Penny Book Sellers on Amazon Marketplace

http://www.cheqqroyal.com Cheqq Royal discusses book sellers on Amazon.com selling books for one penny.

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News & Politics

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• Penny Book Sellers
• one cent books
• Cheqq Royal

[knowledgeispowerfful]

You're right, I just started to sell my dvd's on Amazon but I'm begining to realize that some of the same dvd's are already listed for a penny to a dollar. Now how can I make a profit against the other sellers if they're selling the same dvd for a lot cheaper then what I would like to sell mine? There's a $2.98 S&H fee amazon credit to its sellers and that's just about all the profit I've made so far. I'm begining to re-think this selling business. What do U think about amazon FBA program??

[realitycheqq]

@knowledgeispowerfful I can definitely identify with your situation. You know I've been considering participating in the Fulfillment by Amazon program. It sounds pretty good if sales stay consistent.

[threegarzas]

I just got my own "reality check" today. I too sell books on Amazon. Some for .01 because that's the lowest price. Here's the breakdown. I get .01 +3.99. OUT of that Amazon get's .99 flat rate fee & 1.35 per transaction VARIABLE fee. That Leaves 1.66. It costs me 2.38 for the smallest paperback to mail it. Therefore it COSTS me apx .80 per transaction to sell books. I just CULLED my inventory. If you sell for less than 1.67 per book (to break even) you pay Amazon.

[realitycheqq]

I avoid .01 books for that reason. It helps to upgrade to a Pro Seller account if you sell more than 40 books a month. For a $40 a month fee, the $.99 per transaction fee is waived. The higher volume .01 book sellers must get some kind of bulk shipping deal that allows them to ship books at a cheaper price.

[drspa44]

They make money because most books will cost less than $3.99 to ship. Same with CDs, DVDs, games etc...

[realitycheqq]

You are right. I have found in my own experience that most books ship for around $2.77

A book would have to weigh more than 5 lbs to cost more than $3.99 to ship. But Amazon does take part of the money in fees so there still isn't much left over.

[Runaholism]

@dej506 Now imagine selling hundreds of these books....you could be making a living from selling books!

[Celtics5613]

it's not a hustle, it's hustle. it's for real they're making money at one penny. As for the average book seller, do not attempt at home! Best of luck to you.

[auguststahr]

I think the .01 books is a reflection of devaluation in the book market just as has happened in other markets. I make a rule...if I cant sell a book for $10.00 I dont sell it on Amazon...I donate them.

[knowledgeispowerfful]

@realitycheqq Say for example if u're in the FBA program, and U have amazon sell one of your bks for $10.00 but yet there R other sellers selling that same bk that is new or used for $1.00, which price do U think the buyer is going to choose?? probably the only way you'll get your bk sold for $10.00 over all the other sellers is if Amazon offer their Super Saving Shipment, and for that the buyer would have to spend $25.00 or more, and I think U have to pay storage fee in the FBA? Good luck!!

[justastallion]

There is money to be made in selling penny books. Most of them are mega sellers that get a discounted shipping rate from the USPS. If you ship 300 or more at one time then you can save about 75c per book.

These companies are getting the books very cheap and most of the time for free taking whats left of big booksales.

So if they crank out 1000 books per day there's money to be made.

Personally I don't sell anything that's under $5.00 but everyone has a different business model.

Peace

[dej506]

I sell penny books and earn a profit of $1.00 on average on Amazon.

[dej506]

I also sell on Amazon, and I sell penny books and earn an average of $1.00 profit per book!!

[egople]

My experience as an amazon customer when buying books at marketplace that are cheaper than amazons book price: they don`t ship the cheaper books to you. Sorry cannot ship to your adress. Buy a book on marketplace thats more expensive than amazons price they will ship to you.