There goes October. Time is really flying this year. It’s the time of the year where sales usually hit their low point before everything starts picking up again just before the holidays. Usually Halloween will give you a little boost in your sales but things really only get going around mid November. It’s actually quite frustrating when you’re in the moment because you never really know if things will go as well as they did in the past. But I guess that’s just part of the business.
Anyway, you obviously want to know how my October went. Let me tell you, it wasn’t particularly good, which is a bit concerning. But check out the details for yourself.
Based on my own sales tracking, September saw EU gross sales which dropped by 22.2% versus the previous month (15.5% down on the US marketplace) and only 10.3% lower than the same period last year. I’m not entirely sure where the drops are coming from but I suspect Spreadshirt is doing some strange tests again or changing the platform. They’re notorious for doing experiments or rolling out buggy features just before Christmas.
Redbubble sales were higher again in October. Last month I said I was going to ramp up the uploads again in order to generate more significant revenue. I’m progressing, but not as quickly as I’d like. I’m now also looking at Teezily as a new potential source, but haven’t been able to gage success rates yet.
Monthly T-Shirt Income Report
I’m looking forward to reading your questions and comments. If there’s any particular position that you would like to know more about, then let me know and I will try to clarify.
|Spreadshirt Marketplace EU||2,260.48||2,466.86||2,965.57|
|Spreadshirt Marketplace US||247.25||269.82||575.59|
|Miscellaneous Hosting Services to 3rd Parties||–||–||–|
|Expense Positions||EUR||USD||Last Month|
|BoxCryptor (Annual Subscription||30.25||33.01||–|
|Deutsche Post (Shipping Costs)||–||–||–|
|Digital Goods (Themes, Templates etc)||18.33||20.00||–|
|Dropscan (Mail Scanning Service)||6.29||6.86||11.68|
|GitHub (Micro Personal Plan)||6.41||7.00||7.00|
|Google API Services (mostly translation)||–||–||–|
|Google for Work (Monthly Subscription)||12.00||13.10||13.45|
|HostGator (Web Hosting Services)||10.95||11.95||11.95|
|JetBrains PHP Storm (Monthly Software Subscription)||8.90||9.71||9.98|
|Laracasts (Monthly Subscription)||8.25||9.00||9.00|
|Namecheap (Domain Name Registration Fees)||–||–||–|
|Noun Project (NounPro Subscription)||9.15||9.99||9.99|
|PureVPN (Annual Subscription)||–||–||–|
|Shopify Basic Subscription (for www.gocaptain.com)||26.57||29.00||29.00|
|Xing (Quarterly Subscription)||–||–||28.12|
|Tax Adviser (Quarterly Booking)||–||–||168.18|
|Net Operating Profit (excl. all taxes)||2,462.80||2,687.65||3,489.71|
|Tax Elements||EUR||USD||Last Month|
|VAT on Income||429.49||468.70||563.46|
|VAT on Expenses||7.29||7.95||39.90|
|Net VAT to be paid to the Tax Man||422.20||460.75||523.56|
*EUR/USD Exchange Rate for October 2016: 1.0913