So my last Amazon deposit on Nov 25th was $788. It was my highest 2 week total to date, and I was super pumped about making that much in just two weeks.
So now I have a problem. In less than one week, I already have over $1200 waiting to be depositing into my account on Dec 8th. Basically I'm on pace to have over $4000 deposited into our account for the month of December. So what's the problem?
I've pretty much run out of stock on my 5 most popular items. Three of my items come from one particular company in China, and they just happened to be moving locations when I placed another order with them. This caused a week long delay in the production of my items, and they still haven't been shipped to me. This means I'm losing tons of money while my items are out of stock. I actually made over $800 in just 2 days, and the sales have been dwindling down since I don't have many of my items in stock.
Also, like most first-time Amazon sellers, I use the profits I make to restock my items. Since I did this, I can't really order more items until after my next deposit around Dec 8th. Then of course I run the risk of not getting the items to Amazon before Christmas. I wish someone had told me just how much your sales will grow during the Christmas shopping season. I'll just consider this a lesson learned. Next year I'll be sure to start stocking up on things around October.
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