November 2020 was a huge month for me as I cracked that elusive $20,000 monthly profit, and in this post I'll show you exactly how I earned that passive income.
Sales: 1,542
Revenue: $34,022.37
Profit: $8,340.23
Gross Margin: 24%
2020 π° Profit to Date: $85,528.10
* sales data from JungleScout Sales Alaytics
Another year, another weird Q4 for Amazon FBA.
This year, citing the "cerveza sickness", many of the FBA warehouses are overwhelmed (as if that doesn't happen every year).
As a result, thye've severely limited the amount of inventory that we're able to send in.
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I'm low (or out) of stock for a few of my better-sellers.
Unfortunately, when I setup an FBA inbound shipment to re-up inventory, Amazon is inconsistent with the amounts that I'm able to send in.
Sometimes I've able to send in 10 cartons... other days... only 8.
My most recent shipment of 4x SKUs from my best selling brand ended up resulting in me leaving a single carton stranded in China, due to Amazon not allowing me to tack on that 1 additional carton. Ugh...
And here's my Campaign Manager statistics from Seller Central:
- Spend: $357.46 $13.10 MoM
- Sales: $2,559.00 $325.15 MoM
- ROAS: 7.16% 1.13 MoM
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Sales: 1,305
Revenue: $22,996.52
Royalty: $2,773.76
Avg. Royalty: $2.13
2020 π° Profit to Date: $10,902.91
- USA
$2,625.90 - UK
£78.60 - DE
€35.07
* sales data from PrettyMerch Pro
As expected, Amazon Merch sales saw a significant boost from Q4.
My best sellers were political shirts, but the vast majority - roughly, 99%+ of my live products are evergreen designs.
That said, my hopes are to see consistent year-round sales, without having to chase trends constantly (who doesn't love passive income?)
I can't wait to see what December brings!
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
87,795 / 100,000
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: 806
Profit: $4,088.92
2020 π° Profit to Date: $24,785.42
- Amazon.com
587 - Amazon.co.uk
21 - eBay
20 - Etsy
0 - Redbubble
153 - Spreadshirt
6 - Teepublic
0 - Teespring
0 - Zazzle
19
I had a massively successful trending design in the political niches in November.
I made the most sales on hats, but I also offered it on various other print on demand products.
(It also generated quite a few sales on Amazon Merch!)
Here's my Printful sales chart for my Amazon (.com) Seller Central account (Gearbubble sales not pictured):
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Here's my Printful sales chart for my Amazon EU (.co.uk) Seller Central account:
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Typically a successful trending design that does well in the USA will also expand into Europe (.co.uk), but this one did not, as it was related to United States politics.
Here's a breakdown of my profit from my top 4 platforms:
- Amazon (.com): $3,171.13
- Redbubble: $405.99
- Ebay: $235.04
- Amazon (.co.uk): $200.14
The strong sales came at the perfect time, as I earned a volume discount that will be applied to my December sales!
All of my Printful producst fulfilled next month will be discounted by 8%!
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I love that Printful is invested in our success, as they only make money when we do, they incentivize us to sell more with these volume discounts.
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: 133
Profit: $247.72
Avg. Royalty: $1.86
2020 π° Profit to Date: $1,729.67
$247.72 of profit was generated on 113 sales @ an average royalty of $1.86 per paperback book.
My KDP sales also benefited from the Q4 sales rush.
Unfortunately, many of my best sellers around this time of year were geared towards being gifted as office Secret Santa presents between co-workers...
And with so many businesses working from home, I'm thinking it's unlikely to see the same sales numbers from those gift-oriented books.
Profit breakdown by market:
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Here's a breakdown of my profits by Amazon marketplace:
- United States: $112.43
- United Kingdom: $97.72
- Canada: $19.49
- Germany: $12.13
- Italy: $4.19
- Spain: $1.76
Sales breakdown by day for November:
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Sales breakdown by market:
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The US sales lead the way, with UK coming in at a close second place with only two less 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!
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): $5,078.50
YouTube: $4,645.97
Website: $432.53
Page Views: 386,169
Ad Impressions: 1,342,347
2020 π° Profit to Date: $31,084.40
* 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: $4,645.97
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Subscribers: +3,824
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