Sales: 2,046
Revenue: $39,090.05
Profit: $5,354.35
Gross Margin: 13%
2020 💰 Profit to Date: $5,354.35
* sales data from JungleScout Sales Alaytics
January was pretty uneventful.
My profit-driving brand continued to lead the way, but there was a new seller in my niche making it harder on me by selling basically the exact same products that I sell with the same variations.
As a result, I've been having to lower my prices to compete, & run a 5% off coupon at all times to stand out in the SERP.
Here are my most profitable SKUs on the month (name omitted):
* click to expand
And here's my Campaign Manager statistics from Seller Central:
I should have been pulling back some of my bids on my newest SKU which was responsible for pulling up my ACoS to an ugly 37%.
(I was definitely over-bidding, but was guilty of not paying enough attention)
- Spend: $1,504.13 $430.51 MoM
- Sales: $4,007.47 $441.77 MoM
- ACos: 37.53% 7.42% MoM
My profit numbers that I publish here take into account my ad spend, so know that when you see my profit, it's accurate.
If you're ready to start your FBA business, you can enroll below:
I show you exactly how I built my FBA business from the ground up, & how I run it today - nothing is held back.
Sales: 295
Revenue: $5,455.13
Royalty: $870.69
Avg. Royalty: $2.95
2020 💰 Profit to Date: $870.69
USA
$826.96
UK
£8.64
DE
€29.13
* sales data from PrettyMerch Pro
January is "return month".
If you remember my January 2019 income report, I had an incredibly high 43 returns.
This year was a lot better, which only 18 returns from December sales.
The only real highlight of the month was selling 12x of a single shirt to 1 customer. Funny enough, that same shirt has sold 20x in a single sale before (priced @ $17.99).
The design is a single word in distressed text.
Here's my sales breakdown by day:
* click to expand
Breakdown by product type:
* click to expand
Breakdown by fit type:
* click to expand
And last, breakdown by color:
* click to expand
Uploads Update
15,110 / 20,000
I cracked the 15,000 mark and have 5,000 uploads to go before maxing out my 20,000 upload slots.
I'm only uploading unique designs to standard t-shirts only to fill my last 11,000 slots (started back at around 9K / 20K).
If you're ready to take your Amazon Merch business to the next level, you can enroll in Ryan's Method: Amazon Merch Course below:
I show you every trick in the book that I used to reach tier 10,000, including niche research tips, design tips, listing optimization tips, AMS advertising tips, & automation tips in the bonus section!
Sales: 281
Profit: $1,551.64
2020 💰 Profit to Date: $1,551.64
- Amazon.com
211 - Amazon.co.uk
9 - eBay
1 - Etsy
0 - Redbubble
45 - Spreadshirt
1 - Teepublic
14 - Teespring
0 - Zazzle
0
I'm continually uploading throughout every day to my Amazon Seller Central account via the Printful integration.
For some reason, for the past ~1.5-2 months it's taken much longer for the new listings to be created on Amazon's catalog.
In an attempt to avoid getting throttled, I almost always wait for the previous listing to finish (no more "incomplete" listings showing on my inventory tab).
I've probably only been getting ~4-5 new products pushed per day & I've been hoping that Amazon gets it sorted out.
Big Problem w/ FBM POD Listings: Hijackers
Dealing with hijackers is something all Amazon sellers do... but one person in particular has been especially annoying.
He hijacked 200+ of my listings
Yes, you read that right: over 200. He's cost me thousands of dollars of profit, because he only goes after my most successful listings.
For instance, in early January I caught a hot trending hat and made some very nice profits... but they were short lived because the hijacker jumped on it & undercut me that day.
Here's my Printful sales chart for my Amazon (.com) Seller Central account:
* click to expand
I'll keep you guys updated on if I can "deal" with them and regain control of my listings.
(I have some ideas, especially since he's not using the Printful integration, so some of the products are like not what they should be, for instance, the Bayside 3630 should be made in America. I'm guessing he's not shipping the right hat when people buy from him & he has the buy box).
Here's a breakdown of my profit from my top 4 platforms:
- Amazon (.com): $1,215.17
- Redbubble: $144.70
- Amazon (.co.uk): $124.05
- Teepublic: $32.75
Enrollment in Ryan's Method: Dropshipped Print on Demand is OPEN!
In it, I walk you through setting up your Amazon Seller Central account & integrating it with Printful + opening an optimized Etsy shop & cover selling on ~7 other platforms, to maximize coverage & get the highest return on investment from each print on demand design you create.
Sales: 262
Profit: $512.18
Avg. Royalty: $1.95
2020 💰 Profit to Date: $512.18
$512.18 of profit was generated on 262 sales @ an average royalty of $$1.95 per paperback book.
Not too much to update you guys with, other than that I hit 1,000 uploads per week each week in January except 1.
(Real life got in the way, but I still got around 500 books up).
Beyond that, I'm perfectly happy with these numbers.
Currently I'm prioritizing maxing out my Amazon Merch upload slots, and converting the Merch designs into KDP book covers... because, why not?
Once my Merch slots are full, I have a lot of really good ideas to mess around with for new KDP low content books (all scalable, to ensure I hit the 1,000 books per week limit!).
Profit breakdown by market:
* click to expand
Sales breakdown by day for January:
* click to expand
Sales breakdown by market:
* click to expand
Unsurprisingly, the US market lead the way, followed by the UK & then Spain / Canada.
If you'd like me to show you how I went from $0 to exceed $3,000+ profit selling low-content books on Amazon, you're in luck.
Enrollment in Ryan's Method: Amazon KDP is OPEN!
By selling "low content" books, we avoid spending time writing the content for book interiors & instead focus on selling notebook-style paperback books to various niche markets. Trust me - it works!
Google Ads
Earnings: $310.71
Page Views: 604,531
Ad Impressions: 1,252,709
2020 💰 Profit to Date: $310.71
* data from Google Ads
I run a few popular websites where I collect advertising revenue via Google Ads (formerly Google AdSense). I also collect revenue via direct partnerships with advertisers & from affiliate links, but for times sake, I'm going to omit those deals.
I won't be doing month-to-month write ups here because I don't spend much time maintaining these websites. They started out as passion projects that allowed me to become a better web developer, but today I spend very little time working on them.
Here's a glimpse into my Google Analytics for my website:
* click to expand
