what's up guys welcome to my july 2021
passive income report i'm gonna be
sharing with you how much money i made
from my complimentary income streams
that includes amazon fba
amazon merch amazon kdp uh non-amazon
merch print on demand
and google ads so let's get started
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let's get things started with amazon fba
i did one thousand five hundred sixty
sales revenue generated thirty five
thousand five hundred seven dollars
profit ten thousand nine hundred sixty
five the margin was really
high but what i ended up doing um and
you know i've heard mixed
feedback on doing this but honestly like
it works for me and i don't see any
reason not to is
as i am running out of inventory i look
at how long it's going to take me to get
the next shipment in which
over the last uh well at this point year
and a half really
since the beginning of 2020 they've
really been restrictive on
being able to send in enough inventory
because you have to
generate an inbound shipment and then
they will weigh
what you want to send against what you
already have and the way they do is
really stupid like they don't give you
enough of a cushion
they should update the algorithm to
basically look at your sales per day
and then do a multiple of that and
because you they also ask you when your
next shipment is going to get there so
they could take the difference between
today
and when it'll get there times it buy
your sales per day and then allow us to
actually like
schedule our full inbound shipments in
the size they need to be
instead they just restrict you so then
we wait longer to create the next
shipment
and i'm going to go out of stock and
before i go out of stock i gradually
increase my prices so that's why i have
a really nice profit margin of 30
there and that's on average across the
board by the way
um other notable things um what else i
mean i guess i'm out of inventory of my
best seller right now
uh like i said i had increased the price
also like i'll increase the price
sometimes then run a coupon take like
five percent off um just
anything that can help me stand out in
search results you guys already know i
love doing that
i've got the reorder in it the
production run is ready today actually
and i'm paying my freight forwarder on
monday the bank is making it
increasingly difficult more and more
difficult to
do simple things like wire transfers and
also even like the bank branches are
disappearing but they still make you go
in person
so those are a little bit of a red flag
i bank with capital one in case
anybody's wondering so
anytime the banks are making it harder
for you to get your money a little bit
weird right a little bit of red flag
take note of that
um but that's a whole nother story go to
subscribe to my finance channel for
more stuff like that all right um what
else what else
um issues with the lawsuit anybody that
follows my
monthly income reports knows i've
mentioned the lawsuit for my number one
brand
um had to pay the lawyer another four
grand i think which sucks
and it's looking like i may lose the
brand
not because again not because i did
anything wrong but because
i'm fighting against the number one
retail brand that's been established for
decades
like they can fight forever and if i go
to court the lawyer already said it's
going to cost
you know could cost could cost more than
i make in a year in profit off of that
brand
um in a normal in a good year where
amazon doesn't restrict my ability to
send inventory in because lately i
haven't been profiting nearly as much as
i used to
because like i just said they sell out
before the next shipment gets there so
anyways i'm not trying to be down on fba
but like i'm always trying to be
transparent um you know this is a good
month regardless
10k 11k um but i mean i like
i could do better i don't need to go out
of inventory like my numbers next month
will certainly be lower because or i
guess that's this month in august
um because i'm going to be out of
inventory for a little bit so what are
you going to do
amazon merch 1388 sales
26 thousand six dollars in revenue five
thousand one hundred
six dollars in royalties now i always
want to be upfront with you guys and
transparent
i spent more on ads this past month in
july than i have ever before
for amazon merch i'm just kind of doing
some tweaking some experimenting et
cetera
and i'm not saying that this is going to
be consistent but i spent
1 000 and like it was like under 10 so
it's like 1 000 and
some single digit on ads so if you want
the real
royalty it's about 4100
not bad at all right and um i should
make a habit of in the future just
showing you the stats uh because it was
certainly profitable plus what you don't
get to see is that when sales are
generated from an ad
and then the algorithm learns like okay
associate this
this keyword with this product right
that may lead to future sales and those
don't get rolled up into the advertising
numbers guys that's why advertising can
really be
a pretty significant thing to consider
doing on amazon and that's why if you
don't know what the heck you're doing
with advertising
maybe i'm just saying you can consider i
do teach it in
any of my courses basically my fba
course merch course kdp course
um so check that out if you're
interested it maybe may make the course
more valuable to you
but if you don't want the course it's
all good just go in there and experiment
it's not that hard to advertise you can
start with really small
daily budgets and cpc bids so you don't
need to be an expert you don't need a
course but i think you should check it
out if you have access
that's my recommendation all right
breakdown of profit by country usa 4835
uk 75 pound sterling germany
42 euro france 18 euro
italy 22 euro spain 15 euro
and japan do i need to update is that
the euro symbol that looks weird maybe
it's just this font i use a weird font
it's like a c instead of a e
let me see yeah that is the right font
okay googled it
and uh 5400 yen uh profit
so that's my international sales
obviously usa led across the way but i
do optimize all my uploads for
the united states so and on the blog
post you can always
come and check out all this information
in more depth i'll put a link to it in
the description
on my website but you can see that uh my
number one bestseller did 96 sales
generated 486 dollars in royalties
so that was nice uh second best seller
was 28 sales followed by 15 13 and 12.
so pretty well dispersed you guys know i
aim to do mainly evergreens
you can check out my analytics broken
down by country
uh broken down by product type by fit
type by color
and my upload progress you can see that
i am currently at
144 808 published designs of 200
000. and yeah it's not easy getting
those filled however they did recently
increase the upload limits
so i think i went from 4 000 to 2 000 to
8 000. now i'm at eight thousand and
i've been doing my best to hit that
number every single day
if you guys are like how do you do that
i use automation both to create designs
and upload designs again just plug in
the course i teach everything there
step by step exactly as i do it plus i
give you discounts exclusive discounts
that you can only get behind the paywall
so in case anybody's interested i know
you don't like hearing about that but i
just wanted to mention it
in case you're wondering all right next
drop shipped print on demand
i did 428 sales bringing in 2 265
of profit so it wasn't a big month by um
by how i've been performing this year
but it's still 265 bucks right no
complaints but um you know i've been
i've been having a good year as far as
the
the non-amazon merch print on demand
sales
amazon.com which is mainly the printful
integration and gear bubble integration
that i use
276 sales amazon.co.uk8sales ebay21
redbubble74 spreadshirt34 and zazzle15
now spreadshirt i had one
massive order it was like one customer
and i think it was it was like 20 sales
or something to one customer it was
absurd
yeah um so that was really nice that
definitely helped bolster the
spreadshirt income
uh and you never know like again i have
no clue why that customer found me on
spreadshirt but guess what if i wasn't
on spreadshirt i wouldn't gotten that
sale so make sure you guys upload to
more places
and you can see my like daily sales
breakdowns on the blog post
also if you follow me on instagram i
post this stuff every day i post like my
seven-day
trailing sales for printful amazon
integration
you can see my amazon.com uk and my ebay
integration
and breakdown of profit amazon led the
way 1594 dollars followed by ebay 314
redbubble 158 and amazon.com uk 102.
ultimately i got a um silver i need to
update that
silver not gold volume discount of 7
not quite gold which would be 8 percent
amazon kdp i did 57 sales bringing in
89.67 of profit
average royalty 1.57 all right
and that's pretty much it for kdp i
haven't really been uploading too much
lately um
guilty of like i guess you could say
being lazy and not being consistent
and that's on me i got to be better
about that so i'll try to do that
in august i'll try to be better about
that i've been doing a lot of traveling
you know living life
currently still a little bit sick from
my most recent trip
where i definitely did not get enough
sleep and uh you know i love my sleep
i've said that before i need my eight
hours a night but you know what like i
said the show must go on i'll get over
it and
it'll all be good all right round it out
google ads earnings total 5174.
youtube generated four thousand nine
hundred twenty dollars of that
and the website that i built in college
for fun brought in 253 dollars of ad
revenue
and um you know i probably double that
monthly
at least through direct advertising with
various companies that just want to buy
backlinks
to help their websites rank so i don't i
don't know if anybody cares but it is
something that like
basically just free money for very
little work page views 253
000 ad impressions 950 000 so yeah doing
pretty good there you can see a
breakdown of my google ads um dashboard
here
you can see my google analytics here
you can see my youtube revenue here for
reinhood passive income brought in 4797
and then i have my second channel now
reinhard investing which had 122
in revenue so didn't drop too many
videos on the second channel this past
month like i said very busy lots of
travel gonna be better about that too
this month for sure a lot of stuff i
wanna talk about too sometimes i don't
post the videos after i record them
though
because i don't want the youtube
algorithm to dislike me you gotta play
ball right
all right so here you go um breakdown of
subscribers by video in case anybody
cares what like youtube analytics
dashboards look like i try to you know
post some of this
relevant data to the blog post and from
socialblade
76 700 subscribers when i published this
report
which i think means that i gained about
3 500 month over month
thank you to all the new subscribers and
especially to the old subscribers that
still watch my content i do really
appreciate you
and your time and i'm gonna try to keep
bringing you value that brings you back
to watching these videos so thank you
all right let's wrap up on top uh
leading the way amazon fba brought in
ten thousand nine hundred sixty-five
dollars
of profit followed by what
google ads five thousand one hundred
seventy four dollars a profit
followed by amazon merch which remember
i had to take a thousand off
the top so about four thousand one
hundred dollars of profit
then followed by drop ship print on
demand two thousand two hundred sixty
five dollars a profit and last but not
least kdp 89.67
of profit for a grand total of
twenty three thousand six hundred one
dollars and eleven cents
in the month of july and uh just worth
noting too i traveled a lot this past
month
and was making passive income the entire
time i was gone you know i had great
trips to
colorado uh to the beach to go with
friends
to miami and you know what it was a
profitable month
and i want that life for everybody that
wants that life for themselves um
real realistically guys like you have
the road map i talk about it every day
pretty much on youtube
and it's really just about execution and
i i don't want to hear that like life is
too busy
i know i don't want to be i don't want
to be that guy that's like i don't want
to hear it but seriously like i had two
jobs
you know a girlfriend family friends
like i'd have to give anything up to
scale this journey
but obviously it took me quite a bit of
time you're watching my income report
go ahead click the link in the
description and then look at my website
you can go all the way back to 2017
like over four years ago so it didn't
happen overnight just keep a good
perspective keep grinding
you guys will get there all right that's
what i want to say anyways guys
thank you for watching this video please
do me a quick favor like and subscribe
if you're not already and i will see you
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soon
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you