November 2015 Income Report

5

graph-2-1477627Our final month of the year (and historically the biggest sales month) is HERE!  Things have been picking up in my business substantially this month.  This is a big reason I have not had the time to post regular content.  Don’t worry- I’ve got some creative ideas for the blog for 2016!  Also, if you have specific things you’d like me to write about, talk about or topics you’d like to learn about, please comment below!  Until then, let’s look at last month’s income!

INCOME SOURCES

My current sources of income are:

-2 Amazon.com seller accounts

-1 Amazon.ca seller account

-1 Amazon.co.uk seller account (NEW!)

-2 eBay seller accounts

-2 websites

-Kindle income (from my kindle book.)

- A currently undisclosed source (you may here more about this next year)

affiliate accounts (including Amazon associates, clickbank and more- see the full report for details)

THE BIG THINGS THAT HAPPENED IN NOVEMBER:

If you’ve been following my reports, then you know that overall, this has been my lowest sales year overall since going full time online! Seeing the numbers drop can be scary, but if I had been keeping closer track of some things throughout the year, I could have prevented some of the biggest problems that occurred in my business!  I have come up with a plan which includes some systems and software that have been helping me simplify, organize and run things more efficiently these last couple of months!  I will be sharing much more specifically what has worked and what hasn’t in 2016!

In other news, I had 5 new private label products hit Amazon’s warehouses almost all at once in the last week or so!  Most of them are just getting started and I’m getting reviews for them, but I’m already starting to see sales rolling in, so December should be a great month!

INCOME BREAKDOWN:

Let’s get to the November income breakdown:

Amazon Account 1: $30,711.44

Amazon account 1

Amazon Account 2: $7,969.08

Amazon account 2

Amazon.ca: $2767.57 (conversion to USD)

Amaon.ca

 

Amazon.co.uk: $3748.80 (conversion to USD)

Amazon.UK

eBay Account 1: $809.31

eBay account 1

eBay Account 2: $12.77

eBay account 2

Website 1: $423.20

website 1

Website 2: $25.88

Website 2

Undisclosed income: $90.57

Total Physical Product Sales: $46,558.62

35% (approximate profit margin)= $16,295.51

——————————————————————————–

Affiliate Earnings: $87.35

Amazon associates

Nanacast

(includes: Proven Product Partnering,

Sourcer’s Apprentice BookProven Wholesale Sourcing,

Proven Private Label CourseImport Direct From China

Proven Amazon CourseList Building Class,

Proven Performance Inventory

$264.49

nanacast

 

 

 

 

 

 

 

 

 

 

JVzoo (Amasuite and long tail pro- see clickbank for more long tail pro):

$8.50

JVzoo

Kindle Book (Six Step Six Figure System) $66.97

Kindle

Clickbank: (AffiloblueprintLongtailpro, etc) $262.24

Clickbank

 

 

 

 

 

 

 

 

 

 

 

 

Lisa Suttora (0)

(Power of 10 Wholesale Sourcing for Ebay

Sourcing the Right Products Wholesale to Sell on Amazon )

Worldwide Brands (0)

Total affiliate income (and other “costless” income):

$689.55

GRAND TOTAL ESTIMATED PROFIT FOR THE MONTH: $16,985.06

LAST MONTH’S TOTAL ESTIMATED PROFIT: $10,111.00

LAST YEAR’S TOTAL ESTIMATED PROFIT: $28,288.04

FROM LAST MONTH: UP $6,874.06

FROM LAST YEAR: DOWN $11,302.98

CLOSING THOUGHTS:

Well, November was up fairly significantly from last month (which is quite typical) but way down from last year!  Now that I’ve pinpointed some big reasons for my slow sales, I’m very optimistic about 2016 (I also think December is going to be a great month!

If you want some great money making ideas to get started, please enter your name and email below and grab my free ebook to get you started!

AND DON’T FORGET:  If you have any specific topics you’d like me to cover or things you’d like to learn about, let me know if the questions below.  In 2016, I plan to do some things different with the blog for a better audience experience!

5 thoughts on “November 2015 Income Report

  1. Hi Daniel,
    I see that your .uk account is doing well right away.
    I think that I posted this in the wrong blog :
    I’m really motivated today because my FBA sales went above $60K for the running 30 days. This is a big step for my business and it will help me develop a plan to maintain good sales in Q1.

  2. I think it is safe to say that sales, overall, on Amazon are a bit down. Some say its due to competition since everyone and their mom is selling on Amazon now. Some say its because of the latest algo change ( I personally have found that listings are not always visible through out the day).

    What reasons have you pinpointed for slow sales?

    1. Hi Lisa,
      The “pinpoint” is more like several “pinpoints” that I found. I will write about it extensively at the end of the year, but to sum it up, I no longer sell a few high priced wholesale items that were hot (either lost popularity or my cost went up) and I focused so heavily on private label that I nearly stopped doing arbitrage. Also, the person who was doing the arbitrage got sidetracked and hasn’t worked on it all year! Focusing on private labeling would have been a great idea, but I spent too much time developing and modifying the products rather than getting them up on Amazon sooner. Lost time=lost money

  3. Hi Daniel, I starring reading your blog after watching your interview with Kam, owner of AOTR, and I was wondering why your sales are down from last year. did you reduce the amount of work to free up some time ? or did the market change from last year ?

    Thanks

    1. Hi Mohammed,
      A little of both. I will write about it extensively at the end of the year, but to sum it up, I no longer sell a few high priced wholesale items that were hot (either lost popularity or my cost went up) and I focused so heavily on private label that I nearly stopped doing arbitrage. Also, the person who was doing the arbitrage got sidetracked and hasn’t worked on it all year! Focusing on private labeling would have been a great idea, but I spent too much time developing and modifying the products rather than getting them up on Amazon sooner. Lost time=lost money

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