Amazon
Gross Sales: $18,028.72
Profit: $7,974.12
Refunds ($395.69)
Reimbursements 287.59
TOTAL $7,866.02
Affiliate Earnings
Clickbank etc…: $720.13
Banked: USD $8,586.15
Still on holiday on the beach in Cyprus while Amazon makes money for me.
Well, even though I was sitting on a beach for all of August my Amazon earnings still increased. I hardly did any work at all. I basically only checked in on things to check stock levels and seller messages. I think the continued increase is mainly due to my products getting more reviews and my seller rating which is still at 100%. With this type of increase it’s time to get back to work and really work this system to its full potential!
Reviews
My top product now has 81 reviews. From a total of 23 SKU’s (individual listings) I have 438 reviews total. I can definitely work on increasing this and now that I’m back at work this will become part of my daily tasks. I will start going through the Amazon reviewers list from 1000 down now. I have already catalogued the top 1000 list already.
Seller Feedback
100% Positive!
I reached a milestone this month; 200 seller reviews! I’m up to 219 now and ALL positive so far. I do get a few negative ones, but they’re mainly product criticisms or to do with shipping. If you create a new case with Amazon they remove these pretty quickly.
Duplicate Products
This month I had someone try and sell their own version of my product on MY listing. Now, I’ve had a few of these before and I have a sternly worded template which I fire out which usually does the job and gets them to take their products down. However, this time they didn’t. What is worse is that they were getting the buy box because of their price. I sent a final warning follow up email, but they didn’t acknowledge it. I created a case with Amazon support but they didn’t act and told me I had to follow this procedure:
1. File a violation on this link: http://www.amazon.com/gp/help/reports/contact-us
2. You have actually buy their product and take photos of it to prove it is not the same.
3. Include all of the usual ASIN and info. Give a brief descrition of why the product is different etc…
I did all this stuff (all the while losing sales as their crap product was selling on my listing) and pretty much straight away their products were gone. Now, I’m not sure what happened to them in terms of reprimands, but I do think Amazon would take this sort of counterfeit selling seriously. I’m sure it would also be noted and recorded against their seller account.
I checked this morning and I have another 2 sellers trying to sell on another lsiting of mine. I’ve sent them the second email, without reply, and now have now progressed to purchasing the product. I’m going to file the same report for these guys too. Too bad as they both seem new. Howevr, I did give them fair warning.
New Products
I have already started getting my agent looking for sources for my new product lines. I have 3-4 new products I’m trying to find a manufacturer for. Shouldn’t be too difficult. Just have to make a always get samples and do my due diligence.
Goals
While on holiday I saw a product on Clickbank where the guys were working the Amazon business and one of them was doing over $500,000.00 in PROFIT per month. This really made me think what is possible with this and expanded my thinking about the potential here. Now half a million a month is incredible, but with the right systems to scale this business up, I can see no reason why I shoudn’t be able to do something similar.
Time to think big!
