hey what's up guys hope you're having a
great day thank you for joining me today
i'm going to do my august 2021 passive
income report i'm going to share with
you how well my e-commerce business did
last month specifically i'm going to
highlight my amazon fba amazon merch
amazon kdp my google ads and my drop
shipped print on demand sales i'm gonna
let you know across the board how my
sales were how my revenue was and how
much profit i made because i know that's
what really counts so thank you for
tuning in let's get started
[Music]
quick reminder take advantage of the
free weekly print on demand giveaway
takes like 10 seconds to enter and two
winners are going to be selected and
announced on sunday they will receive a
license to merge titans upload
automation merch ninja research tools
all sunsets premium pre-made designs to
help you and bubble scout the only
redbubble niche research and validation
tool you can find a link in the
description
also while you're down there i've got a
free 8 day print on demand mini course
you can take advantage of all i need is
your email address and i'll send you one
lesson a day and i've got a great
facebook community in case you guys want
to take advantage of that all right
let's get on over to the income report
all right let's start with amazon fba as
we always do i did 1053 sales bringing
in 23 047 dollars of revenue of which i
got to keep six thousand and eight
dollars as profit my gross margin was
roughly 26
and of course guys if you want to check
this out on my blog i will put a link in
the description you can kind of take it
at your own speed and check out the
charts and whatnot and the notes that i
made
basically i mean this month as predicted
was a lower month
kind of significantly lower than last
month
as i mentioned if you guys caught the
july income report i said that august
would be lower because i was going to go
out of inventory of some some products
this is really just a function of me not
being able like amazon will not let me
send in the units when i need to
and i need to create the inbound
shipment to let amazon know that i'm
sending it in uh basically like i like
to do that when i place the orders with
my suppliers so that they have
everything that they need to get
everything produced
and uh it just time-wise doesn't really
work out um some suppliers also take
longer than others and then with c
shipping
um number one that's been a little bit
more expensive than normal lately and
it's been taking a little bit longer
than normal as well so anyways uh it
just is what it is i've got some skus
that are out of inventory right now
that'll be restocked soon i've also got
one supplier that's working on an order
taking forever as usual i don't know why
that supplier takes so long but it is
what it is
as far as advertising goes for my fba
business
um i only spent 587 dollars on ads to
generate 3 378
in sales my return on ad spend was 5.75
so um doing pretty good honestly and uh
i need to update that arrow actually
should be flipped should be down um
either way uh yeah i mean decent enough
month for fba six grand profit i'll take
that all day especially because fba guys
is like super passive it doesn't require
a lot of my time and attention
unless i'm like starting a new um
product line or you know i mean
launching new products et cetera
all right moving on amazon merch
1373 sales bringing in 25 772 dollars of
revenue uh the royalties that i
collected on that totaled
4875
seventy to
average royalty per sale was three
dollars fifty five cents also um i made
roughly four grand in royalties i spent
just a little bit like if you basically
875 dollars if i spent basically like
900 on ads last month so i made roughly
four grand which is basically what i
made as profit uh in july as well after
you deduct the ad spend by the way if
you guys missed my advertising tutorial
where uh we did like a really great
step-by-step um advertising tutorial
that's accessible to everybody it wasn't
like a super advanced strategy it was
more or less something that every single
person can do i'll link to it in the
youtube cards right here it was we were
live but um i kept the replay up on
youtube so make sure you guys check that
out if you missed it
um okay so you can see here uh the most
successful marketplace for me was usa i
believe followed by uk and then i
believe followed by germany um
you know i'm still having trouble like
doing well in those other international
marketplaces but i do post all of my
designs pretty much all of them yeah
with with english text so it makes sense
that you know the two best-selling
marketplaces are the two predominantly
english-speaking marketplaces
all right so you can again check out my
blog post if you guys want more in-depth
statistics and take a longer look at um
how my
my month went
uh but as you can see here
my best seller did 25 sales
uh second best seller which i mean if
you could see the second best-selling
t-shirt
it's it's like a joke you guys would be
like how in the heck did you sell 16 of
that shirt uh because it's literally i
mean it's like it's so simple and it's
so random like no research went into it
um
sometimes i just go and i look at the
graphics and then i just type out text
that i would associate with the graphic
and then i post it to see what sells
the benefit of being in tier 200 000 is
you can kind of do whatever you want
because you have
basically infinite upload slots
um but yeah best sellers after that 15
sales 15 sales and 11 sales so pretty
well diversified um not like any crazy
no one design went crazy with the sales
and were super concentrated it was
pretty well dispersed
my sales analytics for august you can
see here this is a breakdown by day and
by market
and the us market are the tall lines as
you would expect so
and you can um again see the breakdown
by product type 91 standard t-shirts um
by the way like my uploads i'm hitting
my so tier 200 000 they give us 8 000
yeah 8 000 products a day
in our daily uploads and i hit that 8
000 like clockwork every single day so
i'm getting lots and lots of product
types
posted but
of course i still have a majority a lot
of old products that are posted only to
standard t-shirts so you would expect to
see majority but 91 and that's with me
daily posting all these
um different product types
for each design basically getting them
enabled on all these different product
types so
uh yeah standard t-shirt don't overthink
it is the best selling product on merch
by amazon you can see pullover hoodie
two percent premium t-shirt two percent
tank top two percent uh followed by
v-neck one percent uh sold six raglan
five sweatshirts five pillows four pop
sockets three tote bags two zip hoodies
two long sleeve shirt and one uh iphone
case
uh top fit type 64 men 27 women six
percent kids
breakdown by color 45 black uh 8
navy blue 8 dark heather gray 7 royal
blue uh after that's 4 3 etc
uh and then as my upload progress thus
far uh
looks like i am at 147 389 of 200 000 um
published designs and my product
potential right here is
uh over half a million um but of a
potential possible 12.8 million so i'm
at roughly four percent filled
um wish me luck i don't know how it's
possible that anybody's gonna get all of
them filled especially given the daily
restrictions like i don't actually know
if it's possible because your products
will start to fall off you know they
fall off after 365 days if they don't
make a sale so i don't know if it's
actually even possible but um who knows
you know
i will keep uploading every day all
right drop shipped print on demand i did
394
sales bringing in 2 181 dollars of
profit uh amazon.com led the way with
278 sales amazon.com uk a measly two
sales but i stopped um really
prioritizing that i switched my account
to a
um i think i said this last month but
it's no longer a professional account
it's a standard what do they call it
like individual seller account so i
don't pay the 40 a month and i don't
have a g10 exemption so i can't publish
new products so i just have my old ones
but two sales is two sales whatever ebay
24 sales redbubble 78 spreadshirt two
and zazzle 10 sales zazzle 10 sales well
done
zazzle used to make no sales each month
now it's doing like you know pretty
doing decent like a little bit extra
money here and there but um 10 sales
i'll take that
so you can see my printful sales chart
for amazon.com seller central which does
not include my gear bubble sales i also
use gear bubble in conjunction with pod
turbo
which pushes 200 products a day for me
um they get fulfilled by gear bubble
i've also got all my older gear bubble
products that i used to do manually so
lots and lots of products on my seller
central account
my amazon.co.uk account by the way
follow me on instagram if you guys want
to see my daily um posting of my
uh printful plus amazon sales i try to
post that every single day along with my
fba sales and my merch sales
and here are my printful ebay sales as
well
ebay was a big improvement this year for
me i prioritized it when i thought i had
a batch of products that would do well
they did end up doing well and uh so
yeah don't sleep on ebay you're leaving
money on the table otherwise like i had
some a couple months where ebay was
making like 800 profit
and uh i think everybody watching myself
included would take that 800 profit
right
so breakdown by my uh top platforms
amazon.com sixteen hundred seven dollars
profit ebay 315 dollars profit redbubble
207 dollars profit zazzle 26 profit and
amazon.com uk with those two sales 19.73
profit and ultimately this earned me a
silver volume discount of 7 percent that
will apply to my sales in september love
that
all right let's move on to kdp i did 78
sales on the month this is probably a
big month for people that really focused
on getting like back to school style
journals posted uh i did not really
focus um too much on that i mean i
traveled a lot this summer got a lot of
my traveling in this year that i didn't
get to do last year so
um you know making excuses i hate doing
that but it is what it is uh kdp just
doesn't excite me as much as it used to
but i need to get back into there where
i'm where i'm slacking in my kdp
business is converting my
t-shirt designs to kdp book covers and
yes that is the way i typically
prioritize my kdp just because it's an
easily streamlined
method of doing it that's that can be
scaled pretty easily so
i need to just get better about getting
those conversions done because i can get
back to uploading
kdp using power kdp my upload automation
tool of choice each night but anyways
rambling uh 78 sales 127.73
of profit average royalty dollar 64 per
sale
and after this month i should crack a
thousand dollars on the year from amazon
kdp i did have one day here uh august
21st where i think that was uh 22 sales
in a single day so that was a good day
all right and um you can see by
marketplace united states led the way
with 96 dollars in profit united kingdom
came in second with 29.91 profit canada
third nine dollars 90 cents profit and
germany one sale 1.52 in profit
all right and we'll round it all out
with google ads my earnings total was
four thousand one hundred twenty-five
dollars and eighty-five cents of profit
youtube brought in three thousand nine
hundred fifty-four dollars of profit uh
the website that i run i don't know why
the google ads was down so much um to
only a
171 dollars of profit but uh i'll look
into that the page views are actually up
month over month but the ad impressions
fell so that's interesting
uh but page view is 509 000 and ad
impressions 682 000
so let's drill down into these numbers
by the way again if you want to check
out my blog you can see you know the
dashboard from google ads
adsense i don't know if they want to be
called adsense anymore let me see i'm
pretty sure they okay it does it still
says adsense but i swear they sent
something out like a year ago it said
they were rebranding as just google ads
and they were gonna you know mesh in
both adsense and adwords but anyways
google analytics also available here the
dashboard for last month
and let's get to my youtube revenue so
this is reinhard passive income
where they pay me to do these videos
which is awesome i didn't even think
that i would make any money when i
initially started on youtube
doing these but i guess it's a decent
space to be in i know that the
amount paid for the ads is a little bit
higher than normal so i guess it's a
good niche to be in didn't know that
when i got started though anyways uh
channel got 200 8 510 views
estimated revenue
dollars ninety 3887.90
that is for reinhood passive income
and for my reinhard investing uh
alternate channel
looks like estimated revenue was seventy
seven dollars sixty four cents so i
actually need to update these numbers
because i thought it said 66.66 for some
reason but i got a little bit more money
than that that's just a little side
project i think i only posted two videos
last month just because i was so busy um
so you know i'll take that and it'll you
know it'll grow slowly and if it's ever
something i really want to focus on uh
it's there you know it's good to have an
alternate channel though especially
because youtube's closing so many
channels these days
for
saying things that are true but you if
you say it too early you know what i
mean like ahead of the mainstream media
saying it's okay to say a lot of weird
it's a weird time to be alive guys so
youtube sensors are crazy facebook
sensors are crazy twitter sensors are
crazy
it's weird time guys like we're living
in a
time of great censorship um that's all
i'm gonna say uh here we go so you can
see my subscribers gained by video here
just like random analytics from
you know obviously it's a google product
youtube owns
google owns youtube so you can get a
bunch of crazy analytics like that if
you go into your analytics section in
your youtube studio but
currently at just about 79 400
subscribers thank you to everybody that
has subscribed thus far and helped the
channel grow and let's go back up to the
top and wrap up this video so
august 2021 passive income report
from e-commerce sales
my total
was amazon fba
six thousand eight dollars twelve cents
of profit
uh followed by amazon merch four
thousand eight hundred seventy five
dollars thirty four cents of profit
followed by google ads four thousand one
hundred twenty five dollars of profit
followed by drop shipped print on demand
2 181 dollars of profit and last but not
least amazon kdp
127.73 of profit for a grand total in
the month of august of
three 17
eighteen dollars and five cents of
passive income profit plus eleven
dollars because i miscounted my second
youtube channel i was off by eleven
bucks but anyways i mean i know that
doesn't really matter um so yeah good
month guys and uh we're getting
very close to the start of the fourth
quarter so now's the time to really
buckle down and get excited about
getting as many products as possible
available for sale in as many places as
possible we know
that if you occupy as much online real
estate as possible with products for
sale
you should make more money than if you
occupy less online real estate uh with
products for sale right don't don't make
it hard for people to give you their
money make it easy okay so get on all
the major e-commerce marketplaces
follow the trends follow best practices
if you're doing print on demand or if
you're doing fba it doesn't matter um
the best practices are what they are
and you'll do you'll do great all right
the fourth quarter is what really counts
like when we look at these monthly
income reports it's misleading
because the best way to really get
insights into a business
is to take the 12 month aggregate total
and divide by 12 because we already know
the fourth quarter is where the majority
of the sales are going to be guys so
we're heading into there i'm very
excited i'm going to keep grinding
throughout the day i'm constantly like
manually pushing new products through
the printful amazon integration um the
rest of the stuff i do is pretty much
using automation but just letting you
guys know you know kdp is where i'm
slacking so you know what i need to get
i need to be more accountable for kdp
but that's my
focus for this month um after i record
this video actually i can just get to
converting a bunch of new kdp book
covers so i think i'm gonna do that guys
um but anyways yes let me know your
thoughts in the comments below any
feedback any questions i'd love to hear
from you guys i hope you have a great
rest of your day and i'll see you soon
[Music]
you