Just an observation that people new to POD and passive income tend to think they aren’t good enough. This video isn’t intended as motivational platitude – if you’re reading this then I’m talking to you: you are good enough! Well, maybe not you Steve, but everyone else.
Unless you’re totally lacking the ability to think critically and take on board the information I’ve already provided then I’m confident you’ll be able to make sales. Don’t make the mistake of dismissing your original ideas as not good enough just because they haven’t been validated yet. It could be exactly what the market wants.
People keep asking me to make a video about POD profits and taxes, so here it is. There is so much that I haven’t covered. Tax is a very intricate, complex, and boring subject. Your situation may not be the same as mine so do your research. Timecode for non-Brits: 6:37 – it goes British again from 14:00.
### Undeclared income – good info from HMRC:
TL;DW: # Over £2500 profit – Register for Self Assessment – see link above # Under £2500 profit – Report to HMRC manually – see link above
In terms of foreign income tax, you only list this on self assessment if you’ve already paid tax to a foreign country. HMRC will deduct the equivalent in GBP from your UK tax bill. If you use Redbubble and you’re from the UK, then you wont be paying tax to Australia/the US, so it’s not necessary to fill in that field. Your circumstances might be different to mine, so do your own research, of course.
MerchInformer: https://merchinformer.com/363.html – get 20% off with code PASSIVEOWL
There’s a free 3 day trial. The basic version costs $9.99 per month. I made $124.30 profit within my first month on the site, so just shows it pays for itself. Here’s another quick video about Merch by Amazon and how I use MerchInformer to make money.
00:00 – One weird trick to find identify suitable niches despite oversaturation – Doctors hate me!!1!1
03:00 – The new “Trend Hunter” module
04:35 – MerchDesigner
My old Merch video is here – “$6,000 on 1 shirt?! How I use MerchInformer for Merch by Amazon” – https://www.youtube.com/watch?v=sBg92VWbrRU
My old MerchDesigner video is here – https://www.youtube.com/watch?v=zhC3LIoboeM
You’ve been banned or suspended even though you only just registered – or perhaps you’ve been on the site a while and you’ve been banned for copyright infringement or similar.
See video for an explanation of why this might be, and then email firstname.lastname@example.org AND go here to log a request: https://help.redbubble.com/hc/en-us/requests/new?ticket_form_id=16465
I should clarify that by ‘non-English speaking countries’, I specifically mean “non-Western” countries. RB does seem to allow people from Germany, Spain, etc. It tends to be places like India, Rajasthan, Algeria, Morocco that result in suspension (just a few recent examples from the FB group).
Showing how you can make money on RB by uploading your phone pics – no design skills required. You’ll get $10+ profit per framed print sold – and that’s at both the default margin and cheapest product. Much more passive income to be made and no design skills required.
Discussing profit margins on Redbubble again. If you’ve had some success on the platform and want to increase your margin without losing sales and alienating customers, this video will contain some useful information for you to consider. More info in video description.
As per my Etsy 3 month review, life has been very hectic and I haven’t had any time to do anything with Amazon, so I’ve just left it alone for well over a month.
See my Amazon 2 month review here if you haven’t already. Something I have noticed is that MerchInformer have added a lot of new features which look promising, including a t-shirt designer, which is much needed after MerchDesigner became a paid service. I’m looking forward to checking that and other features out when I have time. I’ll probably do a review in due course. Again, if you’re interested in MI and if you decide to buy it for yourself, use code PASSIVEOWL to get 20% off.
As far as unconscious progress on Amazon – I got upgraded to tier 500, which means that I’m allowed to upload 500 products in total – 50 each day. Of course, I uploaded nothing because I’ve just been ridiculously busy.
In total, during April I made 59 sales which equates to $277.36 profit (roughly £203.92). This is a reduction compared to last month. I think it’s a reduction partially due to one of my best sellers getting 2x 1 star reviews. One customer wasn’t happy with the sizing (not something I can control since Amazon provide the product), and the other had a suggestion for an improvement of the design – decided to rate it 1 star for no other reason than that. I don’t think they even bought it, which seems ridiculously unfair and I do wonder if it’s one of the competition trying to get rid of me. The shirt has many other positive reviews which makes it average at about 3 stars. I’ve seen the sales drop significantly as a result and the ranking has plummeted. I’ve also experienced a reduction in my number of uploads because some of them have been removed as a result of the 90 day rule after failing to sell.
The good news is that 11 shirts have started selling which previously hadn’t, some of which have sold 5+ times, which seems promising for the future.
Again, I just need to actually work on Amazon and upload things in the coming months. May is pretty much a write off due to how busy I am, but June onwards I will certainly be working harder at getting some uploads on there. Overall though, it’s nice to make almost $300 totally passively from Amazon while I’ve been busy with real life.