We are officially over the “half way hump” of the year! Summer also happens to be the slowest time of the year historically (gotta start sourcing some popsicle makers, grilling accessories, water toys and lawn care products for next summer!) Let’s see where the income is at!
My sources of income that I report are as follows:
-2 Amazon.com seller accounts
-1 Amazon.ca seller account
-2 Ebay seller accounts
-Kindle income (from my kindle book. I’ve also created more books in other niches which I hope to have published and selling in the next few months- be on the lookout.)
affiliate accounts (including Amazon associates, clickbank and more- see the full report for details)
-undisclosed source of income (I will report numbers only and if this takes off as I hope it will, I will disclose this in the future)
WHAT HAS BEEN HAPPENING IN JUNE:
Unfortunately, my blog has taken a dive in terms of new posted content. I’ve been so busy in my personal life and I don’t regret this a bit (horse riding lessons and swim lessons for the girls, camping, games, outdoor activities, building new friendships and more) but it does have an adverse effect on my writing and I know this is a disappointment to those of you who are wanting more content. I’m still working on publishing content, but trying to find the balance between enjoying summer and writing out thoughts on business. When I have a choice to make between the 2, enjoying summer almost always wins because lets face it, I started this type of business for a reason- to gain freedom of my schedule and to do more things I love. If I’m not doing this, my business is not living up to it’s full potential!
On the business side, my new private label products have been taking a ridiculous amount of time to get finalized. A lot of this is due to sample after sample being sent from various companies, improvements made, lots of back and forth with the suppliers and more. I believe the products that I’ll have created are going to really be great though and I’m excited to see what comes of it!
Now lets get to the good stuff:
Amazon Account 1: $25,457.49
Amazon Account 2: $21.000.82
Amazon.ca account: $2101.30 (conversion to USD)
eBay account 1: $479.93
eBay account 2: $172.37
Website 1 income: $514.61
Website 2: $58.96
Total Physical product sales: $49,785.50
35% (approximate profit margin) = $17,424.92 PROFIT
Amazon Associates: $41.06
Nanacast(Products owned by Jim Cockrum) includes:
Kindle (Six Step Six Figure System) : $117.87
Undisclosed income: $24.99
Total affiliate income (and other “costless” income): $452.71
GRAND TOTAL ESTIMATED PROFIT FOR THE MONTH: 17,877.63
LAST MONTH’S TOTAL ESTIMATED PROFIT: $17,026.22
LAST YEAR’S TOTAL ESTIMATE PROFIT 17,942.90
FROM LAST MONTH: UP $851.41
FROM LAST YEAR: DOWN $65.27
Not a bad month all things considered! What is most amazing to me is how consistent my income is these days- usually within a few hundred or sometimes a couple thousand from the previous month. It was not like this when I started. If you’re just starting out and you’re seeing huge fluctuations, don’t be discouraged. This is completely normal until you build some credibility online and start consistently working within a budget and plan for product sales etc.
To be perfectly honest, I did not work very hard this month. As I said at the beginning, I’ve been focusing a lot of time on leisurely activities, family events and enjoying (and building) relationships. I’m thrilled to see my income has been at least maintained during a “slack month.” This gives me a lot of hope for the future. Ultimately, there are time that it’s important to “buckle down” and really put a lot of time and energy into this type of business, but the payoff can allow for some great experiences you’re not going to be able to get with a traditional job.
I hope this income report is encouraging and helpful. If you’re just getting started and haven’t yet picked up my free ebook “system start up” please do so below! Thanks as always for your support!