Side Hustle Update – $16,393 in Sales. $2,748 in Profit
August was another solid month for my Amazon FBA business. Everything is humming along nicely and there haven’t been too many changes. I’ve decided to go back to the basics which is just launching more products. I’ve got 3 new products launching this month. I expect them to add around $5k per month in sales and keep a 20% margin so if it all pans out I’ll add about $1k per month in profit. Here’s what the profit screenshot looks like from Fetcher.
My other projects I’ve talked about in the past, mainly my two niche websites, are not performing very well. They’re making about $30 per month but the amount of time and effort I’d need to put into them to get them to 10x is probably 50-100 hours. If I spend that same amount of time on my Amazon business I could add $5,000-$10,000 in sales so I’ve chosen to direct all my attention towards launching new products on Amazon.
Want to Start Selling on Amazon?
I’ve had a few people contact me about selling on Amazon and I’ve answered a few questions over on a reddit threat that got a lot of questions. If ANYONE is interested in selling on Amazon, shoot me an email. If you’re serious, I’ll help you with every step of the process. I’d love to mentor some people and help them start their own side hustles. It’s way easier than it seems and especially with the help of someone who has done it before.
My email is firstname.lastname@example.org. Don’t wait! In less than a month you could have your own product selling on Amazon, bringing in thousands per month.