#32 - $500,000 in 2020! Our Amazon Year in Review
Built by Business: Amazon FBA, E-Commerce, Brand Building
Andy Isom | Amazon FBA Seller & Agency Founder
4.9 • 816 Ratings
🗓️ 1 January 2021
⏱️ 16 minutes
🧾️ Download transcript
Summary
Our 2020 Amazon Year in Review! Listen and discover how we went from $8,000 in January to over $120,000 in December. I'll talk about some of the challenges we faced and the lessons we learned and applied to get to the next level.
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Transcript
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| 0:00.0 | This year, December, we sold over 5,000 units, $117,000. |
| 0:04.6 | So if you guys are on the fence about starting your Amazon FBA business, man, I highly, highly |
| 0:10.4 | encourage you to consider starting right now. |
| 0:13.5 | If you're starting right now, you are sitting really, really pretty. |
| 0:16.9 | This is a great time to start your business because I'm dead serious. |
| 0:20.3 | Like if you follow the business model that we teach 12 months from now, you could really easily be doing 50 to 100K. |
| 0:30.6 | Good morning guys. You're listening to another episode of selling on Amazon with Andy Isum. |
| 0:37.9 | This is our Amazon year in review, half a million dollars in sales in 2020. In this episode, |
| 0:45.3 | I'm going to break down for you guys some things that we did this year, some lessons that we |
| 0:49.4 | learned, what we did differently to really, really scale up our business in our first year and a half total selling |
| 0:56.6 | our branded products on Amazon. So I'm going to share for you guys right here on the screen |
| 1:01.7 | if you're watching on YouTube. If you're listening, you'll be able to just kind of follow along |
| 1:05.4 | here. So I'm here in our sales dashboard on Amazon Seller Central just looking at our year to |
| 1:10.6 | date. Now, as of |
| 1:11.8 | recording this, this is December 30th. So we do have one more day of sales for the 2020 year. |
| 1:17.9 | I anticipate we'll do roughly around $3,000 today and probably about that same amount tomorrow. |
| 1:23.6 | So our finish for December 2020 should be around $120,000 in sales. |
| 1:29.6 | But if we break down kind of how we've grown this year, just looking at it, it's been really, really solid January of this year, which would be about six months of selling on Amazon with our private label products. |
| 1:42.8 | In January, we sold 256 units, which was just over |
| 1:47.3 | $6,000 in sales. Fast forward to December this month, over $5,000 units, $117,000 in sales. So that's |
| 1:55.9 | an extreme growth. If we want to compare last year, this is what's really interesting to look at. |
| 2:01.2 | This year, December, we sold over 5,000 units, $117,000. December of 2019, so last December, |
... |
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