My Plan for Tripling Online Income Next Year

I had originally thought about titling this Hub, "My Plan for Doubling Online Income Next Year", but thought that it would be too easy. I felt that tripling the income would make for a better stretch goal. So far it looks like I will make about $470 in AdSense income for the year. My goal for 2011 is to make $1400 in AdSense for the entire year while at the same time watching my monthly income move from $60 to near $180.

How do I plan on doing this? I don't know that I can increase my CPC much. Over the course of my time on HubPages I learned about keywords and keyword research and have managed to double my CPC already, but it has held within a range for the past several months. I also don't think that I will increase my CTR very much either although with a higher percentage of search traffic I might be able to do that.

Since my CPC and CTR can't be expected to contribute much to income gains, then the bottom line is that I must increase my traffic.  Furthermore, I must triple my existing level of traffic so I have to figure out how I plan on doing that.

One of the ways that I will use to get more traffic is to increase my publication of Hubs. This will provide me with a greater opportunity to hit upon the right topics that will generate the additional traffic necessary to meet my income goals. I figure that I should be able to get to a total of 300 Hubs by the end of 2011. Given the fact that I will have 170 or so by the end of this year, I could get to my goal by publishing 3 Hubs per week. Writing one during the week and one each on Saturday and Sunday would allow me to get over 300 Hubs completed without seeming like I was pushing myself too hard.

By almost doubling the number of Hubs that I have published, I should expect a doubling of my traffic at least.  Of course if I hit a few more popular topics, then my traffic could be tripled without any additional effort.  However, I suspect that I will need to do some more work.

Up until now, I have done very little backlinking of my Hubs.  I have done some with Xomba and very little with SheToldMe and Snipsly.  Only about 25% of my Hubs have links from Xomba and only a handful from the other two sites.  Improving my efforts at these sites seems like a good place to start.  I figure that this will help my income for two reasons.

First, these sites all have AdSense sharing and I have earned some income from them already.  Increasing the number of links at the site will only add to the number of ad impressions that I am getting across the internet.  Second, the links that are do-follow will improve my position in the SERPs and lead to improved traffic from search engines.  Needless to say, the improved search traffic will lead to increased earnings as well.

I figure that the combination of additional Hubs and improved backlinking efforts should lead to at least a tripling of traffic across all my Hubs.  Assuming that the CTR and the CPC changes very little, then I should expect AdSense income to triple as well.

As I look back over my AdSense earnings for 2009, I see two months with an income of $22 and one with $24.  Those are my lowest months for the year.  These months will provide a good indication of how I am progressing on my efforts to triple my online income next year.  Essentially, I will have to have $66 in income for January and February and $72 for the month of March to know that I am well on my way.

I made $56 in November and $59 in October so I am close but will have to see some additional gains to get off to a good start next year.  I know that additional effort will only help and enhance the possibilities if I can just stick with it.  The backlinking will be the toughest part I think since I enjoy writing more.  Unfortunately, time constraints often keep me from being able to write as much as I would like.  Not to mention the fact that after being at work and running to pick up kids and being out of the house from 6 am til 10 pm, I am usually somewhat tired and not in the mental state to write.  That's why breaking it down to one Hub during the week and one each on Saturdays and Sundays seems quite reasonable.

So, what are your goals for the next year?  Do you wish to increase your AdSense income or maybe focus on the Amazon affiliate program?  Do you have a plan or strategy?  Please comment below.