November 2025 Income Report for My eBay to Amazon Flipping Business

November is officially wrapped up, and I wanted to share a full, transparent breakdown of how my eBay to Amazon flipping business performed this month.

I know a lot of you look forward to these updates because they show what’s really possible with this model, and they also highlight the challenges that come with it.

This was one of my strongest sales months ever.

The business crossed six figures again, and even with some things that didn’t go so smoothly, it still put over twenty thousand dollars of net profit in my pocket.

Thanks again for Replen Catcher for helping me to source tons of amazing deals from eBay to Amazon

That’s wild to think about, especially since this all started years ago with me stumbling around Goodwill scanning used books.

But the numbers also showed me that it’s time to level up the entire operation going into 2026. There’s a lot of opportunity on the table, but there’s also a lot of wasted money that I need to clean up.

Here's how November looked in my eBay to Amazon flipping business...

Sales: $120,649.98

Units Sold: 1,092

Average Selling Price: $118.54

Net Profit (Sellerboard): $21,793.02

Gross Profit: $27,981.34

ROI: 37.50 percent

Margin: 18.06 percent

Returns: 145

Return Rate: 13.28 percent

Prep Center Cost: Around $1,500

Account Health Issues: 0 (perfect)

The surprising part is this. Even with a return rate over 13 percent, the business still cleared more than twenty-one thousand dollars in net profit. 

That shows just how powerful this model can be when you’re flipping higher dollar items with strong margins.

Where Things Got Messy

Returns Are KILLING MY PROFITS!

This is the area that hit the hardest this month.

The return rate wasn’t high because items were “bad” or because quality slipped.

The real issue is that a handful of specific ASINs in electronics and home improvement absolutely hammered my numbers.

Those categories attract more returns than anything else, and the condition issues can get out of control fast.

And on top of that, I am seeing more customer abuse than ever.

I’ve had people buy toys and LEGO sets, pull out the best pieces, and send back half empty boxes.

Amazon still expects me to refund them. It’s honestly ridiculous what some customers get away with.

Refund cost for the month ended up at $10,060.20. A big portion of that was because of these exact situations.

The good news is this is fixable. 

I’m already cutting several problem ASINs and tightening up my buying criteria so this doesn’t bleed into next year.

Amazon Fees

Total Amazon fees came in at $24,494.56.

This includes referral fees, FBA fees, inbound shipping, storage, removals, adjustments, and all the little things that add up.

Nothing out of the ordinary here, and this is why keeping profit margins high is absolutely non negotiable. Fees are not going away. You just build a business that can survive and thrive with them.

Cost of Goods

COGS: $58,113.88

This reflects the volume of inventory moving and the fact that my average selling price is over $100. 

Higher ASP gives me more breathing room when returns spike, and it’s one of the main reasons the business still stayed profitable even with the losses from returns.

Indirect Expenses

Indirect expenses totaled $6,188.32.

This includes bookkeeping, software, VA salaries, and a prep center bill that ended up being closer to $1,500 for the month.

Nothing unexpected here. These are the costs of running a real business.

Again the prep fee is off in the graphic.

The Bigger Story

Here’s why I like sharing these reports.

A lot of people look at flipping as some magical side hustle where you get rich quick.

That’s not reality.

The truth is you will deal with returns, scammers, bad buys, misdescribed eBay items, and Amazon mistakes. It’s part of the game.

But the other truth is this.

Even with all of that, the business still brought in over twenty one thousand dollars of net profit in a single month.

That’s the part I hope inspires you.

Plus my account health is perfectly clean, which most people say is impossible with eBay to Amazon lol.

Goes to show most people have no idea what they are talking about and just listen to the fake gurus in the space who are just trying to sell you a pie in the sky dream.

Anyways one more thing worth mentioning.

If my return rate drops from 13 percent to even 7 or 8 percent, the profit number would jump through the roof even more.

And that’s why I’m spending December and January rebuilding systems, cleaning up my sourcing criteria, cutting problem ASINs, and making sure 2026 is my cleanest year ever.

This business is far from perfect. But it works. And if you stay consistent, focus on high ROI inventory, and make small improvements every month, it can absolutely change your life.

If you have any questions feel free to send me a message in my free eBay to Amazon Facebook group. Just tag me @steveraiken 

Steve