Selling Books on Amazon FBA – Top 5 Sales in March 2014

http://www.booktothefuture.com/youtube Selling Used Books with Fulfillment by Amazon – Top 5 Sales in March 2014

Here’s the transcript of the video:

Hi, this is Nathan holmquist, and for this video I’m going to show you some of my top sales in march. I’m going to show some of the Amazon listing and maybe show some pricing strategies. I’ll show the sales price, what I sold it at, the profit that I made, and where I got the item as well. So let’s go ahead and get started. The number one sale is this one right here, paramedic practice today. And actually when I sold it, about a month ago, it was around 200 dollars. There’s a few sellers selling it at 200, around 200. Now looks like there’s one seller selling it for 999 dollars. I have no idea if this seller is going to get that much for it. it does have a good rank of 895,000. But anyway, when I was, when I sold it, I just sold it at 240, priced it at 240 and it sold right away. And maybe I should have priced it higher, but anyway, it was still a good sale. And I’ll go ahead and show you, here’s the screenshot from my Amazon account, I sold it for 240 after Amazon fees, made 195 dollars on it. and I bought it for 25 dollars from someone on craigslist. I bought a couple books from this guy, and the other one was pretty profitable as well. I paid him 50 dollars for both books, so this one was 25 dollars, so it’s 170 dollar profit, just from this one transaction here.

That sold on march 7th. About 3 weeks ago. So that’s the, one of the top sales from march. And I have a few others. This one is another textbook called understanding business. And as you can see the new price is 123, used price 75 dollars. Really good rank of 7000. And see what the lowest FBA is here. FBA starts at 117. So there you can just see how valuable FBA is. You can price it 40 dollars higher than the lowest merchant fulfilled price there. So anyway, I sold this one understanding business for 110 dollars. And after Amazon fees, I got 89 dollars to me. Paid 12.50 for this book, this is, usually when I buy books on craigslist, I’m buying multiple textbooks. I believe I bought 2 to 4. I think this is 2 books from this guy, paid him 25 bucks for both books. This one was 12.50, this was a craigslist transaction as well. That’s a 77 dollar profit. This one sold a couple weeks ago on march 17th. And this is probably the most bizarre one. This is called casa California. The lowest merchant fulfilled price is 54 dollars. Decent rank of 402,000. I don’t think there’s any FBA sellers on this one. No FBA sellers. And let’s see here, I sold this one for 79 dollars. So after fees that’s 63 dollars to me. I paid just over 5 dollars for this. I actually bought this on Amazon, because someone probably priced it too low on accident, and I saw it, so I just ended up buying it, after it arrived at my house, I decided to FBA, and sold it for 79 dollars. It’s possible to buy on Amazon and sell on Amazon. So let me just go back to see where it says here you purchased this item on February 11th, 2014. So I paid for this 1.54 for it, plus 3.99 shipping, so my total cost was 5 dollars and 53 cents. So anyway, that doesn’t happen all the time, but it does happen occasionally. So yeah, so you can find items on Amazon as well. And just resend it. so that was a 58 dollar profit for that one. Next one chart your success on the compass test. Merchant fulfilled price, 37.99. no FBA sellers. Let’s see what the rank was on this. Decent, 271,000. And I sold this one for 68.87, and after all fees I got 55 dollars, only paid 1.10 for this one at a library book sale. So after all fees that leaves me with a 54 dollar profit, and this one sold on march 4th. So this one probably has the best ROI, return on investment for this one. And last one, I normally don’t buy toys. But I saw this one at a thrift store and it was sealed. McFarlane toys movie maniacs. I really don’t remember if there’s an FBA seller at the time when I bought this. Let’s see what the rank is, 233,000, a bit high for toys. And I sold this one for 59 bucks after all fees, that leaves me with 47.12, and I paid 8 dollars for this at a thrift store. So that leaves me with 39.12, and that one sold on march 1st.

Alright, so I just wanted to show you some of my top sales from march. As you saw, some of my sourcing techniques is craigslist, library sales, and even amazon.com themselves. So I hope you enjoyed this video. For more tips and tricks, please visit my blog at booktothefuture.com. thanks for watching.