💰 Income Report: March 2020

Amazon FBA

Sales: 1,450
Revenue: $30,040.01
Profit: $4,918.10
Gross Margin: 16%
2020 💰 Profit to Date: $15,765.66

* sales data from JungleScout Sales Alaytics

My FBA sales were going strong in the first half of March, only to (predictably) tail off in the back-half.

This is why I preach diversification of income streams!

For instance, since we're already paying for a Professional Seller Central account, we might as well get a GTIN exemption & use it to sell print on demand products also!

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My most profitable SKUs haven't been shuffled around yet, but my guess is that next month they will be.

This will likely be due to the fact that my best seller SKUs are all a part of a brand that sells mostly to small businesses.

(Businesses that have likely closed the doors at their physical retail store locations for the time being...)

And here's my Campaign Manager statistics from Seller Central:

• Spend: $492.98 $737.88 MoM
• Sales: $2,154.52 $826.68 MoM
• ACoS: 22.88% 18.41% MoM

After re-optimizing my keyword bids last month, I saw a reduction of ACoS.

I again re-optimized by keywords when I went through this income report, as my bids were higher than necessary in many spots. In some cases, I actually turned off advertising campaigns altogether (mainly in AMS).

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.

Amazon Merch

Sales: 242
Revenue: $4,109.81
Royalty: $766.65
Avg. Royalty: $3.17
2020 💰 Profit to Date: $2,622.79

• USA
  $614.36
• UK
  £5.76
• DE
  €14.19

* sales data from PrettyMerch Pro

Amazon Merch CLOSED!

Well, their United States fulfillment centers did, and it may only be a matter of time until the European locations follow suit.

I was actually having a pretty decent month up until mid-march when sales seemed to fall off a cliff.

My guess is Merch may have been tapering off slowly & not showing as many listings in search results.

(Or people diverted their spare funds from buying novelty t-shirts and spent it on toilet paper instead!)

Nevertheless, with Merch closed a new MASSIVE opportunity opened up on Amazon, for those of us agile enough to take advantage.

I go into more depth in this video:

In summary: Now is an incredible opportunity to sell print on demand through the Printful + Amazon Seller Central integration.

Join Printful today »

Here's my sales breakdown by day:

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Breakdown by product type:

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Breakdown by fit type:

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And last, breakdown by color:

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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.

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!

Dropshipped Print-on-Demand

Sales: 220
Profit: $1,208.10
2020 💰 Profit to Date: $4,018.22

Sales by platform:

• Amazon.com
  129
• Amazon.co.uk
  7
• eBay
  1
• Etsy
  0
• Redbubble
  68
• Spreadshirt
  3
• Teepublic
  11
• Teespring
  0
• Zazzle
  1

Towards the end of the month I began to see a minor uptick in sales across the secondary print on demand platforms like Redbubble & Teepublic

Here's my Printful sales chart for my Amazon (.com) Seller Central account:

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I'm really hoping to smash my Printful/Amazon sales next month with Merch closed. We'll see what happens!

Here's a breakdown of my profit from my top 4 platforms:

• Amazon (.com): $812.71
• Redbubble: $183.70
• Amazon (.co.uk): $116.00
• Teepublic: $51.75

Remember that you want to be wherever people shop!

That's why I maximize my exposure, on autopitlot, thanks to the Merch Titans Automation Tool.

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.

Amazon KDP

Sales: 72
Profit: $133.11
Avg. Royalty: $1.85
2020 💰 Profit to Date: $512.18

$133.11 of profit was generated on 72 sales @ an average royalty of $1.85 per paperback book.

Short & sweet: KDP sales were down this month.

For what it's worth, I didn't upload as much as I would've liked to. I was definitely guilty of putting the "evolution" of my KDP strategy on the wayside while I pursued more profitable money-making opportunities this month.

Profit breakdown by market:

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Here's a breakdown of my profits by Amazon marketplace:

1. United States: $111.85
2. United Kingdom: $11.91
3. Canada: $9.35

Sales breakdown by day for March:

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Sales breakdown by market:

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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 (Total): $1,158.09
YouTube: $705.95
Website: $452.14
Page Views: 826,655
Ad Impressions: 1,902,892
2020 💰 Profit to Date: $2,265.35

* 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:

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YouTube Revenue

My YouTube channel (Ryan Hogue Passive Income) monetizes most videos that get posted.

As a result, I see a bit of additional income each month from Google running video (AdSense) ads.

Earnings: $767.87

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Subscribers: 1,460

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If you haven't already, click the link below & subscribe to receive updates when I post new content!

Investing

Many people think that "investing" means putting money into the stock market & making money when it goes up.

Fewer know that you can also make money when markets go DOWN!

(I'm amongst that minority)

I took advantage of this knowledge in the month of March to the tune of:

+ $87,100

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I show you exactly what I did & how to do it yourself in my new Investing 101 Course:

You'll learn how to trade stocks, options, cryptocurrency, & invest in precious metals.