New Year, New Look! I have revamped the look of these monthly income reports. The juicy bits (income) are here at the top. Further down you can find other data that we track to get a holistic view of our business.
We ended 2018 with a bang recording our highest monthly income yet! January on the other hand started with a fizzle.
We have been so busy with in-person events that we haven’t focused on the business. We started out the month with the 7-day Xscapers Annual Bash.
We then headed out to the desert to boondock (successfully) for the first time with some friends for two weeks. Then we prepared to head back to California to begin to catch up with family and friends. for the next few weeks.
Total January Revenue
This is a round-up of all income earned from our travel brand. This includes our blog, YouTube channel, product sales, and social media accounts.
Youtube Ad Revenue
Sponsorship Revenue
Amazon Affiliate Revenue
Other Affiliate Revenue
Product Revenue
Did you know…
Before selling travel products
Since we hit the road though, we have moved more and more of our time and effort into content creation and away from our product. The product just doesn’t fit our travel brand and isn’t where we wanted our future to go since it requires a little too much logistics to receive our product from our manufacturer.
The great news is that there is still a way to make money on Amazon FBA that doesn’t require the complex logistics of creating your own product!
It’s called Retail Arbitrage and can easily be done in
Buy Local Product
Amazon prices can be higher than local prices. Check the price of local items against their price on Amazon. Start with the clearance section.
Ship to Amazon
Package the product to Amazon’s specifications and send to the local fulfillment center. Set your sales price on Amazon.
Profit
Amazon will show your product as “Prime” and ship it 2-day to your customer. Once your product sells, they will deposit the money into your account.
While the concept is simple, there are many nuances and techniques to make sure that you make the most money that you can on every purchase. You need to know how to identify a fast selling product or one that might be temporarily selling for more on Amazon but could drop its price in a few days.
