Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!

Perrin and I are excited to bring you the income reports for the authority site and my amazon product.

We also discuss a pivot I am making in my business based on these numbers.

The details of these income reports can be found in this blog post from last week.

Here's a quick rundown of what we discuss on the podcast today:

Last month our authority site brought in $912.70, mostly from Kindle books, and some Adsense revenue.

However, at this point we’re facing a bit of a reality check: we’re now 10 months in to this project, and the traffic is not growing like we had hoped.

Currently we’re spending $3,000-4,000 per month on content creation and marketing. Over the past several months we’ve spent $15,000-20,000 and only realized $7,000 revenue.

On the other hand, my Amazon product launched March 28 and saw revenues of $4,400 in the first 30 days. This started as a very casual side project, but we sold out of the first batch of 105 units in 40 days for an initial revenue of $6,000.

Looking forward we’re planning to increase profit margins through lower freight costs and lower price per unit due to economies of scale with our manufacturer.

The difference in momentum between these two projects is allowing for a pretty clear decision in our business focus.

Direct download: Niche_Pursuit_Podcast_Episode_62_mixdown.mp3
Category:general -- posted at: 3:08pm EDT

Today’s episode of the Niche Pursuits Podcast is a Q&A session with Perrin and I talking all about selling physical products on Amazon.

A few of the questions covered are:

  • What are your thoughts about going outside of Amazon?
  • Another common question we get is Why Not Go Direct?
  • A few people have been asking about selling through Amazon’s FBA program in other countries.
  • Can you estimate costs associated with a product?
  • Where and How do you get samples?
  • Can you source from the US?
  • What due diligence can you do around suppliers on Alibaba?
  • and others
Direct download: Niche_Pursuit_Podcast_Episode_61.mp3
Category:Online Business -- posted at: 5:23pm EDT

Today, Perrin and I get behind the microphone and discuss how to start and grow your own business through Amazon’s FBA program. 

By following several key steps, I was able to sell $4,399 in product in just 30 days. Perrin and I share the process and answer some questions taken from the blog.

This is a very real business, which I hope to scale and see monthly earnings quadruple. The potential rewards are, in my opinion, much greater than a niche website.

Direct download: NP_Episode_60.mp3
Category:general -- posted at: 12:55pm EDT

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