Today is 28th February 2018 – the last day of the month, which means it’s time to write a report about my first month on Merch by Amazon 🙂 you can read about my first 2 weeks and first sale here, in case you missed it.
1 month Merch by Amazon progress report:
- 10/10 possible designs uploaded
- 25 sales which equates to $124.30 profit (£90.12)
- 7 designs have failed to sell at all (at time of writing)
As you can see from the screenshot above, most of my sales came from one design, so a priority for the coming month(s) will certainly be diversifying my income through new uploads.
I’ve been using MerchInformer to find out what is selling on Amazon. There’s a 3 day free trial which allows you to see what’s selling quickly, shows you a list of best sellers for specific days, keyword finder, optimisation, product search, etc.
I did the free trial and cancelled, but I felt blind without it so signed up to the $9.99 monthly plan. It’s not absolutely necessary, but it saves me a hell of a lot of time from manually clicking around on Amazon. And of course, I made $124.30 profit so feel it’s justified. If you decide to use it yourself, you can use code PASSIVEOWL to get 20% off so it’s $7.99 rather than $9.99.
My strategy for the first month was:
- Max out my submission allowance by uploading 10 designs
- Get upgraded to T25 (the ability to upload 25 designs) as soon as possible
In terms of pricing, there was a lot of conflicting information.
Some people recommended pricing high, representing a ‘premium’ product, whereas others recommended pricing low to the point that they made $0 per sale.
As mentioned in my last post, new users are limited to 10 uploads – also known as T10 or Tier 10. Getting out of T10 is, in my opinion, more important than making maximum profit. I felt that chasing profit would be shortsighted – like trying to fill your glass using a dripping tap rather than focusing your efforts towards turning it on.
The opportunity to make significant passive income will become easier once you can upload a lot of designs rather than being restricted to 10. I therefore priced in the middle at $14.99, which I felt was low enough to make a decent amount of sales, but still gave me a bit of profit ($1.60). However, I accidentally left one of my designs at $19.99, which I’m actually quite pleased about because it has been my biggest seller!
When I logged in to my Merch account this morning (28th Feb), I discovered that I’d been tiered up to T25. YAY! I’ve already uploaded 2 more designs as per my new daily limit:
I met the critera to be upgraded (10 sales) after being on Merch for 2 weeks, but it took a further 2 weeks to get tiered up.
Since I’ve sold 25 shirts now, I’ve already met the criteria to be upgraded up to T100, so I shall wait and see what happens. It might take another 2 weeks or possibly even longer to get upgraded. In the meantime, I have 13 more designs to upload (2 per day).
Amazon Merch goals for March
- Tier up to T100 since I’ve already met the criteria
- Max out my submission allowance by uploading 25 designs
- Diversify sales by experimenting and creating more popular designs
Will report back at the end of March and let you know how it goes! In the meantime consider joining the Passive Owls FB group as there will certainly be more Merch discussion going on in there.
Full Disclosure: MerchInformer is an affiliate link, so if you’ve found my FB group, YouTube, or this blog helpful and want to support me, then I would appreciate it if you signed up via the link.