NP 62: April Income Report and Thinking Big with Amazon Physical Products

Published: May 20, 2015, 7:08 p.m.

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Perrin and I are excited to bring you the income reports for the authority site and my amazon product.

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We also discuss a pivot I am making in my business based on these numbers.

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The details of these income reports can be found in this blog post from last week.

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Here\'s a quick rundown of what we discuss on the podcast today:

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Last month our authority site brought in $912.70, mostly from Kindle books, and some Adsense revenue.

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However, at this point we\\u2019re facing a bit of a reality check: we\\u2019re now 10 months in to this project, and the traffic is not growing like we had hoped.

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Currently we\\u2019re spending $3,000-4,000 per month on content creation and marketing. Over the past several months we\\u2019ve spent $15,000-20,000 and only realized $7,000 revenue.

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On the other hand, my Amazon product launched March 28 and saw revenues of $4,400 in the first 30 days. This started as a very casual side project, but we sold out of the first batch of 105 units in 40 days for an initial revenue of $6,000.

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Looking forward we\\u2019re planning to increase profit margins through lower freight costs and lower price per unit due to economies of scale with our manufacturer.

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The difference in momentum between these two projects is allowing for a pretty clear decision in our business focus.

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