Updated: 11/25/2013, 8:30 AM ET and 11/26/2013, 3 PM ET
The latest reports seem to be updated and fully accurate.
Niche Site Melt Down
I have a slightly unhealthy habit of checking the Amazon Earnings Report each morning. Usually the numbers are updated by around 8 AM ET and I can see the newly shipped items, plus the orders for the previous day. It is very exciting.
I checked this morning, Sunday, November 24. I expected to see a grand total for the month over $1,500 at least. However, I was shocked to see a much lower earnings total! If you have seen the same thing, please let me know in the comments at the bottom of the page.
Update: You can see the same report executed roughly 24 hours apart results in different totals. It has to be an issue with reporting…
Why Did This Happen?
Disclaimer: I can only speculate what is going on. I really do think this is a reporting issue. I have seen a few irregular reports before but nothing of this magnitude.
They usually occur in the morning of the US and the issues are gone by the afternoon. I also know that most major companies update software in the middle of the night on weekends to reduce the impact to customers and users.
It is likely, or at least possible, that Amazon had some backend system(s) update overnight and there are issues. Those are my best guesses.
What Am I Going To Do?
That’s right…I might go for a run later but just to clear my mind. 🙂
One thing that makes me feel good is the number of items ordered is still high, (451 from the image above) about where I expect it. The number of shipped items is the only thing impacted so technically if the ordered items are shipped then we are in good shape.
I will check later on this afternoon to see how things are going.
Update: Well, the earnings report still seems to be incorrect. Check out the report I just ran for Nov 18th (which was the highest day of earnings, check here) and you can see the drop.
Project Management Notes
Informally, I am looking at this as a risk management exercise.
There is a risk that I have lost a chunk of revenue.
- Quantitatively, I can specifically say that the revenue loss is over $500 and is probably closer to $700. Ouch…
- Qualitatively, my ego is hurt.But seriously, the real probably of this loss is less than 50% by my estimation.
This risk is based on a report from Amazon that is known to be a little bit fluid. I see that the orders are holding steady at 451 and that has not dropped. The bottomline is that the source of the data is suspect. I need to wait before taking any action.
There is no need to scramble or panic.
The update is that our assumptions about the report being incorrect were right.
Here is the correct report for total earnings on November 23: