How To Make $100 A Day Selling Books On Amazon FBA | STEP-BY-STEP Beginners Guide
Published on: November 30 2022 by Carter Maxwell
How To Make $100 A Day Selling Books On Amazon FBA | STEP-BY-STEP Beginners Guide
How To Make $100 A Day Selling Books On Amazon FBA | STEP-BY-STEP Beginners Guide
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00:00:04 | 00:00:08 | what is up everyone |
00:00:06 | 00:00:10 | Carter Maxwell here the high school |
00:00:08 | 00:00:12 | hustler and in this video I'll be going |
00:00:10 | 00:00:16 | over how you can take your Amazon |
00:00:12 | 00:00:19 | business from zero to $100 a day selling |
00:00:16 | 00:00:21 | used books on Amazon so recently I've |
00:00:19 | 00:00:24 | been getting a lot of questions from |
00:00:21 | 00:00:26 | different people on how much money does |
00:00:24 | 00:00:28 | it take to start in Amazon FBA book |
00:00:26 | 00:00:30 | business what are the best categories to |
00:00:28 | 00:00:32 | sell in one of the best books to sell on |
00:00:30 | 00:00:34 | where can you find books in this video |
00:00:32 | 00:00:37 | I'll be going over my personal |
00:00:34 | 00:00:41 | experience from building my book |
00:00:37 | 00:00:43 | business on Amazon from 0 to $100 a day |
00:00:41 | 00:00:44 | pretty quickly I'm gonna go over some |
00:00:43 | 00:00:46 | tips and tricks on how you can do the |
00:00:44 | 00:00:49 | same as well oh I'm going to briefly |
00:00:46 | 00:00:52 | break down the process on how you can |
00:00:49 | 00:00:54 | take your Amazon book business from zero |
00:00:52 | 00:00:57 | to a hundred dollars a day in beyond |
00:00:54 | 00:01:00 | quickly the 5 steps to success let's get |
00:00:57 | 00:01:02 | straight into it first step in building |
00:01:00 | 00:01:05 | your Amazon book business is to |
00:01:02 | 00:01:06 | obviously create your Amazon seller |
00:01:05 | 00:01:08 | account now when it comes to actually |
00:01:06 | 00:01:10 | creating your account you have two |
00:01:08 | 00:01:12 | different cellar plans that you can |
00:01:10 | 00:01:14 | choose from you have the individual |
00:01:12 | 00:01:17 | cellar plan and the professional so then |
00:01:14 | 00:01:18 | the individual there is no monthly fee |
00:01:17 | 00:01:21 | that you do have to pay although you |
00:01:18 | 00:01:24 | have to pay a per item fee every time to |
00:01:21 | 00:01:27 | sell a product which is $0.99 and the |
00:01:24 | 00:01:30 | professional seller plan is $40 per |
00:01:27 | 00:01:32 | month and there is no fee for each item |
00:01:30 | 00:01:34 | that you sow so if you're starting to |
00:01:32 | 00:01:37 | get to the point where you're selling 30 |
00:01:34 | 00:01:38 | to 40 or even more products per month |
00:01:37 | 00:01:40 | and you're still on the individual plan |
00:01:38 | 00:01:42 | it only makes sense to upgrade to the |
00:01:40 | 00:01:44 | professional silo plan which is the one |
00:01:42 | 00:01:46 | that I recommend and if you start paying |
00:01:44 | 00:01:48 | $40 a month hopefully that should |
00:01:46 | 00:01:50 | motivate you to get off your butt and |
00:01:48 | 00:01:52 | start finding books and products to |
00:01:50 | 00:01:54 | resell on Amazon now within the first |
00:01:52 | 00:01:55 | step once you sign up for your account |
00:01:54 | 00:01:57 | you then need to find a way they were |
00:01:55 | 00:01:59 | able to scan books and analyze the data |
00:01:57 | 00:02:00 | once you scan it |
00:01:59 | 00:02:02 | once you create Amazon seller account |
00:02:00 | 00:02:04 | you were then have access to the Amazon |
00:02:02 | 00:02:06 | seller app which is a hundred percent |
00:02:04 | 00:02:08 | free which you're able to then scan at |
00:02:06 | 00:02:10 | the barcode on the front face of that |
00:02:08 | 00:02:12 | book and it's gonna pull down a whole |
00:02:10 | 00:02:13 | database on that book and currently what |
00:02:12 | 00:02:15 | it's selling for industry |
00:02:13 | 00:02:17 | remember you're gonna be selling FBA so |
00:02:15 | 00:02:20 | make sure you're looking at the FBA |
00:02:17 | 00:02:22 | eligible price offers and also pay |
00:02:20 | 00:02:24 | attention to the sales ring the lower |
00:02:22 | 00:02:26 | the sales rank the better so you want to |
00:02:24 | 00:02:28 | kind of stik under a 1 million sales |
00:02:26 | 00:02:30 | rank isn't what I recommend Oh |
00:02:28 | 00:02:32 | step two you're gonna need a little bit |
00:02:30 | 00:02:35 | of side cash in order to purchase |
00:02:32 | 00:02:37 | inventory to sell on Amazon now when it |
00:02:35 | 00:02:38 | comes to purchasing books you're |
00:02:37 | 00:02:41 | extremely extremely in luck because |
00:02:38 | 00:02:42 | people really don't know the value of |
00:02:41 | 00:02:44 | their books and often you can pick them |
00:02:42 | 00:02:46 | up for anywhere from a quarter to one |
00:02:44 | 00:02:48 | dollar for two dollars at the highest |
00:02:46 | 00:02:50 | price that I usually pay for books now |
00:02:48 | 00:02:51 | sometimes they go to different thrift |
00:02:50 | 00:02:52 | stores and stuff like that and they'll |
00:02:51 | 00:02:54 | be a little bit more expensive and all |
00:02:52 | 00:02:56 | depends on how quickly you think that |
00:02:54 | 00:02:59 | book can sell and how much money and |
00:02:56 | 00:03:01 | profit you can make now I'm gonna go |
00:02:59 | 00:03:03 | back to sales ranking going a little bit |
00:03:01 | 00:03:06 | more in depth of what exactly that means |
00:03:03 | 00:03:08 | so every time you scan a book it's gonna |
00:03:06 | 00:03:10 | have a best sellers rank and that sales |
00:03:08 | 00:03:12 | rank extends for how often and how well |
00:03:10 | 00:03:14 | that product sells obviously like I |
00:03:12 | 00:03:16 | mentioned earlier the lower the sales |
00:03:14 | 00:03:17 | rank for that product the more often |
00:03:16 | 00:03:20 | it's selling and when it comes to books |
00:03:17 | 00:03:22 | there's like 15 16 million different |
00:03:20 | 00:03:25 | books on Amazon now I like to stik |
00:03:22 | 00:03:27 | under the 1 million sales rate because |
00:03:25 | 00:03:29 | that means it's selling is selling a |
00:03:27 | 00:03:30 | decent amount it also depends on the |
00:03:29 | 00:03:33 | price of the book so I mean if you're |
00:03:30 | 00:03:35 | looking to make five six dollars trying |
00:03:33 | 00:03:37 | to sell a twelve thirteen dollar book I |
00:03:35 | 00:03:38 | would like to stay anywhere under a six |
00:03:37 | 00:03:40 | hundred five hundred thousand sales |
00:03:38 | 00:03:42 | ranks that it's gonna hopefully sell |
00:03:40 | 00:03:44 | thin that month or the next month or the |
00:03:42 | 00:03:45 | third month and their good thing about |
00:03:44 | 00:03:49 | ebooks is they're also extremely |
00:03:45 | 00:03:50 | extremely cheap to keep stored in the |
00:03:49 | 00:03:52 | Amazon warehouse it's gonna be like I |
00:03:50 | 00:03:54 | think a small paperback was like two to |
00:03:52 | 00:03:56 | three cents per month so maybe a larger |
00:03:54 | 00:03:58 | hardcover is gonna be a four or five six |
00:03:56 | 00:04:00 | cents a month I mean pennies on the |
00:03:58 | 00:04:02 | dollar store two books so I mean if you |
00:04:00 | 00:04:03 | buy a book for a dollar and you're |
00:04:02 | 00:04:05 | trying to sell it for twenty dollars and |
00:04:03 | 00:04:08 | it takes six months to sell I mean |
00:04:05 | 00:04:10 | you're gonna be paying like twelve the |
00:04:08 | 00:04:13 | 20 cents 25 cents depending on how big |
00:04:10 | 00:04:15 | the book is to store that item in once |
00:04:13 | 00:04:17 | it sells you're gonna make like fourteen |
00:04:15 | 00:04:19 | fifteen back in profit all just from |
00:04:17 | 00:04:21 | it's basically just a waiting game just |
00:04:19 | 00:04:24 | giving up as many books as you can now |
00:04:21 | 00:04:26 | the question is can you go over 1mill in |
00:04:24 | 00:04:27 | sales rank yes I mean I've sold books |
00:04:26 | 00:04:29 | all the way up slightly I think |
00:04:27 | 00:04:31 | four or five million cells ranked and |
00:04:29 | 00:04:34 | I've purchased books that were six or |
00:04:31 | 00:04:37 | seven million cells right now those six |
00:04:34 | 00:04:39 | or so seven million ranked books had a |
00:04:37 | 00:04:40 | price range of like one hundred fifty to |
00:04:39 | 00:04:43 | five hundred dollars so those are the |
00:04:40 | 00:04:45 | books that you maybe sell once every |
00:04:43 | 00:04:47 | twelve months once every two years but |
00:04:45 | 00:04:49 | if you can buy a book for $1 and it has |
00:04:47 | 00:04:51 | like a 4 million sales rank see you |
00:04:49 | 00:04:53 | don't know if it's gonna sell the day it |
00:04:51 | 00:04:55 | checks in the day it scans in the Amazon |
00:04:53 | 00:04:57 | or it's gonna take two years or so |
00:04:55 | 00:04:59 | honestly if it's a small in a book and |
00:04:57 | 00:05:00 | it's pennies on the dollar it doesn't |
00:04:59 | 00:05:01 | matter how long it takes itself you buy |
00:05:00 | 00:05:04 | it for a dollar and sell it two years |
00:05:01 | 00:05:06 | later five hundred bucks you're gonna be |
00:05:04 | 00:05:08 | glad that you let it sit there for two |
00:05:06 | 00:05:11 | years so the third step is obviously |
00:05:08 | 00:05:13 | gonna be sourcing the books to sell now |
00:05:11 | 00:05:14 | there are a bunch of different places |
00:05:13 | 00:05:16 | like I mentioned earlier that you can |
00:05:14 | 00:05:18 | actually source these books the most |
00:05:16 | 00:05:21 | popular ones being garage sales thrift |
00:05:18 | 00:05:23 | stores book sales which you can find on |
00:05:21 | 00:05:25 | book sale finder com garage sales |
00:05:23 | 00:05:27 | usually you can just drive around or you |
00:05:25 | 00:05:29 | can find them on garage sale finder com |
00:05:27 | 00:05:31 | already mentioned book sales thrift |
00:05:29 | 00:05:32 | stores like the Goodwill's the saver so |
00:05:31 | 00:05:34 | you can find this everywhere and also |
00:05:32 | 00:05:37 | check around your house your friends |
00:05:34 | 00:05:39 | house as well you never know what items |
00:05:37 | 00:05:40 | you don't think having a valued to |
00:05:39 | 00:05:43 | actually sell for twenty thirty fifty |
00:05:40 | 00:05:44 | dollars trust me it happens all the time |
00:05:43 | 00:05:47 | so make sure you check those places out |
00:05:44 | 00:05:49 | also within step three once you found a |
00:05:47 | 00:05:51 | couple different areas that you can |
00:05:49 | 00:05:53 | continuously source books for a profit |
00:05:51 | 00:05:56 | from you then need to understand where |
00:05:53 | 00:05:59 | the condition of that book comes into |
00:05:56 | 00:06:00 | play so on Amazon you have I think five |
00:05:59 | 00:06:04 | different conditions you can sell your |
00:06:00 | 00:06:06 | book in acceptable good very good like |
00:06:04 | 00:06:09 | new in new so five different options you |
00:06:06 | 00:06:11 | can sell your book now it's all kind of |
00:06:09 | 00:06:13 | based off of the condition of the book |
00:06:11 | 00:06:15 | so if you have stains if you have ribs |
00:06:13 | 00:06:17 | make sure you qualify that to each one |
00:06:15 | 00:06:19 | so if it's a pretty crappy book and |
00:06:17 | 00:06:20 | you're like who would ever want this |
00:06:19 | 00:06:22 | you're probably gonna want it is |
00:06:20 | 00:06:24 | acceptable but if that book is maybe |
00:06:22 | 00:06:26 | been used two or three times |
00:06:24 | 00:06:28 | it's spotless you can try selling it's |
00:06:26 | 00:06:31 | like new or if you think the book is a |
00:06:28 | 00:06:33 | new condition sold is new it all depends |
00:06:31 | 00:06:36 | and also based off the competition |
00:06:33 | 00:06:37 | you're also gonna be able to uh price |
00:06:36 | 00:06:40 | your item higher so obviously the better |
00:06:37 | 00:06:41 | condition of that book the higher price |
00:06:40 | 00:06:44 | you're gonna be able to solve up |
00:06:41 | 00:06:46 | four so step four is gonna be actually |
00:06:44 | 00:06:48 | creating your shipment so once you build |
00:06:46 | 00:06:50 | up a nice stok of anywhere from twenty |
00:06:48 | 00:06:52 | to thirty books so you can be able to |
00:06:50 | 00:06:54 | profitably sell on Amazon it's now about |
00:06:52 | 00:06:55 | creating the shipment so once you've |
00:06:54 | 00:06:57 | created your shipment you're then gonna |
00:06:55 | 00:06:59 | have to label the products so that |
00:06:57 | 00:07:02 | amazon knows what that product is and |
00:06:59 | 00:07:04 | obviously which one is sell for now it's |
00:07:02 | 00:07:06 | a lot easier than most people think okay |
00:07:04 | 00:07:08 | you have two different options when it |
00:07:06 | 00:07:11 | comes to actually labeling the product |
00:07:08 | 00:07:13 | you can label it yourself or you can |
00:07:11 | 00:07:14 | have Amazon label it so if you were to |
00:07:13 | 00:07:17 | have Amazon label it they're gonna |
00:07:14 | 00:07:19 | charge you 20 cents per per unit per |
00:07:17 | 00:07:21 | book whatever you're sending to Amazon |
00:07:19 | 00:07:22 | and you just pack them all in the Box |
00:07:21 | 00:07:24 | send them to Amazon Amazon will label |
00:07:22 | 00:07:26 | them for you and then put them back for |
00:07:24 | 00:07:28 | sell in Amazon but if you're doing a |
00:07:26 | 00:07:30 | larger quantity and you want to save |
00:07:28 | 00:07:32 | some money for it so if you're doing |
00:07:30 | 00:07:34 | like hundred books 200 books you can |
00:07:32 | 00:07:36 | actually just label them yourselves all |
00:07:34 | 00:07:38 | you need is a printer in some thirty up |
00:07:36 | 00:07:40 | labels which you can get on Amazon you |
00:07:38 | 00:07:42 | get like a thousand individual labels |
00:07:40 | 00:07:44 | for like ten dollars on Amazon order |
00:07:42 | 00:07:47 | them two days shaving your house boom |
00:07:44 | 00:07:48 | print out the label contents on the |
00:07:47 | 00:07:49 | labels paste it off and put it on the |
00:07:48 | 00:07:52 | back of the book and you're good to go |
00:07:49 | 00:07:53 | so now that you've correctly labeled |
00:07:52 | 00:07:56 | your products and ready to send them to |
00:07:53 | 00:07:58 | Amazon it all depends on the shipment |
00:07:56 | 00:07:59 | plan that you have selected now there |
00:07:58 | 00:08:02 | are two different options in your |
00:07:59 | 00:08:03 | shipment settings wind sending products |
00:08:02 | 00:08:05 | to Amazon the one that I recommend is |
00:08:03 | 00:08:07 | the inventory placement the option that |
00:08:05 | 00:08:10 | you can send everything to one warehouse |
00:08:07 | 00:08:12 | it makes it a lot easier for instance if |
00:08:10 | 00:08:13 | you have like twenty to thirty books you |
00:08:12 | 00:08:15 | can fit all those in one box you're |
00:08:13 | 00:08:16 | gonna save a little bit more on shipping |
00:08:15 | 00:08:19 | now don't get me wrong |
00:08:16 | 00:08:21 | the shipping discount that you get from |
00:08:19 | 00:08:24 | UPS FedEx whatever carrier that you |
00:08:21 | 00:08:26 | select has an extreme extreme discount |
00:08:24 | 00:08:29 | from Amazon because Amazon is just doing |
00:08:26 | 00:08:30 | a crazy amount of volume through those |
00:08:29 | 00:08:32 | carriers so don't really worry about |
00:08:30 | 00:08:35 | that I usually see anywhere from thirty |
00:08:32 | 00:08:37 | to thirty five cents per pound so it's |
00:08:35 | 00:08:40 | gonna cost me around I don't know 20 |
00:08:37 | 00:08:41 | cents to around 30 cents per book which |
00:08:40 | 00:08:43 | is actually pretty good sin that from |
00:08:41 | 00:08:46 | your house to Amazon and then pay those |
00:08:43 | 00:08:48 | really really cheap storage fees every |
00:08:46 | 00:08:51 | month for the product now the fifth step |
00:08:48 | 00:08:53 | honestly is just to stay consistent with |
00:08:51 | 00:08:55 | your business keep sourcing books keep |
00:08:53 | 00:08:57 | sending shipments to em |
00:08:55 | 00:08:59 | keep managing your active listings |
00:08:57 | 00:09:00 | checking the prices making sure if you |
00:08:59 | 00:09:02 | want to be the lowest price in that |
00:09:00 | 00:09:04 | first sale you make sure you have the |
00:09:02 | 00:09:05 | lowest price if you want to kind of wait |
00:09:04 | 00:09:07 | a little bit longer you wait a couple |
00:09:05 | 00:09:09 | months try to extract a couple extra |
00:09:07 | 00:09:11 | dollars for that listing wait a little |
00:09:09 | 00:09:13 | bit longer it's all up to you just make |
00:09:11 | 00:09:16 | sure you keep up the process and you |
00:09:13 | 00:09:18 | will reach that hundred dollars a day |
00:09:16 | 00:09:21 | range and beyond guys I mean I've had |
00:09:18 | 00:09:22 | some crazy dog crazy crazy days it all |
00:09:21 | 00:09:23 | depends on the time of the year |
00:09:22 | 00:09:26 | obviously if you're going out there lots |
00:09:23 | 00:09:28 | of textbooks and stuff when the new |
00:09:26 | 00:09:29 | semesters the new school seasons are |
00:09:28 | 00:09:31 | starting you're gonna see a nice spike |
00:09:29 | 00:09:33 | in sales so that's just something to |
00:09:31 | 00:09:35 | look out for and books honestly guys are |
00:09:33 | 00:09:38 | like the easiest business to start you |
00:09:35 | 00:09:39 | don't really need much money to purchase |
00:09:38 | 00:09:42 | them and I usually purchase books like a |
00:09:39 | 00:09:43 | dollar two dollars max sometimes they |
00:09:42 | 00:09:45 | even get them for 50 cents it all |
00:09:43 | 00:09:46 | depends on their children's book their |
00:09:45 | 00:09:48 | big book large book just make sure you |
00:09:46 | 00:09:50 | source from different locations as well |
00:09:48 | 00:09:52 | I personally recommend you go to book |
00:09:50 | 00:09:54 | self finder calm select your state and |
00:09:52 | 00:09:56 | go around your city and try to find the |
00:09:54 | 00:09:57 | sales that are around those weekends and |
00:09:56 | 00:10:00 | just go out there and find as many |
00:09:57 | 00:10:02 | profitable books as you can get that |
00:10:00 | 00:10:05 | shipment ready send up to Amazon and |
00:10:02 | 00:10:07 | make that money while you sleep also if |
00:10:05 | 00:10:09 | you guys are interested and how I've |
00:10:07 | 00:10:11 | made up to some twenty five thousand |
00:10:09 | 00:10:12 | dollar months selling private label |
00:10:11 | 00:10:14 | products on Amazon make sure you click |
00:10:12 | 00:10:17 | the first link in the description |
00:10:14 | 00:10:18 | anyways that's it for this video on how |
00:10:17 | 00:10:21 | to make a hundred dollars a day selling |
00:10:18 | 00:10:23 | books on Amazon if you guys enjoyed this |
00:10:21 | 00:10:25 | video please feel free to comment loath |
00:10:23 | 00:10:27 | any questions and/or video ideas you |
00:10:25 | 00:10:29 | would like to see in the future also |
00:10:27 | 00:10:31 | don't forget to Like and subscribe as |
00:10:29 | 00:10:33 | I'm always giving away different tips |
00:10:31 | 00:10:36 | and tricks on how to make money online |
00:10:33 | 00:10:38 | and on that note I'll see you guys next |
00:10:36 | 00:10:38 | video |
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