Back in 2002-2005 I played a lot of internet poker. A lot. I loved the idea of making money from home. Plus, there was a unique blend of strategy and luck that I found fascinating. In poker, there is one format of the game that was my favorite: tournament poker. In a poker tournament, everybody Read More
Amazon FBA
Buying Textbooks on Craigslist and Selling on Amazon
This post was updated on 1/12/2015 Lately, I’ve been buying textbooks on Craigslist and reselling them on Amazon. I’ve been consistently purchasing the books in the $10-40 range and reselling them on Amazon FBA for over $100. Here are some winners. I bought this textbook, Understanding Business, for $40 and sold it for $149.95.
Profit Margin for FBA Items Vs. Merchant Fulfilled Items
Here’s a video that I made comparing the FBA sale price and the current merchant fulfilled price. This is based on the last 1200 books that I sold on Amazon. All these books were purchased at library book sales. You can view the spreadsheet that’s in the video right here.
Book Sale Results in Pittsboro, NC
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 Read More
Book Sale Results in Lincolnton, NC
Goal: To see the exact profits from library book sales. All books are sold on Amazon FBA. Setting City: Lincolnton, NC Place: Civic Center Advertised on: BookSalesFound.com Date: September 2013 Prices: Soft Cover Books: $.50 Hard Cover Books: $1 Equipment: Dell Axim X51 PDA with a Socket Scanner Attached. The Neatoscan Software was installed on Read More
How to Prepare an FBA Shipment While Camping
In a previous blog post, I mentioned that I took a road trip to New York and went to two book sales. The first one was in Greenwich, Connecticut and the second was in Poughkeepsie, NY. For the New York sale, I decided to prepare an FBA shipment while camping in a tent. After the Read More
Book Sale Experiment #2: How Profitable is a Three-Day Sale?
Last June I took a road trip up to the northeast to see New York City and some other places. I hit several thrift stores on the way up and went to a couple library sales in NY state and Connecticut. Here is my experience from a sale in Greenwich, CT. Goal: My goal is Read More
Selling Shark Tank Items on Amazon FBA
The only TV show that I watch is Shark Tank. For those of you that don’t know, it is a show where entrepreneurs pitch their idea to investors (sharks) in the hopes of getting a partner (or two) and raising capital for their business. I love this show because it doesn’t seem forced at all. Read More
Selling Consumable Goods with Fulfillment by Amazon
Lately, I’ve been experimenting with selling consumable goods with Fulfillment by Amazon. In other words, these are items that are used up and must be replenished. This method offers several advantages. 1) You get repeat business from the same buyer 2) Buyers will order more than one of the same item 3) Consumables are often Read More