I may have mentioned this before, but just before going down to Paraguay I stopped to drop off some clothes at a thrift store in town. I happened upon their book section and *went nuts*. I think they were even having half-off sale or something. I found several books by authors I really wanted to read so I ended up buying a bunch.
Fast forward to recently. I found out selling books on Amazon is a good idea. The two thoughts merged into one: what if I could sell books on Amazon using the thrift store as my supplier?
So I decided to do an experiment. Last weekend I went to the thrift store and found hundreds of hardcover books in *near mint* condition. Mostly the only defect was the price stickers they put on them. I had decided I would spend $10 on books to see if I could at least break even. I went just over $8. I got several by authors I knew and a couple by authors I didn’t and headed home.
At home I listed the books on Amazon and immediately felt I had made a poor decision. You see, if you’re a piddly seller like I am, Amazon charges you $.99 per sale plus a percentage of the sale price. They charge more for shipping that you end up paying, so in the end you get some of that in addition to the price of the book. So someone might end up paying $3.98 for a book, including shipping, but Amazon takes out enough that you get about $2.70. Then you have to ship it, so by the time you buy the envelope and mail it, you’ve made a dime. That’s how it is for books that sell for $.99.
Almost all of the books I listed have a couple hundred listings on Amazon, dozens of which were $.01. That works fine for sellers who can afford the $40 a month sort-of membership fee. I can’t, so Amazon takes $.99 per book. Maybe you see where I’m going with this.
I’m basically losing money. For example, today I sold the first one I listed from the thrift store. I paid $.99 for it and it sold for $.49. I get $2.07 from Amazon, and I still have to ship it. It’ll probably ship for $2.20, but I also need an envelope. In the end, I will have paid $2.75 for the ability to receive $2.07 from Amazon. That’s a net loss of $1.18.
Like I said, it was an experiment. Some of the books I ended up listing for more than the minimum figuring *eventually* the others would be gone, but unless I can get like 10 books for $1, I probably won’t do this again. I may end up breaking even when it’s all said and done.
http://www.amazon.com/shops/jayzilla
-j
















I'm Jason, and I like to write.