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Selling books on Amazon FBA (“Fulfillment by Amazon”) has become one of the most lucrative online side hustles or full-time businesses of 2018.
Let’s face it. Amazon is the future of e-commerce. So you might as well work with them rather than against them, right?
The trick is in knowing what kind of books bring the greatest margins and then buying them for as cheap as possible.
Those who do well in this industry buy their books for no more than $1 – $2 and sell them for anywhere from $10 for standard books to $300 for rare or out-of-print books.
They repeat this process for over 1,000 books per month, creating for themselves a six-figure income with Amazon, working from home.
You don’t need to be some kind of marketing genius. All you have to do to make money online is do what Amazon did 25 years ago: get into the book business.
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Here’s An Example of How This Works
Check out the book below. It’s called Disney’s Haunted Mansion: Pop-Up Book.
Notice the price.
I bet you were shocked to learn that some children’s book from the 90s could fetch that kind of dough.
Imagine you bought that book for $2 and sold it for that price. Easy money, yeah? You could do that a few times a day on the side, couldn’t you?
And with so many people willing to part with old books like this for pennies, you can see how you can start to make some serious money selling used books like this.
Why Isn’t Everybody Doing This?
So if selling books on Amazon FBA is so profitable, why isn’t everyone doing this?
Well, for one thing, they don’t know how to get started because they lack knowledge.
See, most people don’t know the value of used books.
They don’t know how to evaluate a book to determine its Amazon FBA potential.
Remember that Disney book I mentioned above?
Most people would see that at a garage sale and walk right on by.
But with the right training, you can learn how to pick high-margin books and how to get them for a fraction of what you’ll be able to sell them for.
How to Start Selling Books on Amazon FBA
If selling books on Amazon FBA sounds like a side hustle or even full-time business that you’d like to start, you’ll need a teacher.
Every year, there are tons of people who try to start this kind of business and fail.
And they fail because they didn’t know what they were doing.
They didn’t invest in their education.
Probably the best education we’ve seen on Amazon FBA is Jim Pickens’ Book Selling 101 (Updated for 2018).
Unlike many online “gurus,” Jim is actually making money selling used books on Amazon FBA.
Jim’s course isn’t some lame collection of outdated PDFs.
Last time I checked it has over 35 training videos that go over everything you need to know about selling books on Amazon FBA.
Author:
Logan is a practicing CPA and founder of Choice Tax Relief and Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.
This is a perfect example of how an “old” business model, which nearly everyone ignores is still a fantastic opportunity for an average person to become successful with Amazon. With as much money as amazon makes, its nothing to them if you make 6 or even 7 figures using their platform. They just crossed over $2B in profits in 3 months. I don’t know about anyone else but I sure would like a piece of that income stream.
Hi, when I click on that link at the bottom to check out Jim’s videos, it takes me to the Haunted Mansion book on Amazon. Just thought I’d let you know. Good article. Thanks for the info!
The true secret of selling FBA books: write an article with a link that delivers readers to your product?? 🤔