Reason for Selling:
The reason for selling my business is because of both family and health reasons primarily.
I am ASM 3 and have recently added a product to Amazon.co.uk as well as continuing with products in Amazon.com
In Amazon.com I am in Health and personal care and on Amazon.co.uk I am in Beauty.
Monthly Revenue & Profit In Amazon.com The monthly revenue has been variable however it seems to have stabilized at approximately $2,000 per month with one product.
- The cost per unit including shipment is $3.5
- Sales since commencement of this product (9th Feb) has been on average 5 a day. This could be improved upon with better promotion than I have been able to do.
- Payment from Amazon minus their charges is $9.38
- Average amount spent on Amazon ads has been $1 per day. for this particular item.
- The product currently has over 100 reviews
This provides about $5.58 in profit per unit sold. After the cost of advertising, profit is approximately $850.00 per month.
In Amazon.co.uk it is only just beginning so no monthly revenue as yet.
My trademark is included with the sale, along with social media accounts, website, custom packaging and supplier information and inventory.