fbpx

[TML] My 2023 Amazon Sale Stats

2 min read

This is a repost of a previous Tiny Marketing Lab Newsletter. If you haven’t been receiving my email newsletter, you can subscribe here.

Hello,

Thank you all for your replies to my last email.

Your messages really warmed my heart and gave me so much inspiration to keep sharing.

I was truly touched by your support. I replied to many of you already, but I still have more to answer. I’ll try to respond within 1-2 days. Thank you for your patience.

Now, let’s get back to where we left off.

I didn’t update my Amazon Monthly sales for November and December, which I usually did every month last year.

Here’s a snapshot:

I forgot to capture the screenshot on Dec 31, so this was taken on Dec 28. I made around $172,000 last year from Amazon.

After deducting expenses, my profits were around $43,000.

Not too bad for a one-person business, right? And I only spent a few minutes a day managing it.

The good news is, this was a 64% increase from 2022.

I could have made even more if I had spent more money on ads and sent more inventory to

FBA. But I didn’t do as much last Q4 compared to 2022. I’ll explain why later.

Sales are still going strong this year. A few days ago, I sold many coffee mugs.

Here’s the sale stats:

No money spent on ads, and around $60 in profits.

So for those who think POD is dead…just ignore them.

I’m too lazy to explain. I’ll just follow the recommendations from most of you guys in the previous email lol

This year, I’ll focus more on FBM (Fulfilled by Merchant) since I found it works better for me. I’ll send less FBA inventory and spend less on ads.

I’ll explain the reasons why and what I’ll do with my FBM products in the next email.

That’s all for now.

POD is not dead yet in 2024.

Talk soon,

​—Bank K.

P.S. Those who have many winning products in untapped micro niches will make consistent sales this year.

Leave a Comment