How Do People Make Money Selling Penny Books on Amazon???

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I get this questions a lot, “How do people make money selling books for a penny on Amazon???” I wanted to look a little closer at that and address it here. As we really get into it you can see that to make money selling penny books a few things have to happen. First you need to reduce your shipping cost. Second you need to sell in massive volume because you are only making a very small amount per sale.

Ultimately I think it is smarter to concentrate on selling higher value product so that you are not forced to sell so many units. As we illustrate here, the only real winner in this scenario is Amazon.

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