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πŸ’° Income Report: October 2020

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In October 2020 I made $14,640.01 of passive income profit, even with my Amazon FBA business took a minor hit due to legal issues preventing me from restocking.

Amazon FBA

Sales: 1,100
Revenue: $23,949.70
Profit: $6,050.31
Gross Margin: 25%
2020 πŸ’° Profit to Date: $77,187.87

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

My FBA sales are trending down as I'm having to deal with a legal issue.

In short... my brand of best-sellers is being threatened by the biggest brick & mortar brand on a trademark basis.

I'm not sure how much more I should say about the matter publically, but I'm confident that I'll be fine as my trademark been registered for over 2 years with no problems.

Most profitable Amazon SKus in October 2020

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My most profitable SKUs list reflects significantly less sales than normal due to me being hesitant to re-stock my best selling units until the legal matter is resolved.

In addition to that, some of my products see spikes (and lulls) in demand based on seanality.

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

october 2020 campaign manager stats
  • Spend: $370.56 $80.48 MoM
  • Sales: $2,233.85 $49.40 MoM
  • ROAS: 6.03 0.97 MoM

One great aspect of 2020 is that advertising has gotten cheaper on Amazon!

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: 717
Revenue: $13,204.97
Royalty: $1,682.76
Avg. Royalty: $2.35
2020 πŸ’° Profit to Date: $8,129.15

  • USA flagUSA
    $1,647.91
  • UK flagUK
    £10.04
  • DE flagDE
    €17.96
October 2020 Amazon Merch sales * sales data from PrettyMerch Pro

Amazon Merch sales picked up (as expected) in October!

What's funny is that my best selling product this month was actually from a livestream that I did in the private Facebook group for my Amazon Merch course students.

I did organic research > design > keyword optimization, and could not have been more pleased with the result!

Here's my sales breakdown by day:

October 2020 Amazon Merch product sales breakdown by day

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Breakdown by product type:

October 2020 Amazon Merch top product types

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Breakdown by fit type:

October 2020 Amazon Merch top fit types

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And last, breakdown by color:

October 2020 Amazon Merch top colors

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Uploads Update

74,706 / 100,000

My Amazon Merch upload progress as of October 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: 308
Profit: $1,566.37
2020 πŸ’° Profit to Date: $20,696.50

Sales by platform:

  • Amazon.com
    117
  • Amazon.co.uk
    16
  • eBay
    7
  • Etsy
    0
  • Redbubble
    107
  • Spreadshirt
    9
  • Teepublic
    46
  • Teespring
    0
  • Zazzle
    6

My dropshipped print on demand sales were steady month-over-month.

Nothing notable really took place, except I'll mention that I pushed 6,200 new products using PODTurbo upload automation to Amazon Seller Central!

Here's my Printful sales chart for my Amazon (.com) Seller Central account (Gearbubble sales not pictured):

October 2020 Printful Amazon integration sales

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

October 2020 Printful Amazon integration sales

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I'm hoping to see an increase in sales across the board as we head into November/December as well.

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

  • Amazon (.com): $810.39
  • Redbubble: $300.33
  • Amazon (.co.uk): $159.26
  • Teepublic: $138.00

I'm currently having issues with Teepublic that I'm hoping to get resolved soon.

Last, my efforts were rewarded with a Printful volume discount of 5%!

October 2020 Printful Amazon integration sales

* click to expand

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: 53
Profit: $99
Avg. Royalty: $1.87
2020 πŸ’° Profit to Date: $1,481.95

October 2020 KDP Profit

$99 of profit was generated on 53 sales @ an average royalty of $1.87 per paperback book.

This was an increase in month-over-month KDP sales for my business, and time-permitting I will attempt to sell more time-relevant books.

By the way, both PowerKDP & Bowes Publishing release monthly niches for your KDP low content books to target!

Profit breakdown by market:

October 2020 KDP profit by market breakdown

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

  1. United States: $57
  2. United Kingdom: $22.94
  3. Canada: $15.07
  4. Germany: $2.00
  5. Italy: $2.00

Sales breakdown by day for October:

October 2020 KDP sales - number of books sold

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Sales breakdown by market:

October 2020 KDP sales by market breakdown

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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!

; 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): $5,241.57
YouTube: $4,912.03
Website: $329.54
Page Views: 373,886
Ad Impressions: 1,220,313
2020 πŸ’° Profit to Date: $27,197.85

October 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: $4,912.03

October 2020 YouTube Channel Revenue

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Subscribers: +3,900

October 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!

October 2020 YouTube Subscriber Count: Ryan Hogue Passive Income

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