How to Find Profitable Books For Amazon FBA Online Book Arbitrage
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Turn Used Books into Cash: Find Profitable Books to Sell on Amazon FBA
- Conclusion
Disclosure: Hi! It's Vova :) Some of the links in this article may be affiliate links. I get a commission if you purchase after clicking on the link, this does not cost you more money, and many times I can even get a nice discount for you. This helps me keep the content free forever. For you. Thank you! :)
Turn Used Books into Cash: Find Profitable Books to Sell on Amazon FBA
Have you ever dreamed of turning your love for books into a profitable side hustle?
Imagine this: you find a dusty gem at a thrift store, then list it online and watch it fly off the virtual shelves for a sweet profit.
That's the magic of Amazon FBA Online Book Arbitrage!
I recently hung out with Bill Jakeway, an expert from the Zen Arbitrage team.
Bill spilled the beans on his A-Z strategy for finding gold in the world of used books.
Intrigued?
Buckle up, bookworms, because this article will show you exactly how to find profitable books for Amazon FBA online book arbitrage.
Right below, I've got another gem for you – a Zen Arbitrage tutorial featuring the one and only Bill Jakeway from Zen Arbitrage.
(Plus, there's a way to snag a sweet extended trial on Zen Arbitrage!)
Keep reading to discover Bill's golden rule for spotting hidden profits, the secret weapon that helps him find winning books, and how to get started with this exciting business opportunity.
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Vova: Bill, what strategies do you recommend for finding profitable books for Amazon FBA using online book arbitrage?
How can sellers identify which books will sell well?
Bill: Okay, let me break it down for you.
I assume you've logged into Zen Arbitrage and are ready to start sifting through the list of books.
The "Used" column on shows the current price of the book on Amazon.
You're basically comparing this price with the FBA (Fulfilled by Amazon) price to figure out your potential profit.
Here's the deal: if the price you can buy the book for is too close to what you can sell it for, it's not worth it.
For instance, if I buy a book for seven dollars and can only sell it for twelve, I won't make any profit once I cover my expenses like prep center fees, shipping, and Amazon's cut.
So, here's the strategy: I aim to find books where the FBA price is roughly three times higher than what I can buy them for.
Why?
Because this way, I can double my investment.
For example, if I spot a ten-dollar book, I'm hoping it'll sell for around $30.
Likewise, if it's a twenty-dollar book, I'm eyeing a selling price of about $60.
Why this math?
Well, Amazon takes a hefty chunk of your earnings, roughly a third, in fees.
So, after covering those costs, ideally, I'll not only recover my initial purchase price but also double my investment.
Vova: Thanks for breaking it down, Bill. That makes a lot of sense!
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Conclusion
Alrighty, folks! That's all there is to it.
With Bill's golden rule and Zen Arbitrage as your sidekick, you're well on your way to finding profitable books to sell on Amazon.
Remember, there's a learning curve, so don't get discouraged if you don't strike gold right away.
Keep practicing, have fun hunting for those hidden gems, and who knows, maybe you'll be the next big bookselling whiz on Amazon!
Ready to get started?
Grab Bill's extended trial of Zen Arbitrage and snag the free Zen Check extension using the buttons below.
(Click this button and email the Zen Arbitrage team at help@zenarbitrage.com to upgrade your trial from the standard 14 days to an exclusive 30-day trial!)
Happy hunting!
-
Turn Used Books into Cash: Find Profitable Books to Sell on Amazon FBA
- Conclusion
Disclosure: Hi! It's Vova :) Some of the links in this article may be affiliate links. I get a commission if you purchase after clicking on the link, this does not cost you more money, and many times I can even get a nice discount for you. This helps me keep the content free forever. For you. Thank you! :)