Looking to sell new or used books on Amazon? The process is not as difficult as it looks. Follow these 5 steps and start selling books on Amazon now.
If you love reading, you probably have a sizable library of books that you’ve read stacked somewhere in your home. It is highly unlikely that you will be going back to read those books a second round. Rather than having them take up space and gather dust on the shelves, why don’t you sell them on Amazon and earn yourself some extra cash?
Selling books on Amazon is much easier than most people think. If you decide to sell used books on Amazon , you’ll have the option of having the e-commerce giant send the books to buyers or you can do that yourself.
What you Need to Sell Books on Amazon
You need to create a seller account on Amazon before you can begin selling books. To do this, you need to open a shopper account with Amazon first. To create a shopper account, you need to:
- Have a driver’s license or passport
- Have bank account details
- Have a credit or debit card
- Provide a statement for your bank or credit card account
How to Sell Books on Amazon
Whether you are selling new or used books, you’ll find Amazon’s process of selling used books on Amazon pretty straightforward. Here are 5 key steps you should follow if you are just getting started with this type of business:
1. Determine how you will Source for Books
Even before you create a seller account on Amazon, you need to establish where you will get your Amazon best selling books stock from. There are three main ways that book sellers use to source books. These are:
With this method, book sellers use a digital book scanning application to check the sales and price rank of a book. People who use this approach of sourcing tend to sell books at a very low price – often less than $1.
Sellers who use this method focus on getting a deal for a large amount of books. This means that for each book, their profit margin will be low – around $0.5 per book. However, they are able to sell many books at a go.
This method involves buying books from one marketplace like eBay or Craiglist and reselling them on another site. Compared to other methods, this takes time and is ideal for books that go for $25 or more.
2. Create a Seller Account
After establishing how you will source books to sell on Amazon, you are now ready to create a seller account. There are two types of accounts that book sellers can create on Amazon:
- Individual seller account – This account is specifically designed for use by sellers who want to sell second hand or used books. With this account, users do not pay any monthly charges. However, the highest number of books users can sell per month is 35. To exceed this monthly limit, users have to create professional seller accounts.
- Professional seller account – This account is for people who want to sell new books on Amazon. This account has a monthly fee attached to it plus an additional selling fee.
3. Determine how you will Fulfill Customer Orders
Amazon allows book sellers to fulfill customer orders in two options. The first order fulfillment option is the ‘Fulfilled by Amazon’. Here, shipping of inventory is done by the fulfillment centers in Amazon. Anytime the seller gets an order, the books are packed and shipped by Amazon. The challenge with this option is that customers have to pay extra fees to the company
The second order fulfillment option is known as ‘Fulfilled by Merchants. Here, sellers get a chance to pack and ship customer parcels themselves. Although this means that a seller is able to ensure orders are packed correctly consistently, he or she can be overwhelmed by the task.
4. List your Books for Sale
This step involves confirming that the book you wish to sell is already listed on Amazon. The easiest way to do this is to use scanning applications. On such apps, you only need to tap book ISBN numbers and check the results. After locating the book, proceed to your listing and click on ‘Sell on Amazon’ option. You will be directed to a section where you’ll be required to enter details like:
- Book Prices
- Number of books on sale
- Book condition i.e. whether it is new or used.
As a new seller, consider pricing your books a bit lower than your competitors to generate sales.
5. Keep Tabs on your Sales
Once your books are listed for sale on Amazon, they will be reflected on your inventory. Since buyers can be able to see your product listing, ensure that you manage your book sales well. Consider using your inventory section to manage sales by editing listing prices, reviewing product fees and duplicating listings.
Selling books on Amazon is a great way to earn some extra income. Whether you are selling new or used books, you can maximize your sales by understanding the peak seasons when most people purchase books. November and December tend to be the best seasons for book sales. Also, opting for Amazon fulfilled by Amazon rather than fulfilled by Merchant when you are just starting. This option works well because at this stage, you do not have a solid distribution channel. It enables your to deliver customer orders on time. Finally, arouse customer interest by promoting your book listing on social media.