September is here and Q4 is around the corner (I hope) So time for the August Income Report.
Amazon was slow again and did less than the privies month, both in items sold an dollar amount. More bread and butter books and games sold rather than home run items. Im still feeding the beast and hoping for a great 4th quarter.
This is a screen capture showing that with only $119.93 (less than last month again) of goods purchased (only 61 units this month) they were sold on Amazon for $1,644.78 with Amazon taking their cut of $369.23 I was paid $1,275.55. So after cost of good is taken out I had a gross profit of $1,155.62. Return On Investment went up again to 963.6% from 533.8% last month. Source items from thrift and garage sales instead of retail has helped quite a bit (and lowered stress) even got in a few estate sales.
Ebay went up quite a bit as I source more with ebay in mind now as well as Amazon. The eBay report even includes some sales from Bonanza. Cost of goods was $110.04 and got paid $1690.68 which after fees and shipping costs I netted $1,303.23, Return on investment of 1184.3%.
Better returns than Amazon but a lot more work as I have to ship everything myself and store it at home. Even out did my Amazon sales this month.
Adsense balance was at $143 for August so got paid 🙂 My adsense comes from website ads (even from this site) as well as youtube channels
Goals and Look Ahead
So lets take a look at all the streams I have besides the photo studio.
Online sales: $2,966.23
Merchant Accounts: $304.99
So if I take all my secondary streams I meet my goal of $3.2k, but I believe I stated my goal was just for online selling so kinda missed. With trends I most likely will not get an adsense payment this month and the merchant account payment was higher than historical, but I am hoping for Amazon and eBay to pick up some steam. Im going to be conservation and keep Septembers goal for all secondary income at $4k and push for the studio to do at least $4k as well, that showed keep the stress off for the month.
Still need to look closely at wholesale and online sourcing just in case thrifting doesn’t improve. Just haven’t got around to it yet.
So what about you, what are your goals for Sept? How did you do in Aug?