How To Make $1,000 A Month Selling Used Books On Amazon FBA | STEP-BY-STEP Beginners Guide
Published on: November 30 2022 by Carter Maxwell
How To Make $1,000 A Month Selling Used Books On Amazon FBA | STEP-BY-STEP Beginners Guide
Table of Contents
How To Make $1,000 A Month Selling Used Books On Amazon FBA | STEP-BY-STEP Beginners Guide
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| 00:00:00 | 00:00:04 | what's up everyone Carter Maxwell here |
| 00:00:02 | 00:00:07 | and in this video I'll be going over how |
| 00:00:04 | 00:00:10 | you can make your first $1,000 selling |
| 00:00:07 | 00:00:12 | used books on Amazon FBA so the plan for |
| 00:00:10 | 00:00:14 | this video is to address some different |
| 00:00:12 | 00:00:16 | questions that I've had on my past book |
| 00:00:14 | 00:00:19 | selling videos go over some of the more |
| 00:00:16 | 00:00:21 | important tips the more important steps |
| 00:00:19 | 00:00:23 | to building a successful book business |
| 00:00:21 | 00:00:26 | as well as where you can cheaply source |
| 00:00:23 | 00:00:28 | books that are profitable to sell back |
| 00:00:26 | 00:00:30 | on Amazon FBA so before we get to the |
| 00:00:28 | 00:00:31 | content in this video I thought I'd tok |
| 00:00:30 | 00:00:33 | quick little story about one of the |
| 00:00:31 | 00:00:36 | friends that I actually taught this on |
| 00:00:33 | 00:00:37 | Amazon he just let me know a couple days |
| 00:00:36 | 00:00:41 | ago that he sold a book on Amazon for |
| 00:00:37 | 00:00:43 | over $350 which is absolutely insane |
| 00:00:41 | 00:00:45 | because I remember him working at the |
| 00:00:43 | 00:00:48 | local grocery store for like $8 an hour |
| 00:00:45 | 00:00:50 | now he's been selling books on Amazon |
| 00:00:48 | 00:00:51 | for the past 3 or 4 months I'd say and |
| 00:00:50 | 00:00:54 | he's been doing it part-time while still |
| 00:00:51 | 00:00:55 | in high school so that's the reason that |
| 00:00:54 | 00:00:57 | I really like to push these books |
| 00:00:55 | 00:00:59 | selling videos on Amazon and on YouTube |
| 00:00:57 | 00:01:01 | because anyone can do it it doesn't |
| 00:00:59 | 00:01:03 | matter if you're still if you're still |
| 00:01:01 | 00:01:05 | in school if you're in college they have |
| 00:01:03 | 00:01:07 | a full-time job you can do this book |
| 00:01:05 | 00:01:08 | selling business that you're own right |
| 00:01:07 | 00:01:11 | at your own speed and during your own |
| 00:01:08 | 00:01:12 | time during the day and whenever you |
| 00:01:11 | 00:01:14 | sell book on Amazon Amazon is gonna |
| 00:01:12 | 00:01:16 | fulfill that book for you so if you |
| 00:01:14 | 00:01:18 | still 10 bucks today 20 books today it |
| 00:01:16 | 00:01:20 | doesn't matter Amazon is gonna do all |
| 00:01:18 | 00:01:21 | the fulfillment for you so I was a quick |
| 00:01:20 | 00:01:22 | little story I thought to let you know |
| 00:01:21 | 00:01:24 | right before we get into the content |
| 00:01:22 | 00:01:26 | throughout this video I'll be going over |
| 00:01:24 | 00:01:28 | a few different steps that you should |
| 00:01:26 | 00:01:30 | take in order to build a successful and |
| 00:01:28 | 00:01:33 | profitable Amazon book business where |
| 00:01:30 | 00:01:36 | exactly you can source profitable use |
| 00:01:33 | 00:01:37 | books and various other helpful tips so |
| 00:01:36 | 00:01:39 | let's get right into it |
| 00:01:37 | 00:01:42 | step one you're gonna have to create |
| 00:01:39 | 00:01:44 | your amazon seller account now that you |
| 00:01:42 | 00:01:45 | have two different payment plans when it |
| 00:01:44 | 00:01:47 | comes to creating your account the |
| 00:01:45 | 00:01:49 | individual seller plant and the |
| 00:01:47 | 00:01:51 | professional seller plan now the only |
| 00:01:49 | 00:01:52 | reason that you would want to do the |
| 00:01:51 | 00:01:55 | professional souther plan is if you |
| 00:01:52 | 00:01:56 | think you're gonna sell over 40 items a |
| 00:01:55 | 00:01:58 | month and I personally think it's a good |
| 00:01:56 | 00:02:00 | thing to start out with the professional |
| 00:01:58 | 00:02:02 | side plan so it kind of motivates you to |
| 00:02:00 | 00:02:04 | actually stik with the business and get |
| 00:02:02 | 00:02:06 | up as many products as you can now if |
| 00:02:04 | 00:02:07 | you're on a lower of a budget and you |
| 00:02:06 | 00:02:09 | don't really want to make that $40 |
| 00:02:07 | 00:02:10 | monthly payment you can just do the |
| 00:02:09 | 00:02:13 | individual seller plan and it's gonna be |
| 00:02:10 | 00:02:15 | a 99 cent fee for each item that you so |
| 00:02:13 | 00:02:16 | now that you've signed up for your |
| 00:02:15 | 00:02:18 | amazon seller account the next thing |
| 00:02:16 | 00:02:20 | you're going to want to do is download |
| 00:02:18 | 00:02:22 | the Amazon seller app sign into the app |
| 00:02:20 | 00:02:24 | and then you're ready to go to start |
| 00:02:22 | 00:02:26 | scanning books and see if they are |
| 00:02:24 | 00:02:27 | profitable or not and the next step I'm |
| 00:02:26 | 00:02:29 | going to show you how exactly you should |
| 00:02:27 | 00:02:30 | analyze ebooks see if there's enough |
| 00:02:29 | 00:02:33 | profit to be made in these ebooks |
| 00:02:30 | 00:02:35 | understand what a sales rank is what a |
| 00:02:33 | 00:02:37 | good sales rank is for a book and how to |
| 00:02:35 | 00:02:40 | determine the condition of a book so in |
| 00:02:37 | 00:02:43 | a step to understanding what a sales |
| 00:02:40 | 00:02:45 | rank is so on Amazon each individual |
| 00:02:43 | 00:02:47 | product has its own sales rank based on |
| 00:02:45 | 00:02:49 | how well and how often that individual |
| 00:02:47 | 00:02:51 | product is selling so the lower the |
| 00:02:49 | 00:02:53 | sales rank that product has the more |
| 00:02:51 | 00:02:55 | often it's selling on Amazon and when it |
| 00:02:53 | 00:02:57 | comes to sells ring for books I highly |
| 00:02:55 | 00:02:59 | recommend that you stay under a 1 |
| 00:02:57 | 00:03:01 | million sales rate at least when you're |
| 00:02:59 | 00:03:03 | starting out now you can go into some |
| 00:03:01 | 00:03:06 | higher sales rank books if the profits |
| 00:03:03 | 00:03:08 | at least 20 30 or $40 higher and I'll |
| 00:03:06 | 00:03:10 | show you a few examples of that a little |
| 00:03:08 | 00:03:12 | bit later on in this video now when it |
| 00:03:10 | 00:03:15 | comes to under a hundred thousand sales |
| 00:03:12 | 00:03:17 | rank under 50,000 sales rank those could |
| 00:03:15 | 00:03:18 | skin those could sell the day they check |
| 00:03:17 | 00:03:20 | in an Amazon warehouse or sometime |
| 00:03:18 | 00:03:22 | within that week because under a hundred |
| 00:03:20 | 00:03:23 | thousand sales rank that book is most |
| 00:03:22 | 00:03:25 | likely selling a few different times |
| 00:03:23 | 00:03:27 | throughout the week now that you |
| 00:03:25 | 00:03:29 | understand what a bestsellers rank is |
| 00:03:27 | 00:03:31 | you not either understand how to price |
| 00:03:29 | 00:03:34 | your books on Amazon and for new sellers |
| 00:03:31 | 00:03:35 | a lot of them like to base the market |
| 00:03:34 | 00:03:38 | price of that book based on what the |
| 00:03:35 | 00:03:40 | lowest price is and most most times the |
| 00:03:38 | 00:03:41 | lowest price for that book are gonna be |
| 00:03:40 | 00:03:44 | from merchants sellers now when you're |
| 00:03:41 | 00:03:47 | using FBA you are going to be competing |
| 00:03:44 | 00:03:49 | against other FBA sellers and FBA |
| 00:03:47 | 00:03:51 | sellers tend to get higher price points |
| 00:03:49 | 00:03:53 | tend to sell their books for higher |
| 00:03:51 | 00:03:55 | prices than what merchant sellers sell |
| 00:03:53 | 00:03:58 | theirs for because FBA products are |
| 00:03:55 | 00:03:59 | going to be eligible for 2-day free |
| 00:03:58 | 00:04:02 | shipping on Amazon so people are going |
| 00:03:59 | 00:04:03 | to be willing to pay a lot more so make |
| 00:04:02 | 00:04:05 | sure that when you're scanning books and |
| 00:04:03 | 00:04:06 | you're trying to analyze the market |
| 00:04:05 | 00:04:08 | price for that book make sure you were |
| 00:04:06 | 00:04:10 | looking at FBA prices and not the |
| 00:04:08 | 00:04:12 | merchant fulfilled prices now as an |
| 00:04:10 | 00:04:14 | Amazon bookseller understanding the |
| 00:04:12 | 00:04:17 | condition of a book is extremely |
| 00:04:14 | 00:04:18 | important as a seller because condition |
| 00:04:17 | 00:04:20 | of the book plays a big role and where |
| 00:04:18 | 00:04:22 | exactly you're going to price your book |
| 00:04:20 | 00:04:23 | obviously the better condition of the |
| 00:04:22 | 00:04:25 | book the higher price point you're going |
| 00:04:23 | 00:04:26 | to be able to sell it for now a quick |
| 00:04:25 | 00:04:27 | example right here when you go to |
| 00:04:26 | 00:04:29 | allotted |
| 00:04:27 | 00:04:31 | library sales and stuff like that you're |
| 00:04:29 | 00:04:33 | gonna run in Ex library books as you can |
| 00:04:31 | 00:04:35 | see there's usually like a stiker right |
| 00:04:33 | 00:04:37 | here and then there's a stiker on the |
| 00:04:35 | 00:04:39 | back and usually there's something maybe |
| 00:04:37 | 00:04:42 | inside where there's another as well |
| 00:04:39 | 00:04:45 | when it comes to X library books I never |
| 00:04:42 | 00:04:46 | put them a condition over very good I |
| 00:04:45 | 00:04:48 | mean they're only usually good or |
| 00:04:46 | 00:04:50 | acceptable so when it comes to X library |
| 00:04:48 | 00:04:52 | of books you just can't really get away |
| 00:04:50 | 00:04:53 | with very good I mean you could but |
| 00:04:52 | 00:04:56 | think of it in the sense as what if |
| 00:04:53 | 00:04:57 | you're buying a very good book on Amazon |
| 00:04:56 | 00:04:59 | and you get it and it's some X library |
| 00:04:57 | 00:05:01 | book with a bunch of stikers on the |
| 00:04:59 | 00:05:02 | front a bunch of writing and stikers on |
| 00:05:01 | 00:05:04 | the side like are you gonna be happy |
| 00:05:02 | 00:05:05 | with that so when it comes to being like |
| 00:05:04 | 00:05:07 | a seller on Amazon you have to be able |
| 00:05:05 | 00:05:10 | to determine the different condition |
| 00:05:07 | 00:05:11 | notes of a book now luckily as an Amazon |
| 00:05:10 | 00:05:14 | seller you actually have five different |
| 00:05:11 | 00:05:16 | condition notes that you can choose from |
| 00:05:14 | 00:05:19 | for your books you have acceptable good |
| 00:05:16 | 00:05:21 | very good like new in new so five |
| 00:05:19 | 00:05:23 | different conditions that you can pick |
| 00:05:21 | 00:05:25 | from now don't be the person don't be |
| 00:05:23 | 00:05:28 | the seller that lies about the condition |
| 00:05:25 | 00:05:29 | of the book if a book has some folded |
| 00:05:28 | 00:05:31 | pages or maybe if there are some |
| 00:05:29 | 00:05:32 | markings in it and you think you can get |
| 00:05:31 | 00:05:34 | will get get away with very good |
| 00:05:32 | 00:05:36 | condition or like new condition well the |
| 00:05:34 | 00:05:38 | worst case scenario is someone can go in |
| 00:05:36 | 00:05:40 | order that book that's very good or like |
| 00:05:38 | 00:05:42 | new condition they get that book and |
| 00:05:40 | 00:05:43 | they're not satisfied with a condition |
| 00:05:42 | 00:05:45 | another book maybe there's something |
| 00:05:43 | 00:05:46 | that's folded in the book maybe there's |
| 00:05:45 | 00:05:48 | some riding inside of it and then |
| 00:05:46 | 00:05:50 | they're gonna result in leaving you a |
| 00:05:48 | 00:05:52 | negative feedback on your seller couch |
| 00:05:50 | 00:05:53 | which is gonna hurt your metrics it's |
| 00:05:52 | 00:05:56 | gonna hurt your chance of winning the |
| 00:05:53 | 00:05:58 | buy box for future books so you just |
| 00:05:56 | 00:05:59 | really don't want to mess around with |
| 00:05:58 | 00:06:01 | different sellers making a sellers |
| 00:05:59 | 00:06:04 | unhappy so make sure that you're honest |
| 00:06:01 | 00:06:06 | when it comes to putting the condition |
| 00:06:04 | 00:06:08 | for your book so step number three is |
| 00:06:06 | 00:06:10 | going to be sourcing your books now |
| 00:06:08 | 00:06:12 | there are a ton of different locations |
| 00:06:10 | 00:06:14 | and places that you can source books |
| 00:06:12 | 00:06:16 | from if a beaker Rodge sales thrift |
| 00:06:14 | 00:06:18 | stores book sales or even around your |
| 00:06:16 | 00:06:20 | house there are great ways to source |
| 00:06:18 | 00:06:21 | books and there you can usually get them |
| 00:06:20 | 00:06:25 | pretty cheaply around anywhere from an |
| 00:06:21 | 00:06:26 | average buy cost of around $1 to $3 so |
| 00:06:25 | 00:06:28 | within this step I'm going to break down |
| 00:06:26 | 00:06:31 | some of the more popular places that you |
| 00:06:28 | 00:06:32 | can go to source books and how exactly |
| 00:06:31 | 00:06:34 | you can scale your book business by |
| 00:06:32 | 00:06:36 | going to these certain places and buying |
| 00:06:34 | 00:06:38 | in bulk the first place that you can |
| 00:06:36 | 00:06:40 | source books from are going to be garage |
| 00:06:38 | 00:06:41 | sales my garage sales are a great way to |
| 00:06:40 | 00:06:43 | get |
| 00:06:41 | 00:06:46 | for an extremely extremely low by cost |
| 00:06:43 | 00:06:48 | because all prices at garage sales are |
| 00:06:46 | 00:06:50 | usually negotiable so if you can bundle |
| 00:06:48 | 00:06:51 | couple of books together or a couple of |
| 00:06:50 | 00:06:52 | different items together usually you can |
| 00:06:51 | 00:06:55 | get your buy cost anywhere under a |
| 00:06:52 | 00:06:57 | dollar or fifty cents now when it comes |
| 00:06:55 | 00:06:58 | to garage sales I mean they're hit or |
| 00:06:57 | 00:07:00 | miss some garage sales are gonna have |
| 00:06:58 | 00:07:02 | like 50 bucks give me a nice collection |
| 00:07:00 | 00:07:04 | and some garage sales there might not be |
| 00:07:02 | 00:07:06 | any books it's kind of a hit or miss |
| 00:07:04 | 00:07:07 | it's something that you can just kind of |
| 00:07:06 | 00:07:08 | roll up to see if there's anything good |
| 00:07:07 | 00:07:10 | in there if there's not just go to the |
| 00:07:08 | 00:07:12 | next garage sales are also a huge |
| 00:07:10 | 00:07:14 | opportunity for people looking to get |
| 00:07:12 | 00:07:16 | rid of things that they under value so |
| 00:07:14 | 00:07:17 | maybe if they went to college for a |
| 00:07:16 | 00:07:19 | different subject maybe they're looking |
| 00:07:17 | 00:07:21 | ready to get old textbooks I'm old |
| 00:07:19 | 00:07:23 | self-help books those are the really |
| 00:07:21 | 00:07:25 | really big money is so if you can find |
| 00:07:23 | 00:07:27 | those get them for an extremely low buy |
| 00:07:25 | 00:07:29 | cost garage sales are probably gonna be |
| 00:07:27 | 00:07:31 | your best way to find those really |
| 00:07:29 | 00:07:33 | really high margin high profit books so |
| 00:07:31 | 00:07:35 | the second place you can source books |
| 00:07:33 | 00:07:36 | from are going to be thrift stores now |
| 00:07:35 | 00:07:38 | what I really like about thrift stores |
| 00:07:36 | 00:07:40 | is depending on where you live they are |
| 00:07:38 | 00:07:43 | everywhere and they're open most the |
| 00:07:40 | 00:07:44 | time seven days a week so if you want to |
| 00:07:43 | 00:07:46 | take a trip somewhere you want to go out |
| 00:07:44 | 00:07:47 | all day they're gonna be open from the |
| 00:07:46 | 00:07:49 | morning and sell the evening and with |
| 00:07:47 | 00:07:52 | when you're in thrift stores there are |
| 00:07:49 | 00:07:54 | thousands and thousands of books that |
| 00:07:52 | 00:07:56 | you can scan from in each and every day |
| 00:07:54 | 00:07:58 | the workers at those stores are updating |
| 00:07:56 | 00:08:00 | the shelves with new books that have |
| 00:07:58 | 00:08:02 | been picked over yet which gives you a |
| 00:08:00 | 00:08:03 | really big opportunity to go in actually |
| 00:08:02 | 00:08:05 | go to certain sections because usually |
| 00:08:03 | 00:08:07 | good wills and savers will have a |
| 00:08:05 | 00:08:08 | certain sections or certain books |
| 00:08:07 | 00:08:11 | sectioned off depending on what the John |
| 00:08:08 | 00:08:13 | were is if it's like a history book if |
| 00:08:11 | 00:08:15 | it's gonna be a textbook children's |
| 00:08:13 | 00:08:17 | books things like that so you can easily |
| 00:08:15 | 00:08:19 | be a lot more efficient in these thrift |
| 00:08:17 | 00:08:21 | stores now when sourcing books at thrift |
| 00:08:19 | 00:08:23 | stores compared to garage sales the |
| 00:08:21 | 00:08:25 | prices are gonna be a lot higher up |
| 00:08:23 | 00:08:27 | there stores anywhere usually depends on |
| 00:08:25 | 00:08:29 | if it's a hardback or paperback anywhere |
| 00:08:27 | 00:08:31 | from probably two to four dollars per |
| 00:08:29 | 00:08:33 | book now you just need to adjust do not |
| 00:08:31 | 00:08:35 | gonna be able to have the same mindset |
| 00:08:33 | 00:08:36 | that you have at a garage so or oh I'm |
| 00:08:35 | 00:08:38 | gonna buy this book for a dollar and |
| 00:08:36 | 00:08:39 | make a minimum $5 profit well now you're |
| 00:08:38 | 00:08:41 | gonna be paying anywhere from three to |
| 00:08:39 | 00:08:43 | four dollars per book and instead of a |
| 00:08:41 | 00:08:44 | minimum five dollar profit you're |
| 00:08:43 | 00:08:46 | probably gonna want at least a six or |
| 00:08:44 | 00:08:48 | seven dollar profit depending on the |
| 00:08:46 | 00:08:50 | sells regular book and how quickly it's |
| 00:08:48 | 00:08:52 | selling so the third and final location |
| 00:08:50 | 00:08:54 | I'll be toking about where you can |
| 00:08:52 | 00:08:55 | source books from are going to be book |
| 00:08:54 | 00:08:56 | sales now |
| 00:08:55 | 00:08:58 | if you're interested in finding book |
| 00:08:56 | 00:09:00 | sales I usually look on the website |
| 00:08:58 | 00:09:02 | called book sale finder calm |
| 00:09:00 | 00:09:03 | I go to my state and it shows all the |
| 00:09:02 | 00:09:05 | sales for the next couple of months |
| 00:09:03 | 00:09:07 | mapped out where exactly they are in an |
| 00:09:05 | 00:09:09 | estimate of how many books are gonna be |
| 00:09:07 | 00:09:11 | at those sales now what I really like |
| 00:09:09 | 00:09:13 | about book sales is that you're gonna be |
| 00:09:11 | 00:09:14 | able to purchase books and bulk and |
| 00:09:13 | 00:09:17 | they're not going to be picked over and |
| 00:09:14 | 00:09:19 | what I mean by not picked over is that |
| 00:09:17 | 00:09:21 | when it comes to like thrift stores and |
| 00:09:19 | 00:09:22 | stuff someone like before you get there |
| 00:09:21 | 00:09:24 | someone might have already come in and |
| 00:09:22 | 00:09:26 | scan every single book there and got |
| 00:09:24 | 00:09:28 | every profitable book so then when you |
| 00:09:26 | 00:09:30 | show up you can't find anything now when |
| 00:09:28 | 00:09:31 | it comes to these book sales most likely |
| 00:09:30 | 00:09:33 | they're not going to be picked over |
| 00:09:31 | 00:09:35 | which means it's free game which means |
| 00:09:33 | 00:09:37 | you need to be the first one in line |
| 00:09:35 | 00:09:39 | when that book so opens so that you can |
| 00:09:37 | 00:09:41 | go to the most profitable sections and |
| 00:09:39 | 00:09:43 | get every single book that's gonna make |
| 00:09:41 | 00:09:45 | you money and I personally think that |
| 00:09:43 | 00:09:47 | book sales are gonna be the best way for |
| 00:09:45 | 00:09:49 | you to make a ton of money in a very |
| 00:09:47 | 00:09:50 | very short amount of time because I mean |
| 00:09:49 | 00:09:52 | I can tell you a story of where I walked |
| 00:09:50 | 00:09:54 | in the book sales before and just come |
| 00:09:52 | 00:09:56 | out with like two or two hundred fifty |
| 00:09:54 | 00:09:58 | three hundred profitable books and let's |
| 00:09:56 | 00:09:59 | just say each of those books are making |
| 00:09:58 | 00:10:01 | me five dollars profit I just walked in |
| 00:09:59 | 00:10:03 | and probably spent anywhere from around |
| 00:10:01 | 00:10:06 | 200 to 300 dollars probably just saying |
| 00:10:03 | 00:10:07 | an average of a $1 buy cost per book and |
| 00:10:06 | 00:10:09 | if I'm making at least anywhere from |
| 00:10:07 | 00:10:11 | five to ten dollars profit per book I |
| 00:10:09 | 00:10:13 | mean that's anywhere from two thousand |
| 00:10:11 | 00:10:15 | and three thousand dollars profit from |
| 00:10:13 | 00:10:16 | that one haul depending on how long it |
| 00:10:15 | 00:10:18 | took me even if it took me a couple |
| 00:10:16 | 00:10:20 | hours I'm in the same location I'm |
| 00:10:18 | 00:10:22 | buying in bulk and when you're buying a |
| 00:10:20 | 00:10:24 | book at these books is usually you can |
| 00:10:22 | 00:10:26 | negotiate and get a bulk discount or |
| 00:10:24 | 00:10:28 | sometimes on the different sites they'll |
| 00:10:26 | 00:10:30 | have different sales on the last day |
| 00:10:28 | 00:10:31 | like maybe you fill a bag sell for five |
| 00:10:30 | 00:10:34 | dollars will they give you like a |
| 00:10:31 | 00:10:36 | grocery bag and if you can fit as many |
| 00:10:34 | 00:10:38 | books in that bag as you can for five |
| 00:10:36 | 00:10:40 | dollars so maybe instead of paying $1.00 |
| 00:10:38 | 00:10:41 | per book you can fit ten dollars into |
| 00:10:40 | 00:10:43 | that bag and you're only paying five |
| 00:10:41 | 00:10:46 | dollars which make your your buy cost |
| 00:10:43 | 00:10:48 | per book fifty cents times two hundred |
| 00:10:46 | 00:10:50 | bucks you're saving a hundred bucks 150 |
| 00:10:48 | 00:10:52 | bucks depending on the quantity that |
| 00:10:50 | 00:10:53 | you're buying so let's get into a few |
| 00:10:52 | 00:10:55 | live examples of books that will |
| 00:10:53 | 00:10:57 | actually scan and I'll analyze the data |
| 00:10:55 | 00:10:59 | for you guys so starting out the first |
| 00:10:57 | 00:11:01 | book alright the use is just the Amazon |
| 00:10:59 | 00:11:03 | seller up on your phone use the scanning |
| 00:11:01 | 00:11:06 | feature and just scan the barcode on the |
| 00:11:03 | 00:11:07 | book then it's going to be able to pull |
| 00:11:06 | 00:11:07 | up you not be able to see it on the |
| 00:11:07 | 00:11:09 | camera |
| 00:11:07 | 00:11:11 | I'll put hopefully I'll try to put up |
| 00:11:09 | 00:11:13 | being shot on the video someone they |
| 00:11:11 | 00:11:16 | analyzed this book real quick so a sales |
| 00:11:13 | 00:11:19 | rank of 250 1000 and the spook is |
| 00:11:16 | 00:11:21 | obviously used now you can see that the |
| 00:11:19 | 00:11:24 | lowest price for this book is 7 dollars |
| 00:11:21 | 00:11:26 | and 27 cents now remember we're selling |
| 00:11:24 | 00:11:28 | these books on FBA we're doing |
| 00:11:26 | 00:11:31 | fulfillment by Amazon as you can see |
| 00:11:28 | 00:11:34 | there are no current offers for this |
| 00:11:31 | 00:11:35 | book there are zero zero offers for this |
| 00:11:34 | 00:11:38 | book which means we can price it |
| 00:11:35 | 00:11:40 | whatever price point that we want so now |
| 00:11:38 | 00:11:43 | that I'm scrolling through and looking |
| 00:11:40 | 00:11:45 | at some of the different price points it |
| 00:11:43 | 00:11:47 | quickly shoots up to about 14 dollars |
| 00:11:45 | 00:11:50 | for a very good condition so now that we |
| 00:11:47 | 00:11:51 | can price it out whatever we want |
| 00:11:50 | 00:11:53 | there's no sellers selling it FBA |
| 00:11:51 | 00:11:56 | I would probably price this buck around |
| 00:11:53 | 00:11:59 | $14.99 even though the lowest price is |
| 00:11:56 | 00:12:01 | 727 that's for a merchant seller our |
| 00:11:59 | 00:12:03 | products are eligible for 2-day prime |
| 00:12:01 | 00:12:05 | shipping and people will pay a lot more |
| 00:12:03 | 00:12:07 | money to be able to have that two-day |
| 00:12:05 | 00:12:10 | prime shipping feature so most likely |
| 00:12:07 | 00:12:11 | with no other sellers even if it's a |
| 00:12:10 | 00:12:14 | good condition because this was a book |
| 00:12:11 | 00:12:16 | that had had some library stikers on it |
| 00:12:14 | 00:12:18 | so I wouldn't I wouldn't list it over |
| 00:12:16 | 00:12:21 | good condition than that so a good |
| 00:12:18 | 00:12:24 | condition I priced it at $14.99 so let's |
| 00:12:21 | 00:12:27 | go to the next book let's see all right |
| 00:12:24 | 00:12:30 | let's use this big - this right here |
| 00:12:27 | 00:12:33 | this this is gonna be a higher sales |
| 00:12:30 | 00:12:36 | rank book I think yes this one is a 2 |
| 00:12:33 | 00:12:37 | million sales rank obviously it's a |
| 00:12:36 | 00:12:40 | Christmas book so it's probably not |
| 00:12:37 | 00:12:44 | gonna sell though Christmas time but the |
| 00:12:40 | 00:12:46 | lowest price FBA is $69 and 88 cents |
| 00:12:44 | 00:12:48 | which is a very very high price point |
| 00:12:46 | 00:12:50 | even though the rank is super high like |
| 00:12:48 | 00:12:52 | I mentioned you should stand our 1 |
| 00:12:50 | 00:12:54 | million sales rank well the only time |
| 00:12:52 | 00:12:56 | you should be going over a 1 million |
| 00:12:54 | 00:12:58 | sales rank is if your profit is |
| 00:12:56 | 00:13:00 | increasing so usually when I go over 1 |
| 00:12:58 | 00:13:03 | million sales rank I'm at least looking |
| 00:13:00 | 00:13:06 | for a 20 30 40 dollar profit per book |
| 00:13:03 | 00:13:08 | and a book selling around $70 I mean |
| 00:13:06 | 00:13:10 | this is a smaller book I'm not sure what |
| 00:13:08 | 00:13:12 | the storage fees would be probably went |
| 00:13:10 | 00:13:14 | anywhere from 5 cents 10 cents a month |
| 00:13:12 | 00:13:16 | so even if this book did not sell till |
| 00:13:14 | 00:13:19 | Christmas this is the month of February |
| 00:13:16 | 00:13:22 | right now so if it took 10 months for it |
| 00:13:19 | 00:13:22 | to sell and let's just say at the max |
| 00:13:22 | 00:13:25 | its |
| 00:13:22 | 00:13:27 | 10 cents per month for this book to be |
| 00:13:25 | 00:13:29 | stored at Amazon we're paying $1 in |
| 00:13:27 | 00:13:32 | storage fees let's just say we paid $1 |
| 00:13:29 | 00:13:34 | for the book so our total buy cost is $2 |
| 00:13:32 | 00:13:38 | if we're selling it for $70 |
| 00:13:34 | 00:13:41 | let's put into our Amazon calculator $70 |
| 00:13:38 | 00:13:43 | we're gonna be making $55 - the two |
| 00:13:41 | 00:13:44 | hours we paid for so we're gonna make in |
| 00:13:43 | 00:13:46 | 53 dollars in profit even though it took |
| 00:13:44 | 00:13:49 | 10 months to sell it doesn't matter |
| 00:13:46 | 00:13:51 | because we bought it for $1 storage fees |
| 00:13:49 | 00:13:53 | add it up and it's still a dollar so $2 |
| 00:13:51 | 00:13:55 | by cost even if it does take 10 months |
| 00:13:53 | 00:13:57 | to sell we'll still be able to make 53 |
| 00:13:55 | 00:14:00 | dollars in profit on it so honest step 4 |
| 00:13:57 | 00:14:02 | once you understand the sales rank how |
| 00:14:00 | 00:14:03 | to competitively price your book how to |
| 00:14:02 | 00:14:06 | determine the condition of your book and |
| 00:14:03 | 00:14:09 | where you can source books from once |
| 00:14:06 | 00:14:12 | you've built up a profitable collection |
| 00:14:09 | 00:14:13 | of anywhere from 30 40 50 100 profitable |
| 00:14:12 | 00:14:16 | books now it's time to create your |
| 00:14:13 | 00:14:18 | Amazon sellers shipment so now that you |
| 00:14:16 | 00:14:19 | have all your profitable books ready to |
| 00:14:18 | 00:14:22 | go you're gonna have to individually |
| 00:14:19 | 00:14:23 | enter each one into your shipping plan |
| 00:14:22 | 00:14:24 | so let's just say you have a hundred |
| 00:14:23 | 00:14:26 | books you're gonna have to take each |
| 00:14:24 | 00:14:29 | book put it into your shipping plan |
| 00:14:26 | 00:14:31 | choose a condition of the book do some |
| 00:14:29 | 00:14:33 | research to see what would be the best |
| 00:14:31 | 00:14:35 | price point to competitively price your |
| 00:14:33 | 00:14:37 | book on Amazon and then you're going to |
| 00:14:35 | 00:14:38 | enter into this shipping plan once all |
| 00:14:37 | 00:14:40 | your products are entered into this |
| 00:14:38 | 00:14:42 | shipping plan you're then gonna need to |
| 00:14:40 | 00:14:44 | label the products now you have two |
| 00:14:42 | 00:14:46 | different options when it comes to |
| 00:14:44 | 00:14:48 | labeling each product you can label them |
| 00:14:46 | 00:14:52 | yourself so usually I use like a 30 up |
| 00:14:48 | 00:14:54 | label sheet and Amazon be able to print |
| 00:14:52 | 00:14:57 | each of the SKUs each of the SKUs for |
| 00:14:54 | 00:14:59 | each book on the 30th label so for a |
| 00:14:57 | 00:15:01 | hundred hundred books it's gonna take |
| 00:14:59 | 00:15:03 | four pages it's pretty cheap all it is |
| 00:15:01 | 00:15:05 | is just the cost of the 30 up labels and |
| 00:15:03 | 00:15:08 | then the ink and you're gonna |
| 00:15:05 | 00:15:10 | individually pair tear off each little |
| 00:15:08 | 00:15:13 | label and put it over the barcode of the |
| 00:15:10 | 00:15:14 | book so the amazon knows when they |
| 00:15:13 | 00:15:16 | receive your shipment they scan that |
| 00:15:14 | 00:15:19 | book and boom it's active and for sale |
| 00:15:16 | 00:15:21 | on Amazon now the second option is to |
| 00:15:19 | 00:15:24 | have Amazon do that for you now they are |
| 00:15:21 | 00:15:26 | gonna charge you a small fee of 20 cents |
| 00:15:24 | 00:15:28 | per book so I mean a hundred books times |
| 00:15:26 | 00:15:30 | twenty cents it's not going to be too |
| 00:15:28 | 00:15:31 | much compared to if you were actually go |
| 00:15:30 | 00:15:33 | through the process have to order a |
| 00:15:31 | 00:15:35 | hundred sheets of 30 up labels so when |
| 00:15:33 | 00:15:36 | it comes down to it it's really your |
| 00:15:35 | 00:15:38 | choice I mean |
| 00:15:36 | 00:15:40 | are you willing to pay an extra 20 cents |
| 00:15:38 | 00:15:42 | to skip that process and have an Amazon |
| 00:15:40 | 00:15:44 | label them for you it's really all up to |
| 00:15:42 | 00:15:46 | you now once all your books are labeled |
| 00:15:44 | 00:15:47 | or if you're gonna have Amazon labeled |
| 00:15:46 | 00:15:48 | them you're gonna have to pack them |
| 00:15:47 | 00:15:50 | accordingly |
| 00:15:48 | 00:15:52 | to where Amazon wants you to send |
| 00:15:50 | 00:15:55 | certain books to certain warehouses now |
| 00:15:52 | 00:15:56 | Amazon is usually gonna split into three |
| 00:15:55 | 00:15:58 | different shipments is what I've usually |
| 00:15:56 | 00:16:00 | seen when selling books so if I have a |
| 00:15:58 | 00:16:02 | hundred books one location is gonna have |
| 00:16:00 | 00:16:05 | probably two thirds of it so probably |
| 00:16:02 | 00:16:07 | like 66 other books are gonna go to one |
| 00:16:05 | 00:16:10 | location probably like 20 to another |
| 00:16:07 | 00:16:12 | then ten to another there is a setting |
| 00:16:10 | 00:16:14 | on Amazon where you can actually change |
| 00:16:12 | 00:16:16 | it it's called it's in the inventory |
| 00:16:14 | 00:16:19 | placement section and you can actually |
| 00:16:16 | 00:16:22 | have it default to have you sent all |
| 00:16:19 | 00:16:24 | your books to one location so instead of |
| 00:16:22 | 00:16:26 | having to make a few different boxes to |
| 00:16:24 | 00:16:28 | send a different locations you can just |
| 00:16:26 | 00:16:31 | make one big box of three big boxes and |
| 00:16:28 | 00:16:32 | have them send to one warehouse location |
| 00:16:31 | 00:16:34 | which can save you a little bit of time |
| 00:16:32 | 00:16:37 | when it comes to processing and building |
| 00:16:34 | 00:16:39 | it but most likely when all those books |
| 00:16:37 | 00:16:41 | arrive at the warehouse they're then |
| 00:16:39 | 00:16:42 | going to keep probably a large majority |
| 00:16:41 | 00:16:43 | of those books but some of the books |
| 00:16:42 | 00:16:45 | they're gonna go and they're gonna |
| 00:16:43 | 00:16:47 | disperse them to other warehouses as |
| 00:16:45 | 00:16:48 | well so before that product will get |
| 00:16:47 | 00:16:50 | live it might take a little bit longer |
| 00:16:48 | 00:16:52 | but that could save you some time could |
| 00:16:50 | 00:16:54 | save you some money a set of something |
| 00:16:52 | 00:16:56 | you're looking to so the fifth and final |
| 00:16:54 | 00:16:58 | step in the process is just to stay |
| 00:16:56 | 00:17:01 | consistent with it stay consistent and |
| 00:16:58 | 00:17:03 | this book selling business keep sourcing |
| 00:17:01 | 00:17:04 | keep creating shipments keep feeding the |
| 00:17:03 | 00:17:06 | bees keep shipping items to the |
| 00:17:04 | 00:17:08 | warehouse and once your items are at the |
| 00:17:06 | 00:17:10 | warehouse keep managing them keep |
| 00:17:08 | 00:17:11 | updating prices to where that you're |
| 00:17:10 | 00:17:13 | competitive and you'll be the next sale |
| 00:17:11 | 00:17:15 | or the next few sales and just keep |
| 00:17:13 | 00:17:17 | rinse and repeating the process keep |
| 00:17:15 | 00:17:19 | going through and keep sourcing from |
| 00:17:17 | 00:17:22 | different locations keep going to garage |
| 00:17:19 | 00:17:23 | sales book sales keep amassing big large |
| 00:17:22 | 00:17:25 | amounts of profitable books creating |
| 00:17:23 | 00:17:28 | shipments and managing pricing so they |
| 00:17:25 | 00:17:30 | can scale your book business now this is |
| 00:17:28 | 00:17:32 | an amazing business model for anyone at |
| 00:17:30 | 00:17:34 | any age to make additional income |
| 00:17:32 | 00:17:36 | selling use books on Amazon it doesn't |
| 00:17:34 | 00:17:37 | matter if you're still in school it |
| 00:17:36 | 00:17:39 | doesn't matter if you have a full-time |
| 00:17:37 | 00:17:41 | job you're able to run this business at |
| 00:17:39 | 00:17:43 | your own pace and during your own hours |
| 00:17:41 | 00:17:45 | and every time a book sells on Amazon |
| 00:17:43 | 00:17:47 | Amazon is gonna do all the hard work for |
| 00:17:45 | 00:17:48 | you they're gonna go to their warehouse |
| 00:17:47 | 00:17:49 | and they're gonna find where |
| 00:17:48 | 00:17:51 | that book is and they're going to ship |
| 00:17:49 | 00:17:53 | it today free shipping to the customer |
| 00:17:51 | 00:17:56 | for you taking care of all the laborious |
| 00:17:53 | 00:17:58 | activities so that's it for this video |
| 00:17:56 | 00:18:01 | on how to make your first $1000 a month |
| 00:17:58 | 00:18:03 | selling used books on Amazon FBA if you |
| 00:18:01 | 00:18:05 | enjoyed this video please feel free to |
| 00:18:03 | 00:18:06 | comment below with any questions and/or |
| 00:18:05 | 00:18:08 | video ideas you would like to see in the |
| 00:18:06 | 00:18:10 | future also don't forget to Like and |
| 00:18:08 | 00:18:12 | subscribe as I'm always giving away |
| 00:18:10 | 00:18:14 | different tips and tricks on how to make |
| 00:18:12 | 00:18:17 | money online and on that note I'll see |
| 00:18:14 | 00:18:17 | you guys next video |
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