April 16, 2017 mjpeters1987@gmail.com

Monthly Income Report – March 2017

Monthly Income Report – March 2017

Hello everyone!

These Income Reports are becoming more and more important to me as it gives me a full day to reflect on how I am performing in different areas as I continue to grow and branch out online. I also get a chance to look at all the raw data. I also enjoy being able to share with all of you what is going on with business.

This month was pretty standard, most of my time was spent sick or getting reacclimated after getting back from my Thailand… bummer. However I was able to get a good amount of stuff done and have be doing some thrifting again!

Now let’s sum up the month:

Merch by Amazon – This has been pretty much on autopilot for me at this point. I create about 50-60 designs per month around certain holidays but other than that it has been mostly passive with old designs selling very well.

  1. Shopify Store –  Sales having been doing very well this month, I have been working on content marketing and have spent ZERO dollars on facebook ads and it has been producing an awesome amount of traffic for each post… I am trying to release one per week. I have also added 2 new products that have been researched over the past month that are doing really well so far!

 

  1. Store #2 is closed. I was really having a hard time doing both at once so i decided to close the store for the time being as it was taking too much time away from other aspects of my business.

 

My Current Numbers which I will update from month to month are as follows:

Shopify Store #1 STATS:

  • Facebook: 2149 +104
  • Instagram: 8758 +687
  • Email List: 491 +25

  1. eBay -Store is Open for business and I have been thrifting and listing again. Sales were decent the last month and I am looking to see growth month over month going into the summer. My sourcing strategy has changed dramatically as I am only sourcing from the outlets going into the future. This is going to help keep my costs down much lower than in the past for acquiring clothing and I will keep you posted with a dashboard screenshot and on youtube with sales!

 

  1. Pinterest – has been a huge factor of getting noticed this I have been spending more time working on pins and writing new content for the blog and it is really paying off. You can read my Tops Tips on how to get more Pinterest followers and how I grew my account to over 6000 followers in 6 months here

 

Shopify & eBay Gross Sales-  $3947.63

Shipping Income- $476.76

Merch by Amazon– $4525.43  — This is paid out for the previous month.

Redbubble Shirt Sales: $34.19

Adsense-  $160.37

Amazon Affiliates– $21.01

Bluehost Affiliates: $130.00

Udemy: $498.90  – Payout is always from 2 month prior

Skill Share: $0 Free Promotion for a month

Returns-  -$34.36

Fiver-  $0

Total=  $9750.93

Expenses

Cost of Goods Purchased- $176.72  

Advertising-   $449 (Charged from previous months adspend)

Amazon Fees – $288.52

eBay Fees- $192.97

Shipping Costs-$416.79

Paypal Fees- $80.78

Office Supplies-$138.18  (See what I use for supplies here!)

Shopify Expenses (Fulfillment Fees): $1955.90

Total=$3698.86

Net profit for the month of March 2016 : $ 6052.07

Social Media Growth

The growth that I have being seeing across all social media accounts it simply amazing, it lets me know that the content I have been putting out there is helping others and that all of you want me to keep putting it out there and I really appreciate the support. Pinterest has been great for traffic and I know there are new people finding me everyday because of it and that is really awesome to hear there a people finding out about my YouTube channel from all of these different places.

Thank you so much to everyone who is following me !!!!!

Social Media Growth Update:

Email list: 398

Youtube:  4033

Facebook: 862

Pinterest: 11,886  This is growing so fast!! Read about how I am growing my Pinterest Account by 1000 followers per month here!

Twitter:  445

Instagram:  3570

Periscope: 405

Thank you for taking the time to read my journey and follow me along the way. If you have any comments or suggestions please feel free to leave them below or find me over on Facebook!

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