Bookselling has grown in leaps and bounds the last decade so much so that at by the end of 2019, it had sold more than 54 million books. And with the average American reading over 10 books per year, what does this portend for potential booksellers like you? This means that a large number of people will turn to Amazon to purchase their next book.
Selling books on amazon is a perfect way to raise funds for your own private business. It’s a surefire way to get your online business up and running. And if you thought it was difficult before now, let’s tell you know that selling books on Amazon is easier than you think.
As a third-party, there are three means of selling your books as an Amazon seller:
Fulfilled by merchant (FBM) – this is when the bookseller completely manages the packaging and shiping process. In lieu of paying Amazon to handle the entire process, the seller sends the book to the purchaser using his/her resources.
Vendor Central – here, you sell your wholesale stockpile to Amazon directly through its vendor central services. You can only sell your books to Amazon only of they invited you to do business with them. You receive payment on a monthly basis.
Fulfilled by Amazon (FBA) – here, amazon will be responsible for packaging and shipping the books to the buyers. It is a novel initiative by the world’s largest online marketplace to help business store the inventory of books at fulfillment centers. It also allows you to focus on your business instead of worrying about shipments and customer relations.
Find a way to source your books. The most commonly used sourcing methods are:
The scanning method - This involves scanning the bar code using a mobile device or a handy scanner. You can also cross-refer the Best Sellers Rank (BSR) of the book and its lowest sale price. This lets the seller know whether the book is worth buying or not.
Retail arbitrage - This is a technique most amazon booksellers deploy these days. It involves purchasing books from another platform like craigslist and eBay, and reselling them on another marketplace. The downside to this is that it can be a bit time-consuming compared to other mainstream methods mentioned here.
If you plan to sell books to Amazon as a business venture on Amazon, create a seller account. There are two kinds of seller accounts to select: the individual seller and the professional seller.
Individual Seller – this is free but you are changed $1 for every book you sell.
Professional Seller – this costs $39.95 per month and this is the right option if you’re planning to sell 40+ books every month
Simply bundle the books in a parcel and ship them through one of Amazon’s most favored shippers. After that, relax and watch your sales troop in.
Be on your way to earning a 6 figure annual salary through book-selling. Don’t be worried about breaking into the market. Just follow the steps outlined and smile to the bank. It’s as easy as that.
What is the cost to sell books on Amazon?
It costs next to nothing with an Individual Seller account (only $1 per unit), however, with a Professional Account you’ll need to fork out $39.95 per month
Can I sell books on Amazon for free?
While it costs nothing to set up an account I is not free Individual Seller accounts charge only $1 per unit, while Professional accounts cost $39.95 per month
Can you sell books back to Amazon?
Using the amazon trade-in program, you can sell qualified books for an Amazon Gift Card.
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