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!?
Table of Contents
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 |
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