thanks for writing these! Per your recommendation I got Jarek Lewis's course, watched it, started searching for books. Getting Seller Account and Prep Center set up now.
One question: A lot of these books don't seem to sell much outside of busy season, where they sell at like 3x of current prices. Jarek recommends ignoring these, but doesn't really go into why. Maybe because there'd be risk of not getting them sold? It seems like a good deal outside of that risk
EDIT: Nvm, you kinda answered this another comment
Hey Mahi - Thanks for putting this together! I am about to take the plunge and get started. Few things I wanted to get validation for:
A) Is this the full list of items that I need to have to start selling?
- Amazon Professional Seller Account
- Amazon Buyer Account
- eBay Account
- Keepa
- Boxes
- Printer / Tape
- Winners Tracker
- ROI / Profit Trackker
B) Account Management: To make sure I stay organized, do I need to two Amazon accounts (buyer + seller) or just one? I recall Jarek saying that you can banned if you buy a cheap book from Prime and then try to resell FBA.
- Should I create an account that is separate from the Amazon account my family uses (thinking yes if Amazon allows)?
Hey Mahi! I attempted this side hustle and my biggest issue was books not selling...I know they have to be popular at least during busy season, priced to sell etc, but I feel like I keep getting undercut massively by the time my book ends up getting listed since you have to wait a while. Any words of advice there? Is it better to just price down to sell it so you dont have that money just sitting and not moving?
Hi Mahi,
Just skimmed through really quickly. Super interesting, thanks for posting.
QQ:
1. When I purchase books, do they have to be delivered to my home? I guess this wont work if I don't live in the US?
2. Seems like the demand for textbooks will only be increase when the school semester starts. Will this business be viable year round?
Hi mate,
Subscribed to your stack and bought Jarek's book flipping course. Great stuff!
I am, however, in the UK.
I'm assuming everything you write about would still apply here as the market is still pretty big.
Do you know of this being successful in the UK? And are there any things that I should be aware of that may not be obvious to me at this stage??
Thanks Mahi
Hi Mahi,
thanks for writing these! Per your recommendation I got Jarek Lewis's course, watched it, started searching for books. Getting Seller Account and Prep Center set up now.
One question: A lot of these books don't seem to sell much outside of busy season, where they sell at like 3x of current prices. Jarek recommends ignoring these, but doesn't really go into why. Maybe because there'd be risk of not getting them sold? It seems like a good deal outside of that risk
EDIT: Nvm, you kinda answered this another comment
Hi Mahi,
When you buy a particular book to flip, how do you decide how many copies you want to buy? Is there a min amount Amazon expects to be sent for FBA?
Hey Mahi - Thanks for putting this together! I am about to take the plunge and get started. Few things I wanted to get validation for:
A) Is this the full list of items that I need to have to start selling?
- Amazon Professional Seller Account
- Amazon Buyer Account
- eBay Account
- Keepa
- Boxes
- Printer / Tape
- Winners Tracker
- ROI / Profit Trackker
B) Account Management: To make sure I stay organized, do I need to two Amazon accounts (buyer + seller) or just one? I recall Jarek saying that you can banned if you buy a cheap book from Prime and then try to resell FBA.
- Should I create an account that is separate from the Amazon account my family uses (thinking yes if Amazon allows)?
TIA
Hey Mahi! I attempted this side hustle and my biggest issue was books not selling...I know they have to be popular at least during busy season, priced to sell etc, but I feel like I keep getting undercut massively by the time my book ends up getting listed since you have to wait a while. Any words of advice there? Is it better to just price down to sell it so you dont have that money just sitting and not moving?