In this article I will try to keep you informed, raise awareness and be transparent on what’s going on behind the scene and the neccessary information I believe you have to know. We will keep this as a tradition on Blogbourne to release a transparency report every first day of the month. Why every first day of the month? This is because we have to wait for our earnings to be finalized so we could report the actual revenues. There may be differences on time zone but we have to follow the USA Pacific Standard Time and as soon as the earnings were finalized.
We are currently monetizing the site in 2 ad networks. Recently, we were monetized in 3 ad networks but I removed the other one on September 23 due to these reasons:
(1.) I can’t implement their high converting ad style/formats because they are a bit annoying and it may drive visitors away and hold them back from revisiting the site. In fact, some members notified us about it when we tested some of those intrusive ad formats. One way to keep/retain visitors and build up an empire of loyal visitors is to use unintrusive ads (beside of delivering them good information through content/articles).
(2.) When I reduced the ads served by that particular ad network, I’ve seen a drastic decrease on our revenues from them up to the point of zero to a penny per day.
(3.) After removing their ad script/code, I’ve seen a huge improvement on page related optimizations (including page speed and page size).
These make me conclude to go for an overall lighter pages and faster speed rather than pennies. This will help on increasing the impression of ads served by other ad networks anyway.
There are much better ways to maximize our revenues as we grow and gain more reputation over time.
Some inconsistencies by us
In some point you might find inconsistencies on our policies and the way we run the site. Firstly, despite the lessons we’ve learned from previous revenue sharing blog sites, still learning is a continous process. Secondly, if we make early changes, it’s simply because we want to fix,combat and deter something before it goes uncontrollable. Lastly, whatever changes we make it is for the common good and with a noble reason. Rest assured that we want to build a sustainable blogging site for writers/bloggers who want to earn and enjoy the benefits of multi-author blogging without the technicalities and hassle of maintaining a blog site.
Our Stats and Ranking
As of thing posting we have:
1161 in total of published articles
587 activated members (users who confirmed their email addresses)
173 forum topics published
10285 comments published
We have a slowdown of activities (including views) on the month of September compared to July and August. Despite the slowdown, we are slowly rising on our global Alexa rank. In a slowdown, there is not much to worry about, despite lesser revenues, there are lesser coins generated too.
Revenue Report, Market Opening and Coin Value
I won’t be specific on our earnings from a particular ad network because it is against the terms of service (specially Adsense) to disclose the earnings publicly.
Earnings for the month of July (on our beta phase): Total of $65.93 combine earning from 2 ad networks
Earnings for the month of August: Total of $88.68 from 3 ad networks
Earnings for the month of September: Total of $27.86 from 3 ad networks
Total Coins in Circulation: 267502 (As of this posting)
Coin Value: $0.0006821257
I know it’s a little bit upsetting that we have a very low coin value (despite our joint efforts), that’s why I decided to share the revenue in full (100%) to the community as a simple way of promotion. This is only for our revenues from July to September.
At this very same day we have opened the market. Users who accumulated enough coins may now request payments.
Also, I have reduced the minimum cashout to $3 so more writers could hit the minimum and receive payments for their hardworks. We will raise it back to $5 once our coin value arises to atleast $0.001.
I would like also to inform members that it is a common rule of ad networks to release payments after a month prior to the month when the revenue was earned. Adsense usually send payments on 21st to 23rd of the incoming month (ex. whatever earned on the month of September will be sent on the 21st to 23rd of October).
A Good Time to Write and Promote Articles
We are on the last quarter of the year. Advertisers tend to spend whatever left on their advertising budget for the year. This means a high possibility of bigger revenues for publishers. Yes, I’ve seen a significant increase on advertising rates for the site despite our low page views.
This is a good opportunity for all bloggers to write more and promote their blog posts (whether you are a writer of BlogBourne or not).
This is another reason why we can’t give a fixed value for our coins, beside website, and content related factors, there are quarters of the year where revenues are very high and sometimes very low.
Askmoko.com – a new website to earn more knowledge and $$
In our quest to build online earning sites, we are proud to announce the launch of askmoko.com. It is a question and answer site where members can earn by asking questions, giving answers, receiving upvotes, having their answers chosen as best answer and daily visit.
Its revenue sharing model is almost same as BlogBourne, the only difference is the process of requesting payments.
I would like to say Thank you! to all members who believe in our vision, who contribute in our growth, and to those who help lessen our tasks.
I would like to give my special thanks to all our editors and some selfless members who offers their help and do extra miles by helping/assisting other writers improve their articles.
Have I missed something? Please leave your comments, suggestions, or clarifications on the comment section below.