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How To Make $1,000 FAST Selling Used Books On Amazon FBA

Published on: November 30 2022 by Carter Maxwell

How To Make $1,000 FAST Selling Used Books On Amazon FBA

How To Make $1,000 FAST Selling Used Books On Amazon FBA

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00:00:00 00:00:04 what's up guys in this video I'll be
00:00:01 00:00:07 going over how you can make $1000 fast
00:00:04 00:00:08 selling use books on Amazon FBA so if
00:00:07 00:00:10 you don't know me already
00:00:08 00:00:12 my name is Carter Maxwell I am a 17 year
00:00:10 00:00:14 old entrepreneur and I go by the
00:00:12 00:00:15 nickname of the high school hustler and
00:00:14 00:00:17 if you're trying to create an online
00:00:15 00:00:19 business that make money while you sleep
00:00:17 00:00:20 then this is the chanter fuse so go
00:00:19 00:00:22 ahead and hit that subscribe button
00:00:20 00:00:24 well this is a great video for anyone
00:00:22 00:00:26 looking to make some extra income and
00:00:24 00:00:28 just using the strategy I mean all you
00:00:26 00:00:30 need is basically a cell phone and it's
00:00:28 00:00:32 some money to purchase the books or
00:00:30 00:00:34 against the money making part of this
00:00:32 00:00:36 video I thought I would go over what
00:00:34 00:00:39 exactly Amazon FBA is and how you can
00:00:36 00:00:41 use it to your advantage so Amazon FBA
00:00:39 00:00:43 staying store fulfil and by Amazon it's
00:00:41 00:00:45 a program that Amazon has to where you
00:00:43 00:00:46 can actually send your product to their
00:00:45 00:00:48 warehouse to where your product will be
00:00:46 00:00:51 stored until it actually sells on
00:00:48 00:00:53 amazon.com and get this once it sells on
00:00:51 00:00:56 amazon.com Amazon Fulfillment will then
00:00:53 00:00:58 pick pack and ship your product to the
00:00:56 00:01:00 customer to read on to touch it at all
00:00:58 00:01:02 and that's the power of this program and
00:01:00 00:01:04 the power of this platform because you
00:01:02 00:01:05 get to sell your product on Amazon
00:01:04 00:01:07 obviously they're gonna take a fee and a
00:01:05 00:01:08 percentage of when you sell it but
00:01:07 00:01:10 they're also gonna pick pack and ship it
00:01:08 00:01:13 to the customer so if you sold a hundred
00:01:10 00:01:15 products they would do all the
00:01:13 00:01:17 fulfillment for you imagine if you sold
00:01:15 00:01:19 ten twenty a hundred products on ebay
00:01:17 00:01:21 you're not individually find each
00:01:19 00:01:23 product I'm shipping to the customer and
00:01:21 00:01:24 it would just be huge hassle so that's
00:01:23 00:01:26 probably the number one thing when it
00:01:24 00:01:28 comes to using Amazon FBA platform oh
00:01:26 00:01:30 well let's get to the process that will
00:01:28 00:01:33 get you to your first 1,000 dollars on
00:01:30 00:01:35 Amazon FBA the quickest and before
00:01:33 00:01:37 against that there's a few details that
00:01:35 00:01:39 you need to know before you even start
00:01:37 00:01:41 purchasing books too so on Amazon and I
00:01:39 00:01:43 like to go over the sales rank so a
00:01:41 00:01:46 sales rank is basically Amazon's way of
00:01:43 00:01:48 letting you know how well and how often
00:01:46 00:01:51 an item is selling so for each category
00:01:48 00:01:53 in each product on Amazon as it has its
00:01:51 00:01:55 own individual sales rank and within
00:01:53 00:01:58 that sales rank the lower the sales rank
00:01:55 00:02:00 it is the more often it sells and
00:01:58 00:02:02 depending on the category in the sales
00:02:00 00:02:04 rank it's gonna fluctuate depending on
00:02:02 00:02:06 how many units it sells per month so
00:02:04 00:02:08 what I like to stay under is a million
00:02:06 00:02:09 sales rank and I use
00:02:08 00:02:11 like to stand that sales rank because
00:02:09 00:02:12 that's gonna take anywhere from I've
00:02:11 00:02:16 seen anywhere from one month to three
00:02:12 00:02:17 months to so-and-so one hundred under a
00:02:16 00:02:20 hundred thousand sales rank it's gonna
00:02:17 00:02:21 be like a super quick sale I mean it
00:02:20 00:02:23 could possibly sell within a week or two
00:02:21 00:02:25 depending on how competitive your
00:02:23 00:02:27 pricing is and obviously when the next
00:02:25 00:02:28 person was going to purchase it and I
00:02:27 00:02:29 know some people go over and they find
00:02:28 00:02:31 these books that are like a couple
00:02:29 00:02:33 million around like three or four
00:02:31 00:02:35 million ring and yes I've actually
00:02:33 00:02:38 purchased those books and you'll learn
00:02:35 00:02:41 like along the way kind of what sales
00:02:38 00:02:42 rings you're gonna stik to but usually
00:02:41 00:02:45 I like to stik on to that million sales
00:02:42 00:02:46 rank and the lowest price I usually go
00:02:45 00:02:48 around is probably around that twelve or
00:02:46 00:02:50 thirteen dollar range because mainly I'm
00:02:48 00:02:52 getting these books for a fifty cents to
00:02:50 00:02:54 two dollars and so I'm netting about
00:02:52 00:02:55 seven or eight dollars per unit so I
00:02:54 00:02:58 mean one dollar to eight dollars I'll
00:02:55 00:03:00 take that any day but you also see those
00:02:58 00:03:02 books there's somewhat around that 25 to
00:03:00 00:03:04 hundred dollar range and sometimes
00:03:02 00:03:05 they're not the lowest ranks obviously
00:03:04 00:03:07 because the higher price of the book
00:03:05 00:03:09 probably the less often that book is
00:03:07 00:03:12 gonna sell so I like I've actually gone
00:03:09 00:03:14 up to I think a five million rank before
00:03:12 00:03:16 five or six million and the book is
00:03:14 00:03:18 around a hundred hundred fifty dollars
00:03:16 00:03:19 and most people think it's a no-brainer
00:03:18 00:03:22 but there's a couple things actually
00:03:19 00:03:23 going to that sales ranks first off a
00:03:22 00:03:26 four or five million sales rank is gonna
00:03:23 00:03:28 take a long time to sell it might take a
00:03:26 00:03:30 year to sell but think about and then
00:03:28 00:03:31 perspective as what you're investing in
00:03:30 00:03:34 that product saying you purchase that
00:03:31 00:03:37 book for a dollar and ask five million
00:03:34 00:03:41 sales rank but the lowest price is $150
00:03:37 00:03:43 used let's say you list that at 9999 so
00:03:41 00:03:46 you listen it for $100 let's just say it
00:03:43 00:03:47 takes a year to sell okay so you're
00:03:46 00:03:49 paying like a storage cost of if it's
00:03:47 00:03:51 like a small paperback I think it's like
00:03:49 00:03:52 two to three cents per month if it's the
00:03:51 00:03:55 kind of a larger hardback maybe it's
00:03:52 00:03:57 four or five cents so over a year span
00:03:55 00:03:59 you're paying anywhere from 50 cents to
00:03:57 00:04:00 60 cents to store that book at the
00:03:59 00:04:02 Amazon warehouse and let's just say you
00:04:00 00:04:04 purchase it for a dollar so your buy
00:04:02 00:04:06 cost is under $2 and it might take a
00:04:04 00:04:08 year to sell but you're cashing out once
00:04:06 00:04:10 a hundred dollar payment which is
00:04:08 00:04:12 definitely worth it but mainly I like to
00:04:10 00:04:14 look for the quick flips those flips are
00:04:12 00:04:16 gonna be under that 1 million sales rank
00:04:14 00:04:17 now I'm paying a dollar for making
00:04:16 00:04:19 anywhere from eight to fifteen dollars
00:04:17 00:04:21 in profit but that's just kind of
00:04:19 00:04:23 demo of what sells rings to look for
00:04:21 00:04:24 with selling used books on Amazon though
00:04:23 00:04:27 the good thing about this business model
00:04:24 00:04:28 is it's actually really really simple to
00:04:27 00:04:30 start I mean all you basically need is a
00:04:28 00:04:33 cell phone you need to download the
00:04:30 00:04:34 Amazon seller app well also why creating
00:04:33 00:04:37 an Amazon seller account once you can
00:04:34 00:04:39 set up for free and there's also a pro
00:04:37 00:04:40 version we've seen before you dollars
00:04:39 00:04:41 per month which is what I recommend
00:04:40 00:04:45 because you're not going to be paying a
00:04:41 00:04:47 per unit fee because if you do the the
00:04:45 00:04:49 free one you're gonna be paying a 99
00:04:47 00:04:52 cent fee for each product that you sell
00:04:49 00:04:53 so I mean if you sell it at $40 40
00:04:52 00:04:56 products per month you might as well
00:04:53 00:04:57 move over to the pro version so I view
00:04:56 00:04:59 every Amazon the seller account you get
00:04:57 00:05:01 the Amazon seller app what you get
00:04:59 00:05:02 within the app you can actually scan and
00:05:01 00:05:05 each time you scan a book it's gonna
00:05:02 00:05:07 pull up a small database of the title
00:05:05 00:05:09 the different prices for merchants
00:05:07 00:05:10 fulfilling in FBA filling remember we're
00:05:09 00:05:13 selling on FBA so make sure you're
00:05:10 00:05:15 looking at the used FBA prices as well
00:05:13 00:05:18 as the sales rank of the product and
00:05:15 00:05:20 after you have your cellphone your
00:05:18 00:05:22 Amazon seller account the Amazon seller
00:05:20 00:05:23 app last thing you need is just a little
00:05:22 00:05:25 bit of extra cash to purchase some of
00:05:23 00:05:27 these use books now that you understand
00:05:25 00:05:29 that sales ranks when selling books on
00:05:27 00:05:31 Amazon as well as you know how the
00:05:29 00:05:33 necessary materials to complete this
00:05:31 00:05:35 process it's all about finding it the
00:05:33 00:05:37 best places to source books and find the
00:05:35 00:05:40 most profitable items to then resell
00:05:37 00:05:42 back on Amazon FBA so the first place to
00:05:40 00:05:44 look is around your house you'd be
00:05:42 00:05:47 surprised just the amount of old
00:05:44 00:05:48 textbooks old books that you don't you
00:05:47 00:05:51 no longer use no longer read they're
00:05:48 00:05:53 actually worth a lot of money so just go
00:05:51 00:05:55 through scan all of them and sometimes
00:05:53 00:05:57 some older books they don't have like
00:05:55 00:05:58 the barcode they can just scan use nap
00:05:57 00:06:01 so you have to scroll through you the
00:05:58 00:06:04 first couple of pages and find the ISBN
00:06:01 00:06:05 and then mainly type it in so once
00:06:04 00:06:07 you've finished searching around your
00:06:05 00:06:09 house but with the second best place is
00:06:07 00:06:11 gonna be garage shows now unfortunately
00:06:09 00:06:13 garage sales are only going to be during
00:06:11 00:06:15 mainly a certain type of the year
00:06:13 00:06:17 and it also depends kind of where you
00:06:15 00:06:18 live within the United States if it's
00:06:17 00:06:20 winter or not obviously there's probably
00:06:18 00:06:23 not gonna be too many garage sales
00:06:20 00:06:25 but garage sales usually happen on that
00:06:23 00:06:26 Friday morning and Saturday morning as
00:06:25 00:06:28 well and you always want to be the early
00:06:26 00:06:29 bird you want to be the first one to the
00:06:28 00:06:30 sale and find those products cuz you
00:06:29 00:06:32 never know if another
00:06:30 00:06:34 seller is going to be there first and
00:06:32 00:06:36 the thing with garage sales is you can
00:06:34 00:06:38 always bargain the prices and if you
00:06:36 00:06:41 find multiple books that are profitable
00:06:38 00:06:42 you can often bargain the person down
00:06:41 00:06:46 and just bundle them together and get a
00:06:42 00:06:47 better price per unit and the also
00:06:46 00:06:49 another good thing about garage sales is
00:06:47 00:06:50 people are trying to get rid of their
00:06:49 00:06:52 stuff and especially if they're getting
00:06:50 00:06:54 rid of books I mean you can get them
00:06:52 00:06:56 extremely cheap I get them anywhere from
00:06:54 00:06:58 like 25 cents to a dollar and if I
00:06:56 00:07:00 bundle them I can get them even cheaper
00:06:58 00:07:02 so after garage sales because I mean
00:07:00 00:07:04 they only happen like two times a week
00:07:02 00:07:07 that Friday morning is Saturday morning
00:07:04 00:07:09 thrift stores aren't gonna be the next
00:07:07 00:07:11 place to source and thrift stores open
00:07:09 00:07:13 seven days a week and they're just about
00:07:11 00:07:14 everywhere depending on your location
00:07:13 00:07:18 and I usually go to
00:07:14 00:07:19 goodwills Sabres and there's kind of
00:07:18 00:07:21 some of those small mom-and-pop thrift
00:07:19 00:07:23 stores that are somewhat hard to find
00:07:21 00:07:25 and other resellers probably don't know
00:07:23 00:07:28 too much about for instance I have a
00:07:25 00:07:29 local one to me in my city as well and
00:07:28 00:07:30 they have like a thousand books there
00:07:29 00:07:33 and they always restok in good books
00:07:30 00:07:34 and I never see any other scanners there
00:07:33 00:07:37 so that I usually just kill it when I go
00:07:34 00:07:39 there but other than that thrift stores
00:07:37 00:07:41 are a great place to go and they're
00:07:39 00:07:43 often gonna have these huge huge book
00:07:41 00:07:44 sections and she can go through and just
00:07:43 00:07:46 scan all those books and they're gonna
00:07:44 00:07:48 be a little bit more expensive because
00:07:46 00:07:50 on these thrift stores are a little more
00:07:48 00:07:52 aware of resellers because the Reap just
00:07:50 00:07:54 reselling in general on Amazon is
00:07:52 00:07:56 starting to become a lot more popular
00:07:54 00:07:58 and so these three stores are kind of
00:07:56 00:08:00 learning the process and moving their
00:07:58 00:08:01 prices up a little bit but I mean you
00:08:00 00:08:02 can still get books for anywhere from
00:08:01 00:08:04 two to three dollars and sell them all
00:08:02 00:08:08 day and went from fifteen to fifty
00:08:04 00:08:11 dollars plus in the last and final place
00:08:08 00:08:13 and is the best place in my personal
00:08:11 00:08:16 opinion are book sales which you can
00:08:13 00:08:18 find on book sale finder calm and just
00:08:16 00:08:20 locally around asking your libraries and
00:08:18 00:08:22 the good thing about book sales is
00:08:20 00:08:24 they're not gonna be picked over so you
00:08:22 00:08:26 go to a thrift store there's no telling
00:08:24 00:08:29 for resale or camo that morning maybe
00:08:26 00:08:31 last week with book sales the stuff is
00:08:29 00:08:34 then picked over yet also the people the
00:08:31 00:08:35 volunteers running that book sale don't
00:08:34 00:08:38 really care if there's any resellers in
00:08:35 00:08:39 within the book sale they're actually
00:08:38 00:08:41 like cat
00:08:39 00:08:44 all the different genres and categories
00:08:41 00:08:46 of each book which makes it extremely
00:08:44 00:08:48 easy for you the reseller to go to those
00:08:46 00:08:50 really valuable categories and scan
00:08:48 00:08:53 those books first for instance like the
00:08:50 00:08:54 tiknology the business and the
00:08:53 00:08:56 children's book as well I mean lots of
00:08:54 00:08:58 people skip out on those the picture
00:08:56 00:09:00 books I mean all day long fifteen to
00:08:58 00:09:02 fifty dollar books are what I find and
00:09:00 00:09:04 resellers often overlook those and the
00:09:02 00:09:05 good thing about the children's books is
00:09:04 00:09:07 they're always the cheapest they're like
00:09:05 00:09:09 fifty cents to a dollar and you just
00:09:07 00:09:11 leave their paperbacks they're 50 Cent's
00:09:09 00:09:14 hardbacks the dollar just depends on how
00:09:11 00:09:16 well the cell is and on book so finder
00:09:14 00:09:17 calm you sometimes out the price down
00:09:16 00:09:19 there and have like a brief description
00:09:17 00:09:21 sometimes on the last day they might
00:09:19 00:09:23 have like a special sale where it's like
00:09:21 00:09:25 everything is 50% off maybe it's like a
00:09:23 00:09:26 fill a bag which means they're gonna
00:09:25 00:09:28 obviously give you a bag and you can put
00:09:26 00:09:29 as many books in there as you can and
00:09:28 00:09:31 they're just gonna charge you a set
00:09:29 00:09:33 price so that's always something that
00:09:31 00:09:36 you want to look for in those three or
00:09:33 00:09:37 four places or the best when it comes to
00:09:36 00:09:40 sourcing and that's where you get the
00:09:37 00:09:42 amount of books for really really cheap
00:09:40 00:09:44 so that's why I recommend sourcing when
00:09:42 00:09:46 trying to find use books to sell on
00:09:44 00:09:49 Amazon FBA when you become more familiar
00:09:46 00:09:51 with the book sales rang and I've
00:09:49 00:09:54 obviously located a couple of different
00:09:51 00:09:56 places to a source more often it's all
00:09:54 00:09:58 about just constantly finding new books
00:09:56 00:10:00 to resell keep creating shipments that
00:09:58 00:10:02 are you're sending up to Amazon and just
00:10:00 00:10:03 keep ramping up your business cuz that's
00:10:02 00:10:05 the only way that you're gonna reach
00:10:03 00:10:06 that amount that you desire against or
00:10:05 00:10:08 elsewhere so you can start bringing
00:10:06 00:10:11 people on to your team I've done that as
00:10:08 00:10:13 well I brought friends my age to help me
00:10:11 00:10:14 go scan and once I've taught then they
00:10:13 00:10:17 can go to other locations and scan for
00:10:14 00:10:20 me so it's all about just diversifying
00:10:17 00:10:21 and just basically ramping up and
00:10:20 00:10:24 scaling your business to whatever amount
00:10:21 00:10:25 that you desire and I know the tactik of
00:10:24 00:10:27 this video is to get that first thousand
00:10:25 00:10:28 dollars and that's extremely easy guys I
00:10:27 00:10:30 believe that if you follow these
00:10:28 00:10:32 strategies you can easily do that within
00:10:30 00:10:34 your first month so that's it for this
00:10:32 00:10:38 video on how to make a thousand dollars
00:10:34 00:10:39 fast selling use books on Amazon FBA if
00:10:38 00:10:41 you enjoyed this video please feel free
00:10:39 00:10:43 to comment below any questions and/or
00:10:41 00:10:45 video ideas you would like to see in the
00:10:43 00:10:47 future also don't forget to Like and
00:10:45 00:10:49 subscribe as I'm always give away
00:10:47 00:10:51 different tips and tricks on how to make
00:10:49 00:10:54 money online you know that
00:10:51 00:10:54 no I will see you guys next video