December Status Report

December wasn’t like the other months. Client work still lead the way, but there was more online selling and an attempt to sell some sites. That increased revenue from the online sales, but also increased expenses from the cost of ads.

Arguably, December was worse than other months in the sense that online sales and ads were actually expensive. However, I am hoping it lays the groundwork to increase revenue in the future without having to rely solely on client work.

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Wholesale Order

Looking to do some selling on eBay and Amazon, I pulled the trigger on a wholesale order. But now, I am kind of regretting it. There were a few pitfalls I clearly ran into, but I was rushed to get an order placed in order for it be delivered in time to capitalize on holiday shopping.

So far, everything has been terrible, though. Just getting 400 pounds of stuff delivered to my apartment wasn’t fun. To make things worse, the boxes were really beat up when they got here, and the retail boxes of the items inside also weren’t in the greatest condition.

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November Income Report

Client work income was steady, but there wasn’t much else happening. Even loading up more clients or other projects into the pipeline wasn’t really happening this month. I really need to work on something else, especially if I am paying seller fees now.

Selling more is definitely on the list of things to accomplish. With the Fulfillment By Amazon items being sold quickly and being super easy to manage, I would like to scale that up. This is the perfect time of year to do that, even with the higher fees Amazon charges. I would also like to capitalize on the Amazon affiliate websites, and try to get those sold.

I like the websites as a more longer term plan since I control inventory, and can scale up and down as I need money. However, it takes longer to get established and build a customers list to have available when I want to scale up. Selling other products is quicker, but using another company’s products makes me vulnerable to that company. If they won’t let me sell on Amazon or even the internet, there’s nothing I can really do about it.

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Am I Seriously Taking This Seriously?

After talking to the only person who reads any of these posts, it came up that eBay was once a primary source of revenue for me, but not now. What caused eBay to go downhill? Was it from Amazon’s competition? More than likely, it was me.

A couple years ago, eBay was bringing in the most money consistently. However, I was more active in selling than I am now. Over the months, I slowly stopped selling online. One site that was doing well that was also listing on eBay was bitcoin related, which eBay then frowned upon and removed the listings…then I started giving up.
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Need to Move Beyond Client Work

I need to get serious when it comes to selling websites. It’s really the only thing I have started, isn’t dependent on actual clients and contracts, and can, at least partially, be automated to sell without my direct involvement constantly.

I am working on some marketing plans to help sell the websites and think it’s time I finally pull the trigger. The key will be to do it consistently, tweaking as I go. But to start things off, I have to do something.
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October Income Report

This month saw more client work, Fulfillment by Amazon started, and an eBay store opened, but it still wasn’t the big bump in revenue I was hoping for. Amazon and eBay sales really amounted to very little. I had 1 sale from eBay and 2 from Amazon. The eBay sale actually came before the store was opened.

Combined with the store fees, selling fees were greater than the amount I received, making the sales actually a loss. I am really trying for 4 figure sales in a month, and not 2 figure sales. Without bumping up sales volume, selling online is basically pointless. The only other way to increase online revenue is to sell higher-priced items.
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Incoming Planning for a Short Term Goal

I have an investment deal coming up, but I have to move some money around to have the cash to do it. That’s looking like I could come up short without cashing out of some investments. Now, I am thinking I should try to get my low-performing money generating methods working a little better to cover the difference.
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September Income Report

September had a pick up in client work. Not much else changed in terms of making money online. However, I have historically made the most with client and an additional client should help with revenue.

Also, I went back to Ohio to close on another business deal. While there, Hurricane Florence hit North Carolina, so I stayed in Ohio for about 3 weeks. Since most of my time was away, I didn’t focus on selling anything on Amazon or eBay since I wouldn’t be around to ship anything.
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August Income Report

I really haven’t made a ton of progress since the last income report. August didn’t do much to increase the revenue, but it did set up next month to do quite well. I landed another client, and closed on the business that I have been looking at for a while now. It was based on the first deal I did years ago. The month started with a few Amazon sales, but then fell flat, however.
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Selling Packaged Work To Get Clients

In order to generate some new client work, I started offering some packages. The plan is to offer a standard amount of work that I can easily quote a price on and complete. Something that I can throw up a Buy It Now button without having to have a discussion first about all the requirements and goals.

The idea is basically to eliminate custom development and just focus on standard pages most people need. I will also be including some more marketing and SEO related services, as well. The plan is to use each to promote the others, so I can do an ecommerce site, plus SEO. If you already have a site, I can just do the SEO.
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