This is a series of reports that I will post each and every month summarising my progress. I’ll first mention the major events that may have happened within the month that could have made a difference in my earnings. I will also break down the sources of my income so that I can keep track of how each one is doing. Lastly, I’ll conclude with the most important things that I learned and what I have planned for the near future. I’d love to respond to any questions or comments that you may have. Thanks!
Important Goings On In December
Here are the import goings on this month:
No Laptop Again
You’ll recall a few months ago I told you about me having no laptop for 2 weeks when my Macbook died and Amazon failed to deliver the new laptop I’d purchased from them. We my new laptop developed a fault with the LCD screen so it had to go back to scan.co.uk where I bought it to be repaired. I was told it would take 3-5 working days. Then I got an email saying it would need to go back to the manufacturer to be repaired. This pissed me off because the guy I spoke to said the LCD screen could be replaced in house. I took the laptop in on the 1st December and only got it back on the 30th December. Suffice to say not having my laptop on the busiest month of the year income wise really hampered me trying to make as much money as possible. But as you’ll see below I still did OK all things considered.
How Do I Make My Money Online?
The majority of the money I make online comes from Kindle Publishing. Some income also comes from Createspace, ACX and a small amount comes from selling print on demand T-shirts on sites like Merch By Amazon, Redbubble and Teespring. Plus some small affiliate earnings.
This is my total from Kindle taken from the Book Report dashboard plugin for Kindle. It adds everything up into one nice figure.
Total from Kindle Publishing account 1 – $692.15 (£512.82)
Total from Kindle Publishing account 2 – $335.28 (£248.41)
Createspace account 1
Createspace account 2
ACX account 1
Sold 55 audiobooks (2 bounties)
Total from ACX 1 – $187.80 (£138.50)
ACX account 2
Sold 10 audiobooks (0 bounties)
Total from ACX 2 – $20 (£14.75)
Note: This is an approximation as I do not know the exact amount until later on this month (20th). So I’ve made an approximation based on what I have been paid in the past.
Merch By Amazon (Redbubble, Teespring, etc)
Merch By Amazon – $58.80 (£43.57).
Total from RedBubble – $69.87 (£51.53).
Total from Teepublic – $81 (£60.01).
Total from Teespring – $14.80 (£10.91).
Total from Zazzle – $0 (£0).
Affiliate Income – $0 (£0).
Shopify/E-Commerce/Dropshipping Income – $563.13 (£415.21).
Total for December 2017
As you can see I ended up not doing too badly considering I had no laptop and had to go down to my mum’s to use her computer to process any dropshipping orders. I do think I could have easily got over the £5,000 barrier if I’d just been able to have my laptop to set up more Facebook ads and send out email promotions using Mailchimp.
I’m most happy with the progress I made with Shopify, I can really see me being able to grow that quickly using Instagram shout outs and Facebook ads to grow that business to £3,000+ per month really quickly. I’m looking at getting some coaching from another Dropshipper/Shopify expert in January so that should help me to grow my business quickly.
If you have any question please ask them below.
Thanks for reading. cheers!