Comments on: Amazon money flood

By: SMB

SMB — Tue, 14 Mar 2006 20:04:52 +0000

Gotcha–thanks for clearing that up. The first book I listed was a cheap little paperback, so I couldn’t list it for much more than I did, really. I have a few more I’m sure will be more profitable.

By: Bruce

Bruce — Tue, 14 Mar 2006 16:12:48 +0000

SMB, actually I said $2.50 was the *least* I’d list for. I just got my first check from Amazon, so the approximate numbers work out like this:
($700 total – $100 postage)/35 books = $17 per book.

By: SMB

SMB — Tue, 14 Mar 2006 15:41:10 +0000

Your post inspired me to sign up as an Amazon marketplace seller, and so far Iâ€™ve sold one book. I was a little shocked at how much Amazon chargedâ€”2.71 for a book I listed for 3.25. With the shipping allowance, I cleared 2.44. Iâ€™m a little disappointed, actually. You said that you usually list your items for 2.50, so Iâ€™m wondering what youâ€™ve been clearing on average per book.

Overall, it sounds like itâ€™s working out for you, though.

By: Bruce

Bruce — Wed, 08 Mar 2006 04:17:43 +0000

John, I’ll take a look at Half. I’ve never used the site, so I didn’t think of it.

By: Bruce

Bruce — Wed, 08 Mar 2006 04:17:03 +0000

I don’t know, I think I might want to sell books on eBay if they were over $100 or so. I’d need to do a bit of research. It is just that listing them is more effort. Amazon is three-clicks and a sentence. Even with a good helper program, eBay is a lot more fiddling around.

I do have several books worth $100-500, so possibly I should look into eBay. Thanks for the reminder.

By: John

John — Wed, 08 Mar 2006 00:26:08 +0000

I’m glad to hear about your Amazon market place experience. I went through this about a year back when I started to sell my old books, cds and DVDS. I’m not sure if anyone mentioned it, but I also recommend half.com, they’re somewhat similar. They have lower selling fees and you may be able to get a better price. The only trade off is site traffic, it’s not as popular as Amazon. Half also let’s you list as long as you like. Good luck!

By: Wandering Indian Monk

Wandering Indian Monk — Tue, 07 Mar 2006 17:37:26 +0000

Dear Bruce, Nice article. I too have a ton of books that I want to sell/dispose but am torn between choosing eBay over Amazon. Have you done any analysis on where it might be more profitable?

BTW, great website. I am adding you to the list that I scan everyday.

By: Dale

Dale — Tue, 07 Mar 2006 15:55:31 +0000

I recently did this but with half.com but I have not had the success that you have. It maybe that you have better products (actually this is probably exactly why), or that Amazon gets more traffic, maybe I will test it.

By: jim

jim — Tue, 07 Mar 2006 12:35:28 +0000

Great article, I always sell my books back after the semester and I use the exact same strategy. Thank goodness for the USPS flat rate envelope. :)

By: Simply Thrifty » Festival of Frugality #13

Simply Thrifty » Festival of Frugality #13 — Tue, 07 Mar 2006 06:34:04 +0000

[...] In terms of making a little extra money, Bruce of Fearless Money has found himself an “Amazon Money Flood“ and offers up a thorough article on how he’s doing it. [...]

By: fivecentnickel.com

fivecentnickel.com — Fri, 03 Mar 2006 19:29:23 +0000

Weekly Roundup – 03/03/06…

HereÂ’s a quick look at some of the best articles of the past week from the MoneyBlogNetwork and beyondÂ……