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How to Sell Used Books with Fulfillment by Amazon (FBA)

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Amazon Lost My FBA Inventory

November 5, 2013 by Nathan Holmquist Leave a Comment

I drove up to Halifax, Virginia for a regular advertised book sale on BookSaleFinder.com and did fairly well.  I bought 120 books for $65.  Plus, I found this book in the children's section for 10 cents.  A book titled, The Roman Empire (Make It Work! History Series).  The lowest used price is $265 with a high sales rank of 2.8 million.

Amazon lost this book in my FBA Shipment
However, when I sent it to Amazon, it was never checked in.  It was labeled a “zero” in the Manage FBA Shipment section of my seller account.  Finally, after a week and a half, I emailed Amazon and told them about this. Surprisingly, they refunded the price of the book within two days.  $166.48 was sent to my Amazon payments account.

Amazon lost my FBA inventory and then made a reimbursement

 

Sweet!  Amazon customer service is simply amazing.  This definitely worked out in my favor since the sales ranking of the book was fairly high.  It probably going to take a while to sell anyway.

Costs
Books Purchased: 120
Cost of Books: $65
UPS Inbound Shipping: $35.56
FBA Label Service: $18.40
Total Costs: $118.96

Purchase Statistics
Average Sales Rank: 848,159
Average Amazon Value (Merchant Fulfilled):  $5.01

Sales Results (updated in August 2014)
Books Sold: 72
Percentage of Books Sold: 60%
Sales Revenue (after all of Amazon Fees): $435.48
Profit to Date: $316.52

 

Here are the individual sales results.  Statistics courtesy of InventoryLab.com.

 

 

 

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Filed Under: FBA Refunds, Library Book Sale Tagged With: Amazon Lost FBA Inventory

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