I run our companies Amazon, am I being compensated fairly?
I work for a very small company and had the opportunity to run our Amazon in late 2018. At the time, we did about 150k revenue a year. Listing were not optimized, ads were not running, etc. I overhauled the entire account with an agreement I would receive 15% of the sales revenue. Fast forward 3 months, our sales start to explode from my efforts, going from 10-15k a month in rev to 70-80k. The month our sales spiked, commissions were cut to 3.5% sales rev, a bate and switch, IMO. Granted, we did have new products recently added that did help with these numbers. 2019 we did about 1.3 million rev, 2020 1.75 million. I run the entire Amazon by myself. The only part I’m not responsible for is the product design. The owner designs the products (not private label) and i do the rest. Purchasing the inventory, graphic design, advertising, the whole thing. Even spending long hours packaging products for FBA, by myself.
Regarding profit margins. Our top-selling products have a gross profit margin of 40%. I receive about 1/10 of the profits, if we want to factor in all the various fees, we could dail it down to 1/8..
One last thing – because I manage the account, I’ve steered away from running my own Amazon business as i do not want to get our main account banned due to sharing IP addresses. It’s extremely frustrating as this is my best way of making a living, but I’m stuck running someone else’s.
What do you think is a fair compensation or someone in my circumstance, or is this fair?
TLDR: I get 3.5% of the revenue on my companies amazon business and i do everything besides the product design and development. Is this fair compensation? What do you think is fair compensation?