Goal: To see the exact profits from library book sales. All books are sold on Amazon FBA
Setting
City: Pittsboro, NC
Place: Library
Date: 9/26 and 9/28
Advertised on: BookSaleFinder.com
Prices:
Soft Cover Books: $2
Hard Cover Books: $3
$5 Bag Day on the last day
Equipment:
Dell Axim X51 PDA with a Socket Scanner Attached. The Neatoscan Software was installed on the PDA.
Purchase Numbers
Books Purchased: 229
Cost of Books: $112
UPS Inbound Shipping: $65.53
FBA Label Service: $42.60
Total Costs: $220.13
Sales Results for the First Month
Books Sold: 30
Percentage of Books Sold: 13%
Sales Revenue (after all of Amazon Fees): $202.68
Profit: -17.45
Sales Results for the Second Month
Books Sold: 22
Percentage of Books Sold: 10%
Sales Revenue (after all of Amazon Fees): $121.61
Sales Results for the Third Month
Books Sold: 12
Percentage of Books Sold: 5%
Sales Revenue (after all of Amazon Fees): $78.62
Sales Results for the Fourth Month
Books Sold: 13
Percentage of Books Sold: 6%
Sales Revenue (after all of Amazon Fees): $83.07
Sales Results for the Fifth Month
Books Sold: 5
Percentage of Books Sold: 2%
Sales Revenue (after all of Amazon Fees): $27.01
Cumulative Sales Results
Books Sold: 82
Percentage of Books Sold: 36%
Sales Revenue (after all of Amazon Fees): $512.99
Profit: $292.86
Per Unit Averages
Buy Price: $1.28
Gross Sale Price: $11.05
Amazon Fees: $4.70
Net Sales Price: $6.35
Profit: $5.07
Return on Investment (ROI): 396%
To see the individual transactions, please click on the image below. Statistics courtesy of InventoryLab.com.
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