January Income Report

Hello,

Welcome everyone, it’s good to see you here. I’ve made an important decision and here it is…

I am going to try and monetise my website to see if I can earn a small monthly income from my crochet “doings” online.

Eeeeshk!!

My main reason for doing this is to see if I can make enough to cover the WordPress hosting fees and enough to cover the cost of buying the yarn I need to keep generating patterns. I have no idea whether I will be able to do this, but others have and do, so I’m going to give it a go. Note the tone of determination!

I would absolutely love to take you on this journey with me because I hope to make it work and inspire other crafters to do the same. I am happy to go first and make all the many (many!) mistakes there are bound to be on the way to this goal. Are you up for it?! If so then please join the mailing list so you get my monthly progress updates. Done it? Yay! Good to have you on board – I’m really excited to be doing this with you.

So I thought I’d take the plunge and start sharing my online income every month, as well as sharing anything I’ve read, learnt or done along the way. I think it might be really useful to make public something like this, because I know I find the reports by other bloggers inspirational, reassuring and educational.

Income I’ve decided to include is:

WordAds: This is the only advertising wordpress.com will allow on their hosted websites/blogs. This is a little disappointing as from everything I’ve read Google Adsense and Mediavine are more reliable and give you more control over where you can place your adverts. This is really important because I get frustrated when I visit a website and the ads are too distracting due to their sheer number, or their placement. An option for the future is to transfer my website to a wordpress.org site hosted by Bluehost which allows more flexibility, but does mean you have to take care of more elements of your website yourself. Hmm! For now a fully hosted site suits my technical abilities, but watch his space because who knows where we’ll be in 6 months time!

Affiliate Income: Probably even more evidence of my idiocy is the fact that I naturally hyper-linked to places to buy yarns from in my earlier posts, without realising I could earn money from it. I guess my naivety is nice in a way, I definitely set up the website with the intention of sharing patterns and hadn’t really given any thought to the financial side of things. However, if the affiliate income can pay for the yarn then I can produce more patterns – wow! REALLY wish I’d thought of this a year ago!

Etsy Shop: I do have a much neglected Etsy shop, In the Crochet Garden, that I am determined to resurrect to become a glorious shop of patterns, both vintage and modern (my own designs). This is an area of income that will take significant input from me to grow, but it’s a definite goal for 2017.

Etsy Shop In the Crochet Garden for vintage and modern patterns

EBay: I’ve just started selling collections of miscellaneous,  colour-themed yarns. It started as an absolute necessity – my stash had got way out of control! I think there is some potential here for my “leftovers” to help cover the cost of new yarn too.

Sooo, what do you think? Are you already a successfully monetised crafter? Or are you like me – intrigued by the idea, but in the very first stages? I would absolutely love to know. Advice is very welcome and friends on the same path are always wanted 🙂

Best wishes,

Melanie in the crochet garden

Here is my first income report – obviously all set to zero for now! Can’t wait to show you February so you can see if anything changes. Please pin it so you can follow any progress made every month.

income-report

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