Weird Case Study of Amazon Book Trading Business Earns Up to 6 Figures From Home.
when I first head this one I dismissed eat as something that couldn’t possibly make all that much money. I was wrong.
Here’s what a friend of (mine we will call her Beth) is doing with Amazon to currently clear severaly$100 a day and quit possibly rich the six figure mark this year.
She is in a nutshell, buying and selling books.
But that’s not hunting storage or yard sales to do this in fact, she never leaves home. She has 2 to methods she use that go hand in her sometimes clearing over dollar 1000 PER BOOK.
Beth’s first method takes advantage of the fact that most Amazon shoppers hot to use their prime account to get free. First shipping because of this,they will often pay for more for an item then they need to.
She looks for new and used books (HINT: text books work really will for this!)that have a large prime price tag and a much similar price if you buy it directly from the seller for example,she should me a textbook that is selling for $ 170 on prime and $12 Plus$ 3.99 shipping directly from the cheapest seller.
There were actually a couple dozen copies selling for dollar 50 or less, she buys of all of the cheaper copies sheeps them to Amazon and then sales them through Amazon prime for much larger prices.
I know, this sounds like needles in haystacks, except to say that she perfected eat on rainy afternoon when she had nothing else to do.
She also searches other book sides beyond Amazon,and she says that sum of her very best deals come from purchasing books from other sites and then selling them on Amazon.
That’s the first half of her business. The second half is weirder steel.
if you have ever looked closely at Amazon book listing you have seen that little box on the right of some listing that say.”do you have one to sale”? Amazon will pay you to send them books that they can then sell. But there’s what’s so weird.
there are times when you can buy used books from Amazon sellers for a lot less than Amazon is willing to pay for the books. And when you tell Amazon you have a book to sell they lock the price for 25 days.These gifts you time to receive the book you purchased and send it on to Amazon. If the price Amazon is willing to pay goes up in this period,you cancel the price you were going to receive and get the new hair one.
You can buy more than one copy of a book and trade it in.you can also find cheaper books on other book sites and then sale those to Amazon. You can also find other websites that will sometimes (often?) Pay more than Amazon.
Here’s another weird fact: every books site that buys books pays you in cash except for Amazon. They pay In gift cards. That seems like a flaw in the system.right?But Beth uses this gift cards to buy more cheap books that can be resold at higher prices, making even more profit. Gift cards may also save you on taxes but you didn’t hear that from me. Consult your tex person.
Beth handles the books herself-bahut incoming and outgoing by purchasing a scale and a thermal postage printing machine that makes everything simple and easy. But I understand there are also third party process centres that will handle the books for you for a fee. These includes both receiving the books from individual sellers and packaging them up to send to the book websites of your choosing.
: And there you have it:A weird little arbitrage book Business that almost anyone can do. The downsites as I see it are you need money Up front to get started because you’ll be purchasing books. The more money you have the faster you can build your business.
Also , if you’re selling books to individuals . you will have to sometimes wait to make the sales. That’s fun, though,because you never know now many sales you might wake up to each morning. If you’re interested in this,start with books you know sell for high prices such as text books and branch out from there.It could be a great way to make your mortgage payment each month, aur possibly even build a full time five five or six figure income.
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