How To Sell Books On Amazon FBA For Beginners

Published on: November 30 2022 by Carter Maxwell

How To Sell Books On Amazon FBA For Beginners

How To Sell Books On Amazon FBA For Beginners

How To Sell Books On Amazon FBA For Beginners

startTime	durationTime	text
00:00:19	00:00:24	what's up everyone so we are here with
00:00:21	00:00:26	six figure bookseller mile as you can
00:00:24	00:00:28	see we've got a lot going on basically
00:00:26	00:00:30	we're gonna take a day in milo's life
00:00:28	00:00:31	you know as a full-time amazon
00:00:30	00:00:32	bookseller we're going to check out his
00:00:31	00:00:34	warehouse and of course he's going to
00:00:32	00:00:35	give us some advice for those you that
00:00:34	00:00:37	maybe want to start selling books on
00:00:35	00:00:38	amazon as well before we get any further
00:00:37	00:00:40	milo do you want to tok a little bit
00:00:38	00:00:42	more about your story how you got
00:00:40	00:00:43	started kind of stuff you were selling
00:00:42	00:00:45	and how you were able to you know get to
00:00:43	00:00:46	the point where you have
00:00:45	00:00:48	pallets of hundreds to thousands of
00:00:46	00:00:49	books that you're selling on amazon so i
00:00:48	00:00:50	first started off at goodwill you know
00:00:49	00:00:52	just hitting up the thrift stores
00:00:50	00:00:54	grinding gaining all the books on the
00:00:52	00:00:55	shelves it really woke me up whenever i
00:00:54	00:00:57	scanned one book and i got out of
00:00:55	00:00:59	goodwill for 25 cents and about two
00:00:57	00:01:01	weeks later i sold it for 150 on amazon
00:00:59	00:01:02	wow that kind of woke me up into this
00:01:01	00:01:04	deal stay consistent grinding hitting
00:01:02	00:01:05	all the thrift shops kept on scaling it
00:01:04	00:01:07	and then eventually i was able to move
00:01:05	00:01:08	over to these gaylords it's been great
00:01:07	00:01:10	so far so how long have you been selling
00:01:08	00:01:11	on amazon for like when did you sell
00:01:10	00:01:13	your first product how long has it been
00:01:11	00:01:15	since that date just
00:01:13	00:01:17	close to one year on amazon so far one
00:01:15	00:01:18	year you've scaled to this point what'd
00:01:17	00:01:20	you do last month in sales with your
00:01:18	00:01:22	team last month we pushed around 25 000
00:01:20	00:01:24	in sales this next month we're hoping
00:01:22	00:01:25	for around 30 and of course up from
00:01:24	00:01:27	there miley we want to go ahead and take
00:01:25	00:01:30	a look inside your warehouse definitely
00:01:27	00:01:30	check it out perfect
00:01:41	00:01:44	so milo i know we got a lot of people
00:01:43	00:01:46	that have never sold an item on amazon
00:01:44	00:01:48	and they see all these books these tags
00:01:46	00:01:49	your computer set up you want to explain
00:01:48	00:01:50	a little bit more about your warehouse
00:01:49	00:01:52	setup how it's allowed you to really
00:01:50	00:01:53	scale to the point where you are right
00:01:52	00:01:55	now so right here we pretty much this is
00:01:53	00:01:56	where we will process all of our books
00:01:55	00:01:58	we're bringing some pallets from inside
00:01:56	00:01:59	we usually have two right here and we'd
00:01:58	00:02:01	have a one raw one right here so we'll
00:01:59	00:02:02	start sorting we have computers to
00:02:01	00:02:04	pretty much as soon as we scan a book we
00:02:02	00:02:05	would throw the trash over here and
00:02:04	00:02:07	right here these are also two different
00:02:05	00:02:09	buyback companies try to monetize the
00:02:07	00:02:10	trash as much as possible all the books
00:02:09	00:02:12	so all these books would have been
00:02:10	00:02:14	trashed but each of these pallets are
00:02:12	00:02:15	close to around 600 to a thousand
00:02:14	00:02:16	dollars we're going to get paid for that
00:02:15	00:02:18	and that those books would have actually
00:02:16	00:02:19	went in the trash right here this is
00:02:18	00:02:21	pretty much our merchant field section
00:02:19	00:02:23	so we have software that let us know if
00:02:21	00:02:24	it's best to go to fba or merge
00:02:23	00:02:26	fulfilled or either these buyback
00:02:24	00:02:28	companies well for someone who's you
00:02:26	00:02:29	know never sold a book on amazon let's
00:02:28	00:02:32	say i hand you this book what's the
00:02:29	00:02:34	process of you trying to or or selling
00:02:32	00:02:35	that item on amazon first thing you
00:02:34	00:02:36	would want to do is just scan the
00:02:35	00:02:38	barcode with either a scout iq you moved
00:02:36	00:02:39	up to different software since we're in
00:02:38	00:02:41	bulk but doubt iq is phenomenal and
00:02:39	00:02:42	that's what most people start with but
00:02:41	00:02:44	you would just scan the barcode and they
00:02:42	00:02:45	would let you know okay is it trash is
00:02:44	00:02:48	it worth taking or if it's sending to
00:02:45	00:02:49	fba or merge of a field also on cat iq
00:02:48	00:02:51	they have an option for sell back your
00:02:49	00:02:53	book so they would pay you like if you
00:02:51	00:02:54	got all this load of books for free
00:02:53	00:02:56	these would sometimes pay you 10 cents
00:02:54	00:02:58	for a book pretty much better than
00:02:56	00:02:59	sending it to the trash or something
00:02:58	00:03:01	like that just better way to monetize
00:02:59	00:03:03	all your inventory essentially because
00:03:01	00:03:05	you're getting hundreds of books and if
00:03:03	00:03:06	you can't profitably resell it on amazon
00:03:05	00:03:08	you're still able to squeeze out a
00:03:06	00:03:10	little bit of money by offering it back
00:03:08	00:03:12	to some of those buying services for
00:03:10	00:03:13	sure i like that milo there's two
00:03:12	00:03:15	different ways you can sell a product on
00:03:13	00:03:17	amazon there's what's called merchant
00:03:15	00:03:19	fulfilled what's called fba are you
00:03:17	00:03:20	selling books fba are you selling the
00:03:19	00:03:22	merchants fulfilled are you selling both
00:03:20	00:03:24	what's your process to choosing how you
00:03:22	00:03:26	would like to sell a book on amazon
00:03:24	00:03:28	right now we're pretty much 80 fba in
00:03:26	00:03:29	the other 20
00:03:28	00:03:32	merger of a field here we have close to
00:03:29	00:03:33	700 books on the shelves so determine if
00:03:32	00:03:35	we send it to fba we have software
00:03:33	00:03:36	obviously but pretty much the slower
00:03:35	00:03:38	movers would pretty much go on the shelf
00:03:36	00:03:40	so they ain't eating up our storage
00:03:38	00:03:42	limits at amazon and also with merch
00:03:40	00:03:43	field you get bigger profit margins so
00:03:42	00:03:45	if the book's a little bit cheaper but
00:03:43	00:03:46	it's still selling fast we would put on
00:03:45	00:03:49	the shelf so we can still get that extra
00:03:46	00:03:49	profit out of the book
00:03:59	00:04:02	so milo a lot of people have the
00:04:00	00:04:03	understanding that it costs a lot of
00:04:02	00:04:06	money to start selling on amazon and i
00:04:03	00:04:08	just recommend they start selling users
00:04:06	00:04:10	so in your opinion how much did it cost
00:04:08	00:04:11	you to start your amazon reselling
00:04:10	00:04:13	business with books so the seller
00:04:11	00:04:14	account is like 40 a month but obviously
00:04:13	00:04:16	over time once you invest in better
00:04:14	00:04:18	software it helps you scale faster and
00:04:16	00:04:20	then eventually the software will be
00:04:18	00:04:22	paying for itself no problem so we have
00:04:20	00:04:24	scout iq that's highly recommendable and
00:04:22	00:04:25	then to list the book seller list those
00:04:24	00:04:27	two combos right there you could
00:04:25	00:04:28	definitely get started as far as books
00:04:27	00:04:30	you could just post ads on facebook hey
00:04:28	00:04:31	free book pickups or even hit up garage
00:04:30	00:04:34	sales on weekends and you can begin
00:04:31	00:04:35	these books for 25 cents to a dollar
00:04:34	00:04:37	some books i picked up for 25 cents and
00:04:35	00:04:39	i sold for over 100 on amazon so it's
00:04:37	00:04:40	very easy to scale it and your main cost
00:04:39	00:04:42	is gonna be your amazon pro seller
00:04:40	00:04:44	account which is forty dollars a month
00:04:42	00:04:46	two software you said scout iq and an
00:04:44	00:04:47	excel list how much of those two costs
00:04:46	00:04:50	per month i believe the seller list is
00:04:47	00:04:51	like 39 a month but that's when you have
00:04:50	00:04:53	a lot of inventory so i believe you can
00:04:51	00:04:55	start off with like 25 a month on that
00:04:53	00:04:57	and scout iq i believe is 25 or 30 so
00:04:55	00:04:59	we're looking like 80 as far as like you
00:04:57	00:05:01	know your amazon seller account monthly
00:04:59	00:05:03	payment planner than the softwares and
00:05:01	00:05:04	what about a scanner so a scanner will
00:05:03	00:05:06	actually help speed up the process a
00:05:04	00:05:08	time this was my first scanner i started
00:05:06	00:05:10	it off with this scanner right here just
00:05:08	00:05:12	costs 40 on amazon so easily you can
00:05:10	00:05:13	start with under 150 bucks and as far as
00:05:12	00:05:16	you know cash for purchasing books like
00:05:13	00:05:17	milo said a great place to start is
00:05:16	00:05:19	going to be thrift stores where you can
00:05:17	00:05:20	buy books for 25 cents 50 cents a dollar
00:05:19	00:05:22	two dollars depend on the kind of book
00:05:20	00:05:23	the store that you're going to so
00:05:22	00:05:25	realistikally you would definitely think
00:05:23	00:05:27	people can start with under 250 bucks oh
00:05:25	00:05:28	easy all day so obviously a majority of
00:05:27	00:05:30	the people watching this video are
00:05:28	00:05:32	probably brand new beginners probably
00:05:30	00:05:34	never sold a book on amazon what's one
00:05:32	00:05:36	piece of advice or one tip that you give
00:05:34	00:05:37	to that viewer to really give them
00:05:36	00:05:39	kickstart if they want to start selling
00:05:37	00:05:41	books on amazon so number one is just go
00:05:39	00:05:43	take action post those ads on facebook
00:05:41	00:05:45	free book pickups will come pick up them
00:05:43	00:05:46	up from your house just hitting up those
00:05:45	00:05:48	garage sales on weekends wake up early
00:05:46	00:05:50	get there first before the other people
00:05:48	00:05:51	do scan the books also hit up the thrift
00:05:50	00:05:53	stores all day i know there's a lot of
00:05:51	00:05:54	people that are beginners but there's
00:05:53	00:05:56	also probably some intermediate sellers
00:05:54	00:05:57	maybe some more advanced sellers maybe
00:05:56	00:05:58	they've already sold some books on
00:05:57	00:06:01	amazon they're kind of getting their
00:05:58	00:06:02	feet wet what's one piece of advice or
00:06:01	00:06:04	one tip that you would give to a newer
00:06:02	00:06:05	bookseller so they can take their
00:06:04	00:06:08	business to the next level number one
00:06:05	00:06:09	i'd say stay organized keep track of all
00:06:08	00:06:11	your sources find out the profitable
00:06:09	00:06:12	ones sort out the ones that's not
00:06:11	00:06:13	profitable quit wasting your time going
00:06:12	00:06:15	there and then get friendly with the
00:06:13	00:06:16	people at the store the managers the
00:06:15	00:06:17	workers try to work your way up to where
00:06:16	00:06:19	you can build a relationship with them
00:06:17	00:06:20	say hey instead of y'all putting all
00:06:19	00:06:21	these books on the shelves do you all
00:06:20	00:06:22	mind selling them to me by the palette i
00:06:21	00:06:24	don't mind i can pick up whatever's
00:06:22	00:06:26	convenient for you all work with the
00:06:24	00:06:27	price and just make a deal with other
00:06:26	00:06:28	people out there so obviously you know
00:06:27	00:06:30	you might go to a thrift store and
00:06:28	00:06:33	there's a thousand different books there
00:06:30	00:06:34	are there any specific books or any any
00:06:33	00:06:36	types or genres that you're looking for
00:06:34	00:06:38	that are the most profitable and some
00:06:36	00:06:39	that maybe you want to stay away from
00:06:38	00:06:40	that aren't super profitable so pretty
00:06:39	00:06:42	much what you'll be looking for is
00:06:40	00:06:44	mostly like the non-fiction book nice
00:06:42	00:06:46	quality hardcover books so you would
00:06:44	00:06:47	pretty much you could just stand down
00:06:46	00:06:48	the line and you could see a bunch of
00:06:47	00:06:49	kids junkie books you wouldn't really
00:06:48	00:06:51	want to mess with those but if it's a
00:06:49	00:06:53	nice hardcover or more of a cleaner
00:06:51	00:06:54	nicer newer looking book you would want
00:06:53	00:06:56	to pull that one out and scan it just to
00:06:54	00:06:57	speed up your process and put the time
00:06:56	00:06:58	you're spending at these stores so
00:06:57	00:07:00	you're not wasting a whole lot of time
00:06:58	00:07:02	are there any genres that you like to go
00:07:00	00:07:04	off like is it the non-fiction books is
00:07:02	00:07:06	it fiction books is it self-help like
00:07:04	00:07:08	what's been the best for you non-fiction
00:07:06	00:07:10	are always good usually good college
00:07:08	00:07:12	books you would always want to hit those
00:07:10	00:07:13	those are going to have your highest roi
00:07:12	00:07:15	on your books you could get a book for
00:07:13	00:07:17	25 cents and it could be over 100 profit
00:07:15	00:07:18	self-help is also very good but usually
00:07:17	00:07:20	the kid books you want to usually stay
00:07:18	00:07:22	away from those well i know you you're
00:07:20	00:07:23	processing what thousands and thousands
00:07:22	00:07:25	of books maybe a week a month have you
00:07:23	00:07:26	ever found a book that sells for like
00:07:25	00:07:28	hundreds of dollars that you got for
00:07:26	00:07:29	like pennies for sure so obviously the
00:07:28	00:07:31	more expensive books there will be a
00:07:29	00:07:32	little slower selling but they're still
00:07:31	00:07:34	selling we found this one a few weeks
00:07:32	00:07:36	ago right now the profit on it would be
00:07:34	00:07:38	about 289 but i found it a while back
00:07:36	00:07:40	and at that time it was going for close
00:07:38	00:07:41	to 800 obviously it's a little slower
00:07:40	00:07:42	selling so there might be somebody on
00:07:41	00:07:44	the listing with knocking the price down
00:07:42	00:07:45	just trying to sell theirs once those
00:07:44	00:07:47	guys move by the way usually more higher
00:07:45	00:07:48	price will be up there and then those
00:07:47	00:07:53	will sell so that book right there was
00:07:48	00:07:53	close to right now around 300 profit
00:08:04	00:08:08	so if you guys want to learn more about
00:08:06	00:08:10	reselling books on amazon make sure you
00:08:08	00:08:12	follow milo on instagram what's your
00:08:10	00:08:15	instagram my instagram is milo kubachik
00:08:12	00:08:16	m-i-l-o-k-u-b-i-c-e-k
00:08:15	00:08:18	underscore we'll also have a link below
00:08:16	00:08:20	in the description y'all go show him
00:08:18	00:08:21	some love follow him he posts a ton of
00:08:20	00:08:23	stuff on his stories on his page and of
00:08:21	00:08:24	course if you have any questions just
00:08:23	00:08:26	send them a dm milo man thank you so
00:08:24	00:08:28	much for this video really appreciate it
00:08:26	00:08:30	crazy value if you guys got any value
00:08:28	00:08:31	from this video please smash that like
00:08:30	00:08:33	button i would greatly appreciate it if
00:08:31	00:08:35	y'all have any questions comment below
00:08:33	00:08:36	we'll try our best to help answer those
00:08:35	00:08:38	questions if y'all want to see more
00:08:36	00:08:40	content related to amazon reselling
00:08:38	00:08:41	making money online subscribe to the
00:08:40	00:08:44	channel and we'll see y'all in the next
00:08:41	00:08:44	video
00:09:01	00:09:03	you