in this video I'll be sharing with you
how much I've spent on my affiliate
marketing website - best roof box.com
whenever I publish a video on how well
my site's doing in terms of revenue and
traffic I always get comments you know
comments like beers of this basically
all asking the same question which is
you know how much have you spent on the
site which is a fair question because
you know if I'm sharing the income I
should probably share the expense as
well so that's what this video is for
I'm going to go into some detail on
exactly what I've spent my money on and
what I've got for that money and whether
it was a good investment or not and and
all that kind of stuff and I'm also
gonna share with you my plans for the
always has been we're half way through
the site has just turned one year old so
I'm going to talk about that as well
two quick things before we get started
the first is if you've not been
following along with my progress on the
site do check out the playlist I'll put
a link up now contains all the videos
around best route calm in terms of what
I've been doing on the site the very
first video is a full length tutorial on
how I built the site the second thing I
want to say is if you're new here why
not subscribe you can do so by clicking
the button below make sure you click the
bell and if you enjoy this video please
click the like button
readers help me out anyway let's go
[Music]
hello it's Alex here I hope you're all
well so on Monday I published an update
video on best roof ebooks.com I shared
the latest earnings and traffic and all
that kind of stuff and well that video
received a comment it was this comment
now it's quite a long comment I'm not
going to read it out but basically the
gist of it is that I hope in wasting my
time and that the whole kind of journey
and experience that I'd be sharing with
you is a example of how you shouldn't
create an affiliate website because I've
spent loads of money on it it's not
generating much income and yeah what I
should have done is create some really
simple sites and maybe just added a few
e-commerce affiliate products I've done
a bit of social media sharing they'd be
up to a couple of hundred dollars in no
time in terms of revenue every month and
you know happy days so that comment has
basically inspired me to create this
video I thought it's about time that I
share exactly how much I spent on the
site and also detail how that fits into
my plan with the site and what I'm
looking to achieve and also I need to
explain a few things about what I've
spent money on because I think a lot of
you are not going to spend money on
those things and I've basically only
done it because I'm making YouTube
videos and I wanted to share some stuff
with you so what do I mean by that well
better if voxcom has always been a
YouTube project for me I wanted a site
that I could create and that I could
update and I could work on and that I
could share with you guys on a regular
basis in terms of how well it's doing
and and all the things that I've been
doing to the psychics I thought that you
guys might you know enjoy the journey
and you could follow along you could see
what I was doing whether it was working
or not and you know you could draw from
that and use it on your own sites this
has meant that I've spent money on
things that I might not have done if I
was just doing a site and I wasn't
creating YouTube videos around it so an
example is this video which is the one
where I spend $500 on a guest post from
the Hoff I spent that $500 because I
wanted to share with you guys exactly
you know what you get for 500 loves like
I wanted to create a video around it so
you know we don't have done that if I
was just praying an affiliate marketing
website without creating YouTube videos
probably not another example where I
spent money where I probably wouldn't if
I was just you know doing an affiliate
marketing website without doing YouTube
videos is where I spent some money
videos from the hoff they created some
videos around some of my roof books
articles
yeah the videos weren't that good to be
fair and they haven't given me much
benefit in terms of bringing traffic to
the site so again I just wanted to do
that to review their service and show
you guys what you can get for your money
if you're looking to create videos for
your site so with that in mind let me
share with you how much I have spent on
the site sorry total over the last 12
months the site is only one year old
I've spent $8,000 on stuff for the site
including the videos and including that
$500 link in terms of what I've got for
that money
I've got 96 articles on the website some
of them are pretty long I've got a
couple of 4,000 words articles on there
and I've also had those articles added
to my site they've been edited
you know graphics created and basically
a lot of the works been done for me and
I've obviously had to pay for that so
far 96 articles we've had the two videos
from the Hoff we've had 8 guest posts
that have been published out on to other
sites with links coming back to my site
including that $500 link here or $500
guest post I should say as long as the
guest posts I've also had my keyword
list which I got from Carl at keyword
care and which is worked really well
remember I did a video on it
that video there do go check it out by
the way you'll find links to everything
I talked about in the description but
yeah the keyword list has been fantastic
because I created loads of articles
based on those keywords and those
articles are ranking really well on
Google and they're bringing traffic into
the site so I've spent 8,000 how much
revenue have I generated from that well
if I count up everything from Amazon and
Google Adsense it comes in around $1,600
for the year but I'm confident that's
gonna grow especially as we start moving
into summer you know I've got a feeling
that by the time we get into June and
July and August the site is going to be
doing around a thousand a month fingers
crossed so eight thousand spent takeaway
the 1600 revenue that leaves a total
cost of six thousand four hundred now if
I was to sell the site today you know
for us to stop spending money on the
site and just leave it I'm sure it would
continue to generate rare
you anyway without any more work on it
revenue of around free 400 a month and
yeah if we were to take those figures
and put a value on the site
I reckon that I could probably sell the
site for between seven-and-a-half
thousand and nine thousand dollars so if
I did that right now today I'd be able
to recoup all of the money that I've
spent on the site and still have a
little bit left over to spend up the pub
now I didn't pluck that figure out of
thin air I'm basing it on a twenty five
times multiplier which seems to be the
kind of standard when it comes to
valuing sites seen it in a few articles
online I mean some sites actually get a
lot more than that but I think there's a
kind of rough gauge 25 times is pretty
accurate so 25 times the monthly profit
gives you the value of your site
now I haven't talked about how much time
I've spent on the site and to be honest
it hasn't been a huge amount of time
because I have out sourced a lot of the
content creation and a lot of the
editing and all that kind of stuff so
that's freed up a lot of time in terms
of building the site that only took a
few hours and well you know I did that
so that who create a video around it
anyway and yeah I do need to you know
order some articles and I do deal tweak
here and there on the site but I'd say
I've spent no more than around 30 hours
on the site mainly in the evenings in
front of the telly that kind of stuff so
I'm not gonna put much of a cost on my
time now of course if you were to create
your site and you know not spend $500 on
a link with the Hoff and not spend money
on videos that are a little bit you know
and maybe create your own content rather
than outsourcing all the writing maybe
you've got plenty of time that you can
spend creating content and if you were
to edit your own content and publish it
to your own site if I took all that
expense away and you know just spent
money on the hosting and on the domain
name and on a few little bits of
software like the elemental add-ons the
actual cost of the site would come in
around 170 dollars that is a sort of
annual fee because you know hosting and
domain names and software licenses do
need renewing annually but you know if
you take that figure they look at the
earnings you can see that the site would
be quite profitable so what
plan for the site well said it's always
been a 24-month plan that's based on
income school and their project 24 you
know that's why it's called project 24
because it takes around two years for a
site to really mature and to really
start generating some serious revenue so
that in mind I've got a full 12 months
ahead of me now that I can continue to
work on the site I'm gonna keep adding
content to the site I'm hoping to get it
up to around 200 articles so that would
mean publishing another hundred over the
next 12 months and obviously there's
gonna be a bit of expense there I'm kind
of sitting on the fence when it comes to
buying more links and guest posts from
The Hoff I might leave that for a bit
because I'm still unsure in terms of the
value that that's brought to me but who
knows I may do a few more tests on that
in the future which of course I will
share with you on the channel I'm
confident that once I get the site up to
around 200 articles it's gonna be
bringing in around $1,500 in revenue of
course you know I don't know for sure
but looking at the way the site is
growing and the way that traffic
continues to increase every single month
and just talking to other experts you
know do this for a living people like
Doug coming turn the guys at income
school and you know they've all said too
it takes time but it's it's very
achievable they've done it and they talk
to people that have done it you know
just check out those channel you'll see
the loads of interviews with people that
have created sites very similar to mine
and they're putting in some serious
money every single month so if I am able
to get the revenue up to fifteen hundred
a month if we then do a valuation on the
site based on the same calculation that
I used earlier which is 25 times the
revenue that will give me a valuation of
thirty seven thousand five hundred which
you know that's pretty decent even if I
spend ten thousand on the site that
still give me a profit of twenty seven
and a half thousand which is you know
more than the average yearly wage and
you know well worth doing I think now of
course there is a bit of speculation in
there I don't know how well the site is
going to do over the next twelve months
I'm confident that that's the kind of
level it's gonna get to but you know who
knows we'll wait and see I'm also not a
hundred percent sure whether I'm gonna
sell the site you know once it starts
generating some really nice income I may
decide that I just want to keep holding
enjoy that monthly income coming in but
you know we'll wait and see we'll see
what happens and I of course share
exactly what I do in the site with you
guys on this channel and in that
playlist so do you make sure that you're
subscribed so you don't miss out anyway
that brings the end of this video I hope
that was all clear and you've got an
idea now where I'm coming from with the
site what my plans are and why I've
spent quite a bit of money on the site
I'd love to know how your affiliate
marketing websites are going and do
leave me a comment below how much have
you spent on your site how much money
are they earning would love to know do
share below I do read all the comments
that I get I'll do my best to reply to
as many as I possibly can if you're not
really subscribed you can do so by
clicking on my face well I'll take a
look at my vlog channel my other face I
actually uploaded a video to it
yesterday so yeah go check that out and
here are a couple more videos they've
been chosen especially for you I hope
you enjoy them until next time bye for
now
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