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πŸ’° Income Report: April 2020

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April 2020 was a crazy month due to the global virus, and staying agile was of key importance as Amazon Merch closed down resulting in a spike in sales elsewhere.

Amazon FBA

Sales: 2,531
Revenue: $77,341.29
Profit: $9,315.97
Gross Margin: 12%
2020 πŸ’° Profit to Date: $25,081.63

April 2020 amazon fba sales * sales data from JungleScout Sales Alaytics

April was a huge month for me as my "big" new product from 2019 (big both in size & in cost) was set to takeoff in the Spring/Summer seasons.

Not only did my sales see a boost... but after slowly building up sales in 2019 & increasing organic rank, I was able to crack the #3 organic ranking on Amazon!

Most profitable Amazon SKus in April 2020

* click to expand

The result was the massive spike you see in sales on April 2019 in the chart above.

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

april 2020 campaign manager stats

The two leading SKUs were variations of that same new product, that combined for $60,000 in revenue.

  • Spend: $363.69 $129.29 MoM
  • Sales: $1,382.15 $772.37 MoM
  • ACos: 26.31% 3.43% MoM

I temporarily turned off some of my advertising campaigns as part of Amazon's COVID efforts include restricting how much inventory seller can send in (dramatically).

The result will be inventory stocking issues within the next month.

For instance, I sold just under 350 of a single SKU on 4/19, but Amazon will only let me send in 632 units...

Which would last me 2 days if sales resume where they left off before I ran out of stock.

/shrug... Your guess is as good as mine.

If you're ready to start your FBA business, you can enroll below:

click to enroll now

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: 9
Revenue: $173.72
Royalty: $23.81
Avg. Royalty: $3.51
2020 πŸ’° Profit to Date: $8,506.91

  • USA flagUSA
    $0.00
  • UK flagUK
    £14.40
  • DE flagDE
    €5.25

Breaking News!

As I was preparing this income report, the Merch team alerted us that they're planning on reopening! WOOHOO!

Per their March announcement, Amazon Merch was closed due to the Corona virus for all of April.

Amazon Merch closed 2020 announcement

As a result, my Dropshipped Print on Demand business saw a nice boost in sales, as Merch remained flat.

The Merch EU locations remained open, but I only have a few listings set up on those international markets as they were not my priority (& we're unable to publish new listings there).

Merch UK Sales

April 2020 Merch UK Sales

Merch DE Sales

April 2020 Merch DE Sales

Dropshipped Print-on-Demand

Sales: 672
Profit: $3,988.84
2020 πŸ’° Profit to Date: $8,007.06

Sales by platform:

  • Amazon.com
    305
  • Amazon.co.uk
    140
  • eBay
    3
  • Etsy
    0
  • Redbubble
    129
  • Spreadshirt
    3
  • Teepublic
    89
  • Teespring
    0
  • Zazzle
    1

As predicted, I saw a huge spike in Dropshipped Print on Demand sales in April.

Much of this had to do with Amazon Merch being closed, which redispersed the demand that would've likely otherwise gone to the Prime-eligible Merch products.

This is why I always preach to stay agile & diversify where you offer products!.

It should be a no-brainer, but I think many people are guilty of thinking that it's enough to only list on 1 or 2 platforms...

(It's not!)

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

April 2020 Printful Amazon integration sales

* click to expand

And here's my Printful sales chart for my Amazon (.co.uk) Seller Central account, which saw a nice sales boost this month:

April 2020 Printful Amazon EU integration sales

* click to expand

When things work in America (.com), they often can be sold in overseas markets, but face less competition.

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

  • Amazon (.com): $2,031.59
  • Amazon (.co.uk): $1,289.47
  • Redbubble: $381.31
  • Teepublic: $232.00

Redbubble and Teepublic make it very easy to list new print on demand products.

I use the Merch Titans Automation software to automate the upload process. There's really no excuse not to use it!

I provide a free tutorial on how to use it in the bonus section of my Dropshipped POD course (link below)

Enrollment in Ryan's Method: Dropshipped Print on Demand is OPEN!

click to enroll now

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: 44
Profit: $80.08
Avg. Royalty: $1.82
2020 πŸ’° Profit to Date: $1,047.69

April 2020 KDP Profit

$80.08 of profit was generated on 44 sales @ an average royalty of $1.825 per paperback book.

Amazon KDP sales slowed down again, many people's budgets tighten around the world.

If the world returns to some semblance of normalcy, I'm planning on seeing some massive numbers in Q4.

Until then, I'll continue to upload an expand my offerings of a variety of low content books!

Profit breakdown by market:

April 2020 KDP profit by market breakdown

* click to expand

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

  1. United States: $64.41
  2. United Kingdom: $8.34
  3. Canada: $3.50
  4. Italy: $1.94
  5. Germany: $1.90

Sales breakdown by day for April:

April 2020 KDP sales - number of books sold

* click to expand

Sales breakdown by market:

April 2020 KDP sales by market breakdown

* click to expand

Predictably, the US lead the way followed by the UK.

After that, it's anyones guess which markets will bring in the 3rd, 4th, 5th, etc most sales.

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!

click to enroll now

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): $1,191.95
YouTube: $812.21
Website: $379.74
Page Views: 913,832
Ad Impressions: 2,000,291
2020 πŸ’° Profit to Date: $4,484.71

April 2020 ad revenue * 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:

January 2020 Google Analytics

* click to expand

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: $812.21

April 2020 YouTube Channel Revenue

* click to expand

Subscribers: 1,300

April 2020 YouTube Channel Subscribers

* click to expand

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

April 2020 YouTube Subscriber Count: Ryan Hogue Passive Income

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