Most of you who read my blog know that I've recently started selling products on Amazon. I'm happy to say that I finally broke the $500 barrier this month! Almost $350 will be deposited into my account tomorrow, which makes my total for the month $530.59.
I don't even know how it happened, because there were some items that I basically gave away for 75% off to try and get people to buy my new product. Not to mention having to pay another $39.99 for my monthly seller fee, and the cost of shipping my products to Amazon. I'm pretty pumped to see what my sales will look around Christmas time.
On a side note, the wife and I have started the process to trademark the name of our new product. While I'm happy about the money I've made so far, I think this product will have a lot of potential. The biggest mistake I've made so far is choosing products that only need to be purchased one time. I won't be making that mistake with our new product.
To those who are thinking of getting started, I'd recommend picking a product that customers will have to buy repeatedly. Think about the different items that you buy on a continual basis. Razors, dish soap, printer ink, baby wipes, etc. These are all products that are bought repeatedly, so once a customer likes your product they're highly likely to buy it again.
