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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

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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

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