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Can You Make $1,000 An Hour Selling Used Books On Amazon FBA!?

Published on: November 30 2022 by Carter Maxwell

Can You Make $1,000 An Hour Selling Used Books On Amazon FBA!?

Can You Make $1,000 An Hour Selling Used Books On Amazon FBA!?

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00:00:00 00:00:04 yo what's up guys in this video I'll be
00:00:01 00:00:06 going in to act a live library sale and
00:00:04 00:00:08 showing you how exactly my teenage
00:00:06 00:00:09 friends are killing it selling books on
00:00:08 00:00:12 Amazon I'm show you what exactly they
00:00:09 00:00:14 find how much they're buying it for how
00:00:12 00:00:15 much potential money they're making on
00:00:14 00:00:17 it and how much you can make if you
00:00:15 00:00:18 start an amazon seller account now so
00:00:17 00:00:20 let's get straight into it I want some
00:00:18 00:00:24 guys so we're inside the library sale
00:00:20 00:00:26 right now so there's a lot of books here
00:00:24 00:00:30 out of respect for everyone else I'm
00:00:26 00:00:33 gonna keep am I toking to a minimum
00:00:30 00:00:38 right now I've got a lot of my friends
00:00:33 00:00:40 here so these guys I taught them all how
00:00:38 00:00:43 to sell in Amazon and now they're the
00:00:40 00:00:45 books out right now doing pretty well
00:00:43 00:00:48 it's probably 10 books in there 10 in
00:00:45 00:00:51 there so far yeah the self started about
00:00:48 00:00:53 5 or 10 minutes ago so I've been they
00:00:51 00:00:56 started in the reference section a
00:00:53 00:01:03 little bit way right now and sports and
00:00:56 00:01:04 games I'll show you guys later will be
00:01:03 00:01:06 fine all right guys we got our first
00:01:04 00:01:10 really really good book today the New
00:01:06 00:01:12 Revised Standard Version Bible and if i
00:01:10 00:01:15 zoom in on this correctly the lowest
00:01:12 00:01:18 used price is about ninety three dollars
00:01:15 00:01:20 merchant fulfilled so easily I think my
00:01:18 00:01:22 friend to be able to get over a hundred
00:01:20 00:01:24 dollars for this book there's about a
00:01:22 00:01:26 two million sales rank so it's gonna
00:01:24 00:01:28 take a little while to sell but I mean
00:01:26 00:01:29 he's getting up about two dollars two
00:01:28 00:01:32 dollars two hundred dollars take that
00:01:29 00:01:35 all day alright so if you guys notike
00:01:32 00:01:37 we're scanning books by section okay
00:01:35 00:01:38 we're in the education of parenting
00:01:37 00:01:41 right now but when the sale first
00:01:38 00:01:43 started we went to business in the back
00:01:41 00:01:44 corner religion and then made our way to
00:01:43 00:01:46 Spanish
00:01:44 00:01:48 basically you want to go to these
00:01:46 00:01:49 different categories and gets the most
00:01:48 00:01:52 profitable ones first ones usually like
00:01:49 00:01:54 the business religion self-help
00:01:52 00:01:55 self-awareness books like that because
00:01:54 00:01:57 that's we're gonna get the highest
00:01:55 00:02:00 margins then you can work your way down
00:01:57 00:02:02 to education parody and children's books
00:02:00 00:02:04 and all sorts of books and you can see
00:02:02 00:02:06 we're skating through pretty quickly I
00:02:04 00:02:07 mean it's basically still ready filled
00:02:06 00:02:10 up a tub right here I mean it's only
00:02:07 00:02:12 been like 20 minutes into the sale and I
00:02:10 00:02:13 mean what's courts are doing is just
00:02:12 00:02:14 fine in the book I mean he's just
00:02:13 00:02:17 scanning the barcode right there now
00:02:14 00:02:20 he's gonna check obviously the rank of
00:02:17 00:02:21 the book and usually I don't know we'd
00:02:20 00:02:26 like to stay on there like a two million
00:02:21 00:02:28 rank or so what does this book think I
00:02:26 00:02:30 can't my camera's not focusing right now
00:02:28 00:02:32 guys but we just go through skin all
00:02:30 00:02:34 these books and usually we like to stik
00:02:32 00:02:36 under 2 million sales rank if it's a
00:02:34 00:02:38 really really high price if it's over 50
00:02:36 00:02:40 bucks we'll go over a few million I got
00:02:38 00:02:42 so at the last video because they
00:02:40 00:02:43 actually just found a perfect example
00:02:42 00:02:46 what we're toking about
00:02:43 00:02:49 this is about a 2 million sales rank and
00:02:46 00:02:52 books and you can see the lowest user
00:02:49 00:02:53 price is $49 guys something what are you
00:02:52 00:02:57 getting this book for like two dollars
00:02:53 00:03:01 or so two dollars to fifty dollars yes
00:02:57 00:03:04 sir TMG show you guys what else be fun
00:03:01 00:03:07 what we got in there scan and we got
00:03:04 00:03:10 business investing economics build up a
00:03:07 00:03:12 tub already off smart I'm gonna go to
00:03:10 00:03:14 here and spy on this recent over here
00:03:12 00:03:18 just real quick be secretive about us if
00:03:14 00:03:18 I don't get the best angle okay
00:03:19 00:03:23 [Applause]
00:03:24 00:03:29 all right so that is that's just a
00:03:27 00:03:30 glimpse of another reseller out there I
00:03:29 00:03:32 didn't wanted to know I was recording
00:03:30 00:03:35 but I mean that's the potential I mean
00:03:32 00:03:36 he's already got probably 50 books or so
00:03:35 00:03:38 I think he's got his wife helping him as
00:03:36 00:03:40 well so I mean there's a lot of money
00:03:38 00:03:42 and used books guys and that this
00:03:40 00:03:45 content is valuable to you make sure you
00:03:42 00:03:47 subscribe all right so those of you that
00:03:45 00:03:48 are wondering why I'm not scanning books
00:03:47 00:03:50 myself well I'm not gonna purchase any
00:03:48 00:03:51 books today is because I don't sell use
00:03:50 00:03:55 books anymore
00:03:51 00:03:56 I've moved on to the Amazon FBA private
00:03:55 00:03:57 label game and that's why I'm gonna
00:03:56 00:04:00 doing it for about the last six to eight
00:03:57 00:04:00 months hopefully this month I can hit
00:04:00 00:04:03 around
00:04:00 00:04:05 twenty-two thousand dollars in sales for
00:04:03 00:04:08 this month and I expect to do anywhere
00:04:05 00:04:10 from around 30 to $35,000 and this time
00:04:08 00:04:12 are some super hides about that but
00:04:10 00:04:14 mainly I'm making this live sourcing
00:04:12 00:04:16 videos just just to show you that you
00:04:14 00:04:19 can make money selling use books audio
00:04:16 00:04:21 books CDs on Amazon FBA there's a lot of
00:04:19 00:04:22 money to be made I'm there's grown
00:04:21 00:04:24 adults in here that are doing this for a
00:04:22 00:04:27 full-time living so there's a lot of
00:04:24 00:04:28 money that can be made with this and for
00:04:27 00:04:30 those of you that are interested in
00:04:28 00:04:32 possibly a private labeling or any other
00:04:30 00:04:36 business model that maybe takes more of
00:04:32 00:04:38 a startup cost selling book CES
00:04:36 00:04:40 electronics that's a great way to build
00:04:38 00:04:42 up some extra income to where once you
00:04:40 00:04:44 save enough you can then pursue private
00:04:42 00:04:46 label also whatever business model that
00:04:44 00:04:48 you like all right guys we already
00:04:46 00:04:52 filled up to full boxes right now which
00:04:48 00:04:54 box is yours both of them both of them I
00:04:52 00:04:57 think only one is yours but estimate
00:04:54 00:05:00 your average profit per book you think
00:04:57 00:05:03 well average profit per book
00:05:00 00:05:05 we're looking at about $10 a book about
00:05:03 00:05:10 $10 a book honey books need a veneer
00:05:05 00:05:12 about on the thirtyish probably 30 35 35
00:05:10 00:05:14 something let's just say 30 roughly for
00:05:12 00:05:17 each box that's about I don't know six
00:05:14 00:05:19 hundred dollars and estimated profit if
00:05:17 00:05:21 we can get all these books to sell about
00:05:19 00:05:23 an average of ten dollars in profit not
00:05:21 00:05:25 even including my third friend over here
00:05:23 00:05:27 doesn't have his boxes over here so
00:05:25 00:05:29 we're probably at about eight to nine
00:05:27 00:05:31 hundred dollars in profit so far we have
00:05:29 00:05:34 enabled haven't even been another one
00:05:31 00:05:36 haven't you been here for an hour each
00:05:34 00:05:38 book is uh I think it's about a dollar
00:05:36 00:05:40 for paperback two dollars for hardcover
00:05:38 00:05:44 so I mean we've probably bought about
00:05:40 00:05:47 6070 books and our we're not touched so
00:05:44 00:05:51 far semi so far these three high
00:05:47 00:05:54 schoolers ages 16 17 I've spent about
00:05:51 00:05:55 sixty to probably eighty dollars now
00:05:54 00:05:57 probably about sixty to a hundred
00:05:55 00:05:59 dollars on these books and I look in the
00:05:57 00:06:01 for around or return of anywhere from
00:05:59 00:06:02 800 to probably a thousand I mean
00:06:01 00:06:05 they're still gonna be here for another
00:06:02 00:06:07 hour probably pick up 3040 more books
00:06:05 00:06:09 each so that's just the potential on
00:06:07 00:06:11 Amazon FBA guys get out their house
00:06:09 00:06:16 school get out there and hustle guys and
00:06:11 00:06:18 go sir and this content actually helped
00:06:16 00:06:19 just be like these live sourcing videos
00:06:18 00:06:21 let me know down in the comments guys
00:06:19 00:06:23 make sure to leave a like on this video
00:06:21 00:06:26 and subscribe to my channel I'll see you
00:06:23 00:06:26 guys next video