My Amazon FBA PROFITS Revealed! | Amazon FBA 2022 Income Report
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- Опубликовано: 23 авг 2024
- When searching for Amazon FBA on RUclips, you can almost guarantee that you’ll have come across hundreds of videos from people claiming to have made millions selling on Amazon... but what they are often talking about is REVENUE, not PROFIT.
My business has gone through quite a bit of growth since the last Amazon FBA update I did, so I thought it was time for an Amazon update. Rather than just talking about revenue though... I talk about PROFIT!
The tool that I use to calculate my Amazon FBA profit every day & month is Shopkeeper - you can get a 30 day trial here: www.bit.ly/shopkeeper2
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Killin it! One of the few sharing actual results keep it up Mr Smith!
Thank you Mr Entrepreneur
Great to see an honest breakdown Janson. Enjoying your content. We spoke on FB a few months back re: my product reinstatement, which was finally a success after much patience! All the best, Thomas.
Thanks mate, glad to hear you got your listing back!
That was a really good video , u went through it and explained everything very well. Thank you. I subscribed
Great video thank you
Most people also forget abt taxes
Thank you so much for the informative video
Thanks for the video and congratulations for the profits. The only unsettling point of it all was you had to invest about 100000 pounds to eventually generate a profit of 43000 pounds. Unfortunately, most people don't have the luxury of putting even 10% of 100000 pounds as a starting capital. Thanks for breaking all things down so clearly. Makes me feel that Amazon FBA is a very expensive SIDE BUSINESS to start with in the first place.
I actually started with £3500, just kept reinvesting. Not sure where you got the £100k from, but you don’t need anywhere near that.
@@JansonSmith I was referring to the expenses you discussed in the video. Anyhow, thanks for the detailed breakdown in the video. Very well documented and articulated.
@@mrtechstawk some of the expenses were a product from his sales. So, if you sold half of what he did, your expenses would follow in suit.
This guys clearly doing private label. Which is the most expensive barrier to entry. They should clarify what type of business they’re operating when showing/sharing their Amazon expenses & profits.
Great result, Janson, nice one, and thanks for sharing :)
Thanks 😊
Thank you for your honest share . My margin flactuates between 15 % to 22% . I though i am doing really bad but when i seen your results i understand that i will have to invest in more products in order to make more profit
Is this after ads? If so, that’s good!
Superb video Janson, thanks for revealing your honest figures in a thorough breakdown. Although, I was just wondering what about accountancy fees? I don't think they were included.
Thanks Paul. My fees are around £80 a month 😀
@@JansonSmith No worries Janson. That's good to know, who do you use for your accounting? I'm currently looking for a decent accountant that doesn't charge the earth and knows the e-com business to possibly take over my books.
@@paulbarker54 I use Rethink Accountancy. You can also check out Osome, they provide lots for a decent rate www.bit.ly/osome100
Your expenses were only so high because of how much you make correct? Lets say I make around $10k. Would I profit around $1k - $2k? How long did it take you get here and how much did you have to spend to start?
You should look to make 35%+ roi, usually more 50-80%.
Hi Janson, Very insightful video, Thank you! What would you say a general monthly ROI would look like across all your products? Cheers!
Great video Janson, I wanted to ask about your profit calculator. Is the acos part relating to the acos of my ad campaigns?
Thanks! Yes that’s right
Really good vid man how much do you pay yourself from the 43k profit
Thanks for the video, Janson. Can I ask how long does it take to make profit selling on Amazon sorry if that’s too vague.
Great video ? Can you tell us more about this “advertising company” you hired to do your ads? Please and thank you
Great Video, how many products did you have in your store?
Around 20!
Thanks you for sharing. My Amazon business turned over AUD$1.5 million last Australian financial year (July 1st 2021 to June 30th 2022) and i made a profit of AUD$200.000 which i'm very happy with considering there was some regulatory fees of AUD$150,000 because my main products are Class1 medical devices and is paid for now. You mention that you out sourced your PPC management to a company. Was this company any good because ive used a few now that haven't proven viable. If so can you recommend them?
Are you Australia only? How’s the market there? Sure if you drop me an email I can hook you up. Info@jansonsmith.com
Hi Janson
Can I contact you for more tutoring and guidance via email
Thank you for such a detailed honest look into your business. Could you tell me how many SKU's you now have?
Thanks! I’m around 25 now I think!
How can I receive my income from Amazon book (kdp) by PayPal or others ? Because my country don't accept Payoneer and check ,please help me
Quick important question
Based on your profit over 3 months, how much did you start with?
I startws with £3,500 - you can see my journey on the home page of my RUclips channel
What niche are you in?
thats private label?
That's impressive, but, would be interested to know the total cash needed for stock that Amazon are holding for you and also how much have you got invested in stock from suppliers that you have had to order/pay for which is on its' way to Amazon? I would imagine with that high turnover total cash needed is very high??
Indeed, I’ve always reinvested profits since I started in 2018. Growing an asset that I intend to eventually sell,
Wait. Are the products free? Where is the cost for buying stock? Suppose I've missed something here.
7:40
Would be happy for 10k a month!
What products do you sell?
Electronics and beauty
@@JansonSmith thanks for the info dude, very helpful. Starting FBA this year and have a ton of ideas having worked in retail for 20 years on good products, but always good to hear what works.
Liked and subbed too 😬👍
how did you find out the totals for fba fees and referral fees?
Shopkeeper :)
Not bad!
He didnt show anything, all these comments are bots
What did you want me to show exactly? Me in a pool of money lol?
what about income tax?
I don’t take anything out the business so it’s nil!
You say you do Amazon on your spare time, what does that look like? 10-20hours a week?
Around 3-4 hours a week
@@JansonSmith that’s wild! I’d imagine you out more time when you were first getting it going right?
Currently copywriting but once I start to leverage this out I’m looking to add another revenue stream.
@@Davidachavez yeh when you first start you will definitely do more than that, like 8-15 hours upfront
Are you based in the uk or usa?
Uk
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Will you mentor ?
How long did you do your own prep for initially and how much does your prep centre costs take from your current profit? I'm new to amazon wholesale, currently doing around £8k pm doing prep myself with around about 26% ROI / profit after all expenses.. really want to get to about £2k prof + p/m without hitting the £85k threshold, is this possible. Thanks @JansonSmith
I don’t do any prep cos I do private label, supplier does it all for me. Are you looking at PL too?
@@JansonSmith ah no, im sticking with wholesale