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If you want to start selling on Amazon but have no idea where to start
Books
could be a great entry point
- Here’s Why -
Books
could be a great entry point- Here’s Why -
A large majority of the book titles sold on Amazon are already “ungated” for new sellers
Ungated means that you are not restricted from selling that particular item or brand
While Gated means the opposite
This means you can get started whenever you’re ready
Ungated means that you are not restricted from selling that particular item or brand
While Gated means the opposite
This means you can get started whenever you’re ready
Books are everywhere and insanely cheap
You can find books in your local thrift store, library sale, or farmers market
From $2 being the median to 25¢
And just because a book is cheap, doesn’t mean it’s not valuable
You can find books in your local thrift store, library sale, or farmers market
From $2 being the median to 25¢
And just because a book is cheap, doesn’t mean it’s not valuable
This book, The Lost Days of Disco, was found at a library sale for a $1
The same copy is selling for 95 on amazon
The same copy is selling for 95 on amazon
It’s not that libraries or thrift stores are incompetent when valuing their inventory
This is just the name of the game
Libraries get donations from people all over their zip code
Thousands of books
It’ll be difficult for local, low staff libraries to price check each book
This is just the name of the game
Libraries get donations from people all over their zip code
Thousands of books
It’ll be difficult for local, low staff libraries to price check each book
Thrift stores move entire crates of hundreds of different products daily
The best they can do is quickly label as many items as possible and get it to the floor
This gives us as resellers an opportunity
The best they can do is quickly label as many items as possible and get it to the floor
This gives us as resellers an opportunity
Our goal is to scan through as many book as quickly as possible
And cherry picking the ones deemed as profitable
And cherry picking the ones deemed as profitable
Most books lie in the profit range of $2-6
If you can scan through 400 books in an hour (Very Possible)
With a acceptance rate of 10%
You have just made $160 an hour and that is very much a lowball
If you can scan through 400 books in an hour (Very Possible)
With a acceptance rate of 10%
You have just made $160 an hour and that is very much a lowball
DM if you have any questions
I’m pretty new to the game myself but the business model is as simple as can be
I’m pretty new to the game myself but the business model is as simple as can be
