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

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Book Sale in Wilmington, NC

November 17, 2013 by Nathan Holmquist Leave a Comment

Here are the statistics from a book sale in Wilmington, North Carolina.  This sale lasted from Friday through Wednesday.  I attended this sale on two of those days.

Setting
City: Wilmington, NC
Type of Sale: Library Sale
Advertised on: BookSalesFound.com
Date: September 27th – October 2nd

Prices
Friday: $2 for softcover books and $3 for hardcover books
Tuesday: 50 cents for softcover books and $1.00 for hardcover books

Equipment
Dell Axim X51 PDA with a Socket Scanner attached.  The Neatoscan software was installed on the PDA.

Purchase Numbers
Books Purchased: 191
Cost of Books: $178
UPS Inbound Shipping: $51.36
FBA Label Service: $34.20
Total Costs: $263.56

Sales Results for the First Month (October 12th- October 31, 2013)
Books Sold: 23
Percentage of Books Sold: 12%
Sales Revenue (after all of Amazon Fees): $150.29
Profit to Date: $-113.77

Sales Results for the Second Month (November 2013)
Books Sold: 35
Percentage of Books Sold: 18%
Sales Revenue (after all of Amazon Fees): $230.27
Profit to Date: $116.5

Sales Results for the Third Month (December 2013)
Books Sold: 15
Percentage of Books Sold: 9%
Sales Revenue (after all of Amazon Fees): $105.21
Profit to Date: $221.71

Sales Results for the Fourth Month (January 2014)
Books Sold: 18
Percentage of Books Sold: 9%
Sales Revenue (after all of Amazon Fees): $157.84
Profit to Date: $379.55

Sales Results for the Fifth Month (February 2014)
Books Sold: 7
Percentage of Books Sold: 4%
Sales Revenue (after all of Amazon Fees): $46.59
Profit to Date: $426.14

Cumulative Sales Results
Books Sold: 98
Percentage of Books Sold: 51%
Sales Revenue (after all of Amazon Fees): $690.2
Profit to Date: $426.14

Per Unit Averages
Buy Price: $1.38
Gross Sale Price: $11.80
Amazon Fees: $4.76
Net Sales Price: $7.04
Profit: $5.66
Return on Investment (ROI): 410%

To see the individual number of each sale, please click on the spreadsheet below.  Statistics are courtesy of InventoryLab.com.

Wilmington, NC Book Sale Results

 

 

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