I apologize for the late post of these stats. Usually I’m trying to get them done a little earlier into the new month, but other work has kept me away from doing this so far.

Last month, October 2007 was the first full month of Blogging Web 2.0’s operation and the site is looking promising so far.

Thanks to both Terry’s and my own hard work we have managed to build up a database of great resources. Also our first active guest blogger Karen Zara has not only managed to score $30 for posting the most posts, she was actually the only one who bothered. But this month it already looks like we have two new contenders for the cash and therefore I have decided to put the money up again.

Back in September we managed to get a nice amount of visitors to the site after only 2 weeks. This traffic has now leveled out a bit and hasn’t increased in terms of doubling on those figures. Despite this, I think the overall figures are impressive and with nearly 200 actual visitors to the blog every day we can’t really complain much.

As you can see on the below graph, we received just over 85000 hits to the site last month. If we compare this with the month before and the actual amount of visitors by day, we can clearly see that the overall quality of visitors is even better now with higher conversion.

As for monetization, we also made a few dollars. The following are what we use to generate some form of income from this site.

Clickbank = no sales

Amazon = no sales

Google Adwords = $5.79

Not bad for a site in its second month really. It is both Terry’s and my wish to share our revenue with our top contributors. But first the revenue needs to cover the hosting cost, and then make some more money to give enough for all involved.

We haven’t really come up with a system that is fair for all involved, so I’m happy to take suggestions. I can see that we might have to split earnings in term of participation per percentage and that only those who contributed a certain amount of posts can be included in this revenue split.

As far as competition money goes, at present I pay this out of my own earnings because I want to. Anyway, the future will tell and I’m sure Terry and myself can come up with a great plan that benefits all involved.

If you have any suggestions, critique, complaints or questions, then you are always welcome to contact us via the contact page.

As for now, I would like to thank all of you who visit regularly for making this site an emerging social hub.

Monika Mundell

Owner and Author of Blogging Web 2.0

Technorati Tags: blogging web 2.0 , blogging stats , blogging

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