a, it's some, it's a pattern I've noticed previously.
But income from the sales of books was
$5,400.97
cents. And the income mainly comes from the United States.
I do get a lot of questions asking me about, you know,
sales and other countries, you know, people from maybe from Spain, looking at,
you know, advice on creating books to sell in Spain, which, yeah,
it's a good idea, because the competition is a lot less. But really,
if you want to make good money
you really need to look at the US market because that's where the majority of
sales will be made. And that's where the majority of my sales are.
And I've got two books that are making a big chunk of the income.
This one at the top here,
I actually have ads running on this notebook and about
50% of the income from that notebook comes from organic sales
and not just sales from the ads.
Now on the subject of ads,
my Amazon ad spend was slightly up higher than normal,
and it was $1,749.92
cents. That was up mainly because I've started running ads on two new
books.
So it does take a little bit of time to optimize the ads and to get that
ACOS figure, um, lower. If you don't know what I'm talking about,
I do have a playlist on, on Amazon ads.
So if we take away the amount for Amazon ads,
my net KDP earnings that's money that comes to me and goes into my account
around two months from now,
whilst $3,651.05
cents. Now that was less than last month.
And there's two reasons for that.
One is due to the increased ad spend due to the two new books I placed
ads on. And also, something that I mentioned earlier. If we, again, look at the,
the sales graph,
it was this drop in sales around mid month. Now,
what I noticed was all my books had dropped in their
rankings.
Every single book had dropped quite dramatically in their rankings on the
first page, which was unusual and unusual for it to happen in all the books.
But that time of the month was when the US
had severe weather. I mean, here in the UK,
we had all news about how Texas was,
was getting a lot of snow a lot more than usual.
Now I was wondering whether there were issues with delivery
of books, maybe even the printing of books,
if the printing was in an area where they were experiencing this severe weather.
And I wonder whether Amazon was actually throttling the sales
of books that were,
or that normally sell very well in order to reduce customer
demand and sort of help with their whole, you know, delivery issues,
if there were. Now I know this happened a few years ago, uh, with Merch,
and I was wondering whether this happened this year, with books.
It would be interesting to know if any of you guys that do sell a decent amount
of books,
you wouldn't be able to tell if you're only selling sort of two or three a day,
but any of you that are selling a decent amount a day,
I'd be really interested to know. And let me know in the comments,
whether you experienced that dip mid month in February,
and whether the rankings on your books normally sell really
well had dropped.
Because I noticed books that were in my niche that normally
ranked very high next to mine had also dropped as well.
So that's just a little thing that I noticed quite interesting.
It was quite worrying because you suddenly think, wow,
all my rankings have dropped. Is this it. But they soon picked up again.
If I look on the graph, it lasted about a week and then sales,
you know, picked back up again. So, so yeah, let me know in the comments.
So my overall net income for February 21 was
$10,678.07 cents,
which was up by $502 on last month,
mainly because of the increased views on this channel. So again,
thank you to all of you
who've watched my videos and continue to support this channel.
Now on this income, I've obviously got to pay tax.
But expenses, my expenses are minimum.
I've got a Creative Fabrica subscription,
which is where I go to get images for my covers fonts
and also some interiors as well.
And my monthly subscription comes to around $9.
Creative Fabrica do sometimes run special offers when they do.
I try and let you guys know that.
And I also have an Adobe subscription, which is around about $60 a month,
although that will be reducing or even stopping completely because I've started
using Affinity Designer and Affinity Photo,
which I think they're still running a special offer on that.
So really if you're thinking about getting that or looking at a good software
package to create covers or designs for t-shirts, et cetera,
then please do take a look at it. I love the software. It's superb.
I also have a Tubebuddy subscription for the YouTube side
of the business. Now, as I said at the beginning,
the aim of this video is to try and show you what's
possible in a relatively short period of time.
Particularly the YouTube income has really come about over the last 10 months.
I Actually started publishing regularly on this niche of
KDP books at the beginning of February last year.
So again, if you are looking to make an income doing YouTube,
if that's something that you fancy doing then you know,
really seriously look into it because it is a good way of creating an income.
And I hope all this motivates you guys into creating that second
income or full-time income whether it is in books or whether it is in YouTube.
And if you're looking to go into either of these businesses, you know,
they do both require certain skills, some different skills.
You need the skills to create the books and you need the skills to create and
edit videos.
And you can find all the resources to learn anything about these two businesses
on YouTube. I mean,
for learning the business of YouTube I originally followed Think Media,
Nick Nimmin and Brian G. Johnson.
I also read a lot on blogs and also I bought some books,
one in particular by Brian G. Johnson, which is particularly good.
And if you want to give publishing KDP, no content and low content books a go,
then I've got a lot of videos on this channel. And in particular,
I have a book tutorials playlist that you can find by clicking here.
It's not a get rich quick scheme by any means and does require commitment,
persistence, and hard work. So thank you for watching.
It's very much appreciated.
Don't forget to hit the subscribe button and until next time, goodbye.