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πŸ’° Income Report: November 2020

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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.

Amazon FBA

Sales: 1,542
Revenue: $34,022.37
Profit: $8,340.23
Gross Margin: 24%
2020 πŸ’° Profit to Date: $85,528.10

November 2020 amazon fba sales * 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.

Most profitable Amazon SKus in November 2020

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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:

november 2020 campaign manager stats
  • Spend: $357.46 $13.10 MoM
  • Sales: $2,559.00 $325.15 MoM
  • ROAS: 7.16% 1.13 MoM

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: 1,305
Revenue: $22,996.52
Royalty: $2,773.76
Avg. Royalty: $2.13
2020 πŸ’° Profit to Date: $10,902.91

  • USA flagUSA
    $2,625.90
  • UK flagUK
    £78.60
  • DE flagDE
    €35.07
November 2020 Amazon Merch sales * 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:

November 2020 Amazon Merch product sales breakdown by day

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Breakdown by product type:

November 2020 Amazon Merch top product types

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Breakdown by fit type:

November 2020 Amazon Merch top fit types

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And last, breakdown by color:

November 2020 Amazon Merch top colors

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Uploads Update

87,795 / 100,000

My Amazon Merch upload progress as of November 2020

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:

click to enroll now

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: 806
Profit: $4,088.92
2020 πŸ’° Profit to Date: $24,785.42

Sales by platform:

  • 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):

November 2020 Printful Amazon integration sales

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

November 2020 Printful Amazon integration sales

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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%!

November 2020 Printful Amazon integration sales

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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!

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: 133
Profit: $247.72
Avg. Royalty: $1.86
2020 πŸ’° Profit to Date: $1,729.67

November 2020 KDP Profit

$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:

November 2020 KDP profit by market breakdown

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

  1. United States: $112.43
  2. United Kingdom: $97.72
  3. Canada: $19.49
  4. Germany: $12.13
  5. Italy: $4.19
  6. Spain: $1.76

Sales breakdown by day for November:

November 2020 KDP sales - number of books sold

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Sales breakdown by market:

November 2020 KDP sales by market breakdown

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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!

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): $5,078.50
YouTube: $4,645.97
Website: $432.53
Page Views: 386,169
Ad Impressions: 1,342,347
2020 πŸ’° Profit to Date: $31,084.40

November 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

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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

November 2020 YouTube Channel Revenue

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Subscribers: +3,824

November 2020 YouTube Channel Subscribers

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

November 2020 YouTube Subscriber Count: Ryan Hogue Passive Income

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