not to alarm anybody but we are in the
sixth
month of 2021 we are almost halfway
through the year
five months are in the books guys are
you getting closer towards accomplishing
your goals whether
they're related to making money online
or anything else in life
please just stop for a second reflect on
where you are and where you want to be
and understand that as long as you can
like reverse engineer a path to get
wherever it is you want to be
and then make incremental progress on a
regular basis hopefully on a daily basis
you will get there all right and
hopefully i don't believe in you more
than you believe in yourself you got to
get over
imposter syndrome and believe in
yourself because nobody's going to
believe in you
more than you're going to believe in you
anyways where'd that come from
i don't know uh let's do my may 2021
income report i'm going to share with
you
how much money i made doing amazon fba
amazon merch amazon kdp um non-amazon
merch print on demand which i call drop
ship print on demand
and google ads which includes my youtube
channel revenue let's get into it
[Music]
let's start with my amazon fba sales so
i did 742
sales bringing in 18 eight dollars as
revenue
i got to keep four thousand two hundred
ninety seven dollars of that as
profit my gross margin was right around
twenty two percent
all right and if you guys wanna check
out my blog post i always link to it in
the description below
uh the big news and you can actually
kind of see it in the chart behind me
which by the way i take from
fetcher is and that's uh the profit and
sales analytics tool that i use for
amazon fba
you can actually see from the graph
behind me that i got some
inventory reorders in finally
after months of me saying oh i'm waiting
i'm waiting i'm waiting
between supply chain breakdowns and
delays and shipping and a funny story
one of the skus
actually got to amazon earlier in the
month
but because of how long the production
run took from the supplier who delayed
it i think two or three times
basically an inbound shipment for fba
you get
three months to get your product there
from when you create it
somehow it took them so long plus
shipping
time that uh basically it got there a
day after three months passed so then i
had to wait an extra like three weeks
for the fba warehouse to actually accept
the units so yeah that's just a
pointless delay
for a product that was completely out of
stock anyways it's now in stock so i
should be in good shape now and you
should see some big numbers in june
um as i'm across the board in much
better shape than i've been the last
like three months
so anyways you can look into my more
detailed analytics on my blog post you
can see here my advertising
statistics um sales increased this uh
month over month by almost a thousand
dollars ad spend only went up 159
so basically month over month i spent
159 dollars more on ads
generated 924 dollars more um
total sales on that ad spend so pretty
good
roads increased as well so amazon fba
uh looking up in summary all right merch
by amazon i did 1232
sales in total and that's across all
markets
uh revenue brought in was 23 562 dollars
royalty generated on that was 4
47 average royalty 3.65 cents
i've been actively pushing products
every single day
uh and night honestly i just leave it
running overnight however it tends to
get tied up and fail at some point
probably within the first like hour
honestly maybe two hours
of me going to sleep but i'm just trying
to push
you know and if you guys missed the memo
now merch by amazon lets you take one
design and push it to every product
and every marketplace and only counts
that as like one
upload so i am basically re-uploading
like my whole catalog which i probably
needed to anyways because i know
some of them are probably starting to
fall off after a year of no sales so
it's pretty good timing
one thing i'd recommend guys is if
you're not like
going to join my course for print on
demand or merch by amazon
you should consider strongly just being
very meticulous about recordkeeping
especially with merch by amazon because
you know these designs fall off after a
year of
not selling if they don't sell so you
need to remember to re-upload them
and uh you know i've got like a nice
little excel workbook
that i keep on my google drive that
helps me with the re-uploads
and track like where i've uploaded each
batch of designs
to various websites to kdp um
to amazon.co.uk all that stuff so be
meticulous be
uh be diligent with your record keeping
all right here you can see
usa market 4100 uk
113 and this is profit by the way 113
pound sterling
german market 57 euro france 23 euro
italy 41 spain 28 and japan
uh 4 500 yen i will basically guarantee
you across the board i should see those
numbers go up
in july um the only one that maybe isn't
as obvious as maybe usa market won't
even i hope it will but i can guarantee
you that the international markets
in one month will all be hopefully
multiples higher hopefully like
minimum 2x but hopefully like 3x4 x 5x
as i'm pushing daily products to all of
them and you can see here
my more in-depth analytics like right
here um this is from the pretty merch
pro
analytics tab you can have it combine
all of your sales across all
marketplaces you'll notice the tall thin
blue lines are us market
my goal is to get that looking more
uniform even though you know us market's
probably always going to be my
best-selling
marketplace but i want the other ones to
be more to be closer let's say
you can see my breakdown by product type
standard t-shirt represented 89
of my sales pullover hoodie was three
percent tank top three percent two
percent premium shirt
so tank top i think increased month over
month top fit types uh male 63
woman 29 unisex four percent kids four
percent
breakdown by color it looks like black
43 followed by navy
royal blue heather gray heather blue
white purple
uh gray and you can see i didn't update
this uploads uh number but you can see
in the screenshot here
that my published designs total are 140
3
725 of 200
000 and now they've got this other
metric product potential
which shows you that if you're in tier
200 000 and you think you multiply that
by 64 which means that you publish to
every product on every marketplace
you can have up to 12.8 million total
products
across amazon's international
marketplaces which
is absolutely absurd i don't think i
need to tell you guys that and somehow
someway i'm only at a quarter million
so i have a long ways to go but i intend
to get there if amazon didn't have that
throttling mechanism built in
like now it maybe looks like there's a
little bit more
uh that that is not as random with the
throttling mechanism when i say
throttling guys i mean
if you upload too fast on merch by
amazon or you try to upload in multiple
tabs
i'm sure you've all seen where it says
like invalid png or it just shows you
that the price is broken
um typically when that happens it's the
throttling you just have to wait a
couple minutes and then it fixes itself
basically they just don't want people
spamming them with uploads so it makes a
little bit more sense now because
otherwise if that didn't exist i'd
probably be
much further along in my product
potential
all right drop shipped print on demand
sales i made 584 sales in total bringing
in 3494.77
of profit all right as far as my sales
go
amazon.com 417 sales amazon.co.uk 11
sales
ebay 49 sales etsy um actually i meant
to update this i'm going to update it on
the blog post after this
um my girlfriend's etsy shop like i've
been helping her with that
so i'm just going to record her sales
here even though she keeps all the money
and we did four sales which i think is
lower than the previous month but that's
because etsy
screwed her over and turned off payment
processing so
if you guys are interested i'll put a
link to her channel she talks more about
the journey with opening a new etsy shop
and trying to scale it and is very
transparent
and basically etsy screwed us over this
month so four sales i think 100 and like
30 total in the month of may uh
redbubble 79 sales
spread shirt 11 sales t public zero
sales teespring zero sales and zazzle
17 sales so you can see
here um basically the charts out of
printful's statistic tab
for my amazon seller central sales by
the way this does not include like
anything sold through gear bubble
i have gear bubble products from four
years ago plus i use
pod turbo to push
200 products a day to my amazon seller
central account that gear bubble
fulfills if they sell
and i just released a pod turbo course
and you can find a link in the
description if you're interested it's
also included in my
drop ship print on demand course if you
enroll in that one you just get
access to everything that i do print on
demand related plus everything in the
future
in case you're wondering um so i'll put
a link in the description
in case you want that amazon.com.uk you
can see the printful chart by the way i
also published these pictures
to instagram in case you guys want to
follow me there i do like a daily story
where i post my fba sales merch sales
and
printful amazon sales to my story
and as much as i hate social media it's
like i'm trying to be better about like
engaging with it and stuff like that so
anyways if you want daily updates you
can find them on my instagram and that's
always linked in the description
uh ebay sales i think my ebay sales
sales fell month over month i can look
um my ebay sales brought in 706 dollars
this month of profit the month before
741 dollars so they didn't fall by too
much
but i love that ebay is bringing in
money because that was always a pain
point for me and i've been successful
with scaling that up
through a very conscious effort to do so
you know it wasn't just by chance
um so i like i like that i can like set
out a goal to do something and then
actually accomplish it so
uh and you can see here that i earned
the elusive
eight percent discount that will apply
to all of my sales in june that is the
gold
printful uh volume discount one day
hopefully i will get to platinum
but that day is not today but i'm happy
with uh
eight percent that means that i did um
did it say
last month there you go accumulated
sales it's actually behind me here 5
896 dollars in sales that printful
fulfilled
last month all right amazon kdp i did 74
sales bringing in 139 dollars of profit
average royalty 1.89 cents
and um you know i've been really focused
primarily on getting my merch uploads
done
just because i'm so excited by this most
recent update
uh so you know kdp has been a little bit
on the back burner for me
but power kdp actually the upload
automation tool that i use
just released an update and one of the
cool things about this update is that it
allows you to do what they call
power scan and scan your whole catalog
of kdp
offerings and download it into a
spreadsheet so i think you can do a lot
of cool stuff with that
and i'm going to do a video on that in
the near future so look out for that one
make sure you subscribe in case you want
to see it
you can see my breakdown by marketplace
here united states 73 dollars profit
united kingdom 52
canada 11 germany two dollars france
a whole 56 cents all right let's move on
google ads
all right the earnings total on the
month was
eight hundred eighty nine dollars and
forty one cents youtube
brought in four thousand five hundred
and thirty one dollars let me look over
at my side monitor make sure yup that's
correct
um and what's cool is i got my second
youtube channel monetized
i have a second youtube channel that
it's just kind of like a passion project
called reinhog
investing and i feel like if i ever get
the urge to dedicate more time and
effort into that channel i certainly
will
at some point like i'm probably going to
have a room dedicated to recording
videos
where i'll just have a green wall behind
me which will make doing this cool
little
transparent screen or whatever you want
to call it i just call it the green
screen effect honestly
um but like currently i set up a green
screen manually and i don't keep my um
my webcam plugged in all day so it's a
little bit of a nuisance to record
and i think that stops me from wanting
to push more content out to the second
channel
anyways the reason for me sharing that
is that um you know one day i'll
probably put more effort into scaling
that channel
but for now it's like getting monetized
a pretty big milestone so i'm happy with
that it generated
uh 45.69
this past month and it's only been
monetized for like 10 days i think so
not bad i mean that's just free money
and if that doesn't sound like a lot of
money guys if you do the math like it
was bringing in maybe five dollars a day
guys five dollars a day is like
twelve hundred dollars a year you know
when was last time your job gave you a
1200
bonus right so be thinking like that
think uh more long term and then think
also that you're gonna scale it up all
right my
websites that run google ads brought in
357
um when i sell links on these websites
that i run
uh i charge like 250 a pop so i made a
little bit more money than what's
recorded here but i don't know i don't
really want to like go through and try
to report all the stuff so
anyways just letting you guys know it
can still be lucrative to run your own
website depending on what niche it's in
if you're open to selling backlinks
that'll help other websites rank
separate story for a different day if
anybody's interested google search
engine optimization
all right page views 300 8 000 ad
impressions 1.2 million
and here you can see my google ads
dashboard
analytics showing you the daily
ad revenue over the last month here you
can see my google analytics data which
does not
track the ad revenue but it does track
like visitors and their behaviors
here you can see my youtube channel
reinhard passive income
and the uh profit analytics actually i
took a picture of the
month over month i did not do the day
over day which is what i typically do
anyways you can see that there were
months like march and february
where i brought in almost 6 000 in ad
revenue
in may that number dropped to 4485
i'm not sure why um but either way just
wanted to let you know
here you can see my reinhard investing
channel analytics
you can see it got monetized like in
around the middle of may actually
you can see the subscribers gained watch
time views etc
by the way sometimes i will talk about
some seemingly random things on there
but here's the thing if the youtube
algorithm is going to
push my videos out to more people guess
what i'm going to do i'm going to keep
talking about that subject
fun fact when i started this youtube
channel my plan was to talk about amazon
fba however when i talked about print on
demand
i was getting like way more views so
guess what i talk about on this channel
print on demand even though i still
would like to talk more about fba
all right so you can see here i gained 3
000 subscribers month over month thank
you to all the new subscribers by the
way and anybody watching this that isn't
subscribed if you want to push that
button it would seriously be appreciated
um it makes me you know happy to see
that number grow and get closer to the
elusive
100k when i hit 100k then i will
celebrate um
finally hitting a subscriber milestone
but i feel like until then i
it doesn't really bother me all right
let's see you got the
analytics here subscribers by video over
uh
over the month of may and you can
actually really drill down into these
analytics
in youtube something i'm guilty of not
doing enough of
because you can really see like what
video formats or what specific videos
are driving you the most growth and what
isn't working so
it's something i probably should pay
more attention to but anyways just so
you know in case you guys start a
youtube channel
that's all there in the analytics tab
then you click see more and they have a
ton of data for you
and this is from socialblade's live
subscriber count
70 hundred thank you to everybody i
really appreciate it all right back to
the top
let's bring it all together so
may 2021 total income
uh amazon fba 4297
of profit amazon merch 4 497 dollars a
profit
drop shipped print on demand 3 494
of profit amazon kdp 139 of profit
and google ads 4 hundred eighty nine
dollars of
profit for a grand total on the month of
seventeen thousand
three hundred nineteen dollars and forty
five cents
cha-ching yes play the cash register
sound it was a good month like i said
i'm excited to have my amazon fba
business back in gear and i anticipate
this number
right over my shoulder here i can't
highlight it but i'll point to it in the
green screen
i anticipate that number to go up by
let's just say minimum two thousand
dollars uh
by next month's income report and
hopefully more than that i'm also going
to experiment with
video ads i have run them before if you
guys missed it i did a video talking
about
how to do video mockups for amazon merch
products i will link to it right here in
case you missed it it's pretty
interesting
and i'm going to you know the amazon
merch product
margins aren't as high as the margins i
have for some of my fba products
so i'm going to experiment with some of
these
video ads because i've looked and i
don't see any of my competitors
using them in some of my niches so guess
what i'm gonna do i'm gonna be that guy
that
goes in there sets up the ads and puts
in minimum cpc bids which unfortunately
are set to 25 cents
i would have loved it if they were
cheaper but anyways 25 cents is fine
because i've got nice
profit margins built in that's assuming
that they actually convert which i'm
confident they will
anyways guys thank you for watching drop
me a comment below let me know what your
income goals are
for uh the back half of 2021 like where
where are you now where do you want to
be maybe you don't want to tell me where
you are now that's fine if you want to
keep that private but where do you want
to be
by the end of the year and how are you
going to get there hopefully me
sharing some of this with you gives you
a little bit of like a pathway
um like a realistic insight into how to
get
to wherever it is that you want to be in
the near future
anyways guys thank you again for
watching like subscribe and i will see
you tomorrow
[Music]
you