hey what's up guys happy first day of
december you know what the first of the
month is always like the busiest day of
the month for me or almost always uh
today in addition to doing my income
report you know i always log my like
personal finances to keep track of my
net worth to the best of my ability on
the first of each month just out of
habit it also helps keep things in
perspective and see what's working
what's not working etc um i also like
went on a cleaning spree today in my
room because every now and then you
gotta like look at the top of your
computer monitor and realize dust is
collecting up there and wipe it down so
if you haven't done that in a while oh
that's my challenge to you why not today
but anyways in this video i'm going to
share with you my income for the month
of november from various complementary
passive income streams that include
print on demand amazon fba amazon merch
amazon kdp and google adsense so let's
get started
[Music]
quick reminder take advantage of the
free weekly print on demand giveaway
you'll find a link at the top of the
description two winners will be randomly
selected and announced this upcoming
sunday and you'll receive a license to
flying research automate pod all
american graphics and bubble scout also
in the description i've got some free
mini courses that i wrote i spent a lot
of time writing them i've got great
feedback on them completely free use the
link in the description if you want to
start your ecommerce businesses if
you're feeling inspired by seeing my
numbers
also i've got some great facebook
communities if you would like to join
i'd love to have you there all right
let's get to this income report all
right let's start with amazon fba i did
1350
sales on the month bringing in 30 868
dollars of revenue i got to keep 8
387
of that as profit for a margin of 27
uh one of the benefits of having
established products is that i don't
have to like overspend on ads to get
them that initial rank
and as a result i enjoy some pretty nice
pretty healthy uh profit margins because
i mean if you're just starting amazon
fba and you're you know you're not going
to expect to see 27 profit margin and
this is also bubbling up like all the
products that i'm selling into one
number which isn't the best way of doing
it since each product is really kind of
their own uh or maybe let's just say
split it by brands at least because you
can launch a new product inside of a
brand and
kind of get it some additional
visibility that you wouldn't otherwise
be able to do
if it wasn't for the brand recognition
so
this is from jungle scout sales
analytics kind of my revenue uh day by
day over the month of november
and one thing that sucks about this
uh month really december is that i just
spoke to my lawyer he's an amazon fba
lawyer i'm trying to get him on the
channel just so i can put his contact
info out there in case anybody needs one
in the future because i've done some of
that i've done stuff like that in the
past uh and like it might just be like a
little one-off thing where i mention
like an amazon agency that i work with
or something like that and it's like
they actually see a positive result from
it so i want to help everybody based on
my experiences um this guy is he's not
you know he's a lawyer but he
specializes in e-commerce and with
amazon sellers specifically
and i've mentioned this story i feel
like i bring it up once a month when i
do the income reports but uh my
best-selling brand unfortunately
was dominating amazon for years
and
the number one retailer of the products
that i was selling decides to jump on
amazon
and next thing you know they're
threatening to sue me for
just it doesn't even doesn't matter i
don't think they have much of a case but
it doesn't matter because if they do sue
me it's going to cost me a ton of money
and
this products is a function of what they
make
i don't know if it's worth going to
court i talked through it with my lawyer
and he honestly like we went through the
numbers i think it's probably best just
to let it go so that's the plan i'm
letting it go
um liquidating what i've got left which
is not much
and i kind of knew that it was going to
be my last order of this product
so it is what it is it's bittersweet i
guess there's nothing sweet about it
it's just bitter i'd be lying if i said
it was bittersweet but um so my numbers
next month will not be
that great um you know in december you
know what i mean what you're seeing in
november is uh most of the month i kept
the best selling skus in that brand
stocked but as they sold out
you can kind of see it here in the chart
behind me you can see the number to kind
of declining because it's like the best
selling skus kind of sell out first then
the next best seller then the next best
seller and i'm just letting the
inventory run out and then that's it so
rip best-selling brand maybe one day
i'll tell you what i was selling and we
can laugh about it because it is one of
these products that like
people actually like joke about people
selling them on amazon and every time i
hear people reference them i'm like no
no keep that a secret you know uh it's
it's a funny product
uh as far as ad spent went my ad spend
was down month over month by 184 dollars
so i only spent 400 bucks on ads not bad
generated 104 orders
just under three thousand dollars in
sales um acos average cost of sale or
advertising cost to sale 13.4 percent
all right let's move on to amazon merch
i did 1854
sales
did 38 208 dollars in revenue my ad
spend to generate that was 1 578
so definitely more ad spend than normal
uh in the previous income reports i did
not show the ad spend but i found a way
to just work it in uh this time so that
you could actually see the number pretty
much i was spending right around the
thousand dollars a month mark
uh this month it was a little bit higher
because of the increased traffic to
amazon's platform especially towards the
back end of november
so they found a way to kind of use up my
budgets when i didn't think that would
ever happen uh as on my like lowball
campaigns especially you know what i
mean where it's like the bids are so low
yet they're finding a way to like
actually spend it so amazon just gets
crazy traffic guys we all we all know
that that's why we love amazon um so the
royalty that i got to keep after
deducting the ad spend was so this is
the profit right here
5843.77 on the month average royalty
four dollars looking at the
international market breakdown well u.s
market i did 6 284 in royalties uh uk
and that's by the way the u.s market is
the only one that i advertise on so
you'd have to deduct the 1578 dollars
from the u.s market sales right there
i'm gonna eventually run ads on the
international markets i just need to
find time to like get them launched um
time is you know i'm a one-man show i
know a lot of people think i have a team
it's just me i edit the videos record i
do everything else run the businesses
etc so at some point i'm gonna find time
i don't like to lose sleep over it but i
may have to one night uh anyways
royalties uh uk i did 373 pound sterling
germany 174 euro france 52 euro italy
140 euro spain 102 euro and japan uh
twelve thousand five hundred eight yen
it's yen right yeah it's yen um here is
on the website you can find it i'll put
a link to my uh blog post where i
outline everything
uh that i have in the background here in
the description so you can check that
out but um you can find a breakdown of
my best-selling listings looks like my
best seller did 30 sales
followed by 27 followed by 23 followed
by 19. and i think my second best seller
if i actually look at it
may be one of my like designs i'm just
looking at the blur and i think i
recognize the blur which is crazy
but i think that may have been from like
2017 like yup it is yeah
it's a hoodie from
2017
and apparently it's doing pretty darn
well and it's completely original design
too
four and a half stars uh the hoodies
priced at 39.99 by the way so nice
healthy royalty from each sale there
helping pump up those numbers
uh and here's a picture of my ad spend
so i spent 1 578 dollars in my merch by
amazon advertising console to generate
490 orders that equated to 9146 dollars
in revenue in my acos
17.25 percent uh analytics here
breakdown of all the different markets
typically us is dominant so it kind of
skews everything breakdown by product
type 80 standard t-shirts seven percent
hoodies followed by three percent
premium t-shirts check out this though
you see that up there two percent throw
pillow
so
my number four spot in my number five
spot were throw pillows and pop sockets
so
ever since amazon made that change in
2021 where
instead of counting one product as one
product they count one design
against your tier and then let you push
to all the products and given that i'm
in tier 200 000 with 10 000 um
pushes a day products a day i guess you
could say
i do push every design to all products
on all marketplaces so i get some pretty
interesting data here so it's i did
notice a lot of throw pillows were
selling recently i sold 39 of them in
the month of november so maybe that's
like a big thing for gift giving season
breakdown by fit type 55 men 25 women 11
unisex five percent kids color breakdown
50 black seven percent heather gray
seven percent navy blue six percent
royal blue four percent white et cetera
and here you can see my upload progress
looks like i have just under 160 000
published designs no i don't think all
of them are like actively being
circulated on amazon's catalog i think
some of the like unsuccessful ones that
maybe got some impressions and maybe
even clicks but didn't convert i think
are pretty much just like buried and
considered dead and eventually will be
pulled off
by the you know 365 day timer uh but my
product potential here that's from you
know every day basically just trying to
max out the amount of uploads that they
give me so 1.3
million or 1 million 384 000 uh products
out of the 13.2 million possible
all right drop ship print on demand this
is my non-amazon merch print on demand
sales i did 746 sales bringing in
one hundred one dollars and fifty two
cents of profit
amazon.amazon.com my seller central
account led the way with 545 sales
amazon.com uk three sales ebay 29 sales
etsy uh zero but you know me and my
girlfriend what we've been doing is like
working on creating batch style designs
together
i upload them you know to the platforms
i sell on and then honestly i've been
like since she's a lower tier on merch
by amazon we both push them to merch i
price mine like two dollars higher than
hers so that if you know the algorithm
shows hers first customers will be
incentivized to buy from her not me
because she needs the sales more to get
you know continue to get teared up she's
in tier 1000 uh but she's also like
pushing them to etsy and she's been
seeing a lot of sales on etsy with the
designs that we've been working on
together whereas like i'm seeing them
kind of slow although i'm charging a lot
you know what i mean if i sell a
standard t-shirt i'm charging 21.99 so
you can go to etsy shop get it for 19.99
um redbubble 137 sales spread shirts six
sales
zazzle 26 sales zazzle i was actually
surprised when i was i'm going back
through my email that's how i track my
zazzle sales i just go to my email type
in zazzle and kind of go and count the
sales and then add up the the money but
zazzle was pretty impressive there
um scrolling down i think i have a well
you can see my printful specific sales
on amazon.com by the way if you follow
me on instagram i post them every day
uh amazon.com.uk ebay and i pause it
real quick to edit in my zazzle and
spreadshirt sales so amazon.com brought
in
3150 of profit ebay 435 dollars profit
redbubble 397 amazon.co dot uk 30
zazzle 55 and spreadshirt 31 profit and
ultimately printful uh i earned a gold
volume discount of eight percent that'll
be applied towards my december sales so
it's gonna be a big december um one
thing that i don't do is i don't factor
in my previous
printful volume discount into my like
amazon.com numbers so it's actually a
little bit higher i believe i had a
seven percent volume discount if i'm not
mistaken it might have been eight
percent coming out of october it's
probably eight percent uh so either way
it's a little bit higher it's always
nice that printful does that they're
incentivizing us to be successful
because they're only successful when
we're successful so one of the things i
like about printful
amazon kdp
looks like i messed up the sales but the
sales
were 107
sales for amazon kdp 191.91
of profit average royalty 1.79 per sale
uh you can actually see
the number of sales here i actually like
manually counted them because i don't
know about you guys but my kdp reports
screen like errors out on half of the
screens and i think even though it's
been well over a year they still say
it's in beta um so i'm hoping that
they'll fix that at some point um either
way 191.91
of profit was generated on 107 sales
with an average royalty of 1.79 per
paperback book amazon.com brought in 124
profit amazon.com uk 43.
amazon canada 21
and germany 3.22 cents the cool thing
about kdp guys it pushes your books to
all the amazon international
marketplaces so mass appeal lots of
exposure
all right let's go down to google ads
earnings on the month 4323.99
uh youtube total for my two channels
four thousand two hundred thirty two
dollars
my website that i made ten years ago
ninety one dollars ninety five cents
profit from running ads also some you
know one-on-one deals getting a little
bit extra money there more money than
ads bring in
page views 380 thousand ad impressions
459 000. here you can see a screenshot
of my google adsense dashboard for the
website that i reference and i've got my
google analytics there for it
okay if anybody cares i don't really
have that much time a day to give it um
at the end of each year though i
typically do some posts like recapping
the year and i feel bad because like the
last two years i haven't even had time
to do those and
what's funny is quick side story if
anybody cares otherwise skip forward
like 10 seconds but i have a friend in
real life who didn't know i ran the
website but his friends always used my
website and then one day he drew the
connection he's like dude that's your
website what and he's like my friends
are like why did he stop posting the the
end-of-year
you know mixes basically and so
there now he's on my ass to get the end
of your stuff done each year and um yeah
anyways so here we go youtube revenue
this is my primary channel uh reinhard
passive income the one you guys are
watching now thank you appreciate that
uh four thousand one hundred fourteen
dollars 62 cents of revenue uh my second
channel that i just kind of do for fun
uh ryan hogue investing brought in 128
dollars and 50 cents in the month of
november
uh subscribers gained on the primary
channel 2100 thank you to all the new
subscribers i really do appreciate that
um socialblade is a website you can use
to like track your social media stuff
like that so i use it to track my
youtube and i have 86 200 subscribers as
of recording this and i do really
appreciate everybody that subscribed to
the channel thank you so much and as i
scroll back to the top to do a quick
recap of everything if you haven't
already and you want to hit that like
button that would be really appreciated
and if you want to subscribe too i'd
appreciate that
all right so november 2021 here is my
final breakdown of my earnings
amazon fba 8 387 dollars profit amazon
merch 7 421 profit uh google ads 4
dollars profit drop shipped print on
demand four thousand one hundred one
dollars profit and amazon kdp 191
dollars profit
and if anybody's wondering what i do
with this money
pretty much gonna invest a lot of it um
a lot of it into bitcoin uh right now
i'm feeling very bullish on bitcoin this
doesn't mean it's gonna go up in a
straight line guys but um i do listen to
a lot of like financial stuff uh while i
work and i'm feeling i'm feeling good
about bitcoin right now if anybody's
wondering i think bitcoin's a good
investment one year ago in november i
dropped a video talking about bitcoin
being very bullish on it and it was good
to me and good to everybody else that
followed the advice and i'm feeling that
way again right now in case anybody was
wondering um all right anyways the
aggregate total of
income in the month of november was
twenty four thousand four hundred twenty
six dollars and forty eight cents of
profit
yes good month q4 sales rush finally
feels like it's here i hope everybody
else is seeing an uptick in their sales
especially this past weekend with black
friday cyber monday et cetera let's
carry that momentum into the end of the
year until amazon starts tagging our
listings with red text that says arrives
after christmas that's kind of like the
kiss of death to your um your holiday
sales although some people still will
buy and roll the dice and hope that it
gets there a little early anyways guys
thank you so much for watching please
enjoy the rest of your day and i'll see
you soon
you