22 Dec '11, 8am

One in ten Singapore blogshops earn beyond S$2000 a month, reveals LiveJournal

One in ten Singapore blogshops earn beyond S$2000 a month, reveals LiveJournal

One in ten Singapore blogshops earn beyond S$2,000 a month: LiveJournal December 22, 2011 by Terence LEE While the LiveJournal press release has said that “only” ten percent of blogshops earn more than S$2,000 (US$1,500), I actually think it’s a pretty good figure. Let’s consider LiveJournal ‘s estimate that there are beyond 50,000 blogshops in Singapore: That would mean over 5,000 blogshop owners are on their way to doing it full time. That’s a lot. Another 80 percent earn S$500 (US$385) or less, enough to earn some extra cash, while I presume the rest earn nothing or are losing money. Image: Momoteapots is one of the top blogshops on LiveJournal. On average, Singapore blogshops conduct eight transactions a month, generating about S$160 (US$123) worth of income. These figures were revealed after a survey conducted by LiveJournal on 868 Singaporean users in December 2011. ...

Full article: http://sgentrepreneurs.com/news-stop/2011/12/22/one-in-te...

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