July 2013 Income and YouTube Channel Analytics
Welcome to my July 2013 Income and Analytical report. If you haven't read my other reports, I've recently started publishing these with information about my "passive" income. These were inspired by a blog post by Dries a couple months back. The income is passive in the sense that it is coming from advertising and product sales but there is definitely an up front time investment.
That said, you'll quickly see July was a little disappointing in the passive income sense as my income fell again. However, on a happier note, the drop wasn't caused by a dip in the popularity of my YouTube videos / channels. But more on that below.
July 2013 Income
- Adsense (TWD.com and a small niche site) - $21.14, -$14.19 from June
- YouTube Adsense (estimated) - $125.44, -$45.59 from June
- YouTube Adsense adjustment from June - $8.42
- Tutorial sales on TWD.com - 7 tutorials bought, $117.94, no change in number sold or earnings from June
- Host Gator affiliate sales - $0, -$50 from June
Total - $275.94, -$98.36 from June
Income Notes
So for another month, it definitely sucks to see my income slip. However, it got me wondering why it happened. Looking at the data for both Adsense and YouTube adsense, the bottom line is that the clicks I received were worth less in July than in June. I've found the fluctuation to be pretty drastic - I actually had a significant increase in the number of clicks on YouTube but they were worth about 50% less than the previous month.
The video sales is another story. Admittedly, I'd like to be earning more so I can focus on continuing to develop tutorials. However, I want to make sure the information is accessible - I don't want price to be a barrier. I've been trying to come up with a sustainable model that would allow me to keep giving information away for free while making enough to sustain tutorial development and so far, have come up with 2 options.
1. I could look for sponsors. I'm not entirely sure what this would look like but I have been reading up on people who have done this, particularly with podcasting. Again, I have no idea how much I could get from this or how the model would even work but I think it might be worth exploring. I would definitely want to make sure that if I did do this, it didn't impact on the information being provided or the quality of the tutorials.
If you're interested in sponsoring my video tutorials, feel free to contact me via my contact form. I'd definitely be willing to wear branded clothing throughout the tutorials... perhaps even a mid-tutorial stretching session with a full shirt logo???
2. I could develop some type of premium add on content. Again, I'm not sure what this would ultimately entail but the tutorials would remain free and accessible and maybe I'd add tests, badges, office hours, etc. to month subscribers. Still brain storming though... Love to hear people's thoughts.
July YouTube Analytics
- Total number of videos as of July 31, 2013 - 62, +5 more than June 30, 2013
- Video Views - 28,101, +3,865 more than June
- Estimated Minutes Watched - 181, 311, +26,826 more than June
- Likes - 327, +124 more than June
- Dislikes - 3, +1 more than June
- Comments - 146, +28 more than June
- Shares - 3, -3 less than June
- Favorites Added - 40, +16 more than June
- Subscribers - 307, +47 more than June
Youtube Notes
While seeing my income go down definitely sucks, seeing the analytics get better is great. I was able to record 5 tutorials in July which is way lower than I would like but it's great to see people continuing to find the tutorials useful. As well, I started a new series on an Introduction to PHP which has had better success than the Heartbeat series but no where near my Views or Ubercart series. The plan is to finish up the PHP series and move on to Drupal module development, walking through the Flag Application module so hopefully that will help things pick up. I'll also be selling both series as a download which hopefully will bring in a little extra money.
I'm continuing to see positive results from asking people for some time of engagement, be it comments, likes or subscriptions. If you're also creating some kind of YouTube videos, I would recommend doing the same of your users.
Top 10 Videos
VIDEO
VIEWS
ESTIMATED MINUTES WATCHED
AVERAGE VIEW DURATION
How to Create a Drupal 7 Slideshow with Views: Tutorial 1 of 2
2,886 (10.3%)
22,010 (12.1%)
7:37
Drupal 7 Views Module Tutorial 1 of 10: Getting Started with Views
2,808 (10.0%)
17,011 (9.4%)
6:03
Drupal 7 / Ubercart Tutorial 1 of 10: Creating an E-Commerce Site
1,631 (5.8%)
6,463 (3.6%)
3:57
Drupal 7 Views Module Tutorial 2 of 10: Creating and Customizing Views
1,274 (4.5%)
10,681 (5.9%)
8:23
How to Configure Drupal 7 Node References with the EVA Module - Creating Event Registrations
1,203 (4.3%)
5,939 (3.3%)
4:56
Drupal 7 / Ubercart Tutorial 3 of 10: Creating an E-Commerce Site
1,203 (4.3%)
8,329 (4.6%)
6:55
How to Create a Drupal 7 Slideshow with Views: Tutorial 2 of 2
1,097 (3.9%)
7,221 (4.0%)
6:34
Drupal 7 / Ubercart Tutorial 2 of 10: Creating an E-Commerce Site
979 (3.5%)
5,294 (2.9%)
5:24
Drupal 7 / Ubercart Tutorial 4 of 10: Creating an E-Commerce Site
963 (3.4%)
8,334 (4.6%)
8:39
Drupal 7 / Ubercart Tutorial 5 of 10: Creating an E-Commerce Site
Drupal 7 / Ubercart Tutorial 5 of 10: Creating an E-Commerce Site
951 (3.4%)
8,877 (4.9%)
9:20
Again, nothing really earth shattering here. Views Tutorial 1 slipped from the #1 seed but the Drupal 7 slideshow video was number two last month anyways... There was really no change up in this listing. Hopefully some of the next tutorials will make a dent in this but I don't really find the list all that surprising given that Views is the number 1 module downloaded for Drupal and it can be pretty complex for new users.
Closing Thoughts
All in all, my focus for the next month or two will be on how to earn more. By that, I don't mean just to make more money but so that I can free up more time to focus on developing tutorials. I really enjoy the teaching aspect of the tutorials, the positive feedback, seeing actual results from people who send me urls of finished products and the analytical component of breaking down complex concepts into easy to understand, plain language.
As always, love to hear peoples thoughts.